SHEH vs SPY
Shell PLC ADRhedged vs State Street SPDR S&P 500 ETF Trust
Which is better, SHEH or SPY?
Multi Alternative against Large Cap Blend.
SPY has a lower expense ratio. SHEH led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | SHEH | SPY |
|---|---|---|
| Expense Ratio | 0.19% | 0.09%Best |
| AUM | $1M | $804.7B |
| Dividend Yield | 2.11% | 0.98% |
| Holdings | 2 | 505 |
| YTD Return | +28.43%Best | +11.52% |
| 1Y Return | +35.14%Best | +17.48% |
| 3Y Return (annualized) | - | +20.62% |
| 5Y Return (annualized) | - | +12.73% |
| Volatility (annualized) | 23.2% | 12.9%Best |
| Max Drawdown | -18.8%Tie | -18.8%Tie |
| $10,000 over 1.9 years | $13,939Best | $13,568 |
| Fund Family | ADRH | State Street Investment Management |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Oct 1, 2024 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Oct 7, 2024 to Sep 10, 2026 (1.9 years).
SHEH vs SPY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.9 years both funds cover.
SHEH vs SPY Performance
Shell PLC ADRhedged (SHEH) is an ETF from ADRH and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year SHEH returned +35.14% while SPY returned +17.48%. Year to date, SHEH is up 28.43% versus a gain of 11.52% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SHEH has been the more volatile fund, with annualized monthly volatility of 23.2% compared with 12.9% for SPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -18.8% for SHEH and -18.8% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.29. They move largely independently of each other.
Fees and Cost Over Time
SHEH charges 0.19% per year while SPY charges 0.09%. On a $10,000 position that is $19 vs $9 annually, a gap of $10 per year that compounds over a long holding period. On income, SHEH currently yields 2.11% against 0.98% for SPY.
Holdings Overlap
We hold position weights for 2 holdings in SHEH and 504 in SPY, totalling 99.8% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 2 positions we hold weights for in SHEH and 504 in SPY, against full books of 2 and 505.
What only one of them owns
Measured across the 2 and 504 positions we hold weights for.
SPY holds 494 positions SHEH does not, 99.5% of the fund.
Largest: NVDA 7.71%, AAPL 6.83%, MSFT 5.50%, AMZN 4.08%, GOOGL 3.33%
You are not choosing between two funds in isolation.
Whichever of SHEH and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SHEH or SPY?
SHEH has an expense ratio of 0.19% while SPY charges 0.09%. SPY is the cheaper option, by $10 a year on a $10,000 investment.
Which performed better, SHEH or SPY?
Over the past year SHEH returned +35.14% vs +17.48% for SPY, so SHEH leads on 1-year performance. Over the longest common window we track (2 years), SHEH annualized +19.10% vs +17.42% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SHEH or SPY?
SHEH has been the more volatile fund at 23.2% annualized versus 12.9% for SPY. Worst drawdown: SHEH -18.8% vs SPY -18.8%.
Should I hold both SHEH and SPY?
SHEH and SPY have a monthly-return correlation of -0.29, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, SHEH or SPY?
SHEH yields 2.11% while SPY yields 0.98%, so SHEH currently pays the higher dividend yield.
Is SPY better than SHEH?
SPY has a lower expense ratio. SHEH led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.