MSTZ vs SPY
T-Rex 2X Inverse MSTR Daily Target ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, MSTZ or SPY?
Leverage Strategy against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | MSTZ | SPY |
|---|---|---|
| Expense Ratio | 1.05% | 0.09%Best |
| AUM | $101M | $811.2B |
| Dividend Yield | 0.00% | 0.98% |
| Holdings | 9 | 1,515 |
| YTD Return | -84.40% | +13.54%Best |
| 1Y Return | -42.63% | +16.25%Best |
| 3Y Return (annualized) | - | +23.72% |
| 5Y Return (annualized) | - | +13.95% |
| Volatility (annualized) | 185.1% | 12.4%Best |
| Max Drawdown | - | -18.8% |
| $10,000 over 2 years | $56 | $13,981Best |
| Fund Family | REX Shares | State Street Investment Management |
| Category | Alternative | Equity |
| Style | Leverage Strategy | Large Cap Blend |
| Inception | Sep 18, 2024 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Sep 18, 2024 to Oct 2, 2026 (2 years).
MSTZ vs SPY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2 years both funds cover.
MSTZ vs SPY Performance
T-Rex 2X Inverse MSTR Daily Target ETF (MSTZ) is an ETF from REX Shares and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year MSTZ returned -42.63% while SPY returned +16.25%. Year to date, MSTZ is down 84.40% versus a gain of 13.54% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MSTZ has been the more volatile fund, with annualized monthly volatility of 185.1% compared with 12.4% for SPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at -0.22. They move largely independently of each other.
Fees and Cost Over Time
MSTZ charges 1.05% per year while SPY charges 0.09%. On a $10,000 position that is $105 vs $9 annually, a gap of $96 per year that compounds over a long holding period. On income, MSTZ currently yields 0.00% against 0.98% for SPY.
You are not choosing between two funds in isolation.
Whichever of MSTZ and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, MSTZ or SPY?
MSTZ has an expense ratio of 1.05% while SPY charges 0.09%. SPY is the cheaper option, by $96 a year on a $10,000 investment.
Which performed better, MSTZ or SPY?
Over the past year MSTZ returned -42.63% vs +16.25% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (2 years), MSTZ annualized -92.51% vs +18.24% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MSTZ or SPY?
MSTZ has been the more volatile fund at 185.1% annualized versus 12.4% for SPY.
Should I hold both MSTZ and SPY?
MSTZ and SPY have a monthly-return correlation of -0.22, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, MSTZ or SPY?
MSTZ yields 0.00% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than MSTZ?
SPY has a lower expense ratio. SPY led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.