SPY vs STXD
State Street SPDR S&P 500 ETF Trust vs Strive 1000 Dividend Growth ETF
Which is better, SPY or STXD?
Large Cap Blend against Large Cap Value.
SPY has a lower expense ratio. SPY led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.90. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 38.8%.
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 | SPY | STXD |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.35% |
| AUM | $804.7B | $66M |
| Dividend Yield | 0.98% | 1.11% |
| Holdings | 505 | 181 |
| YTD Return | +13.51%Best | +5.57% |
| 1Y Return | +18.19%Best | +9.22% |
| 3Y Return (annualized) | +23.29%Best | +15.68% |
| 5Y Return (annualized) | +13.21% | - |
| Volatility (annualized) | 12.9% | 10.9%Best |
| Max Drawdown | -18.8% | -14.9%Best |
| $10,000 over 3.9 years | $20,441Best | $16,129 |
| Top 10 Weight | 37.8%Best | 38.8% |
| Fund Family | State Street Investment Management | Strive Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Jan 22, 1993 | Nov 10, 2022 |
Volatility and max drawdown, and the $10,000 over 3.9 years row, are measured over the window both funds cover: Nov 11, 2022 to Sep 25, 2026 (3.9 years).
SPY vs STXD 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 3.9 years both funds cover.
SPY vs STXD Performance
State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and Strive 1000 Dividend Growth ETF (STXD) is an ETF from Strive Asset Management. Over the past year SPY returned +18.19% while STXD returned +9.22%. Year to date, SPY is up 13.51% versus a gain of 5.57% for STXD.
Over three years, SPY compounded at +23.29% per year against +15.68% for STXD. Across the full 4-year window we track, SPY has the edge at +20.12% annualized vs +13.04%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 12.9% compared with 10.9% for STXD. 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 -18.8% for SPY and -14.9% for STXD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
SPY charges 0.09% per year while STXD charges 0.35%. On a $10,000 position that is $9 vs $35 annually, a gap of $26 per year that compounds over a long holding period. On income, SPY currently yields 0.98% against 1.11% for STXD.
Holdings Overlap
27.9% of SPY's money is in holdings STXD also owns. 95.1% of STXD's money is in holdings SPY also owns.
Most of STXD is already inside SPY. Owning both mostly buys the same companies twice.
123 positions in common, counted across the 504 positions we hold weights for in SPY and 180 in STXD, against full books of 505 and 181.
What only one of them owns
Our book lists 55 positions for STXD that do not appear in our book for SPY (4.7% of the fund), and 375 for SPY that do not appear in STXD (71.4%).
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.
Top Shared Holdings
| Stock | Weight in SPY | Weight in STXD | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 5.66% | 6.77% | 1.11% |
| AVGOBroadcom Inc | 2.66% | 4.63% | 1.97% |
| JPMJpmorgan Chase | 1.45% | 5.27% | 3.82% |
| LLYEli Lilly & Co. | 1.40% | 5.14% | 3.74% |
| VVisa Inc Class A | 0.94% | 4.15% | 3.21% |
| MAMastercard Inc | 0.71% | 2.98% | 2.27% |
| COSTCostco Wholesale Corp. | 0.63% | 2.76% | 2.13% |
| LRCXLam Research Corp | 0.55% | 2.49% | 1.94% |
| AMATApplied Materials, Inc. | 0.53% | 2.40% | 1.87% |
| HDHome Depot Inc/The | 0.48% | 2.16% | 1.68% |
95.1% of STXD 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, SPY or STXD?
SPY has an expense ratio of 0.09% while STXD charges 0.35%. SPY is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, SPY or STXD?
Over the past year SPY returned +18.19% vs +9.22% for STXD, so SPY leads on 1-year performance. Over the longest common window we track (4 years), SPY annualized +20.12% vs +13.04% for STXD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SPY or STXD?
SPY has been the more volatile fund at 12.9% annualized versus 10.9% for STXD. Worst drawdown: SPY -18.8% vs STXD -14.9%.
Should I hold both SPY and STXD?
SPY and STXD have a monthly-return correlation of 0.90, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between SPY and STXD?
95.1% of STXD's money is in holdings SPY also owns. 95.1% of STXD's is in holdings SPY also owns. They hold 123 positions in common, counted across the 504 positions we hold weights for in SPY and 180 in STXD.
Which pays a higher dividend, SPY or STXD?
SPY yields 0.98% while STXD yields 1.11%, so STXD currently pays the higher dividend yield.
Is STXD better than SPY?
SPY has a lower expense ratio. SPY led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.90. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 38.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.