CEGX vs SPY

CEGX vs SPY
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Quick Verdict

SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.

Lower Fees: SPYHigher Returns: SPYMore Diversified: SPY

Side-by-Side Comparison

MetricCEGXSPYWinner
Expense Ratio1.30%0.09%
AUM$19M$821.1B
Dividend Yield0.00%1.01%
Holdings4505
YTD Return-54.47%+12.22%
1Y Return-43.85%+20.83%
3Y Return (annualized)-+21.70%
5Y Return (annualized)-+12.98%
Volatility (annualized)81.9%15.3%
Max Drawdown-72.9%-56.5%
Fund FamilyTradr ETFsState Street Investment Management
CategoryAlternativeEquity
InceptionJul 10, 2025Jan 22, 1993

CEGX vs SPY Performance

Tradr 2X Long CEG Daily ETF (CEGX) is a ETF from Tradr ETFs and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year CEGX returned -43.85% while SPY returned +20.83%. Year to date, CEGX is down 54.47% versus a gain of 12.22% for SPY.

Risk: Volatility and Drawdowns

CEGX has been the more volatile fund, with annualized monthly volatility of 81.9% 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 -72.9% for CEGX 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 0.37. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

CEGX charges 1.30% per year while SPY charges 0.09%. On a $10,000 position that is $130 vs $9 annually, a gap of $121 per year that compounds over a long holding period. On income, CEGX currently yields 0.00% against 1.01% for SPY.

Frequently Asked Questions

Which is cheaper, CEGX or SPY?

CEGX has an expense ratio of 1.30% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $121 per year of difference.

Which performed better, CEGX or SPY?

Over the past year CEGX returned -43.85% vs +20.83% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (1 years), CEGX annualized -44.40% vs +8.79% for SPY. Past performance does not guarantee future results.

Which is riskier, CEGX or SPY?

CEGX has been the more volatile fund at 81.9% annualized versus 15.3% for SPY. Worst drawdown: CEGX -72.9% vs SPY -56.5%.

Should I hold both CEGX and SPY?

CEGX and SPY have a monthly-return correlation of 0.37, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, CEGX or SPY?

CEGX yields 0.00% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

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