SDCP vs SPY
Virtus Newfleet Short Duration Core Plus Bond ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, SDCP or SPY?
Short Term Bond against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y, 3Y 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 | SDCP | SPY |
|---|---|---|
| Expense Ratio | 0.35% | 0.09%Best |
| AUM | $13M | $823.2B |
| Dividend Yield | 5.07% | 0.99% |
| Holdings | 347 | 1,515 |
| YTD Return | +1.09% | +13.53%Best |
| 1Y Return | +2.20% | +17.47%Best |
| 3Y Return (annualized) | +4.95% | +22.36%Best |
| 5Y Return (annualized) | - | +13.21% |
| Volatility (annualized) | 1.7%Best | 11.6% |
| Max Drawdown | -1.1%Best | -18.8% |
| $10,000 over 2.9 years | $11,504 | $17,687Best |
| Fund Family | Virtus Investment Partners | State Street Investment Management |
| Category | Fixed Income | Equity |
| Style | Short Term Bond | Large Cap Blend |
| Inception | Nov 15, 2023 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Nov 16, 2023 to Oct 14, 2026 (2.9 years).
SDCP 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 2.9 years both funds cover.
SDCP vs SPY Performance
Virtus Newfleet Short Duration Core Plus Bond ETF (SDCP) is an ETF from Virtus Investment Partners and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year SDCP returned +2.20% while SPY returned +17.47%. Year to date, SDCP is up 1.09% versus a gain of 13.53% for SPY.
Over three years, SDCP compounded at +4.95% per year against +22.36% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 11.6% compared with 1.7% for SDCP. 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 -1.1% for SDCP 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 0.46. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SDCP charges 0.35% per year while SPY charges 0.09%. On a $10,000 position that is $35 vs $9 annually, a gap of $26 per year that compounds over a long holding period. On income, SDCP currently yields 5.07% against 0.99% for SPY.
Holdings Overlap
At least 0.1% of SPY's money is in holdings SDCP also owns.
Stated as a floor: for SDCP, our book for it covers 54.2% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 209 positions we hold weights for in SDCP and 504 in SPY, against full books of 347 and 1,515.
Top Shared Holdings
| Stock | Weight in SDCP | Weight in SPY | Difference |
|---|---|---|---|
| TMUST-Mobile Usa, Inc. 3.875% 15-Apr-2030 | 0.14% | 0.13% | 0.01% |
You are not choosing between two funds in isolation.
Whichever of SDCP 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, SDCP or SPY?
SDCP has an expense ratio of 0.35% while SPY charges 0.09%. SPY is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, SDCP or SPY?
Over the past year SDCP returned +2.20% vs +17.47% for SPY, so SPY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SDCP or SPY?
SPY has been the more volatile fund at 11.6% annualized versus 1.7% for SDCP. Worst drawdown: SDCP -1.1% vs SPY -18.8%.
Should I hold both SDCP and SPY?
SDCP and SPY have a monthly-return correlation of 0.46, 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, SDCP or SPY?
SDCP yields 5.07% while SPY yields 0.99%, so SDCP currently pays the higher dividend yield.
Is SPY better than SDCP?
SPY has a lower expense ratio. SPY led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.