AXUP vs SPY
T-REX 2X Long AXON Daily Target ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, AXUP or SPY?
Trading-Leveraged Equity against Large Cap Blend.
SPY has a lower expense ratio.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AXUP | SPY |
|---|---|---|
| Expense Ratio | 1.50% | 0.09%Best |
| AUM | $2M | $811.2B |
| Dividend Yield | 0.00% | 0.98% |
| Holdings | 3 | 1,515 |
| Fund Family | REX Shares | State Street Investment Management |
| Category | Alternative | Equity |
| Style | Trading-Leveraged Equity | Large Cap Blend |
| Inception | Sep 16, 2025 | Jan 22, 1993 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
The two price series end 200 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. AXUP has data through Mar 16, 2026 and SPY through Oct 2, 2026.
Fees and Cost Over Time
AXUP charges 1.50% per year while SPY charges 0.09%. On a $10,000 position that is $150 vs $9 annually, a gap of $141 per year that compounds over a long holding period. On income, AXUP currently yields 0.00% against 0.98% for SPY.
Holdings Overlap
We hold position weights for 1 holding in AXUP and 504 in SPY, totalling 10.7% and 99.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 227 days apart, AXUP as of Jan 30, 2026 and SPY as of Sep 14, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 1 positions we hold weights for in AXUP and 504 in SPY, against full books of 3 and 1,515.
You are not choosing between two funds in isolation.
Whichever of AXUP and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AXUP or SPY?
AXUP has an expense ratio of 1.50% while SPY charges 0.09%. SPY is the cheaper option, by $141 a year on a $10,000 investment.
Which pays a higher dividend, AXUP or SPY?
AXUP yields 0.00% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than AXUP?
SPY has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.