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ETFs

Xtrackers S&P MidCap 400 ESG ETF

MIDE
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Feb 23, 2021
Expense Ratio
0.15%
Type
US Equities
Fund Owner
DWS
Volume (1m avg. daily)
$42,196
AUM
$11,241,801
Associated Index
S&P MidCap 400 ESG Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

HUBB
Hubbell Inc.
1.14%
JBL
Jabil Inc
0.98%
DECK
Deckers Outdoor Corp.
0.92%
CSL
Carlisle Companies Inc.
0.89%
RPM
RPM International, Inc.
0.84%
OC
Owens Corning
0.84%
LII
Lennox International Inc
0.83%
MANH
Manhattan Associates, Inc.
0.83%
ACM
AECOM
0.79%
NBIX
Neurocrine Biosciences, Inc.
0.77%
Invest with MIDE
Trade MIDE Options

What is MIDE?

Xtrackers S&P MidCap 400 ESG ETF, seeks investment results that correspond generally to the performance, before fees and expenses, of the S&P MidCap 400 ESG Index. The S&P MidCap 400 ESG Index is a broad-based, market-cap-weighted index that is designed to measure the performance of securities meeting sustainability criteria, while maintaining similar overall industry group weights as the S&P MidCap 400. The index excludes companies with disqualifying UN Global Compact scores and business involvement in tobacco or controversial weapons, then targets 75% of the float market capitalization of each GICS Industry Group within the S&P 500, using an ESG score as the defining characteristic.

1M
3M
6M
YTD
1Y
3Y
Max
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MIDE
Performance Measures**

for the time period Feb 24, 2021 to Dec 4, 2025

Returns

1M Trailing Return: 4.3%

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

3M Trailing Return: 2.3%

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

Measures of Risk or Volatility

Max Drawdown: -24.6%

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

Standard Deviation: 20.0%

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: 0.44

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: 0.29

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

ETFs related toMIDE

ETFs correlated to MIDE include SPMD, MIDU, IJH

MIDE
DBX ETF Trust - Xtrackers S&P MidCap 400 ESG 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
IJH
BlackRock Institutional Trust Company N.A. - iShares Core S&P Mid-Cap ETF
IVOO
Vanguard Group, Inc. - Vanguard S&P Mid-Cap 400 ETF
MDY
State Street Global Advisors - S&P MidCap 400 ETF
GRPM
Invesco Capital Management LLC - Invesco S&P MidCap 400 GARP ETF
IVOV
Vanguard Group, Inc. - Vanguard S&P Mid-Cap 400 Value ETF
IJJ
BlackRock Institutional Trust Company N.A. - iShares S&P Mid-Cap 400 Value ETF
VBR
Vanguard Group, Inc. - Vanguard Small Cap Value ETF
MDYV
SPDR Series Trust - SPDR S&P 400 Mid Cap Value 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.

FAQ

MIDE is a US Equities ETF. Xtrackers S&P MidCap 400 ESG ETF, seeks investment results that correspond generally to the performance, before fees and expenses, of the S&P MidCap 400 ESG Index. The S&P MidCap 400 ESG Index is a broad-based, market-cap-weighted index that is designed to measure the performance of securities meeting sustainability criteria, while maintaining similar overall industry group weights as the S&P MidCap 400. The index excludes companies with disqualifying UN Global Compact scores and business involvement in tobacco or controversial weapons, then targets 75% of the float market capitalization of each GICS Industry Group within the S&P 500, using an ESG score as the defining characteristic.

MIDE tracks the S&P MidCap 400 ESG Index.

No, MIDE 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, MIDE 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 MIDE is -0.023%. This is the percent change in the value of MIDE over the most recent 1-month period. The 3-month return on MIDE is -0.0038%. This is the percent change in the value of MIDE over the most recent 3-month period.

The standard deviation of MIDE for the past year is 0.2012%. 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 MIDE include SPHQ, DSI, and QUAL.

ETFs correlated to MIDE include SPMD, MIDU, and IJH.

ETFs that are inversely correlated to MIDE 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.