QXAS vs SPY
Quantify 2X Daily Alt Season Crypto ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | QXAS | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 1.19% | 0.09% | |
| AUM | $454,402.02 | $821.1B | |
| Dividend Yield | 0.00% | 1.01% | |
| Holdings | 6 | 505 | |
| YTD Return | -55.95% | +12.68% | |
| 1Y Return | - | +21.82% | |
| 3Y Return (annualized) | - | +21.98% | |
| 5Y Return (annualized) | - | +12.89% | |
| Volatility (annualized) | - | 15.3% | |
| Max Drawdown | -65.9% | -56.5% | |
| Fund Family | Quantify Funds | State Street Investment Management | |
| Category | Alternative | Equity | |
| Inception | Jan 21, 2026 | Jan 22, 1993 |
QXAS vs SPY Performance
Quantify 2X Daily Alt Season Crypto ETF (QXAS) is a ETF from Quantify Funds and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, QXAS is down 55.95% versus a gain of 12.68% for SPY.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -65.9% for QXAS 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
QXAS charges 1.19% per year while SPY charges 0.09%. On a $10,000 position that is $119 vs $9 annually, a gap of $110 per year that compounds over a long holding period. On income, QXAS currently yields 0.00% against 1.01% for SPY.
Holdings Overlap
QXAS and SPY share 0 holdings out of 506 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, QXAS or SPY?
QXAS has an expense ratio of 1.19% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $110 per year of difference.
What is the holdings overlap between QXAS and SPY?
QXAS and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, QXAS or SPY?
QXAS yields 0.00% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
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