SFLR vs SPY: Differences, Returns & Fees
SFLR and SPY hold 66% of their weight in the same names, and SPY returned +17.3% over the year. Net assets: $2.3bn on Oct 9, 2026 for Innovator Equity Managed Floor ETF, and $817.2bn on Oct 8, 2026 for SPDR S&P 500 ETF Trust.
SPY costs 0.80 points a year less; their one-year returns differ by 7.4 points; SPY is far larger, $817.2bn against $2.3bn.
| SFLR | SPY | |
|---|---|---|
| Expense ratio | 0.89% | 0.09% |
| Net assets, as of Oct 8, 2026 | $2.3bn | $817.2bn |
| Total return, 1 year | +9.9% | +17.3% |
| What it tracks | No index, actively managed | S&P 500 Index |
| Holdings in common | 66% | |
| Top ten holdings, share of the fund | 37.9% | 39.1% |
Holdings in common uses holdings dated Jul 31, 2026 and Oct 8, 2026.
What they hold in common
By the books each fund has filed, SFLR and SPY hold 66% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Jul 31, 2026 and Oct 8, 2026.
half
66% in common
On the same fields
SFLR and SPY on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.
About SFLR
SFLR is actively managed and tracks no index. Over the year to Oct 9, 2026 it returned +9.9% with distributions reinvested. The prospectus expense ratio is 0.89% a year. By its holdings filed for Jul 31, 2026, 91% of the fund by weight is stocks the S&P 500 also holds, across 188 positions, with the top ten at 37.9%.
About SPY
SPY tracks the S&P 500. Over the year to Oct 9, 2026 it returned +17.3% with distributions reinvested, against +17.3% 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 8, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 504 positions, with the top ten at 39.1%.
Questions people ask
- Which returned more over the last year, SFLR or SPY?
- In the year to Oct 9, 2026, with distributions reinvested, SFLR returned +9.9% and SPY +17.3%.
- Which is cheaper, SFLR or SPY?
- SPY is cheaper, by 0.80 percentage points a year. That is about $80 on $10,000 held for a year. Fees come from each fund's prospectus.
ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, SFLR against SPY, data as of Oct 9, 2026. https://etfiq.com/compare/any/sflr-vs-spy
ETFIQ. (Oct 9, 2026). SFLR against SPY. Retrieved from https://etfiq.com/compare/any/sflr-vs-spy
[SFLR against SPY (ETFIQ, Oct 9, 2026)](https://etfiq.com/compare/any/sflr-vs-spy)
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.