SNPE vs SPY
Xtrackers S&P 500 Scored & Screened ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, SNPE or SPY?
Nearly the same fund. SPY costs less.
SPY has a lower expense ratio. SNPE led over 1Y, 5Y and the full window, SPY over 3Y. The two have moved almost in lockstep, correlation 0.99. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 40.9%.
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 | SNPE | SPY |
|---|---|---|
| Expense Ratio | 0.10% | 0.09%Best |
| AUM | $2.9B | $804.7B |
| Dividend Yield | 0.92% | 0.98% |
| Holdings | 333 | 505 |
| YTD Return | +11.72% | +12.09%Best |
| 1Y Return | +18.26%Best | +16.29% |
| 3Y Return (annualized) | +21.01% | +21.20%Best |
| 5Y Return (annualized) | +14.08%Best | +13.37% |
| Volatility (annualized) | 16.6% | 16.4%Best |
| Max Drawdown | -33.8%Best | -34.1% |
| $10,000 over 5 years | $19,322Best | $18,728 |
| Top 10 Weight | 40.9% | 37.8%Best |
| Fund Family | Xtrackers ETFs | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jun 25, 2019 | Jan 22, 1993 |
Volatility and max drawdown are measured over the window both funds cover: Jun 26, 2019 to Sep 18, 2026 (7.2 years).
SNPE 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 7.2 years both funds cover.
SNPE vs SPY Performance
Xtrackers S&P 500 Scored & Screened ETF (SNPE) is an ETF from Xtrackers ETFs and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year SNPE returned +18.26% while SPY returned +16.29%. Year to date, SNPE is up 11.72% versus a gain of 12.09% for SPY.
Over three years, SNPE compounded at +21.01% per year against +21.20% for SPY; over five years the annualized figures are +14.08% and +13.37% respectively. Across the full 7-year window we track, SNPE has the edge at +16.35% annualized vs +15.44%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SNPE has been the more volatile fund, with annualized monthly volatility of 16.6% compared with 16.4% 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 -33.8% for SNPE and -34.1% 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 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
SNPE charges 0.10% per year while SPY charges 0.09%. On a $10,000 position that is $10 vs $9 annually, a gap of $1 per year that compounds over a long holding period. On income, SNPE currently yields 0.92% against 0.98% for SPY.
Holdings Overlap
98.7% of SNPE's money is in holdings SPY also owns. 60.9% of SPY's money is in holdings SNPE also owns.
Most of SNPE is already inside SPY. Owning both mostly buys the same companies twice.
319 positions in common, counted across the 326 positions we hold weights for in SNPE and 504 in SPY, against full books of 333 and 505.
What only one of them owns
Our book lists 180 positions for SPY that do not appear in our book for SNPE (38.5% of the fund), and 3 for SNPE that do not appear in SPY (0.6%).
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 SNPE | Weight in SPY | Difference |
|---|---|---|---|
| NVDANvidia Corp | 13.30% | 8.01% | 5.29% |
| MSFTMicrosoft Corp | 9.03% | 5.66% | 3.37% |
| GOOGLAlphabet Inc,class A | 4.84% | 2.99% | 1.85% |
| GOOGAlphabet Inc | 3.86% | 2.39% | 1.47% |
| MUMicron Technology, Inc. | 2.64% | 1.60% | 1.04% |
| LLYEli Lilly & Co. | 2.25% | 1.40% | 0.85% |
| VVisa Inc Class A | 1.54% | 0.94% | 0.60% |
| MAMastercard Inc | 1.16% | 0.71% | 0.45% |
| WMTWalmart, Inc. | 1.14% | 0.71% | 0.43% |
| ABBVAbbvie Inc. | 1.13% | 0.70% | 0.43% |
98.7% of SNPE 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, SNPE or SPY?
SNPE has an expense ratio of 0.10% while SPY charges 0.09%. SPY is the cheaper option, by $1 a year on a $10,000 investment.
Which performed better, SNPE or SPY?
Over the past year SNPE returned +18.26% vs +16.29% for SPY, so SNPE leads on 1-year performance. Over the longest common window we track (7 years), SNPE annualized +16.35% vs +15.44% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SNPE or SPY?
SNPE has been the more volatile fund at 16.6% annualized versus 16.4% for SPY. Worst drawdown: SNPE -33.8% vs SPY -34.1%.
Should I hold both SNPE and SPY?
SNPE and SPY have a monthly-return correlation of 0.99, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between SNPE and SPY?
98.7% of SNPE's money is in holdings SPY also owns. 60.9% of SPY's is in holdings SNPE also owns. They hold 319 positions in common, counted across the 326 positions we hold weights for in SNPE and 504 in SPY.
Which pays a higher dividend, SNPE or SPY?
SNPE yields 0.92% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than SNPE?
SPY has a lower expense ratio. SNPE led over 1Y, 5Y and the full window, SPY over 3Y. The two have moved almost in lockstep, correlation 0.99. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 40.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.