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MDYG - ETF AI Analysis
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SPDR S&P 400 Mid Cap Growth ETF (MDYG)
Rating:70Outperform
Price Target:
$100.00
Positive Factors
Strong Top Holdings
Several top holdings, like Comfort Systems and BWX Technologies, have delivered strong year-to-date performance, supporting the ETF's overall returns.
Low Expense Ratio
The ETF has a very low expense ratio compared to many other funds, making it cost-efficient for investors.
Sector Diversification
The ETF is spread across multiple sectors, including Industrials, Technology, and Financials, reducing reliance on any single industry.
Negative Factors
High Geographic Concentration
The ETF is heavily concentrated in U.S. companies, offering little exposure to international markets.
Lagging Holdings
Some holdings, like Burlington Stores and RB Global, have underperformed year-to-date, which could drag on overall performance.
Sector Overweight in Industrials
The ETF has a significant allocation to Industrials, which could increase risk if this sector faces challenges.
MDYG vs. SPDR S&P 500 ETF (SPY)
AUM2.39B
RegionNorth America
Expense Ratio0.15%
Beta1.04
IssuerState Street
Inception DateNov 08, 2005
Dividend Yield0.79%
Asset ClassEquity
Index TrackedS&P Mid Cap 400 Growth
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume78,227
30 Day Avg. Volume84,791
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
107.68Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering248
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
MDYG Summary
The SPDR S&P 400 Mid Cap Growth ETF (MDYG) is an investment fund that focuses on mid-sized U.S. companies with strong growth potential. It follows the S&P MidCap 400 Growth Index, which includes businesses that are agile and expanding. Some of its top holdings include Pure Storage, a tech company, and Comfort Systems, which operates in the industrial sector. This ETF is a good option for investors looking to diversify their portfolios with companies that balance stability and growth. However, new investors should know that mid-cap stocks can be more volatile than larger companies, meaning their prices may rise and fall quickly.
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
The SPDR S&P 400 Mid Cap Growth ETF (MDYG) leans heavily into industrials and technology, with names like Comfort Systems and Pure Storage driving steady growth thanks to robust financial performance and bullish momentum. BWX Technologies has also been rising, benefiting from strategic acquisitions and a strong backlog. However, Nutanix and RB Global are lagging, with bearish trends and valuation concerns weighing on their performance. With its U.S.-focused portfolio and mid-cap agility, MDYG is positioned to capture growth, though its reliance on a few sectors could amplify risks if market conditions shift.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Comfort Systems | 2.05% | $48.64M | $33.72B | 116.10% | 80 Outperform | |
| Pure Storage | 1.80% | $42.71M | $31.25B | 79.42% | 76 Outperform | |
| Curtiss-Wright | 1.35% | $31.93M | $22.08B | 55.09% | 77 Outperform | |
| Coherent Corp | 1.22% | $28.91M | $20.05B | 45.54% | 61 Neutral | |
| Twilio | 1.22% | $28.83M | $19.71B | 45.53% | 71 Outperform | |
| United Therapeutics | 1.21% | $28.59M | $18.83B | 12.57% | 79 Outperform | |
| Nutanix | 1.14% | $27.16M | $18.97B | 4.37% | 61 Neutral | |
| Guidewire | 1.14% | $27.12M | $18.83B | 10.38% | 69 Neutral | |
| RB Global | 1.12% | $26.48M | $18.29B | 9.28% | ― | |
| BWX Technologies | 1.12% | $26.48M | $18.32B | 67.43% | 73 Outperform |
MDYG Technical Analysis
Neutral
―
Price Trends
91.52
Negative
89.81
Positive
86.24
Positive
Market Momentum
-0.03
Positive
44.66
Neutral
17.35
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For MDYG, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 91.33, equal to the 50-day MA of 91.52, and equal to the 200-day MA of 86.24, indicating a neutral trend. The MACD of -0.03 indicates Positive momentum. The RSI at 44.66 is Neutral, neither overbought nor oversold. The STOCH value of 17.35 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for MDYG.
MDYG Peer Comparison
Comparison Results
Performance Comparison
MDYG
SPDR S&P 400 Mid Cap Growth ETF
90.44
-0.69
-0.76%
IJK
iShares S&P Mid-Cap 400 Growth ETF
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IJJ
iShares S&P Mid-Cap 400 Value ETF
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XMHQ
Invesco S&P MidCap Quality 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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