NTSX vs SPYM
WisdomTree US Efficient Core Fund vs State Street SPDR Portfolio S&P 500 ETF
Which is better, NTSX or SPYM?
Nearly the same fund. SPYM costs less.
SPYM has a lower expense ratio. SPYM led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.97.
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 | NTSX | SPYM |
|---|---|---|
| Expense Ratio | 0.20% | 0.02%Best |
| AUM | $1.4B | $185.2B |
| Dividend Yield | 1.08% | 1.01% |
| Holdings | 506 | 509 |
| YTD Return | +8.74% | +13.57%Best |
| 1Y Return | +10.97% | +17.53%Best |
| 3Y Return (annualized) | +20.03% | +22.46%Best |
| 5Y Return (annualized) | +8.36% | +13.29%Best |
| Volatility (annualized) | 16.2%Best | 16.8% |
| Max Drawdown | -31.3%Best | -34.3% |
| $10,000 over 5 years | $14,940 | $18,662Best |
| Fund Family | WisdomTree Investments | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Aug 2, 2018 | Nov 8, 2005 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Aug 2, 2018 to Oct 14, 2026 (8.2 years).
NTSX vs SPYM 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 8.2 years both funds cover.
NTSX vs SPYM Performance
WisdomTree US Efficient Core Fund (NTSX) is an ETF from WisdomTree Investments and State Street SPDR Portfolio S&P 500 ETF (SPYM) is an ETF from State Street Investment Management. Over the past year NTSX returned +10.97% while SPYM returned +17.53%. Year to date, NTSX is up 8.74% versus a gain of 13.57% for SPYM.
Over three years, NTSX compounded at +20.03% per year against +22.46% for SPYM; over five years the annualized figures are +8.36% and +13.29% respectively. Across the full 8-year window we track, SPYM has the edge at +14.15% annualized vs +11.88%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPYM has been the more volatile fund, with annualized monthly volatility of 16.8% compared with 16.2% for NTSX. 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 -31.3% for NTSX and -34.3% for SPYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
NTSX charges 0.20% per year while SPYM charges 0.02%. On a $10,000 position that is $20 vs $2 annually, a gap of $18 per year that compounds over a long holding period. On income, NTSX currently yields 1.08% against 1.01% for SPYM.
Holdings Overlap
At least 92.0% of SPYM's money is in holdings NTSX also owns.
Stated as a floor: for NTSX, our book for it covers 90.8% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
Most of SPYM is already inside NTSX. Owning both mostly buys the same companies twice.
413 positions in common, counted across the 501 positions we hold weights for in NTSX and 505 in SPYM, against full books of 506 and 509.
Top Shared Holdings
| Stock | Weight in NTSX | Weight in SPYM | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 7.11% | 8.49% | 1.38% |
| AAPLApple, Inc | 6.82% | 7.30% | 0.48% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.07% | 5.76% | 0.69% |
| GOOGLAlphabet Inc-cl A | 5.71% | 3.02% | 2.69% |
| AMZNAmazon.Com Inc | 3.53% | 3.70% | 0.17% |
| METAMeta Platform Inc | 2.23% | 2.41% | 0.18% |
| AVGOBroadcom Inc | 2.06% | 2.53% | 0.47% |
| MUMicron Technology, Inc. | 1.35% | 1.82% | 0.47% |
| TSLATesla Motors Inc | 1.43% | 1.57% | 0.14% |
| LLYEli Lilly & Co. | 1.51% | 1.37% | 0.14% |
92.0% of SPYM is already inside NTSX.
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, NTSX or SPYM?
NTSX has an expense ratio of 0.20% while SPYM charges 0.02%. SPYM is the cheaper option, by $18 a year on a $10,000 investment.
Which performed better, NTSX or SPYM?
Over the past year NTSX returned +10.97% vs +17.53% for SPYM, so SPYM leads on 1-year performance. Over the longest common window we track (8 years), NTSX annualized +11.88% vs +14.15% for SPYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NTSX or SPYM?
SPYM has been the more volatile fund at 16.8% annualized versus 16.2% for NTSX. Worst drawdown: NTSX -31.3% vs SPYM -34.3%.
Should I hold both NTSX and SPYM?
NTSX and SPYM have a monthly-return correlation of 0.97, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between NTSX and SPYM?
At least 92.0% of SPYM's money is in holdings NTSX also owns. Our book for NTSX is partial, so the real figure is this or higher. They hold 413 positions in common, counted across the 501 positions we hold weights for in NTSX and 505 in SPYM.
Which pays a higher dividend, NTSX or SPYM?
NTSX yields 1.08% while SPYM yields 1.01%, so NTSX currently pays the higher dividend yield.
Is SPYM better than NTSX?
SPYM has a lower expense ratio. SPYM led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.97. Which one suits a particular account depends on what it is for. This is information, not a recommendation.