SHOC vs SPY

Quick Verdict

SPY has a lower expense ratio. SHOC delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: SHOCMore Diversified: SPY

Side-by-Side Comparison

MetricSHOCSPYWinner
Expense Ratio0.40%0.09%
AUM$220M$789.1B
Dividend Yield0.15%1.01%
Holdings32505
YTD Return+53.14%+13.79%
1Y Return+93.54%+23.66%
3Y Return (annualized)+46.46%+21.40%
5Y Return (annualized)-+13.37%
Volatility (annualized)33.0%15.3%
Max Drawdown-37.6%-56.5%
Fund FamilyStrive Asset ManagementState Street Investment Management
CategoryEquityEquity
InceptionOct 6, 2022Jan 22, 1993

SHOC vs SPY Performance

Strive US Semiconductor ETF (SHOC) is a ETF from Strive Asset Management and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year SHOC returned +93.54% while SPY returned +23.66%. Year to date, SHOC is up 53.14% versus a gain of 13.79% for SPY.

Over three years, SHOC compounded at +46.46% per year against +21.40% for SPY. Across the full 4-year window we track, SHOC has the edge at +47.36% annualized vs +8.85%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

SHOC has been the more volatile fund, with annualized monthly volatility of 33.0% compared with 15.3% 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 -37.6% for SHOC and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.78. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

SHOC charges 0.40% per year while SPY charges 0.09%. On a $10,000 position that is $40 vs $9 annually, a gap of $31 per year that compounds over a long holding period. On income, SHOC currently yields 0.15% against 1.01% for SPY.

Holdings Overlap

18.2%overlap

SHOC and SPY share 22 holdings out of 512 unique holdings combined, representing a 18.2% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in SHOCWeight in SPYDifference
NVDA19.37%7.31%12.06%
MU12.79%1.71%11.08%
AVGO10.65%2.73%7.92%
AMDProProPro
AMATProProPro
LRCXProProPro
KLACProProPro
INTCProProPro
TXNProProPro
MRVLProProPro
See all 10 holdings SHOC shares with SPY
Exact weights in each fund and the difference, for every overlapping position.
Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime.

Frequently Asked Questions

Which is cheaper, SHOC or SPY?

SHOC has an expense ratio of 0.40% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $31 per year of difference.

Which performed better, SHOC or SPY?

Over the past year SHOC returned +93.54% vs +23.66% for SPY, so SHOC leads on 1-year performance. Over the longest common window we track (4 years), SHOC annualized +47.36% vs +8.85% for SPY. Past performance does not guarantee future results.

Which is riskier, SHOC or SPY?

SHOC has been the more volatile fund at 33.0% annualized versus 15.3% for SPY. Worst drawdown: SHOC -37.6% vs SPY -56.5%.

Should I hold both SHOC and SPY?

SHOC and SPY have a monthly-return correlation of 0.78, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between SHOC and SPY?

SHOC and SPY share 22 common holdings with a 18.2% weight overlap. Combined, they hold 512 unique securities.

Which pays a higher dividend, SHOC or SPY?

SHOC yields 0.15% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

Get Full ETF Analytics

Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.

See inside every ETF you own
$29/moCancel anytime.
Try FundXLS →