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SPMDvsMDYETF Comparison

ETF 1
SPMD

SPDR Portfolio S&P 400 Mid Cap ETF

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

SPDR S&P MIDCAP 400 ETF Trust

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

The ETFs SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) and SPDR S&P MIDCAP 400 ETF Trust (MDY) track the S&P MidCap 400 Total Return Index - USD and belong to the same industry segment: US Mid Cap. SPMD's top 3 sector exposures are Industrials, Information Technology and Financials. In contrast, MDY's top sector exposures are Industrials, Financials and Information Technology. SPMD is less expensive with a Total Expense Ratio (TER) of 0.03%, versus 0.23% for MDY. SPMD is up 3.61% year-to-date (YTD) with +$376M in YTD flows. MDY performs better with 3.81% YTD performance, and -$798M in YTD flows. Run a side-by-side ETF comparison of SPMD 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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SPMD vs MDY 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 03/11/2026
1M3MYTD1Y3Y5Y
Perf.
SPMD
MDY
-4.46%-4.43%
+0.99%+2.17%
+3.61%+3.81%
+19.21%+18.61%
+48.62%+47.78%
+40.54%+41.33%
Flows
SPMD
MDY
+$275M-$150M
+$522M-$274M
+$376M-$798M
+$1.88B-$1.59B
+$6.75B-$1.16B
+$8.61B-$2.33B
Volatility and drawdown
3M1Y3Y5Y
Volatility
SPMD
MDY
+15.11%+15.13%
+20.85%+20.79%
+17.99%+18.02%
+19.64%+19.84%
Max drawdown
SPMD
MDY
-5.39%-5.36%
-15.07%-15.01%
-23.98%-23.91%
-23.98%-23.91%
Max drawdown duration
SPMD
MDY
17d16d
46d46d
379d379d
379d379d
Trading data

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SPMD
MDY
Last sale
3/12/2026 at 7:57 PM
$58.73
$611.61
Previous close
03/11/2026
$60.00
$624.53
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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SPMD
MDY
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 7:57 PM
Live
Closed
SPMD
MDY
Last price
$58.73
$611.61
1D performance
-2.12%
-2.07%
AuM$15.94 B$24.31 B
E/R0.03%0.23%
Characteristics
SPMD
MDY
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 dateNovember 8, 2005May 4, 1995
ESGNoNo
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Exposure

Countries

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

Sectors

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

SPMD

Total weight of top 15 holdings out of 15

10.53%
MDY

Total weight of top 15 holdings out of 15

10.49%

Top 15 holdings

Data as of January 31, 2026
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%
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%
Frequently asked questions about SPMD and MDY

How have the SPMD and MDY ETFs performed in 2026?

As of March 11, 2026, SPMD is up 3.61% year-to-date (YTD), while MDY has returned 3.81%. That puts MDY better performer ahead so far this year.

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

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

Which ETF is more volatile: SPMD or MDY?

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

Which ETF is bigger: SPMD or MDY?

As of March 11, 2026, SPMD holds $15.94 B in assets under management (AUM), while MDY manages $24.31 B.

What sectors do the SPMD and MDY ETFs invest in?

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

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

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

Which ETF is more diversified: SPMD or MDY?

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

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