A
vs
B
Share
Ask IQ about these two funds

DECZ vs SPY: Differences, Returns & Fees

Over the year DECZ returned +10.9% to SPY's +15.8%, and SPY charges 0.09% to DECZ's 0.79%. Net assets: $37m on Oct 19, 2026 for TrueShares Structured Outcome (December) ETF, and $818.4bn on Oct 20, 2026 for SPDR S&P 500 ETF Trust.

Ask IQ about this page

Ask IQ about DECZ and SPY

Answers cite the figures on this page.

SPY costs 0.70 points a year less; their one-year returns differ by 4.9 points; SPY is far larger, $816.6bn against $37m.

DECZ vs SPY: Differences, Returns & Fees
DECZSPY
Expense ratio0.79%0.09%
Net assets, as of Oct 19, 2026$37m$816.6bn
Total return, 1 year+10.9%+15.8%
What it tracksSPXS&P 500 Index
Holdings in commonnot published
In the S&P 500, by weight100%
Top ten holdings, share of the fund38.7%
Index fall to the buffer11.8%
Fund price fall to the buffer12.2%
Buffer left, in index points10.0% of 10.0%
Days left in the period42
Period endsNov 30, 2026
+10.9%
DECZ total return, 1 year
+15.8%
SPY total return, 1 year
0.79%
DECZ expense ratio
0.09%
SPY expense ratio

Get SPY's fund flows by email, every Monday.

Plus the Friday ETF note. Confirm from the link that arrives, and unsubscribe in one click. See Privacy.

On the same fields

DECZ
TrueShares Structured Outcome (December) ETF
SPY
SPDR S&P 500 ETF Trust
Where it sits Buffer ETF Stock ETF
Issuer TrueShares State Street
What it is Defined outcome, 10% on SPX Tracks the S&P 500
Total return, 1 year +10.9% +15.8%
Its benchmark over the same days +14.6% (SPX) +15.9% (VOO)
Gap to its benchmark −3.7 pts vs SPX −0.1 pts vs VOO
Expense ratio 0.79% 0.09%
Holdings not read by ETFIQ 504
Net assets, DECZ as of Oct 19, 2026 and SPY as of Oct 20, 2026 $37m $818.4bn

DECZ and SPY on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About DECZ

This fund has no cap. It takes a share of any further rise in SPX. The fund's price can fall 12.2% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPX can fall 11.8% from today's level to the point where the buffer begins. Protection left, in index points: 10.0% of the 10.0% buffer still sits below today's SPX level. 42 days remained on Oct 19, 2026. On Nov 30, 2026 the period ends and new terms are set.

About SPY

SPY tracks the S&P 500. Over the year to Oct 20, 2026 it returned +15.8% with distributions reinvested, against +15.9% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.09% a year. By its holdings published by its issuer for Oct 19, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 504 positions, with the top ten at 38.7%.

Questions people ask

Are DECZ and SPY in the same category?
DECZ is a buffer ETF and SPY is a stock ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which returned more over the last year, DECZ or SPY?
In the year to Oct 20, 2026, with distributions reinvested, DECZ returned +10.9% and SPY +15.8%.
Which is cheaper, DECZ or SPY?
SPY is cheaper, by 0.70 percentage points a year. That is about $70 on $10,000 held for a year. Fees come from each fund's prospectus.
Other comparisons
DECZ vs IVVDECZ vs VOODECZ vs SPYMNOVZ vs SPYJULZ vs SPYMARZ vs SPYMAYZ vs SPYJANZ vs SPY
DECZ on its own →SPY on its own →Hold both: look the portfolio through →Rankings →DECZ dividend history →SPY dividend history →SPY holdings →Standards and sources →
Where these figures came from
DECZ filings on SEC EDGAR ↗TrueShares website ↗SPY filings on SEC EDGAR ↗State Street website ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

Cite this pageCitation, APA and Markdown

ETFIQ, DECZ against SPY, data as of Oct 20, 2026. https://etfiq.com/compare/any/decz-vs-spy

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.