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MDY - ETF AI Analysis
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SPDR S&P Midcap 400 ETF Trust (MDY)
Rating:70Outperform
Price Target:―
Positive Factors
Broad Mid-Cap Diversification
The ETF holds many mid-sized U.S. companies across different industries, which helps spread out company-specific risk.
Strong Recent Performance
The fund has shown steady gains over the past month, three months, and year-to-date, indicating positive recent momentum.
Generally Strong Top Holdings
Most of the top 10 positions have delivered strong year-to-date results, providing a solid foundation for the fund’s returns.
Negative Factors
Heavy U.S. Concentration
With almost all assets in U.S. stocks, the ETF offers little geographic diversification and is highly tied to the U.S. economy.
Sector Tilts Toward Industrials and Financials
Large weights in industrials and financials mean the fund could be more sensitive if these sectors face a downturn.
Moderate Expense Ratio
The fund’s expense ratio is not especially low for a broad index ETF, which slightly reduces the net return to investors over time.
MDY vs. SPDR S&P 500 ETF (SPY)
AUM23.97B
RegionNorth America
Expense Ratio0.24%
Beta0.94
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. Volume1,609,982
30 Day Avg. Volume1,045,649
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
742.21Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering400
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
MDY Summary
MDY is an ETF that follows the S&P MidCap 400 Index, which is made up of medium-sized U.S. companies across many industries like industrials, technology, and finance. It holds well-known names such as Illumina and Royal Gold, giving you a broad mix instead of betting on a single stock. Investors might consider MDY if they want a balance between the growth potential of smaller companies and the relative stability of larger ones, plus built-in diversification. A key risk is that mid-cap stocks can still be volatile, so the value of MDY can go up and down with the overall stock market.
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
MDY’s story is less about one star and more about a deep bench of solid mid-cap players. Industrial names like XPO and Woodward have been rising and quietly pulling the fund forward, while energy-focused TechnipFMC adds extra fuel with strong recent momentum. Tech-oriented holdings such as Lumentum and Coherent are also climbing, though their rich valuations mean the ride can be bumpy. Pure Storage looks more mixed, occasionally losing steam. Overall, the ETF is broadly diversified across U.S. sectors, with a tilt toward industrials and tech rather than any single company or theme.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Lumentum Holdings | 1.34% | $319.40M | $43.99B | 921.88% | 61 Neutral | |
| Coherent Corp | 1.16% | $277.25M | $45.23B | 286.65% | 66 Neutral | |
| TechnipFMC | 0.78% | $184.93M | $25.01B | 135.92% | 80 Outperform | |
| Curtiss-Wright | 0.77% | $183.43M | $25.08B | 116.55% | 74 Outperform | |
| Casey's General | 0.77% | $183.19M | $24.90B | 75.01% | 68 Neutral | |
| Flex | 0.72% | $171.15M | $23.27B | 88.32% | 74 Outperform | |
| United Therapeutics | 0.70% | $167.75M | $23.35B | 74.47% | 79 Outperform | |
| Royal Gold | 0.67% | $159.86M | $22.88B | 75.74% | 78 Outperform | |
| Woodward | 0.67% | $158.63M | $21.57B | 104.56% | 79 Outperform | |
| XPO | 0.66% | $156.91M | $21.42B | 72.27% | 70 Outperform |
MDY Technical Analysis
Negative
―
Price Trends
638.04
Negative
617.77
Negative
597.51
Positive
Market Momentum
-6.30
Positive
31.65
Neutral
13.74
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For MDY, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 642.67, equal to the 50-day MA of 638.04, and equal to the 200-day MA of 597.51, indicating a neutral trend. The MACD of -6.30 indicates Positive momentum. The RSI at 31.65 is Neutral, neither overbought nor oversold. The STOCH value of 13.74 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for MDY.
MDY Peer Comparison
Comparison Results
Performance Comparison
MDY
SPDR S&P Midcap 400 ETF Trust
611.01
73.74
13.72%
IJH
iShares Core S&P Mid-Cap ETF
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VO
Vanguard Mid-Cap ETF
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―
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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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―
―
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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