SPYT vs SSPX
Defiance S&P 500 Income Target ETF vs Janus Henderson US Sustainable Equity ETF
Which is better, SPYT or SSPX?
SPYT has been ahead.
SSPX has a lower expense ratio. SPYT led over 1Y and the full window.
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 | SPYT | SSPX |
|---|---|---|
| Expense Ratio | 0.92% | 0.55%Best |
| AUM | $170M | $10M |
| Dividend Yield | 20.83% | 0.30% |
| Holdings | 10 | 6 |
| Volatility (annualized) | 10.2%Best | 12.6% |
| Max Drawdown | -18.3% | -15.7%Best |
| $10,000 over 1.6 years | $12,600Best | $12,015 |
| Fund Family | Defiance ETFs, LLC | Janus Henderson Investors |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Mar 7, 2024 | Sep 8, 2021 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 370 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. SPYT has data through Oct 14, 2026 and SSPX through Oct 9, 2025.
Volatility and max drawdown, and the $10,000 over 1.6 years row, are measured over the window both funds cover: Mar 7, 2024 to Oct 9, 2025 (1.6 years).
Risk: Volatility and Drawdowns
SSPX has been the more volatile fund, with annualized monthly volatility of 12.6% compared with 10.2% for SPYT. 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 -18.3% for SPYT and -15.7% for SSPX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SPYT charges 0.92% per year while SSPX charges 0.55%. On a $10,000 position that is $92 vs $55 annually, a gap of $37 per year that compounds over a long holding period. On income, SPYT currently yields 20.83% against 0.30% for SSPX.
You are not choosing between two funds in isolation.
Whichever of SPYT and SSPX 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, SPYT or SSPX?
SPYT has an expense ratio of 0.92% while SSPX charges 0.55%. SSPX is the cheaper option, by $37 a year on a $10,000 investment.
Which is riskier, SPYT or SSPX?
SSPX has been the more volatile fund at 12.6% annualized versus 10.2% for SPYT. Worst drawdown: SPYT -18.3% vs SSPX -15.7%.
Should I hold both SPYT and SSPX?
SPYT and SSPX have a monthly-return correlation of 0.88, 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, SPYT or SSPX?
SPYT yields 20.83% while SSPX yields 0.30%, so SPYT currently pays the higher dividend yield.
Is SSPX better than SPYT?
SSPX has a lower expense ratio. SPYT led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.