MGIN vs SPY
Man Active Global Infrastructure ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, MGIN or SPY?
Mid Cap Growth against Large Cap Blend.
SPY has a lower expense ratio. MGIN is less concentrated, with 32.7% of the fund in its ten largest positions against 38.2%.
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 | MGIN | SPY |
|---|---|---|
| Expense Ratio | 0.75% | 0.09%Best |
| AUM | - | $823.2B |
| Dividend Yield | 0.00% | 0.99% |
| Holdings | 50 | 1,515 |
| YTD Return | -0.36% | +13.45%Best |
| 1Y Return | - | +15.80% |
| 3Y Return (annualized) | - | +23.85% |
| 5Y Return (annualized) | - | +12.69% |
| Top 10 Weight | 32.7%Best | 38.2% |
| Fund Family | Man Solutions LLC | State Street Investment Management |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Blend |
| Inception | Sep 23, 2026 | Jan 22, 1993 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
MGIN 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
MGIN vs SPY Performance
Man Active Global Infrastructure ETF (MGIN) is an ETF from Man Solutions LLC and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Year to date, MGIN is down 0.36% versus a gain of 13.45% for SPY.
Past performance does not guarantee future results.
Fees and Cost Over Time
MGIN 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, MGIN currently yields 0.00% against 0.99% for SPY.
Holdings Overlap
24.9% of MGIN's money is in holdings SPY also owns. 1.3% of SPY's money is in holdings MGIN also owns.
MGIN and SPY share little of their money.
13 positions in common, counted across the 50 positions we hold weights for in MGIN and 504 in SPY, against full books of 50 and 1,515.
What only one of them owns
Our book lists 484 positions for SPY that do not appear in our book for MGIN (97.9% of the fund), and 20 for MGIN that do not appear in SPY (31.9%).
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 MGIN | Weight in SPY | Difference |
|---|---|---|---|
| WMBWilliams Cos. Inc. | 3.07% | 0.13% | 2.94% |
| PSAPublic Storage | 2.93% | 0.07% | 2.86% |
| VZVerizon Communic | 2.67% | 0.33% | 2.34% |
| VTRVentas Inc . | 2.86% | 0.07% | 2.79% |
| PLDPrologis Inc | 1.93% | 0.19% | 1.74% |
| TRGPTarga Resources Corp Preferred | 2.02% | 0.09% | 1.93% |
| DOCHealthpeak Properties Inc | 1.81% | 0.02% | 1.79% |
| EXRExtra Space Storage Inc | 1.47% | 0.04% | 1.43% |
| KMIKinder Morgan Inc./de | 1.29% | 0.09% | 1.20% |
| OKEOneok | 1.25% | 0.09% | 1.16% |
24.9% of MGIN 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, MGIN or SPY?
MGIN has an expense ratio of 0.75% while SPY charges 0.09%. SPY is the cheaper option, by $66 a year on a $10,000 investment.
What is the holdings overlap between MGIN and SPY?
24.9% of MGIN's money is in holdings SPY also owns. 1.3% of SPY's is in holdings MGIN also owns. They hold 13 positions in common, counted across the 50 positions we hold weights for in MGIN and 504 in SPY.
Which pays a higher dividend, MGIN or SPY?
MGIN yields 0.00% while SPY yields 0.99%, so SPY currently pays the higher dividend yield.
Is SPY better than MGIN?
SPY has a lower expense ratio. MGIN is less concentrated, with 32.7% of the fund in its ten largest positions against 38.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.