SPY vs TSCM
State Street SPDR S&P 500 ETF Trust vs TimesSquare Quality Mid Cap Growth ETF
Which is better, SPY or TSCM?
Large Cap Blend against Mid Cap Growth.
SPY has a lower expense ratio. TSCM is less concentrated, with 35.5% 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 | TSCM |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.55% |
| AUM | $823.2B | $43M |
| Dividend Yield | 0.99% | 0.00% |
| Holdings | 1,515 | 42 |
| YTD Return | +13.53%Best | -4.16% |
| 1Y Return | +17.47% | - |
| 3Y Return (annualized) | +22.36% | - |
| 5Y Return (annualized) | +13.21% | - |
| Top 10 Weight | 38.2% | 35.5%Best |
| Fund Family | State Street Investment Management | TimesSquare Capital Management, LLC |
| Category | Equity | Equity |
| Style | Large Cap Blend | Mid Cap Growth |
| Inception | Jan 22, 1993 | Dec 29, 2025 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
SPY vs TSCM 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
SPY vs TSCM Performance
State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and TimesSquare Quality Mid Cap Growth ETF (TSCM) is an ETF from TimesSquare Capital Management, LLC. Year to date, SPY is up 13.53% versus a loss of 4.16% for TSCM.
Past performance does not guarantee future results.
Fees and Cost Over Time
SPY charges 0.09% per year while TSCM charges 0.55%. On a $10,000 position that is $9 vs $55 annually, a gap of $46 per year that compounds over a long holding period. On income, SPY currently yields 0.99% against 0.00% for TSCM.
Holdings Overlap
1.5% of SPY's money is in holdings TSCM also owns. 47.1% of TSCM's money is in holdings SPY also owns.
The two portfolios partly overlap.
19 positions in common, counted across the 504 positions we hold weights for in SPY and 41 in TSCM, against full books of 1,515 and 42.
What only one of them owns
Our book lists 19 positions for TSCM that do not appear in our book for SPY (46.4% of the fund), and 477 for SPY that do not appear in TSCM (97.6%).
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 SPY | Weight in TSCM | Difference |
|---|---|---|---|
| EMEEmcor Group Inc | 0.05% | 3.88% | 3.83% |
| FIXComfort Systems USA Inc. | 0.08% | 3.67% | 3.59% |
| ROSTRoss Stores, Inc. | 0.11% | 3.46% | 3.35% |
| LITELumentum Holdings Inc | 0.10% | 3.41% | 3.31% |
| CASYCaseys General | 0.04% | 3.38% | 3.34% |
| VRTVertiv Holdings Co | 0.14% | 3.20% | 3.06% |
| IDXXIdexx Laboratories Inc Common Stock Usd 0.1 | 0.06% | 3.02% | 2.96% |
| DASHDoordash Inc - A | 0.12% | 2.92% | 2.80% |
| TTWOTake-Two Interactive Software, Inc. | 0.06% | 2.95% | 2.89% |
| VRSKVerisk Analytics, Inc, Class A | 0.04% | 2.51% | 2.47% |
47.1% of TSCM is already inside SPY.
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, SPY or TSCM?
SPY has an expense ratio of 0.09% while TSCM charges 0.55%. SPY is the cheaper option, by $46 a year on a $10,000 investment.
What is the holdings overlap between SPY and TSCM?
47.1% of TSCM's money is in holdings SPY also owns. 47.1% of TSCM's is in holdings SPY also owns. They hold 19 positions in common, counted across the 504 positions we hold weights for in SPY and 41 in TSCM.
Which pays a higher dividend, SPY or TSCM?
SPY yields 0.99% while TSCM yields 0.00%, so SPY currently pays the higher dividend yield.
Is TSCM better than SPY?
SPY has a lower expense ratio. TSCM is less concentrated, with 35.5% 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.