SPY vs ZCBB

Quick Verdict

ZCBB has a lower expense ratio. SPY offers more diversification with 503 holdings.

Lower Fees: ZCBBHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricSPYZCBBWinner
Expense Ratio0.09%0.07%
AUM$789.1B$976,087.84
Dividend Yield1.01%1.56%
Holdings5056
YTD Return+13.68%-0.97%
1Y Return+21.53%-
3Y Return (annualized)+21.44%-
5Y Return (annualized)+13.18%-
Volatility (annualized)15.3%-
Max Drawdown-56.5%-3.0%
Fund FamilyState Street Investment ManagementGlobal X by mirae Asset
CategoryEquityFixed Income
InceptionJan 22, 1993Jan 6, 2026

SPY vs ZCBB Performance

State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management and Global X Zero Coupon Bond 2031 ETF (ZCBB) is a ETF from Global X by mirae Asset. Year to date, SPY is up 13.68% versus a loss of 0.97% for ZCBB.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -56.5% for SPY and -3.0% for ZCBB. 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 ZCBB charges 0.07%. On a $10,000 position that is $9 vs $7 annually, a gap of $2 per year that compounds over a long holding period. On income, SPY currently yields 1.01% against 1.56% for ZCBB.

Frequently Asked Questions

Which is cheaper, SPY or ZCBB?

SPY has an expense ratio of 0.09% while ZCBB charges 0.07%. ZCBB is the cheaper option. On a $10,000 investment, that is $2 per year of difference.

Which pays a higher dividend, SPY or ZCBB?

SPY yields 1.01% while ZCBB yields 1.56%, so ZCBB currently pays the higher dividend yield.

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