MPLY vs SPY

Quick Verdict

SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: SPYMore Diversified: SPY

Side-by-Side Comparison

MetricMPLYSPYWinner
Expense Ratio0.79%0.09%
AUM$16M$789.1B
Dividend Yield0.00%1.01%
Holdings100505
YTD Return+8.49%+13.79%
1Y Return+19.06%+23.66%
3Y Return (annualized)-+21.40%
5Y Return (annualized)-+13.37%
Volatility (annualized)17.4%15.3%
Max Drawdown-13.6%-56.5%
Fund FamilySTRATEGY SHARESState Street Investment Management
CategoryEquityEquity
InceptionMay 15, 2025Jan 22, 1993

MPLY vs SPY Performance

Strategy Shares Monopoly ETF (MPLY) is a ETF from STRATEGY SHARES and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year MPLY returned +19.06% while SPY returned +23.66%. Year to date, MPLY is up 8.49% versus a gain of 13.79% for SPY.

Risk: Volatility and Drawdowns

MPLY has been the more volatile fund, with annualized monthly volatility of 17.4% 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 -13.6% for MPLY 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 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

MPLY charges 0.79% per year while SPY charges 0.09%. On a $10,000 position that is $79 vs $9 annually, a gap of $70 per year that compounds over a long holding period. On income, MPLY currently yields 0.00% against 1.01% for SPY.

Holdings Overlap

52.9%overlap

MPLY and SPY share 94 holdings out of 509 unique holdings combined, representing a 52.9% weight overlap.

High overlap means holding both may not provide much additional diversification.

Top Shared Holdings

StockWeight in MPLYWeight in SPYDifference
AAPL11.65%7.09%4.56%
NVDA9.99%7.31%2.68%
GOOG9.51%2.66%6.85%
MSFTProProPro
AMZNProProPro
AVGOProProPro
METAProProPro
TSLAProProPro
LLYProProPro
AMDProProPro
See all 10 holdings MPLY shares with SPY
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, MPLY or SPY?

MPLY has an expense ratio of 0.79% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $70 per year of difference.

Which performed better, MPLY or SPY?

Over the past year MPLY returned +19.06% vs +23.66% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (1 years), MPLY annualized +24.00% vs +8.85% for SPY. Past performance does not guarantee future results.

Which is riskier, MPLY or SPY?

MPLY has been the more volatile fund at 17.4% annualized versus 15.3% for SPY. Worst drawdown: MPLY -13.6% vs SPY -56.5%.

Should I hold both MPLY and SPY?

MPLY and SPY have a monthly-return correlation of 0.97, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.

What is the holdings overlap between MPLY and SPY?

MPLY and SPY share 94 common holdings with a 52.9% weight overlap. Combined, they hold 509 unique securities.

Which pays a higher dividend, MPLY or SPY?

MPLY yields 0.00% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

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