"Better performance" is very broad. It always depends on your focus and what you are building. There is no "one approach fits all."
If you build an SPA, the initial loading time tends to be higher, because on average, you have to load more JavaScript than in an MPA setup. But the navigation between pages is faster. Also, you have more control over the navigation behavior.
MPAs tend to scale better, because only the JavaScript that you need on the current page is loaded. That usually also reduces the initial load time.
If you want an app-like feeling, in my opinion SPAs are still the best choice. For blogs, e-commerce, etc., MPAs might be a better choice.
Long story short: It depends very much on the experience that you want to achieve.
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