ETF Research

MDY: S&P MidCap 400 ETF

Generated from StockValueFinder data · Updated Oct 11, 2026 9:30 PM
Educational content only. This is not financial advice and is not a recommendation to buy, sell, or hold any ETF.

ETF Education Report: S&P MidCap 400 ETF (MDY)

What this ETF is trying to do

The S&P MidCap 400 ETF (ticker: MDY) is an exchange-traded fund that trades on the NYSE. While the specific investment goal isn't listed, it holds a variety of different companies. Based on its top holdings, the fund includes companies like Twilio Inc Class A and Illumina Inc. This list is partial, meaning there are many other companies in the fund that are not shown here.

What the numbers show

When looking at an ETF, it is important to understand two different types of returns: price return and total return.

• Price Return measures only the change in the share price.

• Total Return includes both the share price change and any cash distributions (dividends) paid out.

For MDY, the numbers show growth in both areas:

• Year-to-Date (YTD): The price return is approximately 10.78%, while the total return is approximately 11.60%.

• One Year: The price return was approximately 11.50%, and the total return was approximately 12.72%.

• Three Year: The price return was approximately 46.63%, and the total return was approximately 51.90%.

To visualize the price change, we can look at an estimated price from roughly one year ago, which was $599.42. The current price is $668.33.

Income and distribution explanation

Some investors look for ETFs that pay out cash, known as distributions. MDY has a distribution yield of approximately 1.05%. This means the cash paid out is about 1.05% of the ETF's price. These distributions usually happen quarterly, and over the last 12 months, there were four payouts. It is important to remember that a distribution yield is not the same as total return.

NAV erosion explanation

"NAV erosion" refers to a situation where the value of the underlying assets in the fund decreases significantly. StockValueFinder uses an "erosion-risk score" to measure this risk. For MDY, the erosion score is 100, and the label states "No price erosion detected." There is no severe erosion-risk flag for this ETF.

Pros

• The fund has shown positive price returns and total returns over the one-year and three-year periods.

• The erosion-risk measurement is rated as "good."

Cons

• The distribution yield (the cash paid to investors) is relatively low at approximately 1.05%.

Beginner takeaway

When studying MDY, notice that the total return is higher than the price return. This happens because the total return accounts for the extra value gained from distributions. Always remember that while distributions provide cash, they are separate from the movement of the share price itself.

Top Holdings

Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.

