State Street SPDR S&P 500 ETF (SPY) Alternatives
State Street SPDR S&P 500 ETF (SPY) belongs to the S&P 500 category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SPY. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to SPY
SPY charges 0.09% annually. Among ETFs in the S&P 500 category, these options have the lowest expense ratios among SPY alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| State Street SPDR Portfolio S&P 500 ETF | 0.02% | Nov 8, 2005 | SPY vs SPYM | |
| iShares Core S&P 500 ETF | 0.03% | May 15, 2000 | SPY vs IVV | |
| Vanguard S&P 500 ETF | 0.03% | Sep 7, 2010 | SPY vs VOO | |
| SPDR Portfolio S&P 500 Value ETF | 0.04% | Sep 25, 2000 | SPY vs SPYV | |
| State Street SPDR Portfolio S&P 500 Growth ETF | 0.04% | Sep 25, 2000 | SPY vs SPYG |
Best Risk-Adjusted Alternatives to SPY
Among ETFs in the S&P 500 category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Invesco S&P 500® High Beta ETF | 87 | May 5, 2011 | SPY vs SPHB | |
| Direxion Daily S&P 500 High Beta Bull 3X Shares | 83 | Nov 7, 2019 | SPY vs HIBL | |
| PGIM Laddered S&P 500 Buffer 20 ETF | 77 | Jun 11, 2024 | SPY vs PBFR | |
| Invesco S&P 500 Value with Momentum ETF | 74 | Jun 16, 2011 | SPY vs SPVM | |
| Invesco S&P 500 Equal Weight Technology ETF | 74 | Jan 11, 2006 | SPY vs RSPT |
Top Performing SPY Alternatives (YTD)
SPY alternatives from the S&P 500 category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Invesco S&P 500 Equal Weight Energy ETF | 33.74% | Nov 1, 2006 | SPY vs RSPG | |
| Invesco S&P 500® Equal Weight Materials ETF | 14.63% | Nov 1, 2006 | SPY vs RSPM | |
| Invesco S&P 500 Equal Weight Utilities ETF | 9.81% | Nov 1, 2006 | SPY vs RSPU | |
| AAM S&P 500 High Dividend Value ETF | 7.69% | Nov 28, 2017 | SPY vs SPDV | |
| Invesco S&P 500 High Dividend Growers ETF | 6.56% | Dec 4, 2023 | SPY vs DIVG |
Lowest Volatility Alternatives to SPY
SPY alternatives from the S&P 500 category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | 6.69% | May 1, 2024 | SPY vs CPSM | |
| Global X S&P 500 Risk Managed Income ETF | 6.88% | Aug 25, 2021 | SPY vs XRMI | |
| PGIM Laddered S&P 500 Buffer 20 ETF | 8.18% | Jun 11, 2024 | SPY vs PBFR | |
| Global X S&P 500 Collar 95-110 ETF | 10.53% | Aug 25, 2021 | SPY vs XCLR | |
| Invesco S&P 500 Downside Hedged ETF | 10.58% | Dec 6, 2012 | SPY vs PHDG |
Lowest Drawdown Alternatives to SPY
SPY alternatives from the S&P 500 category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | -4.99% | May 1, 2024 | SPY vs CPSM | |
| Global X S&P 500 Risk Managed Income ETF | -5.02% | Aug 25, 2021 | SPY vs XRMI | |
| PGIM Laddered S&P 500 Buffer 20 ETF | -6.15% | Jun 11, 2024 | SPY vs PBFR | |
| PGIM Laddered S&P 500 Buffer 12 ETF | -8.16% | Jun 11, 2024 | SPY vs BUFP | |
| Global X S&P 500 Collar 95-110 ETF | -8.29% | Aug 25, 2021 | SPY vs XCLR |
Other ETFs from State Street
Most popular State Street ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| SPDR Gold Shares | Gold, Precious Metals | 85 | 10.47% | Nov 18, 2004 | SPY vs GLD | |
| State Street Technology Select Sector SPDR ETF | Technology Equities | 65 | -6.18% | Dec 16, 1998 | SPY vs XLK | |
| SPDR Portfolio S&P 500 High Dividend ETF | S&P 500, Dividend | 25 | 5.92% | Oct 21, 2015 | SPY vs SPYD | |
| SPDR Gold MiniShares Trust | Precious Metals, Gold | 86 | 10.46% | Jun 25, 2018 | SPY vs GLDM | |
| State Street Energy Select Sector SPDR ETF | Energy Equities | 58 | 32.76% | Dec 16, 1998 | SPY vs XLE | |
| Utilities Select Sector SPDR Fund | Utilities Equities | 66 | 8.77% | Dec 16, 1998 | SPY vs XLU | |
| SPDR Barclays 1-3 Month T-Bill ETF | Government Bonds | 100 | 0.88% | May 25, 2007 | SPY vs BIL | |
| SPDR Dow Jones Industrial Average ETF | Large Cap Growth Equities | 41 | -2.78% | Jan 14, 1998 | SPY vs DIA | |
| Financial Select Sector SPDR Fund | Financials Equities | 13 | -9.27% | Dec 16, 1998 | SPY vs XLF | |
| State Street Health Care Select Sector SPDR ETF | Health & Biotech Equities | 18 | -4.18% | Dec 16, 1998 | SPY vs XLV |
Often Compared With SPY
What investors most often compare with SPY, based on PortfoliosLab usage data.
Compare SPY with Any Fund or Stock
Compare SPY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.