EERN vs SPY
DriveWealth Power Saver ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, EERN or SPY?
Diversified Sectoral Bond against Large Cap Blend.
EERN led over the full window, SPY 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 | EERN | SPY |
|---|---|---|
| Expense Ratio | - | 0.09% |
| AUM | $167,623.35 | $823.2B |
| Dividend Yield | 545.96% | 0.99% |
| Holdings | 13 | 1,515 |
| Volatility (annualized) | 17.8%Best | 19.6% |
| Max Drawdown | -21.8%Best | -23.0% |
| $10,000 over 1.1 years | $9,611Best | $9,295 |
| Fund Family | DRIVE WEALTH | State Street Investment Management |
| Category | Fixed Income | Equity |
| Style | Diversified Sectoral Bond | Large Cap Blend |
| Inception | Jul 26, 2021 | Jan 22, 1993 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 1507 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. EERN has data through Aug 29, 2022 and SPY through Oct 14, 2026.
Volatility and max drawdown, and the $10,000 over 1.1 years row, are measured over the window both funds cover: Jul 27, 2021 to Aug 29, 2022 (1.1 years).
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 19.6% compared with 17.8% for EERN. 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 -21.8% for EERN and -23.0% 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 0.81. They usually move together, but the gap leaves some room for diversification.
You are not choosing between two funds in isolation.
Whichever of EERN 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 riskier, EERN or SPY?
SPY has been the more volatile fund at 19.6% annualized versus 17.8% for EERN. Worst drawdown: EERN -21.8% vs SPY -23.0%.
Should I hold both EERN and SPY?
EERN and SPY have a monthly-return correlation of 0.81, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, EERN or SPY?
EERN yields 545.96% while SPY yields 0.99%, so EERN currently pays the higher dividend yield.
Is SPY better than EERN?
EERN led over the full window, SPY over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.