RTXG vs SPY

Quick Verdict

SPY has a lower expense ratio. RTXG delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: RTXGMore Diversified: SPY

Side-by-Side Comparison

MetricRTXGSPYWinner
Expense Ratio0.77%0.09%
AUM$5M$789.1B
Dividend Yield6.45%1.01%
Holdings5505
YTD Return+29.62%+13.39%
1Y Return+79.83%+22.52%
3Y Return (annualized)-+21.36%
5Y Return (annualized)-+13.19%
Volatility (annualized)40.2%15.3%
Max Drawdown-37.5%-56.5%
Fund FamilyLeverage SharesState Street Investment Management
CategoryAlternativeEquity
InceptionJun 6, 2025Jan 22, 1993

RTXG vs SPY Performance

Leverage Shares 2X Long RTX Daily ETF (RTXG) is a ETF from Leverage Shares and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year RTXG returned +79.83% while SPY returned +22.52%. Year to date, RTXG is up 29.62% versus a gain of 13.39% for SPY.

Risk: Volatility and Drawdowns

RTXG has been the more volatile fund, with annualized monthly volatility of 40.2% 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 -37.5% for RTXG 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 -0.22. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

RTXG charges 0.77% per year while SPY charges 0.09%. On a $10,000 position that is $77 vs $9 annually, a gap of $68 per year that compounds over a long holding period. On income, RTXG currently yields 6.45% against 1.01% for SPY.

Holdings Overlap

0.0%overlap

RTXG 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, RTXG or SPY?

RTXG has an expense ratio of 0.77% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $68 per year of difference.

Which performed better, RTXG or SPY?

Over the past year RTXG returned +79.83% vs +22.52% for SPY, so RTXG leads on 1-year performance. Over the longest common window we track (1 years), RTXG annualized +91.99% vs +8.84% for SPY. Past performance does not guarantee future results.

Which is riskier, RTXG or SPY?

RTXG has been the more volatile fund at 40.2% annualized versus 15.3% for SPY. Worst drawdown: RTXG -37.5% vs SPY -56.5%.

Should I hold both RTXG and SPY?

RTXG and SPY have a monthly-return correlation of -0.22, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between RTXG and SPY?

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

Which pays a higher dividend, RTXG or SPY?

RTXG yields 6.45% while SPY yields 1.01%, so RTXG currently pays the higher dividend yield.

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