PLUL 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

MetricPLULSPYWinner
Expense Ratio0.75%0.09%
AUM$3M$789.1B
Dividend Yield0.00%1.01%
Holdings6505
YTD Return-48.54%+13.75%
1Y Return-+22.91%
3Y Return (annualized)-+21.67%
5Y Return (annualized)-+13.32%
Volatility (annualized)-15.3%
Max Drawdown-81.2%-56.5%
Fund FamilyLeverage SharesState Street Investment Management
CategoryAlternativeEquity
InceptionJan 13, 2026Jan 22, 1993

PLUL vs SPY Performance

Leverage Shares 2X Long PLUG Daily ETF (PLUL) 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, PLUL is down 48.54% versus a gain of 13.75% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -81.2% for PLUL 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

PLUL charges 0.75% per year while SPY charges 0.09%. On a $10,000 position that is $75 vs $9 annually, a gap of $66 per year that compounds over a long holding period. On income, PLUL currently yields 0.00% against 1.01% for SPY.

Holdings Overlap

0.0%overlap

PLUL and SPY share 0 holdings out of 504 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, PLUL or SPY?

PLUL has an expense ratio of 0.75% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $66 per year of difference.

What is the holdings overlap between PLUL and SPY?

PLUL and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 504 unique securities.

Which pays a higher dividend, PLUL or SPY?

PLUL yields 0.00% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

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