Zacks Investment Research
Should State Street SPDR S&P 400 Mid Cap Growth ETF (MDYG) Be on Your Investing Radar?
MDYG, a passively managed mid-cap growth ETF with $2.81 billion in assets, offers low-cost exposure to mid-cap growth stocks with a 0.15% expense ratio. The fund has returned 13.11% year-to-date and 14.87% over the past year, with a medium risk profile (beta of 1.06). It holds a Zacks ETF Rank of 2 (Buy) and is recommended as an excellent option for mid-cap growth investors, though alternatives like VOT and IWP offer comparable exposure.
