SPRE vs SPY
SP Funds S&P Global REIT Sharia ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, SPRE or SPY?
All Cap Blend against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 79.2%.
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 | SPRE | SPY |
|---|---|---|
| Expense Ratio | 0.50% | 0.09%Best |
| AUM | $214M | $814.4B |
| Dividend Yield | 2.19% | 1.01% |
| Holdings | 29 | 505 |
| YTD Return | +5.63% | +13.78%Best |
| 1Y Return | +8.44% | +21.44%Best |
| 3Y Return (annualized) | +3.42% | +21.38%Best |
| 5Y Return (annualized) | -4.26% | +12.80%Best |
| Volatility (annualized) | 18.9% | 15.0%Best |
| Max Drawdown | -42.6% | -24.5%Best |
| $10,000 over 5 years | $8,044 | $18,262Best |
| Top 10 Weight | 79.2% | 38.0%Best |
| Fund Family | SP Funds | State Street Investment Management |
| Category | Equity | Equity |
| Style | All Cap Blend | Large Cap Blend |
| Inception | Dec 29, 2020 | Jan 22, 1993 |
Volatility and max drawdown are measured over the window both funds cover: Dec 30, 2020 to Sep 3, 2026 (5.7 years).
SPRE 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 5.7 years both funds cover.
SPRE vs SPY Performance
SP Funds S&P Global REIT Sharia ETF (SPRE) is an ETF from SP Funds and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year SPRE returned +8.44% while SPY returned +21.44%. Year to date, SPRE is up 5.63% versus a gain of 13.78% for SPY.
Over three years, SPRE compounded at +3.42% per year against +21.38% for SPY; over five years the annualized figures are -4.26% and +12.80% respectively. Across the full 6-year window we track, SPY has the edge at +15.25% annualized vs +0.55%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPRE has been the more volatile fund, with annualized monthly volatility of 18.9% compared with 15.0% 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 -42.6% for SPRE 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 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SPRE charges 0.50% per year while SPY charges 0.09%. On a $10,000 position that is $50 vs $9 annually, a gap of $41 per year that compounds over a long holding period. On income, SPRE currently yields 2.19% against 1.01% for SPY.
Holdings Overlap
47.5% of SPRE's money is in holdings SPY also owns. 0.7% of SPY's money is in holdings SPRE also owns.
The two portfolios partly overlap.
5 positions in common, counted across the 23 positions we hold weights for in SPRE and 504 in SPY, against full books of 29 and 505.
What only one of them owns
Our book lists 491 positions for SPY that do not appear in our book for SPRE (98.8% of the fund), and 6 for SPRE that do not appear in SPY (20.0%).
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.
47.5% of SPRE 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, SPRE or SPY?
SPRE has an expense ratio of 0.50% while SPY charges 0.09%. SPY is the cheaper option, by $41 a year on a $10,000 investment.
Which performed better, SPRE or SPY?
Over the past year SPRE returned +8.44% vs +21.44% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (6 years), SPRE annualized +0.55% vs +15.25% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SPRE or SPY?
SPRE has been the more volatile fund at 18.9% annualized versus 15.0% for SPY. Worst drawdown: SPRE -42.6% vs SPY -24.5%.
Should I hold both SPRE and SPY?
SPRE and SPY have a monthly-return correlation of 0.81, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between SPRE and SPY?
47.5% of SPRE's money is in holdings SPY also owns. 0.7% of SPY's is in holdings SPRE also owns. They hold 5 positions in common, counted across the 23 positions we hold weights for in SPRE and 504 in SPY.
Which pays a higher dividend, SPRE or SPY?
SPRE yields 2.19% while SPY yields 1.01%, so SPRE currently pays the higher dividend yield.
Is SPY better than SPRE?
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 79.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.