SPYM vs WBIL
State Street SPDR Portfolio S&P 500 ETF vs WBI BullBear Quality 3000 ETF
Which is better, SPYM or WBIL?
SPYM has been ahead.
SPYM has a lower expense ratio. SPYM led over 1Y, 3Y, 5Y and the full window. WBIL is less concentrated, with 23.3% of the fund in its ten largest positions against 38.8%.
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 | SPYM | WBIL |
|---|---|---|
| Expense Ratio | 0.02%Best | 1.55% |
| AUM | $178.8B | $28M |
| Dividend Yield | 1.02% | 0.04% |
| Holdings | 1,017 | 125 |
| YTD Return | +12.12%Best | +8.25% |
| 1Y Return | +12.53%Best | +7.18% |
| 3Y Return (annualized) | +21.53%Best | +9.15% |
| 5Y Return (annualized) | +11.93%Best | +4.55% |
| Volatility (annualized) | 14.9% | 11.9%Best |
| Max Drawdown | -34.3% | -25.3%Best |
| $10,000 over 5 years | $17,568Best | $12,492 |
| Top 10 Weight | 38.8% | 23.3%Best |
| Fund Family | State Street Investment Management | WBI Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 8, 2005 | Aug 25, 2014 |
Volatility and max drawdown are measured over the window both funds cover: Aug 27, 2014 to Nov 11, 2026 (12.2 years).
SPYM vs WBIL 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 covers the 12.2 years both funds cover.
SPYM vs WBIL Performance
State Street SPDR Portfolio S&P 500 ETF (SPYM) is an ETF from State Street Investment Management and WBI BullBear Quality 3000 ETF (WBIL) is an ETF from WBI Investments. Over the past year SPYM returned +12.53% while WBIL returned +7.18%. Year to date, SPYM is up 12.12% versus a gain of 8.25% for WBIL.
Over three years, SPYM compounded at +21.53% per year against +9.15% for WBIL; over five years the annualized figures are +11.93% and +4.55% respectively. Across the full 12-year window we track, SPYM has the edge at +12.24% annualized vs +4.05%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPYM has been the more volatile fund, with annualized monthly volatility of 14.9% compared with 11.9% for WBIL. 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 -34.3% for SPYM and -25.3% for WBIL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SPYM charges 0.02% per year while WBIL charges 1.55%. On a $10,000 position that is $2 vs $155 annually, a gap of $153 per year that compounds over a long holding period. On income, SPYM currently yields 1.02% against 0.04% for WBIL.
Holdings Overlap
16.5% of SPYM's money is in holdings WBIL also owns. 80.6% of WBIL's money is in holdings SPYM also owns.
Most of WBIL is already inside SPYM. Owning both mostly buys the same companies twice.
48 positions in common, counted across the 505 positions we hold weights for in SPYM and 56 in WBIL, against full books of 1,017 and 125.
What only one of them owns
Our book lists 6 positions for WBIL that do not appear in our book for SPYM (11.7% of the fund), and 452 for SPYM that do not appear in WBIL (83.1%).
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.
Top Shared Holdings
| Stock | Weight in SPYM | Weight in WBIL | Difference |
|---|---|---|---|
| METAMeta Platforms Inc | 2.44% | 1.65% | 0.79% |
| MUMicron Technology, Inc. | 1.55% | 1.95% | 0.40% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 1.47% | 1.99% | 0.52% |
| VVisa Inc Class A | 1.00% | 2.08% | 1.08% |
| AMDAdvanced Micro Devices Inc | 1.40% | 1.54% | 0.14% |
| KOCoca Cola Co. | 0.53% | 2.14% | 1.61% |
| AMGNAmgen Inc. | 0.35% | 2.22% | 1.87% |
| DELLDell Technologies Inc | 0.23% | 2.32% | 2.09% |
| PSXPhillips 66 | 0.18% | 2.32% | 2.14% |
| VEEVVeeva Systems Inc | 0.07% | 2.37% | 2.30% |
80.6% of WBIL is already inside SPYM.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SPYM or WBIL?
SPYM has an expense ratio of 0.02% while WBIL charges 1.55%. SPYM is the cheaper option, by $153 a year on a $10,000 investment.
Which performed better, SPYM or WBIL?
Over the past year SPYM returned +12.53% vs +7.18% for WBIL, so SPYM leads on 1-year performance. Over the longest common window we track (12 years), SPYM annualized +12.24% vs +4.05% for WBIL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SPYM or WBIL?
SPYM has been the more volatile fund at 14.9% annualized versus 11.9% for WBIL. Worst drawdown: SPYM -34.3% vs WBIL -25.3%.
Should I hold both SPYM and WBIL?
SPYM and WBIL have a monthly-return correlation of 0.76, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between SPYM and WBIL?
80.6% of WBIL's money is in holdings SPYM also owns. 80.6% of WBIL's is in holdings SPYM also owns. They hold 48 positions in common, counted across the 505 positions we hold weights for in SPYM and 56 in WBIL.
Which pays a higher dividend, SPYM or WBIL?
SPYM yields 1.02% while WBIL yields 0.04%, so SPYM currently pays the higher dividend yield.
Is WBIL better than SPYM?
SPYM has a lower expense ratio. SPYM led over 1Y, 3Y, 5Y and the full window. WBIL is less concentrated, with 23.3% of the fund in its ten largest positions against 38.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.