SPY vs UUPP

Quick Verdict

SPY has a lower expense ratio. SPY offers more diversification with 505 holdings.

Lower Fees: SPYHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricSPYUUPPWinner
Expense Ratio0.09%0.19%
AUM$821.1B$15M
Dividend Yield1.01%0.49%
Holdings5051
YTD Return+14.24%+0.26%
1Y Return+21.71%-
3Y Return (annualized)+22.10%-
5Y Return (annualized)+13.21%-
Volatility (annualized)15.3%-
Max Drawdown-56.5%-0.6%
Fund FamilyState Street Investment ManagementPrincipal Funds
CategoryEquityFixed Income
InceptionJan 22, 1993May 21, 2026

SPY vs UUPP Performance

State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management and Principal CLO ETF (UUPP) is a ETF from Principal Funds. Year to date, SPY is up 14.24% versus a gain of 0.26% for UUPP.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -56.5% for SPY and -0.6% for UUPP. 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 UUPP charges 0.19%. On a $10,000 position that is $9 vs $19 annually, a gap of $10 per year that compounds over a long holding period. On income, SPY currently yields 1.01% against 0.49% for UUPP.

Holdings Overlap

0.0%overlap

SPY and UUPP share 0 holdings out of 505 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, SPY or UUPP?

SPY has an expense ratio of 0.09% while UUPP charges 0.19%. SPY is the cheaper option. On a $10,000 investment, that is $10 per year of difference.

What is the holdings overlap between SPY and UUPP?

SPY and UUPP share 0 common holdings with a 0.0% weight overlap. Combined, they hold 505 unique securities.

Which pays a higher dividend, SPY or UUPP?

SPY yields 1.01% while UUPP yields 0.49%, so SPY currently pays the higher dividend yield.

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