State Street SPDR Portfolio S&P 400 Mid Cap ETF
$64.16+0.08 (+0.12%)
- 0.03%
- $18.4B
- +17.2%
- 1.31%
- 1.5M sh
- $64.32
- low $54.53high $68.97
The ETF.net SPMD Grade
A
Score 85 out of 100
- 1 of 11
Score 85 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A96 out of 100Rank 1 of 11Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 11Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C53 out of 100Rank 2 of 11Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A80 out of 100Rank 2 of 11Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A84 out of 100Rank 1 of 11Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A73 out of 100Rank 3 of 11
Our read on SPMD
AFour ETFs track the S&P MidCap 400. This is the cheapest of them at 0.03%, a fraction of what the priciest wrapper on the identical 400 stocks charges. Same index, smaller toll booth.
The fund seeks to track the total return performance of the S&P MidCap 400 Index before fees and expenses, providing exposure to mid-cap U.S. equities.
Why people hold it
- 0.03% a year for the S&P MidCap 400. The other funds tracking that same index charge 0.05% (IJH), 0.07% (IVOO) and 0.23% (MDY).
- Boring done well: about 400 mid-cap US stocks, one published S&P index, and tracking measured as among the tightest in its peer group.
- A multi-billion-dollar fund that trades actively, so entering and exiting is rarely the hard part.
- Stands in the top tier of the S&P MidCap 400 wrappers we grade, driven by fee and tracking rather than any clever twist.
Worth knowing
- Mid caps swing harder than mega caps in both directions. Volatility is the softest of this fund's measured marks.
- One slice only: US mid-cap equity. No large caps, no small caps, no bonds, nothing overseas.
- Cash comes quarterly, not monthly.
SPMD Holdings
- Stocks
- 402
- 7%
- OKTA
Geography
- United States96.37%
- United Kingdom1.75%
- Bermuda0.73%
- Cayman Islands0.51%
- Ireland0.42%
- Sweden0.22%
SPMD Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
SPMD$11,715
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | SPMD |
|---|---|
| Year to date | +11.7% |
| 1 month | −1.4% |
| 3 months | −3.0% |
| 1 year | +17.2% |
| 3 years | +15.8% |
| 5 years | +8.0% |
| 10 years | +10.8% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | SPMD |
|---|---|---|
| 2026 YTD | +11.7% | |
| 2025 | +7.4% | |
| 2024 | +13.9% | |
| 2023 | +16.5% | |
| 2022 | −13.1% | |
| 2021 | +24.8% | |
| 2020 | +13.5% |
SPMD in the news
SPMD Dividends
- 1.31%
- $0.84
- $0.23 per share
- Quarterly
Distribution history
SPMD Risk
- 15.6%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.66
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −24.1%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.02
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SPMD Cost
0.03%
SPMD0.03%
- The middle half of S&P MidCap 400 funds
- Median 0.15%
No S&P MidCap 400 fund charges less.
Other funds in S&P MidCap 400
- AIJHiShares Core S&P Mid-Cap ETFExpense ratio 0.05%1 year return +17.2%
- AIVOOVanguard S&P Mid-Cap 400 ETFExpense ratio 0.07%1 year return +17.2%
- BMDYState Street SPDR S&P MIDCAP 400 ETF TrustExpense ratio 0.23%1 year return +16.8%
- BMDYVState Street SPDR S&P 400 Mid Cap Value ETFExpense ratio 0.15%1 year return +14.0%
- BXJHiShares ESG Select Screened S&P Mid-Cap ETFExpense ratio 0.12%1 year return +17.9%