SPY vs SUSB
State Street SPDR S&P 500 ETF Trust vs iShares ESG Aware 1-5 Year USD Corporate Bond ETF
Which is better, SPY or SUSB?
Large Cap Blend against Short Term Bond.
SPY has a lower expense ratio. SPY led over 1Y, 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 | SPY | SUSB |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.12% |
| AUM | $804.7B | $1.3B |
| Dividend Yield | 0.98% | 4.53% |
| Holdings | 505 | 1,665 |
| YTD Return | +10.96%Best | +0.13% |
| 1Y Return | +15.52%Best | +1.25% |
| 3Y Return (annualized) | +20.73%Best | +5.29% |
| 5Y Return (annualized) | +12.53%Best | +2.16% |
| Volatility (annualized) | 16.0% | 3.0%Best |
| Max Drawdown | -34.1% | -13.3%Best |
| $10,000 over 5 years | $18,044Best | $11,128 |
| Fund Family | State Street Investment Management | iShares by BlackRock (US) |
| Category | Equity | Fixed Income |
| Style | Large Cap Blend | Short Term Bond |
| Inception | Jan 22, 1993 | Jul 11, 2017 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jul 18, 2017 to Sep 16, 2026 (9.2 years).
SPY vs SUSB 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.
SPY vs SUSB Performance
State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and iShares ESG Aware 1-5 Year USD Corporate Bond ETF (SUSB) is an ETF from iShares by BlackRock (US). Over the past year SPY returned +15.52% while SUSB returned +1.25%. Year to date, SPY is up 10.96% versus a gain of 0.13% for SUSB.
Over three years, SPY compounded at +20.73% per year against +5.29% for SUSB; over five years the annualized figures are +12.53% and +2.16% respectively. Across the full 9-year window we track, SPY has the edge at +13.94% annualized vs +1.64%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 16.0% compared with 3.0% for SUSB. 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 -34.1% for SPY and -13.3% for SUSB. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.57. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SPY charges 0.09% per year while SUSB charges 0.12%. On a $10,000 position that is $9 vs $12 annually, a gap of $3 per year that compounds over a long holding period. On income, SPY currently yields 0.98% against 4.53% for SUSB.
Holdings Overlap
At least 0.1% of SPY's money is in holdings SUSB also owns.
Stated as a floor: for SUSB, our book for it covers 80.0% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 504 positions we hold weights for in SPY and 1,139 in SUSB, against full books of 505 and 1,665.
Top Shared Holdings
| Stock | Weight in SPY | Weight in SUSB | Difference |
|---|---|---|---|
| KDPKeurig Dr Pepper Inc (kdp Us) | 0.07% | 0.03% | 0.04% |
You are not choosing between two funds in isolation.
Whichever of SPY and SUSB 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, SPY or SUSB?
SPY has an expense ratio of 0.09% while SUSB charges 0.12%. SPY is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, SPY or SUSB?
Over the past year SPY returned +15.52% vs +1.25% for SUSB, so SPY leads on 1-year performance. Over the longest common window we track (9 years), SPY annualized +13.94% vs +1.64% for SUSB. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SPY or SUSB?
SPY has been the more volatile fund at 16.0% annualized versus 3.0% for SUSB. Worst drawdown: SPY -34.1% vs SUSB -13.3%.
Should I hold both SPY and SUSB?
SPY and SUSB have a monthly-return correlation of 0.57, 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, SPY or SUSB?
SPY yields 0.98% while SUSB yields 4.53%, so SUSB currently pays the higher dividend yield.
Is SUSB better than SPY?
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.