SPYY.L vs. CEGI.L

Last updated Apr 1, 2026

Compare and contrast key facts about IncomeShares S&P500 Options (0DTE) ETP (SPYY.L) and REX Crypto Equity Income & Growth UCITS ETF Distributing (CEGI.L).

SPYY.L and CEGI.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPYY.L is an actively managed fund by Leverage Shares. It was launched on Aug 27, 2024. CEGI.L is an actively managed fund by REX. It was launched on Jun 30, 2025.

Performance

SPYY.L vs. CEGI.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in IncomeShares S&P500 Options (0DTE) ETP (SPYY.L) and REX Crypto Equity Income & Growth UCITS ETF Distributing (CEGI.L). The values are adjusted to include any dividend payments, if applicable.

SPYY.L vs. CEGI.L - Yearly Performance Comparison

	2026 (YTD)	2025
SPYY.L IncomeShares S&P500 Options (0DTE) ETP	-10.77%	11.52%
CEGI.L REX Crypto Equity Income & Growth UCITS ETF Distributing	-10.89%	18.20%

Returns By Period

The year-to-date returns for both stocks are quite close, with SPYY.L having a -10.77% return and CEGI.L slightly lower at -10.89%.

SPYY.L

• 1D: -0.85%
• 1M: -7.50%
• YTD: -10.77%
• 6M: -6.81%
• 1Y: 7.12%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CEGI.L

• 1D: -0.74%
• 1M: -8.63%
• YTD: -10.89%
• 6M: -16.71%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SPYY.L vs. CEGI.L - Expense Ratio Comparison

SPYY.L has a 0.45% expense ratio, which is lower than CEGI.L's 0.65% expense ratio.

CEGI.L

REX Crypto Equity Income & Growth UCITS ETF Distributing

SPYY.L

IncomeShares S&P500 Options (0DTE) ETP

Return for Risk

SPYY.L vs. CEGI.L — Risk / Return Rank

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

SPYY.L

SPYY.L Risk / Return Rank: 26
SPYY.L Sharpe Ratio Rank: 28
SPYY.L Sortino Ratio Rank: 26
SPYY.L Omega Ratio Rank: 30
SPYY.L Calmar Ratio Rank: 23
SPYY.L Martin Ratio Rank: 23

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.

SPYY.L vs. CEGI.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IncomeShares S&P500 Options (0DTE) ETP (SPYY.L) and REX Crypto Equity Income & Growth UCITS ETF Distributing (CEGI.L). 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.

	SPYY.L	CEGI.L	Difference
Sharpe ratio Return per unit of total volatility	0.49	—	—
Sortino ratio Return per unit of downside risk	0.70	—	—
Omega ratio Gain probability vs. loss probability	1.12	—	—
Calmar ratio Return relative to maximum drawdown	0.46	—	—
Martin ratio Return relative to average drawdown	1.43	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	SPYY.L	CEGI.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.49	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.06	0.21	-0.27

Correlation

The correlation between SPYY.L and CEGI.L is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

SPYY.L vs. CEGI.L - Dividend Comparison

SPYY.L's dividend yield for the trailing twelve months is around 72.85%, more than CEGI.L's 15.25% yield.

	TTM	2025	2024
SPYY.L IncomeShares S&P500 Options (0DTE) ETP	72.85%	82.07%	2.84%
CEGI.L REX Crypto Equity Income & Growth UCITS ETF Distributing	15.25%	9.50%	0.00%

Drawdowns

SPYY.L vs. CEGI.L - Drawdown Comparison

The maximum SPYY.L drawdown since its inception was -17.71%, smaller than the maximum CEGI.L drawdown of -27.98%. Use the drawdown chart below to compare losses from any high point for SPYY.L and CEGI.L.

Drawdown Indicators

	SPYY.L	CEGI.L	Difference
Max Drawdown Largest peak-to-trough decline	-17.71%	-27.98%	+10.27%
Max Drawdown (1Y) Largest decline over 1 year	-11.78%	—	—
Current Drawdown Current decline from peak	-11.75%	-27.98%	+16.23%
Average Drawdown Average peak-to-trough decline	-4.43%	-10.36%	+5.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.79%	—	—

Volatility

Volatility by Period

	SPYY.L	CEGI.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.69%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.40%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.58%	33.47%	-18.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.40%	33.47%	-19.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.40%	33.47%	-19.07%