Overview of MDYG: The State Street SPDR S&P 400 Mid Cap Growth ETF (MDYG) is a passively managed fund launched in 2005, focusing on mid-cap growth companies in the U.S. equity market, with assets exceeding $2.44 billion.
Performance and Costs: MDYG has a low annual operating expense of 0.15% and a 12-month trailing dividend yield of 0.77%. It has shown a year-to-date increase of 7.32% but is down 0.74% over the past year.
Portfolio Composition: The ETF primarily invests in the Industrials sector (29.7% of the portfolio), with top holdings including Comfort Systems USA Inc and Pure Storage Inc. The top 10 holdings represent 12.8% of total assets.
Investment Appeal: MDYG is rated as a "Buy" by Zacks due to its expected returns and low expense ratio, making it a strong option for investors seeking exposure to mid-cap growth stocks, alongside other similar ETFs like Vanguard's VOT and iShares' IWP.
Wall Street analysts forecast MDYG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MDYG is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Wall Street analysts forecast MDYG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MDYG is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 99.020
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Current: 99.020
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