360 holdings available
# Holding Ticker Weight
1 TWILIO INC CLASS A TWLO 1.00%
2 ILLUMINA INC ILMN 0.91%
3 TECHNIPFMC PLC n/a 0.87%
4 EVERPURE INC CLASS A P 0.82%
5 OKTA INC CLASS A OKTA 0.81%
6 ATI INC ATI 0.78%
7 NVENT ELECTRIC PLC NVT 0.68%
8 CARPENTER TECHNOLOGY CORP CRS 0.66%
9 US FOODS HOLDING CORP USFD 0.65%
10 TENET HEALTHCARE CORP THC 0.64%
Show all 360 holdings
1. TWILIO INC CLASS A TWLO 1.00%
2. ILLUMINA INC ILMN 0.91%
3. TECHNIPFMC PLC n/a 0.87%
4. EVERPURE INC CLASS A P 0.82%
5. OKTA INC CLASS A OKTA 0.81%
6. ATI INC ATI 0.78%
7. NVENT ELECTRIC PLC NVT 0.68%
8. CARPENTER TECHNOLOGY CORP CRS 0.66%
9. US FOODS HOLDING CORP USFD 0.65%
10. TENET HEALTHCARE CORP THC 0.64%
11. XPO INC XPO 0.64%
12. UNITED THERAPEUTICS CORP UTHR 0.61%
13. COEUR MINING INC CDE 0.60%
14. CURTISS-WRIGHT CORP CW 0.60%
15. ROYAL GOLD INC RGLD 0.60%
16. ENTEGRIS INC ENTG 0.58%
17. ROKU INC CLASS A ROKU 0.58%
18. WOODWARD INC WWD 0.57%
19. RELIANCE INC RS 0.55%
20. TD SYNNEX CORP SNX 0.53%
21. EXELIXIS INC EXEL 0.39%
22. MUELLER INDUSTRIES INC MLI 0.39%
23. DT MIDSTREAM INC ORDINARY SHARES DTM 0.38%
24. FIVE BELOW INC FIVE 0.38%
25. MEDPACE HOLDINGS INC MEDP 0.38%
26. OMEGA HEALTHCARE INVESTORS INC OHI 0.38%
27. SHARKNINJA INC SN 0.38%
28. TALEN ENERGY CORP ORDINARY SHARES NEW TLN 0.38%
29. TOLL BROTHERS INC TOL 0.38%
30. UNUM GROUP UNM 0.38%
31. ALCOA CORP AA 0.37%
32. BORGWARNER INC BWA 0.37%
33. HECLA MINING CO HL 0.37%
34. MANHATTAN ASSOCIATES INC MANH 0.37%
35. ONTO INNOVATION INC ONTO 0.37%
36. RPM INTERNATIONAL INC RPM 0.37%
37. CROWN HOLDINGS INC CCK 0.36%
38. DOCUSIGN INC DOCU 0.36%
39. GRACO INC GGG 0.36%
40. LAMAR ADVERTISING CO CLASS A LAMR 0.36%
41. PENUMBRA INC PEN 0.36%
42. TEXAS ROADHOUSE INC TXRH 0.36%
43. BIOMARIN PHARMACEUTICAL INC BMRN 0.35%
44. EQUITY LIFESTYLE PROPERTIES INC ELS 0.35%
45. HALOZYME THERAPEUTICS INC HALO 0.35%
46. SEMTECH CORP SMTC 0.35%
47. SITIME CORP ORDINARY SHARES SITM 0.35%
48. STIFEL FINANCIAL CORP SF 0.35%
49. THE CARLYLE GROUP INC CG 0.35%
50. TTM TECHNOLOGIES INC TTMI 0.35%
51. APPLIED INDUSTRIAL TECHNOLOGIES INC AIT 0.34%
52. ELANCO ANIMAL HEALTH INC ELAN 0.34%
53. NEXTPOWER INC NXT 0.34%
54. ALLY FINANCIAL INC ALLY 0.33%
55. ARROWHEAD PHARMACEUTICALS INC ARWR 0.33%
56. ENCOMPASS HEALTH CORP EHC 0.33%
57. ESSENTIAL UTILITIES INC WTRG 0.33%
58. FIDELITY NATIONAL FINANCIAL INC FNF 0.33%
59. GAMING AND LEISURE PROPERTIES INC GLPI 0.33%
60. ANTERO RESOURCES CORP AR 0.32%
61. BJ'S WHOLESALE CLUB HOLDINGS INC BJ 0.32%
62. FIRST HORIZON CORP FHN 0.32%
63. SERVICE CORP INTERNATIONAL SCI 0.32%
64. COCA-COLA CONSOLIDATED INC COKE 0.31%
65. EVERCORE INC CLASS A EVR 0.31%
