SPY vs TLIE
State Street SPDR S&P 500 ETF Trust vs American Beacon The London Company Income Equity ETF
Which is better, SPY or TLIE?
Large Cap Blend against Large Cap Value.
SPY has a lower expense ratio. SPY is less concentrated, with 38.2% of the fund in its ten largest positions against 46.2%.
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 | TLIE |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.67% |
| AUM | $823.2B | - |
| Dividend Yield | 0.99% | 0.00% |
| Holdings | 1,515 | 31 |
| YTD Return | +11.48%Best | +4.62% |
| 1Y Return | +12.36% | - |
| 3Y Return (annualized) | +23.30% | - |
| 5Y Return (annualized) | +11.94% | - |
| Top 10 Weight | 38.2%Best | 46.2% |
| Fund Family | State Street Investment Management | American Beacon Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Jan 22, 1993 | Sep 23, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
SPY vs TLIE 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 TLIE Performance
State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and American Beacon The London Company Income Equity ETF (TLIE) is an ETF from American Beacon Funds. Year to date, SPY is up 11.48% versus a gain of 4.62% for TLIE.
Past performance does not guarantee future results.
Fees and Cost Over Time
SPY charges 0.09% per year while TLIE charges 0.67%. On a $10,000 position that is $9 vs $67 annually, a gap of $58 per year that compounds over a long holding period. On income, SPY currently yields 0.99% against 0.00% for TLIE.
Holdings Overlap
20.6% of SPY's money is in holdings TLIE also owns. 92.1% of TLIE's money is in holdings SPY also owns.
Most of TLIE is already inside SPY. Owning both mostly buys the same companies twice.
27 positions in common, counted across the 504 positions we hold weights for in SPY and 31 in TLIE, against full books of 1,515 and 31.
What only one of them owns
Measured across the 504 and 31 positions we hold weights for.
SPY holds 470 positions TLIE does not, 78.6% of the fund.
Largest: NVDA 7.78%, AMZN 3.78%, GOOGL 3.12%, GOOG 2.49%, AVGO 2.48%
Top Shared Holdings
| Stock | Weight in SPY | Weight in TLIE | Difference |
|---|---|---|---|
| AAPLApple, Inc | 7.45% | 6.27% | 1.18% |
| MSFTMicrosoft Corp | 5.71% | 3.48% | 2.23% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 1.44% | 4.30% | 2.86% |
| PMPhilip Morris International Inc. | 0.46% | 4.80% | 4.34% |
| JNJJohnson & Johnson - Common | 0.98% | 4.19% | 3.21% |
| GLWCorning Inc. | 0.17% | 4.97% | 4.80% |
| NSCNorfolk Southern Corp | 0.11% | 4.88% | 4.77% |
| TXNTexas Instrument Inc | 0.36% | 4.48% | 4.12% |
| CVXChevron Corp | 0.60% | 4.13% | 3.53% |
| DDominion Energy Inc. | 0.09% | 4.32% | 4.23% |
92.1% of TLIE 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 TLIE?
SPY has an expense ratio of 0.09% while TLIE charges 0.67%. SPY is the cheaper option, by $58 a year on a $10,000 investment.
What is the holdings overlap between SPY and TLIE?
92.1% of TLIE's money is in holdings SPY also owns. 92.1% of TLIE's is in holdings SPY also owns. They hold 27 positions in common, counted across the 504 positions we hold weights for in SPY and 31 in TLIE.
Which pays a higher dividend, SPY or TLIE?
SPY yields 0.99% while TLIE yields 0.00%, so SPY currently pays the higher dividend yield.
Is TLIE better than SPY?
SPY has a lower expense ratio. SPY is less concentrated, with 38.2% of the fund in its ten largest positions against 46.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.