Midcap ETFs invest in the equity of companies with market capitalizations of roughly $2 billion to $10 billion. To some, midcap stocks are attractive because of the theoretically greater growth potential than large-caps but also because they have less risk than smaller companies.
With 71 ETFs traded on the U.S. markets, Midcap ETFs have total assets under management of $260.16B. The average expense ratio is 0.38%. Midcap ETFs can be found in the following asset classes:
- Equity
The largest Midcap ETF is the iShares Core S&P Mid-Cap ETF IJH with $63.32B in assets. In the last trailing year, the best-performing Midcap ETF was MYY at 7.93%. The most recent ETF launched in the Midcap space was the Alger Weatherbie Enduring Growth ETF AWEG on 03/07/23.