KTUP vs SPY

Quick Verdict

SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: SPYMore Diversified: SPY

Side-by-Side Comparison

MetricKTUPSPYWinner
Expense Ratio1.50%0.09%
AUM$11M$789.1B
Dividend Yield7.62%1.01%
Holdings3505
YTD Return-62.51%+14.47%
1Y Return-67.67%+21.96%
3Y Return (annualized)-+21.70%
5Y Return (annualized)-+13.30%
Volatility (annualized)-15.3%
Max Drawdown-92.8%-56.5%
Fund FamilyREX SharesState Street Investment Management
CategoryAlternativeEquity
InceptionSep 16, 2025Jan 22, 1993

KTUP vs SPY Performance

T-REX 2X Long KTOS Daily Target ETF (KTUP) 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 KTUP returned -67.67% while SPY returned +21.96%. Year to date, KTUP is down 62.51% versus a gain of 14.47% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -92.8% for KTUP 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

KTUP 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, KTUP currently yields 7.62% against 1.01% for SPY.

Holdings Overlap

0.0%overlap

KTUP and SPY share 0 holdings out of 504 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, KTUP or SPY?

KTUP 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, KTUP or SPY?

Over the past year KTUP returned -67.67% vs +21.96% for SPY, so SPY leads on 1-year performance. Past performance does not guarantee future results.

What is the holdings overlap between KTUP and SPY?

KTUP and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 504 unique securities.

Which pays a higher dividend, KTUP or SPY?

KTUP yields 7.62% while SPY yields 1.01%, so KTUP currently pays the higher dividend yield.

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