SOYB vs SPY
Teucrium Soybean Fund ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SOYB delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | SOYB | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 1.00% | 0.09% | |
| AUM | $51M | $814.4B | |
| Dividend Yield | 0.00% | 1.01% | |
| Holdings | 12 | 505 | |
| YTD Return | +26.58% | +12.60% | |
| 1Y Return | +24.64% | +20.83% | |
| 3Y Return (annualized) | -1.03% | +20.98% | |
| 5Y Return (annualized) | +4.34% | +12.56% | |
| Volatility (annualized) | 16.8% | 15.3% | |
| Max Drawdown | -53.8% | -56.5% | |
| Fund Family | Teucrium | State Street Investment Management | |
| Category | Commodity | Equity | |
| Inception | Sep 19, 2011 | Jan 22, 1993 |
SOYB vs SPY Performance
Teucrium Soybean Fund ETF (SOYB) is a ETF from Teucrium and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year SOYB returned +24.64% while SPY returned +20.83%. Year to date, SOYB is up 26.58% versus a gain of 12.60% for SPY.
Over three years, SOYB compounded at -1.03% per year against +20.98% for SPY; over five years the annualized figures are +4.34% and +12.56% respectively. Across the full 15-year window we track, SPY has the edge at +8.79% annualized vs +0.79%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SOYB has been the more volatile fund, with annualized monthly volatility of 16.8% 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 -53.8% for SOYB 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 0.15. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SOYB charges 1.00% per year while SPY charges 0.09%. On a $10,000 position that is $100 vs $9 annually, a gap of $91 per year that compounds over a long holding period. On income, SOYB currently yields 0.00% against 1.01% for SPY.
Holdings Overlap
SOYB and SPY share 0 holdings out of 505 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, SOYB or SPY?
SOYB has an expense ratio of 1.00% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $91 per year of difference.
Which performed better, SOYB or SPY?
Over the past year SOYB returned +24.64% vs +20.83% for SPY, so SOYB leads on 1-year performance. Over the longest common window we track (15 years), SOYB annualized +0.79% vs +8.79% for SPY. Past performance does not guarantee future results.
Which is riskier, SOYB or SPY?
SOYB has been the more volatile fund at 16.8% annualized versus 15.3% for SPY. Worst drawdown: SOYB -53.8% vs SPY -56.5%.
Should I hold both SOYB and SPY?
SOYB and SPY have a monthly-return correlation of 0.15, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SOYB and SPY?
SOYB and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 505 unique securities.
Which pays a higher dividend, SOYB or SPY?
SOYB yields 0.00% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
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