SPY vs YBMN

Quick Verdict

SPY has a lower expense ratio. SPY offers more diversification with 505 holdings.

Lower Fees: SPYHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricSPYYBMNWinner
Expense Ratio0.09%0.85%
AUM$789.1B$3M
Dividend Yield1.01%62.99%
Holdings5056
YTD Return+14.47%-28.54%
1Y Return+21.96%-
3Y Return (annualized)+21.70%-
5Y Return (annualized)+13.30%-
Volatility (annualized)15.3%-
Max Drawdown-56.5%-57.0%
Fund FamilyState Street Investment ManagementDefiance ETFs, LLC
CategoryEquityAlternative
InceptionJan 22, 1993Nov 24, 2025

SPY vs YBMN Performance

State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management and Defiance BMNR Option Income ETF (YBMN) is a ETF from Defiance ETFs, LLC. Year to date, SPY is up 14.47% versus a loss of 28.54% for YBMN.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -56.5% for SPY and -57.0% for YBMN. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

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 1.01% against 62.99% for YBMN.

Holdings Overlap

0.0%overlap

SPY and YBMN share 0 holdings out of 504 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 YBMN?

SPY has an expense ratio of 0.09% while YBMN charges 0.85%. SPY is the cheaper option. On a $10,000 investment, that is $76 per year of difference.

What is the holdings overlap between SPY and YBMN?

SPY and YBMN share 0 common holdings with a 0.0% weight overlap. Combined, they hold 504 unique securities.

Which pays a higher dividend, SPY or YBMN?

SPY yields 1.01% while YBMN yields 62.99%, so YBMN currently pays the higher dividend yield.

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