SPY vs WZRD
State Street SPDR S&P 500 ETF Trust vs Opportunistic Trader ETF
Quick Verdict
SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | SPY | WZRD | Winner |
|---|---|---|---|
| Expense Ratio | 0.09% | 1.07% | |
| AUM | $821.1B | $16M | |
| Dividend Yield | 1.01% | - | |
| Holdings | 505 | 20 | |
| YTD Return | +12.68% | -96.09% | |
| 1Y Return | +21.82% | -96.58% | |
| 3Y Return (annualized) | +21.98% | - | |
| 5Y Return (annualized) | +12.89% | - | |
| Volatility (annualized) | 15.3% | 86.5% | |
| Max Drawdown | -56.5% | -98.2% | |
| Fund Family | State Street Investment Management | Opportunistic Trader | |
| Category | Equity | Equity | |
| Inception | Jan 22, 1993 | Mar 19, 2024 |
SPY vs WZRD Performance
State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management and Opportunistic Trader ETF (WZRD) is a ETF from Opportunistic Trader. Over the past year SPY returned +21.82% while WZRD returned -96.58%. Year to date, SPY is up 12.68% versus a loss of 96.09% for WZRD.
Risk: Volatility and Drawdowns
WZRD has been the more volatile fund, with annualized monthly volatility of 86.5% compared with 15.3% 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 -56.5% for SPY and -98.2% for WZRD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at -0.17. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SPY charges 0.09% per year while WZRD charges 1.07%. On a $10,000 position that is $9 vs $107 annually, a gap of $98 per year that compounds over a long holding period.
Frequently Asked Questions
Which is cheaper, SPY or WZRD?
SPY has an expense ratio of 0.09% while WZRD charges 1.07%. SPY is the cheaper option. On a $10,000 investment, that is $98 per year of difference.
Which performed better, SPY or WZRD?
Over the past year SPY returned +21.82% vs -96.58% for WZRD, so SPY leads on 1-year performance. Over the longest common window we track (1 years), SPY annualized +8.81% vs -94.37% for WZRD. Past performance does not guarantee future results.
Which is riskier, SPY or WZRD?
WZRD has been the more volatile fund at 86.5% annualized versus 15.3% for SPY. Worst drawdown: SPY -56.5% vs WZRD -98.2%.
Should I hold both SPY and WZRD?
SPY and WZRD have a monthly-return correlation of -0.17, so combining them can provide real diversification depending on your allocation goals.
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