BEDY vs SPY
BNY Mellon Enhanced Dividend and Income ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, BEDY or SPY?
Large Cap Value against Large Cap Blend.
SPY has a lower expense ratio. BEDY led over 1Y.
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 | BEDY | SPY |
|---|---|---|
| Expense Ratio | 0.50% | 0.09%Best |
| AUM | $259M | $811.2B |
| Dividend Yield | 4.50% | 0.98% |
| Holdings | 121 | 1,515 |
| YTD Return | +14.57% | +14.77%Best |
| 1Y Return | - | +18.61% |
| 3Y Return (annualized) | - | +22.83% |
| 5Y Return (annualized) | - | +13.84% |
| Fund Family | BNY Mellon Investment Management | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Dec 8, 2025 | Jan 22, 1993 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
BEDY vs SPY 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
BEDY vs SPY Performance
BNY Mellon Enhanced Dividend and Income ETF (BEDY) is an ETF from BNY Mellon Investment Management and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Year to date, BEDY is up 14.57% versus a gain of 14.77% for SPY.
Past performance does not guarantee future results.
Fees and Cost Over Time
BEDY charges 0.50% per year while SPY charges 0.09%. On a $10,000 position that is $50 vs $9 annually, a gap of $41 per year that compounds over a long holding period. On income, BEDY currently yields 4.50% against 0.98% for SPY.
Holdings Overlap
At least 18.2% of SPY's money is in holdings BEDY also owns.
Stated as a floor: for BEDY, our book for it covers 90.3% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
SPY and BEDY share little of their money.
50 positions in common, counted across the 57 positions we hold weights for in BEDY and 504 in SPY, against full books of 121 and 1,515.
Top Shared Holdings
| Stock | Weight in BEDY | Weight in SPY | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 5.05% | 5.71% | 0.66% |
| JPMJpmorgan Chase | 4.03% | 1.43% | 2.60% |
| JNJJohnson & Johnson - Common | 2.71% | 0.98% | 1.73% |
| CSCOCisco Systems Inc. - Ordinary Shares | 2.83% | 0.66% | 2.17% |
| UNHUnitedhealth Group Incorporated | 2.80% | 0.53% | 2.27% |
| TAT&T Inc | 3.04% | 0.28% | 2.76% |
| FITBFifth Third Bancorp | 3.15% | 0.07% | 3.08% |
| SLBSchlumberger Nv. | 2.76% | 0.12% | 2.64% |
| AIZAssurant, Inc. | 2.58% | 0.02% | 2.56% |
| CLColgate-Palmolive Co | 2.29% | 0.11% | 2.18% |
You are not choosing between two funds in isolation.
Whichever of BEDY and SPY 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, BEDY or SPY?
BEDY has an expense ratio of 0.50% while SPY charges 0.09%. SPY is the cheaper option, by $41 a year on a $10,000 investment.
What is the holdings overlap between BEDY and SPY?
At least 18.2% of SPY's money is in holdings BEDY also owns. Our book for BEDY is partial, so the real figure is this or higher. They hold 50 positions in common, counted across the 57 positions we hold weights for in BEDY and 504 in SPY.
Which pays a higher dividend, BEDY or SPY?
BEDY yields 4.50% while SPY yields 0.98%, so BEDY currently pays the higher dividend yield.
Is SPY better than BEDY?
SPY has a lower expense ratio. BEDY led over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.