SPXD vs SPY
SPXD vs SPY
Xtrackers S&P 500 Diversified Sector Weight ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPXD has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | SPXD | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.09% | 0.09% | |
| AUM | $7M | $789.1B | |
| Dividend Yield | 1.40% | 1.01% | |
| Holdings | 505 | 505 | |
| YTD Return | +14.68% | +13.79% | |
| 1Y Return | +22.80% | +23.66% | |
| 3Y Return (annualized) | - | +21.40% | |
| 5Y Return (annualized) | - | +13.37% | |
| Volatility (annualized) | 9.6% | 15.3% | |
| Max Drawdown | -7.5% | -56.5% | |
| Fund Family | Xtrackers ETFs | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Jul 23, 2025 | Jan 22, 1993 |
SPXD vs SPY Performance
Xtrackers S&P 500 Diversified Sector Weight ETF (SPXD) 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 SPXD returned +22.80% while SPY returned +23.66%. Year to date, SPXD is up 14.68% versus a gain of 13.79% for SPY.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 9.6% for SPXD. 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 -7.5% for SPXD 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 0.68. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SPXD charges 0.09% per year while SPY charges 0.09%. On a $10,000 position that is $9 vs $9 annually, a gap of $0 per year that compounds over a long holding period. On income, SPXD currently yields 1.40% against 1.01% for SPY.
Holdings Overlap
SPXD and SPY share 488 holdings out of 517 unique holdings combined, representing a 47.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in SPXD | Weight in SPY | Difference |
|---|---|---|---|
| AAPL | 1.04% | 7.09% | 6.05% |
| NVDA | 0.26% | 7.31% | 7.05% |
| MSFT | 0.88% | 4.43% | 3.55% |
| BRK.B | Pro | Pro | Pro |
| AMZN | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| JPM:US | Pro | Pro | Pro |
See all 10 holdings SPXD shares with SPY Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, SPXD or SPY?
SPXD has an expense ratio of 0.09% while SPY charges 0.09%. SPXD is the cheaper option. On a $10,000 investment, that is $0 per year of difference.
Which performed better, SPXD or SPY?
Over the past year SPXD returned +22.80% vs +23.66% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (1 years), SPXD annualized +20.21% vs +8.85% for SPY. Past performance does not guarantee future results.
Which is riskier, SPXD or SPY?
SPY has been the more volatile fund at 15.3% annualized versus 9.6% for SPXD. Worst drawdown: SPXD -7.5% vs SPY -56.5%.
Should I hold both SPXD and SPY?
SPXD and SPY have a monthly-return correlation of 0.68, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SPXD and SPY?
SPXD and SPY share 488 common holdings with a 47.5% weight overlap. Combined, they hold 517 unique securities.
Which pays a higher dividend, SPXD or SPY?
SPXD yields 1.40% while SPY yields 1.01%, so SPXD currently pays the higher dividend yield.
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