Spdr Sp Midcap Etf Profile

MDY Etf  USD 523.50  5.22  1.01%   

Performance

4 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 9

 
High
 
Low
Low
SPDR SP is trading at 523.50 as of the 23rd of April 2024; that is 1.01 percent up since the beginning of the trading day. The etf's open price was 518.28. SPDR SP has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for SPDR SP MIDCAP are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of May 2022 and ending today, the 23rd of April 2024. Click here to learn more.
The Trust seeks to achieve its investment objective by holding a portfolio of the common stocks that are included in the index , with the weight of each stock in the Portfolio substantially corresponding to the weight of such stock in the index. SP Midcap is traded on NYSEARCA Exchange in the United States.. More on SPDR SP MIDCAP

Moving together with SPDR Etf

  0.97VO Vanguard Mid CapPairCorr
  0.92VXF Vanguard Extended MarketPairCorr
  1.0IJH iShares Core SPPairCorr
  0.97IWR iShares Russell MidPairCorr
  0.93FV First Trust DorseyPairCorr
  0.97IVOO Vanguard SP MidPairCorr

SPDR Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. SPDR SP's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SPDR SP or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas
(View all Themes)
Business ConcentrationSize And Style ETFs, Mid Cap ETFs, Mid-Cap Blend, SPDR State Street Global Advisors (View all Sectors)
IssuerSSgA
Inception Date1995-05-04
BenchmarkS&P Midcap 400 Index
Entity TypeRegulated Investment Company
Asset Under Management20.82 Billion
Average Trading Valume954,912
Asset TypeEquity
CategorySize and Style
FocusMid Cap
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorThe Bank of New York Mellon Corporation
AdvisorSSgA Funds Management, Inc.
CustodianThe Bank of New York Mellon Corporation
DistributorALPS Distributors, Inc.
Transfer AgentThe Bank of New York Mellon Corporation
TrusteeThe Bank of New York Mellon Corporation
Fiscal Year End30-Nov
ExchangeNYSE Arca, Inc.
Number of Constituents402
Market MakerVirtu Financial
Total Expense0.22
Management Fee0.1
Country NameUSA
Returns Y T D2.34
NameSPDR SP MIDCAP 400 ETF Trust
Currency CodeUSD
In Threey Volatility19.96
1y Volatility19.43
200 Day M A490.6
50 Day M A532.32
CodeMDY
Updated At22nd of April 2024
Currency NameUS Dollar
In Threey Sharp Ratio0.28
SPDR SP MIDCAP [MDY] is traded in USA and was established 1995-05-04. The fund is classified under Mid-Cap Blend category within SPDR State Street Global Advisors family. The entity is thematically classified as Size And Style ETFs. SPDR SP MIDCAP now have 15.93 B in assets. , while the total return for the last 3 years was 2.9%.
Check SPDR SP Probability Of Bankruptcy

Geographic Allocation (%)

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on SPDR Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding SPDR Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as SPDR SP MIDCAP Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top SPDR SP MIDCAP Etf Constituents

GGGGraco IncStockIndustrials
TECHBio Techne CorpStockHealth Care
TRMBTrimbleStockInformation Technology
PTCPTC IncStockInformation Technology
CRLCharles River LaboratoriesStockHealth Care
TERTeradyneStockInformation Technology
PKGPackaging Corp ofStockMaterials
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SPDR SP Target Price Odds Analysis

Based on a normal probability distribution, the odds of SPDR SP jumping above the current price in 90 days from now is about 54.34%. The SPDR SP MIDCAP probability density function shows the probability of SPDR SP etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon SPDR SP has a beta of 0.3757. This indicates as returns on the market go up, SPDR SP average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SPDR SP MIDCAP will be expected to be much smaller as well. Additionally, sPDR SP MIDCAP has an alpha of 0.0376, implying that it can generate a 0.0376 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 523.5HorizonTargetOdds Above 523.5
45.32%90 days
 523.50 
54.34%
Based on a normal probability distribution, the odds of SPDR SP to move above the current price in 90 days from now is about 54.34 (This SPDR SP MIDCAP probability density function shows the probability of SPDR Etf to fall within a particular range of prices over 90 days) .

SPDR SP Top Holders

TEBRXThe Teberg FundMutual FundTactical Allocation
MGOAXVictory Munder Mid CapMutual FundMid-Cap Growth
MGOYXVictory Munder Mid CapMutual FundMid-Cap Growth
MGOTXVictory Munder Mid CapMutual FundMid-Cap Growth
MGOSXVictory Munder Mid CapMutual FundMid-Cap Growth
MMSRXVictory Munder Mid CapMutual FundMid-Cap Growth
SHDPXAmerican Beacon ShapiroMutual FundSmall Value
More Details

SPDR SP MIDCAP Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. SPDR SP market risk premium is the additional return an investor will receive from holding SPDR SP long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SPDR SP. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although SPDR SP's alpha and beta are two of the key measurements used to evaluate SPDR SP's performance over the market, the standard measures of volatility play an important role as well.

SPDR SP Against Markets

Picking the right benchmark for SPDR SP etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in SPDR SP etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for SPDR SP is critical whether you are bullish or bearish towards SPDR SP MIDCAP at a given time. Please also check how SPDR SP's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in SPDR SP without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy SPDR Etf?

Before investing in SPDR SP, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in SPDR SP. To buy SPDR SP etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of SPDR SP. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase SPDR SP etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located SPDR SP MIDCAP etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased SPDR SP MIDCAP etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as SPDR SP MIDCAP, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy SPDR Etf please use our How to Invest in SPDR SP guide.

Already Invested in SPDR SP MIDCAP?

The danger of trading SPDR SP MIDCAP is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of SPDR SP is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than SPDR SP. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SPDR SP MIDCAP is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether SPDR SP MIDCAP offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SPDR SP's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Spdr Sp Midcap Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Spdr Sp Midcap Etf:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in SPDR SP MIDCAP. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the SPDR SP MIDCAP information on this page should be used as a complementary analysis to other SPDR SP's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
The market value of SPDR SP MIDCAP is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR SP's value that differs from its market value or its book value, called intrinsic value, which is SPDR SP's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPDR SP's market value can be influenced by many factors that don't directly affect SPDR SP's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPDR SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SP's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.