
This fund, the State Street SPDR S&P MIDCAP 400 ETF Trust, strives to offer investment returns that, before factoring in costs, generally reflect the capital appreciation and dividend income performance of the S&P MidCap 400 Index.
Is MDY's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.


Brookstone Capital Management reduced its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 12.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 26,854 shares of the exchange traded fund's stock after selling 3,774 shares during the quarter. Brookstone

MassMutual Private Wealth and Trust FSB trimmed its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 5.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 51,162 shares of the exchange traded fund's stock after selling 3,074 shares

State Street SPDR S&P Midcap 400 ETF Trust (MDY) offers balanced exposure to 400 U.S. mid-cap companies, minimizing mega-cap concentration risk. MDY trades at a forward PE of 14.7 versus the S&P 500's 18.1, despite similar projected 2027 earnings growth, presenting a compelling valuation discount. The ETF's sector allocation favors industrials, financials, healthcare, and materials—areas currently rated as 'more favored' for the next 6–12 months.
