SPY vs TCHP
SPY vs TCHP
State Street SPDR S&P 500 ETF Trust vs T. Rowe Price Blue Chip Growth ETF
Quick Verdict
SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | SPY | TCHP | Winner |
|---|---|---|---|
| Expense Ratio | 0.09% | 0.57% | |
| AUM | $789.1B | $2.1B | |
| Dividend Yield | 1.01% | 0.00% | |
| Holdings | 505 | 57 | |
| YTD Return | +13.79% | +3.95% | |
| 1Y Return | +23.66% | +10.18% | |
| 3Y Return (annualized) | +21.40% | +22.37% | |
| 5Y Return (annualized) | +13.37% | +9.38% | |
| Volatility (annualized) | 15.3% | 20.0% | |
| Max Drawdown | -56.5% | -42.3% | |
| Fund Family | State Street Investment Management | T.Rowe Price | |
| Category | Equity | Equity | |
| Inception | Jan 22, 1993 | Aug 4, 2020 |
SPY vs TCHP Performance
State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management and T. Rowe Price Blue Chip Growth ETF (TCHP) is a ETF from T.Rowe Price. Over the past year SPY returned +23.66% while TCHP returned +10.18%. Year to date, SPY is up 13.79% versus a gain of 3.95% for TCHP.
Over three years, SPY compounded at +21.40% per year against +22.37% for TCHP; over five years the annualized figures are +13.37% and +9.38% respectively. Across the full 6-year window we track, TCHP has the edge at +12.65% annualized vs +8.85%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TCHP has been the more volatile fund, with annualized monthly volatility of 20.0% compared with 15.3% 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 -56.5% for SPY and -42.3% for TCHP. 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 0.91. 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 TCHP charges 0.57%. On a $10,000 position that is $9 vs $57 annually, a gap of $48 per year that compounds over a long holding period. On income, SPY currently yields 1.01% against 0.00% for TCHP.
Holdings Overlap
SPY and TCHP share 51 holdings out of 508 unique holdings combined, representing a 43.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in SPY | Weight in TCHP | Difference |
|---|---|---|---|
| NVDA | 7.31% | 15.17% | 7.86% |
| AAPL | 7.09% | 9.51% | 2.42% |
| MSFT | 4.43% | 10.26% | 5.83% |
| AMZN | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
| LLY | Pro | Pro | Pro |
| V | Pro | Pro | Pro |
See all 10 holdings SPY shares with TCHP Exact weights in each fund and the difference, for every overlapping position. X-ray my whole portfolio$99/yr Pro · 7-day refund | |||
Frequently Asked Questions
Which is cheaper, SPY or TCHP?
SPY has an expense ratio of 0.09% while TCHP charges 0.57%. SPY is the cheaper option. On a $10,000 investment, that is $48 per year of difference.
Which performed better, SPY or TCHP?
Over the past year SPY returned +23.66% vs +10.18% for TCHP, so SPY leads on 1-year performance. Over the longest common window we track (6 years), SPY annualized +8.85% vs +12.65% for TCHP. Past performance does not guarantee future results.
Which is riskier, SPY or TCHP?
TCHP has been the more volatile fund at 20.0% annualized versus 15.3% for SPY. Worst drawdown: SPY -56.5% vs TCHP -42.3%.
Should I hold both SPY and TCHP?
SPY and TCHP have a monthly-return correlation of 0.91, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between SPY and TCHP?
SPY and TCHP share 51 common holdings with a 43.8% weight overlap. Combined, they hold 508 unique securities.
Which pays a higher dividend, SPY or TCHP?
SPY yields 1.01% while TCHP yields 0.00%, so SPY currently pays the higher dividend yield.
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