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ETFs

SPDR Portfolio S&P 400 Mid Cap ETF

SPMD
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Nov 8, 2005
Expense Ratio
0.03%
Type
US Equities
Fund Owner
State Street (SPDR)
Volume (1m avg. daily)
$29,069,795
AUM
$6,751,357,636
Associated Index
S&P Midcap 400 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

HUBB
Hubbell Inc.
0.73%
RS
Reliance Steel & Aluminum Co.
0.68%
BLDR
Builders Firstsource Inc
0.68%
JBL
Jabil Inc
0.62%
DECK
Deckers Outdoor Corp.
0.59%
CSL
Carlisle Companies Inc.
0.56%
GGG
Graco Inc.
0.55%
ELS
Equity Lifestyle Properties Inc.
0.55%
GLPI
Gaming and Leisure Properties Inc
0.54%
RPM
RPM International, Inc.
0.54%
Invest with SPMD
Trade SPMD Options

What is SPMD?

The SPDR Portfolio S&P 400 Mid Cap ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P MidCap 400 Index (the "Index"). The S&P MidCap 400 provides investors with a benchmark for mid-sized companies. The index, which is distinct from the large-cap S&P 500, measures the performance of mid-sized companies, reflecting the distinctive risk and return characteristics of this market segment.

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

SPMD
Performance Measures**

for the time period Nov 15, 2005 to Dec 5, 2025

Returns

1M Trailing Return: 2.7%

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

3M Trailing Return: 1.1%

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

Measures of Risk or Volatility

Max Drawdown: -57.7%

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

Standard Deviation: 22.0%

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: 0.51

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: 0.16

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

ETFs related toSPMD

ETFs correlated to SPMD include IJH, MDY, MIDU

SPMD
SPDR Series Trust - SPDR Portfolio S&P 400 Mid Cap ETF
IJH
BlackRock Institutional Trust Company N.A. - iShares Core S&P Mid-Cap ETF
MDY
State Street Global Advisors - S&P MidCap 400 ETF
MIDU
Direxion Shares ETF Trust - Direxion Daily Mid Cap Bull 3x Shares
IVOO
Vanguard Group, Inc. - Vanguard S&P Mid-Cap 400 ETF
GRPM
Invesco Capital Management LLC - Invesco S&P MidCap 400 GARP ETF
VB
Vanguard Group, Inc. - Vanguard Small Cap ETF
BBMC
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Mid Cap Equity ETF
SCHM
Schwab Strategic Trust - Schwab U.S. Mid-Cap ETF
JHMM
John Hancock Investment Management LLC - John Hancock Multifactor Mid Cap ETF
IJJ
BlackRock Institutional Trust Company N.A. - iShares S&P Mid-Cap 400 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.

Trading Strategies
Related toSPMD

Hybrid Bitcoin or Alt-Sector Rotation

Category

Bitcoin, momentum, 200-day trend filter, sector rotation, leveraged/inverse ETFs, tactical allocation

OOS Cumulative Return

7.64%

SPDRverse

Category

Cross-asset momentum, sector rotation, SPDR ETFs, daily rebalancing, tactical allocation

OOS Cumulative Return

-2.23%

Create your own algorithmic trading strategy with SPMD using Composer

FAQ

SPMD is a US Equities ETF. The SPDR Portfolio S&P 400 Mid Cap ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P MidCap 400 Index (the "Index"). The S&P MidCap 400 provides investors with a benchmark for mid-sized companies. The index, which is distinct from the large-cap S&P 500, measures the performance of mid-sized companies, reflecting the distinctive risk and return characteristics of this market segment.

SPMD tracks the S&P Midcap 400 Index.

No, SPMD 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, SPMD 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 SPMD is -0.0217%. This is the percent change in the value of SPMD over the most recent 1-month period. The 3-month return on SPMD is -0.0058%. This is the percent change in the value of SPMD over the most recent 3-month period.

The standard deviation of SPMD for the past year is 0.2%. 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 SPMD include MYY, MZZ, and UMDD.

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

ETFs that are inversely correlated to SPMD include TZA, RWM, 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.