PLYY vs SPY
GraniteShares YieldBOOST PLTR ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, PLYY or SPY?
Leverage Strategy against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y and the full window.
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 | PLYY | SPY |
|---|---|---|
| Expense Ratio | 1.07% | 0.09%Best |
| AUM | $2M | $823.2B |
| Dividend Yield | 147.25% | 0.99% |
| Holdings | 6 | 1,515 |
| YTD Return | -21.58% | +13.85%Best |
| 1Y Return | -26.87% | +17.28%Best |
| 3Y Return (annualized) | - | +22.45% |
| 5Y Return (annualized) | - | +13.10% |
| Volatility (annualized) | 20.4% | 12.6%Best |
| Max Drawdown | -39.5% | -8.9%Best |
| $10,000 over 1.1 years | $7,300 | $11,836Best |
| Fund Family | GraniteShares | State Street Investment Management |
| Category | Alternative | Equity |
| Style | Leverage Strategy | Large Cap Blend |
| Inception | Sep 23, 2025 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.1 years row, are measured over the window both funds cover: Sep 23, 2025 to Oct 15, 2026 (1.1 years).
PLYY 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 1.1 years both funds cover.
PLYY vs SPY Performance
GraniteShares YieldBOOST PLTR ETF (PLYY) is an ETF from GraniteShares and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year PLYY returned -26.87% while SPY returned +17.28%. Year to date, PLYY is down 21.58% versus a gain of 13.85% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PLYY has been the more volatile fund, with annualized monthly volatility of 20.4% 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 -39.5% for PLYY and -8.9% 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 0.07. They move largely independently of each other.
Fees and Cost Over Time
PLYY charges 1.07% per year while SPY charges 0.09%. On a $10,000 position that is $107 vs $9 annually, a gap of $98 per year that compounds over a long holding period. On income, PLYY currently yields 147.25% against 0.99% for SPY.
You are not choosing between two funds in isolation.
Whichever of PLYY 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, PLYY or SPY?
PLYY has an expense ratio of 1.07% while SPY charges 0.09%. SPY is the cheaper option, by $98 a year on a $10,000 investment.
Which performed better, PLYY or SPY?
Over the past year PLYY returned -26.87% vs +17.28% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (1 years), PLYY annualized -24.88% vs +16.56% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PLYY or SPY?
PLYY has been the more volatile fund at 20.4% annualized versus 12.6% for SPY. Worst drawdown: PLYY -39.5% vs SPY -8.9%.
Should I hold both PLYY and SPY?
PLYY and SPY have a monthly-return correlation of 0.07, 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, PLYY or SPY?
PLYY yields 147.25% while SPY yields 0.99%, so PLYY currently pays the higher dividend yield.
Is SPY better than PLYY?
SPY has a lower expense ratio. SPY led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.