SPDR S&P MidCap 400 ETF
SPDR® S&P Midcap 400® ETF is a solid and extremely popular choice in the mid-capitalization space. It seeks to track the investment results of the S&P Midcap 400® Index, a benchmark that measures the performance of 400 individual names and spreads exposure relatively even for a balanced portfolio of stocks. The Fund offers extremely liquid exposure to a well-known midcap index and uses the unit investment trust structure, which requires a direct replication of its underlying index and doesn’t allow for reinvesting dividends between distribution dates or for lending out securities. MDY is one of several ETFs available that offers exposure to mid cap U.S. stocks, an asset class that can make up a significant portion of long-term, buy-and-hold portfolios.
SPDR® S&P MIDCAP 400® ETF TOP HOLDINGS
Bio-Techne Corporation 0.68%
PTC Inc. 0.66%
Charles River Laboratories International Inc. 0.66%
Fair Isaac Corporation 0.65%
Cognex Corporation 0.65%
Williams-Sonoma Inc. 0.61%
Molina Healthcare Inc. 0.60%
SolarEdge Technologies Inc. 0.59%
XPO Logistics Inc. 0.58%
Signature Bank 0.56%
As of 04/09/2021
MDY SECTOR ALLOCATION
Industrials 18.36%
Financials 15.77%
Consumer Discretionary 14.77%
Information Technology 14.37%
Health Care 11.23%
Real Estate 9.11%
Materials 6.30%
Consumer Staples 3.63%
Utilities 3.34%
Communication Services 1.91%
Energy 1.21%
As of 04/09/2021