MIDE vs SPY
Xtrackers S&P MidCap 400 Scored & Screened ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, MIDE or SPY?
Mid Cap Blend against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. MIDE is less concentrated, with 11.1% of the fund in its ten largest positions against 37.8%.
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 | MIDE | SPY |
|---|---|---|
| Expense Ratio | 0.15% | 0.09%Best |
| AUM | $3M | $804.7B |
| Dividend Yield | 1.26% | 0.98% |
| Holdings | 272 | 505 |
| YTD Return | +11.00% | +12.22%Best |
| 1Y Return | +15.40% | +16.97%Best |
| 3Y Return (annualized) | +14.51% | +21.16%Best |
| 5Y Return (annualized) | +8.27% | +13.00%Best |
| Volatility (annualized) | 17.8% | 15.2%Best |
| Max Drawdown | -24.6% | -24.5%Best |
| $10,000 over 5 years | $14,878 | $18,424Best |
| Top 10 Weight | 11.1%Best | 37.8% |
| Fund Family | Xtrackers ETFs | State Street Investment Management |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Blend |
| Inception | Feb 23, 2021 | Jan 22, 1993 |
Volatility and max drawdown are measured over the window both funds cover: Feb 24, 2021 to Sep 17, 2026 (5.6 years).
MIDE 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 5.6 years both funds cover.
MIDE vs SPY Performance
Xtrackers S&P MidCap 400 Scored & Screened ETF (MIDE) is an ETF from Xtrackers ETFs and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year MIDE returned +15.40% while SPY returned +16.97%. Year to date, MIDE is up 11.00% versus a gain of 12.22% for SPY.
Over three years, MIDE compounded at +14.51% per year against +21.16% for SPY; over five years the annualized figures are +8.27% and +13.00% respectively. Across the full 6-year window we track, SPY has the edge at +14.24% annualized vs +8.34%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MIDE has been the more volatile fund, with annualized monthly volatility of 17.8% compared with 15.2% 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 -24.6% for MIDE 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 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
MIDE charges 0.15% per year while SPY charges 0.09%. On a $10,000 position that is $15 vs $9 annually, a gap of $6 per year that compounds over a long holding period. On income, MIDE currently yields 1.26% against 0.98% for SPY.
Holdings Overlap
We hold position weights for 269 holdings in MIDE and 504 in SPY, totalling 98.7% 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 269 positions we hold weights for in MIDE and 504 in SPY, against full books of 272 and 505.
What only one of them owns
Our book lists 497 positions for SPY that do not appear in our book for MIDE (99.3% of the fund), and 266 for MIDE that do not appear in SPY (95.8%).
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.
You are not choosing between two funds in isolation.
Whichever of MIDE 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, MIDE or SPY?
MIDE has an expense ratio of 0.15% while SPY charges 0.09%. SPY is the cheaper option, by $6 a year on a $10,000 investment.
Which performed better, MIDE or SPY?
Over the past year MIDE returned +15.40% vs +16.97% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (6 years), MIDE annualized +8.34% vs +14.24% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MIDE or SPY?
MIDE has been the more volatile fund at 17.8% annualized versus 15.2% for SPY. Worst drawdown: MIDE -24.6% vs SPY -24.5%.
Should I hold both MIDE and SPY?
MIDE and SPY have a monthly-return correlation of 0.86, 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, MIDE or SPY?
MIDE yields 1.26% while SPY yields 0.98%, so MIDE currently pays the higher dividend yield.
Is SPY better than MIDE?
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. MIDE is less concentrated, with 11.1% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.