SPY vs WEEI
State Street SPDR S&P 500 ETF Trust vs Westwood Salient Enhanced Energy Income ETF
Which is better, SPY or WEEI?
Each has led over a different period.
SPY has a lower expense ratio. SPY led over the full window, WEEI over 1Y. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 77.6%.
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 | WEEI |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.85% |
| AUM | $804.7B | $106M |
| Dividend Yield | 0.98% | 11.72% |
| Holdings | 505 | 106 |
| YTD Return | +12.09% | +25.51%Best |
| 1Y Return | +16.29% | +32.05%Best |
| 3Y Return (annualized) | +21.20% | - |
| 5Y Return (annualized) | +13.37% | - |
| Volatility (annualized) | 11.8%Best | 16.2% |
| Max Drawdown | -18.8%Tie | -18.8%Tie |
| $10,000 over 2.4 years | $15,688Best | $14,050 |
| Top 10 Weight | 37.8%Best | 77.6% |
| Fund Family | State Street Investment Management | Westwood Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jan 22, 1993 | Apr 30, 2024 |
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: May 1, 2024 to Sep 18, 2026 (2.4 years).
SPY vs WEEI 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 2.4 years both funds cover.
SPY vs WEEI Performance
State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and Westwood Salient Enhanced Energy Income ETF (WEEI) is an ETF from Westwood Funds. Over the past year SPY returned +16.29% while WEEI returned +32.05%. Year to date, SPY is up 12.09% versus a gain of 25.51% for WEEI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WEEI has been the more volatile fund, with annualized monthly volatility of 16.2% compared with 11.8% 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 -18.8% for SPY and -18.8% for WEEI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.05. They move largely independently of each other.
Fees and Cost Over Time
SPY charges 0.09% per year while WEEI charges 0.85%. On a $10,000 position that is $9 vs $85 annually, a gap of $76 per year that compounds over a long holding period. On income, SPY currently yields 0.98% against 11.72% for WEEI.
Holdings Overlap
3.5% of SPY's money is in holdings WEEI also owns. 100.0% of WEEI's money is in holdings SPY also owns.
Most of WEEI is already inside SPY. Owning both mostly buys the same companies twice.
20 positions in common, counted across the 504 positions we hold weights for in SPY and 21 in WEEI, against full books of 505 and 106.
What only one of them owns
Our book lists 0 positions for WEEI that do not appear in our book for SPY (0.0% of the fund), and 477 for SPY that do not appear in WEEI (95.8%).
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
| Stock | Weight in SPY | Weight in WEEI | Difference |
|---|---|---|---|
| XOMExxon Mobil Corp. | 1.04% | 22.54% | 21.50% |
| CVXChevron Corp | 0.60% | 14.92% | 14.32% |
| VLOValero Energy | 0.16% | 6.93% | 6.77% |
| COPConocophillips Common Stock USD 0.01 | 0.25% | 6.53% | 6.28% |
| PSXPhillips 66 | 0.15% | 5.13% | 4.98% |
| SLBSchlumberger Nv. | 0.13% | 4.72% | 4.59% |
| WMBWilliams Cos. Inc. | 0.14% | 4.58% | 4.44% |
| BKRBaker Hughes Co | 0.10% | 4.31% | 4.21% |
| MPCMarathon Petroleum Corp | 0.17% | 4.10% | 3.93% |
| EOGEog Resources Inc | 0.12% | 3.87% | 3.75% |
100.0% of WEEI 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.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SPY or WEEI?
SPY has an expense ratio of 0.09% while WEEI charges 0.85%. SPY is the cheaper option, by $76 a year on a $10,000 investment.
Which performed better, SPY or WEEI?
Over the past year SPY returned +16.29% vs +32.05% for WEEI, so WEEI leads on 1-year performance. Over the longest common window we track (2 years), SPY annualized +20.64% vs +15.22% for WEEI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SPY or WEEI?
WEEI has been the more volatile fund at 16.2% annualized versus 11.8% for SPY. Worst drawdown: SPY -18.8% vs WEEI -18.8%.
Should I hold both SPY and WEEI?
SPY and WEEI have a monthly-return correlation of 0.05, 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 WEEI?
100.0% of WEEI's money is in holdings SPY also owns. 100.0% of WEEI's is in holdings SPY also owns. They hold 20 positions in common, counted across the 504 positions we hold weights for in SPY and 21 in WEEI.
Which pays a higher dividend, SPY or WEEI?
SPY yields 0.98% while WEEI yields 11.72%, so WEEI currently pays the higher dividend yield.
Is WEEI better than SPY?
SPY has a lower expense ratio. SPY led over the full window, WEEI over 1Y. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 77.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.