AMID - ETF AI Analysis
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Argent Mid Cap ETF (AMID)
AMID vs. SPDR S&P 500 ETF (SPY)
- AUM
- 116.27M
- Region
- North America
- Expense Ratio
- 0.52%
- Beta
- 0.88
- Issuer
- Argent
- Inception Date
- Aug 16, 2022
- Dividend Yield
- 0.33%
- Asset Class
- Equity
- Index Tracked
- No Underlying Index
AMID Summary
Argent Mid Cap ETF (AMID) invests in medium‑sized U.S. companies, aiming for a mix of growth and stability. It doesn’t track a specific index, but instead selects a broad range of mid-cap stocks across industries like industrials, technology, finance, and health care. Well-known names in the fund include Hewlett Packard Enterprise and United Rentals. Investors might consider AMID to diversify beyond the biggest blue-chip stocks and tap into companies that are still growing but more established than small caps. A key risk is that mid-cap stocks can be more volatile and can go up and down with the overall stock market.
How much will it cost me?
The Argent Mid Cap ETF (AMID) has an expense ratio of 0.52%, meaning you’ll pay $5.20 per year for every $1,000 invested. This is higher than average for ETFs because it is actively managed, which typically involves more research and trading compared to passively managed funds that track an index.
What would affect this ETF?
The Argent Mid Cap ETF (AMID) could benefit from economic growth in the U.S., especially if mid-sized companies in sectors like Industrials, Technology, and Health Care continue to innovate and expand. However, rising interest rates or economic slowdowns might negatively impact sectors like Financials and Consumer Cyclical, which are sensitive to borrowing costs and consumer spending. Regulatory changes or shifts in market sentiment could also influence the performance of its top holdings, such as Medpace Holdings and Fortinet.
AMID Top 10 Holdings
AMID is leaning heavily on a mix of industrials and tech, with names like Hewlett Packard Enterprise, Okta, Twilio, and Illumina powering the story. These tech-focused holdings have been rising, giving the fund a strong growth engine and a clear tilt toward U.S.-based innovation. On the industrial side, Comfort Systems and Ametek are steady contributors, while United Rentals looks a bit more mixed, occasionally weighing on returns. Financials such as Victory Capital and LPL Financial add balance but have been more of a tug-of-war, with some gains offset by recent lagging.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 VCTR | Victory Capital Holdings | 4.88% | $5.91M | $6.67B | 65.55% | 80Outperform |
 MEDP | Medpace Holdings | 3.62% | $4.38M | $17.37B | 14.33% | 79Outperform |
 LPLA | LPL Financial | 2.90% | $3.51M | $24.90B | -5.28% | 66Neutral |
 URI | United Rentals | 2.90% | $3.51M | $64.97B | 4.36% | 73Outperform |
 FIX | Comfort Systems | 2.90% | $3.51M | $51.53B | 66.97% | 80Outperform |
 ILMN | Illumina | 2.74% | $3.31M | $39.66B | 169.28% | 71Outperform |
 USFD | US Foods Holding | 2.70% | $3.26M | $21.72B | 35.05% | 74Outperform |
 OKTA | Okta | 2.66% | $3.21M | $33.20B | 119.68% | 75Outperform |
 HPE | Hewlett Packard Enterprise | 2.63% | $3.18M | $74.17B | 145.26% | 68Neutral |
 AME | Ametek | 2.54% | $3.08M | $56.68B | 32.00% | 79Outperform |
AMID Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For AMID, the sentiment is Positive. The current price of 36.39 is below the 20-day moving average (MA) of 36.62, below the 50-day MA of 36.55, and above the 200-day MA of 35.24, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 48.19 is Neutral, neither overbought nor oversold. The STOCH value of 18.10 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AMID.
AMID Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| AMID | $36.39 | $40.00(9.92% Upside) | $116.27M | 0.52% | 73Outperform |
 AVMV | $79.13 | $93.53(18.20% Upside) | $789.29M | 0.20% | 71Outperform |
 AVMC | $78.48 | $93.79(19.52% Upside) | $512.86M | 0.18% | 70Outperform |
 TMVE | $17.39 | $20.72(19.15% Upside) | $284.27M | 0.55% | 67Neutral |
 AFMC | $40.63 | $47.10(15.93% Upside) | $237.16M | 0.68% | 71Outperform |
 GLRY | $36.85 | $48.19(30.76% Upside) | $158.05M | 0.80% | 74Outperform |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AMID | Argent Mid Cap ETF | 36.39 | 1.96 | 5.68% | |
| AVMV | Avantis U.S. Mid Cap Value ETF | 79.13 | 11.27 | 16.61% | |
| AVMC | Avantis U.S. Mid Cap Equity ETF | 78.47 | 9.54 | 13.83% | |
| TMVE | Thrivent Mid Cap Value ETF | 17.39 | 3.13 | 21.96% | |
| AFMC | First Trust Active Factor Mid Cap ETF | 40.63 | 6.92 | 20.54% | |
| GLRY | Inspire Faithward Mid Cap Momentum ESG ETF | 36.85 | -0.29 | -0.77% |
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.