NVII vs SPY
REX NVDA Growth & Income ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, NVII or SPY?
Option Writing against Large Cap Blend.
SPY has a lower expense ratio. NVII led over the full window, SPY over 1Y.
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 | NVII | SPY |
|---|---|---|
| Expense Ratio | 1.49% | 0.09%Best |
| AUM | $112M | $804.7B |
| Dividend Yield | 55.22% | 0.98% |
| Holdings | 6 | 505 |
| YTD Return | -3.06% | +12.09%Best |
| 1Y Return | +4.32% | +16.29%Best |
| 3Y Return (annualized) | - | +21.20% |
| 5Y Return (annualized) | - | +13.37% |
| Volatility (annualized) | 29.9% | 12.0%Best |
| Max Drawdown | -26.9% | -8.9%Best |
| $10,000 over 1.3 years | $14,759Best | $13,119 |
| Fund Family | REX Shares | State Street Investment Management |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Blend |
| Inception | May 28, 2025 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.3 years row, are measured over the window both funds cover: May 28, 2025 to Sep 18, 2026 (1.3 years).
NVII 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 1.3 years both funds cover.
NVII vs SPY Performance
REX NVDA Growth & Income ETF (NVII) 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 NVII returned +4.32% while SPY returned +16.29%. Year to date, NVII is down 3.06% versus a gain of 12.09% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NVII has been the more volatile fund, with annualized monthly volatility of 29.9% compared with 12.0% 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 -26.9% for NVII and -8.9% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.59. They move together some of the time, and apart the rest.
Fees and Cost Over Time
NVII charges 1.49% per year while SPY charges 0.09%. On a $10,000 position that is $149 vs $9 annually, a gap of $140 per year that compounds over a long holding period. On income, NVII currently yields 55.22% against 0.98% for SPY.
You are not choosing between two funds in isolation.
Whichever of NVII 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, NVII or SPY?
NVII has an expense ratio of 1.49% while SPY charges 0.09%. SPY is the cheaper option, by $140 a year on a $10,000 investment.
Which performed better, NVII or SPY?
Over the past year NVII returned +4.32% vs +16.29% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (1 years), NVII annualized +34.91% vs +23.22% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NVII or SPY?
NVII has been the more volatile fund at 29.9% annualized versus 12.0% for SPY. Worst drawdown: NVII -26.9% vs SPY -8.9%.
Should I hold both NVII and SPY?
NVII and SPY have a monthly-return correlation of 0.59, 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, NVII or SPY?
NVII yields 55.22% while SPY yields 0.98%, so NVII currently pays the higher dividend yield.
Is SPY better than NVII?
SPY has a lower expense ratio. NVII led over the full window, SPY over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.