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MDYvsSPMDETF Comparison

ETF 1
MDY

SPDR S&P MIDCAP 400 ETF Trust

This fund is part of
US Mid Cap
-0.25%
Full MDY fund page
VS
ETF 2
SPMD

SPDR Portfolio S&P 400 Mid Cap ETF

This fund is part of
US Mid Cap
-0.25%
Full SPMD fund page

The ETFs SPDR S&P MIDCAP 400 ETF Trust (MDY) and SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) track the S&P MidCap 400 Total Return Index - USD and belong to the same industry segment: US Mid Cap. MDY's top 3 sector exposures are Industrials, Financials and Information Technology. In contrast, SPMD's top sector exposures are Industrials, Information Technology and Financials. MDY is more expensive with a Total Expense Ratio (TER) of 0.23%, versus 0.03% for SPMD. MDY is up 3.81% year-to-date (YTD) with -$798M in YTD flows. SPMD performs worse with 3.61% YTD performance, and +$376M in YTD flows. Run a side-by-side ETF comparison of MDY and SPMD 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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MDY vs SPMD performance and flow charts

Performance

-5.0-4.0-3.0-2.0-1.00.01.0%Feb 10Feb 18Feb 25Mar 4Mar 11

Cumulative Flows

-200 M-100 M0 M100 M200 M300 MFeb 10Feb 18Feb 25Mar 4Mar 11

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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 03/10/2026
1M3MYTD1Y3Y5Y
Perf.
MDY
SPMD
-4.43%-4.46%
+2.17%+0.99%
+3.81%+3.61%
+18.61%+19.21%
+47.78%+48.62%
+41.33%+40.54%
Flows
MDY
SPMD
-$150M+$275M
-$274M+$522M
-$798M+$376M
-$1.59B+$1.88B
-$1.16B+$6.75B
-$2.33B+$8.61B
Volatility and drawdown
3M1Y3Y5Y
Volatility
MDY
SPMD
+15.13%+15.11%
+20.79%+20.85%
+18.02%+17.99%
+19.84%+19.64%
Max drawdown
MDY
SPMD
-5.36%-5.39%
-15.01%-15.07%
-23.91%-23.98%
-23.91%-23.98%
Max drawdown duration
MDY
SPMD
16d17d
46d46d
379d379d
379d379d
Trading data

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MDY
SPMD
Last sale
3/12/2026 at 1:30 PM
$611.82
$58.78
Previous close
03/11/2026
$624.53
$60.00
Consolidated volume
03/11/2026
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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MDY
SPMD
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 1:30 PM
Live
Closed
MDY
SPMD
Last price
$611.82
$58.78
1D performance
-2.04%
-2.03%
AuM$24.31 B$15.94 B
E/R0.23%0.03%
Characteristics
MDY
SPMD
Management strategyPassivePassive
ProviderSPDRSPDR
BenchmarkS&P MidCap 400 IndexS&P MidCap 400 Index
N° of holdings382382
Asset classEquitiesEquities
Trailing 12m distribution yield
Join
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Inception dateMay 4, 1995November 8, 2005
ESGNoNo
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Exposure

Countries

MDY
USA
93.01%
Other
6.99%
SPMD
USA
93.55%
Other
6.45%

Sectors

MDY
Industrials
20.87%
Financials
14.25%
Information Techn.
14.11%
Consumer Discreti.
10.84%
Health Care
8.38%
Other
31.57%
SPMD
Industrials
20.95%
Information Techn.
14.45%
Financials
13.72%
Consumer Discreti.
11.1%
Health Care
8.41%
Other
31.37%
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Diversification

MDY

Total weight of top 15 holdings out of 15

10.49%
SPMD

Total weight of top 15 holdings out of 15

10.53%

Top 15 holdings

Data as of January 31, 2026
MDY
CIENA
1.06%
US19247G1076
0.99%
LUMENTUM HOLDINGS
0.83%
CURTISS WRIGHT
0.72%
FLEX LTD
0.69%
CASEYS GENERAL STORES
0.67%
TECHNIPFMC PLC
0.67%
ILLUMINA
0.66%
PURE STORAGE
0.65%
ROYAL GOLD
0.64%
CA74935Q1072
0.63%
UTD THERAPEUT
0.60%
WOODWARD
0.57%
BWX TECHNOLOGIES INC
0.56%
US FOODS HOLDING CORP
0.56%
SPMD
CIENA
1.06%
US19247G1076
1.00%
LUMENTUM HOLDINGS
0.83%
CURTISS WRIGHT
0.72%
FLEX LTD
0.70%
TECHNIPFMC PLC
0.67%
CASEYS GENERAL STORES
0.67%
ILLUMINA
0.66%
PURE STORAGE
0.65%
ROYAL GOLD
0.64%
CA74935Q1072
0.63%
UTD THERAPEUT
0.60%
WOODWARD
0.57%
BWX TECHNOLOGIES INC
0.56%
US FOODS HOLDING CORP
0.56%
Frequently asked questions about MDY and SPMD

How have the MDY and SPMD ETFs performed in 2026?

As of March 10, 2026, MDY is up 3.81% year-to-date (YTD), while SPMD has returned 3.61%. That puts MDY better performer ahead so far this year.

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

Year-to-date, the MDY ETF saw -$798M in flows, compared to +$376M for SPMD.

Which ETF is more volatile: MDY or SPMD?

Over the past year, MDY had a volatility of 20.79%, while SPMD experienced 20.85%.

Which ETF is bigger: MDY or SPMD?

As of March 10, 2026, MDY holds $24.31 B in assets under management (AUM), while SPMD manages $15.94 B.

What sectors do the MDY and SPMD ETFs invest in?

MDY leans toward sectors like Industrials, Financials and Information Technology. Meanwhile, SPMD focuses on Industrials, Information Technology and Financials.

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

MDY top holdings include CIENA, US19247G1076 and LUMENTUM HOLDINGS. SPMD holds in its top three: CIENA, US19247G1076 and LUMENTUM HOLDINGS.

Which ETF is more diversified: MDY or SPMD?

MDY holds 399 securities with 10.49% of its assets in the top 15. SPMD has 400 securities and a top 15 weight of 10.53%.

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