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MDYG - ETF AI Analysis

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MDYG

SPDR S&P 400 Mid Cap Growth ETF (MDYG)

Rating:71Outperform
Price Target:
MDYG, the SPDR S&P 400 Mid Cap Growth ETF, earns a solid overall rating largely because many of its top holdings, such as United Therapeutics and ATI, show strong financial performance, positive earnings commentary, and supportive technical trends that point to continued growth potential. Additional leaders like Woodward and Fabrinet further boost the fund with solid results and strategic actions such as share repurchases and board enhancements, though common concerns about high valuations, overbought technical signals, and company-specific risks like leverage, legal challenges, and regulatory uncertainty mean investors should be aware that growth comes with elevated risk, especially in a concentrated group of mid-cap growth names.
Positive Factors
Strong Recent Performance
The ETF has shown strong gains over the year so far and in recent months, indicating solid momentum.
Leading Holdings Performing Well
Many of the top stocks in the fund have delivered strong year-to-date returns, helping drive overall results.
Low Expense Ratio
The fund’s relatively low annual fee means more of the investment returns stay in investors’ pockets over time.
Negative Factors
Heavy U.S. Focus
With almost all assets in U.S. companies, the ETF offers little geographic diversification outside the United States.
Sector Concentration in Industrials and Technology
A large portion of the portfolio is in industrial and technology stocks, which can increase risk if these sectors face a downturn.
Mid-Cap Growth Volatility
Because it targets mid-sized growth companies, the fund may experience larger price swings than more conservative, broad-market ETFs.

MDYG vs. SPDR S&P 500 ETF (SPY)

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 Flex and TechnipFMC. Someone might invest in MDYG to seek long-term growth and diversify beyond large, blue-chip stocks by adding mid-sized companies that may still have room to expand. 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 is leaning hard into U.S. industrial and tech names, and that’s where most of the action is. Mid-cap industrials like XPO and MasTec have been powering ahead, giving the fund a solid tailwind, while materials plays such as Carpenter Technology and ATI are also rising and adding extra lift. On the tech side, Fabrinet and Flex have been steady climbers, reinforcing the growth story. With no single stock dominating but a clear tilt toward U.S. industrial and technology growth, the fund’s fate is tied to that mid-cap economic engine.
Name
Company Name
Weight %
Market Value
Market Cap
Yearly Gain
Overall Rating
Flex1.92%$51.88M$33.61B156.71%
74
Outperform
TechnipFMC1.72%$46.67M$29.91B161.56%
80
Outperform
Curtiss-Wright1.51%$40.84M$26.48B111.86%
74
Outperform
XPO1.49%$40.45M$26.26B125.57%
70
Outperform
Fabrinet1.47%$39.84M$25.80B237.27%
78
Outperform
United Therapeutics1.39%$37.69M$24.86B90.88%
79
Outperform
MasTec1.32%$35.63M$29.65B205.85%
74
Outperform
nVent Electric1.31%$35.41M$22.99B159.73%
76
Outperform
Everpure1.28%$34.58M$23.60B63.00%
64
Neutral
Twilio1.24%$33.65M$21.79B49.03%
70
Neutral

MDYG Technical Analysis

Technical Analysis Sentiment
Positive
Last Price
Price Trends
50DMA
99.77
Positive
100DMA
98.04
Positive
200DMA
94.20
Positive
Market Momentum
MACD
1.41
Positive
RSI
60.02
Neutral
STOCH
36.03
Neutral
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 102.53, equal to the 50-day MA of 99.77, and equal to the 200-day MA of 94.20, indicating a bullish trend. The MACD of 1.41 indicates Positive momentum. The RSI at 60.02 is Neutral, neither overbought nor oversold. The STOCH value of 36.03 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MDYG.

MDYG Peer Comparison

Comparison Results
Name
Price
Price Target
AUM
Expense Ratio
Overall Rating
$2.69B0.15%
71
Outperform
$10.56B0.17%
72
Outperform
$8.48B0.18%
69
Neutral
$6.70B0.35%
73
Outperform
$3.45B0.06%
70
Neutral
$1.56B0.10%
71
Outperform
Performance Comparison
Ticker
Company Name
Price
Change
% Change
MDYG
SPDR S&P 400 Mid Cap Growth ETF
104.06
22.90
28.22%
IJK
iShares S&P Mid-Cap 400 Growth ETF
IJJ
iShares S&P Mid-Cap 400 Value ETF
XMMO
Invesco S&P MidCap Momentum ETF
IMCG
iShares Morningstar Mid-Cap Growth ETF
IVOG
Vanguard S&P Mid-Cap 400 Growth 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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