MDY vs MIDE: Grades, Fees and Holdings Compared

State Street SPDR S&P MIDCAP 400 ETF Trust

MDYBNYSE Arca

Xtrackers S&P MidCap 400 Scored & Screened ETF

MIDECNYSE Arca

Overlap

62.8%by weight

Expense ratio

MIDE −0.08pt a year

MDY0.23%MIDE0.15%

Avg volume · 30D

MDY 860.0×the volume

MDY636KMIDE739

5Y return · a year

MIDE +0.6pt

MDY+6.9%MIDE+7.5%

MDY vs MIDE Performance

Oct 29, 2021 – Oct 30, 2026

+39.7%MDY+43.9%MIDE

Expense ratio: MDY 0.23%; MIDE 0.15%, better
Fund size: MDY $25.8B; MIDE $3M
1Y total return: MDY +14.0%; MIDE +17.3%, better
Yield (12M): MDY 1.05%; MIDE 1.29%, better
Holdings: MDY 401; MIDE 265
Avg volume (30D): MDY 636K sh, better; MIDE 739 sh
NAV per share: MDY $668.72; MIDE $37.17
52W range

ETF.net Grade

Pillar letters and Scores for MDY, MIDE, with each pillar’s weight
Pillar	MDY	MIDE
Cost30% weight	F24	C51Higher
Mission25% weight	A100Higher	A99
Risk15% weight	C52	C52
Tradability15% weight	A93Higher	F8
Holdings10% weight	A83Higher	B59
Durability5% weight	A76Higher	F11

Rank among S&P MidCap 400 funds

How we build Categories ›

Same Category. MDY and MIDE are both graded against the same 11 S&P MidCap 400 funds, so their Grades compare head to head.

S&P MidCap 400⁠

Category · 11 funds

See all 11 ›

MDY ranks 4th and MIDE 10th of 11 funds in the S&P MidCap 400 Category.

Rank 1ASPMDState Street SPDR Portfolio S&P 400 Mid Cap ETFScore 85
Rank 2AIJHiShares Core S&P Mid-Cap ETFScore 84
Rank 3AIVOOVanguard S&P Mid-Cap 400 ETFScore 71
Rank 4BMDYState Street SPDR S&P MIDCAP 400 ETF TrustScore 66
Rank 5BMDYVState Street SPDR S&P 400 Mid Cap Value ETFScore 65
Rank 9CRWKInvesco S&P MidCap 400 Revenue ETFScore 45
Rank 10CMIDEXtrackers S&P MidCap 400 Scored & Screened ETFScore 40
Rank 11DMCOWPacer S&P MidCap 400 Quality FCF Aristocrats ETFScore 31

Our read on each fund

ETF.net Research

MDYBState Street SPDR S&P MIDCAP 400 ETF Trust

MIDECXtrackers S&P MidCap 400 Scored & Screened ETF

In short

MDY Launched in 1995, MDY was the original one-ticker route into the S&P MidCap 400, and it still trades like a heavyweight. The trade-off: a fee set in an era before same-index clones charged pennies.

MIDE Mid-cap America with a filter: MIDE tracks S&P's Scored & Screened cut of the MidCap 400, holding roughly 300 of the names. Launched in 2021, it's the small, screened cousin in a cohort ruled by giant plain-vanilla trackers.

Stated mandate

MDY The fund seeks to track, before expenses, the price and yield performance of the S&P MidCap 400 Index.

MIDE The fund seeks investment results that generally correspond, before fees and expenses, to the performance of its underlying index.

Why people hold it

MDY A 1995 launch makes it one of the oldest ETFs on the US market, and it is still a multi-billion-dollar, actively traded way to own mid-size America.
Tracking is about as tight as this group gets: roughly 400 mid-size US companies, held with minimal drift from the S&P MidCap 400 Index it follows.ssga.com
Built as a 1940 Act unit investment trust, so it holds the index as published rather than a sample, and passes cash through to holders quarterly.

MIDE The screen is the point: it starts from the S&P MidCap 400 and follows the Scored & Screened index rules, landing at roughly 300 stocks instead of the full roster.
At 0.15%, the fee lands right on the median for S&P MidCap 400 trackers and below MDY's 0.23%.
No mandate mystery: a straight index fund that aims to match its stated benchmark before fees, and it pays quarterly.

