MAMB vs SPY
MAMB vs SPY
Monarch Ambassador Income Index 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 | MAMB | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 1.26% | 0.09% | |
| AUM | $192M | $789.1B | |
| Dividend Yield | 2.66% | 1.01% | |
| Holdings | 10 | 505 | |
| YTD Return | +0.13% | +13.79% | |
| 1Y Return | +4.54% | +23.66% | |
| 3Y Return (annualized) | +5.27% | +21.40% | |
| 5Y Return (annualized) | +0.42% | +13.37% | |
| Volatility (annualized) | 7.0% | 15.3% | |
| Max Drawdown | -19.3% | -56.5% | |
| Fund Family | Monarch Funds | State Street Investment Management | |
| Category | Fixed Income | Equity | |
| Inception | Mar 23, 2021 | Jan 22, 1993 |
MAMB vs SPY Performance
Monarch Ambassador Income Index ETF (MAMB) is a ETF from Monarch Funds and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year MAMB returned +4.54% while SPY returned +23.66%. Year to date, MAMB is up 0.13% versus a gain of 13.79% for SPY.
Over three years, MAMB compounded at +5.27% per year against +21.40% for SPY; over five years the annualized figures are +0.42% and +13.37% respectively. Across the full 5-year window we track, SPY has the edge at +8.85% annualized vs +0.71%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 7.0% for MAMB. 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 -19.3% for MAMB 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 0.63. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
MAMB charges 1.26% per year while SPY charges 0.09%. On a $10,000 position that is $126 vs $9 annually, a gap of $117 per year that compounds over a long holding period. On income, MAMB currently yields 2.66% against 1.01% for SPY.
Holdings Overlap
MAMB and SPY share 0 holdings out of 510 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, MAMB or SPY?
MAMB has an expense ratio of 1.26% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $117 per year of difference.
Which performed better, MAMB or SPY?
Over the past year MAMB returned +4.54% vs +23.66% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (5 years), MAMB annualized +0.71% vs +8.85% for SPY. Past performance does not guarantee future results.
Which is riskier, MAMB or SPY?
SPY has been the more volatile fund at 15.3% annualized versus 7.0% for MAMB. Worst drawdown: MAMB -19.3% vs SPY -56.5%.
Should I hold both MAMB and SPY?
MAMB and SPY have a monthly-return correlation of 0.63, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MAMB and SPY?
MAMB and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 510 unique securities.
Which pays a higher dividend, MAMB or SPY?
MAMB yields 2.66% while SPY yields 1.01%, so MAMB currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.