MIGO vs SPY
MIG Core ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | MIGO | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.45% | 0.09% | |
| AUM | $784M | $821.1B | |
| Dividend Yield | - | 1.01% | |
| Holdings | 49 | 505 | |
| YTD Return | +20.48% | +12.22% | |
| 1Y Return | - | +20.83% | |
| 3Y Return (annualized) | - | +21.70% | |
| 5Y Return (annualized) | - | +12.98% | |
| Volatility (annualized) | - | 15.3% | |
| Max Drawdown | -13.4% | -56.5% | |
| Fund Family | MIG Capital, LLC | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Feb 20, 2026 | Jan 22, 1993 |
MIGO vs SPY Performance
MIG Core ETF (MIGO) is a ETF from MIG Capital, LLC and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, MIGO is up 20.48% versus a gain of 12.22% for SPY.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -13.4% for MIGO and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
MIGO charges 0.45% per year while SPY charges 0.09%. On a $10,000 position that is $45 vs $9 annually, a gap of $36 per year that compounds over a long holding period.
Holdings Overlap
MIGO and SPY share 20 holdings out of 526 unique holdings combined, representing a 21.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, MIGO or SPY?
MIGO has an expense ratio of 0.45% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $36 per year of difference.
What is the holdings overlap between MIGO and SPY?
MIGO and SPY share 20 common holdings with a 21.5% weight overlap. Combined, they hold 526 unique securities.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.