SPYU vs STEW
MAX S&P 500 4X Leveraged ETN vs SRH Total Return Fund
Which is better, SPYU or STEW?
SPYU has been ahead.
SPYU 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 | SPYU | STEW |
|---|---|---|
| Expense Ratio | - | 2.28% |
| AUM | $567M | $2.3B |
| Dividend Yield | 0.00% | 3.39% |
| Holdings | - | 24 |
| YTD Return | +24.74%Best | -0.38% |
| 1Y Return | +32.09%Best | +3.95% |
| 3Y Return (annualized) | - | +15.13% |
| 5Y Return (annualized) | - | +9.90% |
| Volatility (annualized) | 49.1% | 12.0%Best |
| Max Drawdown | -62.3% | -27.6%Best |
| $10,000 over 2.9 years | $28,049Best | $14,854 |
| Fund Family | BMO Capital Markets | Paralel Advisors LLC |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 4, 2023 | Jan 31, 2002 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Dec 5, 2023 to Oct 14, 2026 (2.9 years).
SPYU vs STEW 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 2.9 years both funds cover.
SPYU vs STEW Performance
MAX S&P 500 4X Leveraged ETN (SPYU) is an ETF from BMO Capital Markets and SRH Total Return Fund (STEW) is an ETF from Paralel Advisors LLC. Over the past year SPYU returned +32.09% while STEW returned +3.95%. Year to date, SPYU is up 24.74% versus a loss of 0.38% for STEW.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPYU has been the more volatile fund, with annualized monthly volatility of 49.1% compared with 12.0% for STEW. 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 -62.3% for SPYU and -27.6% for STEW. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.38. They move together some of the time, and apart the rest.
You are not choosing between two funds in isolation.
Whichever of SPYU and STEW 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, SPYU or STEW?
Over the past year SPYU returned +32.09% vs +3.95% for STEW, so SPYU leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SPYU or STEW?
SPYU has been the more volatile fund at 49.1% annualized versus 12.0% for STEW. Worst drawdown: SPYU -62.3% vs STEW -27.6%.
Should I hold both SPYU and STEW?
SPYU and STEW have a monthly-return correlation of 0.38, 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, SPYU or STEW?
SPYU yields 0.00% while STEW yields 3.39%, so STEW currently pays the higher dividend yield.
Is STEW better than SPYU?
SPYU 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.