SPY vs TRUT
State Street SPDR S&P 500 ETF Trust vs VanEck Technology TruSector ETF
Which is better, SPY or TRUT?
TRUT has been ahead.
SPY has a lower expense ratio. TRUT led over 1Y and the full window. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 87.9%.
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 | TRUT |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.14% |
| AUM | $814.4B | $167M |
| Dividend Yield | 1.01% | 0.33% |
| Holdings | 505 | 76 |
| YTD Return | +13.34% | +22.44%Best |
| 1Y Return | +19.97% | +32.45%Best |
| 3Y Return (annualized) | +21.20% | - |
| 5Y Return (annualized) | +12.81% | - |
| Volatility (annualized) | 12.7%Best | 26.2% |
| Max Drawdown | -8.9%Best | -18.6% |
| $10,000 over 1 years | $12,163 | $13,330Best |
| Top 10 Weight | 38.0%Best | 87.9% |
| Fund Family | State Street Investment Management | VanEck |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jan 22, 1993 | Aug 20, 2025 |
Volatility and max drawdown, and the $10,000 over 1 years row, are measured over the window both funds cover: Aug 21, 2025 to Sep 4, 2026 (1 years).
SPY vs TRUT 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 covers the 1 years both funds cover.
SPY vs TRUT Performance
State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and VanEck Technology TruSector ETF (TRUT) is an ETF from VanEck. Over the past year SPY returned +19.97% while TRUT returned +32.45%. Year to date, SPY is up 13.34% versus a gain of 22.44% for TRUT.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TRUT has been the more volatile fund, with annualized monthly volatility of 26.2% compared with 12.7% for SPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -8.9% for SPY and -18.6% for TRUT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SPY charges 0.09% per year while TRUT charges 0.14%. On a $10,000 position that is $9 vs $14 annually, a gap of $5 per year that compounds over a long holding period. On income, SPY currently yields 1.01% against 0.33% for TRUT.
Holdings Overlap
37.4% of SPY's money is in holdings TRUT also owns. 67.1% of TRUT's money is in holdings SPY also owns.
The two portfolios partly overlap.
72 positions in common, counted across the 504 positions we hold weights for in SPY and 75 in TRUT, against full books of 505 and 76.
What only one of them owns
Our book lists 2 positions for TRUT that do not appear in our book for SPY (32.7% of the fund), and 424 for SPY that do not appear in TRUT (62.1%).
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 TRUT | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 7.71% | 16.54% | 8.83% |
| AAPLApple, Inc | 6.83% | 14.23% | 7.40% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.50% | 11.28% | 5.78% |
| AVGOBroadcom Inc | 2.97% | 6.17% | 3.20% |
| MUMicron Technology, Inc. | 1.51% | 2.79% | 1.28% |
| AMDAdvanced Micro Devices Inc | 1.27% | 1.82% | 0.55% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.72% | 0.91% | 0.19% |
| INTCIntel Corporation | 0.72% | 0.90% | 0.18% |
| AMATApplied Materials, Inc. | 0.65% | 0.79% | 0.14% |
| LRCXLam Research Corp | 0.60% | 0.73% | 0.13% |
67.1% of TRUT 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 TRUT?
SPY has an expense ratio of 0.09% while TRUT charges 0.14%. SPY is the cheaper option, by $5 a year on a $10,000 investment.
Which performed better, SPY or TRUT?
Over the past year SPY returned +19.97% vs +32.45% for TRUT, so TRUT leads on 1-year performance. Over the longest common window we track (1 years), SPY annualized +21.63% vs +33.30% for TRUT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SPY or TRUT?
TRUT has been the more volatile fund at 26.2% annualized versus 12.7% for SPY. Worst drawdown: SPY -8.9% vs TRUT -18.6%.
Should I hold both SPY and TRUT?
SPY and TRUT have a monthly-return correlation of 0.89, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between SPY and TRUT?
67.1% of TRUT's money is in holdings SPY also owns. 67.1% of TRUT's is in holdings SPY also owns. They hold 72 positions in common, counted across the 504 positions we hold weights for in SPY and 75 in TRUT.
Which pays a higher dividend, SPY or TRUT?
SPY yields 1.01% while TRUT yields 0.33%, so SPY currently pays the higher dividend yield.
Is TRUT better than SPY?
SPY has a lower expense ratio. TRUT led over 1Y and the full window. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 87.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.