MIDE vs. CTEF

Last updated Jun 4, 2026

MIDE (Xtrackers S&P MidCap 400 ESG ETF) and CTEF (Castellan Targeted Equity ETF) are both Mid Cap Blend Equities funds. MIDE is passively managed, while CTEF is actively managed. A 0.72 correlation means they provide meaningful diversification when combined. MIDE charges 0.15%/yr vs 0.45%/yr for CTEF.

Performance

MIDE vs. CTEF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers S&P MidCap 400 ESG ETF (MIDE) and Castellan Targeted Equity ETF (CTEF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MIDE achieves a 14.45% return, which is significantly lower than CTEF's 29.35% return.

MIDE

• 1D: -0.04%
• 1M: 5.36%
• YTD: 14.45%
• 6M: 14.97%
• 1Y: 28.35%
• 3Y*: 16.42%
• 5Y*: 8.31%
• 10Y*: —

CTEF

• 1D: -0.41%
• 1M: 10.65%
• YTD: 29.35%
• 6M: 31.78%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MIDE vs. CTEF - Yearly Performance Comparison

	2026 (YTD)	2025
MIDE Xtrackers S&P MidCap 400 ESG ETF	14.45%	12.33%
CTEF Castellan Targeted Equity ETF	29.35%	33.22%

Correlation

The correlation between MIDE and CTEF is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 20, 2025	0.72

Return for Risk

MIDE vs. CTEF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MIDE

MIDE Risk / Return Rank: 56
MIDE Sharpe Ratio Rank: 52
MIDE Sortino Ratio Rank: 54
MIDE Omega Ratio Rank: 51
MIDE Calmar Ratio Rank: 61
MIDE Martin Ratio Rank: 61

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MIDE vs. CTEF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P MidCap 400 ESG ETF (MIDE) and Castellan Targeted Equity ETF (CTEF). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	MIDE	CTEF	Difference
Sharpe ratio: Return per unit of total volatility	1.80	—	—
Sortino ratio: Return per unit of downside risk	2.60	—	—
Omega ratio: Gain probability vs. loss probability	1.32	—	—
Calmar ratio: Return relative to maximum drawdown	3.04	—	—
Martin ratio: Return relative to average drawdown	10.84	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	MIDE	CTEF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.80	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.42	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	3.54	-3.07

Drawdowns

MIDE vs. CTEF - Drawdown Comparison

The maximum MIDE drawdown since its inception was -24.59%, which is greater than CTEF's maximum drawdown of -15.00%. Use the drawdown chart below to compare losses from any high point for MIDE and CTEF.

Drawdown Indicators

	MIDE	CTEF	Difference
Max Drawdown Largest peak-to-trough decline	-24.59%	-15.00%	-9.59%
Max Drawdown (1Y) Largest decline over 1 year	-9.36%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-24.59%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-24.59%	—	—
Current Drawdown Current decline from peak	-0.04%	-0.41%	+0.37%
Average Drawdown Average peak-to-trough decline	-6.50%	-1.80%	-4.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.62%	—	—

Volatility

Volatility by Period

	MIDE	CTEF	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.59%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.41%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.86%	21.81%	-5.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.71%	21.81%	-2.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.67%	21.81%	-2.14%

MIDE vs. CTEF - Expense Ratio Comparison

MIDE has a 0.15% expense ratio, which is lower than CTEF's 0.45% expense ratio.

Dividends

MIDE vs. CTEF - Dividend Comparison

MIDE's dividend yield for the trailing twelve months is around 1.31%, more than CTEF's 0.06% yield.

Position	TTM	2025	2024	2023	2022	2021
CTEF Castellan Targeted Equity ETF	0.06%	0.08%	0.00%	0.00%	0.00%	0.00%
MIDE Xtrackers S&P MidCap 400 ESG ETF	1.31%	1.52%	1.45%	1.36%	1.33%	0.93%

Frequently Asked Questions

Can I hold both MIDE and CTEF in my portfolio?

MIDE and CTEF have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MIDE or CTEF?

On fees, MIDE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MIDE or CTEF?

MIDE is cheaper with a 0.15% expense ratio, compared with 0.45% for CTEF.

Which ETF pays a higher dividend yield, MIDE or CTEF?

MIDE has the higher dividend yield at 1.31%, compared with 0.06% for CTEF.

What is the main difference between MIDE and CTEF?

They also come from different issuers: Deutsche Bank and Castellan. Their fees differ too: 0.15% for MIDE and 0.45% for CTEF.