SPDR S&P 400 Mid Cap Value ETF (NYSE:MDYV) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P MidCap 400 Value Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index measures the performance of the mid-capitalization value segment of the U.S. equity market. It may purchase a subset of the securities in the index in an effort to hold a portfolio of securities with generally the same risk and return characteristics of the index.
Fund Overview
- Net Assets 1.53 Billion
- YTD Daily Total Return 26.37%
- Yield 1.38%
Fund Operations
- Annual Report Expense Ratio (net) 0.15%
- Holdings Turnover 45.00%
- Total Net Assets 6,032.29
Performance Overview
- 26.37% YTD Daily Total Return
- 62.17% 1-Year Daily Total Return
- 12.80% 3-Year Daily Total Return
Top 10 Holdings (8.04% of Total Assets)
| Name | Symbol | % Assets |
|---|---|---|
| Steel Dynamics Inc | STLD | 0.87% |
| East West Bancorp Inc | EWBC | 0.86% |
| Reliance Steel & Aluminum Co | RS | 0.82% |
| First Horizon Corp | FHN | 0.81% |
| Owens-Corning Inc | OC | 0.81% |
| Lear Corp | LEA | 0.80% |
| AECOM | ACM | 0.79% |
| Jones Lang LaSalle Inc | JLL | 0.77% |
| Alleghany Corp | Y | 0.76% |
| Signature Bank | SBNY | 0.75% |
Therefore, SPDR S&P 400 Mid Cap Value ETF is one of the best passively managed funds for long-term investors.
I own this ETF for long term.
MDYV is fantastic ETF.