DRKY vs SPY
VistaShares Target 15 DRUKMacro Distribution ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, DRKY or SPY?
Multi Alternative against Large Cap Blend.
SPY has a lower expense ratio. DRKY led over 1Y and the full window. SPY is less concentrated, with 38.2% of the fund in its ten largest positions against 71.3%.
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 | DRKY | SPY |
|---|---|---|
| Expense Ratio | 0.95% | 0.09%Best |
| AUM | $21M | $823.2B |
| Dividend Yield | 14.12% | 0.99% |
| Holdings | 70 | 1,515 |
| YTD Return | +8.87% | +13.85%Best |
| 1Y Return | +22.87%Best | +17.28% |
| 3Y Return (annualized) | - | +22.45% |
| 5Y Return (annualized) | - | +13.10% |
| Volatility (annualized) | 16.9% | 13.1%Best |
| Max Drawdown | -15.7% | -8.9%Best |
| $10,000 over 1 years | $12,175Best | $11,559 |
| Top 10 Weight | 71.3% | 38.2%Best |
| Fund Family | VistaShares | State Street Investment Management |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Oct 8, 2025 | Jan 22, 1993 |
Volatility and max drawdown, and the $10,000 over 1 years row, are measured over the window both funds cover: Oct 8, 2025 to Oct 15, 2026 (1 years).
DRKY 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 covers the 1 years both funds cover.
DRKY vs SPY Performance
VistaShares Target 15 DRUKMacro Distribution ETF (DRKY) is an ETF from VistaShares and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year DRKY returned +22.87% while SPY returned +17.28%. Year to date, DRKY is up 8.87% versus a gain of 13.85% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DRKY has been the more volatile fund, with annualized monthly volatility of 16.9% compared with 13.1% for SPY. 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 -15.7% for DRKY and -8.9% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.45. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DRKY charges 0.95% per year while SPY charges 0.09%. On a $10,000 position that is $95 vs $9 annually, a gap of $86 per year that compounds over a long holding period. On income, DRKY currently yields 14.12% against 0.99% for SPY.
Holdings Overlap
34.5% of DRKY's money is in holdings SPY also owns. 9.3% of SPY's money is in holdings DRKY also owns.
The two portfolios partly overlap.
10 positions in common, counted across the 21 positions we hold weights for in DRKY and 504 in SPY, against full books of 70 and 1,515.
What only one of them owns
Our book lists 488 positions for SPY that do not appear in our book for DRKY (90.0% of the fund), and 5 for DRKY that do not appear in SPY (36.1%).
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 DRKY | Weight in SPY | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 4.46% | 3.78% | 0.68% |
| GOOGLAlphabet Inc | 4.49% | 3.12% | 1.37% |
| STXSeagate Technolo | 4.28% | 0.27% | 4.01% |
| FOXAFox Corp. Class A | 4.18% | 0.02% | 4.16% |
| CDWCDW Corporation | 4.11% | 0.03% | 4.08% |
| UALUnited Airlines Holdings Inc. | 3.78% | 0.05% | 3.73% |
| TSLATesla Inc | 2.06% | 1.54% | 0.52% |
| SNDKVSandisk Corp. | 3.08% | 0.35% | 2.73% |
| CRH:LNCrh Plc - Common | 2.05% | 0.09% | 1.96% |
| DALDl Co., Ltd. | 2.01% | 0.08% | 1.93% |
34.5% of DRKY is already inside SPY.
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, DRKY or SPY?
DRKY has an expense ratio of 0.95% while SPY charges 0.09%. SPY is the cheaper option, by $86 a year on a $10,000 investment.
Which performed better, DRKY or SPY?
Over the past year DRKY returned +22.87% vs +17.28% for SPY, so DRKY leads on 1-year performance. Over the longest common window we track (1 years), DRKY annualized +21.75% vs +15.59% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DRKY or SPY?
DRKY has been the more volatile fund at 16.9% annualized versus 13.1% for SPY. Worst drawdown: DRKY -15.7% vs SPY -8.9%.
Should I hold both DRKY and SPY?
DRKY and SPY have a monthly-return correlation of 0.45, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between DRKY and SPY?
34.5% of DRKY's money is in holdings SPY also owns. 9.3% of SPY's is in holdings DRKY also owns. They hold 10 positions in common, counted across the 21 positions we hold weights for in DRKY and 504 in SPY.
Which pays a higher dividend, DRKY or SPY?
DRKY yields 14.12% while SPY yields 0.99%, so DRKY currently pays the higher dividend yield.
Is SPY better than DRKY?
SPY has a lower expense ratio. DRKY led over 1Y and the full window. SPY is less concentrated, with 38.2% of the fund in its ten largest positions against 71.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.