SHLD vs SPY
Global X Defense Tech ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, SHLD or SPY?
Large Cap Growth against Large Cap Blend.
SPY has a lower expense ratio. SHLD led over 3Y and the full window, SPY over 1Y. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 64.0%.
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 | SHLD | SPY |
|---|---|---|
| Expense Ratio | 0.50% | 0.09%Best |
| AUM | $7.3B | $814.4B |
| Dividend Yield | 0.67% | 1.01% |
| Holdings | 55 | 505 |
| YTD Return | -4.89% | +13.34%Best |
| 1Y Return | +2.28% | +19.97%Best |
| 3Y Return (annualized) | +37.66%Best | +21.20% |
| 5Y Return (annualized) | - | +12.81% |
| Volatility (annualized) | 21.0% | 12.4%Best |
| Max Drawdown | -25.4% | -18.8%Best |
| $10,000 over 3 years | $26,087Best | $17,989 |
| Top 10 Weight | 64.0% | 38.0%Best |
| Fund Family | Global X by mirae Asset | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Sep 11, 2023 | Jan 22, 1993 |
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Sep 13, 2023 to Sep 4, 2026 (3 years).
SHLD 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 3 years both funds cover.
SHLD vs SPY Performance
Global X Defense Tech ETF (SHLD) is an ETF from Global X by mirae Asset and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year SHLD returned +2.28% while SPY returned +19.97%. Year to date, SHLD is down 4.89% versus a gain of 13.34% for SPY.
Over three years, SHLD compounded at +37.66% per year against +21.20% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SHLD has been the more volatile fund, with annualized monthly volatility of 21.0% compared with 12.4% 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 -25.4% for SHLD 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 0.17. They move largely independently of each other.
Fees and Cost Over Time
SHLD charges 0.50% per year while SPY charges 0.09%. On a $10,000 position that is $50 vs $9 annually, a gap of $41 per year that compounds over a long holding period. On income, SHLD currently yields 0.67% against 1.01% for SPY.
Holdings Overlap
51.6% of SHLD's money is in holdings SPY also owns. 1.6% of SPY's money is in holdings SHLD also owns.
The two portfolios partly overlap.
8 positions in common, counted across the 50 positions we hold weights for in SHLD and 504 in SPY, against full books of 55 and 505.
What only one of them owns
Our book lists 488 positions for SPY that do not appear in our book for SHLD (97.9% of the fund), and 17 for SHLD that do not appear in SPY (15.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in SHLD | Weight in SPY | Difference |
|---|---|---|---|
| RTXRaytheon Co. | 9.50% | 0.44% | 9.06% |
| PLTRPalantir Technologies Inc | 9.17% | 0.56% | 8.61% |
| GDGeneral Dynamics Corp. | 8.67% | 0.15% | 8.52% |
| LMTLockheed Martin Corp | 8.52% | 0.18% | 8.34% |
| NOCNorthrop Grumman Corp. | 7.66% | 0.11% | 7.55% |
| LHXL3Harris Technologies Inc. | 3.96% | 0.08% | 3.88% |
| LDOSLeidos Holdings, Inc. | 2.32% | 0.02% | 2.30% |
| HIIHuntington Ingalls Industries Inc. | 1.80% | 0.02% | 1.78% |
51.6% of SHLD is already inside SPY.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SHLD or SPY?
SHLD has an expense ratio of 0.50% while SPY charges 0.09%. SPY is the cheaper option, by $41 a year on a $10,000 investment.
Which performed better, SHLD or SPY?
Over the past year SHLD returned +2.28% vs +19.97% for SPY, so SPY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SHLD or SPY?
SHLD has been the more volatile fund at 21.0% annualized versus 12.4% for SPY. Worst drawdown: SHLD -25.4% vs SPY -18.8%.
Should I hold both SHLD and SPY?
SHLD and SPY have a monthly-return correlation of 0.17, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between SHLD and SPY?
51.6% of SHLD's money is in holdings SPY also owns. 1.6% of SPY's is in holdings SHLD also owns. They hold 8 positions in common, counted across the 50 positions we hold weights for in SHLD and 504 in SPY.
Which pays a higher dividend, SHLD or SPY?
SHLD yields 0.67% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
Is SPY better than SHLD?
SPY has a lower expense ratio. SHLD led over 3Y and the full window, SPY over 1Y. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 64.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.