Skip to main content

ETF comparison

MDY vs SPY

US Mid Cap vs US Large Cap.

State Street SPDR S&P MIDCAP 400 ETF Trust · State Street SPDR S&P 500 ETF Trust

Holdings overlap

Weighted by ISIN/CUSIP
0.0 %

0 positions appear in both funds. Buying equal dollars of MDY and SPY would leave roughly 0.0% of each dollar exposed to the same underlying securities.

MDY unmatched 100.0% Shared 0.0% SPY unmatched 99.9%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In MDY only
401 positions
Shared
0 positions
In SPY only
504 positions

Side by side

MDY

State Street SPDR S&P MIDCAP 400 ETF Trust

State Street · US Mid Cap

88 composite / 100
Expense ratio
0.23%
Net assets
$25.22B
TTM yield
1.06%
Top-10 conc.
7.2%
SPY

State Street SPDR S&P 500 ETF Trust

State Street · US Large Cap

88 composite / 100
Expense ratio
0.094%
Net assets
$809.22B
TTM yield
1.00%
Top-10 conc.
37.9%

Sub-score comparison

77
Cost
91
88
Tax efficiency
89
100
Liquidity
100
100
Concentration
60
—
Tracking quality
—
MDY sub-score SPY

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

SPY is 14 bps cheaper than MDY. On a $100,000 position that's about $136/yr more in fees for MDY.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with MDY vs SPY.

Top shared holdings

0 shared in total

No shared holdings between these funds.

Only in MDY

401 total
  • Okta Inc. Class A 0.97%
  • U.S. Dollar 0.96%
  • TechnipFMC plc 0.76%
  • United Therapeutics Corporation 0.73%
  • US Foods Holding Corp. 0.66%
  • XPO Inc. 0.64%
  • ATI Inc 0.64%
  • Tenet Healthcare Corporation 0.63%
  • Reliance Inc. 0.62%
  • Roku Inc. Class A 0.62%

Only in SPY

504 total
  • NVIDIA CORP 7.78%
  • APPLE INC 7.70%
  • MICROSOFT CORP 5.86%
  • AMAZON.COM INC 3.72%
  • ALPHABET INC CL A 2.88%
  • BROADCOM INC 2.33%
  • ALPHABET INC CL C 2.31%
  • META PLATFORMS INC CLASS A 2.17%
  • TESLA INC 1.60%
  • ELI LILLY + CO 1.58%

Percentages are holdings overlap with the named fund.

Open MDY or SPY at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.