SNOU vs SPY
T-REX 2X Long SNOW Daily Target ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, SNOU or SPY?
Trading-Leveraged Equity against Large Cap Blend.
SPY has a lower expense ratio. SNOU led over the full window, SPY 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 | SNOU | SPY |
|---|---|---|
| Expense Ratio | 1.50% | 0.09%Best |
| AUM | $27M | $823.2B |
| Dividend Yield | 3.69% | 0.99% |
| Holdings | 3 | 1,515 |
| YTD Return | +59.60%Best | +13.53% |
| 1Y Return | +13.81% | +17.47%Best |
| 3Y Return (annualized) | - | +22.36% |
| 5Y Return (annualized) | - | +13.21% |
| Volatility (annualized) | 196.7% | 11.8%Best |
| Max Drawdown | -85.0% | -8.9%Best |
| $10,000 over 1.5 years | $22,680Best | $14,405 |
| Fund Family | REX Shares | State Street Investment Management |
| Category | Alternative | Equity |
| Style | Trading-Leveraged Equity | Large Cap Blend |
| Inception | Apr 25, 2025 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.5 years row, are measured over the window both funds cover: Apr 24, 2025 to Oct 14, 2026 (1.5 years).
SNOU vs SPY 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 1.5 years both funds cover.
SNOU vs SPY Performance
T-REX 2X Long SNOW Daily Target ETF (SNOU) is an ETF from REX Shares and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year SNOU returned +13.81% while SPY returned +17.47%. Year to date, SNOU is up 59.60% versus a gain of 13.53% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SNOU has been the more volatile fund, with annualized monthly volatility of 196.7% compared with 11.8% 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 -85.0% for SNOU and -8.9% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.35. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SNOU charges 1.50% per year while SPY charges 0.09%. On a $10,000 position that is $150 vs $9 annually, a gap of $141 per year that compounds over a long holding period. On income, SNOU currently yields 3.69% against 0.99% for SPY.
You are not choosing between two funds in isolation.
Whichever of SNOU and SPY 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, SNOU or SPY?
SNOU has an expense ratio of 1.50% while SPY charges 0.09%. SPY is the cheaper option, by $141 a year on a $10,000 investment.
Which performed better, SNOU or SPY?
Over the past year SNOU returned +13.81% vs +17.47% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (2 years), SNOU annualized +72.62% vs +27.55% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SNOU or SPY?
SNOU has been the more volatile fund at 196.7% annualized versus 11.8% for SPY. Worst drawdown: SNOU -85.0% vs SPY -8.9%.
Should I hold both SNOU and SPY?
SNOU and SPY have a monthly-return correlation of 0.35, 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, SNOU or SPY?
SNOU yields 3.69% while SPY yields 0.99%, so SNOU currently pays the higher dividend yield.
Is SPY better than SNOU?
SPY has a lower expense ratio. SNOU led over the full window, SPY over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.