Worth knowing

MDY It charges 0.23%, above the cohort median and several times what same-index options like SPMD (0.03%) and IJH (0.05%) cost. Identical index, different bill.
The trust structure cannot lend out holdings or reinvest dividends between quarterly payouts, small frictions that newer open-end fund structures avoid.
Pure mid-cap exposure, no large-cap ballast: the swings here tend to run wider than a broad S&P 500 or total-market fund.

MIDE A small asset base and thin trading mean wider bid-ask spreads than the mid-cap heavyweights, a cost that shows up at the trade, not in the fee.
Unscreened exposure to the same mid-cap universe costs less: SPMD at 0.03%, IJH at 0.05%, IVOO at 0.07%.
The screens drop names the parent index keeps, so this follows the Scored & Screened version and moves differently from the headline S&P MidCap 400.

Full MDY profile⁠

Full MIDE profile⁠

MDY vs MIDE Holdings

How MDY and MIDE differ

Overlap by weight

62.8%

Shared holdings make up 96.9% of MIDE and 62.8% of MDY.

Level by level

Holdings257 in both62.8%
Sector11 Sectors94.5%
Asset classEquity100%
Countryby domicile99.6%

Sector

Sector weights in MDY and MIDE, widest gap first
Sector	More in MDYMore in MIDE	MDY	MIDE
Technology	MIDE +2.9 points	14.1%	17.0%
Real Estate	MIDE +1.8 points	7.0%	8.8%
Utilities	MDY +1.5 points	3.3%	1.8%
Materials	MDY +1.4 points	5.9%	4.5%
Industrials	MDY +1.3 points	23.2%	21.9%
Health Care	MDY +0.8 points	10.4%	9.6%
Communication	MDY +0.6 points	1.6%	1.0%
Financials	MIDE +0.3 points	15.3%	15.6%
Energy	MIDE +0.3 points	5.7%	6.0%
Consumer Discretionary	MIDE +0.1 points	10.3%	10.4%
Consumer Staples	MDY +0.1 points	3.4%	3.3%

Country, concentration and asset class

Country by domicile

Country weights in MDY and MIDE, widest gap first
Country	More in MDYMore in MIDE	MDY	MIDE
United States	Same weight	98.1%	98.1%
United Kingdom	MDY +0.4 points	1.4%	1.0%
Sweden	MIDE +0.1 points	0.2%	0.3%
Brazil	MIDE +0.1 points	0.1%	0.3%
India	MIDE +0.1 points	0.1%	0.3%

Concentration

Weight in the 10 largest Holdings

MDY7.4%
MIDE10.7%

Securities held

MDY401
MIDE264

Asset class

MDY: Equity
MIDE: Equity

Holdings

Only in MDY144
In both257
Only in MIDE7

Only in MDY

144 securities, 37.2% of MDY by weight

U.S. Dollar0.95%
ATI Inc0.68%
Reliance Inc.0.64%
Tenet Healthcare Corporation0.62%
XPO Inc.0.61%
Permian Resources Corporation Class A0.61%
Roku Inc. Class A0.59%
Roivant Sciences Ltd.0.58%
Nutanix Inc. Class A0.55%
Woodward Inc.0.53%
Curtiss-Wright Corporation0.52%
SharkNinja Inc.0.50%
APi Group Corporation0.49%
Exelixis Inc.0.47%
RB Global Inc.0.47%
Toast Inc. Class A0.46%
RBC Bearings Incorporated0.45%
Talen Energy Corp0.44%
Performance Food Group Co0.44%
Medpace Holdings Inc.0.44%
Pinnacle Financial Partners Inc.0.44%
CACI International Inc Class A0.43%
Lattice Semiconductor Corporation0.42%
Coeur Mining Inc.0.41%
Manhattan Associates Inc.0.40%
Lamar Advertising Company Class A0.40%
Sun Communities Inc.0.39%
Five Below Inc.0.39%
Semtech Corporation0.38%
BWX Technologies Inc.0.36%
HubSpot Inc.0.34%
Coca-Cola Consolidated Inc.0.34%
American Healthcare REIT Inc.0.33%
SiTime Corporation0.32%
MasTec Inc.0.32%
Onto Innovation Inc.0.31%
Carlyle Group Inc0.31%
AGNC Investment Corp.0.30%
American Financial Group Inc.0.30%
Molina Healthcare Inc.0.30%
Moog Inc. Class A0.29%
BrightSpring Health Services Inc.0.29%
OGE Energy Corp.0.29%
Solstice Advanced Materials Inc.0.28%
Cognex Corporation0.28%
Cullen/Frost Bankers Inc.0.28%
GameStop Corp. Class A0.28%
CNH Industrial NV0.28%
DigitalOcean Holdings Inc.0.28%
Tetra Tech Inc.0.28%

