MDYV — State Street SPDR S&P 400 Mid Cap Value ETF
US Mid Cap Ranked #224 of 458 tracked ETFs · Issued by State Street Investment Management
MDYV Price Performance — Growth of $10,000
Value of a $10,000 investment in MDYV over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.
MDYV Drawdown
The "underwater" chart: MDYV's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.
What If You'd Invested in MDYV?
See what a lump sum in MDYV would have grown to, with the option to add a regular monthly contribution on top. Figures use total returns — dividends are assumed reinvested.
Past performance doesn't predict future results. Assumes contributions on the first trading day of each month, no trading costs or taxes, and reinvested distributions. History is limited to the range published in the site's daily return data.
Overview
The State Street SPDR S&P 400 Mid Cap Value ETF (MDYV) is a mid-cap value fund issued by State Street Investment Management with $2.66 billion in assets. It holds an ETFValuer grade of C, ranking 10th out of 14 peers in the US Mid Cap category and 224th of 458 tracked ETFs overall. The fund charges an expense ratio of 0.15%, which matches the category median, while offering a dividend yield of 1.72% that exceeds the peer average of 1.27%. Top holdings comprise only 10.8% of assets, with the largest single position held by State Street Global Advisors at 1.6%.
MDYV has delivered a 1-year return of +13.13%, narrowly trailing the category median of +13.21%, while showing stronger long-term momentum with a 3-year return of +60.86%. Short-term performance presents a mixed picture, with a 1-month gain of +2.51% contrasting against a 3-month decline of -3.08%. The fund’s price of $92.06 sits at 69.2% of its 52-week range, reflecting its availability within the $79.64 to $97.58 band. The ETFValuer grade has remained unchanged at C over the last 35 tracked days, based on 3.0 years of available price history.
With a beta of 0.94, the fund exhibits slightly lower sensitivity to market movements than the broader index. Annualized volatility stands at 13.85%, which is classified as Low, contributing to a Sharpe ratio of 0.59. The maximum drawdown recorded is -22.58%, indicating the peak-to-trough decline experienced during the measurement period. Liquidity is supported by an average daily volume of 102,256 shares, providing adequate trading activity for the fund.
AI-generated summary based on the data on this page.
MDYV Top Holdings
| # | Holding | % of Net Assets | Value |
|---|---|---|---|
| 1 | State Street Global Advisors | 1.62% | $43M |
| 2 | US Foods Holding Corp | 1.29% | $35M |
| 3 | TD SYNNEX Corp | 1.15% | $31M |
| 4 | Reliance Inc | 1.09% | $29M |
| 5 | Performance Food Group Co | 1.01% | $27M |
| 6 | WESCO International Inc | 0.97% | $26M |
| 7 | Entegris Inc | 0.94% | $25M |
| 8 | Annaly Capital Management Inc | 0.94% | $25M |
| 9 | Regal Rexnord Corp | 0.91% | $24M |
| 10 | Toll Brothers Inc | 0.89% | $24M |
Holdings as of 2026-06-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 10.8% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how MDYV's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.
Which Funds Overlap With MDYV
Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with MDYV's top 10 — IJJ overlaps most, holding 9 of the same companies as MDYV's top 10 (9.2% of MDYV's assets).
| ETF | Name | Shared Companies | MDYV Weight | Examples |
|---|---|---|---|---|
| IJJ | iShares S&P Mid-Cap 400 Value ETF | 9 | 9.2% | US Foods Holding Corp, TD SYNNEX Corp, Reliance Inc… |
| SPMD | State Street SPDR Portfolio S&P 400 Mid Cap ETF | 2 | 2.6% | State Street Global Advisors, Entegris Inc |
| ANGL | VanEck Fallen Angel High Yield Bond ETF | 2 | 2.6% | State Street Global Advisors, Entegris Inc |
| MORT | VanEck Mortgage REIT Income ETF | 2 | 2.6% | Annaly Capital Management Inc, State Street Global Advisors |
| DFAT | U.S. Targeted Value Portfolio-ETF Class Shares | 2 | 1.9% | Performance Food Group Co, Toll Brothers Inc |
Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.
Market Backdrop
10-Year Treasury Yield: 4.96% (as of 2026-10-22) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.
CBOE Volatility Index (VIX): 19.03 (as of 2026-10-22) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.
Federal Funds Rate: 3.75% (as of 2026-09-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.
What MDYV's Fees Cost You
MDYV charges an expense ratio of 0.15% a year, deducted automatically from the fund's value. Small percentages compound into real money — adjust the figures below to see the impact on your own numbers.
Assumes a constant gross return and no additional contributions — a simplification, but it isolates exactly what the expense ratio costs. Try the full fee calculator to model contributions and compare any two funds.
MDYV Dividend Income Estimator
MDYV currently yields 1.72%. Enter an amount to see the income that implies, or set a monthly income target to see the investment it would take.
Based on the fund's current trailing yield, which varies with price and distributions — treat it as an estimate, not a guarantee. Yields are not adjusted for tax.
MDYV Liquidity, Domicile & Tax Treatment
Liquidity: Average daily volume is 102K/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $2.66B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.
Domicile & tax treatment: MDYV is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.
MDYV Performance History
| Period | Return |
|---|---|
| 1-Day | -0.43% |
| 1-Week | +1.35% |
| 1-Month | +2.51% |
| 3-Month | -3.08% |
| 6-Month | +2.23% |
| YTD | +8.99% |
| 1-Year | +13.13% |
| 3-Year | +60.86% |
How MDYV Compares to Other US Mid Cap ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #15 | B+ |
VOE | Vanguard Morningstar Mid-Cap Value ETF | +22.13% | 0.05% | $36.7B |
| #44 | B |
IWS | iShares Russell Mid-Cap Value ETF | +23.07% | 0.23% | $14.8B |
| #93 | B |
IWR | iShares Russell Mid-Cap ETF | +15.49% | 0.18% | $54.9B |
| #105 | B |
SCHM | Schwab U.S. Mid-Cap ETF | +18.40% | 0.03% | $14.3B |
| #112 | B |
VO | Vanguard Morningstar Mid-Cap ETF | +12.06% | 0.03% | $216B |
| #173 | C |
IJH | iShares Core S&P Mid-Cap ETF | +13.23% | 0.05% | $121B |
| #200 | C |
SPMD | State Street SPDR Portfolio S&P 400 Mid Cap ETF | +13.29% | 0.03% | $17.9B |
| #214 | C |
IJJ | iShares S&P Mid-Cap 400 Value ETF | +12.96% | 0.18% | $8.33B |
| #218 | C |
MDY | State Street SPDR S&P MIDCAP 400 ETF Trust | +12.88% | 0.23% | $25.2B |
| #224 | C |
MDYV | State Street SPDR S&P 400 Mid Cap Value ETF | +13.13% | 0.15% | $2.66B |
| #252 | C |
IJK | iShares S&P Mid-Cap 400 Growth ETF | +13.19% | 0.16% | $10.3B |
| #277 | C |
MDYG | State Street SPDR S&P 400 Mid Cap Growth ETF | +13.23% | 0.15% | $2.79B |
| #314 | C |
VOT | Vanguard Morningstar Mid-Cap Growth ETF | -0.22% | 0.05% | $33.2B |
| #394 | D |
IWP | iShares Russell Mid-Cap Growth ETF | -5.86% | 0.23% | $19.3B |