RBLU vs SPY
T-REX 2X Long RBLX Daily Target ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, RBLU or SPY?
Multi Alternative against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | RBLU | SPY |
|---|---|---|
| Expense Ratio | 1.05% | 0.09%Best |
| AUM | $11M | $804.7B |
| Dividend Yield | 9.08% | 0.98% |
| Holdings | 4 | 505 |
| YTD Return | -81.61% | +12.22%Best |
| 1Y Return | -94.43% | +16.97%Best |
| 3Y Return (annualized) | - | +21.16% |
| 5Y Return (annualized) | - | +13.00% |
| Volatility (annualized) | 135.5% | 12.0%Best |
| Max Drawdown | -97.0% | -14.6%Best |
| $10,000 over 1.5 years | $2,191 | $13,346Best |
| Fund Family | REX Shares | State Street Investment Management |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Mar 4, 2025 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.5 years row, are measured over the window both funds cover: Mar 4, 2025 to Sep 17, 2026 (1.5 years).
RBLU vs SPY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
RBLU vs SPY Performance
T-REX 2X Long RBLX Daily Target ETF (RBLU) is an ETF from REX Shares and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year RBLU returned -94.43% while SPY returned +16.97%. Year to date, RBLU is down 81.61% versus a gain of 12.22% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RBLU has been the more volatile fund, with annualized monthly volatility of 135.5% compared with 12.0% for SPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -97.0% for RBLU and -14.6% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.25. They move largely independently of each other.
Fees and Cost Over Time
RBLU charges 1.05% per year while SPY charges 0.09%. On a $10,000 position that is $105 vs $9 annually, a gap of $96 per year that compounds over a long holding period. On income, RBLU currently yields 9.08% against 0.98% for SPY.
Holdings Overlap
We hold position weights for 1 holding in RBLU and 504 in SPY, totalling 2.0% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in RBLU and 504 in SPY, against full books of 4 and 505.
You are not choosing between two funds in isolation.
Whichever of RBLU and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, RBLU or SPY?
RBLU has an expense ratio of 1.05% while SPY charges 0.09%. SPY is the cheaper option, by $96 a year on a $10,000 investment.
Which performed better, RBLU or SPY?
Over the past year RBLU returned -94.43% vs +16.97% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (2 years), RBLU annualized -63.66% vs +21.22% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, RBLU or SPY?
RBLU has been the more volatile fund at 135.5% annualized versus 12.0% for SPY. Worst drawdown: RBLU -97.0% vs SPY -14.6%.
Should I hold both RBLU and SPY?
RBLU and SPY have a monthly-return correlation of 0.25, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, RBLU or SPY?
RBLU yields 9.08% while SPY yields 0.98%, so RBLU currently pays the higher dividend yield.
Is SPY better than RBLU?
SPY has a lower expense ratio. SPY led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.