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MDYG - ETF AI Analysis
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SPDR S&P 400 Mid Cap Growth ETF (MDYG)
Rating:71Outperform
Price Target:―
Positive Factors
Broad Sector Diversification
The fund spreads its investments across many sectors, which can help reduce the impact if any one industry struggles.
Generally Strong Recent Performance
The ETF has shown steady gains over the past month, three months, and year-to-date, indicating positive recent momentum.
Low Expense Ratio for a Thematic Fund
The fund’s relatively low ongoing fee means more of any returns can stay in investors’ pockets over time.
Negative Factors
Heavy U.S.-Only Exposure
Almost all of the fund’s holdings are in U.S. companies, offering little geographic diversification if the U.S. market weakens.
Concentration in Industrials and Technology
A large share of the portfolio is in industrial and technology stocks, which could hurt performance if these sectors fall out of favor.
Some Top Holdings Are Lagging
At least one of the largest positions has been weak this year, which can drag on overall returns if the stock does not recover.
MDYG vs. SPDR S&P 500 ETF (SPY)
AUM2.58B
RegionNorth America
Expense Ratio0.15%
Beta1.01
IssuerSPDR
Inception DateNov 08, 2005
Dividend Yield0.69%
Asset ClassEquity
Index TrackedS&P Mid Cap 400 Growth
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume66,914
30 Day Avg. Volume91,146
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
114.06Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering241
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
MDYG Summary
The SPDR S&P 400 Mid Cap Growth ETF (MDYG) follows the S&P MidCap 400 Growth Index, focusing on medium‑sized U.S. companies that are growing quickly. It holds a mix of businesses across many sectors, with a tilt toward industrial and technology names. Well‑known holdings include Ciena and Royal Gold. Investors might consider MDYG if they want growth potential from companies that are larger and more established than small caps but still have room to expand, helping diversify a stock portfolio. A key risk is that growth‑focused mid‑cap stocks can be more volatile and can go up and down sharply with the market.
How much will it cost me?The SPDR S&P 400 Mid Cap Growth ETF (MDYG) has an expense ratio of 0.15%, meaning you’ll pay $1.50 per year for every $1,000 invested. This is lower than average because it’s a passively managed fund that tracks the S&P MidCap 400 Growth Index, which helps keep costs down.
What would affect this ETF?The SPDR S&P 400 Mid Cap Growth ETF (MDYG) could benefit from favorable economic conditions that support growth-oriented sectors like technology and industrials, which make up a significant portion of its holdings. However, rising interest rates or economic slowdowns may negatively impact mid-cap companies, as they often rely on borrowing for expansion and are more sensitive to market fluctuations. Additionally, sector-specific challenges, such as regulatory changes in healthcare or shifts in consumer spending, could affect the ETF's performance.
MDYG Top 10 Holdings
MDYG’s story right now is all about U.S. mid-cap growth names, with a clear tilt toward industrials and tech. Defense and aerospace players like Kratos Defense and Curtiss-Wright are doing the heavy lifting, with Kratos in particular powering ahead and giving the fund a nice tailwind. Tech hardware and optical names such as Coherent and Ciena are also rising, helping keep momentum intact. On the flip side, Pure Storage looks a bit tired and Lumentum has been choppy, occasionally putting a drag on this otherwise energetic mid-cap lineup.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Lumentum Holdings | 2.38% | $61.72M | $42.43B | 732.64% | 61 Neutral | |
| Coherent Corp | 1.98% | $51.53M | $41.98B | 169.57% | 66 Neutral | |
| Curtiss-Wright | 1.43% | $37.26M | $25.47B | 112.64% | 74 Outperform | |
| TechnipFMC | 1.42% | $36.83M | $25.19B | 102.62% | 80 Outperform | |
| Casey's General | 1.38% | $35.82M | $24.38B | 57.68% | 68 Neutral | |
| Flex | 1.37% | $35.59M | $24.20B | 56.18% | 74 Outperform | |
| XPO | 1.34% | $34.83M | $23.78B | 53.57% | 70 Outperform | |
| Woodward | 1.33% | $34.42M | $23.39B | 105.76% | 79 Outperform | |
| Pure Storage | 1.28% | $33.20M | $23.97B | 8.54% | 64 Neutral | |
| Royal Gold | 1.27% | $32.91M | $23.44B | 78.52% | 78 Outperform |
MDYG Technical Analysis
Positive
―
Price Trends
96.44
Positive
93.77
Positive
90.61
Positive
Market Momentum
1.12
Negative
63.63
Neutral
83.07
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For MDYG, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 98.60, equal to the 50-day MA of 96.44, and equal to the 200-day MA of 90.61, indicating a bullish trend. The MACD of 1.12 indicates Negative momentum. The RSI at 63.63 is Neutral, neither overbought nor oversold. The STOCH value of 83.07 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MDYG.
MDYG Peer Comparison
Comparison Results
Performance Comparison
MDYG
SPDR S&P 400 Mid Cap Growth ETF
100.90
16.08
18.96%
IJK
iShares S&P Mid-Cap 400 Growth ETF
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―
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IJJ
iShares S&P Mid-Cap 400 Value ETF
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XMMO
Invesco S&P MidCap Momentum ETF
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IMCG
iShares Morningstar Mid-Cap Growth ETF
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IVOG
Vanguard S&P Mid-Cap 400 Growth 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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