SPY vs TPUT

SPY vs TPUT
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Quick Verdict

SPY has a lower expense ratio. SPY offers more diversification with 505 holdings.

Lower Fees: SPYHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricSPYTPUTWinner
Expense Ratio0.09%0.25%
AUM$821.1B$28M
Dividend Yield1.01%0.73%
Holdings5050
YTD Return+13.17%+1.34%
1Y Return+21.53%-
3Y Return (annualized)+22.06%-
5Y Return (annualized)+13.35%-
Volatility (annualized)15.3%-
Max Drawdown-56.5%-0.2%
Fund FamilyState Street Investment ManagementT.Rowe Price
CategoryEquityEquity
InceptionJan 22, 1993Jun 10, 2026

SPY vs TPUT Performance

State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management and T. Rowe Price Capital Appreciation Market Opportunities ETF (TPUT) is a ETF from T.Rowe Price. Year to date, SPY is up 13.17% versus a gain of 1.34% for TPUT.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -56.5% for SPY and -0.2% for TPUT. 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 TPUT charges 0.25%. On a $10,000 position that is $9 vs $25 annually, a gap of $16 per year that compounds over a long holding period. On income, SPY currently yields 1.01% against 0.73% for TPUT.

Frequently Asked Questions

Which is cheaper, SPY or TPUT?

SPY has an expense ratio of 0.09% while TPUT charges 0.25%. SPY is the cheaper option. On a $10,000 investment, that is $16 per year of difference.

Which pays a higher dividend, SPY or TPUT?

SPY yields 1.01% while TPUT yields 0.73%, so SPY currently pays the higher dividend yield.

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