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CZAvsMDYVETF Comparison

ETF 1
CZA

Invesco Zacks Mid-Cap ETF

This fund is part of
US Multi-Factor
-1.26%
Full CZA fund page
VS
ETF 2
MDYV

SPDR S&P 400 Mid Cap Value ETF

This fund is part of
US Mid Cap Value
-1.45%
Full MDYV fund page

Invesco Zacks Mid-Cap ETF (CZA) belongs to the US Multi-Factor segment. SPDR S&P 400 Mid Cap Value ETF (MDYV) is part of the US Mid Cap Value segment. CZA's top 3 sector exposures are Financials, Industrials and Materials. In contrast, MDYV's top sector exposures are Financials, Industrials and Consumer Discretionary. CZA is more expensive with a Total Expense Ratio (TER) of 0.69%, versus 0.15% for MDYV. CZA is down -0.05% year-to-date (YTD) with -$42M in YTD flows. MDYV performs worse with -0.49% YTD performance, and -$53M in YTD flows. Run a side-by-side ETF comparison of CZA and MDYV below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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CZA vs MDYV performance and flow charts

Performance

-8.0-6.0-4.0-2.00.02.0%Feb 12Feb 20Feb 27Mar 6

Cumulative Flows

-4 M-2 M0 M2 M4 MFeb 12Feb 20Feb 27Mar 6

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 03/12/2026
1M3MYTD1Y3Y5Y
Perf.
CZA
MDYV
-4.44%-7.28%
-0.79%-2.02%
-0.05%-0.49%
+10.07%+12.32%
+36.87%+39.45%
+43.39%+38.03%
Flows
CZA
MDYV
--$4M
-$3M-$36M
-$42M-$53M
-$19M-$231M
-$67M-$984M
-$98M-$1M
Volatility and drawdown
3M1Y3Y5Y
Volatility
CZA
MDYV
+12.47%+15.15%
+17.67%+20.60%
+14.78%+18.26%
+16.06%+19.59%
Max drawdown
CZA
MDYV
-6.49%-8.94%
-13.23%-15.15%
-18.73%-22.46%
-18.73%-22.46%
Max drawdown duration
CZA
MDYV
14d32d
37d52d
373d379d
373d379d
Trading data

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CZA
MDYV
Last sale
3/12/2026 at 7:35 PM
$110.66
$84.22
Previous close
03/12/2026
$112.41
$84.27
Consolidated volume
03/12/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of February 27, 2026
1-year trailing difference

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CZA
MDYV
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 3/12/2026 at 7:35 PM
Live
Closed
CZA
MDYV
Last price
$110.66
$84.22
1D performance
-1.56%
-0.06%
AuM$180.40 M$2.38 B
E/R0.69%0.15%
Characteristics
CZA
MDYV
Management strategyPassivePassive
ProviderInvescoSPDR
BenchmarkZacks Mid-Cap Core IndexS&P MidCap 400 Value Index
N° of holdings90293
Asset classEquitiesEquities
Trailing 12m distribution yield
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Inception dateApril 2, 2007November 8, 2005
ESGNoNo
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Exposure

Countries

CZA
USA
82.63%
Other
17.37%
MDYV
USA
95.76%
Other
4.24%

Sectors

CZA
Financials
20.47%
Industrials
18.19%
Materials
12.86%
Real Estate
7.98%
Information Techn.
7.33%
Utilities
7.17%
Other
26%
MDYV
Financials
20.75%
Industrials
18.19%
Consumer Discreti.
12.66%
Materials
7.91%
Real Estate
7.9%
Information Techn.
7.67%
Other
24.92%
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Diversification

CZA

Total weight of top 15 holdings out of 15

28.8%
MDYV

Total weight of top 15 holdings out of 15

13.29%

Top 15 holdings

Data as of January 31, 2026
CZA
IQVIA HOLDINGS INC
2.18%
NUCOR
2.15%
WABTEC
2.11%
KEYSIGHT TECHNOLOGIES
2.02%
US36266G1076
2.01%
HARTFORD FINANCIAL SERVICES GRUP
1.98%
OTIS WORLDWIDE CORP
1.94%
XYLEM
1.89%
STATE STREET
1.89%
ARCH CAPITAL GROUP
1.84%
ARCHER DANIELS
1.83%
NUTRIEN LTD
1.82%
PG&E
1.77%
STELLANTIS NV
1.72%
WILLIS TOWERS WATSON
1.66%
MDYV
US FOODS HOLDING CORP
1.15%
RELIANCE STEEL
1.06%
JONES LANG LASALLE
1.04%
US0357108390
0.97%
PERFORMANCE FOOD GROUP
0.93%
ALCOA CORP
0.91%
WESCO INTL
0.87%
TOLL BROTHERS
0.86%
FIDELITY NATIONAL FINANCIAL
0.86%
WATSCO
0.83%
REINSURANCE GROUP OF AMER
0.82%
BJS WHOLESALE CLUB HOLDINGS INC
0.75%
FIRST HORIZON CORP
0.75%
TD SYNNEX
0.74%
CROWN HOLDINGS
0.74%
Frequently asked questions about CZA and MDYV

How have the CZA and MDYV ETFs performed in 2026?

As of March 12, 2026, CZA is down -0.05% year-to-date (YTD), while MDYV has lost -0.49%. That puts CZA better performer ahead so far this year.

Which ETF is attracting more investor money: CZA or MDYV?

Year-to-date, the CZA ETF saw -$42M in flows, compared to -$53M for MDYV.

Which ETF is more volatile: CZA or MDYV?

Over the past year, CZA had a volatility of 17.67%, while MDYV experienced 20.6%.

Which ETF is bigger: CZA or MDYV?

As of March 12, 2026, CZA holds $180.40 M in assets under management (AUM), while MDYV manages $2.38 B.

What sectors do the CZA and MDYV ETFs invest in?

CZA leans toward sectors like Financials, Industrials and Materials. Meanwhile, MDYV focuses on Financials, Industrials and Consumer Discretionary.

What are the top holdings of the CZA ETF and MDYV ETF?

CZA top holdings include IQVIA HOLDINGS INC, NUCOR and WABTEC. MDYV holds in its top three: US FOODS HOLDING CORP, RELIANCE STEEL and JONES LANG LASALLE.

Which ETF is more diversified: CZA or MDYV?

CZA holds 101 securities with 28.8% of its assets in the top 15. MDYV has 306 securities and a top 15 weight of 13.29%.

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