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Upturn AI Summary
SPDR® S&P MIDCAP 400 ETF Trust(MDY)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for MDY
10/01/2026: MDY (3-star) is currently NOT-A-BUY. Pass it for now.
The SPDR® S&P MIDCAP 400 ETF Trust (MDY) provides comprehensive exposure to U.S. mid-sized companies by tracking the S&P MidCap 400 Index. Its core strengths include high liquidity, a long-standing reputation from SSGA, and effective benchmark tracking. It serves as an excellent tool for investors looking to balance the growth potential of smaller firms with the relative stability of large-caps. Key risks include market-wide volatility and economic cycles that impact the U.S. mid-cap segment. The fund is best suited for long-term investors seeking to round out a diversified portfolio, while monitoring economic indicators and the competitive expense environment.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | Mid-cap companies often offer higher growth potential than large-cap peers while providing more stability than small-caps. |
| Momentum investor | Strong fit while signal remains positive | The ETF captures market trends across 400 companies, making it suitable when the mid-cap sector shows positive momentum. |
| Value investor | Mixed fit | While the index includes value-oriented firms, it is a blend-style ETF rather than a pure value play. |
| Dividend/Income investor | Mixed fit | The fund pays dividends, but its primary focus is capital appreciation rather than high-yield income generation. |
| Low-risk investor | Weak fit | Mid-cap equities carry inherent market volatility that may exceed the risk tolerance of conservative investors. |
Investor Profile
Ideal Investor Profile
Investors seeking broad exposure to the U.S. mid-cap sector as part of a diversified core equity portfolio.
Suitability
Primarily for long-term investors looking for capital appreciation through mid-sized company growth.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | Medium / high | Mid-cap stocks are generally more volatile than large-cap blue-chip stocks. |
| Market risk | High | The ETF is directly exposed to downturns in the broader U.S. equity market. |
| Concentration | Low | Holding 400 stocks provides good diversification across many industries. |
| Tracking/expense | Low | The fund closely tracks its benchmark with a predictable fee structure. |
| Liquidity | Low | High trading volume ensures investors can enter and exit positions easily. |
| Business/sector quality | Medium | Portfolio quality depends on the underlying health of mid-sized U.S. corporations. |
Risk Analysis
Volatility
MDY typically displays moderate to high volatility consistent with the mid-cap asset class.
Market Risk
The fund is subject to systematic risks affecting the U.S. domestic economy and equity markets.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Market capitalization | U.S. Mid-Cap Equities | 99.5 | This provides broad exposure to 400 U.S. companies that sit between small-cap and large-cap in market value. |
| Cash/collateral | Cash and Cash Equivalents | 0.5 | Minimal cash is held to manage liquidity and daily transaction requirements. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Very Smooth
The stock has followed a highly orderly price path with minimal short-term disruption.
Analysis of Past Performance
Type ETF | Historic Profit 10.17% | Avg. Invested days 61 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 10/01/2026 |
ETF Fundamentals 
Source: EOD Historical Data • Updated Oct 1, 2026
Fund Basics
| Metric | Value |
|---|---|
| Fund Size (AUM) | $25.65B |
| Issuer | State Street Investment Management |
| Expense Ratio | 0.24% |
| Distribution Yield | 1.02% |
| Inception | May 4, 1995 |
Performance
| Period | Total Return |
|---|---|
| YTD | +11.19% |
| 1 Year | +13.96% |
| 3 Year | +14.61% |
| 5 Year | +7.58% |
| 10 Year | +10.36% |
Risk Metrics
| Metric | Value |
|---|---|
| 1Y Volatility | 11.85% |
| 3Y Volatility | 15.63% |
| 3Y Sharpe Ratio | 0.61 |
Ratings
| Metric | Value |
|---|---|
| Morningstar Rating | ★★★★★ |
| Sustainability Rating | 2 / 5 |
| Benchmark | S&P 500 TR USD |
Market Cap Distribution
| Cap Size | Weight |
|---|---|
| Small Cap | 66.64% |
| Mid Cap | 28.22% |
| Micro Cap | 2.92% |
| Large Cap | 1.12% |
Top Sectors
| Sector | Weight |
|---|---|
| Industrials | 22.22% |
| Technology | 17.07% |
| Financial Services | 13.40% |
| Healthcare | 10.77% |
Asset Allocation
Portfolio Characteristics
| Metric | Value |
|---|---|
| Portfolio P/E | 16.99x |
| Portfolio P/B | 2.54x |
| Portfolio P/S | 1.48x |
| Holdings Turnover | 20.07% |
Top Holdings
| Holding | Weight |
|---|---|
| Twilio | 1.00% |
| Illumina | 0.91% |
| TechnipFMC | 0.87% |
| Everpure | 0.82% |
| Okta | 0.81% |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
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