SPUS vs SPY: Differences, Returns & Fees

SPUS and SPY hold 57% of their weight in the same names, and SPUS returned +21.9% over the year. Net assets: $2.7bn on May 31, 2026 for SP Funds S&P 500 Sharia Industry Exclusions ETF, and $817.2bn on Oct 8, 2026 for SPDR S&P 500 ETF Trust.

SPY costs 0.36 points a year less; their one-year returns differ by 4.6 points.

SPUSSPY
Expense ratio0.45%0.09%
Net assets, SPUS as of May 31, 2026 and SPY as of Oct 8, 2026$2.7bn$817.2bn
Total return, 1 year+21.9%+17.3%
What it tracksnot read by ETFIQS&P 500 Index
Holdings in common57%
Top ten holdings, share of the fund57.9%39.1%

Holdings in common uses holdings dated May 31, 2026 and Oct 8, 2026.

+21.9%
SPUS total return, 1 year
+17.3%
SPY total return, 1 year
0.45%
SPUS expense ratio
0.09%
SPY expense ratio

What they hold in common

By the books each fund has filed, SPUS and SPY hold 57% 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 May 31, 2026 and Oct 8, 2026.

half

57% in common

Positions both hold, largest shared weight first
Holding SPUS SPY
NVIDIA Corp 13.51% 8.34%
Apple Inc 12.06% 7.42%
Microsoft Corp 8.80% 5.80%
Alphabet Inc 5.83% 3.06%
Broadcom Inc 5.58% 2.56%
Micron Technology Inc 2.86% 1.75%
Tesla Inc 3.21% 1.58%
Advanced Micro Devices Inc 2.20% 1.51%
Eli Lilly & Co 2.29% 1.40%
Johnson & Johnson 1.42% 0.92%
AbbVie Inc 1.01% 0.72%
Cisco Systems Inc 1.25% 0.68%
Only in SPUS
Exxon Mobil Corp 1.59%
Corteva Inc 0.14%
DuPont de Nemours Inc 0.05%
Trade Desk Inc/The 0.03%
Builders FirstSource Inc 0.02%
Pool Corp 0.02%
EPAM Systems Inc 0.01%
Only in SPY
AMAZON.COM INC 3.73%
ALPHABET INC CL C 2.45%
META PLATFORMS INC CLASS A 2.38%
BERKSHIRE HATHAWAY INC CL B 1.42%
JPMORGAN CHASE + CO 1.32%
EXXONMOBIL HOLDINGS CORP 1.04%
VISA INC CLASS A SHARES 0.96%
INTEL CORP 0.80%

Check overlap with more funds →

On the same fields

SPUS
SP Funds S&P 500 Sharia Industry Exclusions ETF
SPY
SPDR S&P 500 ETF Trust
Where it sits Stock ETF Stock ETF
What it is Tracks an index Tracks the S&P 500
Total return, 1 year +21.9% +17.3%
S&P 500 over the same days +17.3% +17.3%
Gap to the S&P 500 +4.6 pts 0.0 pts
Expense ratio 0.45% 0.09%
Already in the S&P 500 99.7% 99.8%
Holdings 213 504
Net assets, SPUS as of May 31, 2026 and SPY as of Oct 8, 2026 $2.7bn $817.2bn

SPUS and SPY on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

SPUS in plain words

SPUS tracks an index. Over the year to Oct 9, 2026 it returned +21.9% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.45% a year. By its holdings filed for May 31, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 213 positions, with the top ten at 57.9%.

SPY in plain words

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, SPUS or SPY?
In the year to Oct 9, 2026, with distributions reinvested, SPUS returned +21.9% and SPY +17.3%.
Which is cheaper, SPUS or SPY?
SPY is cheaper, by 0.36 percentage points a year. That is about $36 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do SPUS and SPY overlap with the S&P 500?
By their latest filed holdings, 100% of SPUS and 100% of SPY by weight is stocks the S&P 500 already holds.
Other comparisons
Where these figures came from

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, SPUS against SPY, data as of Oct 9, 2026. https://etfiq.com/compare/any/spus-vs-spy

Open data

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