SPY vs TSLI

Quick Verdict

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

Lower Fees: SPYHigher Returns: SPYMore Diversified: SPY

Side-by-Side Comparison

MetricSPYTSLIWinner
Expense Ratio0.09%0.95%
AUM$789.1B$3M
Dividend Yield1.01%9.32%
Holdings5056
YTD Return+13.68%-55.07%
1Y Return+21.53%-36.74%
3Y Return (annualized)+21.44%-
5Y Return (annualized)+13.18%-
Volatility (annualized)15.3%-
Max Drawdown-56.5%-70.3%
Fund FamilyState Street Investment ManagementProShares
CategoryEquityAlternative
InceptionJan 22, 1993Sep 8, 2025

SPY vs TSLI Performance

State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management and ProShares Ultra TSLA ETF (TSLI) is a ETF from ProShares. Over the past year SPY returned +21.53% while TSLI returned -36.74%. Year to date, SPY is up 13.68% versus a loss of 55.07% for TSLI.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -56.5% for SPY and -70.3% for TSLI. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

SPY charges 0.09% per year while TSLI charges 0.95%. On a $10,000 position that is $9 vs $95 annually, a gap of $86 per year that compounds over a long holding period. On income, SPY currently yields 1.01% against 9.32% for TSLI.

Frequently Asked Questions

Which is cheaper, SPY or TSLI?

SPY has an expense ratio of 0.09% while TSLI charges 0.95%. SPY is the cheaper option. On a $10,000 investment, that is $86 per year of difference.

Which performed better, SPY or TSLI?

Over the past year SPY returned +21.53% vs -36.74% for TSLI, so SPY leads on 1-year performance. Past performance does not guarantee future results.

Which pays a higher dividend, SPY or TSLI?

SPY yields 1.01% while TSLI yields 9.32%, so TSLI currently pays the higher dividend yield.

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