GDXY vs TSPY
YieldMax Gold Miners Option Income Strategy ETF vs TappAlpha S&P 500 Growth & Daily Income ETF
Which is better, GDXY or TSPY?
Each has led over a different period.
TSPY has a lower expense ratio. GDXY led over the full window, TSPY over 1Y.
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 | GDXY | TSPY |
|---|---|---|
| Expense Ratio | 1.00% | 0.71%Best |
| AUM | $306M | $366M |
| Dividend Yield | 81.80% | 15.20% |
| Holdings | 28 | 3 |
| YTD Return | -5.61% | +11.73%Best |
| 1Y Return | -3.90% | +16.30%Best |
| Volatility (annualized) | 34.9% | 12.2%Best |
| Max Drawdown | -37.0% | -18.0%Best |
| $10,000 over 2.2 years | $15,944Best | $14,189 |
| Fund Family | YieldMax ETF | TappAlpha |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | May 20, 2024 | Aug 14, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Aug 15, 2024 to Oct 15, 2026 (2.2 years).
GDXY vs TSPY 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 2.2 years both funds cover.
GDXY vs TSPY Performance
YieldMax Gold Miners Option Income Strategy ETF (GDXY) is an ETF from YieldMax ETF and TappAlpha S&P 500 Growth & Daily Income ETF (TSPY) is an ETF from TappAlpha. Over the past year GDXY returned -3.90% while TSPY returned +16.30%. Year to date, GDXY is down 5.61% versus a gain of 11.73% for TSPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GDXY has been the more volatile fund, with annualized monthly volatility of 34.9% compared with 12.2% for TSPY. 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 -37.0% for GDXY and -18.0% for TSPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.13. They move largely independently of each other.
Fees and Cost Over Time
GDXY charges 1.00% per year while TSPY charges 0.71%. On a $10,000 position that is $100 vs $71 annually, a gap of $29 per year that compounds over a long holding period. On income, GDXY currently yields 81.80% against 15.20% for TSPY.
Holdings Overlap
We hold position weights for 2 holdings in GDXY and 2 in TSPY, totalling 21.8% and 99.8% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 1 positions appear in both.
1 positions in common, counted across the 2 positions we hold weights for in GDXY and 2 in TSPY, against full books of 28 and 3.
Top Shared Holdings
| Stock | Weight in GDXY | Weight in TSPY | Difference |
|---|---|---|---|
| FGXXXFirst American Government Obligations Fund | 2.17% | 0.29% | 1.88% |
You are not choosing between two funds in isolation.
Whichever of GDXY and TSPY 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, GDXY or TSPY?
GDXY has an expense ratio of 1.00% while TSPY charges 0.71%. TSPY is the cheaper option, by $29 a year on a $10,000 investment.
Which performed better, GDXY or TSPY?
Over the past year GDXY returned -3.90% vs +16.30% for TSPY, so TSPY leads on 1-year performance. Over the longest common window we track (2 years), GDXY annualized +23.62% vs +17.24% for TSPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GDXY or TSPY?
GDXY has been the more volatile fund at 34.9% annualized versus 12.2% for TSPY. Worst drawdown: GDXY -37.0% vs TSPY -18.0%.
Should I hold both GDXY and TSPY?
GDXY and TSPY have a monthly-return correlation of 0.13, 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, GDXY or TSPY?
GDXY yields 81.80% while TSPY yields 15.20%, so GDXY currently pays the higher dividend yield.
Is TSPY better than GDXY?
TSPY has a lower expense ratio. GDXY led over the full window, TSPY over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.