SPY vs XFIV
State Street SPDR S&P 500 ETF Trust vs BondBloxx Bloomberg Five Year Target Duration US Treasury ETF
Which is better, SPY or XFIV?
Large Cap Blend against Intermediate Term Bond.
XFIV has a lower expense ratio. SPY led over 1Y, 3Y and the full window.
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 | XFIV |
|---|---|---|
| Expense Ratio | 0.09% | 0.05%Best |
| AUM | $804.7B | $347M |
| Dividend Yield | 0.98% | 3.93% |
| Holdings | 505 | 51 |
| YTD Return | +12.47%Best | -2.25% |
| 1Y Return | +17.51%Best | -1.76% |
| 3Y Return (annualized) | +21.18%Best | +3.39% |
| 5Y Return (annualized) | +12.88% | - |
| Volatility (annualized) | 13.2% | 5.0%Best |
| Max Drawdown | -18.8% | -6.4%Best |
| $10,000 over 4 years | $20,882Best | $11,008 |
| Fund Family | State Street Investment Management | BondBloxx |
| Category | Equity | Fixed Income |
| Style | Large Cap Blend | Intermediate Term Bond |
| Inception | Jan 22, 1993 | Sep 13, 2022 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4 years row, are measured over the window both funds cover: Sep 16, 2022 to Sep 11, 2026 (4 years).
SPY vs XFIV 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 4 years both funds cover.
SPY vs XFIV Performance
State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (XFIV) is an ETF from BondBloxx. Over the past year SPY returned +17.51% while XFIV returned -1.76%. Year to date, SPY is up 12.47% versus a loss of 2.25% for XFIV.
Over three years, SPY compounded at +21.18% per year against +3.39% for XFIV. Across the full 4-year window we track, SPY has the edge at +20.21% annualized vs +2.43%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 13.2% compared with 5.0% for XFIV. 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 -6.4% for XFIV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.40. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SPY charges 0.09% per year while XFIV charges 0.05%. On a $10,000 position that is $9 vs $5 annually, a gap of $4 per year that compounds over a long holding period. On income, SPY currently yields 0.98% against 3.93% for XFIV.
Holdings Overlap
We hold position weights for 504 holdings in SPY and 31 in XFIV, totalling 100.0% and 65.3% 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 31 in XFIV, against full books of 505 and 51.
You are not choosing between two funds in isolation.
Whichever of SPY and XFIV 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 XFIV?
SPY has an expense ratio of 0.09% while XFIV charges 0.05%. XFIV is the cheaper option, by $4 a year on a $10,000 investment.
Which performed better, SPY or XFIV?
Over the past year SPY returned +17.51% vs -1.76% for XFIV, so SPY leads on 1-year performance. Over the longest common window we track (4 years), SPY annualized +20.21% vs +2.43% for XFIV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SPY or XFIV?
SPY has been the more volatile fund at 13.2% annualized versus 5.0% for XFIV. Worst drawdown: SPY -18.8% vs XFIV -6.4%.
Should I hold both SPY and XFIV?
SPY and XFIV have a monthly-return correlation of 0.40, 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 XFIV?
SPY yields 0.98% while XFIV yields 3.93%, so XFIV currently pays the higher dividend yield.
Is XFIV better than SPY?
XFIV has a lower expense ratio. SPY led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.