GLXU vs SPY
T-REX 2X Long GLXY 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 | GLXU | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 1.50% | 0.09% | |
| AUM | $13M | $821.1B | |
| Dividend Yield | 16.50% | 1.01% | |
| Holdings | 3 | 505 | |
| YTD Return | -55.88% | +12.68% | |
| 1Y Return | -67.71% | +21.82% | |
| 3Y Return (annualized) | - | +21.98% | |
| 5Y Return (annualized) | - | +12.89% | |
| Volatility (annualized) | 189.8% | 15.3% | |
| Max Drawdown | -92.7% | -56.5% | |
| Fund Family | REX Shares | State Street Investment Management | |
| Category | Alternative | Equity | |
| Inception | Aug 8, 2025 | Jan 22, 1993 |
GLXU vs SPY Performance
T-REX 2X Long GLXY Daily Target ETF (GLXU) 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 GLXU returned -67.71% while SPY returned +21.82%. Year to date, GLXU is down 55.88% versus a gain of 12.68% for SPY.
Risk: Volatility and Drawdowns
GLXU has been the more volatile fund, with annualized monthly volatility of 189.8% 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 -92.7% for GLXU 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 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GLXU 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, GLXU currently yields 16.50% against 1.01% for SPY.
Holdings Overlap
GLXU 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, GLXU or SPY?
GLXU 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, GLXU or SPY?
Over the past year GLXU returned -67.71% vs +21.82% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (1 years), GLXU annualized -75.74% vs +8.81% for SPY. Past performance does not guarantee future results.
Which is riskier, GLXU or SPY?
GLXU has been the more volatile fund at 189.8% annualized versus 15.3% for SPY. Worst drawdown: GLXU -92.7% vs SPY -56.5%.
Should I hold both GLXU and SPY?
GLXU and SPY have a monthly-return correlation of 0.76, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GLXU and SPY?
GLXU and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 505 unique securities.
Which pays a higher dividend, GLXU or SPY?
GLXU yields 16.50% while SPY yields 1.01%, so GLXU 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.