SPY vs THTA
State Street SPDR S&P 500 ETF Trust vs SoFi Enhanced Yield ETF
Which is better, SPY or THTA?
Large Cap Blend against Long Term High Quality.
SPY has a lower expense ratio. SPY led over 1Y 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 | THTA |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.65% |
| AUM | $804.7B | $59M |
| Dividend Yield | 0.98% | 10.77% |
| Holdings | 505 | 9 |
| YTD Return | +12.99%Best | +10.96% |
| 1Y Return | +16.73%Best | +15.38% |
| 3Y Return (annualized) | +22.52% | - |
| 5Y Return (annualized) | +13.07% | - |
| Volatility (annualized) | 11.7%Best | 13.3% |
| Max Drawdown | -18.8%Best | -31.4% |
| $10,000 over 2.9 years | $17,818Best | $10,700 |
| Fund Family | State Street Investment Management | SoFi |
| Category | Equity | Fixed Income |
| Style | Large Cap Blend | Long Term High Quality |
| Inception | Jan 22, 1993 | Nov 15, 2023 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Nov 15, 2023 to Sep 23, 2026 (2.9 years).
SPY vs THTA 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 2.9 years both funds cover.
SPY vs THTA Performance
State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and SoFi Enhanced Yield ETF (THTA) is an ETF from SoFi. Over the past year SPY returned +16.73% while THTA returned +15.38%. Year to date, SPY is up 12.99% versus a gain of 10.96% for THTA.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
THTA has been the more volatile fund, with annualized monthly volatility of 13.3% compared with 11.7% 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 -31.4% for THTA. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.18. They move largely independently of each other.
Fees and Cost Over Time
SPY charges 0.09% per year while THTA charges 0.65%. On a $10,000 position that is $9 vs $65 annually, a gap of $56 per year that compounds over a long holding period. On income, SPY currently yields 0.98% against 10.77% for THTA.
Holdings Overlap
We hold position weights for 504 holdings in SPY and 2 in THTA, totalling 99.9% and 21.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 504 positions we hold weights for in SPY and 2 in THTA, against full books of 505 and 9.
You are not choosing between two funds in isolation.
Whichever of SPY and THTA 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 THTA?
SPY has an expense ratio of 0.09% while THTA charges 0.65%. SPY is the cheaper option, by $56 a year on a $10,000 investment.
Which performed better, SPY or THTA?
Over the past year SPY returned +16.73% vs +15.38% for THTA, so SPY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SPY or THTA?
THTA has been the more volatile fund at 13.3% annualized versus 11.7% for SPY. Worst drawdown: SPY -18.8% vs THTA -31.4%.
Should I hold both SPY and THTA?
SPY and THTA have a monthly-return correlation of 0.18, 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 THTA?
SPY yields 0.98% while THTA yields 10.77%, so THTA currently pays the higher dividend yield.
Is THTA better than SPY?
SPY has a lower expense ratio. SPY led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.