SPY vs TSLO
State Street SPDR S&P 500 ETF Trust vs Leverage Shares 2x Capped Accelerated TSLA Monthly ETF
Which is better, SPY or TSLO?
Large Cap Blend against Option Writing.
SPY has a lower expense ratio.
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 | TSLO |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.77% |
| AUM | $804.7B | $1M |
| Dividend Yield | 0.98% | 1.24% |
| Holdings | 505 | 6 |
| Fund Family | State Street Investment Management | Leverage Shares |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Option Writing |
| Inception | Jan 22, 1993 | Aug 13, 2025 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
The two price series end 98 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. SPY has data through Sep 22, 2026 and TSLO through Jun 16, 2026.
Fees and Cost Over Time
SPY charges 0.09% per year while TSLO charges 0.77%. On a $10,000 position that is $9 vs $77 annually, a gap of $68 per year that compounds over a long holding period. On income, SPY currently yields 0.98% against 1.24% for TSLO.
Holdings Overlap
We hold position weights for 504 holdings in SPY and 2 in TSLO, totalling 99.9% and 99.4% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 213 days apart, SPY as of Sep 1, 2026 and TSLO as of Jan 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 504 positions we hold weights for in SPY and 2 in TSLO, against full books of 505 and 6.
You are not choosing between two funds in isolation.
Whichever of SPY and TSLO 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 TSLO?
SPY has an expense ratio of 0.09% while TSLO charges 0.77%. SPY is the cheaper option, by $68 a year on a $10,000 investment.
Which pays a higher dividend, SPY or TSLO?
SPY yields 0.98% while TSLO yields 1.24%, so TSLO currently pays the higher dividend yield.
Is TSLO better than SPY?
SPY has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.