PLOO 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

MetricPLOOSPYWinner
Expense Ratio0.80%0.09%
AUM$552,768.72$789.1B
Dividend Yield1.33%1.01%
Holdings5505
YTD Return-12.47%+13.68%
1Y Return-+21.53%
3Y Return (annualized)-+21.44%
5Y Return (annualized)-+13.18%
Volatility (annualized)-15.3%
Max Drawdown-45.8%-56.5%
Fund FamilyLeverage SharesState Street Investment Management
CategoryAlternativeEquity
InceptionAug 13, 2025Jan 22, 1993

PLOO vs SPY Performance

Leverage Shares 2x Capped Accelerated PLTR Monthly ETF (PLOO) 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, PLOO is down 12.47% versus a gain of 13.68% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -45.8% for PLOO 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

PLOO charges 0.80% per year while SPY charges 0.09%. On a $10,000 position that is $80 vs $9 annually, a gap of $71 per year that compounds over a long holding period. On income, PLOO currently yields 1.33% against 1.01% for SPY.

Holdings Overlap

0.0%overlap

PLOO 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, PLOO or SPY?

PLOO has an expense ratio of 0.80% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $71 per year of difference.

What is the holdings overlap between PLOO and SPY?

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

Which pays a higher dividend, PLOO or SPY?

PLOO yields 1.33% while SPY yields 1.01%, so PLOO currently pays the higher dividend yield.

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