The Best Mid-Cap ETF (2024)
The Best Mid-Cap ETF (2024)

The Best Mid-Cap ETF (2024)

Mid-cap ETFs are one-stop shops for this class of stocks. Mid-cap ETFs are a great way to own companies that are growing quickly and have good financial stability without having to analyze individual stocks and pick the winners. The mid-caps include plenty of companies that you haven’t heard of as well as quite a few that you may use in your daily life. The best of the mid-cap stocks will continue to grow larger, ultimately becoming large-caps and multiplying your initial investments many times over. Midcaps can be an excellent diversifier from other core and large-cap ETFs. It offers a portfolio of companies with higher growth potential and the opportunity to participate in strong price appreciation. Mid-cap companies may be more flexible to adapt to changing economic and competitive environments.

What is the Best Mid-Cap ETF?

  1. XMHQ: Invesco S&P MidCap Quality ETF
  2. IVOV: Vanguard S&P Mid-Cap 400 Value Index Fund
  3. VO: Vanguard Mid Cap Index Fund
  4. XMMO: Invesco S&P MidCap Momentum ETF
  5. IVOG: Vanguard S&P Mid-Cap 400 Growth Index Fund
  6. RWK: Invesco S&P MidCap 400 Revenue ETF
  7. RFV: Invesco S&P MidCap 400 Pure Value ETF
  8. IMCG: iShares Morningstar Mid-Cap Growth ETF
  9. VOE: Vanguard Mid-Cap Value Index Fund
  10. FLQM: Franklin U.S. Mid Cap Multifactor Index ETF
ManagerBlackRock LogoFranklin Templeton Investments LogoInvesco LogoInvesco LogoInvesco LogoInvesco LogoVanguard LogoVanguard LogoVanguard LogoVanguard Logo
ETFIMCGFLQMXMMOXMHQRWKRFVIVOGIVOVVOVOE
Inception 2004-06-282017-04-262005-03-032006-12-012005-03-032006-03-012010-09-072010-09-072004-01-262006-08-17
MER0.06%0.30%0.34%0.33%0.39%0.35%0.15%0.15%0.04%0.07%
AUM$1,663,626,733$290,730,000$1,013,900,000$1,750,300,000$197,700,000$333,800,000$767,300,000$789,300,000$55,300,000,000$15,500,000,000
P/E27.4515.8116.0413.5010.929.6816.113.419.316.0
P/B4.573.553.663.331.831.202.91.72.82.0
Yield1.00%2.10%1.03%1.00%1.05%1.28%1.27%1.87%1.66%2.42%
DistributionsQuarterlyQuarterlyQuarterlyQuarterlyQuarterlyQuarterlyAnnuallyAnnuallyQuarterlyQuarterly
1Y5.75%4.43%3.58%12.39%6.54%7.69%17.40%15.42%16.04%9.83%
3Y0.19%8.60%5.35%10.79%14.28%17.21%4.07%11.79%5.51%9.19%
5Y11.53%10.63%11.93%13.23%11.69%11.59%11.77%12.79%12.73%11.31%
10Y10.63%N/A12.11%10.57%9.51%9.38%8.87%9.01%9.42%8.49%

10. Invesco S&P MidCap 400 Revenue ETF

The Invesco S&P MidCap 400 Revenue ETF (Fund) is based on the S&P MidCap 400 Revenue-Weighted Index (Index). The Fund will invest at least 90% of its total assets in securities of mid-capitalization companies in the Index. The Index is constructed using a rules-based approach that re-weights securities of the S&P MidCap 400 Index according to the revenue earned by the companies, with a maximum 5% per company weighting. The Fund and Index are rebalanced quarterly.

9. Franklin U.S. Mid Cap Multifactor Index ETF

Franklin U.S. Mid Cap Multifactor Index ETF (FLQM) tracks a multi-factor index that aims to reduce market volatility and deliver a smoother investor experience over the long term.

