MGV vs SPYV: Differences, Returns & Fees
MGV and SPYV hold 51% of their weight in the same names, and MGV returned +21.5% over the year. Net assets: $13.5bn on Sep 30, 2026 for Vanguard Morningstar Mega Cap Value ETF, and $36.2bn on Oct 8, 2026 for State Street SPDR Portfolio S&P 500 Value ETF.
SPYV costs 0.01 points a year less; their one-year returns differ by 7.0 points; SPYV is 2.6 times larger.
| MGV | SPYV | |
|---|---|---|
| Expense ratio | 0.05% | 0.04% |
| Net assets, as of Sep 30, 2026 | $13.5bn | $35.6bn |
| Total return, 1 year | +21.5% | +14.5% |
| What it tracks | CRSP U.S. Mega Cap Value Index | S&P 500 Value Index ? |
| Holdings in common | 51% | |
| Top ten holdings, share of the fund | 28.5% | 24.7% |
Holdings in common uses holdings dated Aug 31, 2026 and Oct 8, 2026.
What they hold in common
By the books each fund has filed, MGV and SPYV hold 51% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Aug 31, 2026 and Oct 8, 2026.
half
51% in common
On the same fields
MGV and SPYV on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.
About MGV
MGV tracks an index. Over the year to Oct 9, 2026 it returned +21.5% with distributions reinvested. The prospectus expense ratio is 0.05% a year. By its holdings published by its issuer as of Aug 31, 2026, 98% of the fund by weight is stocks the S&P 500 also holds, across 123 positions, with the top ten at 28.5%.
About SPYV
SPYV tracks an index. Over the year to Oct 9, 2026 it returned +14.5% with distributions reinvested, against +14.4% for its benchmark, the S&P 500 Value Index ?. The prospectus expense ratio is 0.04% a year. By its holdings published by its issuer for Oct 8, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 435 positions, with the top ten at 24.7%.
Questions people ask
- Which returned more over the last year, MGV or SPYV?
- In the year to Oct 9, 2026, with distributions reinvested, MGV returned +21.5% and SPYV +14.5%.
- Which is cheaper, MGV or SPYV?
- SPYV is cheaper, by 0.01 percentage points a year. That is about $1 on $10,000 held for a year. Fees come from each fund's prospectus.
ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, MGV against SPYV, data as of Oct 9, 2026. https://etfiq.com/compare/any/mgv-vs-spyv
ETFIQ. (Oct 9, 2026). MGV against SPYV. Retrieved from https://etfiq.com/compare/any/mgv-vs-spyv
[MGV against SPYV (ETFIQ, Oct 9, 2026)](https://etfiq.com/compare/any/mgv-vs-spyv)
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.