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MMID - ETF AI Analysis

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MMID

MFS Active Mid Cap ETF (MMID)

Rating:62Neutral
Price Target:
MMID, the MFS Active Mid Cap ETF, has a solid overall rating driven by several high-quality holdings with strong financial performance and growth prospects, such as TSMC and Novartis, which benefit from leadership in advanced technologies and robust, profitable product portfolios. Additional support comes from diversified names like Rio Tinto and Kinross Gold, which combine healthy balance sheets with attractive growth or income potential. The main risk is that the fund still holds some positions with tempered outlooks, such as British American Tobacco and certain financials facing leverage or cash flow challenges, which can weigh on the rating.
Positive Factors
Strong Recent Short-Term Performance
The ETF has shown strong gains over the past month, indicating positive recent momentum.
Solid Year-to-Date Return
Year-to-date performance is positive, suggesting the fund has generally rewarded investors so far this year.
Globally Diversified Portfolio
Holdings spread across the U.S., Europe, and Asia help reduce the impact of weakness in any single country or region.
Negative Factors
Relatively High Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, which can eat into long-term returns.
Small Asset Base
With a relatively modest amount of assets under management, the ETF may face higher trading spreads and a greater risk of closure than larger funds.
Mixed Performance Among Top Holdings
While several major positions have performed strongly, a few key holdings have been weak, which can create uneven results.

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

MMID Summary

The MFS Active Mid Cap ETF (MMID) is an actively managed fund that focuses on mid-sized companies, mainly in the U.S. but also across countries like Japan, the UK, and Canada. It doesn’t track a fixed index; instead, managers pick stocks they believe have solid finances and room to grow. The fund spreads money across many sectors, including financials, technology, and industrials, and holds well-known names like TSMC and ASML. Investors might consider MMID for growth and diversification beyond large, familiar brands. A key risk is that mid-cap stocks can be more volatile and can go up and down sharply with the market.
How much will it cost me?The MFS Active Mid Cap ETF (MMID) has an expense ratio of 0.59%, which means you’ll pay $5.90 per year for every $1,000 invested. This is higher than average because the fund is actively managed, meaning professional managers are selecting stocks rather than following a passive index.
What would affect this ETF?The MFS Active Mid Cap ETF (MMID) could benefit from economic growth and innovation in the U.S., particularly in sectors like technology and industrials, which make up a significant portion of its holdings. However, it may face challenges from rising interest rates, which could impact mid-cap companies' borrowing costs, and sector-specific risks such as regulatory changes in energy or healthcare. The fund's focus on U.S. mid-cap companies also makes it sensitive to domestic economic conditions and market volatility.

MMID Top 10 Holdings

This mid-cap ETF is leaning heavily on global growth engines, with chip giant TSMC and equipment maker ASML doing much of the heavy lifting as semiconductor demand stays hot. Rio Tinto and Kinross Gold add a rising commodities twist, helping when markets favor hard assets. On the flip side, Tencent has been lagging and British American Tobacco is losing steam, acting as mild brakes on performance. Despite its U.S. mid-cap mandate, the top holdings are a global mix, giving the fund an international flavor atop its core North American base.
Name
Company Name
Weight %
Market Value
Market Cap
Yearly Gain
Overall Rating
TSMC4.82%$17.44M$1.86T108.19%
81
Outperform
2.13%$7.70M
ASML Holding NV1.84%$6.67M€499.10B95.45%
76
Outperform
Rio Tinto1.54%$5.56M£134.45B66.08%
82
Outperform
Toyota Tsusho1.40%$5.05M¥7.83T87.21%
77
Outperform
Novartis AG1.30%$4.71MCHF213.01B27.56%
80
Outperform
British American Tobacco1.22%$4.42M£105.21B52.62%
71
Outperform
BNP Paribas1.19%$4.32M€98.59B15.92%
77
Outperform
Toronto Dominion Bank1.16%$4.19M$182.13B67.38%
74
Outperform
Tencent Holdings1.10%$3.97M$526.45B-10.34%
76
Outperform

MMID Technical Analysis

Technical Analysis Sentiment
Negative
Last Price
Price Trends
50DMA
25.12
Negative
100DMA
25.45
Negative
200DMA
Market Momentum
MACD
-0.12
Positive
RSI
35.29
Neutral
STOCH
2.37
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For MMID, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 25.48, equal to the 50-day MA of 25.12, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of -0.12 indicates Positive momentum. The RSI at 35.29 is Neutral, neither overbought nor oversold. The STOCH value of 2.37 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for MMID.

MMID Peer Comparison

Comparison Results
Name
Price
Price Target
AUM
Expense Ratio
Overall Rating
$33.07M0.59%
62
Neutral
$95.12M0.45%
66
Neutral
$46.44M0.80%
70
Neutral
$7.71M0.35%
68
Neutral
$4.54M0.88%
69
Neutral
$3.21M0.32%
70
Outperform
Performance Comparison
Ticker
Company Name
Price
Change
% Change
MMID
MFS Active Mid Cap ETF
24.63
0.13
0.53%
MID.ETF
American Century Mid Cap Growth Impact ETF
KMID
Virtus KAR Mid-Cap ETF
MCDS
JPMorgan Fundamental Data Science Mid Core ETF
EPMB
Harbor Mid Cap Core ETF
REMC
Columbia Research Enhanced Mid Cap 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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