SPDR MidCap Trust Series Price, Forecast, Insider, Ratings, Fundamentals & Signals

SPDR S&P MidCap 400 ETF Trust is an ETF that invests in 400 mid-sized US companies. MDY was one of the first ETFs in 1995 and has amassed $21.3 billion in assets under management. While mid-cap stocks have historically outperformed large-cap stocks, this trend has reversed in the past 5 years.

Mega-cap tech performance dominates headlines and markets this quarter. It makes it easy to overlook opportunities beyond the biggest names, but investors should ensure they aren't leaving out midcaps when constructing diversified equity portfolios.

If you're interested in broad exposure to the Mid Cap Blend segment of the US equity market, look no further than the SPDR S&P MidCap 400 ETF (MDY), a passively managed exchange traded fund launched on 05/04/1995.

XMMO: This Mid-Cap Momentum ETF Is Surging, But Expect A Bumpy Ride Ahead

The valuation gap between large caps and mid-caps widened in January as large-caps stocks outperformed mid-sized equities. I see the SPDR S&P Mid-Cap ETF as a relative value compared to large caps, while the ETF's absolute valuation is likewise attractive. MDY is priced right with a diverse sector allocation.

Launched on 05/04/1995, the SPDR S&P MidCap 400 ETF (MDY) is a passively managed exchange traded fund designed to provide a broad exposure to the Mid Cap Blend segment of the US equity market.

The SPDR S&P MidCap 400 ETF (MDY) was launched on 05/04/1995, and is a passively managed exchange traded fund designed to offer broad exposure to the Mid Cap Blend segment of the US equity market.

The Fed's decision to pause its tightening cycle has sparked a bullish sentiment in the equity markets. Speculative institutions have been investing heavily in equities, particularly in the tech and consumer discretionary sectors. The SPDR S&P MidCap 400 ETF offers exposure to mid-cap equities and has a balanced weighting that may provide upside potential without sharp drawdowns.

MDY is a well-established, well-diversified mid-cap blend ETF with $17.3 billion in assets under management and a 0.23% expense ratio. This article evaluates MDY against three S&P MidCap 400 alternatives. The goal is to identify whether MDY's plain-vanilla strategy is superior to ETFs using revenue, GARP, or multi-factor strategies and weighting schemes. I discovered some pros and cons to consider. MDY is reasonably low-risk, evidenced by its lower five-year beta and strong diversification. Shareholders would benefit from a secular change, as mid-caps have underperformed large-caps in the last 8-10 years.

Designed to provide broad exposure to the Mid Cap Blend segment of the US equity market, the SPDR S&P MidCap 400 ETF (MDY) is a passively managed exchange traded fund launched on 05/04/1995.