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SPYvsTSPYETF Comparison

ETF 1
SPY

SPDR S&P 500 ETF Trust

This fund is part of
US Large Cap
-0.56%
Full SPY fund page
VS
ETF 2
TSPY

TappAlpha SPY Growth & Daily Income ETF

This fund is part of
Options Strategies
-0.24%
Full TSPY fund page

SPDR S&P 500 ETF Trust (SPY) belongs to the US Large Cap segment. TappAlpha SPY Growth & Daily Income ETF (TSPY) is part of the Options Strategies segment. Both ETFs have the same top 3 sector exposures: Information Technology, Communication Services and Financials. SPY is less expensive with a Total Expense Ratio (TER) of 0.0945%, versus 0.77% for TSPY. SPY is down -2.87% year-to-date (YTD) with -$23.66B in YTD flows. TSPY performs worse with -3.39% YTD performance, and +$95M in YTD flows. Run a side-by-side ETF comparison of SPY and TSPY below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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SPY vs TSPY performance and flow charts

Performance

-3.0-2.0-1.00.01.02.0%Feb 13Feb 23Mar 2Mar 9

Cumulative Flows

-20,000 M-15,000 M-10,000 M-5,000 M0 M5,000 MFeb 13Feb 23Mar 2Mar 9

Get all the metrics on this page, and more, through a reliable ETF data feed

Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 03/13/2026
1M3MYTD1Y3Y5Y
Perf.
SPY
TSPY
-2.86%-3.32%
-2.43%-2.89%
-2.87%-3.39%
+21.51%+19.77%
+78.83%n/a
+78.92%n/a
Flows
SPY
TSPY
-$7.47B+$17M
-$29.32B+$112M
-$23.66B+$95M
-$39.53B+$231M
+$47.16B-
+$67.44B-
Volatility and drawdown
3M1Y3Y5Y
Volatility
SPY
TSPY
+11.76%+11.75%
+18.17%+20.08%
+14.79%n/a
+16.81%n/a
Max drawdown
SPY
TSPY
-4.79%-5.52%
-13.71%-13.19%
-18.74%n/a
-24.50%n/a
Max drawdown duration
SPY
TSPY
45d39d
45d50d
126dn/a
708dn/a
Trading data

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SPY
TSPY
Last sale
3/13/2026 at 1:30 PM
$662.29
$23.79
Previous close
03/12/2026
$666.06
$23.91
Consolidated volume
03/12/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of February 27, 2026
1-year trailing difference

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TSPY
is actively managed and doesn’t replicate an index

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SPY
TSPY
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 3/13/2026 at 1:30 PM
Live
Closed
SPY
TSPY
Last price
$662.29
$23.79
1D performance
-0.57%
-0.50%
AuM$669.05 B$248.03 M
E/R0.0945%0.77%
Characteristics
SPY
TSPY
Management strategyPassiveActive
ProviderSPDRTappAlpha
BenchmarkS&P 500 Index-
N° of holdings479479
Asset classEquities-
Trailing 12m distribution yield
Join
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Inception dateJanuary 22, 1993August 14, 2024
ESGNoNo
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Exposure

Countries

SPY
USA
96.94%
Other
3.06%
TSPY
USA
96.38%
Other
3.62%

Sectors

SPY
Information Techn.
34.58%
Communication Ser.
10.96%
Financials
10.63%
Consumer Discreti.
10.57%
Health Care
9.29%
Industrials
7.92%
Other
16.05%
TSPY
Information Techn.
34.38%
Communication Ser.
10.89%
Financials
10.57%
Consumer Discreti.
10.51%
Health Care
9.24%
Industrials
7.87%
Other
16.54%
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Diversification

SPY

Total weight of top 15 holdings out of 15

44.02%
TSPY

Total weight of top 15 holdings out of 15

43.76%

Top 15 holdings

Data as of January 31, 2026
SPY
NVIDIA
7.83%
APPLE
6.47%
MICROSOFT-T
5.39%
AMAZON.COM INC
3.93%
ALPHABET INC-CL
3.32%
ALPHABET INC-CL
2.65%
BROADCOM LIMITED
2.64%
META PLATFORMS
2.63%
TESLA
2.04%
BERKSHIRE HATHWAY
1.49%
JPMORGAN CHASE
1.40%
LILLY
1.39%
EXXON
1.01%
JOHNSON&JOHNSON
0.92%
VISA INCORPORATION
0.92%
TSPY
NVIDIA
7.79%
APPLE
6.43%
MICROSOFT-T
5.36%
AMAZON.COM INC
3.90%
ALPHABET INC-CL
3.30%
ALPHABET INC-CL
2.64%
BROADCOM LIMITED
2.62%
META PLATFORMS
2.62%
TESLA
2.03%
BERKSHIRE HATHWAY
1.48%
JPMORGAN CHASE
1.40%
LILLY
1.38%
EXXON
1.00%
JOHNSON&JOHNSON
0.92%
VISA INCORPORATION
0.91%
Frequently asked questions about SPY and TSPY

How have the SPY and TSPY ETFs performed in 2026?

As of March 13, 2026, SPY is down -2.87% year-to-date (YTD), while TSPY has lost -3.39%. That puts SPY better performer ahead so far this year.

Which ETF is attracting more investor money: SPY or TSPY?

Year-to-date, the SPY ETF saw -$23.66B in flows, compared to +$95M for TSPY.

Which ETF is more volatile: SPY or TSPY?

Over the past year, SPY had a volatility of 18.17%, while TSPY experienced 20.08%.

Which ETF is bigger: SPY or TSPY?

As of March 13, 2026, SPY holds $669.05 B in assets under management (AUM), while TSPY manages $248.03 M.

What sectors do the SPY and TSPY ETFs invest in?

SPY leans toward sectors like Information Technology, Communication Services and Financials. Meanwhile, TSPY focuses on Information Technology, Communication Services and Financials.

What are the top holdings of the SPY ETF and TSPY ETF?

SPY top holdings include NVIDIA, APPLE and MICROSOFT-T. TSPY holds in its top three: NVIDIA, APPLE and MICROSOFT-T.

Which ETF is more diversified: SPY or TSPY?

SPY holds 502 securities with 44.02% of its assets in the top 15. TSPY has 502 securities and a top 15 weight of 43.76%.

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