Equity: U.S. - Mid Cap

XMLV Top Performer Intra-day
Price $55.47
Today’s Change 0.36%
4:00pm 02/14/2020
RWK Bottom Performer Intra-day
Price $64.11
Today’s Change -0.40%
4:00pm 02/14/2020

ETF.com Insight

With 26 ETFs and over $151.73B in combined AUM, the Equity: U.S. - Mid Cap segment provides exposure to the U.S. space with a focus on Mid Cap securities.

Year-to-date, the best-performing ETF in the segment is the Invesco S&P Midcap Momentum ETF (XMMO), with a total return of 6.15%. Meanwhile, the most popular ETF is the iShares Core S&P Mid-Cap ETF (IJH) with $53.79BB in assets under management.

Investors should take a look at the Vanguard Mid-Cap ETF (VO). This fund has been chosen as an Analyst Pick by FactSet, thus is the best ETF for the average investor. VO tracks the CRSP US Mid Cap Index, a diversified index of midcap US companies. VO has an expense ratio of 0.04% and tracks the CRSP US Mid Cap.

Performance Dispersion

ETF.com Efficiency Insight

The average efficiency score in the Equity: U.S. - Mid Cap segment is 93 out of 100, with the Schwab U.S. Mid-Cap ETF(SCHM) obtaining the highest rating of 100 out of 100.

Costs dominate the discussion around efficiency. ETFs in the segment have an average expense ratio of 0.33% per year, with the Schwab U.S. Mid-Cap ETF (SCHM) having the lowest expense ratio, charging investors 0.04% yearly.

Investors should look for funds with tight tracking, such as the Vanguard Mid-Cap ETF (VO), with a 12-month median tracking difference of -0.02%.

Tracking Difference (12 Month)

ETF.com Tradability Insight

The average tradability score in the Equity: U.S. - Mid Cap segment is 85 out of 100, with the Vanguard Mid-Cap ETF(VO) obtaining the highest rating of 100 out of 100.

The SPDR S&P Midcap 400 ETF Trust (MDY) is the undisputed segment leader when it comes to liquidity. The fund trades 311.02M in daily average volume. Investors should also find ample liquidity in the iShares Core S&P Mid-Cap ETF (IJH), with $202.84M in daily dollar volume.

Use limit orders to trade funds such as the Invesco S&P Midcap Quality ETF(XMHQ), due to their double-digit market spreads.

ETF.com/ Block Liquidity

VO
5
4
3
2
1
SCHM
5
4
3
2
1
MDY
5
4
3
2
1
IJH
5
4
3
2
1
IWR
5
4
3
2
1
DON
5
4
3
2
1
REGL
5
4
3
2
1
SPMD
5
4
3
2
1
XMMO
5
4
3
2
1
PTMC
5
4
3
2
1
IVOO
5
4
3
2
1
EZM
5
4
3
2
1
XMLV
5
4
3
2
1
JHMM
5
4
3
2
1
FNX
5
4
3
2
1
JKG
5
4
3
2
1
CZA
5
4
3
2
1
RWK
5
4
3
2
1
JPME
5
4
3
2
1
EWMC
5
4
3
2
1
FLQM
5
4
3
2
1
RNMC
5
4
3
2
1
MIDF
5
4
3
2
1
XMHQ
5
4
3
2
1
AFMC
5
4
3
2
1
SMDY
5
4
3
2
1
This measurement shows how easy it is to trade 25,000 shares of each ETF.

ETF.com Fit Insight

The MSCI USA Mid Cap Index has been selected as the index that most accurately represents the market in question. The benchmark has been selected by the ETF Analytics team at FactSet, according to a series of guidelines to ensure this index accurately captures its market.

Investors trying to match a broad market exposure should pay attention to VO. This fund obtains a high Fit score and investors should capture market-like returns.

Other funds diverge from the market, by nature of their investment mandates; for example, XMLV follows a Low Volatility strategy and obtains a low Fit score compared with our neutral benchmark.

Index Methodology