Only in MIDE

7 securities, 1.9% of MIDE by weight

Cnh Industrial NV0.46%
iShares ESG Screened S&P Mid-Cap ETF0.36%
Axalta Coating Systems Ltd0.32%
Novanta Inc0.24%
Fortune Brands Home & Security0.23%
Gap Inc0.21%
Lancaster Colony Corp0.10%

Weight gaps

The 100 widest of 257 Holdings in both funds.

Holding weights in MDY and MIDE, widest gap first
Holding	More in MDYMore in MIDE	MDY	MIDE
Okta Inc. Class AOKTA	MIDE +0.50 points	1.05%	1.55%
TechnipFMC plcFTI	MIDE +0.45 points	0.75%	1.20%
United Therapeutics CorporationUTHR	MIDE +0.41 points	0.73%	1.14%
US Foods Holding Corp.USFD	MIDE +0.36 points	0.64%	1.00%
Entegris Inc.ENTG	MIDE +0.35 points	0.70%	1.05%
Ovintiv IncOVV	MIDE +0.34 points	0.56%	0.90%
HF Sinclair CorporationDINO	MIDE +0.31 points	0.49%	0.80%
Royal Gold Inc.RGLD	MIDE +0.30 points	0.57%	0.87%
Reinsurance Group of America IncorporatedRGA	MIDE +0.29 points	0.49%	0.78%
East West Bancorp Inc.EWBC	MIDE +0.28 points	0.52%	0.80%
Jones Lang LaSalle IncorporatedJLL	MIDE +0.29 points	0.46%	0.75%
ITT Inc.ITT	MIDE +0.28 points	0.52%	0.80%
nVent Electric plcNVT	MIDE +0.27 points	0.64%	0.91%
DocuSign Inc.DOCU	MIDE +0.26 points	0.45%	0.71%
Carlisle Companies IncorporatedCSL	MIDE +0.26 points	0.42%	0.68%
TD SYNNEX CorporationSNX	MIDE +0.26 points	0.58%	0.84%
TransUnionTRU	MIDE +0.25 points	0.41%	0.66%
Dynatrace Inc.DT	MIDE +0.25 points	0.50%	0.75%
Halozyme Therapeutics Inc.HALO	MIDE +0.24 points	0.43%	0.67%
Neurocrine Biosciences Inc.NBIX	MIDE +0.23 points	0.43%	0.66%
WESCO International Inc.WCC	MIDE +0.24 points	0.51%	0.75%
Encompass Health CorporationEHC	MIDE +0.24 points	0.37%	0.61%
Lincoln Electric Holdings Inc.LECO	MIDE +0.24 points	0.44%	0.68%
Burlington Stores Inc.BURL	MIDE +0.23 points	0.44%	0.67%
BJ's Wholesale Club Holdings Inc.BJ	MIDE +0.24 points	0.38%	0.62%
W. P. Carey Inc.WPC	MIDE +0.24 points	0.42%	0.66%
Somnigroup International Inc.SGI	MIDE +0.24 points	0.42%	0.66%
Guidewire Software Inc.GWRE	MIDE +0.23 points	0.38%	0.61%
Omega Healthcare Investors Inc.OHI	MIDE +0.23 points	0.41%	0.64%
Clean Harbors Inc.CLH	MIDE +0.23 points	0.44%	0.67%
Toll Brothers Inc.TOL	MIDE +0.23 points	0.39%	0.62%
Jazz Pharmaceuticals Public Limited CompanyJAZZ	MIDE +0.23 points	0.39%	0.62%
MACOM Technology Solutions Holdings Inc.MTSI	MIDE +0.23 points	0.50%	0.73%
Antero Resources CorporationAR	MIDE +0.22 points	0.36%	0.58%
Annaly Capital Management Inc.NLY	MIDE +0.22 points	0.40%	0.62%
Range Resources CorporationRRC	MIDE +0.22 points	0.36%	0.58%
RenaissanceRe Holdings Ltd.RNR	MIDE +0.22 points	0.40%	0.62%
Crown Holdings Inc.CCK	MIDE +0.22 points	0.36%	0.58%
AramarkARMK	MIDE +0.22 points	0.42%	0.64%
RPM International Inc.RPM	MIDE +0.22 points	0.37%	0.59%
Unum GroupUNM	MIDE +0.21 points	0.38%	0.59%
Essential Utilities Inc.WTRG	MIDE +0.21 points	0.35%	0.56%
Penumbra Inc.PEN	MIDE +0.21 points	0.36%	0.57%
Equitable Holdings Inc.EQH	MIDE +0.20 points	0.40%	0.60%
Texas Roadhouse Inc.TXRH	MIDE +0.21 points	0.34%	0.55%
DT Midstream Inc.DTM	MIDE +0.20 points	0.37%	0.57%
Carpenter Technology CorporationCRS	MIDE +0.20 points	0.42%	0.62%
