SPY vs XJUN
State Street SPDR S&P 500 ETF Trust vs FT Vest US Equity Enhance & Moderate Buffer ETF - June
Which is better, SPY or XJUN?
Large Cap Blend against Option Writing.
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.90.
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 | XJUN |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.85% |
| AUM | $804.7B | $139M |
| Dividend Yield | 0.98% | 0.00% |
| Holdings | 505 | 12 |
| YTD Return | +12.22%Best | +5.25% |
| 1Y Return | +16.97%Best | +7.46% |
| 3Y Return (annualized) | +21.16%Best | +10.27% |
| 5Y Return (annualized) | +13.00%Best | +8.66% |
| Volatility (annualized) | 15.7% | 5.8%Best |
| Max Drawdown | -24.5% | -9.1%Best |
| $10,000 over 5 years | $18,424Best | $15,148 |
| Fund Family | State Street Investment Management | First Trust Portfolios (US) |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Option Writing |
| Inception | Jan 22, 1993 | Jul 12, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jul 13, 2021 to Sep 17, 2026 (5.2 years).
SPY vs XJUN 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 5.2 years both funds cover.
SPY vs XJUN Performance
State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and FT Vest US Equity Enhance & Moderate Buffer ETF - June (XJUN) is an ETF from First Trust Portfolios (US). Over the past year SPY returned +16.97% while XJUN returned +7.46%. Year to date, SPY is up 12.22% versus a gain of 5.25% for XJUN.
Over three years, SPY compounded at +21.16% per year against +10.27% for XJUN; over five years the annualized figures are +13.00% and +8.66% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.7% compared with 5.8% for XJUN. 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 -24.5% for SPY and -9.1% for XJUN. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.90. 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 XJUN charges 0.85%. On a $10,000 position that is $9 vs $85 annually, a gap of $76 per year that compounds over a long holding period. On income, SPY currently yields 0.98% against 0.00% for XJUN.
You are not choosing between two funds in isolation.
Whichever of SPY and XJUN 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 XJUN?
SPY has an expense ratio of 0.09% while XJUN charges 0.85%. SPY is the cheaper option, by $76 a year on a $10,000 investment.
Which performed better, SPY or XJUN?
Over the past year SPY returned +16.97% vs +7.46% for XJUN, so SPY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SPY or XJUN?
SPY has been the more volatile fund at 15.7% annualized versus 5.8% for XJUN. Worst drawdown: SPY -24.5% vs XJUN -9.1%.
Should I hold both SPY and XJUN?
SPY and XJUN have a monthly-return correlation of 0.90, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, SPY or XJUN?
SPY yields 0.98% while XJUN yields 0.00%, so SPY currently pays the higher dividend yield.
Is XJUN better than SPY?
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.90. Which one suits a particular account depends on what it is for. This is information, not a recommendation.