ACVF vs SPYM
American Conservative Values ETF vs State Street SPDR Portfolio S&P 500 ETF
Which is better, ACVF 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 0.98. ACVF is less concentrated, with 28.8% 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 | ACVF | SPYM |
|---|---|---|
| Expense Ratio | 0.75% | 0.02%Best |
| AUM | $155M | $185.2B |
| Dividend Yield | 0.49% | 1.01% |
| Holdings | 778 | 509 |
| YTD Return | +11.40% | +13.57%Best |
| 1Y Return | +12.34% | +17.53%Best |
| 3Y Return (annualized) | +18.66% | +22.46%Best |
| 5Y Return (annualized) | +11.53% | +13.29%Best |
| Volatility (annualized) | 14.7%Best | 15.3% |
| Max Drawdown | -24.4%Best | -24.5% |
| $10,000 over 5 years | $17,257 | $18,662Best |
| Top 10 Weight | 28.8%Best | 39.0% |
| Fund Family | ACV ETFs | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 28, 2020 | Nov 8, 2005 |
Volatility and max drawdown are measured over the window both funds cover: Oct 29, 2020 to Oct 14, 2026 (6 years).
ACVF 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 years both funds cover.
ACVF vs SPYM Performance
American Conservative Values ETF (ACVF) is an ETF from ACV ETFs and State Street SPDR Portfolio S&P 500 ETF (SPYM) is an ETF from State Street Investment Management. Over the past year ACVF returned +12.34% while SPYM returned +17.53%. Year to date, ACVF is up 11.40% versus a gain of 13.57% for SPYM.
Over three years, ACVF compounded at +18.66% per year against +22.46% for SPYM; over five years the annualized figures are +11.53% and +13.29% respectively. Across the full 6-year window we track, SPYM has the edge at +16.86% annualized vs +15.29%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPYM has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 14.7% for ACVF. 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 -24.4% for ACVF 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 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
ACVF charges 0.75% per year while SPYM charges 0.02%. On a $10,000 position that is $75 vs $2 annually, a gap of $73 per year that compounds over a long holding period. On income, ACVF currently yields 0.49% against 1.01% for SPYM.
Holdings Overlap
96.7% of ACVF's money is in holdings SPYM also owns. 64.9% of SPYM's money is in holdings ACVF also owns.
Most of ACVF is already inside SPYM. Owning both mostly buys the same companies twice.
336 positions in common, counted across the 387 positions we hold weights for in ACVF and 505 in SPYM, against full books of 778 and 509.
What only one of them owns
Our book lists 164 positions for SPYM that do not appear in our book for ACVF (34.6% of the fund), and 40 for ACVF that do not appear in SPYM (3.0%).
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 ACVF | Weight in SPYM | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.46% | 8.49% | 0.03% |
| MSFTMicrosoft Corp | 5.34% | 5.76% | 0.42% |
| AVGOBroadcom Inc | 2.52% | 2.53% | 0.01% |
| MUMicron Technology, Inc. | 1.69% | 1.82% | 0.13% |
| CSCOCisco Systems Inc. - Ordinary Shares | 2.72% | 0.66% | 2.06% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 1.66% | 1.40% | 0.26% |
| LLYEli Lilly & Co. | 1.63% | 1.37% | 0.26% |
| AMDAdvanced Micro Devices Inc | 1.41% | 1.55% | 0.14% |
| TSLATesla Inc | 1.19% | 1.57% | 0.38% |
| XOMExxonmobil Corp. | 1.65% | 1.01% | 0.64% |
96.7% of ACVF 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, ACVF or SPYM?
ACVF has an expense ratio of 0.75% while SPYM charges 0.02%. SPYM is the cheaper option, by $73 a year on a $10,000 investment.
Which performed better, ACVF or SPYM?
Over the past year ACVF returned +12.34% vs +17.53% for SPYM, so SPYM leads on 1-year performance. Over the longest common window we track (6 years), ACVF annualized +15.29% vs +16.86% for SPYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ACVF or SPYM?
SPYM has been the more volatile fund at 15.3% annualized versus 14.7% for ACVF. Worst drawdown: ACVF -24.4% vs SPYM -24.5%.
Should I hold both ACVF and SPYM?
ACVF and SPYM have a monthly-return correlation of 0.98, 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 ACVF and SPYM?
96.7% of ACVF's money is in holdings SPYM also owns. 64.9% of SPYM's is in holdings ACVF also owns. They hold 336 positions in common, counted across the 387 positions we hold weights for in ACVF and 505 in SPYM.
Which pays a higher dividend, ACVF or SPYM?
ACVF yields 0.49% while SPYM yields 1.01%, so SPYM currently pays the higher dividend yield.
Is SPYM better than ACVF?
SPYM has a lower expense ratio. SPYM led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.98. ACVF is less concentrated, with 28.8% 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.