MDY
SPDR S&P MidCap 400 ETF Trust
📎 Investment Objective
The SPDR S&P MidCap 400 ETF Trust seeks to provide investment results that, before expenses, correspond generally to the total return performance of the S&P MidCap 400 Index.
Overview
ETF tracking SPDR S&P MidCap 400 ETF Trust
Performance
Price Chart
Investment Summary
📎 Investment Objective
The SPDR S&P MidCap 400 ETF Trust seeks to provide investment results that, before expenses, correspond generally to the total return performance of the S&P MidCap 400 Index.
🎯 Investment Strategy
The ETF employs a passive management strategy, investing in a representative sample of securities included in the S&P MidCap 400 Index to seek to track the performance of the index.
✨ Key Features
- Provides exposure to the mid-cap segment of the U.S. equity market
- Tracks the S&P MidCap 400 Index, a widely recognized benchmark for mid-cap stocks
- Diversified portfolio of approximately 400 mid-cap companies
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The value of the ETF's shares will fluctuate with changes in the value of the underlying securities
- Tracking error risk: The ETF may not perfectly track the performance of the underlying index
- Liquidity risk: Mid-cap stocks may have lower trading volumes and be less liquid than large-cap stocks
- Concentration risk: The ETF is subject to the risks of its underlying index, which is concentrated in the mid-cap segment of the market
👤 Best For
The SPDR S&P MidCap 400 ETF Trust may be suitable for investors seeking broad exposure to the mid-cap segment of the U.S. equity market as part of a diversified portfolio. It may be particularly appealing to investors with a long-term investment horizon who are comfortable with the inherent volatility and risks associated with mid-cap stocks.
Top Holdings
| Rank | Ticker | Name | Weight | Sector |
|---|---|---|---|---|
| 1 | FIX | Comfort Systems USA Inc. | 1.02% | Industrials |
| 2 | CIEN | Ciena Corporation | 0.88% | Information Technology |
| 3 | PSTG | Pure Storage Inc. Class A | 0.84% | Information Technology |
| 4 | CASH_USD | U.S. Dollar | 0.79% | Unassigned |
| 5 | FLEX | Flex Ltd | 0.72% | Information Technology |
| 6 | COHR | Coherent Corp. | 0.70% | Information Technology |
| 7 | UTHR | United Therapeutics Corporation | 0.67% | Health Care |
| 8 | CW | Curtiss-Wright Corporation | 0.66% | Industrials |
| 9 | CASY | Casey's General Stores Inc. | 0.64% | Consumer Staples |
| 10 | TWLO | Twilio Inc. Class A | 0.61% | Information Technology |
| 11 | RBA | RB Global Inc. | 0.60% | Industrials |
| 12 | SGI | Somnigroup International Inc. | 0.60% | Consumer Discretionary |
| 13 | ILMN | Illumina Inc. | 0.59% | Health Care |
| 14 | GWRE | Guidewire Software Inc. | 0.59% | Information Technology |
| 15 | NTNX | Nutanix Inc. Class A | 0.57% | Information Technology |