SPDR S&P MIDCAP 400 ETF Analysis Shows Moderate Factor Exposure

SPDR S&P MIDCAP 400 ETF (MDY) emphasizes value with a score of 62. The moderate positions in momentum and quality could influence investor sentiment and stock prices. This analysis details MDY's factor exposure and sector allocation.

Date: 17-02-2025

AI Rating: 6

SPDR S&P MIDCAP 400 ETF Overview

The report provides a comprehensive overview of the SPDR S&P MIDCAP 400 ETF (MDY), indicating its classification as a Mid-Cap Value ETF with significant exposure to the Services sector and the Money Center Banks industry.

Factor Exposure

The ETF's exposure is evaluated across several investing factors with scores ranging from 1 to 99:

Value: 62
Momentum: 58
Quality: 40
Low Volatility: 40

The value score of 62 indicates a favorable investment position in this factor, suggesting that MDY is relatively undervalued compared to its peers. On the other hand, the momentum score of 58 shows that there is a reasonable level of upward price movement, which might attract momentum investors.

The quality (40) and low volatility (40) scores are lower, reflecting caution. Investors focusing on high-quality and low-volatility investments may find MDY less attractive due to these lower scores.

Impact on Stock Prices

The moderate exposure to value and momentum indicates potential resilience in stock prices, as investors often seek undervalued assets with positive price trends. Conversely, lower quality and volatility scores might result in reduced interest from more risk-averse investors.

Stocks: MDY