66. n/a KNX 0.31%
67. OWENS-CORNING INC OC 0.31%
68. ADVANCED ENERGY INDUSTRIES INC AEIS 0.30%
69. AMERICAN HOMES 4 RENT CLASS A AMH 0.30%
70. DARLING INGREDIENTS INC DAR 0.30%
71. DONALDSON CO INC DCI 0.30%
72. EASTGROUP PROPERTIES INC EGP 0.30%
73. MOOG INC CLASS A MOG-A 0.30%
74. n/a AHR 0.30%
75. NEW YORK TIMES CO CLASS A NYT 0.30%
76. REGAL REXNORD CORP RRX 0.30%
77. SANMINA CORP SANM 0.30%
78. WATSCO INC ORDINARY SHARES WSO 0.30%
79. ALLISON TRANSMISSION HOLDINGS INC ALSN 0.29%
80. ARROW ELECTRONICS INC ARW 0.29%
81. CNH INDUSTRIAL NV CNH 0.29%
82. LITTELFUSE INC LFUS 0.29%
83. MOLINA HEALTHCARE INC MOH 0.29%
84. PINTEREST INC CLASS A PINS 0.29%
85. SOUTHSTATE BANK CORP n/a 0.29%
86. ACUITY INC AYI 0.28%
87. AMERICAN FINANCIAL GROUP INC AFG 0.28%
88. AVANTOR INC AVTR 0.28%
89. COGNEX CORP CGNX 0.28%
90. CRANE CO CR 0.28%
91. CULLEN/FROST BANKERS INC CFR 0.28%
92. ENSIGN GROUP INC ENSG 0.28%
93. FLOWSERVE CORP FLS 0.28%
94. SEI INVESTMENTS CO SEIC 0.28%
95. SOLSTICE ADVANCED MATERIALS INC SOLS 0.28%
96. SPX TECHNOLOGIES INC n/a 0.28%
97. UMB FINANCIAL CORP UMBF 0.28%
98. WATTS WATER TECHNOLOGIES INC CLASS A WTS 0.28%
99. WINTRUST FINANCIAL CORP WTFC 0.28%
100. ZIONS BANCORP NA ZION 0.28%
101. ADVANCED DRAINAGE SYSTEMS INC WMS 0.27%
102. AFFILIATED MANAGERS GROUP INC AMG 0.27%
103. CYTOKINETICS INC CYTK 0.27%
104. KRATOS DEFENSE & SECURITY SOLUTIONS INC KTOS 0.27%
105. OSHKOSH CORP OSK 0.27%
106. RANGE RESOURCES CORP RRC 0.27%
107. REPLIGEN CORP RGEN 0.27%
108. RYDER SYSTEM INC R 0.27%
109. SAIA INC SAIA 0.27%
110. THE TORO CO TTC 0.27%
111. BOOZ ALLEN HAMILTON HOLDING CORP CLASS A BAH 0.26%
112. BRIGHTSPRING HEALTH SERVICES INC BTSG 0.26%
113. CARETRUST REIT INC CTRE 0.26%
114. GLOBUS MEDICAL INC CLASS A GMED 0.26%
115. KRYSTAL BIOTECH INC KRYS 0.26%
116. OGE ENERGY CORP OGE 0.26%
117. OLD REPUBLIC INTERNATIONAL CORP ORI 0.26%
118. RAMBUS INC RMBS 0.26%
119. TETRA TECH INC TTEK 0.26%
120. VALMONT INDUSTRIES INC VMI 0.26%
121. VOYA FINANCIAL INC VOYA 0.26%
122. AMERICAN AIRLINES GROUP INC AAL 0.25%
123. BRIXMOR PROPERTY GROUP INC BRX 0.25%
124. CUBESMART CUBE 0.25%
125. DICK'S SPORTING GOODS INC DKS 0.25%
126. DIGITALOCEAN HOLDINGS INC DOCN 0.25%
127. DYCOM INDUSTRIES INC DY 0.25%
128. OLD NATIONAL BANCORP ONB 0.25%
129. PRIMERICA INC PRI 0.25%
130. AECOM ACM 0.24%
131. AGREE REALTY CORP ADC 0.24%
132. APTARGROUP INC ATR 0.24%
133. COLUMBIA BANKING SYSTEM INC COLB 0.24%
134. INTERDIGITAL INC IDCC 0.24%
135. JEFFERIES FINANCIAL GROUP INC JEF 0.24%
136. LITHIA MOTORS INC CLASS A LAD 0.24%
137. MURPHY USA INC MUSA 0.24%
138. n/a VNOM 0.24%
139. NNN REIT INC NNN 0.24%
