MDYV ETF — Holdings & Analysis

The State Street SPDR S&P 400 Mid Cap Value ETF (MDYV) is an exchange-traded fund that aims to replicate the performance of the S&P MidCap 400 Value Index. This index focuses on mid-sized U.S. companies that exhibit strong value characteristics. The fund's investment strategy involves selecting stocks based on fundamental ratios such as book value to price, earnings to price, and sales to price. MDYV provides investors with targeted exposure to the mid-cap value segment of the U.S. equity market, offering a potentially diversified portfolio of undervalued companies.

The expense ratio for MDYV is 0.15%. This means that for every $10,000 invested in the fund, $15 is charged annually to cover operating expenses. While expense ratios can vary among ETFs, MDYV's 0.15% is relatively competitive. When evaluating ETFs, it's important to consider the expense ratio as it directly impacts the overall return on investment. Lower expense ratios generally benefit investors by minimizing the cost of holding the fund.

As of 2026-03-15, the top holdings in MDYV include US Foods Holding Corp (1.30%), Reliance Inc (1.00%), and Alcoa Corp (0.97%). These holdings represent a portion of the fund's overall portfolio and reflect its value-oriented investment strategy. The fund's top ten holdings collectively account for a significant percentage of its total assets, indicating a degree of concentration within the portfolio. Investors should review the complete list of holdings to understand the fund's exposure to specific companies and sectors.

Whether MDYV is a suitable long-term investment depends on an individual's investment goals, risk tolerance, and time horizon. MDYV offers exposure to mid-cap value stocks, which may provide diversification benefits and potential for long-term capital appreciation. However, the fund's performance can be influenced by various factors, including market conditions, sector trends, and economic cycles. With a beta of 1.10, MDYV is more volatile than the market. Investors should carefully consider these factors and consult with a financial advisor before making any investment decisions. Past performance does not guarantee future results.

MDYV can be compared to other mid-cap value ETFs based on several factors, including expense ratio, assets under management (AUM), and investment strategy. MDYV has an expense ratio of 0.15% and AUM of $2.38B. Some competing ETFs may have lower or higher expense ratios, which can impact long-term returns. Additionally, different ETFs may track different indexes or employ different methodologies for selecting value stocks. Investors should carefully evaluate these factors to determine which ETF best aligns with their investment objectives and risk tolerance.

As of 2026-03-15, MDYV has a dividend yield of 0.00%. This indicates that the fund is not currently distributing dividends to its shareholders. While some ETFs focus on providing regular income through dividend payments, MDYV's primary objective is capital appreciation through investments in mid-cap value stocks. Investors seeking dividend income may want to consider other ETFs with a higher dividend yield.