SPY vs XNTK
State Street SPDR S&P 500 ETF Trust vs State Street SPDR NYSE Technology ETF
Which is better, SPY or XNTK?
Large Cap Blend against Large Cap Growth.
SPY has a lower expense ratio. XNTK led over 1Y, 3Y, 5Y and the full window. SPY is less concentrated, with 38.2% of the fund in its ten largest positions against 48.2%.
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 | XNTK |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.35% |
| AUM | $823.2B | $2.1B |
| Dividend Yield | 0.99% | 0.15% |
| Holdings | 1,515 | 37 |
| YTD Return | +13.53% | +30.76%Best |
| 1Y Return | +17.47% | +33.32%Best |
| 3Y Return (annualized) | +22.36% | +38.03%Best |
| 5Y Return (annualized) | +13.21% | +18.11%Best |
| Volatility (annualized) | 15.1%Best | 26.1% |
| Max Drawdown | -56.5%Best | -76.3% |
| $10,000 over 5 years | $18,596 | $22,984Best |
| Top 10 Weight | 38.2%Best | 48.2% |
| Fund Family | State Street Investment Management | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Jan 22, 1993 | Sep 25, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Sep 29, 2000 to Oct 14, 2026 (26 years).
SPY vs XNTK 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 26 years both funds cover.
SPY vs XNTK Performance
State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and State Street SPDR NYSE Technology ETF (XNTK) is an ETF from State Street Investment Management. Over the past year SPY returned +17.47% while XNTK returned +33.32%. Year to date, SPY is up 13.53% versus a gain of 30.76% for XNTK.
Over three years, SPY compounded at +22.36% per year against +38.03% for XNTK; over five years the annualized figures are +13.21% and +18.11% respectively. Across the full 26-year window we track, XNTK has the edge at +8.24% annualized vs +6.97%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XNTK has been the more volatile fund, with annualized monthly volatility of 26.1% compared with 15.1% 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 -56.5% for SPY and -76.3% for XNTK. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SPY charges 0.09% per year while XNTK charges 0.35%. On a $10,000 position that is $9 vs $35 annually, a gap of $26 per year that compounds over a long holding period. On income, SPY currently yields 0.99% against 0.15% for XNTK.
Holdings Overlap
44.5% of SPY's money is in holdings XNTK also owns. 90.0% of XNTK's money is in holdings SPY also owns.
Most of XNTK is already inside SPY. Owning both mostly buys the same companies twice.
31 positions in common, counted across the 504 positions we hold weights for in SPY and 36 in XNTK, against full books of 1,515 and 37.
What only one of them owns
Our book lists 1 positions for XNTK that do not appear in our book for SPY (0.1% of the fund), and 465 for SPY that do not appear in XNTK (54.6%).
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 XNTK | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.78% | 2.74% | 5.04% |
| MUMicron Technology, Inc. | 1.59% | 8.87% | 7.28% |
| AAPLApple, Inc | 7.45% | 2.62% | 4.83% |
| MSFTMicrosoft Corp | 5.71% | 2.27% | 3.44% |
| INTCIntel Corporation | 0.73% | 5.98% | 5.25% |
| AMDAdvanced Micro Devices Inc | 1.22% | 5.38% | 4.16% |
| MRVLMarvell Technology Inc | 0.29% | 6.14% | 5.85% |
| AMZNAmazon.Com Inc | 3.78% | 2.49% | 1.29% |
| GOOGLAlphabet Inc | 3.12% | 2.40% | 0.72% |
| AVGOBroadcom Inc | 2.48% | 2.21% | 0.27% |
90.0% of XNTK 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 XNTK?
SPY has an expense ratio of 0.09% while XNTK charges 0.35%. SPY is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, SPY or XNTK?
Over the past year SPY returned +17.47% vs +33.32% for XNTK, so XNTK leads on 1-year performance. Over the longest common window we track (26 years), SPY annualized +6.97% vs +8.24% for XNTK. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SPY or XNTK?
XNTK has been the more volatile fund at 26.1% annualized versus 15.1% for SPY. Worst drawdown: SPY -56.5% vs XNTK -76.3%.
Should I hold both SPY and XNTK?
SPY and XNTK have a monthly-return correlation of 0.85, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between SPY and XNTK?
90.0% of XNTK's money is in holdings SPY also owns. 90.0% of XNTK's is in holdings SPY also owns. They hold 31 positions in common, counted across the 504 positions we hold weights for in SPY and 36 in XNTK.
Which pays a higher dividend, SPY or XNTK?
SPY yields 0.99% while XNTK yields 0.15%, so SPY currently pays the higher dividend yield.
Is XNTK better than SPY?
SPY has a lower expense ratio. XNTK led over 1Y, 3Y, 5Y and the full window. SPY is less concentrated, with 38.2% of the fund in its ten largest positions against 48.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.