SSO vs MVE - Compare ETFs side by side

At a glance

Comparing SSO and MVE. MVE has the lower management fee at 0.45% a year, MVE has the higher 10 years return at 9.2% a year, and SSO offers the higher at 9.5%.

Lower fee

MVE 0.45% p.a.

Higher 10 years return

MVE 9.2% p.a.

Higher yield

SSO 9.5%

Higher risk-adjusted

MVE Sharpe 0.49 (10y)

Lower volatility

MVE 16.2% (10y)

Larger fund

MVE $479m

Side-by-side comparison

Metric	SSO State Street SPDR S&P/ASX Small Ordinaries ETF	MVE VanEck S&P/ASX MidCap ETF
Snapshot
Provider	State Street	VanEck
Tracks index	S&P/ASX Small Ordinaries Index	S&P/ASX MidCap 50 Index
Categories	AU, Small-Cap	AU, Small-Cap
Listed since	—	—
Fund size (AUM)	$25m	$479m
Cost & income
Management fee	0.5%	0.45%
Dividend yield	9.5%	2.69%
Franking	50%	65%
Turnover	20%	25%
Tax drag	2.14%	0.95%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	1.1% net	1.8% net
3-year return	6.6% net	7.7% net
5-year return	1.7% net	6.7% net
10-year return	5.4% net	9.2% net
Risk
Volatility (3y)	13.9%	13.7%
Volatility (5y)	16.4%	15.3%
Volatility (10y)	16.7%	16.2%
Sharpe ratio (3y)	0.24	0.31
Sharpe ratio (5y)	0.11	0.29
Sharpe ratio (10y)	0.27	0.49
Bid/ask spread	—	—

marks the strongest fund in each row. “net” shows the after-tax return at your selected bracket. “—” means we don’t have that data point yet.

Each fund at a glance

SSO State Street SPDR S&P/ASX Small Ordinaries ETF

High 9.5% income yield — good for investors who want regular cash flow.

Has lagged most peers over 5 years (150th of 188).

Full SSO analysis →

MVE VanEck S&P/ASX MidCap ETF

Pricier than similar ETFs, which average around 0.34%.

Full MVE analysis →

Frequently Asked Questions

What's the difference between SSO vs MVE?

SSO and MVE are 2 Australian-listed ETFs we compare side by side. MVE carries the lower management fee (0.45%). Over 10 years, MVE has delivered the higher total return (9.2% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - SSO vs MVE?

MVE has the lower management fee at 0.45% a year, versus SSO 0.5%.

Which has performed higher - SSO vs MVE?

Over the past 10 years, MVE has delivered the higher total return at 9.2% a year. Past performance is not a reliable indicator of future returns.

Which pays the higher dividend yield?

SSO pays the higher at 9.5%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

MVE is the larger fund by assets ($479m). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

SSO vs VSO SSO vs SMLL SSO vs FSML MVE vs VSO MVE vs SMLL MVE vs FSML MVE vs EX20 MVE vs IMPQ

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General information only, generated from each fund's published data — not personal financial advice. Past performance is not a reliable indicator of future returns. Consider your own circumstances or seek licensed advice before investing.