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SMCX vs XLK

Defiance Daily Target 2X Long SMCI ETF vs State Street Technology Select Sector SPDR ETF

SMCX

Defiance Daily Target 2X Long SMCI ETF

Defiance ETFs LLC

Annual cost

1.43%

Fund size

$106M

XLK

State Street Technology Select Sector SPDR ETF

State Street Investment Management

Annual cost

0.08%

Fund size

$103.3B

Key differences

  • XLK costs 1.35% less per year.
  • XLK is significantly larger than SMCX — larger funds tend to be more liquid and less likely to close.
  • SMCX follows a leveraged strategy; XLK uses index tracking.
  • XLK has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SMCXXLK
Annual cost (TER)1.43%0.08%
Fund size (AUM)$106M$103.3B
Since20241998
Dividend yield8.67%0.48%
Asset classequityequity
Regionnorth americanorth america
Strategyleveragedindex tracking
CAGR 1Y-70.2%+63.6%
CAGR 3YN/A+33.7%
CAGR 5YN/A+23.3%
Sharpe 3YN/A1.20
Volatility 1Y154.12%20.65%
Max drawdown-99.02%-33.56%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to SMCX and XLK