SPDR S&P 400 Mid Cap Value ETF
MDYV - ETF AI Analysis
Top Page
SPDR S&P 400 Mid Cap Value ETF (MDYV)
MDYV’s rating suggests it is a solid mid-cap value ETF, supported by several strong holdings with healthy financial performance and growth. Standout positions like Permian Resources and Jones Lang Lasalle contribute positively through robust earnings, favorable technical trends, and strategic initiatives, while names such as Performance Food Group and Ovintiv introduce some caution due to high valuations, leverage, and weaker technical signals. The main risk factor is exposure to companies with valuation and cash flow concerns, which could add volatility even though the overall mix of holdings is generally strong.
MDYV vs. SPDR S&P 500 ETF (SPY)
- AUM
- 2.85B
- Region
- North America
- Expense Ratio
- 0.15%
- Beta
- 0.75
- Issuer
- SPDR
- Inception Date
- Nov 08, 2005
- Dividend Yield
- 1.67%
- Asset Class
- Equity
- Index Tracked
- S&P Mid Cap 400 Value
MDYV Summary
MDYV is the SPDR S&P 400 Mid Cap Value ETF, which follows the S&P Mid Cap 400 Value index. It focuses on mid-sized U.S. companies that look relatively cheap based on their financials, aiming to give investors a mix of stability and growth. The fund holds a wide range of sectors, including financials, industrials, and energy, with companies like US Foods Holding and Reliance Steel among its top positions. Someone might invest in MDYV to diversify beyond large caps and tap into potential long-term growth from value-priced mid-cap stocks. A key risk is that mid-cap value stocks can still be volatile and go up and down with the overall market.
How much will it cost me?
This ETF has an expense ratio of 0.15%, which means you’ll pay about $1.50 per year for every $1,000 you invest. That’s lower than the average stock ETF because it’s a passively managed fund that simply tracks the S&P Mid Cap 400 Value index instead of paying managers to pick individual stocks.
What would affect this ETF?
This ETF could benefit if the U.S. economy stays healthy, since mid-sized value companies in areas like financials, industrials, and energy often do well when business activity, corporate profits, and demand for materials and fuel are strong, and if interest rates stabilize or fall, that can also support many of its holdings. On the other hand, a U.S. slowdown, higher interest rates that pressure financial and real estate companies, or weaker demand for energy and cyclical consumer goods could hurt the mid-cap value stocks that make up much of this fund.
MDYV Top 10 Holdings
MDYV is leaning on a mix of rising energy and industrial names to power returns, with Permian Resources, Ovintiv, and HF Sinclair all running hot and giving the fund a clear tilt toward the U.S. energy patch. Reliance Steel and SharkNinja add steady strength from materials and consumer products, while TD SYNNEX has been more mixed, and Wesco International is losing a bit of steam lately. With heavy exposure to financials, industrials, and consumer cyclicals, and almost entirely U.S.-focused holdings, this ETF is a mid-cap value play driven by cyclical, domestically oriented businesses.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 USFD | US Foods Holding | 1.38% | $39.12M | $23.58B | 52.13% | 74Outperform |
 RS | Reliance Steel | 1.26% | $35.90M | $21.76B | 58.96% | 74Outperform |
 SN | SharkNinja, Inc. | 1.09% | $30.99M | $31.92B | 146.18% | 76Outperform |
 PR | Permian Resources | 1.05% | $29.94M | $18.22B | 64.84% | 81Outperform |
 PFGC | Performance Food Group | 1.01% | $28.78M | $17.51B | 14.96% | 65Neutral |
 JLL | Jones Lang Lasalle | 1.00% | $28.35M | $17.10B | 20.61% | 79Outperform |
 SNX | TD SYNNEX Corporation | 1.08% | $30.60M | $18.55B | 61.13% | 73Outperform |
 RGA | Reinsurance Group | 1.04% | $29.47M | $17.83B | 47.01% | 74Outperform |
 TSE:OVV | Ovintiv | ― | ― | ― | ― | 60Neutral |
 PNFP | Pinnacle Financial Partners | 0.89% | $25.45M | $15.54B | 16.43% | 73Outperform |
MDYV Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For MDYV, the sentiment is Positive. The current price of 94.94 is above the 20-day moving average (MA) of 92.90, above the 50-day MA of 91.84, and above the 200-day MA of 90.93, indicating a bullish trend. The MACD of 0.80 indicates Negative momentum. The RSI at 60.40 is Neutral, neither overbought nor oversold. The STOCH value of 70.01 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MDYV.
MDYV Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| MDYV | $94.94 | $101.00(6.38% Upside) | $2.85B | 0.15% | 70Neutral |
 IJJ | $147.71 | $171.63(16.20% Upside) | $8.81B | 0.18% | 70Neutral |
 FMDE | $42.24 | $48.76(15.45% Upside) | $8.83B | 0.23% | 69Neutral |
 XMMO | $138.12 | $182.81(32.36% Upside) | $6.36B | 0.34% | 71Outperform |
 IMCV | $100.18 | $110.94(10.74% Upside) | $1.28B | 0.06% | 70Neutral |
 IVOV | $114.66 | $133.07(16.06% Upside) | $1.27B | 0.10% | 69Neutral |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| MDYV | SPDR S&P 400 Mid Cap Value ETF | 94.94 | 14.22 | 17.61% | |
| IJJ | iShares S&P Mid-Cap 400 Value ETF | 147.71 | 22.06 | 17.56% | |
| FMDE | Fidelity Enhanced Mid Cap ETF | 42.24 | 7.07 | 20.11% | |
| XMMO | Invesco S&P MidCap Momentum ETF | 138.12 | 5.16 | 3.88% | |
| IMCV | iShares Morningstar Mid-Cap ETF | 100.18 | 21.56 | 27.42% | |
| IVOV | Vanguard S&P Mid-Cap 400 Value ETF | 114.66 | 17.14 | 17.58% |
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.