SPY vs XOMX
State Street SPDR S&P 500 ETF Trust vs Direxion Daily XOM Bull 2X ETF
Quick Verdict
SPY has a lower expense ratio. XOMX delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | SPY | XOMX | Winner |
|---|---|---|---|
| Expense Ratio | 0.09% | 1.07% | |
| AUM | $821.1B | $8M | |
| Dividend Yield | 1.01% | 1.70% | |
| Holdings | 505 | 9 | |
| YTD Return | +12.68% | +69.21% | |
| 1Y Return | +21.82% | +107.07% | |
| 3Y Return (annualized) | +21.98% | - | |
| 5Y Return (annualized) | +12.89% | - | |
| Volatility (annualized) | 15.3% | 51.6% | |
| Max Drawdown | -56.5% | -39.6% | |
| Fund Family | State Street Investment Management | Direxion Shares ETF Trust | |
| Category | Equity | Alternative | |
| Inception | Jan 22, 1993 | Apr 23, 2025 |
SPY vs XOMX Performance
State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management and Direxion Daily XOM Bull 2X ETF (XOMX) is a ETF from Direxion Shares ETF Trust. Over the past year SPY returned +21.82% while XOMX returned +107.07%. Year to date, SPY is up 12.68% versus a gain of 69.21% for XOMX.
Risk: Volatility and Drawdowns
XOMX has been the more volatile fund, with annualized monthly volatility of 51.6% compared with 15.3% 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 -56.5% for SPY and -39.6% for XOMX. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at -0.56. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SPY charges 0.09% per year while XOMX charges 1.07%. On a $10,000 position that is $9 vs $107 annually, a gap of $98 per year that compounds over a long holding period. On income, SPY currently yields 1.01% against 1.70% for XOMX.
Holdings Overlap
SPY and XOMX share 1 holdings out of 508 unique holdings combined, representing a 1.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in SPY | Weight in XOMX | Difference |
|---|---|---|---|
| XOM | 0.96% | 22.98% | 22.02% |
Frequently Asked Questions
Which is cheaper, SPY or XOMX?
SPY has an expense ratio of 0.09% while XOMX charges 1.07%. SPY is the cheaper option. On a $10,000 investment, that is $98 per year of difference.
Which performed better, SPY or XOMX?
Over the past year SPY returned +21.82% vs +107.07% for XOMX, so XOMX leads on 1-year performance. Over the longest common window we track (1 years), SPY annualized +8.81% vs +75.42% for XOMX. Past performance does not guarantee future results.
Which is riskier, SPY or XOMX?
XOMX has been the more volatile fund at 51.6% annualized versus 15.3% for SPY. Worst drawdown: SPY -56.5% vs XOMX -39.6%.
Should I hold both SPY and XOMX?
SPY and XOMX have a monthly-return correlation of -0.56, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SPY and XOMX?
SPY and XOMX share 1 common holdings with a 1.0% weight overlap. Combined, they hold 508 unique securities.
Which pays a higher dividend, SPY or XOMX?
SPY yields 1.01% while XOMX yields 1.70%, so XOMX currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.