MDY

SPDR S&P Midcap 400 ETF Trust
A

84
*Unless otherwise stated, data provided by FactSet.

MDY Fund Description

The SPDR S&P MidCap 400 Index Fund 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

The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of October 17, 2018 the SPDR S&P Midcap 400 ETF Trust MSCI ESG Fund Quality Score is 4.24 out of 10.

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. MDY ranks in the 57th percentile within its peer group and in the 12nd percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

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 10/17/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
MDY -5.64% -3.82% 1.56% 6.63% 11.52% 9.76% 14.70%
MDY (NAV) -5.60% -3.78% 1.66% 6.69% 11.52% 9.76% 14.62%
S&P Mid Cap 400 -5.58% -3.72% 1.88% 6.99% 11.86% 10.09% 14.62%
MSCI USA Mid Cap Index -5.63% -3.66% 2.03% 7.53% 10.78% 9.80% 14.88%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

MDY Top 10 Countries

MDY Top 10 Sectors

MDY Top 10 Holdings [View All]

MDY Summary Data

SPDR
05/04/95
Unit Investment Trust
0.24%
$19.68B
$354.52M
0.01%

MDY Portfolio Data

$6.04B
24.39
2.53
1.21%
12/21/18
388

MDY Index Data

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

MDY Portfolio Management

0.24%
-0.34%
-0.30%
-0.43%

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
Bats 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 10/18/18
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

975,446
$354.52M
805,992
$302.06M
0.01%
$0.05
0.01%
0.12% / -0.19%
None
100.00%
25,000
32.24
0.03%
0.08%
41,713
$348.14
5

MDY Sector/Industry Breakdown


MDY
Segment Benchmark
24.27%
20.39%
16.96%
15.81%
14.29%
17.71%
13.25%
16.21%
9.11%
9.15%
7.20%
5.78%
4.97%
3.93%
4.65%
5.25%
3.94%
2.31%
0.37%
0.76%

MDY Countries


MDY
Segment Benchmark
100.00%
99.44%
--
0.56%

MDY Regions


MDY
Segment Benchmark
100.00%
100.00%

MDY Economic Development


MDY
Segment Benchmark
100.00%
100.00%

MDY Performance Statistics

0.94
0.97
0.97
0.97
0.19%
MSCI USA Mid Cap Index

MDY MSCI ESG Ratings

4.24 / 10
56.75
12.13
3.78%
4.44%
210.06

MDY BENCHMARK COMPARISON HOLDINGS

388
320
46
10.05%

MDY BENCHMARK COMPARISON SUMMARY


MDY
Segment Benchmark
388
320
$6.04B
$14.10B
24.39
25.04
2.53
2.91
1.48%
1.46%
Low
--

MDY BENCHMARK COMPARISON MARKET CAP SIZE


MDY
Segment Benchmark
1.85%
54.95%
91.13%
45.05%
7.02%
0.00%
0.00%
0.00%

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