XCHGvsSPYETF Comparison
VS
AB US Equity ETF (XCHG) and State Street SPDR S&P 500 ETF Trust (SPY) belong to the same industry segment: US Large Cap. Both ETFs have the same top 3 sector exposures: Technology, Finance and Healthcare. XCHG is more expensive with a Total Expense Ratio (TER) of 0.5%, versus 0.0945% for SPY. XCHG is up 10.78% year-to-date (YTD) with -$6M in YTD flows. SPY performs better with 14.08% YTD performance, and +$17.66B in YTD flows. Run a side-by-side ETF comparison of XCHG and SPY below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
XCHG vs SPY performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/14/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | XCHG SPY | +1.36%+2.15% | +2.38%+2.52% | +10.78%+14.08% | n/a+17.33% | n/a+83.51% | n/a+85.14% |
| Flows | XCHG SPY | -$826K+$8.68B | -$3M+$12.54B | -$6M+$17.66B | -+$35.89B | -+$81.93B | -+$91.44B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | XCHG SPY | +10.22%+11.00% | n/a+12.68% | n/a+14.96% | n/a+16.96% |
| Max drawdown | XCHG SPY | -3.46%-3.37% | n/a-8.89% | n/a-18.74% | n/a-24.50% |
| Max drawdown duration | XCHG SPY | 62d16d | n/a76d | n/a126d | n/a708d |
Trading data
XCHG | SPY | |
Last sale 10/16/2026 at 1:30 PM | $27.45 | $763.25 |
| Previous close 10/15/2026 | $27.69 | $771.79 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 30, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
XCHG
is actively managed and doesn’t replicate an indexXCHG | SPY | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
XCHG | SPY | |
|---|---|---|
| Last price | $27.45 | $763.25 |
| 1D performance | -0.87% | -1.11% |
| AuM | $717.37 M | $823.11 B |
| E/R | 0.5% | 0.0945% |
Characteristics
XCHG | SPY | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | AllianceBernstein | State Street Investment Management |
| Benchmark | - | S&P 500 Index |
| N° of holdings | 3476 | 497 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | December 15, 2025 | January 22, 1993 |
| ESG | No | No |
Exposure
Countries
XCHG
USA
91.45%
Other
8.55%
SPY
USA
96.4%
Other
3.6%
Sectors
XCHG
Technology
42.83%
Finance
14.82%
Healthcare
10.23%
Industrials
10.18%
Consumer Non-Cycl.
9.09%
Other
12.85%
SPY
Technology
45.23%
Finance
13.62%
Healthcare
9.08%
Consumer Non-Cycl.
8.88%
Industrials
7.46%
Other
15.72%
Advertisement
Diversification
XCHG
Total weight of top 15 holdings out of 15
49.61%
SPY
Total weight of top 15 holdings out of 15
44.11%
Top 15 holdings
Data as of August 31, 2026
XCHG
NVIDIA Corp.
8.12%
Microsoft Corp.
6.63%
Apple, Inc.
5.48%
Amazon.com, Inc.
4.95%
Alphabet, Inc.
3.83%
Broadcom Inc.
3.11%
Visa, Inc.
2.99%
Meta Platforms, Inc.
2.90%
Alphabet, Inc.
2.31%
The Charles Schwab Corp.
1.62%
Taiwan Semiconductor Manufacturing Co., Ltd.
1.62%
UnitedHealth Group, Inc.
1.57%
Thermo Fisher Scientific, Inc.
1.51%
Merck & Co., Inc.
1.49%
GE Vernova, Inc.
1.48%
SPY
NVIDIA Corp.
8.07%
Apple, Inc.
7.03%
Microsoft Corp.
5.69%
Amazon.com, Inc.
3.84%
Alphabet, Inc.
3.00%
Broadcom Inc.
2.65%
Alphabet, Inc.
2.39%
Meta Platforms, Inc.
1.90%
Micron Technology, Inc.
1.63%
Tesla, Inc.
1.56%
JPMorgan Chase & Co.
1.44%
Berkshire Hathaway, Inc.
1.40%
Eli Lilly & Co.
1.38%
Advanced Micro Devices, Inc.
1.16%
Johnson & Johnson
0.97%
Frequently asked questions about XCHG and SPY
How have the XCHG and SPY ETFs performed in 2026?
As of October 14, 2026, XCHG is up 10.78% year-to-date (YTD), while SPY has returned 14.08%. That puts SPY better performer ahead so far this year.
Which ETF is attracting more investor money: XCHG or SPY?
Year-to-date, the XCHG ETF saw -$6M in flows, compared to +$17.66B for SPY.
Which ETF is bigger: XCHG or SPY?
As of October 14, 2026, XCHG holds $717.37 M in assets under management (AUM), while SPY manages $823.11 B.
What sectors do the XCHG and SPY ETFs invest in?
XCHG leans toward sectors like Technology, Finance and Healthcare. Meanwhile, SPY focuses on Technology, Finance and Healthcare.
What are the top holdings of the XCHG ETF and SPY ETF?
XCHG top holdings include NVIDIA Corp., Microsoft Corp. and Apple, Inc.. SPY holds in its top three: NVIDIA Corp., Apple, Inc. and Microsoft Corp..
Which ETF is more diversified: XCHG or SPY?
XCHG holds 3596 securities with 49.61% of its assets in the top 15. SPY has 500 securities and a top 15 weight of 44.11%.
Latest news about XCHG & SPY
The Weekly ETF Market Monitor (October 5-9, 2026)
October 12, 2026
SPY
The Weekly ETF Market Monitor (September 21-25, 2026)
September 26, 2026
SPY
The Weekly ETF Market Monitor (September 14-18, 2026)
September 19, 2026
SPY
The Weekly ETF Market Monitor (August 24-28, 2026)
August 31, 2026
SPY
Advertisement
There’s an ETF for That? Box Spreads
August 27, 2026
SPY
There’s an ETF for That? Box Spreads
August 27, 2026
SPY
The Weekly ETF Market Monitor (August 17-21, 2026)
August 24, 2026
SPY
Advertisement
