HXC vs SPY

HXC vs SPY

Which is better, HXC or SPY?

Multi Alternative against Large Cap Blend.

SPY has a lower expense ratio.

Lower Fees: SPY

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

MetricHXCSPY
Expense Ratio0.69%0.09%Best
AUM$32M$823.2B
Dividend Yield0.00%0.99%
Holdings-1,515
YTD Return+4.83%+13.53%Best
1Y Return-+17.47%
3Y Return (annualized)-+22.36%
5Y Return (annualized)-+13.21%
Fund FamilyMast FundsState Street Investment Management
CategoryAlternativeEquity
StyleMulti AlternativeLarge Cap Blend
InceptionAug 21, 2026Jan 22, 1993

Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.

HXC 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.

HXC vs SPY Performance

Mast HedgeIndex Strategic Commodities ETF (HXC) is an ETF from Mast Funds and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Year to date, HXC is up 4.83% versus a gain of 13.53% for SPY.

Past performance does not guarantee future results.

Fees and Cost Over Time

HXC charges 0.69% per year while SPY charges 0.09%. On a $10,000 position that is $69 vs $9 annually, a gap of $60 per year that compounds over a long holding period. On income, HXC currently yields 0.00% against 0.99% for SPY.

You are not choosing between two funds in isolation.

Whichever of HXC and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

HXCSPY

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, HXC or SPY?

HXC has an expense ratio of 0.69% while SPY charges 0.09%. SPY is the cheaper option, by $60 a year on a $10,000 investment.

Which pays a higher dividend, HXC or SPY?

HXC yields 0.00% while SPY yields 0.99%, so SPY currently pays the higher dividend yield.

Is SPY better than HXC?

SPY has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.