MDY

SPDR S&P Midcap 400 ETF Trust
A

79
*Unless otherwise stated, data provided by FactSet.

MDY Fund Description

MDY tracks a market-cap-weighted index of midcap US companies.

MDY Factset Analytics Insight

MDY offers extremely liquid exposure to a popular midcap index. It is one of three funds tracking the S&P MidCap 400 Index. Unlike competitors IVOO and IJH, MDY uses the unit investment trust structure, which requires a direct replication of its underlying index and doesn’t allow for reinvesting dividends between distribution dates or for lending out securities. While this older legal structure is perfectly serviceable, it hinders the fund’s tracking in comparison to competitors. MDY also has a higher expense ratio than both IVOO and IJH and tends to cost more to hold based on tracking data. However, MDY has higher trading volume than these peers.Although the fund bills itself as midcaps only, in comparison to our large-leaning benchmark it includes a small-cap tilt causing a lower average market cap. Still, the fund is a good representation of its segment of the market, taking no significant sector bets and avoiding concentrated holdings. While very long-term investors might prefer peer funds, MDY is a solid and extremely popular choice in the midcap space.

MDY MSCI ESG Analytics Insight

SPDR S&P Midcap 400 ETF Trust has an MSCI ESG Fund Rating of BB based on a score of 4.20 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. SPDR S&P Midcap 400 ETF Trust ranks in the 23th percentile within its peer group and in the 62nd percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

MDY MSCI FaCS and Factor Box

MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.

MDY CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 08/21/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
MDY -3.01% 0.43% 13.77% -5.65% 7.75% 7.09% 12.64%
MDY (NAV) -2.47% -0.30% 14.47% -5.87% 7.92% 7.17% 12.48%
S&P Mid Cap 400 -2.45% -0.23% 14.66% -5.68% 8.21% 7.47% 12.48%
MSCI USA Mid Cap Index -2.35% 1.88% 20.00% 0.99% 10.27% 8.24% 13.61%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

MDY Summary Data

SPDR
05/04/95
Unit Investment Trust
0.24%
$18.51B
$337.36M
0.02%

MDY Portfolio Data

$5.82B
25.46
2.27
1.32%
09/20/19
401

MDY Index Data

S&P Mid Cap 400
Market Cap
Committee
MSCI USA Mid Cap Index

MDY Portfolio Management

0.24%
-0.23%
-0.18%
-0.38%

MDY Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

MDY Fund Structure

Unit Investment Trust
No
No
100% / 0%
N/A
N/A
Low
Daily
Cboe Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

MDY Factset Analytics Block Liquidity

As of 08/22/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of MDY. MDY is rated a 5 out of 5.

MDY Tradability

962,116
$337.36M
832,713
$295.56M
0.02%
$0.07
0.00%
0.12% / -0.11%
None
100.00%
25,000
33.31
0.04%
0.08%
49,080
$344.12
5

MDY Sector/Industry Breakdown


MDY
Segment Benchmark
25.76%
22.17%
17.73%
15.81%
14.38%
15.83%
14.16%
18.37%
9.07%
9.94%
6.79%
5.08%
4.72%
6.60%
3.51%
3.00%
3.48%
2.59%
0.41%
0.60%

MDY Countries


MDY
Segment Benchmark
100.00%
99.34%
--
0.66%

MDY Regions


MDY
Segment Benchmark
100.00%
100.00%

MDY Economic Development


MDY
Segment Benchmark
100.00%
100.00%

MDY Performance Statistics

0.95
1.00
0.99
0.98
0.25%
MSCI USA Mid Cap Index

MDY MSCI ESG Ratings

BB
4.20 / 10
61.56
22.88
5.28%
4.68%
196.41

MDY BENCHMARK COMPARISON HOLDINGS

401
334
41
8.75%

MDY BENCHMARK COMPARISON SUMMARY


MDY
Segment Benchmark
401
334
$5.82B
$14.26B
25.46
28.71
2.27
2.93
1.62%
1.54%
Low
Low

MDY BENCHMARK COMPARISON MARKET CAP SIZE


MDY
Segment Benchmark
1.32%
55.66%
88.17%
44.34%
10.52%
0.00%
0.00%
0.00%

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