SPY vs WCBR

SPY vs WCBR

Which is better, SPY or WCBR?

Large Cap Blend against All Cap Blend.

SPY has a lower expense ratio. SPY led over 5Y and the full window, WCBR over 1Y and 3Y. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 57.6%.

Lower Fees: SPYHigher Returns: splitLess Concentrated: SPY

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

MetricSPYWCBR
Expense Ratio0.09%Best0.45%
AUM$814.4B$135M
Dividend Yield1.01%0.00%
Holdings50532
YTD Return+13.34%+46.50%Best
1Y Return+19.97%+31.74%Best
3Y Return (annualized)+21.20%+23.60%Best
5Y Return (annualized)+12.81%Best+7.00%
Volatility (annualized)15.1%Best29.3%
Max Drawdown-24.5%Best-52.3%
$10,000 over 5 years$18,270Best$14,026
Top 10 Weight38.0%Best57.6%
Fund FamilyState Street Investment ManagementWisdomTree Investments
CategoryEquityEquity
StyleLarge Cap BlendAll Cap Blend
InceptionJan 22, 1993Jan 28, 2021

Volatility and max drawdown are measured over the window both funds cover: Jan 28, 2021 to Sep 4, 2026 (5.6 years).

SPY vs WCBR 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 5.6 years both funds cover.

SPY vs WCBR Performance

State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and WisdomTree Cybersecurity Fund (WCBR) is an ETF from WisdomTree Investments. Over the past year SPY returned +19.97% while WCBR returned +31.74%. Year to date, SPY is up 13.34% versus a gain of 46.50% for WCBR.

Over three years, SPY compounded at +21.20% per year against +23.60% for WCBR; over five years the annualized figures are +12.81% and +7.00% respectively. Across the full 6-year window we track, SPY has the edge at +15.09% annualized vs +9.09%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

WCBR has been the more volatile fund, with annualized monthly volatility of 29.3% compared with 15.1% 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 -24.5% for SPY and -52.3% for WCBR. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.49. They move together some of the time, and apart the rest.

Fees and Cost Over Time

SPY charges 0.09% per year while WCBR charges 0.45%. On a $10,000 position that is $9 vs $45 annually, a gap of $36 per year that compounds over a long holding period. On income, SPY currently yields 1.01% against 0.00% for WCBR.

Holdings Overlap

SPY already in WCBR1.1%
WCBR already in SPY31.7%

1.1% of SPY's money is in holdings WCBR also owns. 31.7% of WCBR's money is in holdings SPY also owns.

The two portfolios partly overlap.

6 positions in common, counted across the 504 positions we hold weights for in SPY and 25 in WCBR, against full books of 505 and 32.

What only one of them owns

Our book lists 14 positions for WCBR that do not appear in our book for SPY (55.7% of the fund), and 490 for SPY that do not appear in WCBR (98.3%).

Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.

Top Shared Holdings

StockWeight in SPYWeight in WCBRDifference
CRWDCrowdstrike Holdings Inc. Class A0.32%7.87%7.55%
PANWPalo Alto Networks, Inc0.45%6.64%6.19%
DDOGDatadog Inc0.14%5.94%5.80%
FTNTFortinet Inc0.16%5.64%5.48%
FFIVF5 Networks Inc.0.03%3.15%3.12%
AKAMAkamai Technologies Inc.0.03%2.42%2.39%

31.7% of WCBR is already inside SPY.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

SPYWCBR

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, SPY or WCBR?

SPY has an expense ratio of 0.09% while WCBR charges 0.45%. SPY is the cheaper option, by $36 a year on a $10,000 investment.

Which performed better, SPY or WCBR?

Over the past year SPY returned +19.97% vs +31.74% for WCBR, so WCBR leads on 1-year performance. Over the longest common window we track (6 years), SPY annualized +15.09% vs +9.09% for WCBR. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, SPY or WCBR?

WCBR has been the more volatile fund at 29.3% annualized versus 15.1% for SPY. Worst drawdown: SPY -24.5% vs WCBR -52.3%.

Should I hold both SPY and WCBR?

SPY and WCBR have a monthly-return correlation of 0.49, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

What is the holdings overlap between SPY and WCBR?

31.7% of WCBR's money is in holdings SPY also owns. 31.7% of WCBR's is in holdings SPY also owns. They hold 6 positions in common, counted across the 504 positions we hold weights for in SPY and 25 in WCBR.

Which pays a higher dividend, SPY or WCBR?

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

Is WCBR better than SPY?

SPY has a lower expense ratio. SPY led over 5Y and the full window, WCBR over 1Y and 3Y. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 57.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.