MRVU vs SPY
Direxion Daily MRVL Bull 2X 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 | MRVU | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.97% | 0.09% | |
| AUM | $121M | $821.1B | |
| Dividend Yield | 0.49% | 1.01% | |
| Holdings | 11 | 505 | |
| YTD Return | +413.85% | +13.17% | |
| 1Y Return | - | +21.53% | |
| 3Y Return (annualized) | - | +22.06% | |
| 5Y Return (annualized) | - | +13.35% | |
| Volatility (annualized) | - | 15.3% | |
| Max Drawdown | -78.6% | -56.5% | |
| Fund Family | Direxion Shares ETF Trust | State Street Investment Management | |
| Category | Alternative | Equity | |
| Inception | Feb 11, 2026 | Jan 22, 1993 |
MRVU vs SPY Performance
Direxion Daily MRVL Bull 2X ETF (MRVU) is a ETF from Direxion Shares ETF Trust and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, MRVU is up 413.85% versus a gain of 13.17% for SPY.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -78.6% for MRVU 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
MRVU charges 0.97% per year while SPY charges 0.09%. On a $10,000 position that is $97 vs $9 annually, a gap of $88 per year that compounds over a long holding period. On income, MRVU currently yields 0.49% against 1.01% for SPY.
Holdings Overlap
MRVU and SPY share 1 holdings out of 507 unique holdings combined, representing a 0.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in MRVU | Weight in SPY | Difference |
|---|---|---|---|
| MRVL | 16.20% | 0.29% | 15.91% |
Frequently Asked Questions
Which is cheaper, MRVU or SPY?
MRVU has an expense ratio of 0.97% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $88 per year of difference.
What is the holdings overlap between MRVU and SPY?
MRVU and SPY share 1 common holdings with a 0.3% weight overlap. Combined, they hold 507 unique securities.
Which pays a higher dividend, MRVU or SPY?
MRVU yields 0.49% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
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