RINC vs. SPYQ

Last updated Apr 1, 2026

Compare and contrast key facts about AXS Real Estate Income ETF (RINC) and Tradr 2X Long SPY Quarterly ETF (SPYQ).

RINC and SPYQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RINC is a passively managed fund by AXS that tracks the performance of the Gapstow Real Estate Income Index. It was launched on Aug 28, 2023. SPYQ is an actively managed fund by AXS. It was launched on Sep 30, 2024.

Performance

RINC vs. SPYQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AXS Real Estate Income ETF (RINC) and Tradr 2X Long SPY Quarterly ETF (SPYQ). The values are adjusted to include any dividend payments, if applicable.

RINC vs. SPYQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
RINC AXS Real Estate Income ETF	0.00%	7.75%	-5.47%
SPYQ Tradr 2X Long SPY Quarterly ETF	-10.44%	26.22%	4.76%

Returns By Period

RINC

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SPYQ

• 1D: 6.28%
• 1M: -10.55%
• YTD: -10.44%
• 6M: -7.41%
• 1Y: 26.48%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

RINC vs. SPYQ - Expense Ratio Comparison

RINC has a 0.89% expense ratio, which is lower than SPYQ's 1.30% expense ratio.

SPYQ

Tradr 2X Long SPY Quarterly ETF

RINC

AXS Real Estate Income ETF

Return for Risk

RINC vs. SPYQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SPYQ

SPYQ Risk / Return Rank: 48
SPYQ Sharpe Ratio Rank: 38
SPYQ Sortino Ratio Rank: 46
SPYQ Omega Ratio Rank: 50
SPYQ Calmar Ratio Rank: 47
SPYQ Martin Ratio Rank: 56

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RINC vs. SPYQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AXS Real Estate Income ETF (RINC) and Tradr 2X Long SPY Quarterly ETF (SPYQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	RINC	SPYQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.69	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.34	—

Correlation

The correlation between RINC and SPYQ is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

RINC vs. SPYQ - Dividend Comparison

RINC's dividend yield for the trailing twelve months is around 3.60%, more than SPYQ's 0.19% yield.

	TTM	2025	2024	2023
RINC AXS Real Estate Income ETF	3.60%	6.04%	10.85%	3.88%
SPYQ Tradr 2X Long SPY Quarterly ETF	0.19%	0.17%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	RINC	SPYQ	Difference
Max Drawdown Largest peak-to-trough decline	—	-35.88%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-23.97%	—
Current Drawdown Current decline from peak	—	-13.59%	—
Average Drawdown Average peak-to-trough decline	—	-5.22%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.27%	—

Volatility

Volatility by Period

	RINC	SPYQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	11.17%	—
Volatility (6M) Calculated over the trailing 6-month period	—	19.39%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	38.66%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	35.80%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	35.80%	—