MLDR vs SPY
Global X Intermediate-Term Treasury Ladder ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, MLDR or SPY?
SPY has been ahead.
SPY has a lower expense ratio. SPY led over 1Y and the full window.
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 | MLDR | SPY |
|---|---|---|
| Expense Ratio | 0.12% | 0.09%Best |
| AUM | $9M | $804.7B |
| Dividend Yield | 3.87% | 0.98% |
| Holdings | 70 | 505 |
| YTD Return | -2.46% | +12.09%Best |
| 1Y Return | -1.62% | +16.29%Best |
| 3Y Return (annualized) | - | +21.20% |
| 5Y Return (annualized) | - | +13.37% |
| Volatility (annualized) | 3.9%Best | 12.7% |
| Max Drawdown | -4.5%Best | -18.8% |
| $10,000 over 2 years | $10,052 | $14,156Best |
| Fund Family | Global X by mirae Asset | State Street Investment Management |
| Category | Fixed Income | Equity |
| Style | - | Large Cap Blend |
| Inception | Sep 9, 2024 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Sep 10, 2024 to Sep 18, 2026 (2 years).
MLDR 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 2 years both funds cover.
MLDR vs SPY Performance
Global X Intermediate-Term Treasury Ladder ETF (MLDR) is an ETF from Global X by mirae Asset and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year MLDR returned -1.62% while SPY returned +16.29%. Year to date, MLDR is down 2.46% versus a gain of 12.09% 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 12.7% compared with 3.9% for MLDR. 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 -4.5% for MLDR and -18.8% 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 0.16. They move largely independently of each other.
Fees and Cost Over Time
MLDR charges 0.12% per year while SPY charges 0.09%. On a $10,000 position that is $12 vs $9 annually, a gap of $3 per year that compounds over a long holding period. On income, MLDR currently yields 3.87% against 0.98% for SPY.
You are not choosing between two funds in isolation.
Whichever of MLDR 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, MLDR or SPY?
MLDR has an expense ratio of 0.12% while SPY charges 0.09%. SPY is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, MLDR or SPY?
Over the past year MLDR returned -1.62% vs +16.29% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (2 years), MLDR annualized +0.26% vs +18.98% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MLDR or SPY?
SPY has been the more volatile fund at 12.7% annualized versus 3.9% for MLDR. Worst drawdown: MLDR -4.5% vs SPY -18.8%.
Should I hold both MLDR and SPY?
MLDR and SPY have a monthly-return correlation of 0.16, 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, MLDR or SPY?
MLDR yields 3.87% while SPY yields 0.98%, so MLDR currently pays the higher dividend yield.
Is SPY better than MLDR?
SPY has a lower expense ratio. SPY led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.