SPY vs UITB
State Street SPDR S&P 500 ETF Trust vs VictoryShares Core Intermediate Bond ETF
Which is better, SPY or UITB?
SPY has been ahead.
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y 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 | UITB |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.25% |
| AUM | $804.7B | $2.7B |
| Dividend Yield | 0.98% | 4.30% |
| Holdings | 505 | 1,206 |
| YTD Return | +11.52%Best | -1.53% |
| 1Y Return | +17.48%Best | -0.86% |
| 3Y Return (annualized) | +20.62%Best | +4.19% |
| 5Y Return (annualized) | +12.73%Best | -0.11% |
| Volatility (annualized) | 16.2% | 5.5%Best |
| Max Drawdown | -34.1% | -17.0%Best |
| $10,000 over 5 years | $18,205Best | $9,945 |
| Fund Family | State Street Investment Management | Victory Capital Management Inc. |
| Category | Equity | Fixed Income |
| Style | Large Cap Blend | - |
| Inception | Jan 22, 1993 | Oct 24, 2017 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 26, 2017 to Sep 10, 2026 (8.9 years).
SPY vs UITB 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 UITB Performance
State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and VictoryShares Core Intermediate Bond ETF (UITB) is an ETF from Victory Capital Management Inc.. Over the past year SPY returned +17.48% while UITB returned -0.86%. Year to date, SPY is up 11.52% versus a loss of 1.53% for UITB.
Over three years, SPY compounded at +20.62% per year against +4.19% for UITB; over five years the annualized figures are +12.73% and -0.11% respectively. Across the full 9-year window we track, SPY has the edge at +13.98% annualized vs +0.95%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 16.2% compared with 5.5% for UITB. 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 -34.1% for SPY and -17.0% for UITB. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.53. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SPY charges 0.09% per year while UITB charges 0.25%. On a $10,000 position that is $9 vs $25 annually, a gap of $16 per year that compounds over a long holding period. On income, SPY currently yields 0.98% against 4.30% for UITB.
Holdings Overlap
We hold position weights for 504 holdings in SPY and 857 in UITB, totalling 100.0% and 70.4% 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 857 in UITB, against full books of 505 and 1,206.
You are not choosing between two funds in isolation.
Whichever of SPY and UITB 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 UITB?
SPY has an expense ratio of 0.09% while UITB charges 0.25%. SPY is the cheaper option, by $16 a year on a $10,000 investment.
Which performed better, SPY or UITB?
Over the past year SPY returned +17.48% vs -0.86% for UITB, so SPY leads on 1-year performance. Over the longest common window we track (9 years), SPY annualized +13.98% vs +0.95% for UITB. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SPY or UITB?
SPY has been the more volatile fund at 16.2% annualized versus 5.5% for UITB. Worst drawdown: SPY -34.1% vs UITB -17.0%.
Should I hold both SPY and UITB?
SPY and UITB have a monthly-return correlation of 0.53, 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 UITB?
SPY yields 0.98% while UITB yields 4.30%, so UITB currently pays the higher dividend yield.
Is UITB better than SPY?
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.