SPY vs XOMX
State Street SPDR S&P 500 ETF Trust vs Direxion Daily XOM Bull 2X ETF
Which is better, SPY or XOMX?
Large Cap Blend against Trading-Leveraged Equity.
SPY has a lower expense ratio. XOMX 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 | XOMX |
|---|---|---|
| Expense Ratio | 0.09%Best | 1.07% |
| AUM | $777.9B | $8M |
| Dividend Yield | 1.00% | 1.36% |
| Holdings | 1,011 | 22 |
| YTD Return | +12.09% | +65.53%Best |
| 1Y Return | +12.45% | +73.06%Best |
| 3Y Return (annualized) | +21.45% | - |
| 5Y Return (annualized) | +11.87% | - |
| Volatility (annualized) | 11.7%Best | 55.4% |
| Max Drawdown | -8.9%Best | -39.6% |
| $10,000 over 1.6 years | $14,590 | $20,994Best |
| Fund Family | State Street Investment Management | Direxion Shares ETF Trust |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Trading-Leveraged Equity |
| Inception | Jan 22, 1993 | Apr 23, 2025 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.6 years row, are measured over the window both funds cover: Apr 23, 2025 to Nov 11, 2026 (1.6 years).
SPY vs XOMX 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 1.6 years both funds cover.
SPY vs XOMX Performance
State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and Direxion Daily XOM Bull 2X ETF (XOMX) is an ETF from Direxion Shares ETF Trust. Over the past year SPY returned +12.45% while XOMX returned +73.06%. Year to date, SPY is up 12.09% versus a gain of 65.53% for XOMX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XOMX has been the more volatile fund, with annualized monthly volatility of 55.4% compared with 11.7% 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 -39.6% for XOMX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.48. They move together some of the time, and apart the rest.
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 1.00% against 1.36% for XOMX.
Holdings Overlap
At least 1.1% of SPY's money is in holdings XOMX also owns.
Stated as a floor: for XOMX, our book for it covers 25.4% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
SPY and XOMX share little of their money.
1 positions in common, counted across the 504 positions we hold weights for in SPY and 2 in XOMX, against full books of 1,011 and 22.
Top Shared Holdings
| Stock | Weight in SPY | Weight in XOMX | Difference |
|---|---|---|---|
| XOMExxonmobil Corp. | 1.09% | 21.10% | 20.01% |
You are not choosing between two funds in isolation.
Whichever of SPY and XOMX 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 XOMX?
SPY has an expense ratio of 0.09% while XOMX charges 1.07%. SPY is the cheaper option, by $98 a year on a $10,000 investment.
Which performed better, SPY or XOMX?
Over the past year SPY returned +12.45% vs +73.06% for XOMX, so XOMX leads on 1-year performance. Over the longest common window we track (2 years), SPY annualized +26.63% vs +58.97% for XOMX. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SPY or XOMX?
XOMX has been the more volatile fund at 55.4% annualized versus 11.7% for SPY. Worst drawdown: SPY -8.9% vs XOMX -39.6%.
Should I hold both SPY and XOMX?
SPY and XOMX have a monthly-return correlation of -0.48, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between SPY and XOMX?
At least 1.1% of SPY's money is in holdings XOMX also owns. Our book for XOMX is partial, so the real figure is this or higher. They hold 1 positions in common, counted across the 504 positions we hold weights for in SPY and 2 in XOMX.
Which pays a higher dividend, SPY or XOMX?
SPY yields 1.00% while XOMX yields 1.36%, so XOMX currently pays the higher dividend yield.
Is XOMX better than SPY?
SPY has a lower expense ratio. XOMX 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.