SPY vs XOMZ
State Street SPDR S&P 500 ETF Trust vs Direxion Daily XOM Bear 1X ETF
Which is better, SPY or XOMZ?
Large Cap Blend against Trading-Inverse 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 | XOMZ |
|---|---|---|
| Expense Ratio | 0.09%Best | 1.01% |
| AUM | $804.7B | $2M |
| Dividend Yield | 0.98% | 4.36% |
| Holdings | 505 | 7 |
| Volatility (annualized) | 10.5%Best | 23.1% |
| Fund Family | State Street Investment Management | Direxion Shares ETF Trust |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Trading-Inverse Equity |
| Inception | Jan 22, 1993 | Apr 23, 2025 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
The two price series end 154 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. SPY has data through Sep 11, 2026 and XOMZ through Apr 10, 2026.
Risk: Volatility and Drawdowns
XOMZ has been the more volatile fund, with annualized monthly volatility of 23.1% compared with 10.5% for SPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SPY charges 0.09% per year while XOMZ charges 1.01%. On a $10,000 position that is $9 vs $101 annually, a gap of $92 per year that compounds over a long holding period. On income, SPY currently yields 0.98% against 4.36% for XOMZ.
Holdings Overlap
We hold position weights for 504 holdings in SPY and 3 in XOMZ, totalling 100.0% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 216 days apart, SPY as of Aug 4, 2026 and XOMZ as of Dec 31, 2025, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 504 positions we hold weights for in SPY and 3 in XOMZ, against full books of 505 and 7.
You are not choosing between two funds in isolation.
Whichever of SPY and XOMZ 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 XOMZ?
SPY has an expense ratio of 0.09% while XOMZ charges 1.01%. SPY is the cheaper option, by $92 a year on a $10,000 investment.
Which is riskier, SPY or XOMZ?
XOMZ has been the more volatile fund at 23.1% annualized versus 10.5% for SPY.
Should I hold both SPY and XOMZ?
SPY and XOMZ have a monthly-return correlation of 0.78, 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 XOMZ?
SPY yields 0.98% while XOMZ yields 4.36%, so XOMZ currently pays the higher dividend yield.
Is XOMZ 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.