SPY vs USMD

Quick Verdict

SPY has a lower expense ratio. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricSPYUSMDWinner
Expense Ratio0.09%0.87%
AUM$789.1B$292,639.82
Dividend Yield1.01%0.00%
Holdings505119
YTD Return+13.39%+25.88%
1Y Return+22.52%-
3Y Return (annualized)+21.36%-
5Y Return (annualized)+13.19%-
Volatility (annualized)15.3%-
Max Drawdown-56.5%-16.6%
Fund FamilyState Street Investment ManagementCORE VALUES ALPHA
CategoryEquityEquity
InceptionJan 22, 1993Feb 6, 2026

SPY vs USMD Performance

State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management and CoreValues America First Technology ETF (USMD) is a ETF from CORE VALUES ALPHA. Year to date, SPY is up 13.39% versus a gain of 25.88% for USMD.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -56.5% for SPY and -16.6% for USMD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

SPY charges 0.09% per year while USMD charges 0.87%. On a $10,000 position that is $9 vs $87 annually, a gap of $78 per year that compounds over a long holding period. On income, SPY currently yields 1.01% against 0.00% for USMD.

Holdings Overlap

29.6%overlap

SPY and USMD share 50 holdings out of 570 unique holdings combined, representing a 29.6% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in SPYWeight in USMDDifference
NVDA7.31%4.60%2.71%
AMZN3.69%4.99%1.30%
AVGO2.73%5.74%3.01%
MSFTProProPro
GOOGProProPro
AMDProProPro
TSLAProProPro
INTCProProPro
CSCOProProPro
GEVProProPro
FundXLS Pro
See all 10 holdings SPY shares with USMD
Exact weights in each fund and the difference, for every overlapping position.
X-ray my whole portfolio$45/quarter Pro · Cancel anytime

Frequently Asked Questions

Which is cheaper, SPY or USMD?

SPY has an expense ratio of 0.09% while USMD charges 0.87%. SPY is the cheaper option. On a $10,000 investment, that is $78 per year of difference.

What is the holdings overlap between SPY and USMD?

SPY and USMD share 50 common holdings with a 29.6% weight overlap. Combined, they hold 570 unique securities.

Which pays a higher dividend, SPY or USMD?

SPY yields 1.01% while USMD yields 0.00%, so SPY currently pays the higher dividend yield.

Get Full ETF Analytics

Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.