MVFG vs SPY
Monarch Volume Factor Global Unconstrained Index ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, MVFG or SPY?
Large Cap Value against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y and the full window. SPY is less concentrated, with 38.2% of the fund in its ten largest positions against 44.6%.
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 | MVFG | SPY |
|---|---|---|
| Expense Ratio | 1.41% | 0.09%Best |
| AUM | $184M | $823.2B |
| Dividend Yield | 1.75% | 0.99% |
| Holdings | 24 | 1,515 |
| YTD Return | +5.82% | +13.53%Best |
| 1Y Return | +5.17% | +17.47%Best |
| 3Y Return (annualized) | - | +22.36% |
| 5Y Return (annualized) | - | +13.21% |
| Volatility (annualized) | 13.0% | 11.9%Best |
| Max Drawdown | -15.3%Best | -18.8% |
| $10,000 over 2.6 years | $13,899 | $15,429Best |
| Top 10 Weight | 44.6% | 38.2%Best |
| Fund Family | Monarch Funds | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Feb 12, 2024 | Jan 22, 1993 |
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Mar 7, 2024 to Oct 14, 2026 (2.6 years).
MVFG 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 2.6 years both funds cover.
MVFG vs SPY Performance
Monarch Volume Factor Global Unconstrained Index ETF (MVFG) is an ETF from Monarch Funds and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year MVFG returned +5.17% while SPY returned +17.47%. Year to date, MVFG is up 5.82% versus a gain of 13.53% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MVFG has been the more volatile fund, with annualized monthly volatility of 13.0% compared with 11.9% 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 -15.3% for MVFG and -18.8% 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 0.69. They move together some of the time, and apart the rest.
Fees and Cost Over Time
MVFG charges 1.41% per year while SPY charges 0.09%. On a $10,000 position that is $141 vs $9 annually, a gap of $132 per year that compounds over a long holding period. On income, MVFG currently yields 1.75% against 0.99% for SPY.
Holdings Overlap
We hold position weights for 24 holdings in MVFG and 504 in SPY, totalling 99.7% and 99.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 24 positions we hold weights for in MVFG and 504 in SPY, against full books of 24 and 1,515.
What only one of them owns
Measured across the 24 and 504 positions we hold weights for.
SPY holds 496 positions MVFG does not, 99.1% of the fund.
Largest: NVDA 7.78%, AAPL 7.45%, MSFT 5.71%, AMZN 3.78%, GOOGL 3.12%
You are not choosing between two funds in isolation.
Whichever of MVFG 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, MVFG or SPY?
MVFG has an expense ratio of 1.41% while SPY charges 0.09%. SPY is the cheaper option, by $132 a year on a $10,000 investment.
Which performed better, MVFG or SPY?
Over the past year MVFG returned +5.17% vs +17.47% for SPY, so SPY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MVFG or SPY?
MVFG has been the more volatile fund at 13.0% annualized versus 11.9% for SPY. Worst drawdown: MVFG -15.3% vs SPY -18.8%.
Should I hold both MVFG and SPY?
MVFG and SPY have a monthly-return correlation of 0.69, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, MVFG or SPY?
MVFG yields 1.75% while SPY yields 0.99%, so MVFG currently pays the higher dividend yield.
Is SPY better than MVFG?
SPY has a lower expense ratio. SPY led over 1Y and the full window. SPY is less concentrated, with 38.2% of the fund in its ten largest positions against 44.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.