SOYB vs SPY
Teucrium Soybean Fund ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, SOYB or SPY?
Agriculture against Large Cap Blend.
SPY has a lower expense ratio. SOYB led over 1Y, SPY over 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 | SOYB | SPY |
|---|---|---|
| Expense Ratio | 1.00% | 0.09%Best |
| AUM | $47M | $804.7B |
| Dividend Yield | 0.00% | 0.98% |
| Holdings | 12 | 505 |
| YTD Return | +28.28%Best | +12.99% |
| 1Y Return | +29.05%Best | +16.73% |
| 3Y Return (annualized) | +0.75% | +22.52%Best |
| 5Y Return (annualized) | +4.59% | +13.07%Best |
| Volatility (annualized) | 16.8% | 14.1%Best |
| Max Drawdown | -53.8% | -34.1%Best |
| $10,000 over 5 years | $12,516 | $18,481Best |
| Fund Family | Teucrium | State Street Investment Management |
| Category | Commodity | Equity |
| Style | Agriculture | Large Cap Blend |
| Inception | Sep 19, 2011 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 19, 2011 to Sep 23, 2026 (15 years).
SOYB 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
SOYB vs SPY Performance
Teucrium Soybean Fund ETF (SOYB) is an ETF from Teucrium and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year SOYB returned +29.05% while SPY returned +16.73%. Year to date, SOYB is up 28.28% versus a gain of 12.99% for SPY.
Over three years, SOYB compounded at +0.75% per year against +22.52% for SPY; over five years the annualized figures are +4.59% and +13.07% respectively. Across the full 15-year window we track, SPY has the edge at +13.70% annualized vs +0.88%.
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 14.1% 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 -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 0.15. They move largely independently of each other.
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 0.98% for SPY.
Holdings Overlap
We hold position weights for 1 holding in SOYB and 504 in SPY, totalling 41.2% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 63 days apart, SOYB as of Jun 30, 2026 and SPY as of Sep 1, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 1 positions we hold weights for in SOYB and 504 in SPY, against full books of 12 and 505.
You are not choosing between two funds in isolation.
Whichever of SOYB 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, SOYB or SPY?
SOYB has an expense ratio of 1.00% while SPY charges 0.09%. SPY is the cheaper option, by $91 a year on a $10,000 investment.
Which performed better, SOYB or SPY?
Over the past year SOYB returned +29.05% vs +16.73% for SPY, so SOYB leads on 1-year performance. Over the longest common window we track (15 years), SOYB annualized +0.88% vs +13.70% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SOYB or SPY?
SOYB has been the more volatile fund at 16.8% annualized versus 14.1% for SPY. Worst drawdown: SOYB -53.8% vs SPY -34.1%.
Should I hold both SOYB and SPY?
SOYB and SPY have a monthly-return correlation of 0.15, 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, SOYB or SPY?
SOYB yields 0.00% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than SOYB?
SPY has a lower expense ratio. SOYB led over 1Y, SPY over 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.