QMID

WisdomTree U.S. MidCap Quality Growth Fund

$27.71
+0.00%
Market closed. Last update: 10:52 PM ET

📎 Investment Objective

The WisdomTree U.S. MidCap Quality Growth Fund (QMID) seeks to track the performance of high-quality, growth-oriented U.S. mid-cap companies.

Overview

ETF tracking WisdomTree U.S. MidCap Quality Growth Fund

Category Mid Cap
Issuer WisdomTree
Inception Date 2024-01-25
Market Cap $1.4M
Average Volume N/A
Dividend Yield 1.13%
52-Week Range $22.31 - $29.86
VWAP $27.76

Performance

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Investment Summary

📎 Investment Objective

The WisdomTree U.S. MidCap Quality Growth Fund (QMID) seeks to track the performance of high-quality, growth-oriented U.S. mid-cap companies.

🎯 Investment Strategy

The fund invests in a portfolio of mid-cap U.S. stocks that exhibit high return on equity and low debt-to-equity ratios, which are characteristics of high-quality, growth-oriented companies. The portfolio is weighted by a proprietary quality growth score to emphasize the stocks with the strongest quality and growth profiles.

✨ Key Features

  • Focuses on mid-cap U.S. stocks with high quality and growth characteristics
  • Uses a proprietary scoring system to overweight the highest quality and growth stocks
  • Aims to provide exposure to the growth potential of mid-cap companies while emphasizing quality and financial strength
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Concentration risk as the fund is focused on mid-cap stocks
  • Market risk as the value of the underlying stocks can fluctuate with overall market conditions
  • Style risk if the market environment favors a different investment style (e.g. value over growth)
  • Liquidity risk for less-traded mid-cap stocks

👤 Best For

This ETF may be suitable for investors seeking exposure to the growth potential of U.S. mid-cap companies, with a focus on high-quality, financially-strong firms. It could be a core holding in a diversified portfolio or used to complement large-cap and small-cap allocations. Investors should have a medium to long-term time horizon and a moderate risk tolerance.