MPLY vs SPY
Strategy Shares Monopoly ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, MPLY or SPY?
Mid Cap Growth against Large Cap Blend.
SPY has a lower expense ratio. MPLY led over the full window, SPY over 1Y. The two have moved almost in lockstep, correlation 0.96. SPY is less concentrated, with 38.2% of the fund in its ten largest positions against 64.5%.
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 | MPLY | SPY |
|---|---|---|
| Expense Ratio | 0.79% | 0.09%Best |
| AUM | $19M | $823.2B |
| Dividend Yield | 0.00% | 0.99% |
| Holdings | 200 | 1,515 |
| YTD Return | +9.86% | +13.53%Best |
| 1Y Return | +12.98% | +17.47%Best |
| 3Y Return (annualized) | - | +22.36% |
| 5Y Return (annualized) | - | +13.21% |
| Volatility (annualized) | 16.2% | 11.6%Best |
| Max Drawdown | -13.6% | -8.9%Best |
| $10,000 over 1.4 years | $13,151Best | $13,134 |
| Top 10 Weight | 64.5% | 38.2%Best |
| Fund Family | STRATEGY SHARES | State Street Investment Management |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Blend |
| Inception | May 15, 2025 | Jan 22, 1993 |
Volatility and max drawdown, and the $10,000 over 1.4 years row, are measured over the window both funds cover: May 16, 2025 to Oct 14, 2026 (1.4 years).
MPLY 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 covers the 1.4 years both funds cover.
MPLY vs SPY Performance
Strategy Shares Monopoly ETF (MPLY) is an ETF from STRATEGY SHARES and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year MPLY returned +12.98% while SPY returned +17.47%. Year to date, MPLY is up 9.86% versus a gain of 13.53% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MPLY has been the more volatile fund, with annualized monthly volatility of 16.2% compared with 11.6% for SPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -13.6% for MPLY and -8.9% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
MPLY charges 0.79% per year while SPY charges 0.09%. On a $10,000 position that is $79 vs $9 annually, a gap of $70 per year that compounds over a long holding period. On income, MPLY currently yields 0.00% against 0.99% for SPY.
Holdings Overlap
87.5% of MPLY's money is in holdings SPY also owns. 53.0% of SPY's money is in holdings MPLY also owns.
Most of MPLY is already inside SPY. Owning both mostly buys the same companies twice.
92 positions in common, counted across the 100 positions we hold weights for in MPLY and 504 in SPY, against full books of 200 and 1,515.
What only one of them owns
Our book lists 404 positions for SPY that do not appear in our book for MPLY (46.0% of the fund), and 5 for MPLY that do not appear in SPY (5.0%).
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.
Top Shared Holdings
| Stock | Weight in MPLY | Weight in SPY | Difference |
|---|---|---|---|
| NVDANvidia Corp | 10.94% | 7.78% | 3.16% |
| AAPLApple, Inc | 8.92% | 7.45% | 1.47% |
| MSFTMicrosoft Corp | 8.34% | 5.71% | 2.63% |
| GOOGAlphabet Inc. C | 8.97% | 2.49% | 6.48% |
| AMZNAmazon.Com Inc | 5.85% | 3.78% | 2.07% |
| METAMeta Platforms Inc | 4.22% | 2.22% | 2.00% |
| AVGOBroadcom Inc | 3.71% | 2.48% | 1.23% |
| TSLATesla Inc | 3.37% | 1.54% | 1.83% |
| LLYEli Lilly & Co. | 2.43% | 1.37% | 1.06% |
| AMDAdvanced Micro Devices Inc | 2.46% | 1.22% | 1.24% |
87.5% of MPLY is already inside SPY.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, MPLY or SPY?
MPLY has an expense ratio of 0.79% while SPY charges 0.09%. SPY is the cheaper option, by $70 a year on a $10,000 investment.
Which performed better, MPLY or SPY?
Over the past year MPLY returned +12.98% vs +17.47% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (1 years), MPLY annualized +21.61% vs +21.50% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MPLY or SPY?
MPLY has been the more volatile fund at 16.2% annualized versus 11.6% for SPY. Worst drawdown: MPLY -13.6% vs SPY -8.9%.
Should I hold both MPLY and SPY?
MPLY and SPY have a monthly-return correlation of 0.96, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between MPLY and SPY?
87.5% of MPLY's money is in holdings SPY also owns. 53.0% of SPY's is in holdings MPLY also owns. They hold 92 positions in common, counted across the 100 positions we hold weights for in MPLY and 504 in SPY.
Which pays a higher dividend, MPLY or SPY?
MPLY yields 0.00% while SPY yields 0.99%, so SPY currently pays the higher dividend yield.
Is SPY better than MPLY?
SPY has a lower expense ratio. MPLY led over the full window, SPY over 1Y. The two have moved almost in lockstep, correlation 0.96. SPY is less concentrated, with 38.2% of the fund in its ten largest positions against 64.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.