SSPY vs WBIG
Stratified LargeCap Index ETF vs WBI BullBear Yield 3000 ETF
Which is better, SSPY or WBIG?
SSPY has been ahead.
SSPY has a lower expense ratio. SSPY led over 1Y, 3Y, 5Y and the full window. SSPY is less concentrated, with 8.9% of the fund in its ten largest positions against 23.9%.
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 | WBIG |
|---|---|---|
| Expense Ratio | 0.45%Best | 1.59% |
| AUM | $129M | $31M |
| Dividend Yield | 1.25% | 1.17% |
| Holdings | 1,013 | 159 |
| YTD Return | +12.63%Best | +12.49% |
| 1Y Return | +15.52%Best | +11.17% |
| 3Y Return (annualized) | +15.71%Best | +7.85% |
| 5Y Return (annualized) | +8.93%Best | +1.53% |
| Volatility (annualized) | 16.9% | 12.0%Best |
| Max Drawdown | -36.7% | -25.3%Best |
| $10,000 over 5 years | $15,337Best | $10,789 |
| Top 10 Weight | 8.9%Best | 23.9% |
| Fund Family | Syntax Stratified | WBI Investments |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Jan 2, 2019 | Aug 25, 2014 |
Volatility and max drawdown are measured over the window both funds cover: Jan 4, 2019 to Oct 14, 2026 (7.8 years).
SSPY vs WBIG 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 WBIG Performance
Stratified LargeCap Index ETF (SSPY) is an ETF from Syntax Stratified and WBI BullBear Yield 3000 ETF (WBIG) is an ETF from WBI Investments. Over the past year SSPY returned +15.52% while WBIG returned +11.17%. Year to date, SSPY is up 12.63% versus a gain of 12.49% for WBIG.
Over three years, SSPY compounded at +15.71% per year against +7.85% for WBIG; over five years the annualized figures are +8.93% and +1.53% respectively. Across the full 8-year window we track, SSPY has the edge at +13.36% annualized vs +2.85%.
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 12.0% for WBIG. 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 -25.3% for WBIG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SSPY charges 0.45% per year while WBIG charges 1.59%. On a $10,000 position that is $45 vs $159 annually, a gap of $114 per year that compounds over a long holding period. On income, SSPY currently yields 1.25% against 1.17% for WBIG.
Holdings Overlap
12.1% of SSPY's money is in holdings WBIG also owns. 55.8% of WBIG's money is in holdings SSPY also owns.
The two portfolios partly overlap.
43 positions in common, counted across the 504 positions we hold weights for in SSPY and 71 in WBIG, against full books of 1,013 and 159.
What only one of them owns
Our book lists 24 positions for WBIG that do not appear in our book for SSPY (36.9% of the fund), and 453 for SSPY that do not appear in WBIG (86.3%).
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 SSPY | Weight in WBIG | Difference |
|---|---|---|---|
| COFCapital One Financial Corp. | 1.15% | 1.71% | 0.56% |
| HPQHP Inc | 0.48% | 2.35% | 1.87% |
| ROSTRoss Stores, Inc. | 0.73% | 1.96% | 1.23% |
| BBYBest Buy Co Inc | 0.29% | 2.22% | 1.93% |
| KMBKimberly-Clark Corp. | 0.42% | 1.99% | 1.57% |
| TAT&T Inc. | 0.28% | 2.09% | 1.81% |
| TROWT Rowe Price Grp | 0.07% | 2.09% | 2.02% |
| IBKRInteractive Brokers Group Inc | 0.17% | 1.86% | 1.69% |
| BALLBall Corp | 0.13% | 1.87% | 1.74% |
| MPCMarathon Petroleum Corp | 0.54% | 1.28% | 0.74% |
55.8% of WBIG is already inside SSPY.
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, SSPY or WBIG?
SSPY has an expense ratio of 0.45% while WBIG charges 1.59%. SSPY is the cheaper option, by $114 a year on a $10,000 investment.
Which performed better, SSPY or WBIG?
Over the past year SSPY returned +15.52% vs +11.17% for WBIG, so SSPY leads on 1-year performance. Over the longest common window we track (8 years), SSPY annualized +13.36% vs +2.85% for WBIG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SSPY or WBIG?
SSPY has been the more volatile fund at 16.9% annualized versus 12.0% for WBIG. Worst drawdown: SSPY -36.7% vs WBIG -25.3%.
Should I hold both SSPY and WBIG?
SSPY and WBIG have a monthly-return correlation of 0.76, 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 WBIG?
55.8% of WBIG's money is in holdings SSPY also owns. 55.8% of WBIG's is in holdings SSPY also owns. They hold 43 positions in common, counted across the 504 positions we hold weights for in SSPY and 71 in WBIG.
Which pays a higher dividend, SSPY or WBIG?
SSPY yields 1.25% while WBIG yields 1.17%, so SSPY currently pays the higher dividend yield.
Is WBIG better than SSPY?
SSPY has a lower expense ratio. SSPY led over 1Y, 3Y, 5Y and the full window. SSPY is less concentrated, with 8.9% of the fund in its ten largest positions against 23.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.