ARTY vs. SPY

Last updated Aug 2, 2026

ARTY (iShares Future AI & Tech ETF) and SPY (State Street SPDR S&P 500 ETF) are both exchange-traded funds - ARTY is a Artificial Intelligence fund tracking the Morningstar Global Artificial Intelligence Select Index (Net), while SPY is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 5 years, ARTY returned 9.92%/yr vs 12.76%/yr for SPY. Their correlation of 0.82 means they have usually moved in the same direction. ARTY charges 0.47%/yr vs 0.09%/yr for SPY.

Performance

ARTY vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Future AI & Tech ETF (ARTY) and State Street SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ARTY achieves a 38.42% return, which is significantly higher than SPY's 10.13% return.

ARTY

• 1D: 0.60%
• 1M: -6.25%
• 6M: 29.47%
• YTD: 38.42%
• 1Y: 57.81%
• 3Y*: 25.12%
• 5Y*: 9.92%
• 10Y*: —
• ALL TIME*: 14.64%

SPY

• 1D: 0.72%
• 1M: 0.30%
• 6M: 8.53%
• YTD: 10.13%
• 1Y: 21.49%
• 3Y*: 19.32%
• 5Y*: 12.76%
• 10Y*: 15.07%
• ALL TIME*: 10.79%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ARTY iShares Future AI & Tech ETF	$36.04M	$40.00M	$59.74M
SPY State Street SPDR S&P 500 ETF	$37.27B	$35.99B	$39.23B

ARTY vs. SPY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
ARTY iShares Future AI & Tech ETF	38.42%	29.97%	8.02%	36.37%	-37.89%	6.32%	48.85%	34.47%	-13.76%
SPY State Street SPDR S&P 500 ETF	10.13%	17.72%	24.89%	26.18%	-18.18%	28.73%	18.33%	31.22%	-6.25%

Correlation

The correlation between ARTY and SPY is 0.80, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.80
Correlation (3Y) Balances recent behavior with more history.	0.81
Correlation (5Y) Shows whether the relationship held over a longer period.	0.82
Correlation (All Time) Calculated using the full available price history since Jun 28, 2018	0.82

The correlation between ARTY and SPY has been stable across timeframes, ranging from 0.80 to 0.82 - a consistent structural relationship.

ARTY vs. SPY - Sectors Allocation Comparison

Sectors	ARTY	SPY
Technology	87.8%	36.9%
Industrials	5.3%	7.6%
Communication Services	3.0%	9.7%
Utilities	1.6%	2.6%
Real Estate	1.4%	2.0%
Healthcare	0.9%	9.4%
Financial Services	0.7%	12.5%
Basic Materials	-	1.9%
Consumer Cyclical	-	8.9%
Consumer Defensive	-	4.8%
Energy	-	3.4%

Return for Risk

ARTY vs. SPY — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ARTY

ARTY Risk / Return Rank: 60
ARTY Sharpe Ratio Rank: 62
ARTY Sortino Ratio Rank: 56
ARTY Omega Ratio Rank: 57
ARTY Calmar Ratio Rank: 65
ARTY Martin Ratio Rank: 61

SPY

SPY Risk / Return Rank: 67
SPY Sharpe Ratio Rank: 67
SPY Sortino Ratio Rank: 64
SPY Omega Ratio Rank: 65
SPY Calmar Ratio Rank: 64
SPY Martin Ratio Rank: 76

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ARTY vs. SPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Future AI & Tech ETF (ARTY) and State Street SPDR S&P 500 ETF (SPY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ARTY	SPY	Difference
Sharpe ratio: Return per unit of total volatility	1.44	1.52	-0.08
Sortino ratio: Return per unit of downside risk	1.93	2.11	-0.18
Omega ratio: Gain probability vs. loss probability	1.25	1.27	-0.03
Calmar ratio: Return relative to maximum drawdown	2.24	2.20	+0.04
Martin ratio: Return relative to average drawdown	7.25	9.40	-2.15

ARTY vs. SPY - Sharpe Ratio Comparison

The current ARTY Sharpe Ratio is 1.44, which is comparable to the SPY Sharpe Ratio of 1.52. The chart below compares the historical Sharpe Ratios of ARTY and SPY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ARTY vs. SPY - Drawdown Comparison

The maximum ARTY drawdown since its inception was -54.50%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ARTY and SPY.

Drawdown Indicators

	ARTY	SPY	Difference
Max Drawdown Largest peak-to-trough decline	-54.50%	-55.19%	+0.69%
Max Drawdown (1Y) Largest decline over 1 year	-24.00%	-8.88%	-15.12%
Max Drawdown (3Y) Largest decline over 3 years	-32.44%	-18.76%	-13.68%
Max Drawdown (5Y) Largest decline over 5 years	-50.53%	-24.50%	-26.03%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.72%	—
Current Drawdown Current decline from peak	-17.41%	-1.40%	-16.01%
Average Drawdown Average peak-to-trough decline	-19.68%	-9.01%	-10.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.42%	2.08%	+5.34%

Volatility

ARTY vs. SPY - Volatility Comparison

iShares Future AI & Tech ETF (ARTY) has a higher volatility of 14.17% compared to State Street SPDR S&P 500 ETF (SPY) at 3.58%. This indicates that ARTY's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARTY	SPY	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.17%	3.58%	+10.59%
Volatility (6M) Calculated over the trailing 6-month period	33.16%	10.14%	+23.02%
Volatility (1Y) Calculated over the trailing 1-year period	37.34%	12.89%	+24.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.29%	17.18%	+13.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.64%	17.95%	+10.69%

ARTY vs. SPY - Expense Ratio Comparison

ARTY has a 0.47% expense ratio, which is higher than SPY's 0.09% expense ratio.

Dividends

ARTY vs. SPY - Dividend Comparison

ARTY's dividend yield for the trailing twelve months is around 0.07%, less than SPY's 1.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ARTY iShares Future AI & Tech ETF	0.07%	0.00%	0.50%	0.88%	0.75%	2.41%	0.53%	0.69%	0.34%	0.00%	0.00%	0.00%
SPY State Street SPDR S&P 500 ETF	1.01%	1.07%	1.21%	1.40%	1.65%	1.20%	1.52%	1.75%	2.04%	1.80%	2.03%	2.06%

Frequently Asked Questions

Can I hold both ARTY and SPY in my portfolio?

ARTY and SPY have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ARTY or SPY?

ARTY has higher volatility (14.17%) compared to SPY (3.58%). In terms of maximum drawdown, ARTY dropped -54.50% vs SPY's -55.19%.

Which ETF is better, ARTY or SPY?

On 5-year performance, SPY leads with 12.76% vs 9.92% for ARTY. On fees, SPY is cheaper at 0.09% per year. On volatility, SPY has been the lower-risk option at 3.58%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ARTY or SPY?

Over the 5-year period, SPY has performed better with a 12.76% return vs 9.92%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ARTY or SPY?

SPY is cheaper with a 0.09% expense ratio, compared with 0.47% for ARTY.

Which ETF pays a higher dividend yield, ARTY or SPY?

SPY has the higher dividend yield at 1.01%, compared with 0.07% for ARTY.

What is the main difference between ARTY and SPY?

ARTY is categorized as Artificial Intelligence, while SPY is S&P 500. ARTY tracks Morningstar Global Artificial Intelligence Select Index (Net), while SPY tracks S&P 500 Index. They also come from different issuers: iShares and State Street. Their fees differ too: 0.47% for ARTY and 0.09% for SPY.

Which has better risk-adjusted returns?

SPY currently has the higher Sharpe Ratio (1.52 vs 1.44), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.