CCUP vs SPY
T-REX 2X Long CRCL Daily Target ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | CCUP | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 1.50% | 0.09% | |
| AUM | $35M | $789.1B | |
| Dividend Yield | 0.00% | 1.01% | |
| Holdings | 3 | 505 | |
| YTD Return | -66.98% | +13.75% | |
| 1Y Return | -93.85% | +22.91% | |
| 3Y Return (annualized) | - | +21.67% | |
| 5Y Return (annualized) | - | +13.32% | |
| Volatility (annualized) | 127.6% | 15.3% | |
| Max Drawdown | -95.1% | -56.5% | |
| Fund Family | REX Shares | State Street Investment Management | |
| Category | Alternative | Equity | |
| Inception | Aug 11, 2025 | Jan 22, 1993 |
CCUP vs SPY Performance
T-REX 2X Long CRCL Daily Target ETF (CCUP) is a ETF from REX Shares and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year CCUP returned -93.85% while SPY returned +22.91%. Year to date, CCUP is down 66.98% versus a gain of 13.75% for SPY.
Risk: Volatility and Drawdowns
CCUP has been the more volatile fund, with annualized monthly volatility of 127.6% compared with 15.3% for SPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -95.1% for CCUP and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.07. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
CCUP 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, CCUP currently yields 0.00% against 1.01% for SPY.
Holdings Overlap
CCUP and SPY share 0 holdings out of 504 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, CCUP or SPY?
CCUP has an expense ratio of 1.50% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $141 per year of difference.
Which performed better, CCUP or SPY?
Over the past year CCUP returned -93.85% vs +22.91% for SPY, so SPY leads on 1-year performance. Past performance does not guarantee future results.
Which is riskier, CCUP or SPY?
CCUP has been the more volatile fund at 127.6% annualized versus 15.3% for SPY. Worst drawdown: CCUP -95.1% vs SPY -56.5%.
Should I hold both CCUP and SPY?
CCUP and SPY have a monthly-return correlation of 0.07, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between CCUP and SPY?
CCUP and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 504 unique securities.
Which pays a higher dividend, CCUP or SPY?
CCUP yields 0.00% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.