Midcap ETFs invest in the equity of companies with market capitalizations of roughly $2 billion to $10 billion. To some, midcap stocks are attractive because of the theoretically greater growth potential than large-caps but also because they have less risk than smaller companies.
Midcap ETFs are part of the following market segments:
With 49 ETFs traded in the U.S. markets, Midcap ETFs gather total assets under management of $162.28B. The average expense ratio is of 1.2%. Midcap ETFs can be found in the following asset classes:
- Fixed Income
The largest Midcap ETF is the iShares Core S&P Mid-Cap ETF IJH with $42.18B in assets. In the last trailing year, the best performing Midcap ETF was the UMDD at 48.5%. The most-recent ETF launched in the Midcap space was the First Trust Mid Cap U.S. Equity Select ETF RNMC in 06/20/17.