Nextpower Inc.NXT	MIDE +0.19 points	0.35%	0.54%
BioMarin Pharmaceutical Inc.BMRN	MIDE +0.19 points	0.32%	0.51%
Equity LifeStyle Properties Inc.ELS	MIDE +0.19 points	0.33%	0.52%
MKS Inc.MKSI	MIDE +0.19 points	0.42%	0.61%
Mueller Industries Inc.MLI	MIDE +0.19 points	0.35%	0.54%
Elanco Animal Health Inc.ELAN	MIDE +0.19 points	0.33%	0.52%
Ryder System Inc.R	MIDE +0.18 points	0.31%	0.49%
Gaming and Leisure Properties Inc.GLPI	MIDE +0.18 points	0.33%	0.51%
Watsco Inc.WSO	MIDE +0.18 points	0.31%	0.49%
Evercore Inc. Class AEVR	MIDE +0.18 points	0.33%	0.51%
Service Corporation InternationalSCI	MIDE +0.18 points	0.29%	0.47%
First Horizon CorporationFHN	MIDE +0.18 points	0.32%	0.50%
Booz Allen Hamilton Holding Corporation Class ABAH	MIDE +0.18 points	0.29%	0.47%
EastGroup Properties Inc.EGP	MIDE +0.17 points	0.31%	0.48%
SEI Investments CompanySEIC	MIDE +0.18 points	0.31%	0.49%
Fidelity National Financial Inc. - FNF GroupFNF	MIDE +0.18 points	0.29%	0.47%
Graco Inc.GGG	MIDE +0.17 points	0.32%	0.49%
FabrinetFN	MIDE +0.17 points	0.36%	0.53%
Avantor Inc.AVTR	MIDE +0.17 points	0.32%	0.49%
SouthState Bank CorporationSSB	MIDE +0.17 points	0.29%	0.46%
Ensign Group Inc.ENSG	MIDE +0.16 points	0.31%	0.47%
Alcoa CorporationAA	MIDE +0.17 points	0.30%	0.47%
Toro CompanyTTC	MIDE +0.17 points	0.29%	0.46%
BorgWarner Inc.BWA	MIDE +0.16 points	0.31%	0.47%
Regal Rexnord CorporationRRX	MIDE +0.16 points	0.31%	0.47%
Ally Financial IncALLY	MIDE +0.16 points	0.31%	0.47%
Owens CorningOC	MIDE +0.17 points	0.27%	0.44%
Dick's Sporting Goods Inc.DKS	MIDE +0.16 points	0.27%	0.43%
Knight-Swift Transportation Holdings Inc. Class AKNX	MIDE +0.17 points	0.28%	0.45%
Arrow Electronics Inc.ARW	MIDE +0.16 points	0.32%	0.48%
Applied Industrial Technologies Inc.AIT	MIDE +0.15 points	0.32%	0.47%
New York Times Company Class ANYT	MIDE +0.15 points	0.29%	0.44%
UMB Financial CorporationUMBF	MIDE +0.16 points	0.28%	0.44%
Repligen CorporationRGEN	MIDE +0.16 points	0.34%	0.49%
Wintrust Financial CorporationWTFC	MIDE +0.15 points	0.30%	0.45%
American Homes 4 Rent Class AAMH	MIDE +0.15 points	0.29%	0.44%
Donaldson Company Inc.DCI	MIDE +0.16 points	0.28%	0.44%
Acuity Inc.AYI	MIDE +0.15 points	0.28%	0.43%
Darling Ingredients IncDAR	MIDE +0.15 points	0.25%	0.40%
CubeSmartCUBE	MIDE +0.15 points	0.25%	0.40%
Flowserve CorporationFLS	MIDE +0.15 points	0.29%	0.44%
Sterling Infrastructure Inc.STRL	MIDE +0.14 points	0.33%	0.47%
AptarGroup Inc.ATR	MIDE +0.14 points	0.24%	0.38%
Stifel Financial CorpSF	MIDE +0.14 points	0.29%	0.44%
Advanced Drainage Systems Inc.WMS	MIDE +0.15 points	0.27%	0.42%
Watts Water Technologies Inc. Class AWTS	MIDE +0.14 points	0.28%	0.42%
CareTrust REIT Inc.CTRE	MIDE +0.15 points	0.24%	0.39%
HealthEquity IncHQY	MIDE +0.15 points	0.24%	0.39%
UGI CorporationUGI	MIDE +0.14 points	0.24%	0.38%
Zions Bancorporation NAZION	MIDE +0.14 points	0.28%	0.42%
Columbia Banking System Inc.COLB	MIDE +0.14 points	0.25%	0.39%
Littelfuse Inc.LFUS	MIDE +0.14 points	0.29%	0.43%
Crane CompanyCR	MIDE +0.14 points	0.29%	0.43%

