MCHU vs SPY
Tradr 2X Long MCHP Daily 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 | MCHU | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 1.30% | 0.09% | |
| AUM | $500,747.89 | $821.1B | |
| Dividend Yield | 0.00% | 1.01% | |
| Holdings | 4 | 505 | |
| YTD Return | -46.51% | +12.35% | |
| 1Y Return | -46.51% | +20.15% | |
| 3Y Return (annualized) | - | +21.69% | |
| 5Y Return (annualized) | - | +12.77% | |
| Volatility (annualized) | 25058.0% | 15.3% | |
| Max Drawdown | -96.3% | -56.5% | |
| Fund Family | Tradr ETFs | State Street Investment Management | |
| Category | Alternative | Equity | |
| Inception | May 27, 2026 | Jan 22, 1993 |
MCHU vs SPY Performance
Tradr 2X Long MCHP Daily ETF (MCHU) is a ETF from Tradr ETFs and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year MCHU returned -46.51% while SPY returned +20.15%. Year to date, MCHU is down 46.51% versus a gain of 12.35% for SPY.
Risk: Volatility and Drawdowns
MCHU has been the more volatile fund, with annualized monthly volatility of 25058.0% 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 -96.3% for MCHU 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 0.13. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
MCHU charges 1.30% per year while SPY charges 0.09%. On a $10,000 position that is $130 vs $9 annually, a gap of $121 per year that compounds over a long holding period. On income, MCHU currently yields 0.00% against 1.01% for SPY.
Frequently Asked Questions
Which is cheaper, MCHU or SPY?
MCHU has an expense ratio of 1.30% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $121 per year of difference.
Which performed better, MCHU or SPY?
Over the past year MCHU returned -46.51% vs +20.15% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (19 years), MCHU annualized +36.47% vs +8.79% for SPY. Past performance does not guarantee future results.
Which is riskier, MCHU or SPY?
MCHU has been the more volatile fund at 25058.0% annualized versus 15.3% for SPY. Worst drawdown: MCHU -96.3% vs SPY -56.5%.
Should I hold both MCHU and SPY?
MCHU and SPY have a monthly-return correlation of 0.13, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, MCHU or SPY?
MCHU yields 0.00% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
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