SPY vs SPY: Performance, Holdings, Fees & Risk
SPY and SPY are ETFs, but they can differ materially in exposure, yield, fees and risk. SPY is State Street SPDR S&P 500 ETF, while SPY is State Street SPDR S&P 500 ETF.
| Metric | SPY | SPY |
|---|---|---|
| Performance | ||
| 1Y return | +16.4% | +16.4% |
| YTD return | +12.8% | +12.8% |
| 5Y annualized returnPrice return, distributions excluded | +11.2% | +11.2% |
| Risk | ||
| Max drawdown (5Y)Price return, distributions excluded | -25.4% | -25.4% |
| AlgovestIQ | ||
| AIQ Score | 66/100 | 66/100 |
| AIQ Edge Score | 9/10 | 9/10 |
| Momentum | 63/100 | 63/100 |
| Risk Resilience | 88/100 | 88/100 |
AlgovestIQ AIQ Comparison
State Street SPDR S&P 500 ETF vs State Street SPDR S&P 500 ETF
SPY and SPY are effectively level
SPY and SPY are effectively level on the AIQ Score; the factor table below shows where each one holds its advantage.
State Street SPDR S&P 500 ETF
State Street SPDR S&P 500 ETF
The Algovestiq AIQ Score does not currently separate SPY and SPY as of Oct 21, 2026. Both names are scored on the same 0–100 scale across Quality, Value, Momentum and Risk Resilience, and the factor table below shows where each one holds its advantage.
Compare State Street SPDR S&P 500 ETF and State Street SPDR S&P 500 ETF across performance, expense ratio, dividend yield, drawdown, volatility and the Algovestiq AIQ Score.
Performance over time
Price return from daily closes; distributions are not included.
Price return comparison
Growth of $10,000, price only
Split-adjusted closes only. Distributions are excluded, which understates the return of any fund or stock that pays them.
Compare SPY and SPY against another ticker
Open a multi-ticker workspace without changing this focused pair page.
AIQ Factor Divergence
Where the two separate, on the four dimensions behind the AIQ Score. Bars read outward from a shared zero: further from the centre is a wider gap.
- Quality84 vs 84Even
- Value41 vs 41Even
- Momentum63 vs 63Even
- Risk Resilience88 vs 88Even
Neither name separates cleanly on the covered dimensions.
SPY vs SPY: five-year payout growth
SPY and SPY grew their split-adjusted payouts at the same rate over 2020-2025, 5.05% a year. Neither fund reduced its annual distribution in any year of the window.
| Dividend metric | SPY | SPY |
|---|---|---|
| 5Y payout CAGR | 5.05% | 5.05% |
| 2020 annual payout | $5.691 | $5.691 |
| 2025 annual payout | $7.281 | $7.281 |
| Calendar-year declines | 0 | 0 |
| Peer rank | #95 of 138 | #95 of 138 |
Split-adjusted annual distributions, 2020–2025. Research as of Sep 19, 2026. Yield and expense ratio above are current values, not part of this window.
AIQ Agreement Matrix
How each independent group of evidence reads the pair.
| Evidence group | Favors | Reading |
|---|---|---|
| AIQ Score | Even | 66 vs 66 |
| Fundamentals | Not covered | Not covered |
| Valuation | Even | Value 41 vs 41 |
| Technicals | Even | Price vs 50-day 0.6% vs 0.6%; vs 200-day 5.9% vs 5.9% |
| Risk Resilience | Even | Risk Resilience 88 vs 88 |
| Analyst expectations | Not covered | Not covered |
AIQ Decision Stability
The conclusion is sensitive to small changes. Treat the lead as provisional and watch the flip conditions below.
- The AIQ gap is narrow at 0 points. (argues the conclusion is provisional)
- Only 0 of 4 covered evidence groups agree. (argues the conclusion is provisional)
The full evidence
Every number behind the verdict. The leader is called above each group so you are not left to solve it from the table.
Performance
Split across windows| Metric | SPY | SPY |
|---|---|---|
| 1 week (5 sessions) | -1.2% | -1.2% |
| 1 month (20 sessions) | -0.6% | -0.6% |
| 3 months (63 sessions) | 2.9% | 2.9% |
| 6 months (126 sessions) | 9.2% | 9.2% |
| Year to date | 12.8% | 12.8% |
| 1 year (252 sessions) | 16.4% | 16.4% |
Technicals
Split| Metric | SPY | SPY |
|---|---|---|
| RSI (14) | 56.2 | 56.2 |
| ADX (14) | 12.5 | 12.5 |
| Price vs 50-day | 0.6% | 0.6% |
| Price vs 200-day | 5.9% | 5.9% |
| Volatility (1M, annualized) | 9% | 9% |
Straight answers
Short answers to the questions fund investors ask about this pair, from the figures above.
Which ETF has had the smaller drawdown?
Their worst peak-to-trough falls over the past five years are similar: -25.4% for SPY and -25.4% for SPY.
Compare SPY and SPY with others
Continue your research
This page answers which of the two. These answer the questions on either side of it.
How this comparison is scored
The Algovestiq AIQ Score composites four factors — Quality, Value, Momentum and Risk, each carrying a fixed weight. Sentiment is reported separately as SentimentPulse and is not folded into the composite. Scores refresh every trading day, and this page regenerates from the latest snapshot rather than being written once.
The verdict names a leader, states how broadly six independent evidence groups agree, and rates how durable that conclusion is given the score gap, its recent trajectory and the current signal state on both names.
How to use side-by-side comparison →This comparison is informational and educational, not investment advice. AIQ scores update daily; re-check after earnings, guidance or macro data that materially changes either name’s factor profile.