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MID.ETF - AI Analysis
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American Century Mid Cap Growth Impact ETF (MID.ETF)
Rating:69Neutral
Price Target:
$73.00
Positive Factors
Strong Technology Holdings
Top positions like Cloudflare and Zscaler have delivered strong year-to-date gains, supporting the ETF's overall performance.
Sector Diversification
The ETF is spread across multiple sectors, including technology, industrials, and health care, reducing reliance on any single industry.
Moderate Expense Ratio
With a 0.45% expense ratio, the fund offers reasonable costs compared to actively managed ETFs.
Negative Factors
Over-Concentration in Technology
Technology makes up over 30% of the portfolio, exposing the fund to risks if the sector faces a downturn.
Underperforming Holdings
Several top holdings, such as DocuSign and Chipotle, have lagged year-to-date, dragging on the fund's momentum.
Limited Geographic Exposure
The ETF is heavily focused on U.S. companies, offering little diversification across global markets.
MID.ETF vs. SPDR S&P 500 ETF (SPY)
AUM91.51M
RegionNorth America
Expense Ratio0.45%
Beta1.17
IssuerAmerican Century
Inception DateJul 13, 2020
Dividend YieldN/A
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume2,034
30 Day Avg. Volume2,269
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
78.97Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering42
MID.ETF Summary
The American Century Mid Cap Growth Impact ETF (ticker: MID.ETF) is an investment fund that focuses on mid-sized companies with strong growth potential, typically valued between $2 billion and $10 billion. This ETF also prioritizes businesses that make a positive impact on society through environmental, social, and governance (ESG) practices. Some well-known companies in this fund include Cloudflare and Zscaler, which are leaders in technology and cybersecurity. Investors might consider this ETF for diversification and the opportunity to support sustainable and responsible businesses while aiming for financial growth. However, it’s important to note that the fund is heavily invested in technology stocks, which can be volatile and sensitive to market changes.
How much will it cost me?The American Century Mid Cap Growth Impact ETF has an expense ratio of 0.45%, which means you’ll pay $4.50 per year for every $1,000 invested. This is slightly higher than average because the fund is actively managed, focusing on mid-cap growth companies with ESG considerations, which requires more research and oversight. It’s a good option if you value professional management and ethical investing.
What would affect this ETF?The American Century Mid Cap Growth Impact ETF could benefit from continued growth in the technology and industrial sectors, which make up a significant portion of its holdings, especially as innovation and infrastructure spending increase. However, rising interest rates or economic slowdowns could negatively impact mid-cap companies, particularly those in consumer cyclical and financial sectors. Additionally, regulatory changes or shifts in ESG priorities may influence the performance of companies within the fund.
MID.ETF Top 10 Holdings
The American Century Mid Cap Growth Impact ETF leans heavily into technology and industrials, with names like Cloudflare and Zscaler driving much of the fund’s upward momentum thanks to their strong growth outlooks and strategic wins. Monolithic Power is another standout, riding a wave of innovation and steady performance. However, laggards like DocuSign and Chipotle are holding the fund back, struggling with valuation concerns and mixed market sentiment. With its U.S.-focused portfolio and ESG-driven approach, the fund offers a growth-oriented yet socially conscious investment, albeit with some bumps along the way.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Cloudflare | 6.60% | $5.94M | $88.73B | 192.87% | 67 Neutral | |
| Zscaler | 4.67% | $4.20M | $52.42B | 81.36% | 71 Outperform | |
| Johnson Controls | 4.54% | $4.09M | $74.86B | 51.51% | 70 Outperform | |
| Cadence Design | 4.51% | $4.07M | $92.19B | 15.92% | 73 Outperform | |
| Monolithic Power | 4.46% | $4.01M | $48.13B | 32.35% | 76 Outperform | |
| Pool | 4.05% | $3.65M | $9.95B | -26.44% | 67 Neutral | |
| DocuSign | 3.85% | $3.47M | $14.71B | 2.85% | 72 Outperform | |
| TopBuild | 3.83% | $3.45M | $11.89B | 19.44% | 74 Outperform | |
| Vistra Energy | 3.76% | $3.39M | $63.80B | 57.56% | 69 Neutral | |
| MSCI | 3.23% | $2.91M | $44.22B | -0.13% | 66 Neutral |
MID.ETF Technical Analysis
Positive
―
Price Trends
67.21
Positive
66.51
Positive
63.32
Positive
Market Momentum
0.24
Negative
51.39
Neutral
21.99
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For MID.ETF, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 67.29, equal to the 50-day MA of 67.21, and equal to the 200-day MA of 63.32, indicating a bullish trend. The MACD of 0.24 indicates Negative momentum. The RSI at 51.39 is Neutral, neither overbought nor oversold. The STOCH value of 21.99 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MID.ETF.
MID.ETF Peer Comparison
Comparison Results
Performance Comparison
MID.ETF
American Century Mid Cap Growth Impact ETF
67.60
7.27
12.05%
AFMC
First Trust Active Factor Mid Cap ETF
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KMID
Virtus KAR Mid-Cap ETF
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MMID
MFS Active Mid Cap ETF
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JMID
Janus Henderson Mid Cap Growth Alpha ETF
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AWEG
Alger Weatherbie Enduring 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.
Disclaimer
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.Date of analysis: ―
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