SPY vs TSLT
State Street SPDR S&P 500 ETF Trust vs T-Rex 2X Long Tesla Daily Target ETF
Which is better, SPY or TSLT?
Large Cap Blend against Multi Alternative.
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 | TSLT |
|---|---|---|
| Expense Ratio | 0.09%Best | 1.05% |
| AUM | $804.7B | $166M |
| Dividend Yield | 0.98% | 0.00% |
| Holdings | 505 | 11 |
| YTD Return | +12.09%Best | -47.14% |
| 1Y Return | +16.29%Best | -47.51% |
| 3Y Return (annualized) | +21.20%Best | -13.57% |
| 5Y Return (annualized) | +13.37% | - |
| Volatility (annualized) | 12.4%Best | 106.0% |
| Max Drawdown | -18.8%Best | -83.2% |
| $10,000 over 2.9 years | $18,413Best | $6,551 |
| Fund Family | State Street Investment Management | REX Shares |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Multi Alternative |
| Inception | Jan 22, 1993 | Oct 19, 2023 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Oct 19, 2023 to Sep 18, 2026 (2.9 years).
SPY vs TSLT 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 2.9 years both funds cover.
SPY vs TSLT Performance
State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and T-Rex 2X Long Tesla Daily Target ETF (TSLT) is an ETF from REX Shares. Over the past year SPY returned +16.29% while TSLT returned -47.51%. Year to date, SPY is up 12.09% versus a loss of 47.14% for TSLT.
Over three years, SPY compounded at +21.20% per year against -13.57% for TSLT.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TSLT has been the more volatile fund, with annualized monthly volatility of 106.0% compared with 12.4% 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 -83.2% for TSLT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.42. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SPY charges 0.09% per year while TSLT charges 1.05%. On a $10,000 position that is $9 vs $105 annually, a gap of $96 per year that compounds over a long holding period. On income, SPY currently yields 0.98% against 0.00% for TSLT.
You are not choosing between two funds in isolation.
Whichever of SPY and TSLT 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 TSLT?
SPY has an expense ratio of 0.09% while TSLT charges 1.05%. SPY is the cheaper option, by $96 a year on a $10,000 investment.
Which performed better, SPY or TSLT?
Over the past year SPY returned +16.29% vs -47.51% for TSLT, so SPY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SPY or TSLT?
TSLT has been the more volatile fund at 106.0% annualized versus 12.4% for SPY. Worst drawdown: SPY -18.8% vs TSLT -83.2%.
Should I hold both SPY and TSLT?
SPY and TSLT have a monthly-return correlation of 0.42, 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 TSLT?
SPY yields 0.98% while TSLT yields 0.00%, so SPY currently pays the higher dividend yield.
Is TSLT 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.