SPY vs YBMN
State Street SPDR S&P 500 ETF Trust vs Defiance BMNR Option Income ETF
Which is better, SPY or YBMN?
Large Cap Blend against Option Writing.
SPY has a lower expense ratio.
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 | YBMN |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.85% |
| AUM | $804.7B | $3M |
| Dividend Yield | 0.98% | 55.77% |
| Holdings | 505 | 12 |
| Fund Family | State Street Investment Management | Defiance ETFs, LLC |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Option Writing |
| Inception | Jan 22, 1993 | Nov 24, 2025 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
The two price series end 29 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. SPY has data through Sep 18, 2026 and YBMN through Aug 20, 2026.
Fees and Cost Over Time
SPY charges 0.09% per year while YBMN 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 55.77% for YBMN.
Holdings Overlap
We hold position weights for 504 holdings in SPY and 1 in YBMN, totalling 99.9% and 8.1% 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 1 in YBMN, against full books of 505 and 12.
You are not choosing between two funds in isolation.
Whichever of SPY and YBMN 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 YBMN?
SPY has an expense ratio of 0.09% while YBMN charges 0.85%. SPY is the cheaper option, by $76 a year on a $10,000 investment.
Which pays a higher dividend, SPY or YBMN?
SPY yields 0.98% while YBMN yields 55.77%, so YBMN currently pays the higher dividend yield.
Is YBMN better than SPY?
SPY has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.