This ETF offers exposure to mid cap stocks that exhibit growth characteristics, making MDYG a potentially useful tool for investors looking to fine tune their domestic equity exposure or implement a tilt towards a specific investment style. Investors constructing a long-term portfolio would be better off with a fund such as MDY or IJH that includes greater depth of holdings and a mix of various styles. Growth strategies often come with biases towards specific sectors, and may outperform more broadly-based indexes in certain economic environments. It should be noted that there is often considerable overlap between MDYG and its value counterpart MDYV, the result of a methodology that uses a generous definition of growth stocks. Rydex offers s pure style alternative, RFG, that is slightly more expensive but will offer a considerably more targeted focus on growth equities. Those seeking to make a meaningful tilt in their portfolio would be better served by using that fund. It should also be noted that IJK and IVOG seek to replicate the same index at comparable expense ratios. IVOG is slightly cheaper, and may be available commission free in certain accounts, while IJK will generally feature more narrow spreads. MDYG is a fine ETF, but there are a number of alternatives out there that offer more compelling methodologies, lower fees, or potentially better execution.
This section compares how balanced and deep this ETF is relative to its peers.
| MDYG | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Number of Holdings | 234 | 275 | 215 |
| % of Assets in Top 10 | 10.88% | 14.99% | 18.56% |
| % of Assets in Top 15 | 15.49% | 21.11% | 25.81% |
| % of Assets in Top 50 | 40.21% | 49.91% | 56.76% |
| MDYG | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Large (>12.9B) | 15.81% | 39.32% | 29.97% |
| Mid (>2.7B) | 83.00% | 48.46% | 44.59% |
| Small (>600M) | 1.19% | 1.64% | 0.44% |
| Micro (<600M) | 0.00% | 0.05% | 0.00% |
This section compares the P/E ratio of this ETF to its peers.
This section compares the dividend yield of this ETF to its peers.
| MDYG | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Dividend | $ 0.36 | $ 0.34 | $ 0.36 |
| Dividend Date | 2021-09-20 | N/A | N/A |
| Annual Dividend Rate | $ 0.76 | $ 0.76 | $ 0.51 |
| Annual Dividend Yield | 0.91% | 0.71% | 0.61% |
View charts featuring MDYG price and volume data.
View charts featuring ETF fund flow data.
5 Day Net Flows: -270.3 K 1 Month Net Flows: -4.26 M 3 Month Net Flows: 43.81 M 6 Month Net Flows: 29.02 M 1 Year Net Flows: -489.15 M 3 Year Net Flows: -367.14 M 5 Year Net Flows: 337.48 M 10 Year Net Flows: 674.4 MView charts that break down the influence that fund flows and price had on overall assets.
The adjacent table gives investors an individual Realtime Rating for MDYG on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Mid Cap Growth Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.
This section compares the cost efficiency of this ETF to its peers.
| Max ST Capital Gains Rate | 39.60% |
| Max LT Capital Gains Rate | 20.00% |
| Tax On Distributions | Qualified dividends |
| Distributes K1 | No |
This section shows how this ETF has performed relative to its peers.
| MDYG |
ETF Database
Category Average |
Factset Segment
Average |
|
|---|---|---|---|
| 1 Month Return | -7.22% | -6.89% | -7.66% |
| 3 Month Return | -10.14% | -11.51% | -12.35% |
| YTD Return | -12.20% | -11.73% | -11.59% |
| 1 Year Return | -2.93% | -1.56% | -4.16% |
| 3 Year Return | 48.92% | 37.09% | 40.30% |
| 5 Year Return | 68.43% | 59.74% | 62.03% |
The following charts reflect the geographic spread of MDYG's underlying holdings.
| Region | Percentage |
|---|---|
| North, Central and South America | 99.99% |
| Country | Percentage |
|---|---|
| United States | 97.25% |
| United Kingdom | 1.7% |
| Bermuda | 0.99% |
| Other | 0.05% |
The following charts reflect the allocation of MDYG's underlying holdings.
| Sector | Percentage |
|---|---|
| Finance | 22.18% |
| Producer Manufacturing | 12.81% |
| Electronic Technology | 9.65% |
| Health Technology | 7.89% |
| Technology Services | 7.5% |
| Consumer Services | 6.37% |
| Process Industries | 4.84% |
| Retail Trade | 4.83% |
| Commercial Services | 4.71% |
| Non-Energy Minerals | 4.56% |
| Consumer Durables | 3.4% |
| Consumer Non-Durables | 2.26% |
| Health Services | 2.13% |
| Energy Minerals | 1.94% |
| Transportation | 1.84% |
| Industrial Services | 1.73% |
| Utilities | 0.88% |
| Communications | 0.23% |
| Distribution Services | 0.19% |
| Miscellaneous | 0.05% |
| Market Cap | Percentage |
|---|---|
| Mid | 83.0% |
| Large | 15.81% |
| Small | 1.19% |
| Micro | 0.0% |
| Region | Percentage |
|---|
| Asset | Percentage |
|---|---|
| Share/Common/Ordinary | 99.94% |
| Open-ended Fund | 0.05% |
| Sector | Percentage |
|---|---|
| Finance | 22.18% |
| Producer Manufacturing | 12.81% |
| Electronic Technology | 9.65% |
| Health Technology | 7.89% |
| Technology Services | 7.5% |
| Consumer Services | 6.37% |
| Process Industries | 4.84% |
| Retail Trade | 4.83% |
| Commercial Services | 4.71% |
| Non-Energy Minerals | 4.56% |
| Consumer Durables | 3.4% |
| Consumer Non-Durables | 2.26% |
| Health Services | 2.13% |
| Energy Minerals | 1.94% |
| Transportation | 1.84% |
| Industrial Services | 1.73% |
| Utilities | 0.88% |
| Communications | 0.23% |
| Distribution Services | 0.19% |
| Miscellaneous | 0.05% |
This section shows how the volatility of this ETF compares to the peer group ETF Database Category.
| 5 Day Volatility | 9.73% |
| 20 Day Volatility | 17.55% |
| 50 Day Volatility | 20.10% |
| 200 Day Volatility | 17.56% |
| Beta | 1.09 |
| Standard Deviation | 2.80% |
ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.
Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.
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