SHUS vs SPY
Stratified LargeCap Hedged ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, SHUS or SPY?
SPY has been ahead.
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y 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 | SHUS | SPY |
|---|---|---|
| Expense Ratio | 0.79% | 0.09%Best |
| AUM | $25M | $804.7B |
| Dividend Yield | 1.24% | 0.98% |
| Holdings | 5 | 505 |
| YTD Return | +10.05% | +13.81%Best |
| 1Y Return | +12.54% | +16.94%Best |
| 3Y Return (annualized) | +10.97% | +22.84%Best |
| 5Y Return (annualized) | +6.31% | +13.50%Best |
| Volatility (annualized) | 11.3%Best | 15.5% |
| Max Drawdown | -14.3%Best | -24.5% |
| $10,000 over 5 years | $13,579 | $18,836Best |
| Fund Family | Syntax Stratified | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jun 15, 2021 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jun 16, 2021 to Sep 22, 2026 (5.3 years).
SHUS 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 5.3 years both funds cover.
SHUS vs SPY Performance
Stratified LargeCap Hedged ETF (SHUS) is an ETF from Syntax Stratified and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year SHUS returned +12.54% while SPY returned +16.94%. Year to date, SHUS is up 10.05% versus a gain of 13.81% for SPY.
Over three years, SHUS compounded at +10.97% per year against +22.84% for SPY; over five years the annualized figures are +6.31% and +13.50% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.5% compared with 11.3% for SHUS. 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 -14.3% for SHUS and -24.5% 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 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SHUS charges 0.79% per year while SPY charges 0.09%. On a $10,000 position that is $79 vs $9 annually, a gap of $70 per year that compounds over a long holding period. On income, SHUS currently yields 1.24% against 0.98% for SPY.
Holdings Overlap
We hold position weights for 1 holding in SHUS and 504 in SPY, totalling 100.0% and 99.9% 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 1 positions we hold weights for in SHUS and 504 in SPY, against full books of 5 and 505.
You are not choosing between two funds in isolation.
Whichever of SHUS 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, SHUS or SPY?
SHUS has an expense ratio of 0.79% while SPY charges 0.09%. SPY is the cheaper option, by $70 a year on a $10,000 investment.
Which performed better, SHUS or SPY?
Over the past year SHUS returned +12.54% vs +16.94% 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, SHUS or SPY?
SPY has been the more volatile fund at 15.5% annualized versus 11.3% for SHUS. Worst drawdown: SHUS -14.3% vs SPY -24.5%.
Should I hold both SHUS and SPY?
SHUS and SPY have a monthly-return correlation of 0.80, 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, SHUS or SPY?
SHUS yields 1.24% while SPY yields 0.98%, so SHUS currently pays the higher dividend yield.
Is SPY better than SHUS?
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.