Education
About Us
Working with TipRanks
Follow Us
QMID - ETF AI Analysis
Top Page
WisdomTree U.S. MidCap Quality Growth Fund (QMID)
Rating:70Outperform
Price Target:―
Positive Factors
Strong Top Holdings
Several top holdings, like Credo Technology and Fabrinet, have delivered strong year-to-date performance, supporting the ETF's overall growth.
Sector Diversification
The ETF is spread across multiple sectors, including Industrials, Technology, and Consumer Cyclical, reducing reliance on any single industry.
Reasonable Expense Ratio
The fund's expense ratio of 0.38% is competitive for actively managed ETFs, helping investors retain more of their returns.
Negative Factors
Over-Concentration in U.S. Market
With over 99% exposure to U.S. companies, the ETF lacks geographic diversification and is vulnerable to domestic market risks.
Underperforming Holdings
Some holdings, like Masco, have shown weak year-to-date performance, which could drag on the fund's overall returns.
Heavy Industrials Exposure
Nearly 29% of the portfolio is allocated to Industrials, making the fund sensitive to sector-specific downturns.
QMID vs. SPDR S&P 500 ETF (SPY)
AUM1.47M
RegionNorth America
Expense Ratio0.38%
Beta0.94
IssuerWisdomTree
Inception DateJan 25, 2024
Dividend YieldN/A
Asset ClassEquity
Index TrackedWisdomTree U.S. MidCap Quality Growth Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume146
30 Day Avg. Volume587
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
34.63Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering125
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
QMID Summary
The WisdomTree U.S. MidCap Quality Growth Fund (QMID) is an ETF that focuses on mid-sized U.S. companies with strong financial performance and growth potential. It tracks the WisdomTree U.S. MidCap Quality Growth Index and includes companies like MongoDB and Credo Technology Group. This ETF is ideal for investors looking to diversify their portfolio with mid-cap stocks, which offer a balance between stability and growth opportunities. However, new investors should be aware that the fund’s performance can fluctuate with the market, especially since it is heavily invested in sectors like technology and industrials.
How much will it cost me?The ETF has an expense ratio of 0.38%, which means you’ll pay $3.80 per year for every $1,000 invested. This cost is slightly higher than average because the fund is actively managed, focusing on selecting mid-cap growth companies with strong quality characteristics. Active management typically involves more research and decision-making, which can increase costs.
What would affect this ETF?The WisdomTree U.S. MidCap Quality Growth Fund (QMID) could benefit from continued economic growth and innovation in sectors like technology and industrials, which make up a significant portion of its portfolio. However, rising interest rates or economic slowdowns could negatively impact growth-focused mid-cap companies, as they often rely on favorable borrowing conditions and consumer spending to expand. Regulatory changes or sector-specific challenges in industries like healthcare or consumer cyclical could also influence the fund's performance.
QMID Top 10 Holdings
The WisdomTree U.S. MidCap Quality Growth Fund leans heavily into Industrials and Technology, with names like MongoDB and Credo Technology driving mixed results. MongoDB has shown steady long-term growth but is losing steam in the short term, while Credo’s strong year-to-date performance is tempered by recent bearish trends. Carpenter Technology stands out with rising momentum, fueled by demand in Aerospace and Defense, while Allegion and FTAI Aviation are lagging, holding back the fund’s overall performance. With a U.S.-focused portfolio, this ETF balances growth potential with sector-specific risks.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Samsara | 1.30% | $18.83K | $23.88B | -10.18% | 69 Neutral | |
| Roivant Sciences | 1.28% | $18.63K | $15.37B | 86.66% | 58 Neutral | |
| Neurocrine | 1.26% | $18.34K | $15.24B | 20.60% | 80 Outperform | |
| ATI | 1.26% | $18.31K | $14.80B | 92.85% | 78 Outperform | |
| Domino's Pizza | 1.25% | $18.13K | $14.59B | -4.73% | 68 Neutral | |
| DocuSign | 1.24% | $17.99K | $14.24B | -24.74% | 71 Outperform | |
| Performance Food Group | 1.23% | $17.79K | $14.61B | 5.08% | 64 Neutral | |
| Deckers Outdoor | 1.21% | $17.61K | $14.75B | -51.03% | 79 Outperform | |
| Dick's Sporting Goods | 1.21% | $17.52K | $19.23B | -4.33% | 71 Outperform | |
| Dynatrace | 1.20% | $17.36K | $13.88B | -15.38% | 77 Outperform |
QMID Technical Analysis
Positive
―
Price Trends
28.22
Positive
28.13
Positive
26.92
Positive
Market Momentum
0.29
Negative
60.16
Neutral
85.80
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For QMID, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 28.26, equal to the 50-day MA of 28.22, and equal to the 200-day MA of 26.92, indicating a bullish trend. The MACD of 0.29 indicates Negative momentum. The RSI at 60.16 is Neutral, neither overbought nor oversold. The STOCH value of 85.80 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for QMID.
QMID Peer Comparison
Comparison Results
Performance Comparison
QMID
WisdomTree U.S. MidCap Quality Growth Fund
29.04
0.55
1.93%
AFMC
First Trust Active Factor Mid Cap ETF
―
―
―
MID.ETF
American Century Mid Cap Growth Impact ETF
―
―
―
SFYX
SoFi Next 500 ETF
―
―
―
JMID
Janus Henderson Mid Cap Growth Alpha ETF
―
―
―
AWEG
Alger Weatherbie Enduring 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.
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: ―
Table of Contents