GSKH vs SPY
GSK plc ADRhedged vs State Street SPDR S&P 500 ETF Trust
Which is better, GSKH or SPY?
Multi Alternative against Large Cap Blend.
SPY has a lower expense ratio. GSKH 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 | GSKH | SPY |
|---|---|---|
| Expense Ratio | 0.19% | 0.09%Best |
| AUM | $668,891 | $823.2B |
| Dividend Yield | 3.04% | 0.99% |
| Holdings | 5 | 1,515 |
| YTD Return | +0.71% | +13.53%Best |
| 1Y Return | +12.33% | +17.47%Best |
| 3Y Return (annualized) | - | +22.36% |
| 5Y Return (annualized) | - | +13.21% |
| Volatility (annualized) | 20.7% | 12.6%Best |
| Max Drawdown | -21.1% | -18.8%Best |
| $10,000 over 1.8 years | $14,068Best | $13,405 |
| Fund Family | ADRH | State Street Investment Management |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Jan 15, 2025 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Jan 7, 2025 to Oct 14, 2026 (1.8 years).
GSKH 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 1.8 years both funds cover.
GSKH vs SPY Performance
GSK plc ADRhedged (GSKH) is an ETF from ADRH and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year GSKH returned +12.33% while SPY returned +17.47%. Year to date, GSKH is up 0.71% versus a gain of 13.53% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GSKH has been the more volatile fund, with annualized monthly volatility of 20.7% compared with 12.6% 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 -21.1% for GSKH and -18.8% 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 -0.21. They move largely independently of each other.
Fees and Cost Over Time
GSKH charges 0.19% per year while SPY charges 0.09%. On a $10,000 position that is $19 vs $9 annually, a gap of $10 per year that compounds over a long holding period. On income, GSKH currently yields 3.04% against 0.99% for SPY.
Holdings Overlap
We hold position weights for 1 holding in GSKH and 504 in SPY, totalling 96.4% and 99.8% 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 1 positions we hold weights for in GSKH and 504 in SPY, against full books of 5 and 1,515.
You are not choosing between two funds in isolation.
Whichever of GSKH 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, GSKH or SPY?
GSKH has an expense ratio of 0.19% while SPY charges 0.09%. SPY is the cheaper option, by $10 a year on a $10,000 investment.
Which performed better, GSKH or SPY?
Over the past year GSKH returned +12.33% vs +17.47% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (2 years), GSKH annualized +20.88% vs +17.68% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GSKH or SPY?
GSKH has been the more volatile fund at 20.7% annualized versus 12.6% for SPY. Worst drawdown: GSKH -21.1% vs SPY -18.8%.
Should I hold both GSKH and SPY?
GSKH and SPY have a monthly-return correlation of -0.21, 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, GSKH or SPY?
GSKH yields 3.04% while SPY yields 0.99%, so GSKH currently pays the higher dividend yield.
Is SPY better than GSKH?
SPY has a lower expense ratio. GSKH 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.