TipRanks
Advertisement

MMID - ETF AI Analysis

Compare

Top Page

MMID

MFS Active Mid Cap ETF (MMID)

Rating:68Neutral
Price Target:
MMID, the MFS Active Mid Cap ETF, has a solid overall rating, helped by strong holdings like Diamondback Energy and Westinghouse Air Brake Technologies, which show robust financial performance, supportive technical trends, and clear growth-focused strategies. The fund also benefits from companies such as Steris and Agilent, though some holdings face issues like high valuations, overbought technical signals, and cash flow or profitability pressures, which introduce risk and suggest investors should be mindful of potential volatility and sector-specific challenges.
Positive Factors
Solid Recent Performance
The ETF has shown steady gains so far this year and over the last few months, indicating positive momentum.
Strong Top Holdings
Several of the largest positions, especially in energy, industrials, and technology, have delivered strong year-to-date performance that supports the fund’s returns.
Broad Sector Diversification
The fund is spread across many sectors, including industrials, financials, technology, consumer, health care, energy, and utilities, which helps reduce the impact of weakness in any single industry.
Negative Factors
Moderately High Expense Ratio
The fund’s fee is on the higher side for an ETF, which can slightly reduce the net return investors receive over time.
Heavy U.S. Concentration
With almost all assets in U.S. companies and very limited exposure to other countries, the ETF is highly dependent on the U.S. market’s performance.
Some Lagging Top Holdings
A few of the largest positions, particularly in health care and related areas, have shown weak year-to-date performance, which can drag on overall results.

MMID vs. SPDR S&P 500 ETF (SPY)

MMID Summary

MFS Active Mid Cap ETF (MMID) is an actively managed fund that focuses on mid-sized U.S. companies, rather than tracking a fixed index. It spreads investments across many sectors, including industrials, financials, technology, and health care. Some well-known holdings are Global Payments and Cheniere Energy. Investors might consider MMID if they want growth potential from mid-sized companies along with broad diversification across industries. However, because it owns stocks of mid-cap companies, the value of the ETF can go up and down with the stock market and may be more volatile than large-cap funds.
How much will it cost me?The MFS Active Mid Cap ETF (MMID) has an expense ratio of 0.59%, which means you’ll pay $5.90 per year for every $1,000 invested. This is higher than average because the fund is actively managed, meaning professional managers are selecting stocks rather than following a passive index.
What would affect this ETF?The MFS Active Mid Cap ETF (MMID) could benefit from economic growth and innovation in the U.S., particularly in sectors like technology and industrials, which make up a significant portion of its holdings. However, it may face challenges from rising interest rates, which could impact mid-cap companies' borrowing costs, and sector-specific risks such as regulatory changes in energy or healthcare. The fund's focus on U.S. mid-cap companies also makes it sensitive to domestic economic conditions and market volatility.

MMID Top 10 Holdings

MMID leans into a U.S. mid-cap mix with a clear tilt toward industrials, health care, and energy, and a handful of names doing the heavy lifting. Valero Energy and Cheniere Energy have been rising steadily, giving the fund a strong energy backbone, while Diamondback adds more fuel to that theme. On the industrial side, Westinghouse Air Brake and WW Grainger have been generally supportive, though Grainger’s recent wobble has taken a bit of shine off. In health care, Becton Dickinson looks steady but not exciting, and Steris has been more mixed, slightly dragging on overall momentum.
Name
Company Name
Weight %
Market Value
Market Cap
Yearly Gain
Overall Rating
Global Payments1.84%$650.34K$23.36B3.44%
70
Outperform
Diamondback1.69%$599.74K$57.40B49.74%
81
Outperform
Cheniere Energy1.67%$592.31K$57.49B17.90%
71
Outperform
Waters1.66%$588.83K$40.12B38.24%
70
Outperform
Valero Energy1.60%$564.94K$112.41B149.12%
69
Neutral
Becton Dickinson1.57%$555.43K$48.44B-4.81%
67
Neutral
Westinghouse Air Brake Technologies1.47%$521.97K$47.84B49.99%
79
Outperform
Agilent1.46%$515.14K$41.42B19.22%
73
Outperform
WW Grainger1.44%$510.72K$60.29B27.48%
73
Outperform
Permian Resources1.38%$487.94K$19.92B73.58%
81
Outperform

MMID Technical Analysis

Technical Analysis Sentiment
Negative
Last Price
Price Trends
50DMA
27.05
Negative
100DMA
26.33
Positive
200DMA
25.83
Positive
Market Momentum
MACD
-0.18
Positive
RSI
37.03
Neutral
STOCH
19.67
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For MMID, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 27.20, equal to the 50-day MA of 27.05, and equal to the 200-day MA of 25.83, indicating a neutral trend. The MACD of -0.18 indicates Positive momentum. The RSI at 37.03 is Neutral, neither overbought nor oversold. The STOCH value of 19.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for MMID.

MMID Peer Comparison

Comparison Results
Name
Price
Price Target
AUM
Expense Ratio
Overall Rating
$35.36M0.59%
68
Neutral
$41.71M0.80%
71
Outperform
$10.34M0.79%
67
Neutral
$9.27M0.35%
68
Neutral
$5.71M0.32%
69
Neutral
$4.54M0.88%
69
Neutral
Performance Comparison
Ticker
Company Name
Price
Change
% Change
MMID
MFS Active Mid Cap ETF
26.48
2.03
8.30%
KMID
Virtus KAR Mid-Cap ETF
SMCP
SMART Mid Cap ETF
MCDS
JPMorgan Fundamental Data Science Mid Core ETF
REMC
Columbia Research Enhanced Mid Cap ETF
EPMB
Harbor Mid Cap Core ETF
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: ―
Table of Contents
Advertisement