MAGA vs SPY
MAGA vs SPY
Truth Social America First ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | MAGA | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.72% | 0.09% | |
| AUM | $31M | $789.1B | |
| Dividend Yield | 1.48% | 1.01% | |
| Holdings | 151 | 505 | |
| YTD Return | +10.82% | +13.79% | |
| 1Y Return | +14.13% | +23.66% | |
| 3Y Return (annualized) | +13.88% | +21.40% | |
| 5Y Return (annualized) | +11.04% | +13.37% | |
| Volatility (annualized) | 19.1% | 15.3% | |
| Max Drawdown | -43.2% | -56.5% | |
| Fund Family | Truth Social Funds | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Sep 6, 2017 | Jan 22, 1993 |
MAGA vs SPY Performance
Truth Social America First ETF (MAGA) is a ETF from Truth Social Funds and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year MAGA returned +14.13% while SPY returned +23.66%. Year to date, MAGA is up 10.82% versus a gain of 13.79% for SPY.
Over three years, MAGA compounded at +13.88% per year against +21.40% for SPY; over five years the annualized figures are +11.04% and +13.37% respectively. Across the full 9-year window we track, MAGA has the edge at +11.47% annualized vs +8.85%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MAGA has been the more volatile fund, with annualized monthly volatility of 19.1% compared with 15.3% 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 -43.2% for MAGA and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
MAGA charges 0.72% per year while SPY charges 0.09%. On a $10,000 position that is $72 vs $9 annually, a gap of $63 per year that compounds over a long holding period. On income, MAGA currently yields 1.48% against 1.01% for SPY.
Holdings Overlap
MAGA and SPY share 129 holdings out of 524 unique holdings combined, representing a 16.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in MAGA | Weight in SPY | Difference |
|---|---|---|---|
| TSLA | 0.72% | 1.82% | 1.10% |
| LLY | 0.71% | 1.46% | 0.75% |
| BRK.B | 0.69% | 1.43% | 0.74% |
| XOM | Pro | Pro | Pro |
| WMT | Pro | Pro | Pro |
| DVN | Pro | Pro | Pro |
| CAT | Pro | Pro | Pro |
| BAC | Pro | Pro | Pro |
| GS | Pro | Pro | Pro |
| HD | Pro | Pro | Pro |
See all 10 holdings MAGA shares with SPY Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, MAGA or SPY?
MAGA has an expense ratio of 0.72% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $63 per year of difference.
Which performed better, MAGA or SPY?
Over the past year MAGA returned +14.13% vs +23.66% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (9 years), MAGA annualized +11.47% vs +8.85% for SPY. Past performance does not guarantee future results.
Which is riskier, MAGA or SPY?
MAGA has been the more volatile fund at 19.1% annualized versus 15.3% for SPY. Worst drawdown: MAGA -43.2% vs SPY -56.5%.
Should I hold both MAGA and SPY?
MAGA and SPY have a monthly-return correlation of 0.86, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MAGA and SPY?
MAGA and SPY share 129 common holdings with a 16.4% weight overlap. Combined, they hold 524 unique securities.
Which pays a higher dividend, MAGA or SPY?
MAGA yields 1.48% while SPY yields 1.01%, so MAGA currently pays the higher dividend yield.
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