MCVTvsSPLBETF Comparison
VS
ETF 2
SPLB
State Street SPDR Portfolio Long Term Corporate Bond ETF
This fund is part of
US Corporate IG Bonds
-0.02%
Miller Convertible Total Return ETF (MCVT) belongs to the Convertible Bonds segment. State Street SPDR Portfolio Long Term Corporate Bond ETF (SPLB) is part of the US Corporate IG Bonds segment. MCVT's top 3 sector exposures are Technology, Healthcare and Industrials. In contrast, SPLB's top sector exposures are Finance, Utilities and Healthcare. MCVT is more expensive with a Total Expense Ratio (TER) of 0.85%, versus 0.04% for SPLB. Run a side-by-side ETF comparison of MCVT and SPLB below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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MCVT vs SPLB performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/07/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | MCVT SPLB | -3.05%+0.24% | +3.28%-2.21% | n/a-2.30% | n/a-2.69% | n/a+12.66% | n/a-15.40% |
| Flows | MCVT SPLB | +$5M+$53M | +$7M+$65M | -+$211M | -+$407M | -+$585M | -+$666M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | MCVT SPLB | +8.93%+7.89% | n/a+7.43% | n/a+10.11% | n/a+11.88% |
| Max drawdown | MCVT SPLB | -3.60%-5.18% | n/a-5.86% | n/a-9.59% | n/a-34.68% |
| Max drawdown duration | MCVT SPLB | 25d71d | n/a315d | n/a359d | n/a1812d |
Trading data
MCVT | SPLB | |
Last sale 9/8/2026 at 1:30 PM | $21.30 | |
| Previous close 09/08/2026 | $21.31 | |
| Consolidated volume 09/08/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
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MCVT
is actively managed and doesn’t replicate an indexMCVT | SPLB | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 9/8/2026 at 1:30 PM
Live
Closed
MCVT | SPLB | |
|---|---|---|
| Last price | – | $21.30 |
| 1D performance | – | -0.05% |
| AuM | $18.15 M | $1.24 B |
| E/R | 0.85% | 0.04% |
Characteristics
MCVT | SPLB | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Miller Family Of Funds | State Street Investment Management |
| Benchmark | - | Bloomberg U.S. Long Term Corporate Bond Index |
| N° of holdings | 39 | 2735 |
| Asset class | - | Bonds |
| Trailing 12m distribution yield | Join | Join |
| Inception date | March 25, 2026 | March 10, 2009 |
| ESG | No | No |
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Exposure
Countries
MCVT
USA
86.01%
Other
13.99%
SPLB
USA
90.06%
Other
9.94%
Sectors
MCVT
Technology
29.61%
Healthcare
29.4%
Industrials
10.29%
Other
30.7%
SPLB
Finance
18.28%
Utilities
14.05%
Healthcare
12.24%
Technology
11.1%
Energy
9.07%
Telecommunication.
8.48%
Other
26.78%
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Diversification
MCVT
Total weight of top 15 holdings out of 15
44.3%
SPLB
Total weight of top 15 holdings out of 15
3.66%
Top 15 holdings
Data as of July 31, 2026
MCVT
Uber Technologies, 0.875% 1dec2028, USD (Conv.)
3.96%
Bridgebio Pharma, 1.75% 1mar2031, USD (Conv.)
3.66%
Revolution Medicines, 0.5% 1may2033, USD (Conv.)
3.43%
Liberty Media, 2.25% 15aug2027, USD (Conv.)
3.30%
Halozyme Therapeutics, 0.875% 15nov2032, USD (Conv.)
3.17%
Alphabet, Inc.
3.15%
Travere Therapeutics, 0.5% 15may2032, USD (Conv.)
3.05%
Transmedics, 1.5% 1jun2028, USD (Conv.)
3.01%
Snowflake, 0% 1oct2027, USD (Conv.)
2.83%
Omnicell, 1% 1dec2029, USD (Conv.)
2.65%
Tetra Tech, 2.25% 15aug2028, USD (Conv.)
2.47%
HA Sustainable Infrastructure Capital, 3.75% 15aug2028, USD (Conv.)
2.45%
Imax Corporation, 0.75% 15nov2030, USD (Conv.)
2.40%
Burlington Stores, 1.25% 15dec2027, USD (Conv.)
2.39%
AeroVironment, 0% 15jul2030, USD (Conv.)
2.38%
SPLB
Anheuser-Busch, 4.9% 1feb2046, USD
0.37%
CVS Health, 5.05% 25mar2048, USD
0.33%
Meta Platforms, 5.625% 15nov2055, USD
0.28%
Boeing, 5.805% 1may2050, USD
0.26%
CVS Health, 4.78% 25mar2038, USD
0.24%
AT&T Inc, 3.55% 15sep2055, USD
0.24%
AT&T Inc, 3.5% 15sep2053, USD
0.23%
Goldman Sachs, 6.75% 1oct2037, USD
0.22%
Bank of America Corporation, 4.083% 20mar2051, USD (N)
0.22%
Pfizer, 5.3% 19may2053, USD
0.22%
Oracle, 6.7% 4feb2056, USD
0.22%
Amgen, 5.65% 2mar2053, USD
0.22%
Meta Platforms, 5.5% 15nov2045, USD
0.21%
Amazon.com, 5.8% 13mar2056, USD
0.21%
AT&T Inc, 3.65% 15sep2059, USD
0.20%
Frequently asked questions about MCVT and SPLB
Which ETF is bigger: MCVT or SPLB?
As of September 7, 2026, MCVT holds $18.15 M in assets under management (AUM), while SPLB manages $1.24 B.
What sectors do the MCVT and SPLB ETFs invest in?
MCVT leans toward sectors like Technology, Healthcare and Industrials. Meanwhile, SPLB focuses on Finance, Utilities and Healthcare.
What are the top holdings of the MCVT ETF and SPLB ETF?
MCVT top holdings include Uber Technologies, 0.875% 1dec2028, USD (Conv.), Bridgebio Pharma, 1.75% 1mar2031, USD (Conv.) and Revolution Medicines, 0.5% 1may2033, USD (Conv.). SPLB holds in its top three: Anheuser-Busch, 4.9% 1feb2046, USD, CVS Health, 5.05% 25mar2048, USD and Meta Platforms, 5.625% 15nov2055, USD.
Which ETF is more diversified: MCVT or SPLB?
MCVT holds 39 securities with 44.3% of its assets in the top 15. SPLB has 2739 securities and a top 15 weight of 3.66%.
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Latest news about MCVT & SPLB
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