MBCE vs. SPYG
MBCE (Monarch Blue Chips Elite Index ETF) and SPYG (State Street SPDR Portfolio S&P 500 Growth ETF) are both exchange-traded funds - MBCE is a Large Cap Growth Equities fund tracking the Monarch Blue Chips Elite Index, while SPYG is a S&P 500 fund tracking the S&P 500 Growth Index. Both are passively managed. Their correlation of 0.82 means they have usually moved in the same direction. MBCE charges 1.14%/yr vs 0.04%/yr for SPYG.
Performance
MBCE vs. SPYG - Performance Comparison
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Returns By Period
MBCE
- 1D
- 1.09%
- 1M
- -6.79%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
SPYG
- 1D
- 2.15%
- 1M
- 2.10%
- 6M
- 11.46%
- YTD
- 12.43%
- 1Y
- 24.33%
- 3Y*
- 25.98%
- 5Y*
- 13.61%
- 10Y*
- 17.52%
- ALL TIME*
- 7.54%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $704.30K | $864.91K | $1.01M | |
| $323.67M | $273.71M | $308.17M |
MBCE vs. SPYG - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
MBCE Monarch Blue Chips Elite Index ETF | -7.47% |
SPYG State Street SPDR Portfolio S&P 500 Growth ETF | -2.12% |
Correlation
The correlation between MBCE and SPYG is 0.82, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 3, 2026 | 0.82 |
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Return for Risk
MBCE vs. SPYG — Risk / Return Rank
MBCE
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SPYG
MBCE vs. SPYG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Monarch Blue Chips Elite Index ETF (MBCE) and State Street SPDR Portfolio S&P 500 Growth ETF (SPYG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MBCE | SPYG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.24 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.78 | — |
| Martin ratioReturn relative to average drawdown | — | 6.45 | — |
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Drawdowns
MBCE vs. SPYG - Drawdown Comparison
The maximum MBCE drawdown since its inception was -17.37%, smaller than the maximum SPYG drawdown of -67.63%. Use the drawdown chart below to compare losses from any high point for MBCE and SPYG.
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Drawdown Indicators
| MBCE | SPYG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.37% | -67.63% | +50.26% |
Max Drawdown (1Y)Largest decline over 1 year | — | -13.76% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -22.14% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -32.67% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -32.67% | — |
Current DrawdownCurrent decline from peak | -12.08% | -2.28% | -9.80% |
Average DrawdownAverage peak-to-trough decline | -6.11% | -24.20% | +18.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.78% | — |
Volatility
MBCE vs. SPYG - Volatility Comparison
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Volatility by Period
| MBCE | SPYG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 6.35% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 14.96% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 41.62% | 18.23% | +23.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.62% | 21.53% | +20.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.62% | 20.81% | +20.81% |
MBCE vs. SPYG - Expense Ratio Comparison
MBCE has a 1.14% expense ratio, which is higher than SPYG's 0.04% expense ratio.
Dividends
MBCE vs. SPYG - Dividend Comparison
MBCE has not paid dividends to shareholders, while SPYG's dividend yield for the trailing twelve months is around 0.48%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MBCE Monarch Blue Chips Elite Index ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPYG State Street SPDR Portfolio S&P 500 Growth ETF | 0.48% | 0.52% | 0.60% | 1.15% | 1.03% | 0.62% | 0.90% | 1.37% | 1.51% | 1.41% | 1.55% | 1.57% |
Frequently Asked Questions
MBCE and SPYG have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPYG is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPYG is cheaper with a 0.04% expense ratio, compared with 1.14% for MBCE.
SPYG has the higher dividend yield at 0.48%, compared with 0.00% for MBCE.
MBCE is categorized as Large Cap Growth Equities, while SPYG is S&P 500. MBCE tracks Monarch Blue Chips Elite Index, while SPYG tracks S&P 500 Growth Index. They also come from different issuers: Monarch and State Street. Their fees differ too: 1.14% for MBCE and 0.04% for SPYG.
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