Equity: U.S. - Mid Cap Growth
ETF.com Insight
With 14 ETFs and over $32.90B in combined AUM, the Equity: U.S. - Mid Cap Growth 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 American Century Mid Cap Growth Impact ETF (MID), with a total return of 5.96%. Meanwhile, the most popular ETF is the iShares Russell Mid-Cap Growth ETF (IWP) with $11.50BB in assets under management.
Investors should take a look at the Vanguard Mid-Cap Growth ETF (VOT). This fund has been chosen as an Analyst Pick by FactSet, thus is the best ETF for the average investor. VOT tracks a market cap-weighted index of mid-cap growth companies selected by the Center for Research in Security Prices (CRSP). VOT has an expense ratio of 0.07% and tracks the CRSP U.S. Mid Cap Growth Index.
ETF.com Efficiency Insight
The average efficiency score in the Equity: U.S. - Mid Cap Growth segment is 90 out of 100, with the iShares Morningstar Mid-Cap Growth ETF(IMCG) 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 0.35% per year, with the SoFi Next 500 ETF (SFYX) having the lowest expense ratio, charging investors 0% yearly.
Investors should look for funds with tight tracking, such as the Vanguard Mid-Cap Growth ETF (VOT), with a 12-month median tracking difference of -0.01%.
Tracking Difference (12 Month)
ETF.com Tradability Insight
The average tradability score in the Equity: U.S. - Mid Cap Growth segment is 83 out of 100, with the iShares Russell Mid-Cap Growth ETF(IWP) obtaining the highest rating of 99 out of 100.
The iShares Russell Mid-Cap Growth ETF (IWP) is the undisputed segment leader when it comes to liquidity. The fund trades 70.44M in daily average volume. Investors should also find ample liquidity in the Vanguard Mid-Cap Growth ETF (VOT), with $27.69M in daily dollar volume.
Use limit orders to trade funds such as the Alger Weatherbie Enduring Growth ETF(AWEG), due to their double-digit market spreads.
ETF.com/ Block Liquidity
ETF.com Fit Insight
The MSCI USA Mid Cap Growth 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 VOT. 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, RFG follows a Growth strategy and obtains a low Fit score compared with our neutral benchmark.