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ETFs

SPDR S&P 400 Mid Cap Value ETF (based on S&P MidCap 400 Value Index--symbol: MGD)

MDYV
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Nov 8, 2005
Expense Ratio
0.15%
Type
US Equities
Fund Owner
State Street (SPDR)
Volume (1m avg. daily)
$6,895,979
AUM
$2,172,279,093
Associated Index
S&P Midcap 400 Pure Value Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

JBL
Jabil Inc
1.33%
ELS
Equity Lifestyle Properties Inc.
1.17%
RGA
Reinsurance Group Of America, Inc.
0.93%
RRX
Regal Rexnord Corp
0.92%
CHK
Chesapeake Energy Corp. - Ordinary Shares - New
0.87%
UNM
Unum Group
0.87%
TOL
Toll Brothers Inc.
0.76%
LAD
Lithia Motors, Inc. - Ordinary Shares - Class A
0.76%
NYCB
New York Community Bancorp Inc.
0.76%
XPO
XPO Inc
0.75%
Invest with MDYV
Trade MDYV Options

What is MDYV?

The SPDR S&P 400 Mid Cap Value ETF before expenses seeks to closely match the returns and characteristics of the S&P Mid Cap 400 Value Index (ticker: SPTRMV). Our approach is designed to provide portfolios with low portfolio turnover accurate tracking and lower costs.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

MDYV
Performance Measures**

for the time period Nov 15, 2005 to Dec 4, 2025

Returns

1M Trailing Return: 4.1%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 1.2%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -60.9%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 21.9%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.48

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.14

The annualized return divided by the max drawdown for the selected time period.

ETFs related toMDYV

ETFs correlated to MDYV include IJJ, IVOV, VBR

MDYV
SPDR Series Trust - SPDR S&P 400 Mid Cap Value ETF
IJJ
BlackRock Institutional Trust Company N.A. - iShares S&P Mid-Cap 400 Value ETF
IVOV
Vanguard Group, Inc. - Vanguard S&P Mid-Cap 400 Value ETF
VBR
Vanguard Group, Inc. - Vanguard Small Cap Value ETF
IJH
BlackRock Institutional Trust Company N.A. - iShares Core S&P Mid-Cap ETF
SPMD
SPDR Series Trust - SPDR Portfolio S&P 400 Mid Cap ETF
MIDU
Direxion Shares ETF Trust - Direxion Daily Mid Cap Bull 3x Shares
MDY
State Street Global Advisors - S&P MidCap 400 ETF
IVOO
Vanguard Group, Inc. - Vanguard S&P Mid-Cap 400 ETF
EZM
WisdomTree Trust - WisdomTree U.S. MidCap Fund
FNDA
Schwab Strategic Trust - Schwab Fundamental U.S. Small Company Index ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toMDYV

Simon | KMLM switcher | Simon Shorts Ed. + MbM | (single pops)| BT 4/13/22

Category

Trend-following, RSI momentum, volatility hedging, leveraged ETFs, inverse ETFs, managed futures (KMLM), bonds/cash, tech/semis/small-cap/biotech, risk-on/off

OOS Cumulative Return

94.76%

AutoSignals | (TQQQ or SH? Edition)

Category

Trend-following, risk-on/off, RSI and moving-average filters, cross-asset signals, TQQQ vs SH toggle, high turnover, leveraged ETF

OOS Cumulative Return

0.92%

Create your own algorithmic trading strategy with MDYV using Composer

FAQ

MDYV is a US Equities ETF. The SPDR S&P 400 Mid Cap Value ETF before expenses seeks to closely match the returns and characteristics of the S&P Mid Cap 400 Value Index (ticker: SPTRMV). Our approach is designed to provide portfolios with low portfolio turnover accurate tracking and lower costs.

MDYV tracks the S&P Midcap 400 Pure Value Index.

No, MDYV is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, MDYV is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on MDYV is -0.0254%. This is the percent change in the value of MDYV over the most recent 1-month period. The 3-month return on MDYV is -0.0154%. This is the percent change in the value of MDYV over the most recent 3-month period.

The standard deviation of MDYV for the past year is 0.204%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to MDYV include RFV, IWO, and VTV.

ETFs correlated to MDYV include IJJ, IVOV, and VBR.

ETFs that are inversely correlated to MDYV include RWM, TZA, and TWM.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.