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SPMD - ETF AI Analysis
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SPDR Portfolio S&P 400 Mid Cap ETF (SPMD)
Rating:70Neutral
Price Target:―
Positive Factors
Broad Mid-Cap Diversification
The fund spreads its investments across many mid-sized companies and sectors, which helps reduce the impact of any single stock or industry.
Very Low Expense Ratio
The ETF charges a very low fee, so more of the fund’s returns stay in investors’ pockets instead of going to costs.
Generally Strong Recent Performance
The fund has shown steady gains over the past month, three months, and year-to-date, supported by several strong-performing top holdings.
Negative Factors
Heavy U.S. Concentration
Almost all of the fund’s assets are invested in U.S. companies, offering very little geographic diversification.
Exposure to Cyclical Sectors
Significant weights in industrials, financials, and consumer cyclical stocks mean the fund can be sensitive to economic slowdowns.
Some Lagging Individual Holdings
A few top positions have shown weaker recent performance, which can drag on overall returns if those stocks continue to struggle.
SPMD vs. SPDR S&P 500 ETF (SPY)
AUM15.86B
RegionNorth America
Expense Ratio0.03%
Beta0.93
IssuerSPDR
Inception DateNov 08, 2005
Dividend Yield1.3%
Asset ClassEquity
Index TrackedS&P Mid Cap 400
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume2,592,868
30 Day Avg. Volume2,624,633
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
68.77Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering401
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SPMD Summary
SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) is a fund that follows the S&P MidCap 400 Index, which is made up of medium‑sized U.S. companies. These firms are generally past the start‑up phase but still have room to grow. The ETF holds a wide mix of sectors like industrials, technology, and financials, with companies such as Illumina and Royal Gold among its top positions. Someone might invest in SPMD to add diversification and growth potential to a U.S. stock portfolio. A key risk is that mid-cap stocks can be more volatile and can go up and down with the overall market.
How much will it cost me?The SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) has an expense ratio of 0.03%, which means you’ll pay $0.30 per year for every $1,000 invested. This is much lower than average because it is a passively managed fund that tracks the S&P MidCap 400 Index, keeping costs low.
What would affect this ETF?The SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) could benefit from economic growth in the U.S., particularly if mid-cap companies in sectors like Industrials and Technology continue to innovate and expand. However, rising interest rates or economic slowdowns could negatively impact mid-cap firms, especially those in cyclical sectors like Consumer Cyclical and Financials. Regulatory changes or sector-specific challenges in industries like Health Care and Real Estate might also influence the ETF's performance.
SPMD Top 10 Holdings
SPMD’s story is all about U.S. mid-cap movers, with a noticeable tilt toward tech and industrial innovators. Defense and aerospace names like Kratos Defense and Curtiss-Wright are doing the heavy lifting, rising on strong growth prospects and solid guidance. Tech-oriented players such as Ciena and Coherent are also adding fuel, while Illumina and Royal Gold provide a steadier, more defensive backbone. Lumentum’s choppy path and Pure Storage’s recent wobble show not every bet is paying off, but the fund remains broadly diversified across U.S. sectors.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Ciena | 1.01% | $160.87M | $33.98B | 136.19% | 70 Outperform | |
| Coherent Corp | 0.91% | $143.74M | $30.40B | 86.61% | 66 Neutral | |
| Lumentum Holdings | 0.75% | $119.60M | $25.30B | 261.07% | 61 Neutral | |
| Curtiss-Wright | 0.71% | $113.37M | $23.98B | 73.11% | 74 Outperform | |
| Flex | 0.71% | $112.59M | $23.82B | 49.80% | 74 Outperform | |
| Casey's General | 0.71% | $112.25M | $23.67B | 53.37% | 68 Neutral | |
| Royal Gold | 0.67% | $106.36M | $23.44B | 101.57% | 78 Outperform | |
| Illumina | 0.67% | $106.31M | $22.49B | 8.63% | 71 Outperform | |
| Pure Storage | 0.65% | $103.40M | $23.13B | -0.79% | 64 Neutral | |
| Kratos Defense | 0.65% | $102.69M | $21.73B | 248.83% | 60 Neutral |
SPMD Technical Analysis
Positive
―
Price Trends
58.44
Positive
57.69
Positive
55.29
Positive
Market Momentum
0.89
Negative
66.39
Neutral
66.88
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SPMD, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 60.06, equal to the 50-day MA of 58.44, and equal to the 200-day MA of 55.29, indicating a bullish trend. The MACD of 0.89 indicates Negative momentum. The RSI at 66.39 is Neutral, neither overbought nor oversold. The STOCH value of 66.88 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SPMD.
SPMD Peer Comparison
Comparison Results
Performance Comparison
SPMD
SPDR Portfolio S&P 400 Mid Cap ETF
61.73
5.08
8.97%
IJH
iShares Core S&P Mid-Cap ETF
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VO
Vanguard Mid-Cap ETF
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IWR
iShares Russell Midcap ETF
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―
MDY
SPDR S&P Midcap 400 ETF Trust
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IVOO
Vanguard S&P Mid-Cap 400 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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