SPY vs TIIV
State Street SPDR S&P 500 ETF Trust vs AAM Todd International Intrinsic Value ETF
Which is better, SPY or TIIV?
Large Cap Blend against Large Cap Value.
SPY has a lower expense ratio. TIIV led over 1Y and the full window. TIIV is less concentrated, with 23.1% of the fund in its ten largest positions against 38.0%.
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 | TIIV |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.54% |
| AUM | $804.7B | $33M |
| Dividend Yield | 0.98% | 3.12% |
| Holdings | 505 | 68 |
| YTD Return | +12.47% | +13.40%Best |
| 1Y Return | +17.51% | +21.06%Best |
| 3Y Return (annualized) | +21.18% | - |
| 5Y Return (annualized) | +12.88% | - |
| Volatility (annualized) | 12.3% | 11.2%Best |
| Max Drawdown | -8.9%Best | -9.7% |
| $10,000 over 1.1 years | $12,066 | $12,591Best |
| Top 10 Weight | 38.0% | 23.1%Best |
| Fund Family | State Street Investment Management | Advisors Asset Management, Inc. |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Jan 22, 1993 | Jul 25, 2025 |
Volatility and max drawdown, and the $10,000 over 1.1 years row, are measured over the window both funds cover: Jul 25, 2025 to Sep 11, 2026 (1.1 years).
SPY vs TIIV 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 1.1 years both funds cover.
SPY vs TIIV Performance
State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and AAM Todd International Intrinsic Value ETF (TIIV) is an ETF from Advisors Asset Management, Inc.. Over the past year SPY returned +17.51% while TIIV returned +21.06%. Year to date, SPY is up 12.47% versus a gain of 13.40% for TIIV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 12.3% compared with 11.2% for TIIV. 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 -8.9% for SPY and -9.7% for TIIV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.48. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SPY charges 0.09% per year while TIIV charges 0.54%. On a $10,000 position that is $9 vs $54 annually, a gap of $45 per year that compounds over a long holding period. On income, SPY currently yields 0.98% against 3.12% for TIIV.
Holdings Overlap
0.3% of SPY's money is in holdings TIIV also owns. 3.5% of TIIV's money is in holdings SPY also owns.
TIIV and SPY share little of their money.
2 positions in common, counted across the 504 positions we hold weights for in SPY and 66 in TIIV, against full books of 505 and 68.
What only one of them owns
Our book lists 26 positions for TIIV that do not appear in our book for SPY (39.4% of the fund), and 492 for SPY that do not appear in TIIV (99.2%).
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.
You are not choosing between two funds in isolation.
Whichever of SPY and TIIV 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 TIIV?
SPY has an expense ratio of 0.09% while TIIV charges 0.54%. SPY is the cheaper option, by $45 a year on a $10,000 investment.
Which performed better, SPY or TIIV?
Over the past year SPY returned +17.51% vs +21.06% for TIIV, so TIIV leads on 1-year performance. Over the longest common window we track (1 years), SPY annualized +18.62% vs +23.30% for TIIV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SPY or TIIV?
SPY has been the more volatile fund at 12.3% annualized versus 11.2% for TIIV. Worst drawdown: SPY -8.9% vs TIIV -9.7%.
Should I hold both SPY and TIIV?
SPY and TIIV have a monthly-return correlation of 0.48, 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 TIIV?
3.5% of TIIV's money is in holdings SPY also owns. 3.5% of TIIV's is in holdings SPY also owns. They hold 2 positions in common, counted across the 504 positions we hold weights for in SPY and 66 in TIIV.
Which pays a higher dividend, SPY or TIIV?
SPY yields 0.98% while TIIV yields 3.12%, so TIIV currently pays the higher dividend yield.
Is TIIV better than SPY?
SPY has a lower expense ratio. TIIV led over 1Y and the full window. TIIV is less concentrated, with 23.1% of the fund in its ten largest positions against 38.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.