140. PROSPERITY BANCSHARES INC PB 0.24%
141. VIAVI SOLUTIONS INC VIAV 0.24%
142. AUTOLIV INC ALV 0.23%
143. CHORD ENERGY CORP ORDINARY SHARES NEW CHRD 0.23%
144. CORE & MAIN INC CLASS A CNM 0.23%
145. FIRST INDUSTRIAL REALTY TRUST INC FR 0.23%
146. FIRSTCASH HOLDINGS INC FCFS 0.23%
147. HEALTHEQUITY INC HQY 0.23%
148. KINSALE CAPITAL GROUP INC KNSL 0.23%
149. MAPLEBEAR INC CART 0.23%
150. REXFORD INDUSTRIAL REALTY INC REXR 0.23%
151. UGI CORP UGI 0.23%
152. AXALTA COATING SYSTEMS LTD AXTA 0.22%
153. COMMERCE BANCSHARES INC CBSH 0.22%
154. COREBRIDGE FINANCIAL INC CRBG 0.22%
155. NATIONAL FUEL GAS CO NFG 0.22%
156. SPROUTS FARMERS MARKET INC SFM 0.22%
157. THE HANOVER INSURANCE GROUP INC THG 0.22%
158. UIPATH INC CLASS A PATH 0.22%
159. WESTERN ALLIANCE BANCORP WAL 0.22%
160. ANTERO MIDSTREAM CORP AM 0.21%
161. AVNET INC AVT 0.21%
162. COMMERCIAL METALS CO CMC 0.21%
163. FIRST AMERICAN FINANCIAL CORP FAF 0.21%
164. FLUOR CORP FLR 0.21%
165. GAMESTOP CORP CLASS A GME 0.21%
166. IDACORP INC IDA 0.21%
167. KIRBY CORP KEX 0.21%
168. n/a MP 0.21%
169. NOV INC NOV 0.21%
170. SIMPSON MANUFACTURING CO INC SSD 0.21%
171. THE TIMKEN CO TKR 0.21%
172. AGCO CORP AGCO 0.20%
173. BIO-RAD LABORATORIES INC CLASS A BIO 0.20%
174. HEXCEL CORP HXL 0.20%
175. HOULIHAN LOKEY INC CLASS A HLI 0.20%
176. n/a WFRD 0.20%
177. PAYLOCITY HOLDING CORP PCTY 0.20%
178. SILICON LABORATORIES INC SLAB 0.20%
179. STAG INDUSTRIAL INC STAG 0.20%
180. TEREX CORP TEX 0.20%
181. CHEMED CORP CHE 0.19%
182. ENERSYS ENS 0.19%
183. HEALTHCARE REALTY TRUST INC HR 0.19%
184. HYATT HOTELS CORP CLASS A H 0.19%
185. MATADOR RESOURCES CO MTDR 0.19%
186. MSA SAFETY INC MSA 0.19%
187. NEWMARKET CORP NEU 0.19%
188. WEX INC WEX 0.19%
189. ABERCROMBIE & FITCH CO CLASS A ANF 0.18%
190. BRUKER CORP BRKR 0.18%
191. CAVA GROUP INC CAVA 0.18%
192. CLEVELAND-CLIFFS INC CLF 0.18%
193. E.L.F. BEAUTY INC ELF 0.18%
194. F N B CORP FNB 0.18%
195. H&R BLOCK INC HRB 0.18%
196. INGREDION INC INGR 0.18%
197. LANTHEUS HOLDINGS INC LNTH 0.18%
198. LEAR CORP LEA 0.18%
199. MGIC INVESTMENT CORP MTG 0.18%
200. n/a HIMS 0.18%
201. ORMAT TECHNOLOGIES INC ORA 0.18%
202. QUALYS INC QLYS 0.18%
203. UNITED BANKSHARES INC UBSI 0.18%
204. VALLEY NATIONAL BANCORP VLY 0.18%
205. CROCS INC CROX 0.17%
206. DUOLINGO INC DUOL 0.17%
207. DUTCH BROS INC CLASS A BROS 0.17%
208. EAGLE MATERIALS INC EXP 0.17%
209. ESSENT GROUP LTD ESNT 0.17%
210. GATX CORP GATX 0.17%
211. GENPACT LTD G 0.17%
212. GLACIER BANCORP INC GBCI 0.17%
213. HANCOCK WHITNEY CORP HWC 0.17%
214. LANDSTAR SYSTEM INC LSTR 0.17%
215. PBF ENERGY INC CLASS A PBF 0.17%
216. SENSATA TECHNOLOGIES HOLDING PLC ST 0.17%
