More Results

    Are you sure you want to change languages?

    The page you are visiting uses a different locale than your saved profile. Do you want to change your locale?

    From Sectors and Smart Beta to Fixed Income, SPDR Exchange Traded Funds (ETFs) give you wide access to diverse investment opportunities. Find out more.

    Okay

    SPDR® S&P 400™ Mid Cap Value ETF MDYV

    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.

    Non-diversified fund may invest in a relatively small number of issuers, a decline in the market value may affect its value more than if it invested in a larger number of issuers. While the Fund is expected to operate as a diversified fund, it may become non-diversified for periods of time solely as a result of changes in the composition of its benchmark index.

    The Fund may not purchase securities of any issuer if, as a result, more than 5% of the Fund’s total assets would be invested in that issuer’s securities; except as may be necessary to approximate the composition of its target index. This limitation does not apply to obligations of the U.S. government or its agencies or instrumentalities.

    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.

    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.

    $69.58

    as of May 11 2021

    Base Currency

    USD

    Assets Under Management

    $1,572.46 M

    as of May 11 2021

    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.

    0.15%

    Quick Links

    Key Features

    Key Features

    • The SPDR® S&P 400™ Mid Cap Value ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P® MidCap 400® Value Index (the “Index”)
    • The Index includes stocks exhibiting the strongest value characteristics based on: book value to price ratio; earnings to price ratio; and sales to price ratio

    About this Benchmark

    About this Benchmark

    The S&P® MidCap 400® Value Index measures the performance of the mid-capitalization value sector in the U.S. equity market. The Index consists of those stocks in the S&P MidCap 400® Index exhibiting the strongest value characteristics based on: (i) bookvalue to price ratio; (ii) earnings to price ratio; and (iii) sales to price ratio. The Index is market capitalization weighted.

    Fund Information as of May 11 2021

    Fund Information as of May 11 2021
    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 Investment Manager Management Team
    S&P MidCap 400 Value Index Nov 08 2005 No 0.15% USD SSGA Funds Management, Inc. Global Equity Beta Solutions
    Benchmark S&P MidCap 400 Value Index
    Inception Date Nov 08 2005
    Options Available No
    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.

    		 0.15%
    Base Currency USD
    Investment Manager SSGA Funds Management, Inc.
    Management Team Global Equity Beta Solutions
    Distributor Distribution Frequency
    State Street Global Advisors Funds Distributors, LLC Quarterly
    Distributor State Street Global Advisors Funds Distributors, LLC
    Distribution Frequency Quarterly

    Listing Information as of May 11 2021

    Listing Information as of May 11 2021
    Exchange Listing Date Trading Currency Ticker CUSIP ISIN
    NYSE ARCA EXCHANGE Nov 08 2005 USD MDYV 78464A839 US78464A8392
    Exchange NYSE ARCA EXCHANGE
    Listing Date Nov 08 2005
    Trading Currency USD
    Ticker MDYV
    CUSIP 78464A839
    ISIN US78464A8392

    Fund Characteristics as of May 11 2021

    Fund Characteristics as of May 11 2021
    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
    15.10% 306 2.03 16.71 $6,711.78 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.

    		 15.10%
    Number of Holdings 306
    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.

    		 2.03
    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.

    		 16.71
    Weighted Average Market Cap $6,711.78 M

    Index Characteristics as of May 11 2021

    Index Characteristics as of May 11 2021
    Est. 3-5 Year EPS Growth Number of Holdings Price/Cash Flow Price/Earnings Price/Earnings Ratio FY1
    15.07% 306 9.47 19.73 16.71
    Est. 3-5 Year EPS Growth 15.07%
    Number of Holdings 306
    Price/Cash Flow 9.47
    Price/Earnings 19.73
    Price/Earnings Ratio FY1 16.71

    Index Statistics as of May 11 2021

    Index Statistics as of May 11 2021

    Average Size
    Size Range
    Weighted Average Market Cap Mean Median Largest Smallest
    $6,709.81 M $5,781.17 M $5,212.87 M $16,588.32 M $1,799.88 M
    Weighted Average Market Cap $6,709.81 M
    Average Size
    Mean $5,781.17 M
    Median $5,212.87 M
    Size Range
    Largest $16,588.32 M
    Smallest $1,799.88 M

    Yields as of May 11 2021

    Yields as of May 11 2021
    30 Day SEC Yield

    30 Day SEC Yield

    (Also known as Standardized Yield) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price.

    		 30 Day SEC Yield (Unsubsidized)

    30 Day SEC Yield (Unsubsidized)

    An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price that does not account for expense ratio waivers.

    		 Fund Dividend Yield

    Fund Dividend Yield

    The sum of the most recent 12 dividends within the past 365 days divided by Net Asset Value per share, expressed as a percentage.

