SPY vs UBEW
State Street SPDR S&P 500 ETF Trust vs Roundhill UBER WeeklyPay ETF
Which is better, SPY or UBEW?
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 | UBEW |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.99% |
| AUM | $823.2B | $4M |
| Dividend Yield | 0.99% | 53.48% |
| Holdings | 1,515 | 5 |
| YTD Return | +13.93%Best | -41.43% |
| 1Y Return | +13.62%Best | -51.49% |
| 3Y Return (annualized) | +24.48% | - |
| 5Y Return (annualized) | +12.50% | - |
| Volatility (annualized) | 13.1%Best | 18.8% |
| Max Drawdown | -8.9%Best | -54.1% |
| $10,000 over 1 years | $11,598Best | $4,958 |
| Fund Family | State Street Investment Management | Roundhill Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jan 22, 1993 | Oct 23, 2025 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1 years row, are measured over the window both funds cover: Oct 23, 2025 to Oct 28, 2026 (1 years).
SPY vs UBEW 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 UBEW Performance
State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and Roundhill UBER WeeklyPay ETF (UBEW) is an ETF from Roundhill Investments. Over the past year SPY returned +13.62% while UBEW returned -51.49%. Year to date, SPY is up 13.93% versus a loss of 41.43% for UBEW.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UBEW has been the more volatile fund, with annualized monthly volatility of 18.8% compared with 13.1% 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 -54.1% for UBEW. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.36. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SPY charges 0.09% per year while UBEW 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 0.99% against 53.48% for UBEW.
Holdings Overlap
At least 0.2% of SPY's money is in holdings UBEW also owns.
Stated as a floor: for UBEW, our book for it covers 26.5% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 504 positions we hold weights for in SPY and 2 in UBEW, against full books of 1,515 and 5.
Top Shared Holdings
| Stock | Weight in SPY | Weight in UBEW | Difference |
|---|---|---|---|
| UBERUber Technologies Inc | 0.22% | 19.99% | 19.77% |
You are not choosing between two funds in isolation.
Whichever of SPY and UBEW 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 UBEW?
SPY has an expense ratio of 0.09% while UBEW charges 0.99%. SPY is the cheaper option, by $90 a year on a $10,000 investment.
Which performed better, SPY or UBEW?
Over the past year SPY returned +13.62% vs -51.49% for UBEW, so SPY leads on 1-year performance. Over the longest common window we track (1 years), SPY annualized +15.98% vs -50.42% for UBEW. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SPY or UBEW?
UBEW has been the more volatile fund at 18.8% annualized versus 13.1% for SPY. Worst drawdown: SPY -8.9% vs UBEW -54.1%.
Should I hold both SPY and UBEW?
SPY and UBEW have a monthly-return correlation of 0.36, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, SPY or UBEW?
SPY yields 0.99% while UBEW yields 53.48%, so UBEW currently pays the higher dividend yield.
Is UBEW 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.