TSPY vs XBOC
TappAlpha S&P 500 Growth & Daily Income ETF vs Innovator US Equity Accelerated 9 Buffer ETF - October
Which is better, TSPY or XBOC?
TSPY has been ahead.
TSPY has a lower expense ratio. TSPY led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.94.
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 | TSPY | XBOC |
|---|---|---|
| Expense Ratio | 0.71%Best | 0.79% |
| AUM | $366M | $64M |
| Dividend Yield | 15.20% | 0.00% |
| Holdings | 3 | 21 |
| YTD Return | +10.14%Best | +9.12% |
| 1Y Return | +14.60%Best | +12.15% |
| 3Y Return (annualized) | - | +11.40% |
| 5Y Return (annualized) | - | +8.40% |
| Volatility (annualized) | 12.2% | 6.3%Best |
| Max Drawdown | -18.0% | -12.5%Best |
| $10,000 over 2.2 years | $13,991Best | $12,464 |
| Fund Family | TappAlpha | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Aug 14, 2024 | Oct 1, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Aug 15, 2024 to Oct 14, 2026 (2.2 years).
TSPY vs XBOC 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 2.2 years both funds cover.
TSPY vs XBOC Performance
TappAlpha S&P 500 Growth & Daily Income ETF (TSPY) is an ETF from TappAlpha and Innovator US Equity Accelerated 9 Buffer ETF - October (XBOC) is an ETF from Innovator ETFs Trust. Over the past year TSPY returned +14.60% while XBOC returned +12.15%. Year to date, TSPY is up 10.14% versus a gain of 9.12% for XBOC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TSPY has been the more volatile fund, with annualized monthly volatility of 12.2% compared with 6.3% for XBOC. 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 -18.0% for TSPY and -12.5% for XBOC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
TSPY charges 0.71% per year while XBOC charges 0.79%. On a $10,000 position that is $71 vs $79 annually, a gap of $8 per year that compounds over a long holding period. On income, TSPY currently yields 15.20% against 0.00% for XBOC.
Holdings Overlap
We hold position weights for 2 holdings in TSPY and 1 in XBOC, totalling 99.8% and 99.2% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 1 positions appear in both.
1 positions in common, counted across the 2 positions we hold weights for in TSPY and 1 in XBOC, against full books of 3 and 21.
Top Shared Holdings
| Stock | Weight in TSPY | Weight in XBOC | Difference |
|---|---|---|---|
| VOOVanguard S&P 500 ETF | 99.49% | 99.21% | 0.28% |
You are not choosing between two funds in isolation.
Whichever of TSPY and XBOC 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, TSPY or XBOC?
TSPY has an expense ratio of 0.71% while XBOC charges 0.79%. TSPY is the cheaper option, by $8 a year on a $10,000 investment.
Which performed better, TSPY or XBOC?
Over the past year TSPY returned +14.60% vs +12.15% for XBOC, so TSPY leads on 1-year performance. Over the longest common window we track (2 years), TSPY annualized +16.49% vs +10.53% for XBOC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, TSPY or XBOC?
TSPY has been the more volatile fund at 12.2% annualized versus 6.3% for XBOC. Worst drawdown: TSPY -18.0% vs XBOC -12.5%.
Should I hold both TSPY and XBOC?
TSPY and XBOC have a monthly-return correlation of 0.94, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, TSPY or XBOC?
TSPY yields 15.20% while XBOC yields 0.00%, so TSPY currently pays the higher dividend yield.
Is XBOC better than TSPY?
TSPY has a lower expense ratio. TSPY led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.94. Which one suits a particular account depends on what it is for. This is information, not a recommendation.