SPY vs TRBF
State Street SPDR S&P 500 ETF Trust vs Angel Oak Total Return ETF
Quick Verdict
SPY has a lower expense ratio. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | SPY | TRBF | Winner |
|---|---|---|---|
| Expense Ratio | 0.09% | 0.44% | |
| AUM | $821.1B | $43M | |
| Dividend Yield | 1.01% | 4.03% | |
| Holdings | 505 | 298 | |
| YTD Return | +12.68% | +0.57% | |
| 1Y Return | +21.82% | - | |
| 3Y Return (annualized) | +21.98% | - | |
| 5Y Return (annualized) | +12.89% | - | |
| Volatility (annualized) | 15.3% | - | |
| Max Drawdown | -56.5% | -2.6% | |
| Fund Family | State Street Investment Management | Angel Oak Capital Advisors | |
| Category | Equity | Fixed Income | |
| Inception | Jan 22, 1993 | Oct 7, 2025 |
SPY vs TRBF Performance
State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management and Angel Oak Total Return ETF (TRBF) is a ETF from Angel Oak Capital Advisors. Year to date, SPY is up 12.68% versus a gain of 0.57% for TRBF.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -56.5% for SPY and -2.6% for TRBF. 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 TRBF charges 0.44%. On a $10,000 position that is $9 vs $44 annually, a gap of $35 per year that compounds over a long holding period. On income, SPY currently yields 1.01% against 4.03% for TRBF.
Holdings Overlap
SPY and TRBF share 0 holdings out of 723 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, SPY or TRBF?
SPY has an expense ratio of 0.09% while TRBF charges 0.44%. SPY is the cheaper option. On a $10,000 investment, that is $35 per year of difference.
What is the holdings overlap between SPY and TRBF?
SPY and TRBF share 0 common holdings with a 0.0% weight overlap. Combined, they hold 723 unique securities.
Which pays a higher dividend, SPY or TRBF?
SPY yields 1.01% while TRBF yields 4.03%, so TRBF currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.