SPDR S&P MidCap 400 ETF (MDY) belongs to the Small Cap Growth Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with MDY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MDY
MDY charges 0.23% annually. There are 15 ETFs in the Small Cap Growth Equities category with lower expense ratios, going as low as 0.04%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Schwab U.S. Small-Cap ETF | 0.04% | 22.78B | Nov 2009 | MDY vs SCHA | |
| BNY Mellon US Small Cap Core Equity ETF | 0.04% | 82.78M | Apr 2020 | MDY vs BKSE | |
| iShares Morningstar Small-Cap Growth ETF | 0.06% | 965.03M | Jun 2004 | MDY vs ISCG | |
| Vanguard Small-Cap Growth ETF | 0.07% | 42.80B | Jan 2004 | MDY vs VBK | |
| JPMorgan BetaBuilders U.S. Mid Cap Equity ETF | 0.07% | 2.10B | Apr 2020 | MDY vs BBMC |
Best Risk-Adjusted Alternatives to MDY
MDY has a PortfoliosLab risk / return rank of 54. There are 22 ETFs in the Small Cap Growth Equities category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco WilderHill Clean Energy ETF | 91 | 610.23M | Mar 2005 | MDY vs PBW | |
| First Trust Small Cap Growth AlphaDEX Fund | 82 | 1.14B | Apr 2011 | MDY vs FYC | |
| Schwab U.S. Small-Cap ETF | 76 | 22.78B | Nov 2009 | MDY vs SCHA | |
| iShares Russell 2500 ETF | 71 | 3.39B | Jul 2017 | MDY vs SMMD | |
| JPMorgan Diversified Return U.S. Small Cap Equity ... | 70 | 572.77M | Nov 2016 | MDY vs JPSE |
Top Performing MDY Alternatives (YTD)
MDY is at 14.02% YTD. There are 26 ETFs in the Small Cap Growth Equities category with higher YTD returns, going as high as 54.02%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco WilderHill Clean Energy ETF | 54.02% | 610.23M | Mar 2005 | MDY vs PBW | |
| Pacer US Small Cap Cash Cows Growth Leaders ETF | 26.26% | 24.37M | May 2023 | MDY vs CAFG | |
| Invesco S&P SmallCap Momentum ETF | 22.64% | 2.89B | Mar 2005 | MDY vs XSMO | |
| Invesco S&P MidCap 400® Pure Growth ETF | 21.39% | 354.44M | Mar 2006 | MDY vs RFG | |
| First Trust Small Cap Growth AlphaDEX Fund | 21.11% | 1.14B | Apr 2011 | MDY vs FYC |
Lowest Volatility Alternatives to MDY
MDY has 15.48% 1-year volatility. There are 4 ETFs in the Small Cap Growth Equities category with lower 1-year volatility, going as low as 9.73%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares MSCI USA Small-Cap Min Vol Factor ETF | 9.73% | 279.24M | Sep 2016 | MDY vs SMMV | |
| Franklin LibertyQ U.S. Small Cap Equity ETF | 15.20% | 50.22M | Apr 2017 | MDY vs FLQS | |
| First Trust SMID Growth Strength ETF | 15.23% | 29.37M | Jun 2017 | MDY vs FSGS | |
| Fidelity Small-Mid Multifactor ETF | 15.26% | 2.37B | Feb 2019 | MDY vs FSMD | |
| Vanguard S&P Mid-Cap 400 ETF | 15.56% | 5.40B | Sep 2010 | MDY vs IVOO |
Lowest Drawdown Alternatives to MDY
MDY has a 1-year max drawdown of -8.82%. There are 6 ETFs in the Small Cap Growth Equities category with shallower 1-year drawdowns, going as shallow as -7.02%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares MSCI USA Small-Cap Min Vol Factor ETF | -7.02% | 279.24M | Sep 2016 | MDY vs SMMV | |
| JPMorgan Diversified Return U.S. Small Cap Equity ... | -8.00% | 572.77M | Nov 2016 | MDY vs JPSE | |
| Pacer US Small Cap Cash Cows Growth Leaders ETF | -8.13% | 24.37M | May 2023 | MDY vs CAFG | |
| Fidelity Small-Mid Multifactor ETF | -8.44% | 2.37B | Feb 2019 | MDY vs FSMD | |
| Invesco S&P SmallCap 600® Pure Growth ETF | -8.63% | 121.61M | Mar 2006 | MDY vs RZG |
Other ETFs from State Street
The 10 most viewed State Street ETFs shown here include SPY, GLD, XLK and span 10 categories. AUM among these funds goes as high as $781B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | S&P 500 | 75 | 11.69% | 781.00B | Jan 1993 | MDY vs SPY | |
| SPDR Gold Shares | Gold, Precious Metals | 34 | 3.95% | 150.37B | Nov 2004 | MDY vs GLD | |
| State Street Technology Select Sector SPDR ETF | Technology Equities | 86 | 37.85% | 121.66B | Dec 1998 | MDY vs XLK | |
| State Street SPDR Portfolio S&P 500 Growth ETF | S&P 500, Large Cap Growth Equities | 63 | 14.87% | 53.61B | Sep 2000 | MDY vs SPYG | |
| State Street SPDR Portfolio S&P 500 High Dividend ... | S&P 500, Dividend | 43 | 10.83% | 7.30B | Oct 2015 | MDY vs SPYD | |
| State Street Energy Select Sector SPDR ETF | Energy Equities | 64 | 30.48% | 38.95B | Dec 1998 | MDY vs XLE | |
| SPDR Gold MiniShares Trust | Gold, Precious Metals | 34 | 3.99% | 30.87B | Jun 2018 | MDY vs GLDM | |
| State Street SPDR Portfolio S&P 500 ETF | S&P 500 | 75 | 11.72% | 146.68B | Nov 2005 | MDY vs SPYM | |
| State Street Utilities Select Sector SPDR ETF | Utilities Equities | 21 | 3.55% | 22.40B | Dec 1998 | MDY vs XLU | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | Government Bonds, Ultrashort Bond | 100 | 1.46% | 45.99B | May 2007 | MDY vs BIL |
Often Compared With MDY
Investors most often compare MDY with IJH, IWM, SPMD. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare MDY with Any Fund or Stock
Compare MDY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MDY with funds that move differently
SPDR S&P MidCap 400 ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MDY.
Explore MDY Diversifiers