SPY vs TPRY
State Street SPDR S&P 500 ETF Trust vs VistaShares Target 15 TEPRTantrum Contrarian Distribution ETF
Which is better, SPY or TPRY?
SPY costs less.
SPY has a lower expense ratio. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 68.5%.
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 | TPRY |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.95% |
| AUM | $804.7B | $4M |
| Dividend Yield | 0.98% | 7.88% |
| Holdings | 505 | 63 |
| YTD Return | +12.89%Best | +4.31% |
| 1Y Return | +17.01% | - |
| 3Y Return (annualized) | +22.46% | - |
| 5Y Return (annualized) | +13.01% | - |
| Top 10 Weight | 37.8%Best | 68.5% |
| Fund Family | State Street Investment Management | VistaShares |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jan 22, 1993 | Feb 26, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
SPY vs TPRY 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 TPRY Performance
State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and VistaShares Target 15 TEPRTantrum Contrarian Distribution ETF (TPRY) is an ETF from VistaShares. Year to date, SPY is up 12.89% versus a gain of 4.31% for TPRY.
Past performance does not guarantee future results.
Fees and Cost Over Time
SPY charges 0.09% per year while TPRY charges 0.95%. On a $10,000 position that is $9 vs $95 annually, a gap of $86 per year that compounds over a long holding period. On income, SPY currently yields 0.98% against 7.88% for TPRY.
Holdings Overlap
30.2% of SPY's money is in holdings TPRY also owns. 74.8% of TPRY's money is in holdings SPY also owns.
Most of TPRY is already inside SPY. Owning both mostly buys the same companies twice.
14 positions in common, counted across the 504 positions we hold weights for in SPY and 21 in TPRY, against full books of 505 and 63.
What only one of them owns
Our book lists 3 positions for TPRY that do not appear in our book for SPY (7.2% of the fund), and 483 for SPY that do not appear in TPRY (69.2%).
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.
Top Shared Holdings
| Stock | Weight in SPY | Weight in TPRY | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 3.79% | 12.28% | 8.49% |
| MUMicron Technology, Inc. | 1.60% | 12.87% | 11.27% |
| NVDANvidia Corp | 8.01% | 4.42% | 3.59% |
| AAPLApple, Inc | 7.26% | 4.54% | 2.72% |
| GOOGAlphabet Inc | 2.39% | 6.54% | 4.15% |
| METAMeta Platforms Inc | 1.93% | 4.82% | 2.89% |
| UBERUber Technologies Inc | 0.23% | 5.46% | 5.23% |
| VSTVistra Energy Corp. | 0.07% | 4.73% | 4.66% |
| LRCXLrcx Uw Equity | 0.55% | 4.23% | 3.68% |
| BABoeing Co | 0.25% | 4.48% | 4.23% |
74.8% of TPRY 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 TPRY?
SPY has an expense ratio of 0.09% while TPRY charges 0.95%. SPY is the cheaper option, by $86 a year on a $10,000 investment.
What is the holdings overlap between SPY and TPRY?
74.8% of TPRY's money is in holdings SPY also owns. 74.8% of TPRY's is in holdings SPY also owns. They hold 14 positions in common, counted across the 504 positions we hold weights for in SPY and 21 in TPRY.
Which pays a higher dividend, SPY or TPRY?
SPY yields 0.98% while TPRY yields 7.88%, so TPRY currently pays the higher dividend yield.
Is TPRY better than SPY?
SPY has a lower expense ratio. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 68.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.