MAVF vs SPY
Matrix Advisors Value ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. MAVF delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | MAVF | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.75% | 0.09% | |
| AUM | $91M | $789.1B | |
| Dividend Yield | 0.38% | 1.01% | |
| Holdings | 29 | 505 | |
| YTD Return | +15.95% | +13.39% | |
| 1Y Return | +28.25% | +22.52% | |
| 3Y Return (annualized) | - | +21.36% | |
| 5Y Return (annualized) | - | +13.19% | |
| Volatility (annualized) | 14.9% | 15.3% | |
| Max Drawdown | -16.4% | -56.5% | |
| Fund Family | Matrix Asset Advisors | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Sep 16, 1983 | Jan 22, 1993 |
MAVF vs SPY Performance
Matrix Advisors Value ETF (MAVF) is a ETF from Matrix Asset Advisors and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year MAVF returned +28.25% while SPY returned +22.52%. Year to date, MAVF is up 15.95% versus a gain of 13.39% for SPY.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 14.9% for MAVF. 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 -16.4% for MAVF and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
MAVF charges 0.75% per year while SPY charges 0.09%. On a $10,000 position that is $75 vs $9 annually, a gap of $66 per year that compounds over a long holding period. On income, MAVF currently yields 0.38% against 1.01% for SPY.
Holdings Overlap
MAVF and SPY share 7 holdings out of 503 unique holdings combined, representing a 16.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, MAVF or SPY?
MAVF has an expense ratio of 0.75% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $66 per year of difference.
Which performed better, MAVF or SPY?
Over the past year MAVF returned +28.25% vs +22.52% for SPY, so MAVF leads on 1-year performance. Over the longest common window we track (2 years), MAVF annualized +25.51% vs +8.84% for SPY. Past performance does not guarantee future results.
Which is riskier, MAVF or SPY?
SPY has been the more volatile fund at 15.3% annualized versus 14.9% for MAVF. Worst drawdown: MAVF -16.4% vs SPY -56.5%.
Should I hold both MAVF and SPY?
MAVF and SPY have a monthly-return correlation of 0.95, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between MAVF and SPY?
MAVF and SPY share 7 common holdings with a 16.0% weight overlap. Combined, they hold 503 unique securities.
Which pays a higher dividend, MAVF or SPY?
MAVF yields 0.38% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.