LGDX vs SPYU
Intech S&P Large Cap Diversified Alpha ETF vs MAX S&P 500 4X Leveraged ETN
Which is better, LGDX or SPYU?
SPYU has been ahead.
SPYU led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.97.
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 | LGDX | SPYU |
|---|---|---|
| Expense Ratio | 0.25% | - |
| AUM | $147M | $567M |
| Dividend Yield | 0.47% | 0.00% |
| Holdings | 590 | - |
| YTD Return | +11.53% | +24.74%Best |
| 1Y Return | +14.44% | +32.09%Best |
| Volatility (annualized) | 12.5%Best | 54.8% |
| Max Drawdown | -15.8%Best | -55.1% |
| $10,000 over 1.6 years | $12,640 | $14,810Best |
| Fund Family | Intech ETF | BMO Capital Markets |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Mar 1, 2025 | Dec 4, 2023 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.6 years row, are measured over the window both funds cover: Feb 28, 2025 to Oct 14, 2026 (1.6 years).
LGDX vs SPYU 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.
LGDX vs SPYU Performance
Intech S&P Large Cap Diversified Alpha ETF (LGDX) is an ETF from Intech ETF and MAX S&P 500 4X Leveraged ETN (SPYU) is an ETF from BMO Capital Markets. Over the past year LGDX returned +14.44% while SPYU returned +32.09%. Year to date, LGDX is up 11.53% versus a gain of 24.74% for SPYU.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPYU has been the more volatile fund, with annualized monthly volatility of 54.8% compared with 12.5% for LGDX. 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 -15.8% for LGDX and -55.1% for SPYU. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
You are not choosing between two funds in isolation.
Whichever of LGDX and SPYU 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 performed better, LGDX or SPYU?
Over the past year LGDX returned +14.44% vs +32.09% for SPYU, so SPYU leads on 1-year performance. Over the longest common window we track (2 years), LGDX annualized +15.77% vs +27.82% for SPYU. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LGDX or SPYU?
SPYU has been the more volatile fund at 54.8% annualized versus 12.5% for LGDX. Worst drawdown: LGDX -15.8% vs SPYU -55.1%.
Should I hold both LGDX and SPYU?
LGDX and SPYU have a monthly-return correlation of 0.97, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, LGDX or SPYU?
LGDX yields 0.47% while SPYU yields 0.00%, so LGDX currently pays the higher dividend yield.
Is SPYU better than LGDX?
SPYU led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.97. Which one suits a particular account depends on what it is for. This is information, not a recommendation.