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Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

IEF vs SPY: how they differ

IEF and SPY hold 0% of their weight in the same names, and SPY returned more over the year.

iShares 7-10 Year Treasury Bond ETF and SPDR S&P 500 ETF Trust.

What they hold in common

By the books each fund has filed, IEF and SPY hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in IEFOnly in SPY
United States of America 9.71%NVIDIA Corp. 7.52%
United States of America 8.94%Apple, Inc. 6.59%
United States of America 8.91%Microsoft Corp. 4.30%
United States of America 8.89%Amazon.com, Inc. 3.62%
United States of America 8.87%Alphabet, Inc. 3.25%
United States of America 8.79%Broadcom, Inc. 2.77%
United States of America 8.69%Alphabet, Inc. 2.59%
United States of America 8.46%Micron Technology, Inc. 2.02%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and May 31, 2026.

IEF and SPY on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
IEF
iShares 7-10 Year Treasury Bond ETF
SPY
SPDR S&P 500 ETF Trust
Where it sitsCore index fundCore index fund
IssueriSharesState Street
What it is7-10 Year Treasury BondS&P 500, book from IVV
Total return, 1 year−2.7%+17.5%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−20.2 pts0.0 pts
Expense ratio0.15%0.09%
Holdings15504

IEF in plain words

IEF is a bond fund tracking the 7-10 Year Treasury Bond. Over the year to Sep 11, 2026 it returned −2.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. It sat 13.3% below its high of Aug 4, 2020 on Sep 11, 2026.

SPY in plain words

SPY is an index equity fund tracking the S&P 500. Over the year to Sep 11, 2026 it returned +17.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.09% a year. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 504 positions, with the top ten at 36.4%.

Questions people ask

Which returned more over the last year, IEF or SPY?
In the year to Sep 12, 2026, with distributions reinvested, IEF returned −2.7% and SPY returned +17.5%, so SPY returned more. One year is one year; the longer windows are in the table.
Which is cheaper, IEF or SPY?
IEF charges 0.15% a year and SPY charges 0.09%, so SPY is cheaper. Fees come from each fund's prospectus.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

IEF against SPY, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, IEF against SPY, data as of Sep 12, 2026. https://etfiq.com/compare/any/IEF-SPY Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources