SPY vs XCLR
State Street SPDR S&P 500 ETF Trust vs Global X S&P 500 Collar 95-110 ETF
Quick Verdict
SPY has a lower expense ratio. SPY delivered stronger 1-year returns. XCLR offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | SPY | XCLR | Winner |
|---|---|---|---|
| Expense Ratio | 0.09% | 0.25% | |
| AUM | $821.1B | $4M | |
| Dividend Yield | 1.01% | 12.85% | |
| Holdings | 505 | 508 | |
| YTD Return | +12.68% | +4.17% | |
| 1Y Return | +21.82% | +9.71% | |
| 3Y Return (annualized) | +21.98% | +14.26% | |
| 5Y Return (annualized) | +12.89% | +7.63% | |
| Volatility (annualized) | 15.3% | 10.8% | |
| Max Drawdown | -56.5% | -14.6% | |
| Fund Family | State Street Investment Management | Global X by mirae Asset | |
| Category | Equity | Equity | |
| Inception | Jan 22, 1993 | Aug 25, 2021 |
SPY vs XCLR Performance
State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management and Global X S&P 500 Collar 95-110 ETF (XCLR) is a ETF from Global X by mirae Asset. Over the past year SPY returned +21.82% while XCLR returned +9.71%. Year to date, SPY is up 12.68% versus a gain of 4.17% for XCLR.
Over three years, SPY compounded at +21.98% per year against +14.26% for XCLR; over five years the annualized figures are +12.89% and +7.63% respectively. Across the full 5-year window we track, SPY has the edge at +8.81% annualized vs +7.63%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 10.8% for XCLR. 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 -14.6% for XCLR. 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 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
SPY charges 0.09% per year while XCLR charges 0.25%. On a $10,000 position that is $9 vs $25 annually, a gap of $16 per year that compounds over a long holding period. On income, SPY currently yields 1.01% against 12.85% for XCLR.
Holdings Overlap
SPY and XCLR share 453 holdings out of 510 unique holdings combined, representing a 48.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, SPY or XCLR?
SPY has an expense ratio of 0.09% while XCLR charges 0.25%. SPY is the cheaper option. On a $10,000 investment, that is $16 per year of difference.
Which performed better, SPY or XCLR?
Over the past year SPY returned +21.82% vs +9.71% for XCLR, so SPY leads on 1-year performance. Over the longest common window we track (5 years), SPY annualized +8.81% vs +7.63% for XCLR. Past performance does not guarantee future results.
Which is riskier, SPY or XCLR?
SPY has been the more volatile fund at 15.3% annualized versus 10.8% for XCLR. Worst drawdown: SPY -56.5% vs XCLR -14.6%.
Should I hold both SPY and XCLR?
SPY and XCLR have a monthly-return correlation of 0.93, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between SPY and XCLR?
SPY and XCLR share 453 common holdings with a 48.1% weight overlap. Combined, they hold 510 unique securities.
Which pays a higher dividend, SPY or XCLR?
SPY yields 1.01% while XCLR yields 12.85%, so XCLR currently pays the higher dividend yield.
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