SPDR® S&P MIDCAP 400® ETF Trust MDY

Important Risk Disclosure

In general, ETFs can be expected to move up or down in value with the value of the applicable index. Although ETF shares may be bought and sold on the exchange through any brokerage account, ETF shares are not individually redeemable from the Fund. Investors may acquire ETFs and tender them for redemption through the Fund in Creation Unit Aggregations only. Please see the prospectus for more details.

Equity securities may fluctuate in value in response to the activities of individual companies and general market and economic conditions.

Investments in mid-sized companies may involve greater risks than those in larger, better known companies, but may be less volatile than investments in smaller companies.

Passively managed funds hold a range of securities that, in the aggregate, approximates the full Index in terms of key risk factors and other characteristics. This may cause the fund to experience tracking errors relative to performance of the index.

While the shares of ETFs are tradable on secondary markets, they may not readily trade in all market conditions and may trade at significant discounts in periods of market stress.

ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns.

Intellectual Property Information: Standard & Poor’s®, S&P® and SPDR® are registered trademarks of Standard & Poor’s Financial Services LLC (S&P); Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones); and these trademarks have been licensed for use by S&P Dow Jones Indices LLC (SPDJI) and sublicensed for certain purposes by State Street Corporation. State Street Corporation’s financial products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and third party licensors and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability in relation thereto, including for any errors, omissions, or interruptions of any index.

Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257 download a prospectus or summary prospectus now, or talk to your financial advisor. Read it carefully before investing.

NAV

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

$418.74

as of Jul 01 2022

Base Currency

USD

Assets Under Management

$17,060.01 M

as of Jul 01 2022

Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

0.22%


Key Features

Key Features

  • The SPDR® S&P MIDCAP 400® ETF Trust seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the S&P MidCap 400® Index (the “Index”)


About this Benchmark

About this Benchmark

The S&P MidCap 400® Index provides investors with a benchmark for mid-sized companies. The index, which is distinct from the large-cap S&P 500®, measures the performance of mid-sized companies, reflecting the distinctive risk and return characteristics of this market segment.


Fund Information as of Jul 03 2022

Fund Information as of Jul 03 2022
Benchmark Inception Date Options Available Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

Base Currency Trustee Marketing Agent
S&P MidCap 400 Index May 04 1995 Yes 0.22% USD The Bank of New York Mellon State Street Global Advisors Funds Distributors, LLC
Benchmark S&P MidCap 400 Index
Inception Date May 04 1995
Options Available Yes
Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

0.22%
Base Currency USD
Trustee The Bank of New York Mellon
Marketing Agent State Street Global Advisors Funds Distributors, LLC
Sponsor Distributor Distribution Frequency
PDR ALPS Distributors, Inc. Quarterly
Sponsor PDR
Distributor ALPS Distributors, Inc.
Distribution Frequency Quarterly

Listing Information as of Jul 03 2022

Listing Information as of Jul 03 2022
Exchange Listing Date Trading Currency Ticker CUSIP ISIN
NYSE ARCA EXCHANGE May 04 1995 USD MDY 78467Y107 US78467Y1073
Exchange NYSE ARCA EXCHANGE
Listing Date May 04 1995
Trading Currency USD
Ticker MDY
CUSIP 78467Y107
ISIN US78467Y1073

Fund Characteristics as of Jun 30 2022

Fund Characteristics as of Jun 30 2022
Est. 3-5 Year EPS Growth

Estimated 3-5 Year EPS Growth

Based on the underlying holdings of the fund. The actual earnings estimates for the underlying holdings are provided by FactSet, First Call, I/B/E/S Consensus, and Reuters and are used to calculate a mean 3-5 year EPS growth rate estimate.

Number of Holdings Price/Book Ratio

Price/Book Ratio

The weighted harmonic average of closing market price divided by the most recent reported book value for each security in the fund's portfolio as calculated for the last twelve months.

Price/Earnings Ratio FY1

Price/Earnings Ratio FY1

The weighted harmonic average of current share price divided by the forecasted one year earnings per share for each security in the fund. Negative and positive outliers are included in the calculation.

