S&P MidCap 400 ETF
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$528.00
- Net Assets:$0 Million
- NAV:$531.78
- Premium-0.71%
- Peer Rank:129 of 559
- Investment Rating:B
- Performance:C+
- RiskB
We rate SPDR S&P MidCap 400 ETF at B. Positive factors that influence this rating include a greater than above average total return, low price volatility and low expense structure. The fund invests approximately 100% of its assets in stocks and may be considered for investors seeking a Growth - Domestic strategy.
Total return ranks above peers over the last three years. The SPDR S&P MidCap 400 ETF has returned an annual rate of 11.22% since inception. More recently, the fund has generated a total return of 10.78% in the last five years, 6.38% in the last three years, and 11.38% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 78% of them. It has also outpaced 68% of its competitors on a three year basis and 55% of them over the last year for the period ending 2/29/2024. On a year to date basis, MDY has returned 4.78%.
Downside risk has been below average. MDY has a draw down risk of -22.41%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 20.1%. This fund has experienced a high level of volatility in its monthly performance over the last 36 months.
Low expense ratio helps performance. As MDY is an exchange traded fund, it has no front end or back end load.
The SPDR S&P MidCap 400 ETF is managed by Michael J. Solecki at PDR Services LLC. This fund is one of 2 PDR Services LLC exchange-traded funds launched since 4/28/1995 that we track.