State Street SPDR Portfolio S&P 400 Mid Cap ETF

SPMD

Market cap $14.7B

Launched on November 8, 2005, the State Street SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) is a passively managed exchange traded fund designed to provide a broad exposure to the Mid Cap Blend segment of the US equity market.

Designed to provide broad exposure to the Mid Cap Blend segment of the US equity market, the SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) is a passively managed exchange traded fund launched on November 8, 2005.

Many have said that midcap stocks are a “sweet spot” of market capitalization. They deliver both growth potential — typically associated with smaller companies — and profitability — usually seen in larger companies.

Looking for broad exposure to the Mid Cap Blend segment of the US equity market? You should consider the SPDR Portfolio S&P 400 Mid Cap ETF (SPMD), a passively managed exchange traded fund launched on 11/08/2005.

I assign a hold rating on SPMD due to short-term macroeconomic risks and likely underperformance versus large-cap funds in the coming months. Mid-cap exposure is structurally defensive, but SPMD's more modest tech allocation limits its ability to benefit from the supporting market driver that AI hype represents. Tariffs, weakening demand, higher inflation, and a softening labor market present near-term headwinds, potentially impacting mid-cap performance more than large caps.

Looking for broad exposure to the Mid Cap Blend segment of the US equity market? You should consider the SPDR Portfolio S&P 400 Mid Cap ETF (SPMD), a passively managed exchange traded fund launched on 11/08/2005.

Mid-caps offer a unique balance between growth and stability, diversification benefits and potential for undervalued opportunities.

The current high level of uncertainty makes predicting individual company performance on a micro-economic level unrealistic. Instead of sharing an in-depth piece on one long idea, I am sharing a basket of longs I have recently bought during this market decline. Technical Analysis has led me to put cash to work back in the market.

Designed to provide broad exposure to the Mid Cap Blend segment of the US equity market, the SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) is a passively managed exchange traded fund launched on 11/08/2005.

Launched on 11/08/2005, the SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) is a passively managed exchange traded fund designed to provide a broad exposure to the Mid Cap Blend segment of the US equity market.