SPY vs XAIW
State Street SPDR S&P 500 ETF Trust vs SpaceXAI Lab Ecosystem ETF
Which is better, SPY or XAIW?
Large Cap Blend against Large Cap Growth.
SPY has a lower expense ratio. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 64.2%.
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 | XAIW |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.59% |
| AUM | $804.7B | $2M |
| Dividend Yield | 0.98% | 0.00% |
| Holdings | 505 | 25 |
| YTD Return | +11.97%Best | -5.79% |
| 1Y Return | +16.40% | - |
| 3Y Return (annualized) | +21.10% | - |
| 5Y Return (annualized) | +12.88% | - |
| Top 10 Weight | 37.8%Best | 64.2% |
| Fund Family | State Street Investment Management | Harbor Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Jan 22, 1993 | Aug 12, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
SPY vs XAIW 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
SPY vs XAIW Performance
State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and SpaceXAI Lab Ecosystem ETF (XAIW) is an ETF from Harbor Funds. Year to date, SPY is up 11.97% versus a loss of 5.79% for XAIW.
Past performance does not guarantee future results.
Fees and Cost Over Time
SPY charges 0.09% per year while XAIW charges 0.59%. On a $10,000 position that is $9 vs $59 annually, a gap of $50 per year that compounds over a long holding period. On income, SPY currently yields 0.98% against 0.00% for XAIW.
Holdings Overlap
19.0% of SPY's money is in holdings XAIW also owns. 57.8% of XAIW's money is in holdings SPY also owns.
The two portfolios partly overlap.
16 positions in common, counted across the 504 positions we hold weights for in SPY and 25 in XAIW, against full books of 505 and 25.
What only one of them owns
Our book lists 3 positions for XAIW that do not appear in our book for SPY (24.7% of the fund), and 481 for SPY that do not appear in XAIW (80.3%).
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
| Stock | Weight in SPY | Weight in XAIW | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.01% | 8.74% | 0.73% |
| MSFTMicrosoft Corp | 5.66% | 2.70% | 2.96% |
| TSLATesla Inc | 1.52% | 4.48% | 2.96% |
| ORCLOracle Corp - Common | 0.36% | 5.17% | 4.81% |
| DELLDell Technologies Inc | 0.19% | 4.65% | 4.46% |
| SMCISuper Micro Computer Inc Common Stock USD.001 | 0.03% | 4.57% | 4.54% |
| ADIAnalog Devices, Inc. | 0.26% | 3.87% | 3.61% |
| LRCXLrcx Uw Equity | 0.55% | 3.16% | 2.61% |
| APOAthene (Ath) / Apollo Global Management (Apo) | 0.09% | 3.60% | 3.51% |
| CARRCarrier Global Corp Common Stock Usd.01 | 0.07% | 3.32% | 3.25% |
57.8% of XAIW 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 XAIW?
SPY has an expense ratio of 0.09% while XAIW charges 0.59%. SPY is the cheaper option, by $50 a year on a $10,000 investment.
What is the holdings overlap between SPY and XAIW?
57.8% of XAIW's money is in holdings SPY also owns. 57.8% of XAIW's is in holdings SPY also owns. They hold 16 positions in common, counted across the 504 positions we hold weights for in SPY and 25 in XAIW.
Which pays a higher dividend, SPY or XAIW?
SPY yields 0.98% while XAIW yields 0.00%, so SPY currently pays the higher dividend yield.
Is XAIW better than SPY?
SPY has a lower expense ratio. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 64.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.