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
Home Page
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%
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
FTI
TechnipFMC
1.76%
FLEX
Flex
1.63%
CW
Curtiss-Wright
1.58%
XPO
XPO
1.47%
UTHR
United Therapeutics
1.46%
Symbol
Ratio
WWD
Woodward
1.38%
FN
Fabrinet
1.31%
MTZ
MasTec
1.30%
ATI
ATI
1.28%
RGLD
Royal Gold
1.27%
Top 10 Weight 14.45%
244 Total Holding
See all holdings
Related Funds
Seasonals
Volume Profile
Trade Flow Insight
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