NVTX vs SPY
Tradr 2X Long NVTS 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 | NVTX | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 2.81% | 0.09% | |
| AUM | $41M | $814.4B | |
| Dividend Yield | 22.70% | 1.01% | |
| Holdings | 4 | 505 | |
| YTD Return | -48.06% | +12.10% | |
| 1Y Return | -37.57% | +20.30% | |
| 3Y Return (annualized) | - | +20.82% | |
| 5Y Return (annualized) | - | +12.53% | |
| Volatility (annualized) | 313.3% | 15.3% | |
| Max Drawdown | -93.3% | -56.5% | |
| Fund Family | Tradr ETFs | State Street Investment Management | |
| Category | Alternative | Equity | |
| Inception | Sep 8, 2025 | Jan 22, 1993 |
NVTX vs SPY Performance
Tradr 2X Long NVTS Daily ETF (NVTX) 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 NVTX returned -37.57% while SPY returned +20.30%. Year to date, NVTX is down 48.06% versus a gain of 12.10% for SPY.
Risk: Volatility and Drawdowns
NVTX has been the more volatile fund, with annualized monthly volatility of 313.3% 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 -93.3% for NVTX 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 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
NVTX charges 2.81% per year while SPY charges 0.09%. On a $10,000 position that is $281 vs $9 annually, a gap of $272 per year that compounds over a long holding period. On income, NVTX currently yields 22.70% against 1.01% for SPY.
Holdings Overlap
NVTX 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, NVTX or SPY?
NVTX has an expense ratio of 2.81% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $272 per year of difference.
Which performed better, NVTX or SPY?
Over the past year NVTX returned -37.57% vs +20.30% for SPY, so SPY leads on 1-year performance. Past performance does not guarantee future results.
Which is riskier, NVTX or SPY?
NVTX has been the more volatile fund at 313.3% annualized versus 15.3% for SPY. Worst drawdown: NVTX -93.3% vs SPY -56.5%.
Should I hold both NVTX and SPY?
NVTX and SPY have a monthly-return correlation of 0.77, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between NVTX and SPY?
NVTX and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 505 unique securities.
Which pays a higher dividend, NVTX or SPY?
NVTX yields 22.70% while SPY yields 1.01%, so NVTX currently pays the higher dividend yield.
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