SPY vs TSCM

SPY vs TSCM
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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

MetricSPYTSCMWinner
Expense Ratio0.09%0.55%
AUM$821.1B$47M
Dividend Yield1.01%0.00%
Holdings50539
YTD Return+13.17%+5.27%
1Y Return+21.53%-
3Y Return (annualized)+22.06%-
5Y Return (annualized)+13.35%-
Volatility (annualized)15.3%-
Max Drawdown-56.5%-14.9%
Fund FamilyState Street Investment ManagementTimesSquare Capital Management, LLC
CategoryEquityEquity
InceptionJan 22, 1993Dec 29, 2025

SPY vs TSCM Performance

State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management and TimesSquare Quality Mid Cap Growth ETF (TSCM) is a ETF from TimesSquare Capital Management, LLC. Year to date, SPY is up 13.17% versus a gain of 5.27% for TSCM.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -56.5% for SPY and -14.9% for TSCM. 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 TSCM charges 0.55%. On a $10,000 position that is $9 vs $55 annually, a gap of $46 per year that compounds over a long holding period. On income, SPY currently yields 1.01% against 0.00% for TSCM.

Holdings Overlap

1.4%overlap

SPY and TSCM share 18 holdings out of 525 unique holdings combined, representing a 1.4% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in SPYWeight in TSCMDifference
ROST0.12%3.93%3.81%
CASY0.05%3.99%3.94%
VRT0.16%3.66%3.50%
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Frequently Asked Questions

Which is cheaper, SPY or TSCM?

SPY has an expense ratio of 0.09% while TSCM charges 0.55%. SPY is the cheaper option. On a $10,000 investment, that is $46 per year of difference.

What is the holdings overlap between SPY and TSCM?

SPY and TSCM share 18 common holdings with a 1.4% weight overlap. Combined, they hold 525 unique securities.

Which pays a higher dividend, SPY or TSCM?

SPY yields 1.01% while TSCM yields 0.00%, so SPY currently pays the higher dividend yield.

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