SPY vs TSXD
State Street SPDR S&P 500 ETF Trust vs Direxion Daily Semiconductors Top 5 Bear 2X ETF
Which is better, SPY or TSXD?
Large Cap Blend against Trading-Inverse Equity.
SPY has a lower expense ratio. SPY led over 1Y.
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 | TSXD |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.99% |
| AUM | $804.7B | $2M |
| Dividend Yield | 0.98% | 5.63% |
| Holdings | 505 | 7 |
| YTD Return | +12.99%Best | -71.71% |
| 1Y Return | +16.73%Best | -79.88% |
| 3Y Return (annualized) | +22.52% | - |
| 5Y Return (annualized) | +13.07% | - |
| Fund Family | State Street Investment Management | Direxion Shares ETF Trust |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Trading-Inverse Equity |
| Inception | Jan 22, 1993 | Oct 1, 2025 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
SPY vs TSXD 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
SPY vs TSXD Performance
State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and Direxion Daily Semiconductors Top 5 Bear 2X ETF (TSXD) is an ETF from Direxion Shares ETF Trust. Over the past year SPY returned +16.73% while TSXD returned -79.88%. Year to date, SPY is up 12.99% versus a loss of 71.71% for TSXD.
Past performance does not guarantee future results.
Fees and Cost Over Time
SPY charges 0.09% per year while TSXD charges 0.99%. On a $10,000 position that is $9 vs $99 annually, a gap of $90 per year that compounds over a long holding period. On income, SPY currently yields 0.98% against 5.63% for TSXD.
Holdings Overlap
We hold position weights for 504 holdings in SPY and 3 in TSXD, totalling 99.9% and 84.8% 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 3 in TSXD, against full books of 505 and 7.
You are not choosing between two funds in isolation.
Whichever of SPY and TSXD 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 TSXD?
SPY has an expense ratio of 0.09% while TSXD charges 0.99%. SPY is the cheaper option, by $90 a year on a $10,000 investment.
Which performed better, SPY or TSXD?
Over the past year SPY returned +16.73% vs -79.88% for TSXD, so SPY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which pays a higher dividend, SPY or TSXD?
SPY yields 0.98% while TSXD yields 5.63%, so TSXD currently pays the higher dividend yield.
Is TSXD better than SPY?
SPY has a lower expense ratio. SPY led over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.