SMQ vs SPY
Tradr 1X Short Innovation 100 Monthly 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 | SMQ | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 1.50% | 0.09% | |
| AUM | $782,584.52 | $821.1B | |
| Dividend Yield | 0.30% | 1.01% | |
| Holdings | 4 | 505 | |
| YTD Return | -22.25% | +12.68% | |
| 1Y Return | - | +21.82% | |
| 3Y Return (annualized) | - | +21.98% | |
| 5Y Return (annualized) | - | +12.89% | |
| Volatility (annualized) | - | 15.3% | |
| Max Drawdown | -29.3% | -56.5% | |
| Fund Family | Tradr ETFs | State Street Investment Management | |
| Category | Alternative | Equity | |
| Inception | Nov 28, 2025 | Jan 22, 1993 |
SMQ vs SPY Performance
Tradr 1X Short Innovation 100 Monthly ETF (SMQ) is a ETF from Tradr ETFs and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, SMQ is down 22.25% versus a gain of 12.68% for SPY.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -29.3% for SMQ 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
SMQ charges 1.50% per year while SPY charges 0.09%. On a $10,000 position that is $150 vs $9 annually, a gap of $141 per year that compounds over a long holding period. On income, SMQ currently yields 0.30% against 1.01% for SPY.
Frequently Asked Questions
Which is cheaper, SMQ or SPY?
SMQ has an expense ratio of 1.50% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $141 per year of difference.
Which pays a higher dividend, SMQ or SPY?
SMQ yields 0.30% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
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