SPY vs TSLW
State Street SPDR S&P 500 ETF Trust vs Roundhill TSLA WeeklyPay ETF
Which is better, SPY or TSLW?
SPY has been ahead.
SPY has a lower expense ratio. SPY led over 1Y and the full window.
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 | TSLW |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.99% |
| AUM | $804.7B | $73M |
| Dividend Yield | 0.98% | 96.88% |
| Holdings | 505 | 5 |
| YTD Return | +11.52%Best | -37.06% |
| 1Y Return | +17.48%Best | -18.81% |
| 3Y Return (annualized) | +20.62% | - |
| 5Y Return (annualized) | +12.73% | - |
| Volatility (annualized) | 13.2%Best | 58.1% |
| Max Drawdown | -18.8%Best | -54.3% |
| $10,000 over 1.6 years | $12,659Best | $9,053 |
| Fund Family | State Street Investment Management | Roundhill Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jan 22, 1993 | Feb 19, 2025 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.6 years row, are measured over the window both funds cover: Feb 19, 2025 to Sep 10, 2026 (1.6 years).
SPY vs TSLW 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 1.6 years both funds cover.
SPY vs TSLW Performance
State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and Roundhill TSLA WeeklyPay ETF (TSLW) is an ETF from Roundhill Investments. Over the past year SPY returned +17.48% while TSLW returned -18.81%. Year to date, SPY is up 11.52% versus a loss of 37.06% for TSLW.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TSLW has been the more volatile fund, with annualized monthly volatility of 58.1% compared with 13.2% 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 -18.8% for SPY and -54.3% for TSLW. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.44. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SPY charges 0.09% per year while TSLW charges 0.99%. On a $10,000 position that is $9 vs $99 annually, a gap of $90 per year that compounds over a long holding period. On income, SPY currently yields 0.98% against 96.88% for TSLW.
Holdings Overlap
At least 1.4% of SPY's money is in holdings TSLW also owns.
Stated as a floor: for TSLW, our book for it covers 26.1% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
SPY and TSLW share little of their money.
1 positions in common, counted across the 504 positions we hold weights for in SPY and 2 in TSLW, against full books of 505 and 5.
Top Shared Holdings
| Stock | Weight in SPY | Weight in TSLW | Difference |
|---|---|---|---|
| TSLATesla Inc | 1.38% | 17.48% | 16.10% |
You are not choosing between two funds in isolation.
Whichever of SPY and TSLW you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SPY or TSLW?
SPY has an expense ratio of 0.09% while TSLW charges 0.99%. SPY is the cheaper option, by $90 a year on a $10,000 investment.
Which performed better, SPY or TSLW?
Over the past year SPY returned +17.48% vs -18.81% for TSLW, so SPY leads on 1-year performance. Over the longest common window we track (2 years), SPY annualized +15.88% vs -6.03% for TSLW. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SPY or TSLW?
TSLW has been the more volatile fund at 58.1% annualized versus 13.2% for SPY. Worst drawdown: SPY -18.8% vs TSLW -54.3%.
Should I hold both SPY and TSLW?
SPY and TSLW have a monthly-return correlation of 0.44, 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 TSLW?
At least 1.4% of SPY's money is in holdings TSLW also owns. Our book for TSLW is partial, so the real figure is this or higher. They hold 1 positions in common, counted across the 504 positions we hold weights for in SPY and 2 in TSLW.
Which pays a higher dividend, SPY or TSLW?
SPY yields 0.98% while TSLW yields 96.88%, so TSLW currently pays the higher dividend yield.
Is TSLW better than SPY?
SPY has a lower expense ratio. SPY led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.