SPY vs STXK
State Street SPDR S&P 500 ETF Trust vs Strive Small-Cap ETF
Which is better, SPY or STXK?
Large Cap Blend against Small Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y, 3Y and the full window. STXK is less concentrated, with 4.1% of the fund in its ten largest positions against 38.2%.
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 | SPY | STXK |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.18% |
| AUM | $823.2B | $78M |
| Dividend Yield | 0.99% | 1.22% |
| Holdings | 1,515 | 1,212 |
| YTD Return | +13.53%Best | +6.33% |
| 1Y Return | +17.47%Best | +7.34% |
| 3Y Return (annualized) | +22.36%Best | +14.20% |
| 5Y Return (annualized) | +13.21% | - |
| Volatility (annualized) | 12.8%Best | 18.7% |
| Max Drawdown | -18.8%Best | -27.5% |
| $10,000 over 3.9 years | $20,534Best | $14,750 |
| Top 10 Weight | 38.2% | 4.1%Best |
| Fund Family | State Street Investment Management | Strive Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Small Cap Blend |
| Inception | Jan 22, 1993 | Nov 10, 2022 |
Volatility and max drawdown, and the $10,000 over 3.9 years row, are measured over the window both funds cover: Nov 17, 2022 to Oct 14, 2026 (3.9 years).
SPY vs STXK 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 3.9 years both funds cover.
SPY vs STXK Performance
State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and Strive Small-Cap ETF (STXK) is an ETF from Strive Asset Management. Over the past year SPY returned +17.47% while STXK returned +7.34%. Year to date, SPY is up 13.53% versus a gain of 6.33% for STXK.
Over three years, SPY compounded at +22.36% per year against +14.20% for STXK. Across the full 4-year window we track, SPY has the edge at +20.26% annualized vs +10.48%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
STXK has been the more volatile fund, with annualized monthly volatility of 18.7% compared with 12.8% 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 -18.8% for SPY and -27.5% for STXK. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SPY charges 0.09% per year while STXK charges 0.18%. On a $10,000 position that is $9 vs $18 annually, a gap of $9 per year that compounds over a long holding period. On income, SPY currently yields 0.99% against 1.22% for STXK.
Holdings Overlap
We hold position weights for 504 holdings in SPY and 603 in STXK, totalling 99.8% and 99.6% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 504 positions we hold weights for in SPY and 603 in STXK, against full books of 1,515 and 1,212.
What only one of them owns
Our book lists 583 positions for STXK that do not appear in our book for SPY (96.9% of the fund), and 496 for SPY that do not appear in STXK (99.1%).
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.
You are not choosing between two funds in isolation.
Whichever of SPY and STXK 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, SPY or STXK?
SPY has an expense ratio of 0.09% while STXK charges 0.18%. SPY is the cheaper option, by $9 a year on a $10,000 investment.
Which performed better, SPY or STXK?
Over the past year SPY returned +17.47% vs +7.34% for STXK, so SPY leads on 1-year performance. Over the longest common window we track (4 years), SPY annualized +20.26% vs +10.48% for STXK. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SPY or STXK?
STXK has been the more volatile fund at 18.7% annualized versus 12.8% for SPY. Worst drawdown: SPY -18.8% vs STXK -27.5%.
Should I hold both SPY and STXK?
SPY and STXK have a monthly-return correlation of 0.77, 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, SPY or STXK?
SPY yields 0.99% while STXK yields 1.22%, so STXK currently pays the higher dividend yield.
Is STXK better than SPY?
SPY has a lower expense ratio. SPY led over 1Y, 3Y and the full window. STXK is less concentrated, with 4.1% of the fund in its ten largest positions against 38.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.