FSKAX vs SPY: Yield, Cost and Returns Compared
As of Nov 5, 2026, SPY yields more: 1.02% (dividend yield) against 0.92% for FSKAX. FSKAX is cheaper to own at 0.01% a year vs 0.09%. Over the same 15 years (Sep 2011 to Oct 2026), SPY returned 15.4% a year with distributions reinvested, and FSKAX 15.1%.
SPYState Street SPDR S&P 500 ETF Trust1.02%dividend yield| Compared | FSKAX | SPY |
|---|---|---|
| YieldDividend yield | 0.92% | 1.02% |
| Expense ratio | 0.01% | 0.09% |
| Total return, 1 yr | +11.9% | +12.0% |
| Total return, 3 yr (a year) | +23.1% | +23.3% |
| Total return, 5 yr (a year) | +11.0% | +12.0% |
| Total return, 10 yr (a year) | +14.8% | +15.3% |
| Worst drop since Sep 2011 | -24.9% | -23.9% |
| Share price since Sep 2011 | +537% | +568% |
| Pays | Quarterly | Quarterly |
| Issuer | Fidelity | State Street Investment Management |
| Assets | $140.9B | $796.9B |
| Started | 2011 | 1993 |
| Type | Large Blend | Large Blend |
Higher yield
SPY
1.02%
Lower cost
FSKAX
0.01%
Better total return
SPY
15.4%/yr
Smaller worst drop
SPY
-23.9%
Key facts: FSKAX vs SPY
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, FSKAX yields 0.92% (dividend yield) and SPY yields 1.02% (dividend yield).
- FSKAX's expense ratio is 0.01% and SPY's is 0.09%: $1 vs $9 a year on $10,000.
- From Sep 2011 to Oct 2026, $10,000 in FSKAX grew to $83,074 (15.1% a year) and $10,000 in SPY to $86,735 (15.4% a year), distributions reinvested.
- Their worst month-end drops over that time: -24.9% for FSKAX and -23.9% for SPY.
- 9 of FSKAX's top ten holdings are also in SPY's top ten, an overlap of at least 32% of the fund.
Cite this page
SmarterDividends, "FSKAX vs SPY: Yield, Cost and Returns Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/fskax-vs-spy
$10,000 in each, Sep 2011 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
FSKAX became
$83,074
15.1% a year
SPY became
$86,735
15.4% a year
Year by year
| Year | FSKAX | SPY |
|---|---|---|
| 2025 | +17.1% | +17.7% |
| 2024 | +23.9% | +24.9% |
| 2023 | +26.1% | +26.2% |
| 2022 | −19.5% | −18.2% |
| 2021 | +25.7% | +28.7% |
| 2020 | +20.8% | +18.3% |
| 2019 | +30.9% | +31.2% |
| 2018 | −5.3% | −4.6% |
| 2017 | +21.2% | +21.7% |
| 2016 | +12.7% | +12.0% |
| 2015 | +0.4% | +1.2% |
| 2014 | +12.5% | +13.5% |
| 2013 | +33.4% | +32.3% |
| 2012 | +16.4% | +16.0% |
Total return each calendar year, distributions reinvested.
Top holdings
9 of the top ten overlap, at least 32% of each fund.
FSKAX
- NVDA NVIDIA Corp7.2%
- AAPL Apple Inc6.2%
- MSFT Microsoft Corp5.1%
- AMZN Amazon.com Inc3.4%
- GOOGL Alphabet Inc Class A2.7%
- AVGO Broadcom Inc2.4%
- GOOG Alphabet Inc Class C2.1%
- META Meta Platforms Inc Class A1.7%
- MU Micron Technology Inc1.5%
- TSLA Tesla Inc1.4%
SPY
- AAPL Apple Inc7.7%
- NVDA NVIDIA Corp7.6%
- MSFT Microsoft Corp5.9%
- AMZN Amazon.com Inc3.6%
- GOOGL Alphabet Inc Class A2.5%
- AVGO Broadcom Inc2.4%
- META Meta Platforms Inc Class A2.1%
- GOOG Alphabet Inc Class C2.0%
- LLY Eli Lilly and Co1.7%
- TSLA Tesla Inc1.7%
FSKAX vs SPY: questions
Is FSKAX or SPY better?
It depends on the job. SPY pays more today (1.02% vs 0.92%), FSKAX costs less, and SPY has the better total return over Sep 2011 to Oct 2026, with SPY holding up better in its worst stretch. For income, look at yield and whether the payouts hold up; for growth, total return and drawdowns.
Which pays a higher dividend, FSKAX or SPY?
SPY, at 1.02% against 0.92% for FSKAX as of Nov 5, 2026. On $10,000 that's about $102 vs $92 a year at today's rates.
Which has the better total return?
SPY. From Sep 2011 to Oct 2026, it returned 15.4% a year with distributions reinvested, against 15.1% for FSKAX. $10,000 became $86,735 vs $83,074.
Which is cheaper, FSKAX or SPY?
FSKAX, with a 0.01% expense ratio against 0.09%.
Do FSKAX and SPY hold the same things?
Partly. 9 of their top ten holdings match (NVDA, AAPL, MSFT, AMZN), at least 32% of each fund. Owning both doubles up on those.
Related comparisons
Yields, costs and holdings as each fund reports them (via Yahoo Finance), updated daily; returns from month-end prices with distributions reinvested. SPY leads on 7 of 8 measures above. For information only, not investment advice. Last fund data: Nov 5, 2026.