MSOO vs SPY

Quick Verdict

SPY has a lower expense ratio. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricMSOOSPYWinner
Expense Ratio0.78%0.09%
AUM$225,097.15$789.1B
Dividend Yield1.71%1.01%
Holdings6505
YTD Return-28.20%+14.47%
1Y Return-+21.96%
3Y Return (annualized)-+21.70%
5Y Return (annualized)-+13.30%
Volatility (annualized)-15.3%
Max Drawdown-73.2%-56.5%
Fund FamilyLeverage SharesState Street Investment Management
CategoryAlternativeEquity
InceptionAug 13, 2025Jan 22, 1993

MSOO vs SPY Performance

Leverage Shares 2x Capped Accelerated MSTR Monthly ETF (MSOO) is a ETF from Leverage Shares and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, MSOO is down 28.20% versus a gain of 14.47% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -73.2% for MSOO 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

MSOO charges 0.78% per year while SPY charges 0.09%. On a $10,000 position that is $78 vs $9 annually, a gap of $69 per year that compounds over a long holding period. On income, MSOO currently yields 1.71% against 1.01% for SPY.

Holdings Overlap

0.0%overlap

MSOO 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, MSOO or SPY?

MSOO has an expense ratio of 0.78% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $69 per year of difference.

What is the holdings overlap between MSOO and SPY?

MSOO and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 505 unique securities.

Which pays a higher dividend, MSOO or SPY?

MSOO yields 1.71% while SPY yields 1.01%, so MSOO currently pays the higher dividend yield.

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