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State Street SPDR S&P 400 Mid Cap Growth ETF

MDYG·ARCA
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Key Stats

Assets Under Management
2.60BUSD
Fund Flow (1Y)
-416.84MUSD
Dividend Yield
0.67%
Discount / Premium to NAV
0.03%
Shares Outstanding
25.85M
Expense Ratio
0.15%

About State Street SPDR S&P 400 Mid Cap Growth ETF

Issuer
State Street Global Advisors
Brand
SPDR
Inception Date
Nov 8, 2005
Structure
Open-Ended Fund
Index Tracked
S&P MidCap 400 Growth Index
Management Style
Passive
Dividend Treatment
Distributes
Distribution Tax Treatment
Qualified dividends
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
SSgA Funds Management, Inc.
Distributor
State Street Corp. (Fund Distributor)
MDYG curates a portfolio of S&P MidCap 400 (commonly known as S&P 400) companies with high sales growth, high valuations and momentum. It starts selecting constituents further down the market-cap spectrum, leading to a lower than usual average market-cap and even some exposure to small-caps. Unlike some of its peers, MDYG isn't a "pure growth" fund—its methodology allows securities to be classified into multiple categories. As such, its holdings could overlap with so-called "core" funds or even "value" funds. The fund may also heavily overweight financials, while underweighting other sectors such as consumer cyclicals. Additionally, instead of replicating the index, MDYG uses sampling indexing. The index is weighted by float-adjusted market-cap and rebalanced on a quarterly basis.

Classification

Asset Class
Equity
Category
Size and Style
Focus
Mid Cap
Niche
Growth
Strategy
Growth
Geography
U.S.
Weighting Scheme
Market Cap
Selection Criteria
Fundamental

Analysis

Sector

Industrials

31.41%

Technology

20.05%

Healthcare

14.24%

Consumer Cyclical

8.22%

Financial Services

7.37%

Real Estate

5.55%

Basic Materials

3.86%

Energy

3.68%

Consumer Defensive

2.22%

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Asset

Holdings

Symbol

Ratio

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FTI

TechnipFMC
1.76%
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FLEX

Flex
1.63%
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CW

Curtiss-Wright
1.58%
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XPO

XPO
1.47%
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UTHR

United Therapeutics
1.46%

Symbol

Ratio

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WWD

Woodward
1.38%
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FN

Fabrinet
1.31%
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MTZ

MasTec
1.30%
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ATI

ATI
1.28%
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RGLD

Royal Gold
1.27%

Top 10 Weight 14.45%

244 Total Holding

See all holdings

Related Funds

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Volume Profile

Trade Flow Insight

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