217. VORNADO REALTY TRUST VNO 0.17%
218. APPFOLIO INC CLASS A APPF 0.16%
219. CHEWY INC CHWY 0.16%
220. CHURCHILL DOWNS INC CHDN 0.16%
221. CIRRUS LOGIC INC CRUS 0.16%
222. COMMVAULT SYSTEMS INC CVLT 0.16%
223. EXLSERVICE HOLDINGS INC EXLS 0.16%
224. MACY'S INC M 0.16%
225. PORTLAND GENERAL ELECTRIC CO POR 0.16%
226. RAYONIER INC RYN 0.16%
227. RLI CORP RLI 0.16%
228. SCIENCE APPLICATIONS INTERNATIONAL CORP SAIC 0.16%
229. SOUTHWEST GAS HOLDINGS INC SWX 0.16%
230. TXNM ENERGY INC TXNM 0.16%
231. UL SOLUTIONS INC CLASS A COMMON STOCK ULS 0.16%
232. VALARIS LTD VAL 0.16%
233. AMKOR TECHNOLOGY INC AMKR 0.15%
234. BLACK HILLS CORP BKH 0.15%
235. DROPBOX INC CLASS A DBX 0.15%
236. FLOOR & DECOR HOLDINGS INC CLASS A FND 0.15%
237. FORTUNE BRANDS INNOVATIONS INC FBIN 0.15%
238. GXO LOGISTICS INC GXO 0.15%
239. HOME BANCSHARES INC HOMB 0.15%
240. IES HOLDINGS INC IESC 0.15%
241. KITE REALTY GROUP TRUST KRG 0.15%
242. MSC INDUSTRIAL DIRECT CO INC CLASS A MSM 0.15%
243. n/a WH 0.15%
244. n/a BSY 0.15%
245. NEW JERSEY RESOURCES CORP NJR 0.15%
246. NEXSTAR MEDIA GROUP INC NXST 0.15%
247. NOVANTA INC NOVT 0.15%
248. SELECTIVE INSURANCE GROUP INC SIGI 0.15%
249. SIRIUS XM HOLDINGS INC SIRI 0.15%
250. SONOCO PRODUCTS CO SON 0.15%
251. STARWOOD PROPERTY TRUST INC STWD 0.15%
252. AAON INC AAON 0.14%
253. ASSOCIATED BANC-CORP ASB 0.14%
254. AUTONATION INC AN 0.14%
255. BANK OZK OZK 0.14%
256. BRUNSWICK CORP BC 0.14%
257. CELSIUS HOLDINGS INC CELH 0.14%
258. CNO FINANCIAL GROUP INC n/a 0.14%
259. CNX RESOURCES CORP CNX 0.14%
260. GAP INC GAP 0.14%
261. MORNINGSTAR INC MORN 0.14%
262. MURPHY OIL CORP MUR 0.14%
263. ONE GAS INC OGS 0.14%
264. SABRA HEALTH CARE REIT INC SBRA 0.14%
265. SLM CORP SLM 0.14%
266. SOTERA HEALTH CO ORDINARY SHARES SHC 0.14%
267. SPIRE INC SR 0.14%
268. VAIL RESORTS INC MTN 0.14%
269. AEROVIRONMENT INC AVAV 0.13%
270. ALASKA AIR GROUP INC ALK 0.13%
271. ALLEGRO MICROSYSTEMS INC ORDINARY SHARES ALGM 0.13%
272. BELDEN INC BDC 0.13%
273. COUSINS PROPERTIES INC CUZ 0.13%
274. EPR PROPERTIES EPR 0.13%
275. FEDERATED HERMES INC CLASS B FHI 0.13%
276. GENTEX CORP GNTX 0.13%
277. HAEMONETICS CORP HAE 0.13%
278. KBR INC KBR 0.13%
279. LOUISIANA-PACIFIC CORP LPX 0.13%
280. OLLIE'S BARGAIN OUTLET HOLDINGS INC OLLI 0.13%
281. RYAN SPECIALTY HOLDINGS INC CLASS A RYAN 0.13%
282. STANDARDAERO INC SARO 0.13%
283. THE BRINK'S CO BCO 0.13%
284. THE MIDDLEBY CORP MIDD 0.13%
285. TREX CO INC TREX 0.13%
286. UFP INDUSTRIES INC UFPI 0.13%
287. VONTIER CORP ORDINARY SHARES VNT 0.13%
288. ALBERTSONS COMPANIES INC CLASS A ACI 0.12%
289. BILL HOLDINGS INC ORDINARY SHARES BILL 0.12%
290. BOYD GAMING CORP BYD 0.12%
