Expense Ratio History

SPY vs SWPPX: fees

State Street SPDR S&P 500 ETF Trust and Schwab S&P 500 Index Fund both track the S&P 500. SWPPX is cheaper, at 0.020% against 0.0945% for SPY.

SPY

State Street SPDR S&P 500 ETF Trust

0.0945%

Yearly cost per $10,000
$9.45
Fund company
State Street
Type
ETF
Read on
19 October 2026

SWPPX

Schwab S&P 500 Index Fund

0.020%

Yearly cost per $10,000
$2
Fund company
Schwab
Type
Index mutual fund
Read on
19 October 2026
Last change
0.03% to 0.02%, 14 Dec 2018

What the difference costs

On $10,000 held for 10 years at a steady 5% return, SPY's fee costs about $121 and SWPPX's about $26, a difference of $96. The gap is 7.45 basis points a year, or $7.45 a year on every $10,000.

Fees are one fact among many. The two funds may differ in structure, minimums, tax treatment and tracking, and this site doesn't compare any of that. Each fund's page has its fee history and sources.

Fee history

SPY
SPY expense ratio: read at 0.0945% on 19 Oct 2026.0.00%0.05%0.10%0.15%0.20%Aug 2026Sep 2026Oct 20260.0945% on 19 Oct 2026
SPY expense ratio: read at 0.0945% on 19 Oct 2026.0.00%0.05%0.10%0.15%0.20%Aug 2026Sep 2026Oct 20260.0945% on 19 Oct 2026
SWPPX
SWPPX expense ratio: 0.10% until 28 Feb 2014, then 0.09%; 0.09% until 28 Feb 2017, then 0.03%; 0.03% until 14 Dec 2018, then 0.02%; read at 0.020% on 19 Oct 2026.0.00%0.05%0.10%0.15%Feb 2012Aug 2014Feb 2017Aug 2019Feb 2022Aug 20240.10% before0.02% from 14 Dec 2018
SWPPX expense ratio: 0.10% until 28 Feb 2014, then 0.09%; 0.09% until 28 Feb 2017, then 0.03%; 0.03% until 14 Dec 2018, then 0.02%; read at 0.020% on 19 Oct 2026.0.00%0.05%0.10%0.15%Feb 2012Jan 2017Dec 20210.10% before0.02% from 14 Dec 2018

All S&P 500 index funds we track

Compare them all