SPY vs TLA

Quick Verdict

SPY has a lower expense ratio. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricSPYTLAWinner
Expense Ratio0.09%1.07%
AUM$789.1B$3M
Dividend Yield1.01%6.38%
Holdings5050
YTD Return+14.47%+3.01%
1Y Return+21.96%-
3Y Return (annualized)+21.70%-
5Y Return (annualized)+13.30%-
Volatility (annualized)15.3%-
Max Drawdown-56.5%-11.8%
Fund FamilyState Street Investment ManagementGraniteShares
CategoryEquityAlternative
InceptionJan 22, 1993Feb 3, 2026

SPY vs TLA Performance

State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management and GraniteShares Autocallable TSLA ETF (TLA) is a ETF from GraniteShares. Year to date, SPY is up 14.47% versus a gain of 3.01% for TLA.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -56.5% for SPY and -11.8% for TLA. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

SPY charges 0.09% per year while TLA charges 1.07%. On a $10,000 position that is $9 vs $107 annually, a gap of $98 per year that compounds over a long holding period. On income, SPY currently yields 1.01% against 6.38% for TLA.

Frequently Asked Questions

Which is cheaper, SPY or TLA?

SPY has an expense ratio of 0.09% while TLA charges 1.07%. SPY is the cheaper option. On a $10,000 investment, that is $98 per year of difference.

Which pays a higher dividend, SPY or TLA?

SPY yields 1.01% while TLA yields 6.38%, so TLA currently pays the higher dividend yield.

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