  • Seeks to provide investment results that closely correspond, before fees and expenses, to the performance of its corresponding underlying index, LibertyQ U.S. Mid Cap Equity Index
  • Pursues low downside capture and strong risk-adjusted returns over the long term
  • The index methodology employs a rules-based, custom multi-factor approach providing exposure to four well known factors: 50% Quality, 30% Value, 10% Momentum and 10% Low Volatility

8. Vanguard Mid-Cap Value Index Fund

Seeks to track the performance of the CRSP US Mid Cap Value Index, which measures the investment return of mid-capitalization value stocks.

  • Provides a convenient way to match the performance of a diversified group of midsize value companies.
  • Follows a passively managed, full-replication approach

7. iShares Morningstar Mid-Cap Growth ETF

iShares Morningstar Mid-Cap Growth ETF (IMCG) seeks to track the investment results of an index composed of mid-capitalization U.S. equities that exhibit growth characteristics.

  • Exposure to mid-sized U.S. companies whose earnings are expected to grow at an above-average rate relative to the market
  • Targeted access to a specific category of mid-cap domestic stocks
  • Use to tilt your portfolio towards growth stocks

6. Invesco S&P MidCap 400 Pure Value ETF

The Invesco S&P MidCap 400 Pure Value ETF (Fund) is based on the S&P MidCap 400 Pure Value Index (Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index. The Index measures the performance of securities that exhibit strong value characteristics in the S&P MidCap 400 Index. Value is measured by the following risk factors: book value-to-price ratio, earnings-to-price ratio and sales-to-price ratio. The Fund and the Index are rebalanced annually.

5. Vanguard S&P Mid-Cap 400 Growth Index Fund

Invests in stocks in the S&P MidCap 400 Growth Index,  composed of the growth companies in the S&P 400.

  • Focuses on closely tracking the index’s return, which is considered a gauge of overall U.S. mid-cap growth stock returns.
  • Offers high potential for investment growth; share value rises and falls more sharply than that of funds holding bonds.
  • More appropriate for long-term goals where your money’s growth is essential

4. Invesco S&P MidCap Momentum ETF

Invesco S&P MidCap Momentum ETF (XMMO) is based on the S&P Midcap 400 Momentum Index (Index). The Fund will invest at least 90% of its total assets in the component securities that comprise the Index. The Index is composed of securities with 80 securities in the S&P Midcap 400 Index having the highest “momentum scores,” which are computed by measuring the upward price movements of each security as compared to other eligible stocks within the S&P Midcap 400 Index. The Fund and the Index are rebalanced and reconstituted semi-annually.

3. Vanguard Mid Cap Index Fund

Vanguard Mid-Cap Index Fund ETF Shares (VO) seeks to track the performance of the CRSP US Mid Cap Index, which measures the investment return of mid-capitalization stocks.

  • Provides a convenient way to match the performance of a diversified group of medium-size companies.
  • Follows a passively managed, full-replication approach

2. Vanguard S&P Mid-Cap 400 Value Index Fund

Invests in stocks in the S&P MidCap 400 Value Index, composed of the value companies in the S&P 400.

  • Focuses on closely tracking the index’s return, which is considered a gauge of overall U.S. mid-cap value stock returns.
  • Offers high potential for investment growth; share value rises and falls more sharply than that of funds holding bonds.
  • More appropriate for long-term goals where your money’s growth is essential.

1. Invesco S&P MidCap Quality ETF

Invesco S&P MidCap Quality ETF (XMHQ) is based on the S&P MidCap 400 Quality Index. The Fund will invest at least 90% of its total assets in the component securities that comprise the Index. The Index is a modified market capitalization-weighted index that holds approximately 80 securities in the S&P Midcap 400 Index that have the highest quality scores, which are computed based on a composite of three proprietary factors. The Fund and the Index are rebalanced semi-annually.

Are Mid-Cap ETFs Worth It?

Mid-cap ETFs are an attractive way to invest in solid performers that have both growth and stability – and to do so without the risks of buying into individual stocks. While an ETF can help diversify the risk of buying a few individual stocks, it won’t eliminate all the risk of investing.

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