HOMZ vs SPY
Hoya Capital Housing ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, HOMZ or SPY?
Mid Cap Value against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. HOMZ is less concentrated, with 20.2% of the fund in its ten largest positions against 38.2%.
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 | HOMZ | SPY |
|---|---|---|
| Expense Ratio | 0.30% | 0.09%Best |
| AUM | $31M | $823.2B |
| Dividend Yield | 3.00% | 0.99% |
| Holdings | 199 | 1,515 |
| YTD Return | -10.85% | +13.53%Best |
| 1Y Return | -10.37% | +17.47%Best |
| 3Y Return (annualized) | +7.03% | +22.36%Best |
| 5Y Return (annualized) | +1.42% | +13.21%Best |
| Volatility (annualized) | 24.5% | 16.4%Best |
| Max Drawdown | -48.2% | -34.1%Best |
| $10,000 over 5 years | $10,730 | $18,596Best |
| Top 10 Weight | 20.2%Best | 38.2% |
| Fund Family | Hoya Capital Real Estate, LLC | State Street Investment Management |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Blend |
| Inception | Mar 19, 2019 | Jan 22, 1993 |
Volatility and max drawdown are measured over the window both funds cover: Mar 20, 2019 to Oct 14, 2026 (7.6 years).
HOMZ 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 7.6 years both funds cover.
HOMZ vs SPY Performance
Hoya Capital Housing ETF (HOMZ) is an ETF from Hoya Capital Real Estate, LLC and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year HOMZ returned -10.37% while SPY returned +17.47%. Year to date, HOMZ is down 10.85% versus a gain of 13.53% for SPY.
Over three years, HOMZ compounded at +7.03% per year against +22.36% for SPY; over five years the annualized figures are +1.42% and +13.21% respectively. Across the full 8-year window we track, SPY has the edge at +15.37% annualized vs +8.13%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HOMZ has been the more volatile fund, with annualized monthly volatility of 24.5% compared with 16.4% 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 -48.2% for HOMZ and -34.1% 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 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HOMZ charges 0.30% per year while SPY charges 0.09%. On a $10,000 position that is $30 vs $9 annually, a gap of $21 per year that compounds over a long holding period. On income, HOMZ currently yields 3.00% against 0.99% for SPY.
Holdings Overlap
39.9% of HOMZ's money is in holdings SPY also owns. 2.6% of SPY's money is in holdings HOMZ also owns.
The two portfolios partly overlap.
31 positions in common, counted across the 99 positions we hold weights for in HOMZ and 504 in SPY, against full books of 199 and 1,515.
What only one of them owns
Our book lists 465 positions for SPY that do not appear in our book for HOMZ (96.4% of the fund), and 68 for HOMZ that do not appear in SPY (59.8%).
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 HOMZ | Weight in SPY | Difference |
|---|---|---|---|
| HDHome Depot, Inc. | 2.93% | 0.47% | 2.46% |
| EQRVivmark Residential | 2.95% | 0.07% | 2.88% |
| LOWLowes | 2.76% | 0.17% | 2.59% |
| WELLWelltower, Inc. | 1.71% | 0.25% | 1.46% |
| NVRNvr Inc. | 1.65% | 0.03% | 1.62% |
| PHMPultegroup Inc. | 1.62% | 0.03% | 1.59% |
| ESSEssex Property Trust Inc. | 1.58% | 0.03% | 1.55% |
| DHIDr Horton Inc. | 1.55% | 0.06% | 1.49% |
| VTRVentas, Inc. | 1.54% | 0.07% | 1.47% |
| PSAPublic Storage | 1.51% | 0.07% | 1.44% |
39.9% of HOMZ 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.
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Frequently Asked Questions
Which is cheaper, HOMZ or SPY?
HOMZ has an expense ratio of 0.30% while SPY charges 0.09%. SPY is the cheaper option, by $21 a year on a $10,000 investment.
Which performed better, HOMZ or SPY?
Over the past year HOMZ returned -10.37% vs +17.47% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (8 years), HOMZ annualized +8.13% vs +15.37% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HOMZ or SPY?
HOMZ has been the more volatile fund at 24.5% annualized versus 16.4% for SPY. Worst drawdown: HOMZ -48.2% vs SPY -34.1%.
Should I hold both HOMZ and SPY?
HOMZ and SPY have a monthly-return correlation of 0.80, 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 HOMZ and SPY?
39.9% of HOMZ's money is in holdings SPY also owns. 2.6% of SPY's is in holdings HOMZ also owns. They hold 31 positions in common, counted across the 99 positions we hold weights for in HOMZ and 504 in SPY.
Which pays a higher dividend, HOMZ or SPY?
HOMZ yields 3.00% while SPY yields 0.99%, so HOMZ currently pays the higher dividend yield.
Is SPY better than HOMZ?
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. HOMZ is less concentrated, with 20.2% of the fund in its ten largest positions against 38.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.