    		 Index Dividend Yield

    Index Dividend Yield

    The weighted average of the underlyings' indicated annual dividend divided by price, expressed as a percentage.
    1.37% - 1.35% 1.63%
    30 Day SEC Yield

    30 Day SEC Yield

    (Also known as Standardized Yield) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price.

    		 1.37%
    30 Day SEC Yield (Unsubsidized)

    30 Day SEC Yield (Unsubsidized)

    An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price that does not account for expense ratio waivers.

    		 -
    Fund Dividend Yield

    Fund Dividend Yield

    The sum of the most recent 12 dividends within the past 365 days divided by Net Asset Value per share, expressed as a percentage.

    		 1.35%
    Index Dividend Yield

    Index Dividend Yield

    The weighted average of the underlyings' indicated annual dividend divided by price, expressed as a percentage.

    		 1.63%

    Fund Market Price as of May 11 2021

    Fund Market Price as of May 11 2021
    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.
    $69.57 $69.59 $70.01 $68.84 72,278 -0.01% 0.07%
    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.

    		 $69.57
    Closing Price

    Closing Price

    Market Price of last reported trade on the exchange.

    		 $69.59
    Day High $70.01
    Day Low $68.84
    Exchange Volume (Shares)

    Exchange Volume (shares)

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

    		 72,278
    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)

    		 -0.01%
    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.

    		 0.07%

    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 2020 First Quarter of 2021
    Days Traded at Premium
    Number of days the ETF closing price was above the NAV.
    		 127 36
    Days Traded at Discount
    Number of days the ETF closing price was below the NAV.
    		 126 25
    Days Traded at Premium
    Number of days the ETF closing price was above the NAV.
    Calendar Year 2020 127
    First Quarter of 2021 36
    Days Traded at Discount
    Number of days the ETF closing price was below the NAV.
    Calendar Year 2020 126
    First Quarter of 2021 25
    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 May 11 2021

    Fund Net Cash Amount as of May 11 2021
    Net Cash Amount
    $1,839,679.20
    Net Cash Amount $1,839,679.20

    Fund Net Asset Value as of May 11 2021

    Fund Net Asset Value as of May 11 2021
    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
    $69.58 22.60 M $1,572.46 M
    NAV

    NAV

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

    		 $69.58
    Shares Outstanding 22.60 M
    Assets Under Management $1,572.46 M
    Most Recent NAV / NAV History

    Fund Performance

    Fund Performance

    • Fund Inception Date: Nov 08 2005
    Performance
    Month End Quarter End

    as of Apr 30 2021

    as of Mar 31 2021

    As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
    Nov 08 2005
    Fund Before Tax
    NAV Apr 30 2021 4.79% 4.79% 24.03% 73.20% 13.42% 13.28% 11.32% 9.42%
    Market Value Apr 30 2021 4.75% 4.75% 23.99% 73.22% 13.42% 13.26% 11.31% 9.42%
    S&P MidCap 400 Value Index Apr 30 2021 4.81% 4.81% 24.12% 73.48% 13.58% 13.45% 11.52% 9.60%
    Fund After Tax
    Return after Taxes on Distributions Apr 30 2021 4.79% 4.79% 23.80% 72.20% 12.75% 12.54% 10.45% 8.65%
    Return after Taxes on Distributions and Sale of Fund Shares Apr 30 2021 2.84% 2.84% 14.22% 43.40% 10.24% 10.32% 8.95% 7.57%
    S&P MidCap 400 Value Index Apr 30 2021 4.81% 4.81% 24.12% 73.48% 13.58% 13.45% 11.52% 9.60%
    As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
    Nov 08 2005
    Fund Before Tax
    NAV Mar 31 2021 6.86% 18.36% 18.36% 88.93% 11.90% 12.61% 11.01% 9.14%
    Market Value Mar 31 2021 6.86% 18.37% 18.37% 89.04% 11.90% 12.60% 11.02% 9.14%
    S&P MidCap 400 Value Index Mar 31 2021 6.88% 18.43% 18.43% 89.26% 12.06% 12.77% 11.21% 9.32%
    Fund After Tax
    Return after Taxes on Distributions Mar 31 2021 6.66% 18.14% 18.14% 87.84% 11.24% 11.87% 10.15% 8.37%
    Return after Taxes on Distributions and Sale of Fund Shares Mar 31 2021 4.06% 10.87% 10.87% 52.75% 9.04% 9.78% 8.69% 7.33%
    S&P MidCap 400 Value Index Mar 31 2021 6.88% 18.43% 18.43% 89.26% 12.06% 12.77% 11.21% 9.32%

    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.  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.

    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.

    The S&P MidCap 400 Value Index reflects linked performance returns of both the S&P MidCap 400 Value Index and the Dow Jones U.S. Mid-Cap Value Total Stock Market Index. The index returns are reflective of the Dow Jones U.S. Mid-Cap Value Total Stock Market Index from fund inception until 12/17/2010 and of the S&P MidCap 400 Value Index effective 12/17/2010.

