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MLRG vs SPTM: Differences, Returns & Fees

MLRG and SPTM hold 92% of their weight in the same names. Net assets on Oct 20, 2026: $1.3bn for iShares MSCI USA ETF and $14.1bn for State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF.

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Answers cite the figures on this page.

Both cost 0.03% a year; their one-year returns differ by 0.2 points; SPTM is 10.7 times larger.

Points (pts) are percentage points.

MLRG vs SPTM: Differences, Returns & Fees
MLRGSPTM
Expense ratio0.03%0.03%
Net assets$1.3bn$14.1bn
Total return, 1 year+15.5%+15.7%
What it tracksMSCI USA IndexS&P Composite 1500 Index
Holdings in common92%
Top ten holdings, share of the fund37.8%35.8%

Holdings in common uses holdings dated Oct 19, 2026.

+15.5%
MLRG total return, 1 year
+15.7%
SPTM total return, 1 year
0.03%
MLRG expense ratio
0.03%
SPTM expense ratio

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Client brief · page 1 of 2Report BR-1898891B1E

MLRG and SPTM are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. MLRG follows MSCI USA Index and SPTM follows S&P Composite 1500 Index.
  2. Size. MLRG has $1.3bn in net assets and SPTM $14.1bn (Net assets); SPTM is 10.8 times larger.
  3. Holdings in common (similar). 92% of the weight is in the same securities (holdings dated Oct 19, 2026).

Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.

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What they hold in common

By the books each fund has filed, MLRG and SPTM hold 92% of their money in the same securities at the same weight. Holdings dated Oct 19, 2026.

half

92% in common

Positions both hold, largest shared weight first
Holding MLRG SPTM
NVIDIA 7.52% 7.34%
APPLE 7.59% 6.99%
MICROSOFT 5.68% 5.54%
AMAZON.COM INC 3.83% 3.60%
ALPHABET CLASS A 3.04% 2.82%
ALPHABET CLASS C 2.40% 2.26%
BROADCOM INC 2.28% 2.22%
META PLATFORMS CLASS A 2.34% 2.17%
TESLA INC 1.59% 1.45%
MICRON TECHNOLOGY 1.54% 1.43%
ELI LILLY 1.50% 1.39%
JPMORGAN CHASE & CO 1.34% 1.24%
Only in MLRG
SNOWFLAKE 0.16%
CLOUDFLARE CLASS A 0.14%
SPACE EXPLORATION TECHNOLOGIES COR 0.14%
MERCADOLIBRE 0.13%
CHENIERE ENERGY 0.09%
NATERA 0.08%
ASTERA LABS 0.06%
WASTE CONNECTIONS 0.06%
Only in SPTM
MODERNA INC 0.11%
INGERSOLL RAND INC 0.04%
VIATRIS INC 0.03%
TENET HEALTHCARE CORP 0.03%
US FOODS HOLDING CORP 0.03%
ROKU INC 0.03%
TD SYNNEX CORP 0.03%
WOODWARD INC 0.03%

Check overlap with more funds →

On the same fields

MLRG
iShares MSCI USA ETF
SPTM
State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF
Where it sits Stock ETF Stock ETF
Issuer iShares State Street
What it is Tracks an index Tracks an index
Total return, 1 year +15.5% +15.7%
Its benchmark over the same days +15.4% (PBUS) +15.8% (IVV)
Gap to its benchmark +0.2 pts vs PBUS −0.1 pts vs IVV
Expense ratio 0.03% 0.03%
Already in the S&P 500 95.6% 92.1%
Holdings 515 1512
Net assets $1.3bn $14.1bn
Former ticker ILCB none

MLRG and SPTM on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About MLRG

MLRG tracks an index. Over the year to Oct 20, 2026 it returned +15.5% with distributions reinvested, against +15.4% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer for Oct 19, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 515 positions, with the top ten at 37.8%.

About SPTM

SPTM tracks an index. Over the year to Oct 20, 2026 it returned +15.7% with distributions reinvested, against +15.8% for its benchmark, the S&P 500 Index. By its holdings published by its issuer for Oct 19, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 1,512 positions, with the top ten at 35.8%.

Questions people ask

Which returned more over the last year, MLRG or SPTM?
In the year to Oct 20, 2026, with distributions reinvested, MLRG returned +15.5% and SPTM +15.7%.
Which is cheaper, MLRG or SPTM?
Neither: MLRG and SPTM both charge 0.03% a year. Fees come from each fund's prospectus.
How much do MLRG and SPTM overlap with the S&P 500?
By their latest filed holdings, 96% of MLRG and 92% of SPTM by weight is stocks the S&P 500 already holds.
Other comparisons
MLRG vs VFLOMLRG vs XMMOMLRG vs XMHQIMCG vs MLRGFTC vs SPTMIJH vs SPTMFLQM vs SPTMIMCB vs SPTM
MLRG on its own →SPTM on its own →Hold both: look the portfolio through →Rankings →MLRG dividend history →MLRG holdings →SPTM dividend history →SPTM holdings →Standards and sources →
Where these figures came from
MLRG filings on SEC EDGAR ↗MLRG prospectus with the expense ratio (SEC) ↗iShares page for MLRG ↗SPTM filings on SEC EDGAR ↗SPTM prospectus with the expense ratio (SEC) ↗State Street website ↗

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, MLRG against SPTM, data as of Oct 20, 2026. https://etfiq.com/compare/any/mlrg-vs-sptm

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.