SPY vs XEY

SPY vs XEY
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Quick Verdict

SPY has a lower expense ratio. SPY offers more diversification with 505 holdings.

Lower Fees: SPYHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricSPYXEYWinner
Expense Ratio0.09%1.07%
AUM$821.1B$591,104.49
Dividend Yield1.01%16.36%
Holdings5054
YTD Return+12.22%-7.03%
1Y Return+20.83%-
3Y Return (annualized)+21.70%-
5Y Return (annualized)+12.98%-
Volatility (annualized)15.3%-
Max Drawdown-56.5%-15.6%
Fund FamilyState Street Investment ManagementGraniteShares
CategoryEquityAlternative
InceptionJan 22, 1993Apr 28, 2026

SPY vs XEY Performance

State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management and GraniteShares YieldBOOST Ether ETF (XEY) is a ETF from GraniteShares. Year to date, SPY is up 12.22% versus a loss of 7.03% for XEY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -56.5% for SPY and -15.6% for XEY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

SPY charges 0.09% per year while XEY 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. On income, SPY currently yields 1.01% against 16.36% for XEY.

Frequently Asked Questions

Which is cheaper, SPY or XEY?

SPY has an expense ratio of 0.09% while XEY charges 1.07%. SPY is the cheaper option. On a $10,000 investment, that is $98 per year of difference.

Which pays a higher dividend, SPY or XEY?

SPY yields 1.01% while XEY yields 16.36%, so XEY currently pays the higher dividend yield.

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