    Gross Expense Ratio: 0.15%

    Top Holdings

    Subject to change.

    Top Holdings

    Subject to change.

    Fund Top Holdingsas of May 11 2021
    Index Top Holdingsas of May 11 2021

    Fund Top Holdings as of May 11 2021

    Name Shares Held Weight
    Steel Dynamics Inc. 356,600 1.02%
    Reliance Steel & Aluminum Co. 113,051 0.88%
    Owens Corning 186,894 0.87%
    East West Bancorp Inc. 251,756 0.86%
    First Horizon Corporation 987,944 0.83%
    Lear Corporation 97,258 0.80%
    Jones Lang LaSalle Incorporated 91,028 0.80%
    AECOM 263,047 0.80%
    Alleghany Corporation 24,732 0.77%
    UGI Corporation 370,981 0.75%
    Download All Holdings: Daily

    Index Top Holdings as of May 11 2021

    Name Weight
    Steel Dynamics Inc. 1.02%
    Reliance Steel & Aluminum Co. 0.88%
    Owens Corning 0.87%
    East West Bancorp Inc. 0.86%
    First Horizon Corporation 0.83%
    Lear Corporation 0.80%
    Jones Lang LaSalle Incorporated 0.80%
    AECOM 0.80%
    Alleghany Corporation 0.77%
    UGI Corporation 0.75%

    Sector Allocation

    Sector Allocation
    Fund Sector Breakdownas of May 11 2021
    Index Sector Breakdownas of May 11 2021

    Fund Sector Breakdown as of May 11 2021

    Sector Weight
    Financials 22.05%
    Industrials 17.74%
    Consumer Discretionary 13.68%
    Real Estate 12.83%
    Information Technology 8.89%
    Materials 7.69%
    Utilities 5.77%
    Health Care 4.88%
    Consumer Staples 3.82%
    Communication Services 1.33%
    Energy 1.32%

    Index Sector Breakdown as of May 11 2021

    Sector Weight
    Financials 22.07%
    Industrials 17.73%
    Consumer Discretionary 13.67%
    Real Estate 12.82%
    Information Technology 8.90%
    Materials 7.70%
    Utilities 5.77%
    Health Care 4.88%
    Consumer Staples 3.81%
    Communication Services 1.33%
    Energy 1.32%
    Fund Documents
    Tax Documents
    Information & Schedules

    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 400™ Mid Cap Value ETF.

    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.

    The S&P MidCap 400 Value Index reflects linked performance returns of both the S&P MidCap 400 Value Index and the Dow Jones U.S. Mid-Cap Value Total Stock Market Index. The index returns are reflective of the Dow Jones U.S. Mid-Cap Value Total Stock Market Index from fund inception until 12/17/2010 and of the S&P MidCap 400 Value Index effective 12/17/2010.

    Content on this site is approved for Investment Professional use only.
     

    View More Information About Our Firm: FINRA's BrokerCheck
     

    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.
     

    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.
     

    Distributor: State Street Global Advisors Funds Distributors, LLC, member FINRA, SIPC,  an indirect wholly owned subsidiary of State Street Corporation. References to State Street may include State Street Corporation and its affiliates. Certain State Street affiliates provide services and receive fees from the SPDR ETFs. ALPS Distributors, Inc., member FINRA, is the distributor for DIA, MDY and SPY, all unit investment trusts. ALPS Portfolio Solutions Distributor, Inc., member FINRA, is the distributor for Select Sector SPDRs. ALPS Distributors, Inc. and ALPS Portfolio Solutions Distributor, Inc. are not affiliated with State Street Global Advisors Funds Distributors, LLC.
     

    THIS SITE IS INTENDED FOR QUALIFIED INVESTORS ONLY.
     

    No Offer/Local Restrictions
     

    Nothing contained in or on the Site should be construed as a solicitation of an offer to buy or offer, or recommendation, to acquire or dispose of any security, commodity, investment or to engage in any other transaction. SSGA Intermediary Business offers a number of products and services designed specifically for various categories of investors. Not all products will be available to all investors. The information provided on the Site is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation.
     

    All persons and entities accessing the Site do so on their own initiative and are responsible for compliance with applicable local laws and regulations. The Site is not directed to any person in any jurisdiction where the publication or availability of the Site is prohibited, by reason of that person's nationality, residence or otherwise. Persons under these restrictions must not access the Site.

    Information for Non-U.S. Investors:
     

    The products and services described on this web site are intended to be made available only to persons in the United States or as otherwise qualified and permissible under local law. The information on this web site is only for such persons. Nothing on this web site shall be considered a solicitation to buy or an offer to sell a security to any person in any jurisdiction where such offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction.
     

    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.
     

    Not FDIC Insured * No Bank Guarantee * May Lose Value

    2732006.6.1.AM.INST

     

    Sitemap

    © 2021 %%State Street Corporation%%. All rights reserved.