MUIB vs SPY
Direxion MU Defined Income Boost 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 | MUIB | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.97% | 0.09% | |
| AUM | $3M | $814.4B | |
| Dividend Yield | 0.00% | 1.01% | |
| Holdings | 3 | 505 | |
| YTD Return | +16.60% | +12.87% | |
| 1Y Return | - | +21.13% | |
| 3Y Return (annualized) | - | +20.86% | |
| 5Y Return (annualized) | - | +12.69% | |
| Volatility (annualized) | - | 15.3% | |
| Max Drawdown | -10.8% | -56.5% | |
| Fund Family | Direxion Shares ETF Trust | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Jul 22, 2026 | Jan 22, 1993 |
MUIB vs SPY Performance
Direxion MU Defined Income Boost ETF (MUIB) 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, MUIB is up 16.60% versus a gain of 12.87% for SPY.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -10.8% for MUIB 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
MUIB 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, MUIB currently yields 0.00% against 1.01% for SPY.
Holdings Overlap
MUIB and SPY share 1 holdings out of 506 unique holdings combined, representing a 1.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in MUIB | Weight in SPY | Difference |
|---|---|---|---|
| MU | 10.10% | 1.51% | 8.59% |
Frequently Asked Questions
Which is cheaper, MUIB or SPY?
MUIB 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 MUIB and SPY?
MUIB and SPY share 1 common holdings with a 1.5% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, MUIB or SPY?
MUIB yields 0.00% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
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