MDY vs SPYG
State Street SPDR S&P MIDCAP 400 ETF Trust vs State Street SPDR Portfolio S&P 500 Growth ETF
Last updated: 2026-04-10
State Street SPDR S&P MIDCAP 400 ETF Trust (MDY) is an exchange-traded fund issued by SPDR that provides exposure to mid-cap U.S. companies balancing growth potential and stability. It charges a moderate expense ratio of 0.24%. The fund offers a moderate dividend yield of 1.11%. Launched in 1995, the fund has a 31-year track record.
State Street SPDR Portfolio S&P 500 Growth ETF (SPYG) is an exchange-traded fund issued by SPDR that provides exposure to large-cap U.S. growth stocks with above-average earnings potential. It charges a very low expense ratio of 0.04%. The fund offers a modest dividend yield of 0.54%. Launched in 2000, the fund has a 26-year track record.
Quick Verdict
SPYG is significantly cheaper at 0.04% vs 0.24% expense ratio, saving you approximately $395 per $10,000 invested over 10 years. SPYG has edged ahead over the past year (36.0% vs 31.1%). Income investors may prefer MDY for its higher yield (1.1% vs 0.5%).
Key Metrics
Performance Chart
Indexed to 100 at start (5-year comparison)
Performance Comparison
Fee Impact Over Time
Estimated fee cost difference assuming 8% annual returns
Risk Metrics
Based on 5 years of daily returns
Dividend Comparison
Top Holdings
0 of top 9 holdings overlap (0% overlap in top holdings)
MDY Top Holdings
| Name | Weight |
|---|---|
| TechnipFMC plcFTI | 0.86% |
| U.S. DollarCASH_USD | 0.85% |
| Casey's General Stores, Inc.CASY | 0.84% |
| Flex Ltd.FLEX | 0.80% |
| Curtiss-Wright CorporationCW | 0.80% |
| United Therapeutics CorporationUTHR | 0.75% |
| XPO, Inc.XPO | 0.74% |
| Woodward, Inc.WWD | 0.70% |
| FabrinetFN | 0.65% |
| Royal Gold, Inc.RGLD | 0.65% |
SPYG Top Holdings
| Name | Weight |
|---|---|
| NVIDIA CorporationNVDA | 14.49% |
| Microsoft CorporationMSFT | 9.10% |
| Apple Inc.AAPL | 6.22% |
| Broadcom Inc.AVGO | 5.44% |
| Alphabet Inc.GOOG | 4.82% |
| Meta Platforms, Inc.META | 4.39% |
| Amazon.com, Inc.AMZN | 3.75% |
| Berkshire Hathaway Inc.BRK.B | 2.88% |
| Eli Lilly and CompanyLLY | 2.47% |
Which One Should You Choose?
Choose SPYG if...
you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.
Choose SPYG if...
recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.
Choose MDY if...
you prioritize dividend income and want higher regular distributions from your portfolio.