MDY: SPDR® S&P MIDCAP 400® ETF Trust

SPDR® S&P MIDCAP 400® ETF Trust MDY

Important Risk Disclosure

In general, ETFs can be expected to move up or down in value with the value of the applicable index. Although ETF shares may be bought and sold on the exchange through any brokerage account, ETF shares are not individually redeemable from the Fund.

Investors may acquire ETFs and tender them for redemption through the Fund in Creation Unit Aggregations only. Please see the prospectus for more details.

Equity securities may fluctuate in value in response to the activities of individual companies and general market and economic conditions.

While the shares of ETFs are tradable on secondary markets, they may not readily trade in all market conditions and may trade at significant discounts in periods of market stress.

ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns.

Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257 download a prospectus or summary prospectus now, or talk to your financial advisor. Read it carefully before investing.

NAV

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

USD $367.42

as of Dec 09 2019

Base Currency

USD

Assets Under Management

USD $19,157.59 M

as of Dec 09 2019

Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

0.24%


Key Features

Key Features

  • The SPDR® S&P MIDCAP 400® ETF Trust seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the S&P® MidCap 400® IndexTM (the "Index")
  • Seeks to provide exposure to companies with a market cap in the range of US$1 billion to US$8 billion
  • Existing Index constituents are removed at the quarterly rebalancing effective date if either their float-adjusted market capitalization falls below $300 million or their float-adjusted liquidity ratio falls below 50%

About this Benchmark

About this Benchmark

The S&P MidCap 400® provides investors with a benchmark for mid-sized companies. The index, which is distinct from the large-cap S&P 500®, measures the performance of mid-sized companies, reflecting the distinctive risk and return characteristics of this market segment.


Fund Information as of Dec 09 2019

Fund Information as of Dec 09 2019

Benchmark Inception Date Options Available Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

Base Currency Trustee Marketing Agent
S&P MidCap 400 Index May 04 1995 Yes 0.24% USD The Bank of New York Mellon State Street Global Advisors Funds Distributors, LLC
Benchmark S&P MidCap 400 Index
Inception Date May 04 1995
Options Available Yes
Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

0.24%
Base Currency USD
Trustee The Bank of New York Mellon
Marketing Agent State Street Global Advisors Funds Distributors, LLC
Distributor Distribution Frequency
ALPS Distributors, Inc. Quarterly
Distributor ALPS Distributors, Inc.
Distribution Frequency Quarterly

Listing Information as of Dec 09 2019

Listing Information as of Dec 09 2019

Exchange Listing Date Trading Currency Ticker CUSIP ISIN
NYSE ARCA EXCHANGE May 04 1995 USD MDY 78467Y107 US78467Y1073
Exchange NYSE ARCA EXCHANGE
Listing Date May 04 1995
Trading Currency USD
Ticker MDY
CUSIP 78467Y107
ISIN US78467Y1073

Fund Characteristics as of Dec 06 2019

Fund Characteristics as of Dec 06 2019

Est. 3-5 Year EPS Growth

Estimated 3-5 Year EPS Growth

Based on the underlying holdings of the fund. The actual earnings estimates for the underlying holdings are provided by FactSet, First Call, I/B/E/S Consensus, and Reuters and are used to calculate a mean 3-5 year EPS growth rate estimate.

Number of Holdings Price/Book Ratio

Price/Book Ratio

The weighted harmonic average of closing market price divided by the most recent reported book value for each security in the fund's portfolio as calculated for the last twelve months.

Price/Earnings Ratio FY1

Price/Earnings Ratio FY1

The weighted harmonic average of current share price divided by the forecasted one year earnings per share for each security in the fund. Negative and positive outliers are included in the calculation.

Weighted Average Market Cap
10.50% 400 2.19 18.72 USD $6,119.12 M
Est. 3-5 Year EPS Growth

Estimated 3-5 Year EPS Growth

Based on the underlying holdings of the fund. The actual earnings estimates for the underlying holdings are provided by FactSet, First Call, I/B/E/S Consensus, and Reuters and are used to calculate a mean 3-5 year EPS growth rate estimate.

10.50%
Number of Holdings 400
Price/Book Ratio

Price/Book Ratio

The weighted harmonic average of closing market price divided by the most recent reported book value for each security in the fund's portfolio as calculated for the last twelve months.

2.19
Price/Earnings Ratio FY1

Price/Earnings Ratio FY1

The weighted harmonic average of current share price divided by the forecasted one year earnings per share for each security in the fund. Negative and positive outliers are included in the calculation.

