State Street® SPDR® S&P® 500 vs SPXS

The comparison in short

State Street® SPDR® S&P® 500 (State Street® SPDR® S&P® 500 UCITS ETF (Acc), IE000XZSV718) and SPXS (Invesco S&P 500 UCITS ETF Acc, IE00B3YCGJ38) both track the S&P 500® index. State Street® SPDR® S&P® 500 has the lower total expense ratio (TER): 0.03% a year against 0.05% for SPXS, 0.02 percentage points less, or about 2 a year on 10,000 invested. SPXS is the larger fund, with USD 58.0bn in assets against USD 44.5bn for State Street® SPDR® S&P® 500. State Street® SPDR® S&P® 500 reports 505 holdings and SPXS 503. SPXS replicates its index through a swap and publishes the collateral basket behind it, so the holdings overlap is not measured. In 2025, State Street® SPDR® S&P® 500 returned +17.6% and SPXS +17.8%, a gap of 0.2 percentage points. Over the past year, State Street® SPDR® S&P® 500 returned +15.5% and SPXS +15.6%. State Street® SPDR® S&P® 500 and SPXS both reinvest their income (accumulating share classes). State Street® SPDR® S&P® 500 holds the index securities directly (physical replication), while SPXS replicates its index through a swap (synthetic). Both are domiciled in Ireland. State Street® SPDR® S&P® 500 and SPXS both carry a risk indicator (SRRI) of 4 on the 1–7 scale. This is a factual comparison from the fund houses' documents, not investment advice.