MBOX vs SPY
MBOX vs SPY
Freedom Day Dividend ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. MBOX delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | MBOX | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.39% | 0.09% | |
| AUM | $149M | $789.1B | |
| Dividend Yield | 1.92% | 1.01% | |
| Holdings | 50 | 505 | |
| YTD Return | +21.30% | +13.79% | |
| 1Y Return | +28.64% | +23.66% | |
| 3Y Return (annualized) | +18.42% | +21.40% | |
| 5Y Return (annualized) | +12.90% | +13.37% | |
| Volatility (annualized) | 14.3% | 15.3% | |
| Max Drawdown | -16.7% | -56.5% | |
| Fund Family | Freedom Day Dividend | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | May 4, 2021 | Jan 22, 1993 |
MBOX vs SPY Performance
Freedom Day Dividend ETF (MBOX) is a ETF from Freedom Day Dividend and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year MBOX returned +28.64% while SPY returned +23.66%. Year to date, MBOX is up 21.30% versus a gain of 13.79% for SPY.
Over three years, MBOX compounded at +18.42% per year against +21.40% for SPY; over five years the annualized figures are +12.90% and +13.37% respectively. Across the full 5-year window we track, MBOX has the edge at +12.66% annualized vs +8.85%. 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 14.3% for MBOX. 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 -16.7% for MBOX 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 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
MBOX charges 0.39% per year while SPY charges 0.09%. On a $10,000 position that is $39 vs $9 annually, a gap of $30 per year that compounds over a long holding period. On income, MBOX currently yields 1.92% against 1.01% for SPY.
Holdings Overlap
MBOX and SPY share 30 holdings out of 522 unique holdings combined, representing a 10.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in MBOX | Weight in SPY | Difference |
|---|---|---|---|
| AVGO | 2.68% | 2.73% | 0.05% |
| JPM:US | 2.51% | 1.40% | 1.11% |
| MS | 2.87% | 0.41% | 2.46% |
| XOM | Pro | Pro | Pro |
| KLAC | Pro | Pro | Pro |
| GS | Pro | Pro | Pro |
| QCOM | Pro | Pro | Pro |
| DELL | Pro | Pro | Pro |
| UNH | Pro | Pro | Pro |
| MRK | Pro | Pro | Pro |
See all 10 holdings MBOX 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, MBOX or SPY?
MBOX has an expense ratio of 0.39% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $30 per year of difference.
Which performed better, MBOX or SPY?
Over the past year MBOX returned +28.64% vs +23.66% for SPY, so MBOX leads on 1-year performance. Over the longest common window we track (5 years), MBOX annualized +12.66% vs +8.85% for SPY. Past performance does not guarantee future results.
Which is riskier, MBOX or SPY?
SPY has been the more volatile fund at 15.3% annualized versus 14.3% for MBOX. Worst drawdown: MBOX -16.7% vs SPY -56.5%.
Should I hold both MBOX and SPY?
MBOX and SPY have a monthly-return correlation of 0.84, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MBOX and SPY?
MBOX and SPY share 30 common holdings with a 10.4% weight overlap. Combined, they hold 522 unique securities.
Which pays a higher dividend, MBOX or SPY?
MBOX yields 1.92% while SPY yields 1.01%, so MBOX currently pays the higher dividend yield.
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