SPY vs SUSA: Differences, Returns & Fees
SPY and SUSA hold 59% of their weight in the same names. Net assets: $817.2bn on Oct 8, 2026 for SPDR S&P 500 ETF Trust, and $4.1bn on Oct 9, 2026 for iShares ESG Optimized MSCI USA ETF.
SPY costs 0.16 points a year less; their one-year returns differ by 0.3 points; SPY is far larger, $817.2bn against $4.1bn.
| SPY | SUSA | |
|---|---|---|
| Expense ratio | 0.09% | 0.25% |
| Net assets, as of Oct 8, 2026 | $817.2bn | $4.1bn |
| Total return, 1 year | +17.3% | +17.6% |
| What it tracks | S&P 500 Index | MSCI USA Extended ESG Select Index |
| Holdings in common | 59% | |
| Top ten holdings, share of the fund | 39.1% | 32.7% |
Holdings in common uses holdings dated Oct 8, 2026 and Oct 9, 2026.
What they hold in common
By the books each fund has filed, SPY and SUSA hold 59% 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 Oct 8, 2026 and Oct 9, 2026.
half
59% in common
On the same fields
SPY and SUSA on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.
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%.
About SUSA
SUSA tracks an index. Over the year to Oct 9, 2026 it returned +17.6% with distributions reinvested. The prospectus expense ratio is 0.25% a year. By its holdings published by its issuer for Oct 9, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 204 positions, with the top ten at 32.7%.
Questions people ask
- Which returned more over the last year, SPY or SUSA?
- In the year to Oct 9, 2026, with distributions reinvested, SPY returned +17.3% and SUSA +17.6%.
- Which is cheaper, SPY or SUSA?
- SPY is cheaper, by 0.16 percentage points a year. That is about $16 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.
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ETFIQ, SPY against SUSA, data as of Oct 9, 2026. https://etfiq.com/compare/any/spy-vs-susa
ETFIQ. (Oct 9, 2026). SPY against SUSA. Retrieved from https://etfiq.com/compare/any/spy-vs-susa
[SPY against SUSA (ETFIQ, Oct 9, 2026)](https://etfiq.com/compare/any/spy-vs-susa)
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