SPDR Portfolio S&P 400 Mid Cap ETF (SPMD)
| Assets | $13.55B |
| Expense Ratio | 0.03% |
| PE Ratio | 19.27 |
| Shares Out | 244.25M |
| Dividend (ttm) | $0.80 |
| Dividend Yield | 1.45% |
| Ex-Dividend Date | Jun 23, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | 27.81% |
| Volume | 442,331 |
| Open | 55.47 |
| Previous Close | 54.93 |
| Day's Range | 54.61 - 55.49 |
| 52-Week Low | 43.99 |
| 52-Week High | 59.94 |
| Beta | 1.06 |
| Holdings | 404 |
| Inception Date | Nov 8, 2005 |
About SPMD
Fund Home PageThe SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) 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 selected by the S&P Committee. SPMD was launched on Nov 8, 2005 and is issued by State Street.
Top 10 Holdings
7.28% of assets| Name | Symbol | Weight |
|---|---|---|
| EMCOR Group, Inc. | EME | 0.95% |
| Interactive Brokers Group, Inc. | IBKR | 0.94% |
| Comfort Systems USA, Inc. | FIX | 0.83% |
| RB Global, Inc. | RBA | 0.69% |
| US Foods Holding Corp. | USFD | 0.67% |
| Casey's General Stores, Inc. | CASY | 0.66% |
| Curtiss-Wright Corporation | CW | 0.65% |
| Flex Ltd. | FLEX | 0.65% |
| Guidewire Software, Inc. | GWRE | 0.64% |
| Pure Storage, Inc. | PSTG | 0.61% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 23, 2025 | $0.21113 | Jun 25, 2025 |
| Mar 24, 2025 | $0.17957 | Mar 26, 2025 |
| Dec 23, 2024 | $0.20849 | Dec 26, 2024 |
| Sep 23, 2024 | $0.19734 | Sep 25, 2024 |
| Jun 24, 2024 | $0.2077 | Jun 26, 2024 |
| Mar 18, 2024 | $0.1628 | Mar 21, 2024 |
Performance
SPMD had a total return of 10.38% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.26%.
News
SPMD: Considering The Short-Term Risks
I assign a hold rating on SPMD due to short-term macroeconomic risks and likely underperformance versus large-cap funds in the coming months. Mid-cap exposure is structurally defensive, but SPMD's mor...
Some Names I've Bought During Tariff Mayhem
The current high level of uncertainty makes predicting individual company performance on a micro-economic level unrealistic. Instead of sharing an in-depth piece on one long idea, I am sharing a baske...
SPMD: Macroeconomic Environment Turning More Favorable
SPMD's near-term outlook is favorable due to receding inflation and a new rate-cut cycle, making it a buy-rating for 2025 and 2026. Despite underperforming the S&P 500 in the past two years, SPMD's ea...
SPMD: The Sweet Spot In The Middle
Mid-cap stocks are often overlooked but offer growth potential and stability, making them a good option for large-cap allocators. The SPDR® Portfolio S&P 400 Mid Cap ETF tracks the S&P MidCap 400 Inde...
January FOMC Meeting Review: The 'Fed-Amental' Attribution Error
The Federal Reserve kept rates steady and maintained a hawkish stance toward inflation while acknowledging an outstanding economy and progress in vanquishing inflationary pressure. Expectations for ra...
SPMD: Downward Earnings Revision May Trigger More Declines
SPMD owns a portfolio of U.S. mid-cap stocks. The fund's forward P/E ratio is relatively low compared to its historical average.
U.S. Weekly FundFlows Insight Report: Financial/Banking ETFs Record Largest Weekly Outflow On Record As Tech Returns To Limelight
During Refinitiv Lipper's fund-flows week ended June 23, 2021, investors were overall net redeemers of fund assets (including both conventional funds and ETFs) for the second week in a row, withdrawin...
The SPDR Portfolio Mid Cap ETF's Underlying Holdings Could Mean 15% Gain Potential
For the SPDR Portfolio Mid Cap ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $37.78 per unit.
Analysts Anticipate 10% Gains Ahead For The SPDR Portfolio Mid Cap ETF
For the SPDR Portfolio Mid Cap ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $37.40 per unit.