SPY vs VELL
State Street SPDR S&P 500 ETF Trust vs Defiance Daily Target 2x Long VELO ETF
Which is better, SPY or VELL?
Large Cap Blend against Trading-Leveraged Equity.
SPY has a lower expense ratio.
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 | VELL |
|---|---|---|
| Expense Ratio | 0.09%Best | 1.31% |
| AUM | $804.7B | $1M |
| Dividend Yield | 0.98% | 0.00% |
| Holdings | 505 | 8 |
| YTD Return | +13.82%Best | -77.29% |
| 1Y Return | +16.96% | - |
| 3Y Return (annualized) | +22.97% | - |
| 5Y Return (annualized) | +13.73% | - |
| Fund Family | State Street Investment Management | Defiance ETFs, LLC |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Trading-Leveraged Equity |
| Inception | Jan 22, 1993 | Jun 4, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
SPY vs VELL 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 VELL Performance
State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and Defiance Daily Target 2x Long VELO ETF (VELL) is an ETF from Defiance ETFs, LLC. Year to date, SPY is up 13.82% versus a loss of 77.29% for VELL.
Past performance does not guarantee future results.
Fees and Cost Over Time
SPY charges 0.09% per year while VELL charges 1.31%. On a $10,000 position that is $9 vs $131 annually, a gap of $122 per year that compounds over a long holding period. On income, SPY currently yields 0.98% against 0.00% for VELL.
Holdings Overlap
We hold position weights for 504 holdings in SPY and 1 in VELL, totalling 99.9% and 6.2% 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 VELL, against full books of 505 and 8.
You are not choosing between two funds in isolation.
Whichever of SPY and VELL 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 VELL?
SPY has an expense ratio of 0.09% while VELL charges 1.31%. SPY is the cheaper option, by $122 a year on a $10,000 investment.
Which pays a higher dividend, SPY or VELL?
SPY yields 0.98% while VELL yields 0.00%, so SPY currently pays the higher dividend yield.
Is VELL better than SPY?
SPY has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.