SPY vs THNQ
State Street SPDR S&P 500 ETF Trust vs Robo Global Artificial Intelligence ETF
Which is better, SPY or THNQ?
Large Cap Blend against Mid Cap Growth.
SPY has a lower expense ratio. THNQ led over 1Y, 3Y, 5Y and the full window. THNQ is less concentrated, with 24.5% of the fund in its ten largest positions against 38.2%.
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 | THNQ |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.68% |
| AUM | $811.2B | $487M |
| Dividend Yield | 0.98% | 0.14% |
| Holdings | 1,515 | 56 |
| YTD Return | +13.54% | +53.36%Best |
| 1Y Return | +16.25% | +48.48%Best |
| 3Y Return (annualized) | +23.72% | +43.92%Best |
| 5Y Return (annualized) | +13.95% | +18.93%Best |
| Volatility (annualized) | 15.3%Best | 26.6% |
| Max Drawdown | -24.5%Best | -50.6% |
| $10,000 over 5 years | $19,212 | $23,793Best |
| Top 10 Weight | 38.2% | 24.5%Best |
| Fund Family | State Street Investment Management | Robo Global |
| Category | Equity | Equity |
| Style | Large Cap Blend | Mid Cap Growth |
| Inception | Jan 22, 1993 | May 8, 2020 |
Volatility and max drawdown are measured over the window both funds cover: May 11, 2020 to Oct 2, 2026 (6.4 years).
SPY vs THNQ 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 6.4 years both funds cover.
SPY vs THNQ Performance
State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and Robo Global Artificial Intelligence ETF (THNQ) is an ETF from Robo Global. Over the past year SPY returned +16.25% while THNQ returned +48.48%. Year to date, SPY is up 13.54% versus a gain of 53.36% for THNQ.
Over three years, SPY compounded at +23.72% per year against +43.92% for THNQ; over five years the annualized figures are +13.95% and +18.93% respectively. Across the full 6-year window we track, THNQ has the edge at +23.78% annualized vs +17.74%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
THNQ has been the more volatile fund, with annualized monthly volatility of 26.6% 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 -24.5% for SPY and -50.6% for THNQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SPY charges 0.09% per year while THNQ charges 0.68%. On a $10,000 position that is $9 vs $68 annually, a gap of $59 per year that compounds over a long holding period. On income, SPY currently yields 0.98% against 0.14% for THNQ.
Holdings Overlap
28.9% of SPY's money is in holdings THNQ also owns. 44.6% of THNQ's money is in holdings SPY also owns.
The two portfolios partly overlap.
23 positions in common, counted across the 504 positions we hold weights for in SPY and 55 in THNQ, against full books of 1,515 and 56.
What only one of them owns
Our book lists 20 positions for THNQ that do not appear in our book for SPY (35.3% of the fund), and 474 for SPY that do not appear in THNQ (70.4%).
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 THNQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.78% | 2.10% | 5.68% |
| MSFTMicrosoft Corp | 5.71% | 2.14% | 3.57% |
| AMZNAmazon.Com Inc | 3.78% | 2.17% | 1.61% |
| GOOGLAlphabet Inc,class A | 3.12% | 2.01% | 1.11% |
| METAMeta Platforms Inc | 2.22% | 2.30% | 0.08% |
| AMDAdvanced Micro Devices Inc | 1.22% | 2.25% | 1.03% |
| TSLATesla Inc | 1.54% | 1.45% | 0.09% |
| PANWPalo Alto Networks, Inc | 0.46% | 2.45% | 1.99% |
| CRWDCrowdstrike Holdings Inc | 0.36% | 2.32% | 1.96% |
| ANETArista Networks Inc Common Stock | 0.30% | 2.38% | 2.08% |
44.6% of THNQ 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 THNQ?
SPY has an expense ratio of 0.09% while THNQ charges 0.68%. SPY is the cheaper option, by $59 a year on a $10,000 investment.
Which performed better, SPY or THNQ?
Over the past year SPY returned +16.25% vs +48.48% for THNQ, so THNQ leads on 1-year performance. Over the longest common window we track (6 years), SPY annualized +17.74% vs +23.78% for THNQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SPY or THNQ?
THNQ has been the more volatile fund at 26.6% annualized versus 15.3% for SPY. Worst drawdown: SPY -24.5% vs THNQ -50.6%.
Should I hold both SPY and THNQ?
SPY and THNQ have a monthly-return correlation of 0.81, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between SPY and THNQ?
44.6% of THNQ's money is in holdings SPY also owns. 44.6% of THNQ's is in holdings SPY also owns. They hold 23 positions in common, counted across the 504 positions we hold weights for in SPY and 55 in THNQ.
Which pays a higher dividend, SPY or THNQ?
SPY yields 0.98% while THNQ yields 0.14%, so SPY currently pays the higher dividend yield.
Is THNQ better than SPY?
SPY has a lower expense ratio. THNQ led over 1Y, 3Y, 5Y and the full window. THNQ is less concentrated, with 24.5% of the fund in its ten largest positions against 38.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.