SPY vs WTBN
State Street SPDR S&P 500 ETF Trust vs WisdomTree Bianco Total Return Fund ETF
Which is better, SPY or WTBN?
Large Cap Blend against High Yield Bond.
SPY has a lower expense ratio. SPY led over 1Y and the full window. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 97.1%.
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 | WTBN |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.60% |
| AUM | $804.7B | $102M |
| Dividend Yield | 0.98% | 4.12% |
| Holdings | 505 | 14 |
| YTD Return | +13.82%Best | -1.94% |
| 1Y Return | +16.96%Best | -1.06% |
| 3Y Return (annualized) | +22.97% | - |
| 5Y Return (annualized) | +13.73% | - |
| Volatility (annualized) | 11.8% | 4.0%Best |
| Max Drawdown | -18.8% | -3.9%Best |
| $10,000 over 2.8 years | $17,168Best | $10,940 |
| Top 10 Weight | 37.8%Best | 97.1% |
| Fund Family | State Street Investment Management | WisdomTree Investments |
| Category | Equity | Fixed Income |
| Style | Large Cap Blend | High Yield Bond |
| Inception | Jan 22, 1993 | Dec 20, 2023 |
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Dec 20, 2023 to Sep 21, 2026 (2.8 years).
SPY vs WTBN 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 2.8 years both funds cover.
SPY vs WTBN Performance
State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and WisdomTree Bianco Total Return Fund ETF (WTBN) is an ETF from WisdomTree Investments. Over the past year SPY returned +16.96% while WTBN returned -1.06%. Year to date, SPY is up 13.82% versus a loss of 1.94% for WTBN.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 11.8% compared with 4.0% for WTBN. 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 -3.9% for WTBN. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.32. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SPY charges 0.09% per year while WTBN charges 0.60%. On a $10,000 position that is $9 vs $60 annually, a gap of $51 per year that compounds over a long holding period. On income, SPY currently yields 0.98% against 4.12% for WTBN.
Holdings Overlap
We hold position weights for 504 holdings in SPY and 12 in WTBN, totalling 99.9% and 99.6% 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 12 in WTBN, against full books of 505 and 14.
What only one of them owns
Our book lists 12 positions for WTBN that do not appear in our book for SPY (99.6% of the fund), and 497 for SPY that do not appear in WTBN (99.3%).
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.
You are not choosing between two funds in isolation.
Whichever of SPY and WTBN 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 WTBN?
SPY has an expense ratio of 0.09% while WTBN charges 0.60%. SPY is the cheaper option, by $51 a year on a $10,000 investment.
Which performed better, SPY or WTBN?
Over the past year SPY returned +16.96% vs -1.06% for WTBN, so SPY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SPY or WTBN?
SPY has been the more volatile fund at 11.8% annualized versus 4.0% for WTBN. Worst drawdown: SPY -18.8% vs WTBN -3.9%.
Should I hold both SPY and WTBN?
SPY and WTBN have a monthly-return correlation of 0.32, 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 WTBN?
SPY yields 0.98% while WTBN yields 4.12%, so WTBN currently pays the higher dividend yield.
Is WTBN better than SPY?
SPY has a lower expense ratio. SPY led over 1Y and the full window. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 97.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.