RBLU vs SPY
T-REX 2X Long RBLX Daily Target ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | RBLU | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 1.05% | 0.09% | |
| AUM | $9M | $789.1B | |
| Dividend Yield | 4.23% | 1.01% | |
| Holdings | 3 | 505 | |
| YTD Return | -88.28% | +13.75% | |
| 1Y Return | -96.34% | +22.91% | |
| 3Y Return (annualized) | - | +21.67% | |
| 5Y Return (annualized) | - | +13.32% | |
| Volatility (annualized) | 134.5% | 15.3% | |
| Max Drawdown | -97.0% | -56.5% | |
| Fund Family | REX Shares | State Street Investment Management | |
| Category | Alternative | Equity | |
| Inception | Mar 4, 2025 | Jan 22, 1993 |
RBLU vs SPY Performance
T-REX 2X Long RBLX Daily Target ETF (RBLU) is a ETF from REX Shares and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year RBLU returned -96.34% while SPY returned +22.91%. Year to date, RBLU is down 88.28% versus a gain of 13.75% for SPY.
Risk: Volatility and Drawdowns
RBLU has been the more volatile fund, with annualized monthly volatility of 134.5% compared with 15.3% 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 -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.29. They move independently enough that combining them can meaningfully diversify a portfolio.
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 4.23% against 1.01% for SPY.
Holdings Overlap
RBLU 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, RBLU or SPY?
RBLU has an expense ratio of 1.05% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $96 per year of difference.
Which performed better, RBLU or SPY?
Over the past year RBLU returned -96.34% vs +22.91% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (1 years), RBLU annualized -75.33% vs +8.85% for SPY. Past performance does not guarantee future results.
Which is riskier, RBLU or SPY?
RBLU has been the more volatile fund at 134.5% annualized versus 15.3% for SPY. Worst drawdown: RBLU -97.0% vs SPY -56.5%.
Should I hold both RBLU and SPY?
RBLU and SPY have a monthly-return correlation of 0.29, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between RBLU and SPY?
RBLU and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 504 unique securities.
Which pays a higher dividend, RBLU or SPY?
RBLU yields 4.23% while SPY yields 1.01%, so RBLU currently pays the higher dividend yield.
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