SPY vs XRLX
State Street SPDR S&P 500 ETF Trust vs FundX Conservative ETF
Quick Verdict
SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | SPY | XRLX | Winner |
|---|---|---|---|
| Expense Ratio | 0.09% | 1.20% | |
| AUM | $821.1B | $50M | |
| Dividend Yield | 1.01% | 2.65% | |
| Holdings | 505 | 22 | |
| YTD Return | +12.68% | +6.41% | |
| 1Y Return | +21.82% | +11.53% | |
| 3Y Return (annualized) | +21.98% | - | |
| 5Y Return (annualized) | +12.89% | - | |
| Volatility (annualized) | 15.3% | 9.0% | |
| Max Drawdown | -56.5% | -15.3% | |
| Fund Family | State Street Investment Management | Fund X | |
| Category | Equity | Allocation/Balanced | |
| Inception | Jan 22, 1993 | Oct 10, 2023 |
SPY vs XRLX Performance
State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management and FundX Conservative ETF (XRLX) is a ETF from Fund X. Over the past year SPY returned +21.82% while XRLX returned +11.53%. Year to date, SPY is up 12.68% versus a gain of 6.41% for XRLX.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 9.0% for XRLX. 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 -15.3% for XRLX. 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 0.96. 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 XRLX charges 1.20%. On a $10,000 position that is $9 vs $120 annually, a gap of $111 per year that compounds over a long holding period. On income, SPY currently yields 1.01% against 2.65% for XRLX.
Holdings Overlap
SPY and XRLX share 0 holdings out of 524 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, SPY or XRLX?
SPY has an expense ratio of 0.09% while XRLX charges 1.20%. SPY is the cheaper option. On a $10,000 investment, that is $111 per year of difference.
Which performed better, SPY or XRLX?
Over the past year SPY returned +21.82% vs +11.53% for XRLX, so SPY leads on 1-year performance. Over the longest common window we track (3 years), SPY annualized +8.81% vs +13.78% for XRLX. Past performance does not guarantee future results.
Which is riskier, SPY or XRLX?
SPY has been the more volatile fund at 15.3% annualized versus 9.0% for XRLX. Worst drawdown: SPY -56.5% vs XRLX -15.3%.
Should I hold both SPY and XRLX?
SPY and XRLX have a monthly-return correlation of 0.96, 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 XRLX?
SPY and XRLX share 0 common holdings with a 0.0% weight overlap. Combined, they hold 524 unique securities.
Which pays a higher dividend, SPY or XRLX?
SPY yields 1.01% while XRLX yields 2.65%, so XRLX currently pays the higher dividend yield.
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