Compare · 2 funds side by side · dividends reinvested

TBT and SPY

TBTProShares×SPYSPDR×

Versus in desk

Story of the two · Growth5Y$10,000 five years agoDividends reinvested · both on one scale$24,994TBT · best of the two

02 / 04

TBT and SPY, Ranked

Today

FundFeeYieldYTD1 year3 yrs · yr5 yrs · yrWorst dropVolatilityAssetsAvg rank

ProShares - UltraShort 20+ Year TreasuryLeveraged · 2x0.93%2.37%+12.5%+20.1%+0.4%+20.1%−11.3%19.7%$292M1.5

State Street SPDR S&P 500 ETFLow-Cost Core · S&P 5000.09%1.01%+11.5%+11.8%+24.0%+12.1%−8.9%12.8%$798B1.5

Rank among the two1st → 2ndFee, drop and volatility: lower ranks higherAvg rank: mean of the 8 ranks · 1 is best

End-of-day Nov 3, 2026 · returns include dividends · since: TBT 2008 · SPY 1993

Head to Head

Swap sides Versus in desk

Head to Head

ProShares - UltraShort 20+ Year Treasury · $292M$24,994

TBT

SPY

State Street SPDR S&P 500 ETF · $798B$17,688

$10,000 five years ago, dividends reinvested · they hold 0.0% in common

TBTMeasureSPY

+12.5%Year to dateJan 1 → Nov 3+11.5%

+20.1%1 yearTotal return+11.8%

+0.4%3 years · per year$10,000 became $10,120 · $19,046+24.0%

+20.1%5 years · per year$10,000 became $24,994 · $17,688+12.1%

0.93%Expense ratio$93 · $9 a year on $10k · lower is better0.09%

2.37%Trailing 12-mo yield$237 · $101 a year on $10k1.01%

−11.3%Worst dropSmaller is better−8.9%

19.7%VolatilityLower is calmer12.8%

TBTSPY Winner of the row, in its colourEach row: the bigger of the two fills its side

4–4Level

End-of-day Nov 3, 2026 · returns include dividends · 3Y and 5Y figures are per-year returns

More Ways to See the Pairs

TBT vs SPY: Top 5 Holdings

Today

TBT

76.5%in top 5

SPY

in top 527.4%

TBTStockSPY

76.5%IQMMnot top 5

not top 5NVDA7.8%

not top 5AAPL7.7%

not top 5MSFT5.9%

not top 5AMZN3.6%

not top 5GOOGL2.5%

Held in common0.0%

End-of-day Nov 3, 2026 · share of each fund

TBT vs SPY Returns, Every Period

ProSharesTBT

+20.1%

5 years, per year

SPYSPDR

+12.1%

5 years, per year

TBTSPYFaded: behind in that period

3–1TBT wins

End-of-day Nov 3, 2026 · dividends in · faded = behind in that period

Leveraged vs Core: TBT vs SPY

YTD

ProSharesTBT

+12.5%

SPYSPDR

+11.5%

+12.5%Year to date+11.5%

−11.3%Worst drop · 1Y−8.9%

19.7%Volatility · 1Y12.8%

2.4%Yield1.0%

$292MAssets$798B

2–2level

End-of-day Nov 3, 2026 · smaller drop and lower volatility win

Cost, Income and Risk

Fees: TBT, SPY

Today

0.09%lowest, SPY

FundExpense ratioFee$10k

SPY0.09%$9

TBT0.93%$93

End-of-day Nov 3, 2026 · fee on $10,000 a year

Yields: TBT, SPY

2.37%highest, TBT

FundTrailing yieldYield$10k

TBT2.37%$237

SPY1.01%$101

End-of-day Nov 3, 2026 · trailing 12-month yield

Income After Fees on $10,000

$144most kept, TBT

TBT$237 − $93 = $144

SPY$101 − $9 = $92

KeptFee

End-of-day Nov 3, 2026 · yield in dollars minus the fee

Overlap: TBT, SPY

Today

0.0%most shared, TBT and SPY

TBTSPY

TBT—0.0%

SPY0.0%—

End-of-day Nov 3, 2026 · share held in common · outlined: the pair in versus

Return vs Bumpiness: 2 ETFs

+20.1%TBT, at 19.7% volatility

SPYWorst drop−8.9%12.8% vol

TBTWorst drop−11.3%19.7% vol

End-of-day Nov 3, 2026 · up and left is better

Paid More vs Made More

YTD

TBTSPY

+12.5%Year to date+11.5%

2.4%Yield1.0%

+20.1%Past year+11.8%

0.93%Fee0.09%

3–1TBT wins

End-of-day Nov 3, 2026

Popular Pairs Near These Two

SPYM vs SPY

YTD

SPDRSPYM

+11.5%

SPYSPDR

+11.5%

+11.5%Year to date+11.5%

1.0%Yield1.0%

$185BAssets$798B

0–0level

End-of-day Nov 3, 2026

SCHD vs VIG

YTD

SchwabSCHD

+32.8%

VIGVanguard

+14.0%

+32.8%Year to date+14.0%

3.0%Yield1.5%

$121BAssets$109B

2–0SCHD wins

End-of-day Nov 3, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+7.5%

JEPIJ.P. Morgan

+7.0%

+7.5%Year to date+7.0%

12.3%Yield8.0%

$41.8BAssets$46.0B

2–0JEPQ wins

End-of-day Nov 3, 2026