MFUL vs SPY
Mindful Conservative ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, MFUL or SPY?
Allocation/Balanced against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y, 3Y and the full window. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 76.1%.
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 | MFUL | SPY |
|---|---|---|
| Expense Ratio | 1.48% | 0.09%Best |
| AUM | $7M | $804.7B |
| Dividend Yield | 2.39% | 0.98% |
| Holdings | 17 | 505 |
| YTD Return | +2.68% | +11.97%Best |
| 1Y Return | +3.04% | +16.40%Best |
| 3Y Return (annualized) | +5.03% | +21.10%Best |
| 5Y Return (annualized) | - | +12.88% |
| Volatility (annualized) | 4.9%Best | 15.7% |
| Max Drawdown | -16.4%Best | -24.5% |
| $10,000 over 4.9 years | $9,966 | $17,539Best |
| Top 10 Weight | 76.1% | 37.8%Best |
| Fund Family | Mohr Funds | State Street Investment Management |
| Category | Allocation/Balanced | Equity |
| Style | Allocation/Balanced | Large Cap Blend |
| Inception | Nov 2, 2021 | Jan 22, 1993 |
Volatility and max drawdown, and the $10,000 over 4.9 years row, are measured over the window both funds cover: Nov 3, 2021 to Sep 14, 2026 (4.9 years).
MFUL 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 4.9 years both funds cover.
MFUL vs SPY Performance
Mindful Conservative ETF (MFUL) is an ETF from Mohr Funds and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year MFUL returned +3.04% while SPY returned +16.40%. Year to date, MFUL is up 2.68% versus a gain of 11.97% for SPY.
Over three years, MFUL compounded at +5.03% per year against +21.10% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.7% compared with 4.9% for MFUL. 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 MFUL and -24.5% 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 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
MFUL charges 1.48% per year while SPY charges 0.09%. On a $10,000 position that is $148 vs $9 annually, a gap of $139 per year that compounds over a long holding period. On income, MFUL currently yields 2.39% against 0.98% for SPY.
Holdings Overlap
We hold position weights for 16 holdings in MFUL and 504 in SPY, totalling 100.0% and 99.9% 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 16 positions we hold weights for in MFUL and 504 in SPY, against full books of 17 and 505.
What only one of them owns
Measured across the 16 and 504 positions we hold weights for.
SPY holds 497 positions MFUL does not, 99.3% of the fund.
Largest: NVDA 8.01%, AAPL 7.26%, MSFT 5.66%, AMZN 3.79%, GOOGL 2.99%
You are not choosing between two funds in isolation.
Whichever of MFUL 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, MFUL or SPY?
MFUL has an expense ratio of 1.48% while SPY charges 0.09%. SPY is the cheaper option, by $139 a year on a $10,000 investment.
Which performed better, MFUL or SPY?
Over the past year MFUL returned +3.04% vs +16.40% 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, MFUL or SPY?
SPY has been the more volatile fund at 15.7% annualized versus 4.9% for MFUL. Worst drawdown: MFUL -16.4% vs SPY -24.5%.
Should I hold both MFUL and SPY?
MFUL and SPY have a monthly-return correlation of 0.72, 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, MFUL or SPY?
MFUL yields 2.39% while SPY yields 0.98%, so MFUL currently pays the higher dividend yield.
Is SPY better than MFUL?
SPY has a lower expense ratio. SPY led over 1Y, 3Y and the full window. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 76.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.