SPY vs TSYW
State Street SPDR S&P 500 ETF Trust vs Roundhill Treasury Bond WeeklyPay ETF
Which is better, SPY or TSYW?
Large Cap Blend against Multi Alternative.
SPY has a lower expense ratio. SPY led over 1Y.
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 | TSYW |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.99% |
| AUM | $823.2B | $3M |
| Dividend Yield | 0.99% | 13.01% |
| Holdings | 1,515 | 12 |
| YTD Return | +13.53%Best | -15.79% |
| 1Y Return | +17.47%Best | -18.18% |
| 3Y Return (annualized) | +22.36% | - |
| 5Y Return (annualized) | +13.21% | - |
| Fund Family | State Street Investment Management | Roundhill Investments |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Multi Alternative |
| Inception | Jan 22, 1993 | Nov 13, 2025 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
SPY vs TSYW 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 TSYW Performance
State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and Roundhill Treasury Bond WeeklyPay ETF (TSYW) is an ETF from Roundhill Investments. Over the past year SPY returned +17.47% while TSYW returned -18.18%. Year to date, SPY is up 13.53% versus a loss of 15.79% for TSYW.
Past performance does not guarantee future results.
Fees and Cost Over Time
SPY charges 0.09% per year while TSYW charges 0.99%. On a $10,000 position that is $9 vs $99 annually, a gap of $90 per year that compounds over a long holding period. On income, SPY currently yields 0.99% against 13.01% for TSYW.
Holdings Overlap
We hold position weights for 504 holdings in SPY and 1 in TSYW, totalling 99.8% and 10.2% 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 1 in TSYW, against full books of 1,515 and 12.
You are not choosing between two funds in isolation.
Whichever of SPY and TSYW 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 TSYW?
SPY has an expense ratio of 0.09% while TSYW charges 0.99%. SPY is the cheaper option, by $90 a year on a $10,000 investment.
Which performed better, SPY or TSYW?
Over the past year SPY returned +17.47% vs -18.18% for TSYW, so SPY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which pays a higher dividend, SPY or TSYW?
SPY yields 0.99% while TSYW yields 13.01%, so TSYW currently pays the higher dividend yield.
Is TSYW better than SPY?
SPY has a lower expense ratio. SPY led over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.