SPY vs TKNQ
State Street SPDR S&P 500 ETF Trust vs Amplify Tokenization Technology Leaders ETF
Which is better, SPY or TKNQ?
Large Cap Blend against Multi Alternative.
SPY has a lower expense ratio. SPY led over 1Y.
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 | TKNQ |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.69% |
| AUM | $777.9B | $1M |
| Dividend Yield | 1.00% | 0.00% |
| Holdings | 1,011 | 133 |
| YTD Return | +10.63%Best | -14.11% |
| 1Y Return | +11.24%Best | -13.20% |
| 3Y Return (annualized) | +20.94% | - |
| 5Y Return (annualized) | +11.58% | - |
| Fund Family | State Street Investment Management | Amplify ETFs |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Multi Alternative |
| Inception | Jan 22, 1993 | Dec 23, 2025 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
SPY vs TKNQ 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
SPY vs TKNQ Performance
State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and Amplify Tokenization Technology Leaders ETF (TKNQ) is an ETF from Amplify ETFs. Over the past year SPY returned +11.24% while TKNQ returned -13.20%. Year to date, SPY is up 10.63% versus a loss of 14.11% for TKNQ.
Past performance does not guarantee future results.
Fees and Cost Over Time
SPY charges 0.09% per year while TKNQ charges 0.69%. On a $10,000 position that is $9 vs $69 annually, a gap of $60 per year that compounds over a long holding period. On income, SPY currently yields 1.00% against 0.00% for TKNQ.
Holdings Overlap
At least 13.6% of SPY's money is in holdings TKNQ also owns.
Stated as a floor: for TKNQ, our book for it covers 61.8% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
SPY and TKNQ share little of their money.
23 positions in common, counted across the 504 positions we hold weights for in SPY and 62 in TKNQ, against full books of 1,011 and 133.
Top Shared Holdings
| Stock | Weight in SPY | Weight in TKNQ | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 5.96% | 0.96% | 5.00% |
| GOOGLAlphabet Inc | 3.07% | 0.83% | 2.24% |
| JPMJpmorgan Chase | 1.34% | 0.79% | 0.55% |
| BLKBlackrock Inc Cl A Com | 0.23% | 0.99% | 0.76% |
| BACBank of America Corp.: Financials | 0.50% | 0.66% | 0.16% |
| WFCWells Fargo & Co. | 0.37% | 0.73% | 0.36% |
| IBMIbm | 0.32% | 0.76% | 0.44% |
| AXPAmerican Express Co. | 0.24% | 0.83% | 0.59% |
| CCitigroup Inc. | 0.31% | 0.73% | 0.42% |
| CMECme Group Inc. | 0.15% | 0.85% | 0.70% |
You are not choosing between two funds in isolation.
Whichever of SPY and TKNQ 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 TKNQ?
SPY has an expense ratio of 0.09% while TKNQ charges 0.69%. SPY is the cheaper option, by $60 a year on a $10,000 investment.
Which performed better, SPY or TKNQ?
Over the past year SPY returned +11.24% vs -13.20% for TKNQ, so SPY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
What is the holdings overlap between SPY and TKNQ?
At least 13.6% of SPY's money is in holdings TKNQ also owns. Our book for TKNQ is partial, so the real figure is this or higher. They hold 23 positions in common, counted across the 504 positions we hold weights for in SPY and 62 in TKNQ.
Which pays a higher dividend, SPY or TKNQ?
SPY yields 1.00% while TKNQ yields 0.00%, so SPY currently pays the higher dividend yield.
Is TKNQ better than SPY?
SPY has a lower expense ratio. SPY led over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.