SPDR S&P Midcap 400 ETF Trust (MDY)
| Assets | $24.13B |
| Expense Ratio | 0.24% |
| PE Ratio | 19.24 |
| Shares Out | 42.49M |
| Dividend (ttm) | $6.55 |
| Dividend Yield | 1.15% |
| Ex-Dividend Date | Sep 20, 2024 |
| Payout Ratio | 22.28% |
| 1-Year Return | +12.30% |
| Volume | 1,958,669 |
| Open | 563.56 |
| Previous Close | 566.14 |
| Day's Range | 562.80 - 576.21 |
| 52-Week Low | 487.66 |
| 52-Week High | 624.13 |
| Beta | 1.12 |
| Holdings | 401 |
| Inception Date | May 4, 1995 |
About MDY
Fund Home PageThe SPDR S&P Midcap 400 ETF Trust (MDY) is an exchange-traded fund that is based on the S&P Mid Cap 400 index. The fund tracks a market cap-weighted index of mid-cap US companies. MDY was launched on May 4, 1995 and is issued by State Street.
Top 10 Holdings
6.83% of assets| Name | Symbol | Weight |
|---|---|---|
| Williams-Sonoma, Inc. | WSM | 0.80% |
| EMCOR Group, Inc. | EME | 0.75% |
| Illumina, Inc. | ILMN | 0.74% |
| Lennox International Inc. | LII | 0.69% |
| Expand Energy Corporation | CHK | 0.67% |
| DocuSign, Inc. | DOCU | 0.66% |
| Pure Storage, Inc. | PSTG | 0.66% |
| Interactive Brokers Group, Inc. | IBKR | 0.65% |
| Burlington Stores, Inc. | BURL | 0.61% |
| Carlisle Companies Incorporated | CSL | 0.60% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 20, 2024 | $1.650 | Oct 31, 2024 |
| Jun 21, 2024 | $1.997 | Jul 31, 2024 |
| Mar 15, 2024 | $1.014 | Apr 30, 2024 |
| Dec 15, 2023 | $1.891 | Jan 31, 2024 |
| Sep 15, 2023 | $1.555 | Oct 31, 2023 |
| Jun 16, 2023 | $1.513 | Jul 31, 2023 |
News
MDY: The Valuation Case Holds Water For U.S. Mid-Caps
I reiterate a buy rating on the SPDR S&P MIDCAP 400 ETF Trust due to its attractive valuation and solid earnings growth prospects. US mid-caps trade at a P/E ratio of less than 16, offering a value ca...
MDY: Growth Will Outperform The S&P 500 Index
MDY underperformed S&P 500 in the past 3 years, but expected to outperform due to upcoming rate cuts and better earnings growth forecasts. MDY has higher volatility and underperformance due to past hi...
MDY: A Bet On The Return Of Mid-Caps
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...
MDY: 5 Turns Cheaper Than The SPX, Mid-Caps Eye New Highs
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, wh...
MDY: Balance Drawdowns Amid Fresh Risk Appetite For Equities
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 c...
MDY: Well-Diversified, Solid Mid-Cap ETF, But Quality Is Suspect
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 alternati...
Bloodshed On REIT Street: 5 High-Quality Landlords I'm Buying For The Long Haul
Larger REITs have outperformed small- and mid-sized REITs in the last five years, thanks partially to their concentration in high-growth sectors. Modestly leveraged REITs can still grow their bottom-l...
EWMC: Equal Weighting Gains Investors Little Compared To MDY
The SPDR S&P MidCap 400 ETF invests based on the S&P MidCap 400 Index. The Invesco S&P MidCap 400 Equal Weight ETF invests based on the S&P MidCap 400 Equal Weight Index. The article compares MDY agai...
MDY: A Time For Lowered Tech Exposure And Mid-Caps
The SPDR S&P MIDCAP 400 ETF Trust (MDY) is a large ETF targeting the mid-cap blend sector, with over $20 billion in assets. MDY has been volatile and in a downtrend relative to the S&P 500 for over a ...
MDY Poised To Outperform Large Caps Starting Now
The S&P Midcap 400 ETF Trust offers exposure to mid-cap firms with growth potential, financial stability, and steady dividend income. Large-cap equities have outperformed mid-cap equities recently, bu...
MDY: Valuation Is Low And It Is Time To Accumulate
MDY: Valuation Is Low And It Is Time To Accumulate.
Small, Midcap Equity ETFs May Boost Portfolios
These riskier funds pulled in more than $2 billion last month.
State Street to Merge Small Cap ETFs into $7B Behemoth
A $1.8 billion fund will be merged into a $5.2 billion fund.
MDY Vs. SPY: Skipping The Crowd Has Benefits
The SPDR S&P MidCap 400 ETF invests based on the S&P MidCap 400 Index. The SPDR S&P 500 ETF invests based on the S&P 500 Index.
Markets Steady Following A Warm October Jobs Report - MDY Continues To Outperform
263k jobs were created last month while the unemployment rate ticked up. Average hourly earnings remain well below the inflation rate.
MDY Vs. IWR: The Index Followed Makes A Difference
The SPDR S&P MidCap 400 ETF Trust invests based on the S&P MidCap 400® Index.
MDY: Acceptable Quality But Too-High Expenses
MDY is a relatively expensive, 1% yielding investment vehicle offering exposure to a $20.4 billion portfolio encompassing mid-size U.S. companies. MDY is neither a value nor a growth fund.
Style-Box Update: Mega-Cap Growth Reasserts Itself But Value Leads In SMID
Since June 30th, 2021, large-cap growth has reasserted it's leadership, if only slightly, over large-cap value, even though for the small and mid-cap asset classes (SMID) value is still out-performing...
ETF Superpower In The Making
Invesco and State Street together would be a serious ETF superpower threat.
ETF Battles: Small & Midcap Rivalry
ETF.com's Cinthia Murphy takes on ETF PM's David Kreinces on two popular funds.
REIT Earnings Preview: Rents Paid, Dividends Raised
Real estate earnings season kicks off this week with more than 175 equity REITs, 40 equity REITs, and dozens of housing industry companies reporting earnings over the next five weeks. While missed ren...
Pacer Trendpilot Equity ETFs Have Underperformed Since Inception, Best To Avoid
Pacer Trendpilot Equity ETFs Have Underperformed Since Inception, Best To Avoid
