MFUL vs SPY
MFUL vs SPY
Mindful Conservative 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 | MFUL | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 1.48% | 0.09% | |
| AUM | $7M | $789.1B | |
| Dividend Yield | 2.40% | 1.01% | |
| Holdings | 18 | 505 | |
| YTD Return | +3.55% | +13.79% | |
| 1Y Return | +5.36% | +23.66% | |
| 3Y Return (annualized) | +4.95% | +21.40% | |
| 5Y Return (annualized) | - | +13.37% | |
| Volatility (annualized) | 4.9% | 15.3% | |
| Max Drawdown | -16.4% | -56.5% | |
| Fund Family | Mohr Funds | State Street Investment Management | |
| Category | Allocation/Balanced | Equity | |
| Inception | Nov 2, 2021 | Jan 22, 1993 |
MFUL vs SPY Performance
Mindful Conservative ETF (MFUL) is a ETF from Mohr Funds and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year MFUL returned +5.36% while SPY returned +23.66%. Year to date, MFUL is up 3.55% versus a gain of 13.79% for SPY.
Over three years, MFUL compounded at +4.95% per year against +21.40% for SPY. Across the full 5-year window we track, SPY has the edge at +8.85% annualized vs +0.11%. 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 4.9% for MFUL. 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 -16.4% for MFUL 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 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
MFUL charges 1.48% per year while SPY charges 0.09%. On a $10,000 position that is $148 vs $9 annually, a gap of $139 per year that compounds over a long holding period. On income, MFUL currently yields 2.40% against 1.01% for SPY.
Holdings Overlap
MFUL and SPY share 0 holdings out of 520 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, MFUL or SPY?
MFUL has an expense ratio of 1.48% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $139 per year of difference.
Which performed better, MFUL or SPY?
Over the past year MFUL returned +5.36% vs +23.66% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (5 years), MFUL annualized +0.11% vs +8.85% for SPY. Past performance does not guarantee future results.
Which is riskier, MFUL or SPY?
SPY has been the more volatile fund at 15.3% annualized versus 4.9% for MFUL. Worst drawdown: MFUL -16.4% vs SPY -56.5%.
Should I hold both MFUL and SPY?
MFUL and SPY have a monthly-return correlation of 0.72, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MFUL and SPY?
MFUL and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 520 unique securities.
Which pays a higher dividend, MFUL or SPY?
MFUL yields 2.40% while SPY yields 1.01%, so MFUL currently pays the higher dividend yield.
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