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AMID - ETF AI Analysis
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Argent Mid Cap ETF (AMID)
Rating:72Outperform
Price Target:―
Positive Factors
Solid Recent Performance
The ETF has shown steady gains over the past month, three months, and year-to-date, indicating positive recent momentum.
Strong Mid-Cap Leaders in Top Holdings
Several of the largest positions, such as Medpace, Houlihan Lokey, Comfort Systems, TopBuild, and Victory Capital, have delivered strong year-to-date performance that supports the fund’s returns.
Broad Sector Diversification
Holdings spread across industrials, financials, technology, health care, consumer cyclical, and other sectors help reduce the impact of weakness in any single industry.
Negative Factors
Moderate Expense Ratio
The fund’s expense ratio is not especially low, meaning fees may take a noticeable bite out of long-term returns compared with cheaper ETFs.
High U.S. Concentration
With the vast majority of assets in U.S. companies and only a small slice abroad, the ETF offers limited geographic diversification.
Some Lagging Top Holdings
A few key positions, such as HCA Healthcare and Fortinet, have shown weak year-to-date performance, which can drag on overall fund results if the trend continues.
AMID vs. SPDR S&P 500 ETF (SPY)
AUM102.00M
RegionNorth America
Expense Ratio0.52%
Beta0.94
IssuerArgent
Inception DateAug 17, 2022
Dividend Yield0.37%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume6,784
30 Day Avg. Volume9,342
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
39.30Price 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 mainly in medium‑sized U.S. companies, aiming for a balance of growth and stability. It doesn’t track a set index, but instead follows a mid-cap theme across many sectors like industrials, financials, technology, and health care. Well-known holdings include HCA Healthcare and cybersecurity firm Fortinet. Someone might invest in 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
This U.S.-focused mid-cap fund leans heavily into industrials and financials, with a few standout names doing much of the heavy lifting. Comfort Systems and Fabrinet have been rising sharply, acting as key engines for recent gains, while HCA Healthcare and NRG Energy provide steady support. On the flip side, Medpace has been losing steam, and financial names like LPL Financial and Houlihan Lokey have been lagging, creating some drag. Overall, performance is being driven by a concentrated group of mid-cap growth stories rather than broad market strength.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| HCA Healthcare | 5.22% | $5.32M | $119.18B | 66.87% | 70 Neutral | |
| Comfort Systems | 3.45% | $3.52M | $48.03B | 300.24% | 80 Outperform | |
| Victory Capital Holdings | 3.35% | $3.42M | $4.27B | 15.01% | 80 Outperform | |
| NRG Energy | 3.03% | $3.09M | $32.75B | 60.26% | 69 Neutral | |
| LPL Financial | 2.95% | $3.01M | $23.15B | -10.24% | 66 Neutral | |
| Medpace Holdings | 2.81% | $2.86M | $12.78B | 38.61% | 79 Outperform | |
| US Foods Holding | 2.77% | $2.82M | $20.87B | 44.50% | 74 Outperform | |
| Houlihan Lokey | 2.73% | $2.78M | $9.73B | -12.31% | 70 Outperform | |
| Cintas | 2.55% | $2.60M | $77.69B | 0.75% | 79 Outperform | |
| Murphy USA | 2.54% | $2.59M | $8.47B | 1.23% | 68 Neutral |
AMID Technical Analysis
Negative
―
Price Trends
34.53
Negative
34.28
Negative
33.96
Negative
Market Momentum
-0.52
Positive
30.42
Neutral
19.53
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For AMID, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 34.11, equal to the 50-day MA of 34.53, and equal to the 200-day MA of 33.96, indicating a bearish trend. The MACD of -0.52 indicates Positive momentum. The RSI at 30.42 is Neutral, neither overbought nor oversold. The STOCH value of 19.53 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AMID.
AMID Peer Comparison
Comparison Results
Performance Comparison
AMID
Argent Mid Cap ETF
32.44
1.14
3.64%
AVMV
Avantis U.S. Mid Cap Value ETF
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―
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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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―
―
GLRY
Inspire Faithward Mid Cap Momentum ESG ETF
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―
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AFMC
First Trust Active Factor Mid Cap 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.
Disclaimer
This 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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