291. CABOT CORP CBT 0.12%
292. ENVISTA HOLDINGS CORP ORDINARY SHARES NVST 0.12%
293. ESAB CORP ESAB 0.12%
294. FIRST FINANCIAL BANKSHARES INC FFIN 0.12%
295. FTI CONSULTING INC FCN 0.12%
296. HAMILTON LANE INC CLASS A HLNE 0.12%
297. LIVANOVA PLC LIVN 0.12%
298. MATTEL INC MAT 0.12%
299. n/a WMG 0.12%
300. NORTHWESTERN ENERGY GROUP INC NWE 0.12%
301. TEXAS CAPITAL BANCSHARES INC TCBI 0.12%
302. TRAVEL&LEISURE CO TNL 0.12%
303. VF CORP VFC 0.12%
304. VICOR CORP VICR 0.12%
305. AVIENT CORP AVNT 0.11%
306. BATH & BODY WORKS INC BBWI 0.11%
307. COPT DEFENSE PROPERTIES CDP 0.11%
308. FLAGSTAR BANK NA FLG 0.11%
309. GRAND CANYON EDUCATION INC LOPE 0.11%
310. INDEPENDENCE REALTY TRUST INC IRT 0.11%
311. INTERNATIONAL BANCSHARES CORP IBOC 0.11%
312. KILROY REALTY CORP KRC 0.11%
313. n/a GHC 0.11%
314. PENSKE AUTOMOTIVE GROUP INC PAG 0.11%
315. PLANET FITNESS INC CLASS A PLNT 0.11%
316. THOR INDUSTRIES INC THO 0.11%
317. VALVOLINE INC VVV 0.11%
318. DOLBY LABORATORIES INC CLASS A DLB 0.10%
319. DOXIMITY INC CLASS A DOCS 0.10%
320. EXPONENT INC EXPO 0.10%
321. KNIFE RIVER CORP KNF 0.10%
322. OPTION CARE HEALTH INC OPCH 0.10%
323. POLARIS INC PII 0.10%
324. PVH CORP PVH 0.10%
325. SILGAN HOLDINGS INC SLGN 0.10%
326. SYNAPTICS INC SYNA 0.10%
327. UNIVERSAL DISPLAY CORP OLED 0.10%
328. ASHLAND INC ASH 0.09%
329. BRIGHTHOUSE FINANCIAL INC REGISTERED SHS WHEN ISSUED BHF 0.09%
330. GRAPHIC PACKAGING HOLDING CO GPK 0.09%
331. KB HOME KBH 0.09%
332. KYNDRYL HOLDINGS INC ORDINARY SHARES KD 0.09%
333. MAXIMUS INC MMS 0.09%
334. PARK HOTELS & RESORTS INC PK 0.09%
335. PEGASYSTEMS INC PEGA 0.09%
336. POST HOLDINGS INC POST 0.09%
337. YETI HOLDINGS INC YETI 0.09%
338. HARLEY-DAVIDSON INC HOG 0.08%
339. THE SCOTTS MIRACLE GRO CO CLASS A SMG 0.08%
340. VISTEON CORP VC 0.08%
341. WINGSTOP INC WING 0.08%
342. AVIS BUDGET GROUP INC CAR 0.07%
343. CRANE NXT CO CXT 0.07%
344. EURONET WORLDWIDE INC EEFT 0.07%
345. HILTON GRAND VACATIONS INC HGV 0.07%
346. PARSONS CORP PSN 0.07%
347. SHIFT4 PAYMENTS INC CLASS A FOUR 0.07%
348. WESTLAKE CORP WLK 0.07%
349. WHIRLPOOL CORP WHR 0.07%
350. CHOICE HOTELS INTERNATIONAL INC CHH 0.06%
351. DENTSPLY SIRONA INC XRAY 0.06%
352. GREIF INC CLASS A GEF 0.06%
353. OLIN CORP OLN 0.06%
354. RH CLASS A RH 0.06%
355. THE MARZETTI CO MZTI 0.06%
356. IPG PHOTONICS CORP IPGP 0.05%
357. BOSTON BEER CO INC CLASS A SAM 0.04%
358. CAPRI HOLDINGS LTD CPRI 0.04%
359. COLUMBIA SPORTSWEAR CO COLM 0.04%
360. PILGRIMS PRIDE CORP PPC 0.04%
Holdings data last updated Oct 12, 2026 8:23 AM . Provider-reported weights may not sum exactly to 100%.
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