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SPSM vs SPY

State Street SPDR Portfolio S&P 600 Small Cap ETF vs State Street SPDR S&P 500 ETF Trust

SPSM

State Street SPDR Portfolio S&P 600 Small Cap ETF

State Street Investment Management

Annual cost

0.03%

Fund size

$15.4B

SPY

State Street SPDR S&P 500 ETF Trust

State Street Investment Management

Annual cost

0.09%

Fund size

$735.1B

Key differences

  • SPSM costs 0.06% less per year.
  • SPY is significantly larger than SPSM — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, SPY has delivered higher annualized returns.
  • SPY has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SPSMSPY
Annual cost (TER)0.03%0.09%
Fund size (AUM)$15.4B$735.1B
Since20131993
Dividend yield1.44%1.03%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+33.1%+29.4%
CAGR 3Y+15.4%+23.1%
CAGR 5Y+6.0%+14.0%
Sharpe 3Y0.631.22
Volatility 1Y17.58%12.00%
Max drawdown-42.89%-33.72%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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