MDYG - ETF AI Analysis
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SPDR S&P 400 Mid Cap Growth ETF (MDYG)
Rating:72Outperform
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered strong gains so far this year, which suggests its strategy has recently been working well for investors.
Leading Holdings Showing Solid Momentum
Most of the top holdings have posted strong year-to-date performance, helping drive the fund’s overall returns.
Low Expense Ratio
The fund’s relatively low annual fee means more of the investment’s growth can stay in investors’ pockets over time.
Negative Factors
Heavy Focus on U.S. Market
Almost all of the ETF’s assets are invested in U.S. companies, offering little diversification across global markets.
Sector Concentration in Industrials and Technology
A large share of the portfolio is concentrated in industrial and technology stocks, which can increase risk if these sectors face a downturn.
Short-Term Performance Bumpiness
The fund’s recent one-month return has been weak, showing that its performance can be choppy over shorter time periods.
MDYG vs. SPDR S&P 500 ETF (SPY)
AUM2.80B
RegionNorth America
Expense Ratio0.15%
Beta1.01
IssuerSPDR
Inception DateNov 08, 2005
Dividend Yield0.67%
Asset ClassEquity
Index TrackedS&P Mid Cap 400 Growth
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume86,649
30 Day Avg. Volume85,521
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
135.02Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering248
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
MDYG Summary
MDYG is the SPDR S&P 400 Mid Cap Growth ETF, which follows the S&P MidCap 400 Growth Index. It invests in medium‑sized U.S. companies that are growing quickly, mainly in industrials, technology, and health care. Well‑known holdings include Twilio and Okta. Investors might consider MDYG if they want growth potential from companies that are bigger than small caps but still have room to expand, while spreading their money across many stocks for diversification. A key risk is that growth‑focused mid‑cap stocks can be more volatile, so the ETF’s value can go up and down sharply with the market.
How much will it cost me?The SPDR S&P 400 Mid Cap Growth ETF (MDYG) has an expense ratio of 0.15%, meaning you’ll pay $1.50 per year for every $1,000 invested. This is lower than average because it’s a passively managed fund that tracks the S&P MidCap 400 Growth Index, which helps keep costs down.
What would affect this ETF?The SPDR S&P 400 Mid Cap Growth ETF (MDYG) could benefit from favorable economic conditions that support growth-oriented sectors like technology and industrials, which make up a significant portion of its holdings. However, rising interest rates or economic slowdowns may negatively impact mid-cap companies, as they often rely on borrowing for expansion and are more sensitive to market fluctuations. Additionally, sector-specific challenges, such as regulatory changes in healthcare or shifts in consumer spending, could affect the ETF's performance.
MDYG Top 10 Holdings
MDYG’s story right now is all about U.S. mid-cap growth names in tech, industrials, and health care. Okta and Twilio are doing the heavy lifting, with both riding strong momentum as investors warm to software and security plays. ATI and TechnipFMC add extra fuel from the industrial and energy side, benefiting from solid demand in aerospace and energy services. On the flip side, nVent Electric and Curtiss-Wright have been losing a bit of steam lately, acting as mild brakes rather than full-on drags on the fund’s overall climb.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Twilio | 2.27% | $63.47M | $43.70B | 175.60% | 70 Neutral | |
| Okta | 1.76% | $49.38M | $34.37B | 113.25% | 75 Outperform | |
| TechnipFMC | 1.55% | $43.44M | $27.77B | 79.11% | 80 Outperform | |
| nVent Electric | 1.43% | $40.08M | $26.33B | 66.48% | 76 Outperform | |
| ATI | 1.43% | $40.02M | $25.40B | 139.16% | 78 Outperform | |
| Royal Gold | 1.18% | $32.92M | $21.88B | 34.58% | 78 Outperform | |
| United Therapeutics | 1.17% | $32.85M | $21.34B | 14.64% | 79 Outperform | |
| Tenet Healthcare | 1.17% | $32.63M | $21.10B | 35.73% | 74 Outperform | |
| Curtiss-Wright | 1.16% | $32.59M | $20.32B | 6.19% | 74 Outperform | |
| XPO | 1.13% | $31.72M | $20.80B | 33.30% | 70 Outperform |
MDYG Technical Analysis
Negative
―
Price Trends
108.13
Negative
108.06
Negative
102.87
Positive
Market Momentum
-1.00
Negative
42.63
Neutral
72.75
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For MDYG, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 106.31, equal to the 50-day MA of 108.13, and equal to the 200-day MA of 102.87, indicating a neutral trend. The MACD of -1.00 indicates Negative momentum. The RSI at 42.63 is Neutral, neither overbought nor oversold. The STOCH value of 72.75 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for MDYG.
MDYG Peer Comparison
Comparison Results
Performance Comparison
MDYG
SPDR S&P 400 Mid Cap Growth ETF
105.53
14.63
16.09%
IJK
iShares S&P Mid-Cap 400 Growth ETF
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―
―
IJJ
iShares S&P Mid-Cap 400 Value ETF
―
―
―
FMDE
Fidelity Enhanced Mid Cap ETF
―
―
―
IMCG
iShares Morningstar Mid-Cap Growth ETF
―
―
―
IVOG
Vanguard S&P Mid-Cap 400 Growth 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.
DisclaimerThis 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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