SPY vs TXNY

SPY vs TXNY

Which is better, SPY or TXNY?

Large Cap Blend against Municipal Bond.

Lower Fees: Tied

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

MetricSPYTXNY
Expense Ratio0.09%Tie0.09%Tie
AUM$823.2B$7M
Dividend Yield0.99%0.00%
Holdings1,51547
YTD Return+12.11%Best+2.04%
1Y Return+14.35%-
3Y Return (annualized)+23.00%-
5Y Return (annualized)+12.29%-
Fund FamilyState Street Investment ManagementNorthern Trust Asset Management
CategoryEquityTax Preferred
StyleLarge Cap BlendMunicipal Bond
InceptionJan 22, 1993Sep 22, 2026

Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.

SPY vs TXNY 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.

SPY vs TXNY Performance

State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and Northern Trust New York Intermediate Tax-Exempt Bond ETF (TXNY) is an ETF from Northern Trust Asset Management. Year to date, SPY is up 12.11% versus a gain of 2.04% for TXNY.

Past performance does not guarantee future results.

Fees and Cost Over Time

SPY charges 0.09% per year while TXNY charges 0.09%. On a $10,000 position that is $9 vs $9 annually. On income, SPY currently yields 0.99% against 0.00% for TXNY.

Holdings Overlap

We hold position weights for 504 holdings in SPY and 47 in TXNY, totalling 99.8% and 23.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.

0 positions in common, counted across the 504 positions we hold weights for in SPY and 47 in TXNY, against full books of 1,515 and 47.

You are not choosing between two funds in isolation.

Whichever of SPY and TXNY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

SPYTXNY

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, SPY or TXNY?

SPY has an expense ratio of 0.09% while TXNY charges 0.09%. At the precision these are quoted to, they cost the same.

Which pays a higher dividend, SPY or TXNY?

SPY yields 0.99% while TXNY yields 0.00%, so SPY currently pays the higher dividend yield.

Is TXNY better than SPY?

SPY and TXNY are close on every measure we can compare. Which one suits a particular account depends on what it is for. This is information, not a recommendation.