SPY vs TSIB
State Street SPDR S&P 500 ETF Trust vs Direxion TSLA Defined Income Boost ETF
Which is better, SPY or TSIB?
TSIB has been ahead.
SPY has a lower expense ratio. TSIB led over 1Y, 5Y 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 | SPY | TSIB |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.97% |
| AUM | $804.7B | $2M |
| Dividend Yield | 0.98% | 1.55% |
| Holdings | 505 | 3 |
| YTD Return | +13.82% | +21.62%Best |
| 1Y Return | +16.96% | +21.62%Best |
| 3Y Return (annualized) | +22.97% | - |
| 5Y Return (annualized) | +13.73% | +24.63%Best |
| Volatility (annualized) | 15.3%Best | 112.8% |
| Max Drawdown | -24.5% | -7.5%Best |
| $10,000 over 5 years | $19,027 | $30,069Best |
| Fund Family | State Street Investment Management | Direxion Shares ETF Trust |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jan 22, 1993 | Jul 29, 2026 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Apr 5, 2021 to Sep 21, 2026 (5.5 years).
SPY vs TSIB 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 covers the 5.5 years both funds cover.
SPY vs TSIB Performance
State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and Direxion TSLA Defined Income Boost ETF (TSIB) is an ETF from Direxion Shares ETF Trust. Over the past year SPY returned +16.96% while TSIB returned +21.62%. Year to date, SPY is up 13.82% versus a gain of 21.62% for TSIB.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TSIB has been the more volatile fund, with annualized monthly volatility of 112.8% 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 -24.5% for SPY and -7.5% for TSIB. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.00. They move largely independently of each other.
Fees and Cost Over Time
SPY charges 0.09% per year while TSIB charges 0.97%. On a $10,000 position that is $9 vs $97 annually, a gap of $88 per year that compounds over a long holding period. On income, SPY currently yields 0.98% against 1.55% for TSIB.
Holdings Overlap
At least 1.5% of SPY's money is in holdings TSIB also owns.
Stated as a floor: for TSIB, our book for it covers 92.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
SPY and TSIB share little of their money.
1 positions in common, counted across the 504 positions we hold weights for in SPY and 3 in TSIB, against full books of 505 and 3.
Top Shared Holdings
| Stock | Weight in SPY | Weight in TSIB | Difference |
|---|---|---|---|
| TSLATesla Inc | 1.52% | 11.77% | 10.25% |
You are not choosing between two funds in isolation.
Whichever of SPY and TSIB 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, SPY or TSIB?
SPY has an expense ratio of 0.09% while TSIB charges 0.97%. SPY is the cheaper option, by $88 a year on a $10,000 investment.
Which performed better, SPY or TSIB?
Over the past year SPY returned +16.96% vs +21.62% for TSIB, so TSIB leads on 1-year performance. Over the longest common window we track (6 years), SPY annualized +13.98% vs +22.38% for TSIB. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SPY or TSIB?
TSIB has been the more volatile fund at 112.8% annualized versus 15.3% for SPY. Worst drawdown: SPY -24.5% vs TSIB -7.5%.
Should I hold both SPY and TSIB?
SPY and TSIB have a monthly-return correlation of 0.00, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between SPY and TSIB?
At least 1.5% of SPY's money is in holdings TSIB also owns. Our book for TSIB is partial, so the real figure is this or higher. They hold 1 positions in common, counted across the 504 positions we hold weights for in SPY and 3 in TSIB.
Which pays a higher dividend, SPY or TSIB?
SPY yields 0.98% while TSIB yields 1.55%, so TSIB currently pays the higher dividend yield.
Is TSIB better than SPY?
SPY has a lower expense ratio. TSIB led over 1Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.