All 400 MDY holdings⁠All 265 MIDE holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

MDY vs MIDE Cost

Overpaying MDY vs MIDE

$1,622

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

MDY 0.23%
$4,759
MIDE 0.15%
$3,137

Amount$10,000

Years30 years

Cost over time

MDY 0.23%
MIDE 0.15%
Overpaying

Year by year

Year	MDY	MIDE	Overpaying
10	$419	$274	$145
20	$1,630	$1,071	$559
30	$4,759	$3,137	$1,622

Expense ratio

0.23%MDY
0.15%MIDE, cheaper

MIDE0.15%MDY0.23%

0.03%0.49%

Middle half of S&P MidCap 400 funds
Median 0.15%

MIDE 5th cheapest of 11 funds

MDY 9th cheapest of 11 funds

MDY vs MIDE Dividends

Last 12 months to Oct 30, 2026

Yield (12M): MDY 1.05%; MIDE 1.29%, better
Payout (12M): MDY $7.01; MIDE $0.48
Last payment: MDY $1.60; MIDE $0.13
Ex-dividend: MDY Sep 18, 2026; MIDE Sep 18, 2026
Paid on: MDY Oct 30, 2026; MIDE Sep 25, 2026
Frequency: MDY Quarterly; MIDE Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

MDYQuarterly · 39 paymentsAll MDY payments⁠

MIDEQuarterly · 22 paymentsAll MIDE payments⁠

MDY vs MIDE Risk

Fall from peak · 5 years

MDY
MIDE

Risk facts

VolatilityStd dev, 3 years: MDY 15.1%, betterMIDE 15.3%
Return per unit of riskSharpe ratio, 3 years: MDY 0.83MIDE 0.87, better
Worst fallMax drawdown, 5 years: MDY −24.0%, betterMIDE −24.6%
Market sensitivityBeta, 5 years: MDY 1.02MIDE 1.01; Market = 1

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