QSU vs SPY

QSU vs SPY
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Quick Verdict

SPY has a lower expense ratio. SPY offers more diversification with 505 holdings.

Lower Fees: SPYHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricQSUSPYWinner
Expense Ratio1.31%0.09%
AUM$10M$821.1B
Dividend Yield0.00%1.01%
Holdings10505
YTD Return-85.24%+12.22%
1Y Return-+20.83%
3Y Return (annualized)-+21.70%
5Y Return (annualized)-+12.98%
Volatility (annualized)-15.3%
Max Drawdown-96.5%-56.5%
Fund FamilyDefiance ETFs, LLCState Street Investment Management
CategoryAlternativeEquity
InceptionOct 20, 2025Jan 22, 1993

QSU vs SPY Performance

Defiance Daily Target 2X Long QS ETF (QSU) is a ETF from Defiance ETFs, LLC and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, QSU is down 85.24% versus a gain of 12.22% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -96.5% for QSU 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

QSU charges 1.31% per year while SPY charges 0.09%. On a $10,000 position that is $131 vs $9 annually, a gap of $122 per year that compounds over a long holding period. On income, QSU currently yields 0.00% against 1.01% for SPY.

Holdings Overlap

0.0%overlap

QSU 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, QSU or SPY?

QSU has an expense ratio of 1.31% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $122 per year of difference.

What is the holdings overlap between QSU and SPY?

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

Which pays a higher dividend, QSU or SPY?

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

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