Weighted Average Market Cap
17.37% 401 2.04 11.72 $6,113.83 M
Est. 3-5 Year EPS Growth

Estimated 3-5 Year EPS Growth

Based on the underlying holdings of the fund. The actual earnings estimates for the underlying holdings are provided by FactSet, First Call, I/B/E/S Consensus, and Reuters and are used to calculate a mean 3-5 year EPS growth rate estimate.

17.37%
Number of Holdings 401
Price/Book Ratio

Price/Book Ratio

The weighted harmonic average of closing market price divided by the most recent reported book value for each security in the fund's portfolio as calculated for the last twelve months.

2.04
Price/Earnings Ratio FY1

Price/Earnings Ratio FY1

The weighted harmonic average of current share price divided by the forecasted one year earnings per share for each security in the fund. Negative and positive outliers are included in the calculation.

11.72
Weighted Average Market Cap $6,113.83 M

Index Characteristics as of Jun 30 2022

Index Characteristics as of Jun 30 2022
Est. 3-5 Year EPS Growth Number of Holdings Price/Cash Flow Price/Earnings Price/Earnings Ratio FY1
17.37% 401 9.37 12.20 11.72
Est. 3-5 Year EPS Growth 17.37%
Number of Holdings 401
Price/Cash Flow 9.37
Price/Earnings 12.20
Price/Earnings Ratio FY1 11.72

Index Statistics as of Jun 30 2022

Index Statistics as of Jun 30 2022

Average Size
Size Range
Weighted Average Market Cap Mean Median Largest Smallest
$6,113.83 M $5,153.73 M $4,770.48 M $13,615.56 M $1,845.59 M
Weighted Average Market Cap $6,113.83 M
Average Size
Mean $5,153.73 M
Median $4,770.48 M
Size Range
Largest $13,615.56 M
Smallest $1,845.59 M

Fund Market Price as of Jul 01 2022

Fund Market Price as of Jul 01 2022
Bid/Ask

Bid/Ask Mid Point

(Also known as Mid Price) The price between the best price of the sellers for a trading unit of a given security and the best price of the buyer of a trading unit of a given security.

Closing Price

Closing Price

Market Price of last reported trade on the exchange.

Day High Day Low Exchange Volume (Shares)

Exchange Volume (shares)

Represents the volume of shares traded on the ETF's primary exchange throughout the previous business day.

Premium/Discount

Premium/Discount to NAV

Shows the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds calculated as ((4PM Bid/Ask - Closing NAV) / Closing NAV * 100)

30-Day Median Bid/Ask Spread

The median bid-ask spread is calculated by identifying national best bid and national best offer ("NBBO") for each Fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified and posted on each business day.

$418.86 $418.85 $419.27 $409.89 223,528 0.03% 0.03%
Bid/Ask

Bid/Ask Mid Point

(Also known as Mid Price) The price between the best price of the sellers for a trading unit of a given security and the best price of the buyer of a trading unit of a given security.

$418.86
Closing Price

Closing Price

Market Price of last reported trade on the exchange.

$418.85
Day High $419.27
Day Low $409.89
Exchange Volume (Shares)

Exchange Volume (shares)

Represents the volume of shares traded on the ETF's primary exchange throughout the previous business day.

223,528
Premium/Discount

Premium/Discount to NAV

Shows the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds calculated as ((4PM Bid/Ask - Closing NAV) / Closing NAV * 100)

0.03%
30-Day Median Bid/Ask Spread

The median bid-ask spread is calculated by identifying national best bid and national best offer ("NBBO") for each Fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified and posted on each business day.

0.03%
Premium Discount to NAV Graph and Summary

The line graph and table below show historical information about the differences between the daily closing price for shares of the fund (as determined by the fund’s listing exchange) and the fund’s net asset value over certain periods. The vertical axis of the line graph shows the premium/discount expressed as a percentage of NAV. The horizontal axis indicates the date at which the premium/discount occurred. The table shows the number of trading days in which the fund traded at a premium or at a discount to NAV.

x axis: Dates
y axis: Premium or Discount (bps)
Number of Days Summary
Calendar Year 2021 First Quarter of 2022 Second Quarter of 2022
Days Traded at Premium

Number of days the ETF 4PM Bid/Ask was above the NAV.

