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Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

SPY vs SPYM: how they differ

SPY and SPYM hold 100% of their weight in the same names.

SPDR S&P 500 ETF Trust and State Street(R) SPDR(R) Portfolio S&P 500(R) ETF.

What they hold in common

By the books each fund has filed, SPY and SPYM hold 100% of their money in the same securities at the same weight.

Positions SPY and SPYM both hold, largest shared weight first
HoldingSPYSPYM
NVIDIA CORP8.08%8.07%
APPLE INC7.33%7.32%
MICROSOFT CORP5.59%5.58%
AMAZON.COM INC3.77%3.76%
ALPHABET INC CL A2.98%2.98%
BROADCOM INC2.61%2.61%
ALPHABET INC CL C2.39%2.38%
META PLATFORMS INC CLASS A2.16%2.16%
MICRON TECHNOLOGY INC1.69%1.68%
TESLA INC1.56%1.56%
JPMORGAN CHASE + CO1.45%1.45%
BERKSHIRE HATHAWAY INC CL B1.42%1.42%
Largest positions each one holds and the other does not
Only in SPYOnly in SPYM
SSI US GOV MONEY MARKET CLASS 0.07%
CONTRA WALGREENS BOOTS 0.00%

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 Sep 10, 2026.

SPY and SPYM on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
SPY
SPDR S&P 500 ETF Trust
SPYM
State Street(R) SPDR(R) Portfolio S&P 500(R) ETF
Where it sitsCore index fundCore index fund
IssuerState StreetState Street
What it isS&P 500S&P 500
Total return, 1 year+17.5%+17.6%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 5000.0 pts+0.1 pts
Expense ratio0.09%1.30%
Already in the S&P 500100.0%100.0%
Holdings505507

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 Sep 10, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 505 positions, with the top ten at 38.2%.

SPYM in plain words

SPYM is an index equity fund tracking the S&P 500. Over the year to Sep 11, 2026 it returned +17.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 1.30% a year. By its holdings filed for Sep 10, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 507 positions, with the top ten at 38.1%.

Questions people ask

Which returned more over the last year, SPY or SPYM?
In the year to Sep 13, 2026, with distributions reinvested, SPY returned +17.5% and SPYM returned +17.6%, so SPYM returned more. One year is one year; the longer windows are in the table.
Which is cheaper, SPY or SPYM?
SPY charges 0.09% a year and SPYM charges 1.30%, so SPY is cheaper. Fees come from each fund's prospectus.
How much do SPY and SPYM overlap with the S&P 500?
By their latest filed holdings, 100% of SPY and 100% of SPYM by weight is stocks the S&P 500 already holds. Between the two funds, 100% of their books are the same securities at the same weight.

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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.

SPY against SPYM, ETFIQ, data as of Sep 13, 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, SPY against SPYM, data as of Sep 13, 2026. https://etfiq.com/compare/any/spy-vs-spym Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources