MIVL vs SPY
MFS Active International Value 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 | MIVL | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.57% | 0.09% | |
| AUM | $25M | $821.1B | |
| Dividend Yield | 0.00% | 1.01% | |
| Holdings | 66 | 505 | |
| YTD Return | +5.58% | +12.68% | |
| 1Y Return | - | +21.82% | |
| 3Y Return (annualized) | - | +21.98% | |
| 5Y Return (annualized) | - | +12.89% | |
| Volatility (annualized) | - | 15.3% | |
| Max Drawdown | -2.5% | -56.5% | |
| Fund Family | MFS Investment Management | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Jun 4, 2026 | Jan 22, 1993 |
MIVL vs SPY Performance
MFS Active International Value ETF (MIVL) is a ETF from MFS Investment Management and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, MIVL is up 5.58% versus a gain of 12.68% for SPY.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -2.5% for MIVL 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
MIVL charges 0.57% per year while SPY charges 0.09%. On a $10,000 position that is $57 vs $9 annually, a gap of $48 per year that compounds over a long holding period. On income, MIVL currently yields 0.00% against 1.01% for SPY.
Holdings Overlap
MIVL and SPY share 2 holdings out of 561 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, MIVL or SPY?
MIVL has an expense ratio of 0.57% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $48 per year of difference.
What is the holdings overlap between MIVL and SPY?
MIVL and SPY share 2 common holdings with a 0.1% weight overlap. Combined, they hold 561 unique securities.
Which pays a higher dividend, MIVL or SPY?
MIVL yields 0.00% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.