MDYG
SPDR S&P 400 Mid Cap Growth ETF
SPDR S&P 400 Mid Cap Growth ETF is an exchange-traded fund incorporated in the USA. The Fund's objective is to replicate as closely as possible the performance of the S&P MidCap 400 Growth Index.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
2.8 B
ASSETS UNDER MGMT
15 bp
EXPENSES
Fund Basics
Fund sponsor | SSGA Funds Management Inc |
Category | US |
Asset class | Equity |
Website | link... |
Inception date | Nov 08, 2005 |
Assets (mns) | $2,770 |
Expense ratio | 15 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Quarterly |
Taxation | 1099 |
Stock selection | Fundamental |
Weighting | Market Cap |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | Yes |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
Complete list +
WILLIAMS-SONOMA INC | 1.6 % |
EMCOR GROUP INC | 1.4 % |
LENNOX INTERNATIONAL INC | 1.4 % |
PURE STORAGE, INC. CLASS A | 1.3 % |
CARLISLE COS INC | 1.2 % |
MANHATTAN ASSOCIATES INC | 1.2 % |
WATSCO INC | 1.1 % |
RB GLOBAL INC | 1.1 % |
OWENS CORNING | 1.1 % |
COMFORT SYSTEMS USA INC | 1.0 % |
Constituent Breakdown
Number of holdings | 249 |
Herfindahl-Hirschman Index | 57 |
Wgt avg mkt cap (mns) | $11,307 |
Large cap (>$10bn) | 55.3% |
Mid cap ($2-10bn) | 43.9% |
Small cap (<$2bn) | 0.6% |
Developed mkts. | 100.0% |
Emerging mkts. | 0.0% |
Country Exposure
UNITED STATES | 93.5 % | |
BRITAIN | 1.1 % | |
CAYMAN ISLANDS | 0.6 % |
Historical Performance
Standardized Performance (as of 11/30/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
---|---|---|---|---|---|---|---|
Total Returns | 25.4% | 34.6% | 17.8% | 7.5% | 12.2% | 10.7% | 10.6% | Volatility | 16.3% | 16.4% | 17.4% | 21.2% | 24.8% | 20.3% | -- |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 1.08 | 83% |
MSCI EAFE | 0.98 | 67% |
MSCI Emg Mkts | 0.65 | 29% |
Liquidity Measures
Avg. volume (000) | 107 |
Turnover | 0.3% |
Avg. Bid/Ask (% of price) | 0.06% |
ADV of underlying (mns) | $17,627 |
Technical Indicators
Recent close | $87.67 |
30d moving avg. | $92.72 |
Annualized volatility | 20.8% |
Relative strength (RSI) | 50 |
Short interest (ETF) | 0.2% |
Short interest (underlying) | 4.4% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
Ticker | Fund Name | Overlap vs. MDYG |
Expenses vs. MDYG |
ALTAR Score™ vs. MDYG |
---|---|---|---|---|
MDYG | SPDR S&P 400 Mid Cap Growth ETF | 96.6% | 0 bp | 0.0% |
IVOG | Vanguard S&P Mid-Cap 400 Growth ETF | 95.1% | 0 bp | +0.0% |
MDY | SPDR S&P Midcap 400 ETF Trust | 65.0% | +9 bp | +0.5% |
IJH | iShares Core S&P Mid-Cap ETF | 64.9% | -10 bp | +0.7% |
SPMD | SPDR Portfolio S&P 400 Mid Cap ETF | 63.4% | -12 bp | +0.7% |
IVOO | Vanguard S&P Mid-Cap 400 ETF | 62.5% | -5 bp | +0.6% |
XJH | iShares ESG Screened S&P Mid-Cap ETF | 61.9% | -3 bp | +0.8% |
QVMM | Invesco S&P MidCap 400 QVM Multi-factor ETF | 60.4% | 0 bp | +1.0% |
MIDE | Xtrackers S&P MidCap 400 ESG ETF | 50.8% | 0 bp | +1.1% |
RFG | Invesco S&P Midcap 400 Pure Growth ETF | 47.9% | +20 bp | -0.6% |
Risk and Returns: MDYG vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
---|---|---|---|---|---|---|---|---|
Sales per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Book value per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
2023 | 2024E | Fwd Est | 2025E | |
Price-to-sales | --x | --x | --x | --x |
Price-to-earnings | --x | --x | --x | --x |
Price-to-cash flow | --x | --x | --x | --x |
Price-to-growth | --x | --x | --x | --x |
Price-to-book value | --x | --x | --x | --x |
Yield | --% | --% | --x | --% |
Based on closing prices from 12/20/2024
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Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
MDYG
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
MDYG
6.0%
Cat. Avg
5.6%
ALTAR Score™ Calculation
Category Overview
There are 977 funds in the US Equity category, with an average ALTAR Score™
of 5.6% and a standard deviation of
2.6%. MDYG's ALTAR Score™ is approximately
0.2 standard deviations
above
the category average. This places MDYG in the 56th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
MDYGSELL
U/W
HOLD
O/W
BUY
Expense Analysis
Peer Group | Rules-Based US Equity ETFs |
# of ETFs | 609 |
Avg. Expense Ratio | 46.6 bp |
Std. Deviation | 32.9 bp |
MDYG (15 bp) Percentile rank | 17 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
MDYG | 15.0 | 5.9 | 20.9 |
Peer Avg. | 30.3 | 14.0 | 44.3 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .