Morningstar

SPDR® S&P MIDCAP 400 ETF Trust MDY

Morningstar Medalist Rating
Medalist Rating as of | See State Street Investment Hub

Morningstar’s Analysis MDY

Will MDY outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MDY’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MDY management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MDY’s parent organization’s priorities and whether they’re in line with investors’ interests.

Diversified exposure to mid-cap stocks.

Senior Analyst Daniel Sotiroff

Daniel Sotiroff

Senior Analyst

Summary

We have qualitatively reviewed this strategy and reaffirmed its High Process and Average People ratings. SPDR S&P MIDCAP 400 ETF Trust effectively combines a broadly diversified portfolio of U.S. mid-cap stocks with low turnover and a minuscule price, providing it with a durable edge over its Morningstar Category peers. The following text is from July 25, 2023.

by Daniel Sotiroff
Rated on Published on

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Portfolio Holdings MDY

More MDY Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 6.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Illumina Inc

0.74 167.0 Mil
Healthcare

Carlisle Companies Inc

0.71 160.5 Mil
Industrials

Lennox International Inc

0.67 151.0 Mil
Industrials

EMCOR Group Inc

0.65 147.4 Mil
Industrials

Avantor Inc

0.62 140.0 Mil
Healthcare

Biomarin Pharmaceutical Inc

0.61 138.2 Mil
Healthcare

Williams-Sonoma Inc

0.61 137.7 Mil
Consumer Cyclical

Burlington Stores Inc

0.61 136.7 Mil
Consumer Cyclical

Reliance Inc

0.58 131.3 Mil
Basic Materials

Manhattan Associates Inc

0.58 129.9 Mil
Technology

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