18.72
Weighted Average Market Cap USD $6,119.12 M

Index Characteristics as of Dec 06 2019

Index Characteristics as of Dec 06 2019

Est. 3-5 Year EPS Growth Number of Holdings Price/Cash Flow Price/Earnings Price/Earnings Ratio FY1
10.50% 400 10.85 20.41 18.72
Est. 3-5 Year EPS Growth 10.50%
Number of Holdings 400
Price/Cash Flow 10.85
Price/Earnings 20.41
Price/Earnings Ratio FY1 18.72

Index Statistics as of Dec 06 2019

Index Statistics as of Dec 06 2019

Average Size
Size Range
Weighted Average Market Cap Mean Median Largest Smallest
USD $6,119.12 M USD $4,786.18 M USD $4,223.80 M USD $15,062.70 M USD $848.35 M
Weighted Average Market Cap USD $6,119.12 M
Average Size
Mean USD $4,786.18 M
Median USD $4,223.80 M
Size Range
Largest USD $15,062.70 M
Smallest USD $848.35 M

Fund Market Price as of Dec 09 2019

Fund Market Price as of Dec 09 2019

Bid/Ask

Bid/Ask Mid Point

(Also known as Mid Price) The price between the best price of the sellers for a trading unit of a given security and the best price of the buyer of a trading unit of a given a given security.

Closing Price

Closing Price

Market Price of last reported trade on the exchange.

Day High Day Low Exchange Volume (Shares) Premium/Discount

Premium/Discount to NAV

Shows the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds calculated as ((4PM Bid/Ask - Closing NAV) / Closing NAV * 100)

USD $367.56 USD $367.51 USD $368.97 USD $367.36 81,575 0.04%
Bid/Ask

Bid/Ask Mid Point

(Also known as Mid Price) The price between the best price of the sellers for a trading unit of a given security and the best price of the buyer of a trading unit of a given a given security.

USD $367.56
Closing Price

Closing Price

Market Price of last reported trade on the exchange.

USD $367.51
Day High USD $368.97
Day Low USD $367.36
Exchange Volume (Shares) 81,575
Premium/Discount

Premium/Discount to NAV

Shows the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds calculated as ((4PM Bid/Ask - Closing NAV) / Closing NAV * 100)

0.04%

Premium Discount to Nav

Quarter
    x axis: # of days
    y axis: # Premium/Discount percentage
    Fund Data

    The above information is provided to show the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds.

    Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257 download a prospectus or summary prospectus now, or talk to your financial advisor. Read it carefully before investing.


    Fund Net Asset Value as of Dec 09 2019

    Fund Net Asset Value as of Dec 09 2019

    NAV

    NAV

    The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

    Shares Outstanding Assets Under Management
    USD $367.42 52.14 M USD $19,157.59 M
    NAV

    NAV

    The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

    USD $367.42
    Shares Outstanding 52.14 M
    Assets Under Management USD $19,157.59 M
    Most Recent NAV / NAV History

    Fund Net Cash Amount as of Dec 09 2019

    Fund Net Cash Amount as of Dec 09 2019

    Net Cash Amount
    USD $47,936,565.15
    Net Cash Amount USD $47,936,565.15

    Fund Performance
    View as

    Fund Performance

    • Fund Inception Date: May 04 1995
    • Index Inception Date: Jun 19 1991
    As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
    May 04 1995
    Fund Before Tax
    NAV Nov 30 2019 2.95% 4.09% 22.43% 8.56% 8.73% 8.30% 12.75% 11.35%
    Market Value Nov 30 2019 2.92% 4.02% 22.36% 8.47% 8.72% 8.30% 12.74% 11.35%
    S&P MidCap 400 Index Nov 30 2019 2.98% 4.14% 22.75% 8.86% 9.04% 8.60% 13.10% 11.75%
    Fund After Tax
    Return after Taxes on Distributions Nov 30 2019 2.95% 4.09% 21.93% 7.96% 8.15% 7.69% 12.20% 10.80%
    Return after Taxes on Distributions and Sale of Fund Shares Nov 30 2019 1.75% 2.42% 13.27% 5.05% 6.50% 6.23% 10.37% 9.80%
    S&P MidCap 400 Index Nov 30 2019 2.98% 4.14% 22.75% 8.86% 9.04% 8.60% 13.10% 11.75%
    As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
    May 04 1995
    Fund Before Tax
    NAV Sep 30 2019 3.04% -0.14% 17.64% -2.75% 9.06% 8.58% 12.22% 11.25%
    Market Value Sep 30 2019 3.12% -0.21% 17.64% -2.73% 9.07% 8.59% 12.24% 11.26%
    S&P MidCap 400 Index Sep 30 2019 3.06% -0.09% 17.87% -2.49% 9.38% 8.88% 12.56% 11.64%
    Fund After Tax
    Return after Taxes on Distributions Sep 30 2019 2.88% -0.30% 17.15% -3.30% 8.48% 7.97% 11.67% 10.69%
    Return after Taxes on Distributions and Sale of Fund Shares Sep 30 2019 1.80% -0.08% 10.44% -1.63% 6.77% 6.46% 9.91% 9.69%
    S&P MidCap 400 Index Sep 30 2019 3.06% -0.09% 17.87% -2.49% 9.38% 8.88% 12.56% 11.64%

    as of Nov 30 2019

    as of Sep 30 2019

    Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index. Returns greater than one year and since inception are annualized.

