SPY vs XITK
State Street SPDR S&P 500 ETF Trust vs State Street SPDR FactSet Innovative Technology ETF
Which is better, SPY or XITK?
Large Cap Blend against Mid Cap Growth.
SPY has a lower expense ratio. SPY led over 1Y, 3Y and 5Y, XITK over the full window. XITK is less concentrated, with 24.4% of the fund in its ten largest positions against 38.2%.
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 | XITK |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.45% |
| AUM | $811.2B | $67M |
| Dividend Yield | 0.98% | 0.00% |
| Holdings | 1,515 | 98 |
| YTD Return | +13.54% | +15.75%Best |
| 1Y Return | +16.25%Best | +7.27% |
| 3Y Return (annualized) | +23.72%Best | +19.56% |
| 5Y Return (annualized) | +13.95%Best | -0.44% |
| Volatility (annualized) | 15.0%Best | 24.9% |
| Max Drawdown | -34.1%Best | -65.6% |
| $10,000 over 5 years | $19,212Best | $9,782 |
| Top 10 Weight | 38.2% | 24.4%Best |
| Fund Family | State Street Investment Management | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Mid Cap Growth |
| Inception | Jan 22, 1993 | Jan 13, 2016 |
Volatility and max drawdown are measured over the window both funds cover: Jan 14, 2016 to Oct 2, 2026 (10.7 years).
SPY vs XITK 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 10.7 years both funds cover.
SPY vs XITK Performance
State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and State Street SPDR FactSet Innovative Technology ETF (XITK) is an ETF from State Street Investment Management. Over the past year SPY returned +16.25% while XITK returned +7.27%. Year to date, SPY is up 13.54% versus a gain of 15.75% for XITK.
Over three years, SPY compounded at +23.72% per year against +19.56% for XITK; over five years the annualized figures are +13.95% and -0.44% respectively. Across the full 11-year window we track, XITK has the edge at +14.81% annualized vs +14.65%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XITK has been the more volatile fund, with annualized monthly volatility of 24.9% compared with 15.0% 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 -34.1% for SPY and -65.6% for XITK. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SPY charges 0.09% per year while XITK charges 0.45%. On a $10,000 position that is $9 vs $45 annually, a gap of $36 per year that compounds over a long holding period. On income, SPY currently yields 0.98% against 0.00% for XITK.
Holdings Overlap
18.9% of SPY's money is in holdings XITK also owns. 17.2% of XITK's money is in holdings SPY also owns.
SPY and XITK share little of their money.
17 positions in common, counted across the 504 positions we hold weights for in SPY and 97 in XITK, against full books of 1,515 and 98.
What only one of them owns
Our book lists 74 positions for XITK that do not appear in our book for SPY (77.8% of the fund), and 480 for SPY that do not appear in XITK (80.4%).
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 XITK | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.78% | 1.21% | 6.57% |
| GOOGLAlphabet Inc,class A | 3.12% | 1.06% | 2.06% |
| AMDAdvanced Micro Devices Inc | 1.22% | 2.38% | 1.16% |
| AVGOBroadcom Inc | 2.48% | 0.98% | 1.50% |
| METAMeta Platforms Inc | 2.22% | 0.97% | 1.25% |
| ANETArista Networks Inc Common Stock | 0.30% | 1.55% | 1.25% |
| DDOGDatadog Inc | 0.12% | 1.47% | 1.35% |
| PLTRPalantir Technologies Inc | 0.61% | 0.89% | 0.28% |
| NFLXNetflix, Inc. | 0.51% | 0.79% | 0.28% |
| SMCISuper Micro Computer Inc Common Stock USD.001 | 0.03% | 1.21% | 1.18% |
You are not choosing between two funds in isolation.
Whichever of SPY and XITK 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 XITK?
SPY has an expense ratio of 0.09% while XITK charges 0.45%. SPY is the cheaper option, by $36 a year on a $10,000 investment.
Which performed better, SPY or XITK?
Over the past year SPY returned +16.25% vs +7.27% for XITK, so SPY leads on 1-year performance. Over the longest common window we track (11 years), SPY annualized +14.65% vs +14.81% for XITK. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SPY or XITK?
XITK has been the more volatile fund at 24.9% annualized versus 15.0% for SPY. Worst drawdown: SPY -34.1% vs XITK -65.6%.
Should I hold both SPY and XITK?
SPY and XITK have a monthly-return correlation of 0.74, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between SPY and XITK?
18.9% of SPY's money is in holdings XITK also owns. 17.2% of XITK's is in holdings SPY also owns. They hold 17 positions in common, counted across the 504 positions we hold weights for in SPY and 97 in XITK.
Which pays a higher dividend, SPY or XITK?
SPY yields 0.98% while XITK yields 0.00%, so SPY currently pays the higher dividend yield.
Is XITK better than SPY?
SPY has a lower expense ratio. SPY led over 1Y, 3Y and 5Y, XITK over the full window. XITK is less concentrated, with 24.4% of the fund in its ten largest positions against 38.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.