MDY SPDR S&P Midcap 400 ETF Trust

*Unless otherwise stated, data provided by FactSet.

MDY Fund Description

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

MDY Factset Analytics Insight

MDY, as one of the first ETFs to launch in the US, the fund offers extremely liquid exposure to a popular mid-cap index. It is one of several funds tracking the S&P mid-cap 400 Index. Unlike most competitors, 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. Although the fund bills itself as mid-caps 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 mid-cap space.

PERFORMANCE [as of 09/22/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
MDY -9.14% 2.39% -18.72% -13.09% 6.98% 6.72% 10.01%
MDY (NAV) -9.11% 2.46% -18.64% -12.98% 6.98% 6.73% 10.00%
S&P MidCap 400 -- -- -- -- -- -- --
MSCI USA Mid Cap Index -9.42% 1.45% -22.19% -17.64% 7.96% 8.53% 11.06%
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
0.22%
$17.16B
$276.84M
0.02%

MDY Portfolio Data

$6.92B
14.01
2.31
1.41%
09/16/22
402

MDY Index Data

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

MDY Portfolio Management

0.22%
-0.22%
-0.11%
-0.34%

MDY Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

MDY Fund Structure

Unit Investment Trust
No
No
-- / --
N/A
N/A
Low
Daily

MDY Factset Analytics Block Liquidity

As of 09/23/22
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

630,502
$276.84M
569,633
$260.21M
0.02%
$0.11
0.00%
0.62% / -2.22%
None
100.00%
25,000
22.79
0.02%
0.09%
21,211
$416.82
5

MDY Sector/Industry Breakdown


MDY
Segment Benchmark
24.81%
--
10.19%
--
7.07%
--
6.43%
--
5.84%
--
5.27%
--
4.65%
--
4.52%
--
4.21%
--
4.02%
--

MDY Top 10 Holdings[View All]

0.72%
6.84%

MDY Countries


MDY
Segment Benchmark
100.00%
100.00%

MDY Regions


MDY
Segment Benchmark
100.00%
100.00%

MDY Economic Development


MDY
Segment Benchmark
100.00%
100.00%
0.00%
0.00%

MDY Performance Statistics

0.95
0.98
1.00
1.00
0.31%
MSCI USA Mid Cap Index

MDY Benchmark Comparison Holdings

402
330
26
5.17%

MDY Benchmark Comparison Summary


MDY
Segment Benchmark
402
330
$6.92B
$19.60B
14.01
18.26
2.31
2.89
1.40%
1.37%
Low
Low

MDY Benchmark Comparison Market Cap Size


MDY
Segment Benchmark
3.75%
79.22%
92.72%
20.75%
3.04%
0.03%
0.00%
0.00%

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