SPY vs TSYY

Quick Verdict

SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: SPYMore Diversified: SPY

Side-by-Side Comparison

MetricSPYTSYYWinner
Expense Ratio0.09%1.15%
AUM$789.1B$63M
Dividend Yield1.01%34.75%
Holdings5056
YTD Return+13.68%-20.65%
1Y Return+21.53%-15.51%
3Y Return (annualized)+21.44%-
5Y Return (annualized)+13.18%-
Volatility (annualized)15.3%28.2%
Max Drawdown-56.5%-33.0%
Fund FamilyState Street Investment ManagementGraniteShares
CategoryEquityEquity
InceptionJan 22, 1993Dec 18, 2024

SPY vs TSYY Performance

State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management and GraniteShares YieldBOOST TSLA ETF (TSYY) is a ETF from GraniteShares. Over the past year SPY returned +21.53% while TSYY returned -15.51%. Year to date, SPY is up 13.68% versus a loss of 20.65% for TSYY.

Risk: Volatility and Drawdowns

TSYY has been the more volatile fund, with annualized monthly volatility of 28.2% compared with 15.3% 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 -56.5% for SPY and -33.0% for TSYY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.55. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

SPY charges 0.09% per year while TSYY charges 1.15%. On a $10,000 position that is $9 vs $115 annually, a gap of $106 per year that compounds over a long holding period. On income, SPY currently yields 1.01% against 34.75% for TSYY.

Frequently Asked Questions

Which is cheaper, SPY or TSYY?

SPY has an expense ratio of 0.09% while TSYY charges 1.15%. SPY is the cheaper option. On a $10,000 investment, that is $106 per year of difference.

Which performed better, SPY or TSYY?

Over the past year SPY returned +21.53% vs -15.51% for TSYY, so SPY leads on 1-year performance. Over the longest common window we track (2 years), SPY annualized +8.85% vs +2.71% for TSYY. Past performance does not guarantee future results.

Which is riskier, SPY or TSYY?

TSYY has been the more volatile fund at 28.2% annualized versus 15.3% for SPY. Worst drawdown: SPY -56.5% vs TSYY -33.0%.

Should I hold both SPY and TSYY?

SPY and TSYY have a monthly-return correlation of 0.55, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, SPY or TSYY?

SPY yields 1.01% while TSYY yields 34.75%, so TSYY currently pays the higher dividend yield.

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