MBCC vs SPY
Monarch Blue Chips Core Index ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | MBCC | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 1.14% | 0.09% | |
| AUM | $184M | $789.1B | |
| Dividend Yield | 0.35% | 1.01% | |
| Holdings | 26 | 505 | |
| YTD Return | +7.90% | +13.39% | |
| 1Y Return | +13.18% | +22.52% | |
| 3Y Return (annualized) | +15.61% | +21.36% | |
| 5Y Return (annualized) | +8.49% | +13.19% | |
| Volatility (annualized) | 16.5% | 15.3% | |
| Max Drawdown | -30.6% | -56.5% | |
| Fund Family | Monarch Funds | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Mar 23, 2021 | Jan 22, 1993 |
MBCC vs SPY Performance
Monarch Blue Chips Core Index ETF (MBCC) is a ETF from Monarch Funds and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year MBCC returned +13.18% while SPY returned +22.52%. Year to date, MBCC is up 7.90% versus a gain of 13.39% for SPY.
Over three years, MBCC compounded at +15.61% per year against +21.36% for SPY; over five years the annualized figures are +8.49% and +13.19% respectively. Across the full 5-year window we track, MBCC has the edge at +9.79% annualized vs +8.84%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MBCC has been the more volatile fund, with annualized monthly volatility of 16.5% compared with 15.3% 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 -30.6% for MBCC 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
MBCC charges 1.14% per year while SPY charges 0.09%. On a $10,000 position that is $114 vs $9 annually, a gap of $105 per year that compounds over a long holding period. On income, MBCC currently yields 0.35% against 1.01% for SPY.
Holdings Overlap
MBCC and SPY share 24 holdings out of 503 unique holdings combined, representing a 30.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, MBCC or SPY?
MBCC has an expense ratio of 1.14% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $105 per year of difference.
Which performed better, MBCC or SPY?
Over the past year MBCC returned +13.18% vs +22.52% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (5 years), MBCC annualized +9.79% vs +8.84% for SPY. Past performance does not guarantee future results.
Which is riskier, MBCC or SPY?
MBCC has been the more volatile fund at 16.5% annualized versus 15.3% for SPY. Worst drawdown: MBCC -30.6% vs SPY -56.5%.
Should I hold both MBCC and SPY?
MBCC 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 MBCC and SPY?
MBCC and SPY share 24 common holdings with a 30.3% weight overlap. Combined, they hold 503 unique securities.
Which pays a higher dividend, MBCC or SPY?
MBCC yields 0.35% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
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