CRWU vs SPY
T-REX 2X Long CRWV 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 505 holdings.
Side-by-Side Comparison
| Metric | CRWU | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 1.50% | 0.09% | |
| AUM | $42M | $821.1B | |
| Dividend Yield | 15.48% | 1.01% | |
| Holdings | 3 | 505 | |
| YTD Return | -35.73% | +12.22% | |
| 1Y Return | -67.84% | +20.83% | |
| 3Y Return (annualized) | - | +21.70% | |
| 5Y Return (annualized) | - | +12.98% | |
| Volatility (annualized) | 174.3% | 15.3% | |
| Max Drawdown | -94.3% | -56.5% | |
| Fund Family | REX Shares | State Street Investment Management | |
| Category | Alternative | Equity | |
| Inception | Jul 25, 2025 | Jan 22, 1993 |
CRWU vs SPY Performance
T-REX 2X Long CRWV Daily Target ETF (CRWU) 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 CRWU returned -67.84% while SPY returned +20.83%. Year to date, CRWU is down 35.73% versus a gain of 12.22% for SPY.
Risk: Volatility and Drawdowns
CRWU has been the more volatile fund, with annualized monthly volatility of 174.3% 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 -94.3% for CRWU 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 0.63. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
CRWU 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, CRWU currently yields 15.48% against 1.01% for SPY.
Holdings Overlap
CRWU and SPY share 0 holdings out of 505 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, CRWU or SPY?
CRWU 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, CRWU or SPY?
Over the past year CRWU returned -67.84% vs +20.83% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (1 years), CRWU annualized -80.92% vs +8.79% for SPY. Past performance does not guarantee future results.
Which is riskier, CRWU or SPY?
CRWU has been the more volatile fund at 174.3% annualized versus 15.3% for SPY. Worst drawdown: CRWU -94.3% vs SPY -56.5%.
Should I hold both CRWU and SPY?
CRWU and SPY have a monthly-return correlation of 0.63, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between CRWU and SPY?
CRWU and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 505 unique securities.
Which pays a higher dividend, CRWU or SPY?
CRWU yields 15.48% while SPY yields 1.01%, so CRWU 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.