150 32 32
Days Traded at Discount

Number of days the ETF 4PM Bid/Ask was below the NAV.

102 30 30
Days Traded at Premium

Number of days the ETF 4PM Bid/Ask was above the NAV.

Calendar Year 2021 150
First Quarter of 2022 32
Second Quarter of 2022 32
Days Traded at Discount

Number of days the ETF 4PM Bid/Ask was below the NAV.

Calendar Year 2021 102
First Quarter of 2022 30
Second Quarter of 2022 30
Fund Data

Because ETFs trade like stocks at current market prices, shareholders may pay more than a fund’s NAV when purchasing fund shares and may receive less than a fund’s NAV when selling fund shares.

Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257 download a prospectus or summary prospectus now, or talk to your financial advisor. Read it carefully before investing.


Fund Net Cash Amount as of Jul 01 2022

Fund Net Cash Amount as of Jul 01 2022
Net Cash Amount
$113,444,929.45
Net Cash Amount $113,444,929.45

Fund Net Asset Value as of Jul 01 2022

Fund Net Asset Value as of Jul 01 2022
NAV

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

Shares Outstanding Assets Under Management
$418.74 40.74 M $17,060.01 M
NAV

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

$418.74
Shares Outstanding 40.74 M
Assets Under Management $17,060.01 M
Most Recent NAV / NAV History

Fund Performance

Fund Performance

  • Fund Inception Date: May 04 1995

as of May 31 2022

as of Mar 31 2022

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
May 04 1995
Fund Before Tax
NAV May 31 2022 0.72% -6.44% -11.03% -6.69% 13.00% 9.28% 11.92% 11.30%
Market Value May 31 2022 0.75% -6.37% -11.07% -6.74% 13.03% 9.28% 11.93% 11.30%
S&P MidCap 400 Index May 31 2022 0.75% -6.41% -10.98% -6.52% 13.28% 9.56% 12.24% 11.68%
Fund After Tax
Return after Taxes on Distributions May 31 2022 0.72% -6.44% -11.12% -7.10% 12.43% 8.73% 11.34% 10.74%
Return after Taxes on Distributions and Sale of Fund Shares May 31 2022 0.43% -3.81% -6.53% -3.95% 9.90% 7.06% 9.61% 9.81%
S&P MidCap 400 Index May 31 2022 0.75% -6.41% -10.98% -6.52% 13.28% 9.56% 12.24% 11.68%
As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
May 04 1995
Fund Before Tax
NAV Mar 31 2022 1.36% -4.93% -4.93% 4.36% 13.85% 10.80% 11.88% 11.64%
Market Value Mar 31 2022 1.27% -5.04% -5.04% 4.12% 13.80% 10.80% 11.88% 11.64%
S&P MidCap 400 Index Mar 31 2022 1.38% -4.88% -4.88% 4.59% 14.14% 11.10% 12.20% 12.03%
Fund After Tax
Return after Taxes on Distributions Mar 31 2022 1.26% -5.02% -5.02% 3.91% 13.27% 10.24% 11.30% 11.08%
Return after Taxes on Distributions and Sale of Fund Shares Mar 31 2022 0.80% -2.92% -2.92% 2.58% 10.57% 8.30% 9.56% 10.13%
S&P MidCap 400 Index Mar 31 2022 1.38% -4.88% -4.88% 4.59% 14.14% 11.10% 12.20% 12.03%

Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Performance of an index is not illustrative of any particular investment.  All results are historical and assume the reinvestment of dividends and capital gains. It is not possible to invest directly in an index.

Performance returns for periods of less than one year are not annualized.  Performance is shown net of fees.

Index returns are unmanaged and do not reflect the deduction of any fees or expenses. Index returns reflect all items of income, gain and loss and the reinvestment of dividends and other income as applicable.

