MVPLvsSPYETF Comparison
VS
Miller Value Partners Leverage ETF (MVPL) belongs to the Alternatives segment. State Street SPDR S&P 500 ETF Trust (SPY) is part of the US Large Cap segment. Both ETFs have the same top 3 sector exposures: Information Technology, Financials and Communication Services. MVPL is more expensive with a Total Expense Ratio (TER) of 1.39%, versus 0.0945% for SPY. MVPL is up 8.28% year-to-date (YTD) with +$352K in YTD flows. SPY performs worse with 5.16% YTD performance, and -$19.80B in YTD flows. Run a side-by-side ETF comparison of MVPL and SPY below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
MVPL vs SPY performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 04/27/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | MVPL SPY | +18.65%+12.70% | +4.50%+3.09% | +8.28%+5.16% | +51.73%+31.23% | n/a+80.19% | n/a+83.43% |
| Flows | MVPL SPY | -+$10.05B | +$352K-$5.25B | +$352K-$19.80B | +$11M-$13.53B | -+$41.24B | -+$71.58B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | MVPL SPY | +22.80%+15.20% | +21.96%+12.46% | n/a+14.90% | n/a+16.92% |
| Max drawdown | MVPL SPY | -12.22%-8.89% | -12.70%-8.89% | n/a-18.74% | n/a-24.50% |
| Max drawdown duration | MVPL SPY | 77d76d | 168d76d | n/a126d | n/a708d |
Trading data
MVPL | SPY | |
Last sale 4/27/2026 at 7:06 PM | $39.23 | $712.54 |
| Previous close 04/27/2026 | $39.13 | $715.17 |
| Consolidated volume 04/27/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of March 31, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
MVPL
is actively managed and doesn’t replicate an indexMVPL | SPY | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 4/27/2026 at 7:06 PM
Live
Closed
MVPL | SPY | |
|---|---|---|
| Last price | $39.23 | $712.54 |
| 1D performance | +0.24% | -0.37% |
| AuM | $22.73 M | $726.31 B |
| E/R | 1.39% | 0.0945% |
Characteristics
MVPL | SPY | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Miller Value Funds | State Street Investment Management |
| Benchmark | - | S&P 500 Index |
| N° of holdings | 478 | 478 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | February 28, 2024 | January 22, 1993 |
| ESG | No | No |
Advertisement
Exposure
Countries
MVPL
USA
96.4%
Other
3.6%
SPY
USA
96.95%
Other
3.05%
Sectors
MVPL
Information Techn.
33.74%
Financials
10.33%
Communication Ser.
10.17%
Consumer Discreti.
9.96%
Health Care
9.27%
Industrials
8.28%
Other
18.25%
SPY
Information Techn.
33.93%
Financials
10.39%
Communication Ser.
10.23%
Consumer Discreti.
10.01%
Health Care
9.32%
Industrials
8.33%
Other
17.78%
Advertisement
Diversification
MVPL
Total weight of top 15 holdings out of 15
42.26%
SPY
Total weight of top 15 holdings out of 15
42.5%
Top 15 holdings
Data as of March 31, 2026
MVPL
NVIDIA
7.53%
APPLE
6.62%
MICROSOFT-T
4.89%
AMAZON.COM INC
3.62%
ALPHABET INC-CL
2.98%
BROADCOM LIMITED
2.61%
ALPHABET INC-CL
2.39%
META PLATFORMS
2.22%
TESLA
1.86%
BERKSHIRE HATHWAY
1.56%
JPMORGAN CHASE
1.41%
LILLY
1.30%
EXXON
1.26%
JOHNSON&JOHNSON
1.05%
WALMART INC
0.97%
SPY
NVIDIA
7.58%
APPLE
6.66%
MICROSOFT-T
4.91%
AMAZON.COM INC
3.64%
ALPHABET INC-CL
2.99%
BROADCOM LIMITED
2.62%
ALPHABET INC-CL
2.40%
META PLATFORMS
2.24%
TESLA
1.87%
BERKSHIRE HATHWAY
1.57%
JPMORGAN CHASE
1.42%
LILLY
1.30%
EXXON
1.27%
JOHNSON&JOHNSON
1.05%
WALMART INC
0.97%
Frequently asked questions about MVPL and SPY
How have the MVPL and SPY ETFs performed in 2026?
As of April 27, 2026, MVPL is up 8.28% year-to-date (YTD), while SPY has returned 5.16%. That puts MVPL better performer ahead so far this year.
Which ETF is attracting more investor money: MVPL or SPY?
Year-to-date, the MVPL ETF saw +$352K in flows, compared to -$19.80B for SPY.
Which ETF is more volatile: MVPL or SPY?
Over the past year, MVPL had a volatility of 21.96%, while SPY experienced 12.46%.
Which ETF is bigger: MVPL or SPY?
As of April 27, 2026, MVPL holds $22.73 M in assets under management (AUM), while SPY manages $726.31 B.
What sectors do the MVPL and SPY ETFs invest in?
MVPL leans toward sectors like Information Technology, Financials and Communication Services. Meanwhile, SPY focuses on Information Technology, Financials and Communication Services.
What are the top holdings of the MVPL ETF and SPY ETF?
MVPL top holdings include NVIDIA, APPLE and MICROSOFT-T. SPY holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: MVPL or SPY?
MVPL holds 502 securities with 42.26% of its assets in the top 15. SPY has 502 securities and a top 15 weight of 42.5%.
Advertisement
Latest news about MVPL & SPY
MoneyShow Chart of the Day 1/21/2026: The "Sell America" Trade is Back. Will it Stick?
January 21, 2026
SPY
MoneyShow Chart of the Day 11/12/2025: With the Shutdown Behind Us, Will the Bulls Take Over?
November 12, 2025
SPY
MoneyShow Chart of the Day 11/06/2025: How Worried Should You REALLY be About this Chart?
November 6, 2025
SPY
MoneyShow Chart of the Day 10/29/2025: Yes, this Bull IS Still Young!
October 29, 2025
SPY
Advertisement
Advertisement
