SPY vs TSEE
State Street SPDR S&P 500 ETF Trust vs T. Rowe Price Small-Cap ETF
Which is better, SPY or TSEE?
Large Cap Blend against Small Cap Blend.
SPY has a lower expense ratio. TSEE is less concentrated, with 14.7% 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 | TSEE |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.59% |
| AUM | $823.2B | $10M |
| Dividend Yield | 0.99% | 0.00% |
| Holdings | 1,515 | 220 |
| YTD Return | +13.53%Best | -4.78% |
| 1Y Return | +17.47% | - |
| 3Y Return (annualized) | +22.36% | - |
| 5Y Return (annualized) | +13.21% | - |
| Top 10 Weight | 38.2% | 14.7%Best |
| Fund Family | State Street Investment Management | T.Rowe Price |
| Category | Equity | Equity |
| Style | Large Cap Blend | Small Cap Blend |
| Inception | Jan 22, 1993 | Sep 16, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
SPY vs TSEE 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 TSEE Performance
State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and T. Rowe Price Small-Cap ETF (TSEE) is an ETF from T.Rowe Price. Year to date, SPY is up 13.53% versus a loss of 4.78% for TSEE.
Past performance does not guarantee future results.
Fees and Cost Over Time
SPY charges 0.09% per year while TSEE charges 0.59%. On a $10,000 position that is $9 vs $59 annually, a gap of $50 per year that compounds over a long holding period. On income, SPY currently yields 0.99% against 0.00% for TSEE.
Holdings Overlap
0.1% of SPY's money is in holdings TSEE also owns. 0.8% of TSEE's money is in holdings SPY also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
3 positions in common, counted across the 504 positions we hold weights for in SPY and 220 in TSEE, against full books of 1,515 and 220.
What only one of them owns
Our book lists 197 positions for TSEE that do not appear in our book for SPY (89.6% of the fund), and 493 for SPY that do not appear in TSEE (99.0%).
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 TSEE 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 TSEE?
SPY has an expense ratio of 0.09% while TSEE charges 0.59%. SPY is the cheaper option, by $50 a year on a $10,000 investment.
Which pays a higher dividend, SPY or TSEE?
SPY yields 0.99% while TSEE yields 0.00%, so SPY currently pays the higher dividend yield.
Is TSEE better than SPY?
SPY has a lower expense ratio. TSEE is less concentrated, with 14.7% 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.