SPY vs TMFX
State Street SPDR S&P 500 ETF Trust vs Motley Fool Next Index ETF
Which is better, SPY or TMFX?
Large Cap Blend against Mid Cap Growth.
SPY has a lower expense ratio. SPY led over 1Y, 3Y and the full window. TMFX is less concentrated, with 17.7% of the fund in its ten largest positions against 37.8%.
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 | SPY | TMFX |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.50% |
| AUM | $804.7B | $35M |
| Dividend Yield | 0.98% | 0.04% |
| Holdings | 505 | 200 |
| YTD Return | +13.82%Best | +10.27% |
| 1Y Return | +16.96%Best | +8.94% |
| 3Y Return (annualized) | +22.97%Best | +17.79% |
| 5Y Return (annualized) | +13.73% | - |
| Volatility (annualized) | 15.7%Best | 20.3% |
| Max Drawdown | -24.5%Best | -34.3% |
| $10,000 over 4.7 years | $17,264Best | $12,057 |
| Top 10 Weight | 37.8% | 17.7%Best |
| Fund Family | State Street Investment Management | Motley Fool Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Mid Cap Growth |
| Inception | Jan 22, 1993 | Dec 30, 2021 |
Volatility and max drawdown, and the $10,000 over 4.7 years row, are measured over the window both funds cover: Dec 31, 2021 to Sep 21, 2026 (4.7 years).
SPY vs TMFX 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 4.7 years both funds cover.
SPY vs TMFX Performance
State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and Motley Fool Next Index ETF (TMFX) is an ETF from Motley Fool Asset Management. Over the past year SPY returned +16.96% while TMFX returned +8.94%. Year to date, SPY is up 13.82% versus a gain of 10.27% for TMFX.
Over three years, SPY compounded at +22.97% per year against +17.79% for TMFX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TMFX has been the more volatile fund, with annualized monthly volatility of 20.3% compared with 15.7% for SPY. 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 -24.5% for SPY and -34.3% for TMFX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SPY charges 0.09% per year while TMFX charges 0.50%. On a $10,000 position that is $9 vs $50 annually, a gap of $41 per year that compounds over a long holding period. On income, SPY currently yields 0.98% against 0.04% for TMFX.
Holdings Overlap
1.3% of SPY's money is in holdings TMFX also owns. 40.5% of TMFX's money is in holdings SPY also owns.
The two portfolios partly overlap.
38 positions in common, counted across the 504 positions we hold weights for in SPY and 197 in TMFX, against full books of 505 and 200.
What only one of them owns
Measured across the 504 and 197 positions we hold weights for.
SPY holds 459 positions TMFX does not, 98.0% of the fund.
Largest: NVDA 8.01%, AAPL 7.26%, MSFT 5.66%, AMZN 3.79%, GOOGL 2.99%
Top Shared Holdings
| Stock | Weight in SPY | Weight in TMFX | Difference |
|---|---|---|---|
| MRNAModerna therapeutics | 0.08% | 2.86% | 2.78% |
| WDAYWorkday, Inc., Class A | 0.06% | 2.27% | 2.21% |
| VEEVVeeva Systems Inc | 0.06% | 1.99% | 1.93% |
| DXCMDexcom Inc. | 0.05% | 1.61% | 1.56% |
| EQTEQT Corp. | 0.05% | 1.57% | 1.52% |
| CTSHCognizant Technology Solutions Corp. Class A | 0.05% | 1.52% | 1.47% |
| BIIBBiogen Inc. Com | 0.05% | 1.48% | 1.43% |
| RMDResmed Inc. | 0.05% | 1.48% | 1.43% |
| CBOECboe Global Market | 0.05% | 1.45% | 1.40% |
| GEHCGe Healthcare Technologies Inc | 0.05% | 1.41% | 1.36% |
40.5% of TMFX is already inside SPY.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SPY or TMFX?
SPY has an expense ratio of 0.09% while TMFX charges 0.50%. SPY is the cheaper option, by $41 a year on a $10,000 investment.
Which performed better, SPY or TMFX?
Over the past year SPY returned +16.96% vs +8.94% for TMFX, so SPY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SPY or TMFX?
TMFX has been the more volatile fund at 20.3% annualized versus 15.7% for SPY. Worst drawdown: SPY -24.5% vs TMFX -34.3%.
Should I hold both SPY and TMFX?
SPY and TMFX have a monthly-return correlation of 0.89, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between SPY and TMFX?
40.5% of TMFX's money is in holdings SPY also owns. 40.5% of TMFX's is in holdings SPY also owns. They hold 38 positions in common, counted across the 504 positions we hold weights for in SPY and 197 in TMFX.
Which pays a higher dividend, SPY or TMFX?
SPY yields 0.98% while TMFX yields 0.04%, so SPY currently pays the higher dividend yield.
Is TMFX better than SPY?
SPY has a lower expense ratio. SPY led over 1Y, 3Y and the full window. TMFX is less concentrated, with 17.7% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.