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MDY - ETF AI Analysis
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SPDR S&P Midcap 400 ETF Trust (MDY)
Rating:70Neutral
Price Target:―
Positive Factors
Strong Top Holdings
Several of the ETF's largest positions, such as Comfort Systems and Ciena, have delivered strong year-to-date performance, boosting overall returns.
Sector Diversification
The ETF is spread across 11 sectors, with significant exposure to Industrials, Technology, and Financials, helping to balance risks.
Reasonable Expense Ratio
The fund’s expense ratio of 0.24% is competitive for its category, allowing investors to retain more of their returns.
Negative Factors
High U.S. Concentration
With nearly 99% of its holdings in U.S. companies, the ETF lacks geographic diversification and is sensitive to domestic market conditions.
Mixed Performance in Top Holdings
Some top holdings, such as United Therapeutics and Coherent Corp, have shown weak year-to-date performance, which could weigh on the fund.
Sector Overweight Risk
Industrials and Technology make up a large portion of the portfolio, increasing vulnerability to sector-specific downturns.
MDY vs. SPDR S&P 500 ETF (SPY)
AUM24.67B
RegionNorth America
Expense Ratio0.24%
Beta0.93
IssuerSPDR
Inception DateMay 04, 1995
Dividend Yield1.13%
Asset ClassEquity
Index TrackedS&P Mid Cap 400
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume665,191
30 Day Avg. Volume933,513
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
704.13Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering401
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
MDY Summary
The SPDR S&P Midcap 400 ETF Trust (MDY) is an exchange-traded fund that tracks the S&P MidCap 400 Index, which includes 400 medium-sized U.S. companies across various industries. These companies, like Pure Storage and Comfort Systems, are often seen as a balance between the growth potential of small companies and the stability of large ones. Investing in MDY can be a good way to diversify your portfolio and tap into the growth opportunities of mid-sized businesses. However, new investors should know that the ETF’s performance can go up and down with the overall market, as it represents a broad range of industries.
How much will it cost me?The SPDR S&P Midcap 400 ETF Trust (MDY) has an expense ratio of 0.24%, meaning you’ll pay $2.40 per year for every $1,000 invested. This is slightly higher than average for ETFs because it tracks a mid-cap index, which may require more active management compared to broad large-cap indexes. However, it’s still considered affordable for the diversification and growth potential it offers.
What would affect this ETF?The SPDR S&P Midcap 400 ETF Trust (MDY) could benefit from economic growth in the U.S., as mid-cap companies often thrive during periods of expansion and innovation, particularly in sectors like Industrials and Technology, which have significant weight in the fund. However, rising interest rates or economic slowdowns could negatively impact mid-cap stocks, especially in sectors like Financials and Consumer Cyclical, which are sensitive to borrowing costs and consumer spending. Regulatory changes or geopolitical tensions could also influence the performance of specific industries within the ETF.
MDY Top 10 Holdings
The SPDR S&P Midcap 400 ETF Trust (MDY) is leaning heavily on industrials and technology, which together make up a significant portion of the fund. Comfort Systems and Ciena are rising stars, with strong financial performance and bullish momentum driving gains. Lumentum Holdings is also shining, benefiting from growth in AI and cloud infrastructure. However, Pure Storage is lagging, with bearish technical signals weighing on its outlook. With its U.S.-focused, mid-cap positioning, the fund offers a dynamic mix of growth opportunities, though its sector tilt could amplify volatility in tech-heavy markets.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Ciena | 1.03% | $253.58M | $33.66B | 181.14% | 70 Outperform | |
| Coherent Corp | 0.91% | $223.44M | $29.71B | 99.30% | 66 Neutral | |
| Lumentum Holdings | 0.81% | $198.71M | $26.42B | 344.43% | 61 Neutral | |
| Flex | 0.71% | $174.01M | $23.13B | 61.95% | 74 Outperform | |
| United Therapeutics | 0.66% | $162.87M | $21.65B | 40.62% | 79 Outperform | |
| Twilio | 0.66% | $161.39M | $21.46B | 30.29% | 70 Neutral | |
| Pure Storage | 0.65% | $160.70M | $22.59B | 9.52% | 64 Neutral | |
| Casey's General | 0.64% | $158.55M | $21.01B | 42.20% | 68 Neutral | |
| Curtiss-Wright | 0.63% | $155.92M | $20.73B | 57.12% | 74 Outperform | |
| Illumina | 0.63% | $154.57M | $20.55B | 0.68% | 71 Outperform |
MDY Technical Analysis
Positive
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Price Trends
597.04
Positive
593.39
Positive
568.53
Positive
Market Momentum
5.27
Negative
56.56
Neutral
63.03
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For MDY, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 608.30, equal to the 50-day MA of 597.04, and equal to the 200-day MA of 568.53, indicating a bullish trend. The MACD of 5.27 indicates Negative momentum. The RSI at 56.56 is Neutral, neither overbought nor oversold. The STOCH value of 63.03 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MDY.
MDY Peer Comparison
Comparison Results
Performance Comparison
MDY
SPDR S&P Midcap 400 ETF Trust
611.55
50.02
8.91%
IJH
iShares Core S&P Mid-Cap ETF
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VO
Vanguard Mid-Cap ETF
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IWR
iShares Russell Midcap ETF
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―
SPMD
SPDR Portfolio S&P 400 Mid Cap ETF
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―
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IVOO
Vanguard S&P Mid-Cap 400 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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