MDYV
State Street SPDR S&P 400 Mid Cap Value ETF
📎 Investment Objective
The SPDR S&P 400 Mid Cap Value ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P MidCap 400 Value Index.
Overview
ETF tracking State Street SPDR S&P 400 Mid Cap Value ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The SPDR S&P 400 Mid Cap Value ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P MidCap 400 Value Index.
🎯 Investment Strategy
The fund employs a passive management approach, investing in a representative sample of securities included in the underlying index to seek to track the performance of the index.
✨ Key Features
- Provides exposure to mid-cap value stocks in the U.S. equity market
- Seeks to track the performance of the S&P MidCap 400 Value Index
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Market risk: The value of the fund's holdings may decline due to general market conditions
- Sector concentration risk: The fund may be more susceptible to economic, political, or regulatory events affecting a particular sector
- Mid-cap stock risk: Stocks of mid-cap companies may be subject to more abrupt or erratic market movements than those of larger, more established companies
- Value investing risk: Value stocks may perform differently from the market as a whole and may continue to be undervalued by the market for long periods of time
👤 Best For
The SPDR S&P 400 Mid Cap Value ETF may be suitable for investors seeking exposure to mid-cap value stocks as part of a diversified portfolio. Investors should have a medium to long-term investment horizon and be willing to accept the risks associated with investing in the mid-cap value segment of the U.S. equity market.