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ETFs

SPDR S&P 400 Mid Cap Growth ETF (Based on S&P MidCap 400 Growth Index--symbol MUV)

MDYG
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Nov 08 2005
Expense Ratio
0.15%
Type
US Equities
Fund Owner
State Street (SPDR)
Volume (1m avg. daily)
$4,440,854
AUM
$1,806,507,466
Associated Index
S&P Midcap 400 Pure Growth Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

HUBB
Hubbell Inc.
1.37%
RS
Reliance Steel & Aluminum Co.
1.29%
BLDR
Builders Firstsource Inc
1.27%
DECK
Deckers Outdoor Corp.
1.12%
CSL
Carlisle Companies Inc.
1.06%
RPM
RPM International, Inc.
1.02%
WSO
Watsco Inc. - Ordinary Shares - Class A
1.00%
LSCC
Lattice Semiconductor Corp.
0.96%
NBIX
Neurocrine Biosciences, Inc.
0.93%
DT
Dynatrace Inc
0.93%
Invest with MDYG

What is MDYG?

The SPDR S&P 400 Mid Cap Growth ETF before expenses seeks to closely match the returns and characteristics of the S&P Mid Cap 400 Growth Index (ticker: SPTRMG). Our approach is designed to provide portfolios with low portfolio turnover accurate tracking and lower costs.

ETFs related toMDYG

ETFs correlated to MDYG include IJK, IVOG, MDY

MDYG
SPDR Series Trust - SPDR S&P 400 Mid Cap Growth ETF
IJK
BlackRock Institutional Trust Company N.A. - iShares S&P Mid-Cap 400 Growth ETF
IVOG
Vanguard Group, Inc. - Vanguard S&P Mid-Cap 400 Growth ETF
MDY
State Street Global Advisors - S&P MidCap 400 ETF
IJH
BlackRock Institutional Trust Company N.A. - iShares Core S&P Mid-Cap ETF
SPMD
SPDR Series Trust - SPDR Portfolio S&P 400 Mid Cap ETF
MIDU
Direxion Shares ETF Trust - Direxion Daily Mid Cap Bull 3x Shares
IVOO
Vanguard Group, Inc. - Vanguard S&P Mid-Cap 400 ETF
BBMC
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Mid Cap Equity ETF
JHMM
John Hancock Investment Management LLC - John Hancock Multifactor Mid Cap ETF
SCHM
Schwab Strategic Trust - Schwab U.S. Mid-Cap ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toMDYG

#PTAC

Pick the Trending Asset Class

Category

Momentum, Tactical Asset Allocation, Be Risk Aware, Ride the Momentum

Risk Rating

Moderate

#EMH

Emerging Markets with a Bond Hedge

Category

Momentum, Be Risk Aware, Diversification

Risk Rating

Aggressive

Create your own algorithmic trading strategy with MDYG using Composer

FAQ

MDYG is a US Equities ETF. The SPDR S&P 400 Mid Cap Growth ETF before expenses seeks to closely match the returns and characteristics of the S&P Mid Cap 400 Growth Index (ticker: SPTRMG). Our approach is designed to provide portfolios with low portfolio turnover accurate tracking and lower costs.

MDYG tracks the S&P Midcap 400 Pure Growth Index.

No, MDYG is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, MDYG is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on MDYG is -0.0187%. This is the percent change in the value of MDYG over the most recent 1-month period. The 3-month return on MDYG is 0.0029%. This is the percent change in the value of MDYG over the most recent 3-month period.

The standard deviation of MDYG for the past year is 0.2009%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to MDYG include RFG, IWO, and VTV.

ETFs correlated to MDYG include IJK, IVOG, and MDY.

ETFs that are inversely correlated to MDYG include TWM, TZA, and RWM.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.