MDYV — State Street SPDR S&P 400 Mid Cap Value ETF
US Mid Cap Ranked #291 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 US Mid Cap fund managed by State Street Investment Management. With assets under management totaling $2.68 billion and a share price of $95.17, the fund reflects a moderate level of investor adoption within its sector. It carries an expense ratio of 0.15% and offers a dividend yield of 1.68%. Across all tracked categories, the ETF holds an overall rank of #291 out of 458 funds. Its current ETFValuer grade is C, corresponding to a score of 57.3 out of 100. This ranking places it in the lower half of the 14 ETFs tracked in the US Mid Cap category. The combination of its AUM and grade suggests it is a mid-tier option among its peers rather than a dominant market leader.
Recent performance data shows a 1-day return of +0.93% followed by a slight 1-week decline of -0.04%. Over the past month, the fund gained +1.60%, while the 3-month return accelerated to +5.09%. The 6-month return further increased to +6.96%, and year-to-date performance stands at +12.18%. The 1-year return reached +16.92%, and the 3-year return totals +39.99%. This trajectory indicates a pattern of sustained growth over longer horizons despite minor short-term fluctuations. The fund has demonstrated consistent positive returns from the 1-month mark through the 3-year period.
The fund is assigned a Moderate volatility label with a beta of 0.95, indicating price movements that generally align with or slightly lag the broader market. A Sharpe ratio of 0.79 suggests the fund has generated reasonable risk-adjusted returns relative to its volatility. However, the maximum drawdown of -22.58% highlights the potential for significant temporary losses during market downturns. This combination of figures implies that while the fund offers moderate exposure to market swings, it remains susceptible to substantial corrections. Investors should expect a risk profile that balances moderate volatility with the possibility of deep drawdowns during adverse conditions.
AI-generated summary based on the data on this page.
MDYV Top Holdings
| # | Holding | % of Net Assets | Value |
|---|---|---|---|
| 1 | State Street Global Advisors | 2.73% | $66M |
| 2 | US Foods Holding Corp | 1.30% | $31M |
| 3 | Alcoa Corp | 1.09% | $26M |
| 4 | Ovintiv Inc | 1.05% | $25M |
| 5 | Reliance Inc | 1.01% | $24M |
| 6 | Permian Resources Corp | 1.01% | $24M |
| 7 | Annaly Capital Management Inc | 0.97% | $23M |
| 8 | Jones Lang LaSalle Inc | 0.92% | $22M |
| 9 | Performance Food Group Co | 0.86% | $21M |
| 10 | Reinsurance Group of America Inc | 0.85% | $21M |
Holdings as of 2026-03-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 11.8% 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 5 of the same companies as MDYV's top 10 (5.0% of MDYV's assets).
| ETF | Name | Shared Companies | MDYV Weight | Examples |
|---|---|---|---|---|
| IJJ | iShares S&P Mid-Cap 400 Value ETF | 5 | 5.0% | US Foods Holding Corp, Reliance Inc, Performance Food Group Co… |
| XME | State Street SPDR S&P Metals & Mining ETF | 3 | 4.8% | State Street Global Advisors, Alcoa Corp, Reliance Inc |
| SPMD | State Street SPDR Portfolio S&P 400 Mid Cap ETF | 2 | 4.0% | State Street Global Advisors, US Foods Holding Corp |
| DFAT | Dimensional U.S. Targeted Value ETF | 2 | 2.1% | Permian Resources Corp, Ovintiv Inc |
| SPDW | State Street SPDR Portfolio Developed World ex-US ETF | 1 | 2.7% | State Street Global Advisors |
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: 4.71% (as of 2026-07-23) — 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): 18.70 (as of 2026-07-23) — 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: 3.63% (as of 2026-06-01) — 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 1.68%. 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: Quoted bid/ask spread is 7.30% and average daily volume is 77K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $2.68B 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 | +0.93% |
| 1-Week | -0.04% |
| 1-Month | +1.60% |
| 3-Month | +5.09% |
| 6-Month | +6.96% |
| YTD | +12.18% |
| 1-Year | +16.92% |
| 3-Year | +39.99% |
How MDYV Compares to Other US Mid Cap ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #20 | B+ |
VOE | Vanguard Mid-Cap Value Index Fund ETF Shares | +22.77% | 0.05% | $37.2B |
| #78 | B |
IWS | iShares Russell Mid-Cap Value ETF | +22.96% | 0.23% | $15.6B |
| #135 | B |
SCHM | Schwab U.S. Mid-Cap ETF | +21.86% | 0.03% | $15.3B |
| #156 | B |
IJH | iShares Core S&P Mid-Cap ETF | +19.19% | 0.05% | $124B |
| #158 | B |
VO | Vanguard Mid-Cap Index Fund ETF Shares | +13.56% | 0.03% | $224B |
| #176 | C |
IWR | iShares Russell Mid-Cap ETF | +16.41% | 0.18% | $57.0B |
| #181 | C |
SPMD | State Street SPDR Portfolio S&P 400 Mid Cap ETF | +19.19% | 0.03% | $18.4B |
| #200 | C |
IJK | iShares S&P Mid-Cap 400 Growth ETF | +21.23% | 0.17% | $11.3B |
| #210 | C |
MDY | State Street SPDR S&P MIDCAP 400 ETF Trust | +18.79% | 0.23% | $28.1B |
| #234 | C |
MDYG | State Street SPDR S&P 400 Mid Cap Growth ETF | +21.20% | 0.15% | $2.92B |
| #262 | C |
IJJ | iShares S&P Mid-Cap 400 Value ETF | +16.97% | 0.18% | $8.73B |
| #291 | C |
MDYV | State Street SPDR S&P 400 Mid Cap Value ETF | +16.92% | 0.15% | $2.68B |
| #376 | C |
VOT | Vanguard Mid-Cap Growth Index Fund ETF Shares | +1.38% | 0.05% | $34.8B |
| #398 | D |
IWP | iShares Russell Mid-Cap Growth ETF | -2.93% | 0.23% | $21.6B |