ASMU vs SPY

Quick Verdict

SPY has a lower expense ratio. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricASMUSPYWinner
Expense Ratio0.97%0.09%
AUM$16M$789.1B
Dividend Yield0.44%1.01%
Holdings8505
YTD Return+29.56%+13.39%
1Y Return-+22.52%
3Y Return (annualized)-+21.36%
5Y Return (annualized)-+13.19%
Volatility (annualized)-15.3%
Max Drawdown-41.1%-56.5%
Fund FamilyDirexion Shares ETF TrustState Street Investment Management
CategoryAlternativeEquity
InceptionFeb 11, 2026Jan 22, 1993

ASMU vs SPY Performance

Direxion Daily ASML Bull 2X ETF (ASMU) is a ETF from Direxion Shares ETF Trust and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, ASMU is up 29.56% versus a gain of 13.39% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -41.1% for ASMU and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

ASMU charges 0.97% per year while SPY charges 0.09%. On a $10,000 position that is $97 vs $9 annually, a gap of $88 per year that compounds over a long holding period. On income, ASMU currently yields 0.44% against 1.01% for SPY.

Holdings Overlap

0.0%overlap

ASMU and SPY share 0 holdings out of 507 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, ASMU or SPY?

ASMU has an expense ratio of 0.97% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $88 per year of difference.

What is the holdings overlap between ASMU and SPY?

ASMU and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 507 unique securities.

Which pays a higher dividend, ASMU or SPY?

ASMU yields 0.44% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

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