COTG vs SPY
Leverage Shares 2X Long COST Daily ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, COTG or SPY?
Trading-Leveraged Equity against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y.
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 | COTG | SPY |
|---|---|---|
| Expense Ratio | 0.77% | 0.09%Best |
| AUM | $8M | $804.7B |
| Dividend Yield | 0.00% | 0.98% |
| Holdings | 5 | 505 |
| YTD Return | -0.29% | +12.09%Best |
| 1Y Return | -23.46% | +16.29%Best |
| 3Y Return (annualized) | - | +21.20% |
| 5Y Return (annualized) | - | +13.37% |
| Volatility (annualized) | 32.9% | 13.3%Best |
| Fund Family | Leverage Shares | State Street Investment Management |
| Category | Alternative | Equity |
| Style | Trading-Leveraged Equity | Large Cap Blend |
| Inception | Sep 18, 2025 | Jan 22, 1993 |
Not shown on this pair: Max Drawdown, $10,000 over the window, Top 10 Weight.
COTG vs SPY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
COTG vs SPY Performance
Leverage Shares 2X Long COST Daily ETF (COTG) is an ETF from Leverage Shares and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year COTG returned -23.46% while SPY returned +16.29%. Year to date, COTG is down 0.29% versus a gain of 12.09% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
COTG has been the more volatile fund, with annualized monthly volatility of 32.9% compared with 13.3% for SPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.02. They move largely independently of each other.
Fees and Cost Over Time
COTG charges 0.77% per year while SPY charges 0.09%. On a $10,000 position that is $77 vs $9 annually, a gap of $68 per year that compounds over a long holding period. On income, COTG currently yields 0.00% against 0.98% for SPY.
Holdings Overlap
We hold position weights for 1 holding in COTG and 504 in SPY, totalling 14.4% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in COTG and 504 in SPY, against full books of 5 and 505.
You are not choosing between two funds in isolation.
Whichever of COTG 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, COTG or SPY?
COTG has an expense ratio of 0.77% while SPY charges 0.09%. SPY is the cheaper option, by $68 a year on a $10,000 investment.
Which performed better, COTG or SPY?
Over the past year COTG returned -23.46% vs +16.29% for SPY, so SPY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, COTG or SPY?
COTG has been the more volatile fund at 32.9% annualized versus 13.3% for SPY.
Should I hold both COTG and SPY?
COTG and SPY have a monthly-return correlation of 0.02, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, COTG or SPY?
COTG yields 0.00% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than COTG?
SPY has a lower expense ratio. SPY led over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.