    The market price used to calculate the Market Value return is the midpoint between the highest bid and the lowest offer on the exchange on which the shares of the Fund are listed for trading, as of the time that the Fund's NAV is calculated. If you trade your shares at another time, your return may differ.

    Gross Expense Ratio: 0.24%

    Top Holdings

    Subject to change.

    Top Holdings

    Subject to change.

    Fund Top Holdingsas of Dec 06 2019
    Index Top Holdingsas of Dec 06 2019

    Fund Top Holdings as of Dec 06 2019

    Name Shares Held Weight
    Zebra Technologies Corporation Class A 572,824 0.77%
    STERIS Plc 896,422 0.72%
    Teledyne Technologies Incorporated 385,076 0.70%
    Domino's Pizza Inc. 436,456 0.65%
    Old Dominion Freight Line Inc. 677,500 0.65%
    Alleghany Corporation 152,743 0.63%
    Tyler Technologies Inc. 408,405 0.61%
    West Pharmaceutical Services Inc. 780,642 0.60%
    Teradyne Inc. 1,798,898 0.60%
    Camden Property Trust 1,024,925 0.59%
    Download All Holdings: Daily

    Index Top Holdings as of Dec 06 2019

    Name Weight
    Zebra Technologies Corporation Class A 0.77%
    STERIS Plc 0.72%
    Teledyne Technologies Incorporated 0.70%
    Domino's Pizza Inc. 0.65%
    Old Dominion Freight Line Inc. 0.65%
    Alleghany Corporation 0.63%
    Tyler Technologies Inc. 0.61%
    West Pharmaceutical Services Inc. 0.60%
    Teradyne Inc. 0.60%
    Camden Property Trust 0.59%

    Sector Allocation

    Sector Allocation
    Fund Sector Breakdownas of Dec 06 2019
    Index Sector Breakdownas of Dec 06 2019

    Fund Sector Breakdown as of Dec 06 2019

    Sector Weight
    Industrials 16.73%
    Financials 16.39%
    Information Technology 15.67%
    Consumer Discretionary 12.25%
    Real Estate 11.16%
    Health Care 10.07%
    Materials 6.09%
    Utilities 4.44%
    Consumer Staples 2.96%
    Communication Services 2.32%
    Energy 1.92%

    Index Sector Breakdown as of Dec 06 2019

    Sector Weight
    Industrials 16.73%
    Financials 16.39%
    Information Technology 15.67%
    Consumer Discretionary 12.25%
    Real Estate 11.16%
    Health Care 10.07%
    Materials 6.09%
    Utilities 4.44%
    Consumer Staples 2.96%
    Communication Services 2.32%
    Energy 1.92%

    Holdings and sectors shown are as of the date indicated and are subject to change. This information should not be considered a recommendation to invest in a particular sector or to buy or sell any security shown. It is not known whether the sectors or securities shown will be profitable in the future.


    Fund Documents

    Fund Documents


    Information & Schedules

    Information & Schedules


    Purchase Information

    Purchase Information

    Buying and Selling ETFs

    ETFs are flexible and easy to trade. Investors buy and sell them like stocks, typically through a brokerage account. Investors can also employ traditional stock trading techniques; including stop orders, limit orders, margin purchases, and short sales using ETFs. They are listed on major US Stock Exchanges.

    ETFs are subject to risk similar to those of stocks including those regarding short-selling and margin account maintenance.

    Ordinary brokerage commissions apply.


    Fund Footnotes

    In general, ETFs can be expected to move up or down in value with the value of the applicable index. Although ETF shares may be bought and sold on the exchange through any brokerage account, ETF shares are not individually redeemable from the Fund. Investors may acquire ETFs and tender them for redemption through the Fund in Creation Unit Aggregations only. Please see the prospectus for more details.

    After-tax returns are calculated based on NAV using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor's tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

    Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index.

    As with all stocks, you may be required to deposit more money or securities into your margin account if the equity, including the amount attributable to your ETF shares, declines.

    Unless otherwise noted all information contained herein is that of the SPDR® S&P MIDCAP 400® ETF Trust.