MIVL vs SPY
MFS Active International Value ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, MIVL or SPY?
Large Cap Value against Large Cap Blend.
SPY has a lower expense ratio. MIVL is less concentrated, with 29.8% of the fund in its ten largest positions against 38.2%.
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 | MIVL | SPY |
|---|---|---|
| Expense Ratio | 0.57% | 0.09%Best |
| AUM | $22M | $823.2B |
| Dividend Yield | 0.00% | 0.99% |
| Holdings | 66 | 1,515 |
| YTD Return | -0.13% | +13.53%Best |
| 1Y Return | - | +17.47% |
| 3Y Return (annualized) | - | +22.36% |
| 5Y Return (annualized) | - | +13.21% |
| Top 10 Weight | 29.8%Best | 38.2% |
| Fund Family | MFS Investment Management | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Jun 4, 2026 | Jan 22, 1993 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
MIVL vs SPY 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
MIVL vs SPY Performance
MFS Active International Value ETF (MIVL) is an ETF from MFS Investment Management and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Year to date, MIVL is down 0.13% versus a gain of 13.53% for SPY.
Past performance does not guarantee future results.
Fees and Cost Over Time
MIVL charges 0.57% per year while SPY charges 0.09%. On a $10,000 position that is $57 vs $9 annually, a gap of $48 per year that compounds over a long holding period. On income, MIVL currently yields 0.00% against 0.99% for SPY.
Holdings Overlap
3.1% of MIVL's money is in holdings SPY also owns. 0.1% of SPY's money is in holdings MIVL also owns.
MIVL and SPY share little of their money.
3 positions in common, counted across the 62 positions we hold weights for in MIVL and 504 in SPY, against full books of 66 and 1,515.
What only one of them owns
Our book lists 494 positions for SPY that do not appear in our book for MIVL (99.0% of the fund), and 2 for MIVL that do not appear in SPY (1.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of MIVL and SPY 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 is cheaper, MIVL or SPY?
MIVL has an expense ratio of 0.57% while SPY charges 0.09%. SPY is the cheaper option, by $48 a year on a $10,000 investment.
What is the holdings overlap between MIVL and SPY?
3.1% of MIVL's money is in holdings SPY also owns. 0.1% of SPY's is in holdings MIVL also owns. They hold 3 positions in common, counted across the 62 positions we hold weights for in MIVL and 504 in SPY.
Which pays a higher dividend, MIVL or SPY?
MIVL yields 0.00% while SPY yields 0.99%, so SPY currently pays the higher dividend yield.
Is SPY better than MIVL?
SPY has a lower expense ratio. MIVL is less concentrated, with 29.8% of the fund in its ten largest positions against 38.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.