βš”οΈ Head to head

STW vs MVE: Which ETF Is Better?

A side-by-side comparison of fees, size, returns and holdings, using data to 30 September 2026.

STW comes out ahead on 8 of 9 measures. Which matters most depends on you.

They are quite different funds. Only 11% of their portfolios overlap, so this is a choice between two different strategies, not just two providers.

The short answer

πŸ’ΈLower feeSTW wins
STW
0.05%
MVE
0.45%

Worth about $27,680 on $100,000 over 20 years.

🏦Bigger fundSTW wins
STW
$6.5bn
MVE
$499m

Bigger funds usually trade more cheaply and are less likely to close.

πŸ“ˆ1-year returnSTW wins
STW
+2.6%
MVE
βˆ’1.5%
πŸ“Š3-year returnSTW wins
STW
+11.0% a yr
MVE
+10.3% a yr
🏁5-year returnSTW wins
STW
+6.7% a yr
MVE
+6.0% a yr
βš–οΈCheaper to tradeToo close to call
STW
0.03%
MVE
0.05%

STW vs MVE side by side

STW leads on 8, MVE on 1STWSPDR S&P/ASX 200 ETFMVEVanEck S&P/ASX MidCap ETF
The basics
Index trackedS&P/ASX 200 IndexS&P/ASX MidCap 50 Index
Fund managerState Street (SPDR)VanEck
Asset classAustralian sharesAustralian shares
ListedAug 2001Oct 2013
Cost and size
MERyearly fee, lower is better0.05%βœ“0.45%
AUMfund size$6.5bnβœ“$499m
Net flows (Sep)new money in, last monthβˆ’$33m$4.4mβœ“
Bid/ask spreadtrading cost, lower is better0.03%0.05%
Total returns
1 monthβˆ’2.4%βœ“βˆ’3.3%
1 year+2.6%βœ“βˆ’1.5%
3 years p.a.+11.0%βœ“+10.3%
5 years p.a.+6.7%βœ“+6.0%
$10,000 invested
1 year ago$10,261βœ“$9,848
5 years ago$13,821βœ“$13,410

βœ“ marks the better figure on each measure. Returns include distributions, to 30 September 2026.

STW vs MVE price chart

Both ETFs on one chart as % change. Use the 1D to All buttons to change the period. Price only, so it leaves out distributions Β· TradingView

πŸ“ˆ Growth

What $10,000 invested is worth now

$10,000 put into STW 5 years ago is worth $13,821 today, against $13,410 in MVE. That is $411 more in STW.

STWMVE$10,000 invested
$0k$4k$8k$12k$16k$10.3k$9.8k1 year agoSTW +$413$13.7k$13.4k3 years agoSTW +$242$13.8k$13.4k5 years agoSTW +$411

Total returns to 30 September 2026, with distributions reinvested, before tax and brokerage. The price chart above leaves out distributions, so it can look worse. Past performance is not a reliable indicator of future performance.

πŸ’Έ Cost

What the fees cost you

STW's lower fee leaves about $27,680 more in your pocket over 20 years.

STW charges 0.05% a yearMVE charges 0.45% a year
🧾 Fees paid on $100,000Saving
5 years
STW
βˆ’$327
MVE
βˆ’$2,925
You keep$2,597more with STW
10 years
STW
βˆ’$917
MVE
βˆ’$8,118
You keep$7,201more with STW
20 years
STW
βˆ’$3,601
MVE
βˆ’$31,281
You keep$27,680more with STW

Total fees paid on a $100,000 investment, assuming a 7% a year return before fees. Illustration only: it ignores tax, brokerage and differences in returns.

STW and MVE overlap

11%portfolio overlap (low: they are quite different underneath)

45 companies appear in both funds. Overlap is the share of the portfolio that is the same in both, counting the smaller weight of each shared company.

Biggest shared holdings% of STW% of MVE
0.41%3.33%
0.40%3.22%
0.39%3.22%
0.36%2.94%
0.36%2.99%
0.35%2.88%
0.35%2.88%
0.34%2.79%
0.33%2.79%
0.33%2.73%
0.31%2.49%
0.29%2.44%

Add more ETFs and see the overlap in Compare ETFs β†’

Best-endeavours estimate. Built from each issuer's published holdings, which may be weeks or months old, may cover only part of a fund (some publish only their top 10) and are matched by company name. Figures may be incomplete or inaccurate. Check the issuer's website and PDS before relying on them. General information only.

Free PDF report

Get the full STW vs MVE report

  • Every holding of each ETF: the top 50 companies, with sectors and countries
  • Exactly which companies they share, and how much of each
  • Fees in dollars over 10, 20 and 30 years
  • Every metric side by side, including the index each tracks
  • β˜… FREE BONUSIs now a good time to invest? The Market Health-O-Meter
⬇ Get the free report
Joshua Stega
etfadviserExchange traded fund specialist adviser Β· 20 years’ experience
Keep in touch with the marketsWeekly ETF research, the Market Health-O-Meter and our model portfolio.Try it free for 30 days β†’

FAQs

Which is better, STW or MVE?

It depends on what you need. On our numbers STW wins on 8 measures and MVE on 1. STW is cheaper, with a management fee of 0.05% vs 0.45%. On $100,000 over 20 years that difference is worth about $27,680. STW is the larger fund at $6.5bn vs $499m. STW has the better 1-year return: +2.6% vs βˆ’1.5%.

Which is cheaper, STW or MVE?

STW charges 0.05% a year and MVE charges 0.45% a year.

Can I hold both STW and MVE?

You can, but check how much they overlap. STW is a Australian shares fund and MVE is a Australian shares fund.

More comparisons

VAS vs STWA200 vs STWIOZ vs STWSTW vs E200STW vs OZRSTW vs QOZSTW vs ILCSTW vs SFYSTW vs ATECIOZ vs MVEILC vs MVE

Add more ETFs to this comparison β†’

General information only, not a recommendation. Past performance is not a reliable indicator of future performance.