SPY vs XUSM
State Street SPDR S&P 500 ETF Trust vs MarketDesk International Momentum ETF
Which is better, SPY or XUSM?
SPY costs less.
SPY has a lower expense ratio. XUSM is less concentrated, with 23.4% 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 | XUSM |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.75% |
| AUM | $823.2B | $13M |
| Dividend Yield | 0.99% | 0.00% |
| Holdings | 1,515 | 51 |
| YTD Return | +13.85%Best | -4.04% |
| 1Y Return | +17.28% | - |
| 3Y Return (annualized) | +22.45% | - |
| 5Y Return (annualized) | +13.10% | - |
| Top 10 Weight | 38.2% | 23.4%Best |
| Fund Family | State Street Investment Management | MarketDesk Indices |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jan 22, 1993 | Sep 15, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
SPY vs XUSM 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
SPY vs XUSM Performance
State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and MarketDesk International Momentum ETF (XUSM) is an ETF from MarketDesk Indices. Year to date, SPY is up 13.85% versus a loss of 4.04% for XUSM.
Past performance does not guarantee future results.
Fees and Cost Over Time
SPY charges 0.09% per year while XUSM charges 0.75%. On a $10,000 position that is $9 vs $75 annually, a gap of $66 per year that compounds over a long holding period. On income, SPY currently yields 0.99% against 0.00% for XUSM.
Holdings Overlap
We hold position weights for 504 holdings in SPY and 51 in XUSM, totalling 99.8% and 99.8% 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 51 in XUSM, against full books of 1,515 and 51.
What only one of them owns
Our book lists 6 positions for XUSM that do not appear in our book for SPY (9.9% of the fund), and 497 for SPY that do not appear in XUSM (99.2%).
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.
You are not choosing between two funds in isolation.
Whichever of SPY and XUSM 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 XUSM?
SPY has an expense ratio of 0.09% while XUSM charges 0.75%. SPY is the cheaper option, by $66 a year on a $10,000 investment.
Which pays a higher dividend, SPY or XUSM?
SPY yields 0.99% while XUSM yields 0.00%, so SPY currently pays the higher dividend yield.
Is XUSM better than SPY?
SPY has a lower expense ratio. XUSM is less concentrated, with 23.4% 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.