Which returned more over the last year, SPYM or XBJL?

In the year to Sep 21, 2026, with distributions reinvested, SPYM returned +16.6% and XBJL returned +9.5%, so SPYM returned more.

Which is cheaper, SPYM or XBJL?

SPYM charges 1.30% a year and XBJL charges 0.79%, so XBJL is cheaper. Fees come from each fund's prospectus.

Are SPYM and XBJL the same kind of fund?

No. SPYM is an index ETF and XBJL is a buffer ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.

Data as of Sep 21, 2026.

ETFIQetfiq.com · independent ETF data

SPYM vs XBJL: how they differ

Over the year SPYM returned more, +16.6% to XBJL's +9.5%, and XBJL charges 0.79% to SPYM's 1.30%.

State Street SPDR Portfolio S&P 500 ETF and Innovator U.S. Equity Accelerated 9 Buffer ETF - Jul.

SPYM and XBJL on the fields both publish, as of Sep 21, 2026. Source: ETFIQ.
	SPYM State Street SPDR Portfolio S&P 500 ETF	XBJL Innovator U.S. Equity Accelerated 9 Buffer ETF - Jul
Where it sits	Core fund	Buffer ETF
Issuer	State Street	Innovator
What it is	Tracks the S&P 500	Defined outcome, 9% on SPY
Total return, 1 year	+16.6%	+9.5%
S&P 500 over the same days	+16.6%	+16.6%
Gap to the S&P 500	+0.1 pts	−7.1 pts
Expense ratio	1.30%	0.79%
Holdings	508	not filed
Net assets	$172.2bn	$77m

SPYM in plain words

SPYM tracks the S&P 500. Over the year to Sep 18, 2026 it returned +16.6% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 1.30% a year. By its holdings published by its issuer for Sep 18, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 508 positions, with the top ten at 38.6%.

XBJL in plain words

From its price on Sep 21, 2026, the fund can gain about 10.3% more before it reaches its cap. The fund's price can fall 3.1% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 3.5% from today's level to the point where the buffer begins. Protection left, in index points: 9.0% of the 9.0% buffer still sits below today's SPY level. 282 days remained on Sep 21, 2026. On Jun 30, 2027 the period ends and a new cap is set.

Questions people ask

Which returned more over the last year, SPYM or XBJL?: In the year to Sep 21, 2026, with distributions reinvested, SPYM returned +16.6% and XBJL returned +9.5%, so SPYM returned more.
Which is cheaper, SPYM or XBJL?: SPYM charges 1.30% a year and XBJL charges 0.79%, so XBJL is cheaper. Fees come from each fund's prospectus.
Are SPYM and XBJL the same kind of fund?: No. SPYM is an index ETF and XBJL is a buffer ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.

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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.

SPYM against XBJL, ETFIQ, data as of Sep 21, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, SPYM against XBJL, data as of Sep 21, 2026. https://etfiq.com/compare/any/spym-vs-xbjl Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources