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IQSMvsMDYETF Comparison

ETF 1

IQSM

NYLI Candriam U.S. Mid Cap Equity ETF

This fund is part of

US Mid Cap

+0.07%

Full IQSM fund page

VS

ETF 2

MDY

State Street SPDR S&P MIDCAP 400 ETF Trust

This fund is part of

US Mid Cap

+0.07%

Full MDY fund page

NYLI Candriam U.S. Mid Cap Equity ETF (IQSM) and State Street SPDR S&P MIDCAP 400 ETF Trust (MDY) belong to the same industry segment: US Mid Cap. IQSM's top 3 sector exposures are Industrials, Information Technology and Health Care. In contrast, MDY's top sector exposures are Industrials, Information Technology and Financials. IQSM is less expensive with a Total Expense Ratio (TER) of 0.16%, versus 0.23% for MDY. IQSM is up 7.97% year-to-date (YTD) with +$90M in YTD flows. MDY performs better with 10.45% YTD performance, and -$532M in YTD flows. Run a side-by-side ETF comparison of IQSM and MDY 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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IQSM vs MDY performance and flow charts

Performance

Cumulative Flows

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

Data Services

Historic performance and flows

Data as of 04/24/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	IQSM MDY	+7.60%+7.62%	+2.80%+4.81%	+7.97%+10.45%	+27.58%+29.40%	+44.48%+51.16%	n/a+40.67%
Flows	IQSM MDY	+$16M+$126M	+$91M+$23M	+$90M-$532M	+$68M-$1.01B	+$249M-$914M	--$1.76B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	IQSM MDY	+18.26%+17.84%	+15.43%+15.80%	+17.49%+17.98%	n/a+19.85%
Max drawdown	IQSM MDY	-8.92%-8.78%	-8.92%-8.78%	-23.67%-23.91%	n/a-23.91%
Max drawdown duration	IQSM MDY	49d53d	49d53d	379d379d	n/a379d

Trading data

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	IQSM	MDY
Last sale 4/27/2026 at 1:30 PM	$37.21	$664.80
Previous close 04/24/2026	$37.31	$664.47
Consolidated volume 04/24/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of March 31, 2026

1-year trailing difference

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	IQSM	MDY
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 4/27/2026 at 1:30 PM

Live

Closed

	IQSM	MDY
Last price	$37.21	$664.80
1D performance	-0.26%	+0.05%
AuM	$316.20 M	$26.08 B
E/R	0.16%	0.23%

Characteristics

	IQSM	MDY
Management strategy	Passive	Passive
Provider	New York Life Investments	State Street Investment Management
Benchmark	NYLI Candriam U.S. Mid Cap Equity Index	S&P MidCap 400 Index
N° of holdings	221	381
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	October 25, 2022	May 4, 1995
ESG	Yes	No

More IQSM data on Trackinsight

More MDY data on Trackinsight

Exposure

Countries

IQSM

USA

87.19%

Other

12.81%

MDY

USA

92.34%

Other

7.66%

Sectors

IQSM

Industrials

19.3%

Information Techn.

14.71%

Health Care

13.53%

Financials

12.44%

Consumer Discreti.

9.5%

Real Estate

8.8%

Other

21.73%

MDY

Industrials

21.55%

Information Techn.

13.08%

Financials

13%

Consumer Discreti.

10.58%

Health Care

8.85%

Other

32.94%

Diversification

IQSM

Total weight of top 15 holdings out of 15

13.8%

MDY

Total weight of top 15 holdings out of 15

10.32%

Top 15 holdings

Data as of March 31, 2026

IQSM

TECHNIPFMC PLC

1.28%

UTD THERAPEUT

1.17%

XPO LOGISTICS

1.03%

ALBEMARLE

0.96%

MICHAEL STORES

0.95%

FABRINET

0.92%

BURLINGTON STORES

0.91%

US FOODS HOLDING CORP

0.89%

NVENT ELECTRIC PLC

0.87%

CH ROBINSON WW

0.85%

MODERNA INC

0.81%

TWILIO

0.79%

REVOLUTION MEDICINES INC

0.79%

ALCOA CORP

0.78%

YUM CHINA HOLDINGS

0.78%

MDY

TECHNIPFMC PLC

0.87%

CASEYS GENERAL STORES

0.84%

UTD THERAPEUT

0.79%

CURTISS WRIGHT

0.78%

FLEX LTD

0.75%

XPO LOGISTICS

0.71%

WOODWARD

0.66%

ROYAL GOLD

0.64%

US FOODS HOLDING CORP

0.63%

BURLINGTON STORES

0.63%

ATI INC

0.61%

MICHAEL STORES

0.61%

CARPENTER TECHNOLOGY

0.61%

NVENT ELECTRIC PLC

0.59%

TWILIO

0.59%

Frequently asked questions about IQSM and MDY

How have the IQSM and MDY ETFs performed in 2026?

As of April 24, 2026, IQSM is up 7.97% year-to-date (YTD), while MDY has returned 10.45%. That puts MDY better performer ahead so far this year.

Which ETF is attracting more investor money: IQSM or MDY?

Year-to-date, the IQSM ETF saw +$90M in flows, compared to -$532M for MDY.

Which ETF is more volatile: IQSM or MDY?

Over the past year, IQSM had a volatility of 15.43%, while MDY experienced 15.8%.

Which ETF is bigger: IQSM or MDY?

As of April 24, 2026, IQSM holds $316.20 M in assets under management (AUM), while MDY manages $26.08 B.

What sectors do the IQSM and MDY ETFs invest in?

IQSM leans toward sectors like Industrials, Information Technology and Health Care. Meanwhile, MDY focuses on Industrials, Information Technology and Financials.

What are the top holdings of the IQSM ETF and MDY ETF?

IQSM top holdings include TECHNIPFMC PLC, UTD THERAPEUT and XPO LOGISTICS. MDY holds in its top three: TECHNIPFMC PLC, CASEYS GENERAL STORES and UTD THERAPEUT.

IQSMvsMDYETF Comparison

NYLI Candriam U.S. Mid Cap Equity ETF

State Street SPDR S&P MIDCAP 400 ETF Trust

IQSM vs MDY performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the IQSM and MDY ETFs performed in 2026?

As of April 24, 2026, IQSM is up 7.97% year-to-date (YTD), while MDY has returned 10.45%. That puts MDY better performer ahead so far this year.

Which ETF is attracting more investor money: IQSM or MDY?

Year-to-date, the IQSM ETF saw +$90M in flows, compared to -$532M for MDY.

Which ETF is more volatile: IQSM or MDY?

Over the past year, IQSM had a volatility of 15.43%, while MDY experienced 15.8%.

Which ETF is bigger: IQSM or MDY?

As of April 24, 2026, IQSM holds $316.20 M in assets under management (AUM), while MDY manages $26.08 B.

What sectors do the IQSM and MDY ETFs invest in?

IQSM leans toward sectors like Industrials, Information Technology and Health Care. Meanwhile, MDY focuses on Industrials, Information Technology and Financials.

What are the top holdings of the IQSM ETF and MDY ETF?

IQSM top holdings include TECHNIPFMC PLC, UTD THERAPEUT and XPO LOGISTICS. MDY holds in its top three: TECHNIPFMC PLC, CASEYS GENERAL STORES and UTD THERAPEUT.

Which ETF is more diversified: IQSM or MDY?

IQSM holds 227 securities with 13.8% of its assets in the top 15. MDY has 399 securities and a top 15 weight of 10.32%.

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