The market price used to calculate the Market Value return is the midpoint between the highest bid and the lowest offer on the exchange on which the shares of the Fund are listed for trading, as of the time that the Fund's NAV is calculated. If you trade your shares at another time, your return may differ.

Gross Expense Ratio: 0.22%


Top Holdings

Subject to change.

Top Holdings

Subject to change.

Fund Top Holdingsas of Jun 30 2022
Index Top Holdingsas of Jun 30 2022

Fund Top Holdings as of Jun 30 2022

Name Shares Held Weight
Targa Resources Corp. 1,979,744 0.70%
Carlisle Companies Incorporated 448,922 0.63%
Steel Dynamics Inc. 1,556,583 0.61%
First Horizon Corporation 4,644,631 0.60%
Alleghany Corporation 116,836 0.58%
Service Corporation International 1,378,392 0.56%
United Therapeutics Corporation 393,364 0.55%
Essential Utilities Inc. 1,999,326 0.54%
Reliance Steel & Aluminum Co. 537,928 0.54%
Fair Isaac Corporation 225,186 0.53%
Download All Holdings: Daily

Index Top Holdings as of Jun 30 2022

Name Weight
Targa Resources Corp. 0.70%
Carlisle Companies Incorporated 0.64%
Steel Dynamics Inc. 0.61%
First Horizon Corporation 0.60%
Alleghany Corporation 0.58%
Service Corporation International 0.57%
United Therapeutics Corporation 0.55%
Essential Utilities Inc. 0.55%
Reliance Steel & Aluminum Co. 0.54%
Fair Isaac Corporation 0.54%

Sector Allocation

Sector Allocation
Fund Sector Breakdownas of Jun 30 2022
Index Sector Breakdownas of Jun 30 2022

Fund Sector Breakdown as of Jun 30 2022

Sector Weight
Industrials 18.31%
Financials 14.90%
Consumer Discretionary 13.62%
Information Technology 13.06%
Health Care 10.27%
Real Estate 9.26%
Materials 6.91%
Utilities 4.15%
Consumer Staples 4.00%
Energy 3.96%
Communication Services 1.58%

Index Sector Breakdown as of Jun 30 2022

Sector Weight
Industrials 18.31%
Financials 14.90%
Consumer Discretionary 13.62%
Information Technology 13.06%
Health Care 10.27%
Real Estate 9.26%
Materials 6.91%
Utilities 4.15%
Consumer Staples 4.00%
Energy 3.96%
Communication Services 1.58%

Holdings and sectors shown are as of the date indicated and are subject to change. This information should not be considered a recommendation to invest in a particular sector or to buy or sell any security shown. It is not known whether the sectors or securities shown will be profitable in the future.


Purchase Information

Purchase Information

Buying and Selling ETFs

ETFs are flexible and easy to trade. Investors buy and sell them like stocks, typically through a brokerage account. Investors can also employ traditional stock trading techniques; including stop orders, limit orders, margin purchases, and short sales using ETFs. They are listed on major US Stock Exchanges.

ETFs are subject to risk similar to those of stocks including those regarding short-selling and margin account maintenance.

Ordinary brokerage commissions apply.


Fund Footnotes

In general, ETFs can be expected to move up or down in value with the value of the applicable index. Although ETF shares may be bought and sold on the exchange through any brokerage account, ETF shares are not individually redeemable from the Fund. Investors may acquire ETFs and tender them for redemption through the Fund in Creation Unit Aggregations only. Please see the prospectus for more details.

After-tax returns are calculated based on NAV using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor's tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

Unless otherwise noted all information contained herein is that of the SPDR® S&P MIDCAP 400® ETF Trust.

Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index.

Holdings and sectors shown are as of the date indicated and are subject to change. This information should not be considered a recommendation to invest in a particular sector or to buy or sell any security shown. It is not known whether the sectors or securities shown will be profitable in the future.

As with all stocks, you may be required to deposit more money or securities into your margin account if the equity, including the amount attributable to your ETF shares, declines.