SPY vs TSLZ
State Street SPDR S&P 500 ETF Trust vs T-Rex 2X Inverse Tesla Daily Target ETF
Which is better, SPY or TSLZ?
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 | TSLZ |
|---|---|---|
| Expense Ratio | 0.09%Best | 1.05% |
| AUM | $804.7B | $27M |
| Dividend Yield | 0.98% | 0.69% |
| Holdings | 505 | 7 |
| YTD Return | +12.47%Best | -6.65% |
| 1Y Return | +17.51%Best | -47.05% |
| 3Y Return (annualized) | +21.18%Best | -75.81% |
| 5Y Return (annualized) | +12.88% | - |
| Volatility (annualized) | 12.4%Best | 104.8% |
| Max Drawdown | -18.8% | - |
| $10,000 over 2.9 years | $18,552Best | $163 |
| 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 11, 2026 (2.9 years).
SPY vs TSLZ 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 TSLZ Performance
State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and T-Rex 2X Inverse Tesla Daily Target ETF (TSLZ) is an ETF from REX Shares. Over the past year SPY returned +17.51% while TSLZ returned -47.05%. Year to date, SPY is up 12.47% versus a loss of 6.65% for TSLZ.
Over three years, SPY compounded at +21.18% per year against -75.81% for TSLZ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TSLZ has been the more volatile fund, with annualized monthly volatility of 104.8% compared with 12.4% for SPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at -0.29. They move largely independently of each other.
Fees and Cost Over Time
SPY charges 0.09% per year while TSLZ 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 0.69% for TSLZ.
You are not choosing between two funds in isolation.
Whichever of SPY and TSLZ 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 TSLZ?
SPY has an expense ratio of 0.09% while TSLZ charges 1.05%. SPY is the cheaper option, by $96 a year on a $10,000 investment.
Which performed better, SPY or TSLZ?
Over the past year SPY returned +17.51% vs -47.05% for TSLZ, 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 TSLZ?
TSLZ has been the more volatile fund at 104.8% annualized versus 12.4% for SPY.
Should I hold both SPY and TSLZ?
SPY and TSLZ have a monthly-return correlation of -0.29, 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 TSLZ?
SPY yields 0.98% while TSLZ yields 0.69%, so SPY currently pays the higher dividend yield.
Is TSLZ 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.