SPY vs UXRP
State Street SPDR S&P 500 ETF Trust vs ProShares Ultra XRP ETF
Which is better, SPY or UXRP?
SPY has been ahead.
SPY has a lower expense ratio. SPY led over 1Y 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 | UXRP |
|---|---|---|
| Expense Ratio | 0.09%Best | 1.67% |
| AUM | $804.7B | $47M |
| Dividend Yield | 0.98% | 0.01% |
| Holdings | 505 | 2 |
| YTD Return | +11.52%Best | -71.82% |
| 1Y Return | +17.48%Best | -90.91% |
| 3Y Return (annualized) | +20.62% | - |
| 5Y Return (annualized) | +12.73% | - |
| Volatility (annualized) | 12.5%Best | 92.9% |
| Max Drawdown | -8.9%Best | -96.9% |
| $10,000 over 1.2 years | $12,416Best | $707 |
| Fund Family | State Street Investment Management | ProShares |
| Category | Equity | Alternative |
| Style | Large Cap Blend | - |
| Inception | Jan 22, 1993 | Jul 14, 2025 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.2 years row, are measured over the window both funds cover: Jul 15, 2025 to Sep 10, 2026 (1.2 years).
SPY vs UXRP 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 1.2 years both funds cover.
SPY vs UXRP Performance
State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and ProShares Ultra XRP ETF (UXRP) is an ETF from ProShares. Over the past year SPY returned +17.48% while UXRP returned -90.91%. Year to date, SPY is up 11.52% versus a loss of 71.82% for UXRP.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UXRP has been the more volatile fund, with annualized monthly volatility of 92.9% compared with 12.5% 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 -8.9% for SPY and -96.9% for UXRP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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 UXRP charges 1.67%. On a $10,000 position that is $9 vs $167 annually, a gap of $158 per year that compounds over a long holding period. On income, SPY currently yields 0.98% against 0.01% for UXRP.
You are not choosing between two funds in isolation.
Whichever of SPY and UXRP 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 UXRP?
SPY has an expense ratio of 0.09% while UXRP charges 1.67%. SPY is the cheaper option, by $158 a year on a $10,000 investment.
Which performed better, SPY or UXRP?
Over the past year SPY returned +17.48% vs -90.91% for UXRP, so SPY leads on 1-year performance. Over the longest common window we track (1 years), SPY annualized +19.76% vs -89.01% for UXRP. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SPY or UXRP?
UXRP has been the more volatile fund at 92.9% annualized versus 12.5% for SPY. Worst drawdown: SPY -8.9% vs UXRP -96.9%.
Should I hold both SPY and UXRP?
SPY and UXRP 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 UXRP?
SPY yields 0.98% while UXRP yields 0.01%, so SPY currently pays the higher dividend yield.
Is UXRP better than SPY?
SPY has a lower expense ratio. SPY led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.