SNPE vs SPY
Xtrackers S&P 500 Scored & Screened ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SNPE delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | SNPE | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.10% | 0.09% | |
| AUM | $3.0B | $821.1B | |
| Dividend Yield | 0.96% | 1.01% | |
| Holdings | 334 | 505 | |
| YTD Return | +14.57% | +13.47% | |
| 1Y Return | +23.95% | +20.57% | |
| 3Y Return (annualized) | +22.19% | +21.83% | |
| 5Y Return (annualized) | +13.88% | +12.88% | |
| Volatility (annualized) | 16.6% | 15.3% | |
| Max Drawdown | -33.8% | -56.5% | |
| Fund Family | Xtrackers ETFs | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Jun 25, 2019 | Jan 22, 1993 |
SNPE vs SPY Performance
Xtrackers S&P 500 Scored & Screened ETF (SNPE) is a ETF from Xtrackers ETFs and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year SNPE returned +23.95% while SPY returned +20.57%. Year to date, SNPE is up 14.57% versus a gain of 13.47% for SPY.
Over three years, SNPE compounded at +22.19% per year against +21.83% for SPY; over five years the annualized figures are +13.88% and +12.88% respectively. Across the full 7-year window we track, SNPE has the edge at +16.91% annualized vs +8.83%. 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 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 -33.8% for SNPE 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 0.99. 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 0.96% against 1.01% for SPY.
Holdings Overlap
SNPE and SPY share 318 holdings out of 515 unique holdings combined, representing a 60.8% weight overlap.
High overlap means holding both may not provide much additional diversification.
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. On a $10,000 investment, that is $1 per year of difference.
Which performed better, SNPE or SPY?
Over the past year SNPE returned +23.95% vs +20.57% for SPY, so SNPE leads on 1-year performance. Over the longest common window we track (7 years), SNPE annualized +16.91% vs +8.83% for SPY. Past performance does not guarantee future results.
Which is riskier, SNPE or SPY?
SNPE has been the more volatile fund at 16.6% annualized versus 15.3% for SPY. Worst drawdown: SNPE -33.8% vs SPY -56.5%.
Should I hold both SNPE and SPY?
SNPE and SPY have a monthly-return correlation of 0.99, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between SNPE and SPY?
SNPE and SPY share 318 common holdings with a 60.8% weight overlap. Combined, they hold 515 unique securities.
Which pays a higher dividend, SNPE or SPY?
SNPE yields 0.96% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
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