MIDE vs SPY
MIDE vs SPY
Xtrackers S&P MidCap 400 Scored & Screened ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. MIDE delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | MIDE | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.15% | 0.09% | |
| AUM | $3M | $789.1B | |
| Dividend Yield | 1.25% | 1.01% | |
| Holdings | 282 | 505 | |
| YTD Return | +16.08% | +13.28% | |
| 1Y Return | +26.72% | +23.94% | |
| 3Y Return (annualized) | +14.18% | +21.07% | |
| 5Y Return (annualized) | +9.02% | +13.27% | |
| Volatility (annualized) | 17.9% | 15.3% | |
| Max Drawdown | -24.6% | -56.5% | |
| Fund Family | Xtrackers ETFs | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Feb 23, 2021 | Jan 22, 1993 |
MIDE vs SPY Performance
Xtrackers S&P MidCap 400 Scored & Screened ETF (MIDE) is a ETF from Xtrackers ETFs and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year MIDE returned +26.72% while SPY returned +23.94%. Year to date, MIDE is up 16.08% versus a gain of 13.28% for SPY.
Over three years, MIDE compounded at +14.18% per year against +21.07% for SPY; over five years the annualized figures are +9.02% and +13.27% respectively. Across the full 5-year window we track, MIDE has the edge at +9.43% annualized vs +8.84%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MIDE has been the more volatile fund, with annualized monthly volatility of 17.9% 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 -24.6% for MIDE 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
MIDE charges 0.15% per year while SPY charges 0.09%. On a $10,000 position that is $15 vs $9 annually, a gap of $6 per year that compounds over a long holding period. On income, MIDE currently yields 1.25% against 1.01% for SPY.
Holdings Overlap
MIDE and SPY share 0 holdings out of 773 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, MIDE or SPY?
MIDE has an expense ratio of 0.15% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $6 per year of difference.
Which performed better, MIDE or SPY?
Over the past year MIDE returned +26.72% vs +23.94% for SPY, so MIDE leads on 1-year performance. Over the longest common window we track (5 years), MIDE annualized +9.43% vs +8.84% for SPY. Past performance does not guarantee future results.
Which is riskier, MIDE or SPY?
MIDE has been the more volatile fund at 17.9% annualized versus 15.3% for SPY. Worst drawdown: MIDE -24.6% vs SPY -56.5%.
Should I hold both MIDE and SPY?
MIDE 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 MIDE and SPY?
MIDE and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 773 unique securities.
Which pays a higher dividend, MIDE or SPY?
MIDE yields 1.25% while SPY yields 1.01%, so MIDE currently pays the higher dividend yield.
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