AMID - ETF AI Analysis
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Argent Mid Cap ETF (AMID)
Rating:74Outperform
Price Target:―
Positive Factors
Strong Top Holdings
Several of the largest positions, including companies in technology, industrials, and financials, have shown strong gains this year, helping support the ETF’s overall results.
Balanced Sector Mix
Holdings spread across industrials, technology, financials, health care, and consumer sectors help reduce the impact if any one industry runs into trouble.
Solid Year-To-Date Performance
The fund’s overall performance so far this year has been positive, indicating that its mid-cap stock selection has generally been working well.
Negative Factors
Higher-Than-Average Fees
The expense ratio is on the higher side for an ETF, which means more of your returns go toward covering fund costs.
Heavy U.S. Concentration
With almost all assets invested in U.S. companies, the fund offers little geographic diversification and is highly tied to the U.S. economy.
Mixed Performance Among Top Holdings
Some of the largest positions have shown weak or negative performance this year, which could drag on the fund if those stocks do not recover.
AMID vs. SPDR S&P 500 ETF (SPY)
AUM118.89M
RegionNorth America
Expense Ratio0.52%
Beta0.88
IssuerArgent
Inception DateAug 17, 2022
Dividend Yield0.32%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume11,667
30 Day Avg. Volume7,945
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
42.80Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering46
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
AMID Summary
Argent Mid Cap ETF (AMID) invests in medium‑sized U.S. companies, aiming for a mix of growth and stability. It doesn’t track a specific index, but instead selects a broad range of mid-cap stocks across industries like industrials, technology, finance, and health care. Well-known names in the fund include Hewlett Packard Enterprise and United Rentals. Investors might consider AMID to diversify beyond the biggest blue-chip stocks and tap into companies that are still growing but more established than small caps. A key risk is that mid-cap stocks can be more volatile and can go up and down with the overall stock market.
How much will it cost me?The Argent Mid Cap ETF (AMID) has an expense ratio of 0.52%, meaning you’ll pay $5.20 per year for every $1,000 invested. This is higher than average for ETFs because it is actively managed, which typically involves more research and trading compared to passively managed funds that track an index.
What would affect this ETF?The Argent Mid Cap ETF (AMID) could benefit from economic growth in the U.S., especially if mid-sized companies in sectors like Industrials, Technology, and Health Care continue to innovate and expand. However, rising interest rates or economic slowdowns might negatively impact sectors like Financials and Consumer Cyclical, which are sensitive to borrowing costs and consumer spending. Regulatory changes or shifts in market sentiment could also influence the performance of its top holdings, such as Medpace Holdings and Fortinet.
AMID Top 10 Holdings
AMID leans heavily into U.S. industrials and tech, with names like United Rentals and Comfort Systems acting as key engines; United Rentals has been steadily climbing, while Comfort Systems, despite a strong year, has recently lost a bit of altitude. On the tech side, Monolithic Power and Vertiv have been rising over the longer run, even if their short-term moves look a bit choppy. Financials such as Victory Capital are helping, while LPL Financial is more mixed. Overall, it’s a U.S.-focused, mid-cap story driven by industrial strength and selective tech momentum.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Victory Capital Holdings | 4.79% | $5.53M | $6.65B | 56.98% | 80 Outperform | |
| Comfort Systems | 3.80% | $4.39M | $59.64B | 141.57% | 80 Outperform | |
| Medpace Holdings | 3.38% | $3.89M | $16.49B | 33.94% | 79 Outperform | |
| LPL Financial | 3.25% | $3.75M | $28.55B | 0.39% | 66 Neutral | |
| United Rentals | 3.22% | $3.71M | $72.38B | 30.79% | 73 Outperform | |
| Hewlett Packard Enterprise | 3.01% | $3.47M | $70.47B | 165.56% | 68 Neutral | |
| Monolithic Power | 2.92% | $3.36M | $68.88B | 73.18% | 75 Outperform | |
| US Foods Holding | 2.86% | $3.30M | $23.55B | 38.79% | 74 Outperform | |
| Ametek | 2.55% | $2.94M | $58.15B | 38.55% | 79 Outperform | |
| Axos Financial | 2.53% | $2.92M | $5.69B | 17.50% | 78 Outperform |
AMID Technical Analysis
Positive
―
Price Trends
35.98
Positive
35.11
Positive
34.64
Positive
Market Momentum
0.44
Negative
69.67
Neutral
95.32
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For AMID, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 36.27, equal to the 50-day MA of 35.98, and equal to the 200-day MA of 34.64, indicating a bullish trend. The MACD of 0.44 indicates Negative momentum. The RSI at 69.67 is Neutral, neither overbought nor oversold. The STOCH value of 95.32 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AMID.
AMID Peer Comparison
Comparison Results
Performance Comparison
AMID
Argent Mid Cap ETF
37.66
3.64
10.70%
AVMV
Avantis U.S. Mid Cap Value ETF
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AVMC
Avantis U.S. Mid Cap Equity ETF
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TMVE
Thrivent Mid Cap Value ETF
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AFMC
First Trust Active Factor Mid Cap ETF
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GLRY
Inspire Faithward Mid Cap Momentum ESG ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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