AIEQ vs SPYT
Amplify AI Powered Equity ETF vs Defiance S&P 500 Income Target ETF
Which is better, AIEQ or SPYT?
SPYT has been ahead.
AIEQ has a lower expense ratio. SPYT led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.91.
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 | AIEQ | SPYT |
|---|---|---|
| Expense Ratio | 0.75%Best | 0.92% |
| AUM | $116M | $170M |
| Dividend Yield | 0.40% | 20.83% |
| Holdings | 326 | 10 |
| YTD Return | +9.72% | +12.99%Best |
| 1Y Return | +10.97% | +15.90%Best |
| 3Y Return (annualized) | +18.64% | - |
| 5Y Return (annualized) | +3.86% | - |
| Volatility (annualized) | 14.6% | 10.7%Best |
| Max Drawdown | -24.2% | -18.3%Best |
| $10,000 over 2.6 years | $13,842 | $14,369Best |
| Fund Family | Amplify ETFs | Defiance ETFs, LLC |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Oct 17, 2017 | Mar 7, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Mar 7, 2024 to Oct 14, 2026 (2.6 years).
AIEQ vs SPYT 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 2.6 years both funds cover.
AIEQ vs SPYT Performance
Amplify AI Powered Equity ETF (AIEQ) is an ETF from Amplify ETFs and Defiance S&P 500 Income Target ETF (SPYT) is an ETF from Defiance ETFs, LLC. Over the past year AIEQ returned +10.97% while SPYT returned +15.90%. Year to date, AIEQ is up 9.72% versus a gain of 12.99% for SPYT.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AIEQ has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 10.7% for SPYT. 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 -24.2% for AIEQ and -18.3% for SPYT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
AIEQ charges 0.75% per year while SPYT charges 0.92%. On a $10,000 position that is $75 vs $92 annually, a gap of $17 per year that compounds over a long holding period. On income, AIEQ currently yields 0.40% against 20.83% for SPYT.
Holdings Overlap
We hold position weights for 163 holdings in AIEQ and 1 in SPYT, totalling 100.1% and 99.7% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 163 positions we hold weights for in AIEQ and 1 in SPYT, against full books of 326 and 10.
You are not choosing between two funds in isolation.
Whichever of AIEQ and SPYT you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AIEQ or SPYT?
AIEQ has an expense ratio of 0.75% while SPYT charges 0.92%. AIEQ is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, AIEQ or SPYT?
Over the past year AIEQ returned +10.97% vs +15.90% for SPYT, so SPYT leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AIEQ or SPYT?
AIEQ has been the more volatile fund at 14.6% annualized versus 10.7% for SPYT. Worst drawdown: AIEQ -24.2% vs SPYT -18.3%.
Should I hold both AIEQ and SPYT?
AIEQ and SPYT have a monthly-return correlation of 0.91, 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.
Which pays a higher dividend, AIEQ or SPYT?
AIEQ yields 0.40% while SPYT yields 20.83%, so SPYT currently pays the higher dividend yield.
Is SPYT better than AIEQ?
AIEQ has a lower expense ratio. SPYT led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.91. Which one suits a particular account depends on what it is for. This is information, not a recommendation.