HODU vs SPY
Direxion Daily HOOD Bull 2X ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | HODU | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.97% | 0.09% | |
| AUM | $10M | $789.1B | |
| Dividend Yield | 1.60% | 1.01% | |
| Holdings | 7 | 505 | |
| YTD Return | -50.70% | +14.47% | |
| 1Y Return | - | +21.96% | |
| 3Y Return (annualized) | - | +21.70% | |
| 5Y Return (annualized) | - | +13.30% | |
| Volatility (annualized) | - | 15.3% | |
| Max Drawdown | -81.6% | -56.5% | |
| Fund Family | Direxion Shares ETF Trust | State Street Investment Management | |
| Category | Alternative | Equity | |
| Inception | Nov 19, 2025 | Jan 22, 1993 |
HODU vs SPY Performance
Direxion Daily HOOD Bull 2X ETF (HODU) is a ETF from Direxion Shares ETF Trust and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, HODU is down 50.70% versus a gain of 14.47% for SPY.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -81.6% for HODU and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
HODU charges 0.97% per year while SPY charges 0.09%. On a $10,000 position that is $97 vs $9 annually, a gap of $88 per year that compounds over a long holding period. On income, HODU currently yields 1.60% against 1.01% for SPY.
Holdings Overlap
HODU and SPY share 1 holdings out of 506 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in HODU | Weight in SPY | Difference |
|---|---|---|---|
| HOOD | 5.53% | 0.14% | 5.39% |
Frequently Asked Questions
Which is cheaper, HODU or SPY?
HODU has an expense ratio of 0.97% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $88 per year of difference.
What is the holdings overlap between HODU and SPY?
HODU and SPY share 1 common holdings with a 0.1% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, HODU or SPY?
HODU yields 1.60% while SPY yields 1.01%, so HODU currently pays the higher dividend yield.
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