MDY - ETF AI Analysis
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SPDR S&P Midcap 400 ETF Trust (MDY)
Rating:70Outperform
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has delivered solid gains so far this year and over the past few months, showing healthy momentum for investors.
Strong-Performing Top Holdings
Many of the largest positions, such as TechnipFMC, Carpenter Technology, and ATI, have seen strong gains this year, helping drive the fund’s returns.
Broad Sector Diversification
Holdings spread across industrials, technology, financials, consumer sectors, health care, and more help reduce the impact if any one industry struggles.
Negative Factors
Heavy U.S. Concentration
With almost all assets in U.S. companies, the fund offers little geographic diversification and is highly tied to the U.S. economy.
Mid-Cap Volatility Risk
Because it focuses on mid-sized companies, the ETF can be more volatile than large-cap funds, leading to larger price swings.
Moderate Expense Ratio
The fund’s expense ratio is not especially low, so fees may be higher than some cheaper index ETFs and can slightly reduce net returns over time.
MDY vs. SPDR S&P 500 ETF (SPY)
AUM26.53B
RegionNorth America
Expense Ratio0.24%
Beta0.92
IssuerSPDR
Inception DateMay 04, 1995
Dividend Yield1.02%
Asset ClassEquity
Index TrackedS&P Mid Cap 400
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume613,139
30 Day Avg. Volume688,600
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
812.99Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering400
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
MDY Summary
The SPDR S&P Midcap 400 ETF Trust (MDY) is a fund that follows the S&P MidCap 400 Index, which is made up of 400 medium‑sized U.S. companies. It spreads your money across many sectors like industrials, technology, and financials, with holdings such as Twilio and Illumina. Investors might consider MDY if they want a mix of growth and stability, since mid-sized companies can still grow but are usually more established than small startups. A key risk is that the value of this ETF can rise and fall with the overall stock market, especially U.S. mid-cap stocks.
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 is being powered by a trio of rising industrial and tech names: Carpenter Technology, ATI, and TechnipFMC, all of which have been climbing steadily and giving the fund a solid lift. Illumina and Twilio add a growth-tech flavor, with both trending higher but facing some valuation questions. On the flip side, nVent Electric and Woodward have shown more mixed, recently lagging action, occasionally acting like a brake on performance. Overall, the ETF leans into U.S. mid-cap industrials and technology, with broad sector diversification across the domestic market.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Illumina | 0.86% | $228.74M | $29.48B | 99.68% | 71 Outperform | |
| Twilio | 0.81% | $213.62M | $28.57B | 48.02% | 70 Neutral | |
| TechnipFMC | 0.76% | $202.56M | $28.60B | 89.50% | 80 Outperform | |
| Curtiss-Wright | 0.74% | $195.15M | $25.10B | 46.19% | 74 Outperform | |
| Carpenter Technology | 0.70% | $184.49M | $26.36B | 101.98% | 75 Outperform | |
| ATI | 0.69% | $182.99M | $24.28B | 136.42% | 78 Outperform | |
| Everpure | 0.66% | $174.59M | $23.02B | 26.11% | 64 Neutral | |
| Okta | 0.65% | $173.55M | $23.80B | 43.58% | 75 Outperform | |
| nVent Electric | 0.65% | $172.62M | $21.61B | 84.65% | 76 Outperform | |
| XPO | 0.65% | $172.46M | $23.41B | 65.65% | 70 Outperform |
MDY Technical Analysis
Neutral
―
Price Trends
685.53
Positive
663.29
Positive
638.22
Positive
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For MDY, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 689.15, equal to the 50-day MA of 685.53, and equal to the 200-day MA of 638.22, indicating a neutral trend. The MACD of ― indicates undefined momentum. The RSI at ― is undefined, neither overbought nor oversold. The STOCH value of ― is undefined, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for MDY.
MDY Peer Comparison
Comparison Results
Performance Comparison
MDY
SPDR S&P Midcap 400 ETF Trust
686.32
125.56
22.39%
IJH
iShares Core S&P Mid-Cap ETF
―
―
―
VO
Vanguard Mid-Cap ETF
―
―
―
IWR
iShares Russell Midcap ETF
―
―
―
SPMD
SPDR Portfolio S&P 400 Mid Cap ETF
―
―
―
IVOO
Vanguard S&P Mid-Cap 400 ETF
―
―
―
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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