SSPY vs WBIF
Stratified LargeCap Index ETF vs WBI BullBear Value 3000 ETF
Which is better, SSPY or WBIF?
SSPY has been ahead.
SSPY has a lower expense ratio. SSPY led over 1Y, 3Y, 5Y 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 | SSPY | WBIF |
|---|---|---|
| Expense Ratio | 0.45%Best | 1.65% |
| AUM | $129M | $23M |
| Dividend Yield | 1.25% | 0.00% |
| Holdings | 1,013 | 152 |
| YTD Return | +12.63% | +14.87%Best |
| 1Y Return | +15.52%Best | +15.37% |
| 3Y Return (annualized) | +15.71%Best | +10.35% |
| 5Y Return (annualized) | +8.93%Best | +4.01% |
| Volatility (annualized) | 16.9% | 13.1%Best |
| Max Drawdown | -36.7% | -20.3%Best |
| $10,000 over 5 years | $15,337Best | $12,172 |
| Fund Family | Syntax Stratified | WBI Investments |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Jan 2, 2019 | Aug 25, 2014 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jan 4, 2019 to Oct 14, 2026 (7.8 years).
SSPY vs WBIF 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 7.8 years both funds cover.
SSPY vs WBIF Performance
Stratified LargeCap Index ETF (SSPY) is an ETF from Syntax Stratified and WBI BullBear Value 3000 ETF (WBIF) is an ETF from WBI Investments. Over the past year SSPY returned +15.52% while WBIF returned +15.37%. Year to date, SSPY is up 12.63% versus a gain of 14.87% for WBIF.
Over three years, SSPY compounded at +15.71% per year against +10.35% for WBIF; over five years the annualized figures are +8.93% and +4.01% respectively. Across the full 8-year window we track, SSPY has the edge at +13.36% annualized vs +4.39%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SSPY has been the more volatile fund, with annualized monthly volatility of 16.9% compared with 13.1% for WBIF. 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 -36.7% for SSPY and -20.3% for WBIF. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SSPY charges 0.45% per year while WBIF charges 1.65%. On a $10,000 position that is $45 vs $165 annually, a gap of $120 per year that compounds over a long holding period. On income, SSPY currently yields 1.25% against 0.00% for WBIF.
Holdings Overlap
At least 8.7% of SSPY's money is in holdings WBIF also owns.
Stated as a floor: for WBIF, our book for it covers 83.6% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
SSPY and WBIF share little of their money.
33 positions in common, counted across the 504 positions we hold weights for in SSPY and 62 in WBIF, against full books of 1,013 and 152.
Top Shared Holdings
| Stock | Weight in SSPY | Weight in WBIF | Difference |
|---|---|---|---|
| COFCapital One Financial Corp. | 1.15% | 2.12% | 0.97% |
| HPQH P Inc. | 0.48% | 2.74% | 2.26% |
| ROSTRoss Stores, Inc. | 0.73% | 2.47% | 1.74% |
| BALLBall Corp. | 0.13% | 2.38% | 2.25% |
| IBKRInteractive Brokers Group Inc | 0.17% | 2.18% | 2.01% |
| XOMExxonmobil Holdings Corp Common Stock Usd | 0.58% | 1.51% | 0.93% |
| CVXChevron Corp. | 0.58% | 1.50% | 0.92% |
| ADPAutomatic Data Processing Inc. | 0.27% | 1.50% | 1.23% |
| GLGlobe Life Inc. | 0.23% | 1.53% | 1.30% |
| SJMJm Smucker Co. | 0.32% | 1.43% | 1.11% |
You are not choosing between two funds in isolation.
Whichever of SSPY and WBIF 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, SSPY or WBIF?
SSPY has an expense ratio of 0.45% while WBIF charges 1.65%. SSPY is the cheaper option, by $120 a year on a $10,000 investment.
Which performed better, SSPY or WBIF?
Over the past year SSPY returned +15.52% vs +15.37% for WBIF, so SSPY leads on 1-year performance. Over the longest common window we track (8 years), SSPY annualized +13.36% vs +4.39% for WBIF. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SSPY or WBIF?
SSPY has been the more volatile fund at 16.9% annualized versus 13.1% for WBIF. Worst drawdown: SSPY -36.7% vs WBIF -20.3%.
Should I hold both SSPY and WBIF?
SSPY and WBIF have a monthly-return correlation of 0.74, 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 SSPY and WBIF?
At least 8.7% of SSPY's money is in holdings WBIF also owns. Our book for WBIF is partial, so the real figure is this or higher. They hold 33 positions in common, counted across the 504 positions we hold weights for in SSPY and 62 in WBIF.
Which pays a higher dividend, SSPY or WBIF?
SSPY yields 1.25% while WBIF yields 0.00%, so SSPY currently pays the higher dividend yield.
Is WBIF better than SSPY?
SSPY has a lower expense ratio. SSPY led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.