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SPMD - ETF AI Analysis
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SPDR Portfolio S&P 400 Mid Cap ETF (SPMD)
Rating:69Neutral
Price Target:
$63.00
Positive Factors
Strong Top Holdings
Several of the ETF's largest positions, such as Comfort Systems and Ciena, have delivered strong year-to-date performance, supporting overall returns.
Low Expense Ratio
The ETF has an exceptionally low expense ratio, making it cost-effective for investors compared to similar funds.
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 focused on U.S. companies, with minimal exposure to international markets, limiting global diversification.
Weak Short-Term Performance
Recent one-month performance has been negative, which may concern investors looking for consistent short-term gains.
Small Holdings Impact
Some smaller holdings, such as United Therapeutics, have lagged in performance, potentially dragging down returns.
SPMD vs. SPDR S&P 500 ETF (SPY)
AUM14.22B
RegionNorth America
Expense Ratio0.03%
Beta0.96
IssuerSPDR
Inception DateNov 08, 2005
Dividend Yield1.44%
Asset ClassEquity
Index TrackedS&P Mid Cap 400
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume2,164,553
30 Day Avg. Volume1,867,067
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
66.70Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering403
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SPMD Summary
The SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) is an investment fund that focuses on mid-sized U.S. companies, offering a balance between the growth potential of smaller firms and the stability of larger ones. It tracks the S&P MidCap 400 Index, which includes companies like Pure Storage and Comfort Systems, and covers industries such as technology, industrials, and healthcare. This ETF is a great option for investors looking to diversify their portfolio while benefiting from the growth opportunities of mid-cap stocks. However, new investors should be aware that the value of the ETF can fluctuate with the overall stock market, which means it carries the risk of market volatility.
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
The SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) is leaning heavily on industrials and technology, which together make up a significant chunk of its portfolio. Comfort Systems and Pure Storage are rising stars, with strong financial performance and bullish momentum driving gains, though valuation concerns could temper enthusiasm. Meanwhile, Talen Energy is lagging, weighed down by cash flow challenges despite strategic expansions. The fund’s U.S.-focused mid-cap strategy offers a blend of growth and stability, but its concentration in cyclical sectors like industrials may leave it vulnerable to broader economic swings.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Comfort Systems | 1.04% | $147.40M | $32.08B | 103.95% | 80 Outperform | |
| Ciena | 0.88% | $124.76M | $27.04B | 188.04% | 70 Outperform | |
| Pure Storage | 0.85% | $120.91M | $27.80B | 69.93% | 72 Outperform | |
| Flex | 0.73% | $103.65M | $22.18B | 58.48% | 74 Outperform | |
| Coherent Corp | 0.70% | $99.70M | $21.90B | 45.85% | 67 Neutral | |
| United Therapeutics | 0.68% | $97.10M | $20.08B | 31.38% | 79 Outperform | |
| Curtiss-Wright | 0.67% | $95.66M | $20.34B | 53.98% | 78 Outperform | |
| Casey's General | 0.65% | $92.11M | $20.01B | 32.56% | 70 Outperform | |
| Twilio | 0.62% | $88.54M | $19.01B | 24.70% | 70 Neutral | |
| RB Global | 0.61% | $86.78M | $18.84B | 4.76% | ― |
SPMD Technical Analysis
Negative
―
Price Trends
57.09
Negative
56.40
Negative
54.14
Positive
Market Momentum
-0.22
Positive
36.82
Neutral
21.74
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SPMD, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 56.94, equal to the 50-day MA of 57.09, and equal to the 200-day MA of 54.14, indicating a neutral trend. The MACD of -0.22 indicates Positive momentum. The RSI at 36.82 is Neutral, neither overbought nor oversold. The STOCH value of 21.74 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SPMD.
SPMD Peer Comparison
Comparison Results
Performance Comparison
SPMD
SPDR Portfolio S&P 400 Mid Cap ETF
55.21
-0.37
-0.67%
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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