SPY vs TBFC

Quick Verdict

SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: SPYMore Diversified: SPY

Side-by-Side Comparison

MetricSPYTBFCWinner
Expense Ratio0.09%0.44%
AUM$789.1B$357M
Dividend Yield1.01%2.99%
Holdings50528
YTD Return+13.75%+5.19%
1Y Return+22.91%+11.45%
3Y Return (annualized)+21.67%-
5Y Return (annualized)+13.32%-
Volatility (annualized)15.3%6.6%
Max Drawdown-56.5%-10.0%
Fund FamilyState Street Investment ManagementBrinsmere Fund
CategoryEquityAllocation/Balanced
InceptionJan 22, 1993Jan 12, 2024

SPY vs TBFC Performance

State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management and The Brinsmere Fund - Conservative ETF (TBFC) is a ETF from Brinsmere Fund. Over the past year SPY returned +22.91% while TBFC returned +11.45%. Year to date, SPY is up 13.75% versus a gain of 5.19% for TBFC.

Risk: Volatility and Drawdowns

SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 6.6% for TBFC. 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 -56.5% for SPY and -10.0% for TBFC. 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 0.83. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

SPY charges 0.09% per year while TBFC charges 0.44%. On a $10,000 position that is $9 vs $44 annually, a gap of $35 per year that compounds over a long holding period. On income, SPY currently yields 1.01% against 2.99% for TBFC.

Holdings Overlap

0.0%overlap

SPY and TBFC share 0 holdings out of 530 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, SPY or TBFC?

SPY has an expense ratio of 0.09% while TBFC charges 0.44%. SPY is the cheaper option. On a $10,000 investment, that is $35 per year of difference.

Which performed better, SPY or TBFC?

Over the past year SPY returned +22.91% vs +11.45% for TBFC, so SPY leads on 1-year performance. Over the longest common window we track (3 years), SPY annualized +8.85% vs +9.29% for TBFC. Past performance does not guarantee future results.

Which is riskier, SPY or TBFC?

SPY has been the more volatile fund at 15.3% annualized versus 6.6% for TBFC. Worst drawdown: SPY -56.5% vs TBFC -10.0%.

Should I hold both SPY and TBFC?

SPY and TBFC have a monthly-return correlation of 0.83, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between SPY and TBFC?

SPY and TBFC share 0 common holdings with a 0.0% weight overlap. Combined, they hold 530 unique securities.

Which pays a higher dividend, SPY or TBFC?

SPY yields 1.01% while TBFC yields 2.99%, so TBFC currently pays the higher dividend yield.

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