SPY vs THNR
State Street SPDR S&P 500 ETF Trust vs Amplify Weight Loss Drug & Treatment ETF
Which is better, SPY or THNR?
SPY has been ahead.
SPY has a lower expense ratio. SPY led over 1Y and the full window. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 61.7%.
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 | THNR |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.59% |
| AUM | $814.4B | $5M |
| Dividend Yield | 1.01% | 1.63% |
| Holdings | 505 | 22 |
| YTD Return | +12.71%Best | +3.69% |
| 1Y Return | +19.36%Best | +14.61% |
| 3Y Return (annualized) | +21.09% | - |
| 5Y Return (annualized) | +12.69% | - |
| Volatility (annualized) | 11.8%Best | 14.8% |
| Max Drawdown | -18.8%Best | -33.1% |
| $10,000 over 2.3 years | $14,805Best | $10,546 |
| Top 10 Weight | 38.0%Best | 61.7% |
| Fund Family | State Street Investment Management | Amplify ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jan 22, 1993 | May 21, 2024 |
Volatility and max drawdown, and the $10,000 over 2.3 years row, are measured over the window both funds cover: May 21, 2024 to Sep 8, 2026 (2.3 years).
SPY vs THNR 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 2.3 years both funds cover.
SPY vs THNR Performance
State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and Amplify Weight Loss Drug & Treatment ETF (THNR) is an ETF from Amplify ETFs. Over the past year SPY returned +19.36% while THNR returned +14.61%. Year to date, SPY is up 12.71% versus a gain of 3.69% for THNR.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
THNR has been the more volatile fund, with annualized monthly volatility of 14.8% compared with 11.8% 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 -18.8% for SPY and -33.1% for THNR. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.31. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SPY charges 0.09% per year while THNR charges 0.59%. On a $10,000 position that is $9 vs $59 annually, a gap of $50 per year that compounds over a long holding period. On income, SPY currently yields 1.01% against 1.63% for THNR.
Holdings Overlap
3.1% of SPY's money is in holdings THNR also owns. 34.7% of THNR's money is in holdings SPY also owns.
The two portfolios partly overlap.
6 positions in common, counted across the 503 positions we hold weights for in SPY and 21 in THNR, against full books of 505 and 22.
What only one of them owns
Our book lists 6 positions for THNR that do not appear in our book for SPY (22.7% of the fund), and 487 for SPY that do not appear in THNR (96.3%).
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.
34.7% of THNR 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 THNR?
SPY has an expense ratio of 0.09% while THNR charges 0.59%. SPY is the cheaper option, by $50 a year on a $10,000 investment.
Which performed better, SPY or THNR?
Over the past year SPY returned +19.36% vs +14.61% for THNR, so SPY leads on 1-year performance. Over the longest common window we track (2 years), SPY annualized +18.60% vs +2.34% for THNR. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SPY or THNR?
THNR has been the more volatile fund at 14.8% annualized versus 11.8% for SPY. Worst drawdown: SPY -18.8% vs THNR -33.1%.
Should I hold both SPY and THNR?
SPY and THNR have a monthly-return correlation of 0.31, 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 THNR?
34.7% of THNR's money is in holdings SPY also owns. 34.7% of THNR's is in holdings SPY also owns. They hold 6 positions in common, counted across the 503 positions we hold weights for in SPY and 21 in THNR.
Which pays a higher dividend, SPY or THNR?
SPY yields 1.01% while THNR yields 1.63%, so THNR currently pays the higher dividend yield.
Is THNR better than SPY?
SPY has a lower expense ratio. SPY led over 1Y and the full window. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 61.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.