SPIN vs SPYM
State Street US Equity Premium Income ETF vs State Street SPDR Portfolio S&P 500 ETF
Which is better, SPIN or SPYM?
SPYM has been ahead.
SPYM has a lower expense ratio. SPYM led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92. SPYM is less concentrated, with 39.0% of the fund in its ten largest positions against 47.1%.
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 | SPIN | SPYM |
|---|---|---|
| Expense Ratio | 0.25% | 0.02%Best |
| AUM | $47M | $185.2B |
| Dividend Yield | 4.88% | 1.01% |
| Holdings | 101 | 509 |
| YTD Return | +3.68% | +13.57%Best |
| 1Y Return | +7.62% | +17.53%Best |
| 3Y Return (annualized) | - | +22.46% |
| 5Y Return (annualized) | - | +13.29% |
| Volatility (annualized) | 9.0%Best | 12.4% |
| Max Drawdown | -16.9%Best | -18.7% |
| $10,000 over 2.1 years | $12,500 | $14,379Best |
| Top 10 Weight | 47.1% | 39.0%Best |
| Fund Family | State Street Investment Management | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 4, 2024 | Nov 8, 2005 |
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Sep 5, 2024 to Oct 14, 2026 (2.1 years).
SPIN 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 2.1 years both funds cover.
SPIN vs SPYM Performance
State Street US Equity Premium Income ETF (SPIN) is an ETF from State Street Investment Management and State Street SPDR Portfolio S&P 500 ETF (SPYM) is an ETF from State Street Investment Management. Over the past year SPIN returned +7.62% while SPYM returned +17.53%. Year to date, SPIN is up 3.68% versus a gain of 13.57% for SPYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPYM has been the more volatile fund, with annualized monthly volatility of 12.4% compared with 9.0% for SPIN. 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 -16.9% for SPIN and -18.7% 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 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
SPIN charges 0.25% per year while SPYM charges 0.02%. On a $10,000 position that is $25 vs $2 annually, a gap of $23 per year that compounds over a long holding period. On income, SPIN currently yields 4.88% against 1.01% for SPYM.
Holdings Overlap
97.5% of SPIN's money is in holdings SPYM also owns. 63.8% of SPYM's money is in holdings SPIN also owns.
Most of SPIN is already inside SPYM. Owning both mostly buys the same companies twice.
86 positions in common, counted across the 96 positions we hold weights for in SPIN and 505 in SPYM, against full books of 101 and 509.
What only one of them owns
Our book lists 412 positions for SPYM that do not appear in our book for SPIN (35.5% of the fund), and 9 for SPIN that do not appear in SPYM (1.7%).
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 SPIN | Weight in SPYM | Difference |
|---|---|---|---|
| NVDANvidia Corp | 9.71% | 8.49% | 1.22% |
| AAPLApple, Inc | 5.97% | 7.30% | 1.33% |
| MSFTMicrosoft Corp | 7.24% | 5.76% | 1.48% |
| AMZNAmazon.Com Inc | 4.93% | 3.70% | 1.23% |
| GOOGLAlphabet Inc | 5.48% | 3.02% | 2.46% |
| AVGOBroadcom Inc | 3.28% | 2.53% | 0.75% |
| METAMeta Platforms Inc | 3.07% | 2.41% | 0.66% |
| MUMicron Technology, Inc. | 2.80% | 1.82% | 0.98% |
| AMDAdvanced Micro Devices Inc | 2.41% | 1.55% | 0.86% |
| JPMJpmorgan Chase | 2.13% | 1.32% | 0.81% |
97.5% of SPIN is already inside SPYM.
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, SPIN or SPYM?
SPIN has an expense ratio of 0.25% while SPYM charges 0.02%. SPYM is the cheaper option, by $23 a year on a $10,000 investment.
Which performed better, SPIN or SPYM?
Over the past year SPIN returned +7.62% vs +17.53% for SPYM, so SPYM leads on 1-year performance. Over the longest common window we track (2 years), SPIN annualized +11.21% vs +18.88% for SPYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SPIN or SPYM?
SPYM has been the more volatile fund at 12.4% annualized versus 9.0% for SPIN. Worst drawdown: SPIN -16.9% vs SPYM -18.7%.
Should I hold both SPIN and SPYM?
SPIN and SPYM have a monthly-return correlation of 0.92, 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 SPIN and SPYM?
97.5% of SPIN's money is in holdings SPYM also owns. 63.8% of SPYM's is in holdings SPIN also owns. They hold 86 positions in common, counted across the 96 positions we hold weights for in SPIN and 505 in SPYM.
Which pays a higher dividend, SPIN or SPYM?
SPIN yields 4.88% while SPYM yields 1.01%, so SPIN currently pays the higher dividend yield.
Is SPYM better than SPIN?
SPYM has a lower expense ratio. SPYM led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92. SPYM is less concentrated, with 39.0% of the fund in its ten largest positions against 47.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.