ORCU 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

MetricORCUSPYWinner
Expense Ratio0.97%0.09%
AUM$91M$789.1B
Dividend Yield1.93%1.01%
Holdings9505
YTD Return-53.24%+13.68%
1Y Return-+21.53%
3Y Return (annualized)-+21.44%
5Y Return (annualized)-+13.18%
Volatility (annualized)-15.3%
Max Drawdown-80.7%-56.5%
Fund FamilyDirexion Shares ETF TrustState Street Investment Management
CategoryAlternativeEquity
InceptionNov 19, 2025Jan 22, 1993

ORCU vs SPY Performance

Direxion Daily ORCL Bull 2X ETF (ORCU) is a ETF from Direxion Shares ETF Trust and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, ORCU is down 53.24% versus a gain of 13.68% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -80.7% for ORCU 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

ORCU charges 0.97% per year while SPY charges 0.09%. On a $10,000 position that is $97 vs $9 annually, a gap of $88 per year that compounds over a long holding period. On income, ORCU currently yields 1.93% against 1.01% for SPY.

Holdings Overlap

0.4%overlap

ORCU and SPY share 1 holdings out of 507 unique holdings combined, representing a 0.4% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in ORCUWeight in SPYDifference
ORCL14.92%0.38%14.54%

Frequently Asked Questions

Which is cheaper, ORCU or SPY?

ORCU has an expense ratio of 0.97% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $88 per year of difference.

What is the holdings overlap between ORCU and SPY?

ORCU and SPY share 1 common holdings with a 0.4% weight overlap. Combined, they hold 507 unique securities.

Which pays a higher dividend, ORCU or SPY?

ORCU yields 1.93% while SPY yields 1.01%, so ORCU currently pays the higher dividend yield.

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