ACLC vs SPYM
American Century Large Cap Equity ETF vs State Street SPDR Portfolio S&P 500 ETF
Which is better, ACLC or SPYM?
Nearly the same fund. SPYM costs less.
SPYM has a lower expense ratio. SPYM led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.99. ACLC is less concentrated, with 38.7% of the fund in its ten largest positions against 39.0%.
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 | ACLC | SPYM |
|---|---|---|
| Expense Ratio | 0.39% | 0.02%Best |
| AUM | $336M | $185.2B |
| Dividend Yield | 0.56% | 1.01% |
| Holdings | 101 | 509 |
| YTD Return | +10.23% | +13.57%Best |
| 1Y Return | +13.17% | +17.53%Best |
| 3Y Return (annualized) | +17.50% | +22.46%Best |
| 5Y Return (annualized) | +9.85% | +13.29%Best |
| Volatility (annualized) | 15.9% | 15.3%Best |
| Max Drawdown | -26.4% | -24.5%Best |
| $10,000 over 5 years | $15,996 | $18,662Best |
| Top 10 Weight | 38.7%Best | 39.0% |
| Fund Family | American Century Investments | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 15, 2020 | Nov 8, 2005 |
Volatility and max drawdown are measured over the window both funds cover: Jul 15, 2020 to Oct 14, 2026 (6.2 years).
ACLC vs SPYM 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 6.2 years both funds cover.
ACLC vs SPYM Performance
American Century Large Cap Equity ETF (ACLC) is an ETF from American Century Investments and State Street SPDR Portfolio S&P 500 ETF (SPYM) is an ETF from State Street Investment Management. Over the past year ACLC returned +13.17% while SPYM returned +17.53%. Year to date, ACLC is up 10.23% versus a gain of 13.57% for SPYM.
Over three years, ACLC compounded at +17.50% per year against +22.46% for SPYM; over five years the annualized figures are +9.85% and +13.29% respectively. Across the full 6-year window we track, SPYM has the edge at +16.49% annualized vs +13.81%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ACLC has been the more volatile fund, with annualized monthly volatility of 15.9% compared with 15.3% for SPYM. 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 -26.4% for ACLC and -24.5% for SPYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
ACLC charges 0.39% per year while SPYM charges 0.02%. On a $10,000 position that is $39 vs $2 annually, a gap of $37 per year that compounds over a long holding period. On income, ACLC currently yields 0.56% against 1.01% for SPYM.
Holdings Overlap
97.5% of ACLC's money is in holdings SPYM also owns. 60.2% of SPYM's money is in holdings ACLC also owns.
Most of ACLC is already inside SPYM. Owning both mostly buys the same companies twice.
94 positions in common, counted across the 100 positions we hold weights for in ACLC and 505 in SPYM, against full books of 101 and 509.
What only one of them owns
Our book lists 404 positions for SPYM that do not appear in our book for ACLC (39.1% of the fund), and 4 for ACLC that do not appear in SPYM (1.0%).
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 ACLC | Weight in SPYM | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.10% | 8.49% | 0.39% |
| AAPLApple, Inc | 4.75% | 7.30% | 2.55% |
| MSFTMicrosoft Corp | 5.54% | 5.76% | 0.22% |
| GOOGLAlphabet Inc | 6.53% | 3.02% | 3.51% |
| AMZNAmazon.Com Inc | 3.41% | 3.70% | 0.29% |
| AVGOBroadcom Inc | 3.27% | 2.53% | 0.74% |
| METAMeta Platforms Inc | 1.52% | 2.41% | 0.89% |
| MUMicron Technology, Inc. | 2.06% | 1.82% | 0.24% |
| LLYEli Lilly & Co. | 1.65% | 1.37% | 0.28% |
| TSLATesla Inc | 1.41% | 1.57% | 0.16% |
97.5% of ACLC 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, ACLC or SPYM?
ACLC has an expense ratio of 0.39% while SPYM charges 0.02%. SPYM is the cheaper option, by $37 a year on a $10,000 investment.
Which performed better, ACLC or SPYM?
Over the past year ACLC returned +13.17% vs +17.53% for SPYM, so SPYM leads on 1-year performance. Over the longest common window we track (6 years), ACLC annualized +13.81% vs +16.49% for SPYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ACLC or SPYM?
ACLC has been the more volatile fund at 15.9% annualized versus 15.3% for SPYM. Worst drawdown: ACLC -26.4% vs SPYM -24.5%.
Should I hold both ACLC and SPYM?
ACLC and SPYM have a monthly-return correlation of 0.99, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between ACLC and SPYM?
97.5% of ACLC's money is in holdings SPYM also owns. 60.2% of SPYM's is in holdings ACLC also owns. They hold 94 positions in common, counted across the 100 positions we hold weights for in ACLC and 505 in SPYM.
Which pays a higher dividend, ACLC or SPYM?
ACLC yields 0.56% while SPYM yields 1.01%, so SPYM currently pays the higher dividend yield.
Is SPYM better than ACLC?
SPYM has a lower expense ratio. SPYM led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.99. ACLC is less concentrated, with 38.7% of the fund in its ten largest positions against 39.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.