Equity: U.S. - Mid Cap Value

JKI Top Performer Intra-day
Price $164.26
Today’s Change 0.56%
3:56pm 11/22/2019
IWS Bottom Performer Intra-day
Price $91.80
Today’s Change 0.27%
4:00pm 11/22/2019

ETF.com Insight

With 10 ETFs and over $31.35B in combined AUM, the Equity: U.S. - Mid Cap Value 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 Nuveen ESG Mid-Cap Value ETF (NUMV), with a total return of 25.97%. Meanwhile, the most popular ETF is the iShares Russell Mid-Cap Value ETF (IWS) with $11.51BB in assets under management.

Investors should take a look at the Vanguard Mid-Cap Value ETF (VOE). This fund has been chosen as an Analyst Pick by FactSet, thus is the best ETF for the average investor. VOE tracks the CRSP US Mid Cap Value Index which classifies value stocks based on 5 value factors. VOE has an expense ratio of 0.07% and tracks the CRSP US Mid Value.

Performance Dispersion

ETF.com Efficiency Insight

The average efficiency score in the Equity: U.S. - Mid Cap Value segment is 92 out of 100, with the SPDR S&P 400 Mid Cap Value ETF(MDYV) obtaining the highest rating of 99 out of 100.

Costs dominate the discussion around efficiency. ETFs in the segment have an average expense ratio of 0.30% per year, with the Vanguard Mid-Cap Value ETF (VOE) having the lowest expense ratio, charging investors 0.07% yearly.

Investors should look for funds with tight tracking, such as the SPDR S&P 400 Mid Cap Value ETF (MDYV), with a 12-month median tracking difference of -0.09%.

Tracking Difference (12 Month)

ETF.com Tradability Insight

The average tradability score in the Equity: U.S. - Mid Cap Value segment is 80 out of 100, with the Vanguard Mid-Cap Value ETF(VOE) obtaining the highest rating of 99 out of 100.

The iShares Russell Mid-Cap Value ETF (IWS) is the undisputed segment leader when it comes to liquidity. The fund trades 53.22M in daily average volume. Investors should also find ample liquidity in the Vanguard Mid-Cap Value ETF (VOE), with $26.84M in daily dollar volume.

Use limit orders to trade funds such as the Invesco S&P MidCap Value with Momentum ETF(XMVM), due to their double-digit market spreads.

ETF.com/ Block Liquidity

IWS
5
4
3
2
1
VOE
5
4
3
2
1
IJJ
5
4
3
2
1
MDYV
5
4
3
2
1
IVOV
5
4
3
2
1
JKI
5
4
3
2
1
RFV
5
4
3
2
1
NUMV
5
4
3
2
1
FNK
5
4
3
2
1
XMVM
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 Value 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 VOE. 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, RFV follows a Value strategy and obtains a low Fit score compared with our neutral benchmark.

Index Methodology