SPY vs TSLQ
State Street SPDR S&P 500 ETF Trust vs Tradr 2X Short TSLA Daily ETF
Which is better, SPY or TSLQ?
Large Cap Blend against Trading-Inverse Equity.
SPY has a lower expense ratio. SPY led over 1Y, 3Y 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 | TSLQ |
|---|---|---|
| Expense Ratio | 0.09%Best | 1.15% |
| AUM | $804.7B | $109M |
| Dividend Yield | 0.98% | 10.30% |
| Holdings | 505 | 12 |
| YTD Return | +12.47%Best | -3.66% |
| 1Y Return | +17.51%Best | -43.55% |
| 3Y Return (annualized) | +21.18%Best | -64.45% |
| 5Y Return (annualized) | +12.88% | - |
| Volatility (annualized) | 14.3%Best | 87.6% |
| Max Drawdown | -18.8%Best | -98.7% |
| $10,000 over 4.2 years | $21,484Best | $273 |
| Fund Family | State Street Investment Management | Tradr ETFs |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Trading-Inverse Equity |
| Inception | Jan 22, 1993 | Jul 13, 2022 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.2 years row, are measured over the window both funds cover: Jul 14, 2022 to Sep 11, 2026 (4.2 years).
SPY vs TSLQ 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 4.2 years both funds cover.
SPY vs TSLQ Performance
State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and Tradr 2X Short TSLA Daily ETF (TSLQ) is an ETF from Tradr ETFs. Over the past year SPY returned +17.51% while TSLQ returned -43.55%. Year to date, SPY is up 12.47% versus a loss of 3.66% for TSLQ.
Over three years, SPY compounded at +21.18% per year against -64.45% for TSLQ. Across the full 4-year window we track, SPY has the edge at +19.97% annualized vs -57.57%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TSLQ has been the more volatile fund, with annualized monthly volatility of 87.6% compared with 14.3% 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 -18.8% for SPY and -98.7% for TSLQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.32. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SPY charges 0.09% per year while TSLQ charges 1.15%. On a $10,000 position that is $9 vs $115 annually, a gap of $106 per year that compounds over a long holding period. On income, SPY currently yields 0.98% against 10.30% for TSLQ.
Holdings Overlap
We hold position weights for 504 holdings in SPY and 1 in TSLQ, totalling 100.0% and 48.3% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 504 positions we hold weights for in SPY and 1 in TSLQ, against full books of 505 and 12.
You are not choosing between two funds in isolation.
Whichever of SPY and TSLQ 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 TSLQ?
SPY has an expense ratio of 0.09% while TSLQ charges 1.15%. SPY is the cheaper option, by $106 a year on a $10,000 investment.
Which performed better, SPY or TSLQ?
Over the past year SPY returned +17.51% vs -43.55% for TSLQ, so SPY leads on 1-year performance. Over the longest common window we track (4 years), SPY annualized +19.97% vs -57.57% for TSLQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SPY or TSLQ?
TSLQ has been the more volatile fund at 87.6% annualized versus 14.3% for SPY. Worst drawdown: SPY -18.8% vs TSLQ -98.7%.
Should I hold both SPY and TSLQ?
SPY and TSLQ have a monthly-return correlation of -0.32, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, SPY or TSLQ?
SPY yields 0.98% while TSLQ yields 10.30%, so TSLQ currently pays the higher dividend yield.
Is TSLQ better than SPY?
SPY has a lower expense ratio. SPY led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.