Should State Street SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) Be on Your Investing Radar?

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.

Zacks Investment Research • Nov 28, 2025

Should SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) Be on Your Investing Radar?

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.

Zacks Investment Research • Sep 25, 2025

The Midcap Comeback? Why It May Be Time to Revisit the Middle

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.

ETF Trends • Sep 24, 2025

SPMD: Considering The Short-Term Risks

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.

Seeking Alpha • Jul 12, 2025

Here's Why You Should Buy Top-Ranked Mid-Cap ETFs Now

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

Zacks Investment Research • May 7, 2025

Some Names I've Bought During Tariff Mayhem

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.

Seeking Alpha • Apr 16, 2025

SPMD: Macroeconomic Environment Turning More Favorable

SPMD's near-term outlook is favorable due to receding inflation and a new rate-cut cycle, making it a buy-rating for 2025 and 2026. Despite underperforming the S&P 500 in the past two years, SPMD's earnings growth is expected to accelerate significantly in the next two years. SPMD's valuation is fair with a forward P/E ratio of 15.9x, slightly below its historical median, indicating it is not expensive.

Seeking Alpha • Oct 5, 2024

Why Should You Buy Mid-Cap ETFs?

Mid-cap investing can be a strong option, offering a unique balance between growth and stability, diversification benefits and potential for undervalued opportunities.

Zacks Investment Research • Aug 23, 2024

SPMD: The Sweet Spot In The Middle

Mid-cap stocks are often overlooked but offer growth potential and stability, making them a good option for large-cap allocators. The SPDR® Portfolio S&P 400 Mid Cap ETF tracks the S&P MidCap 400 Index, offering diversified exposure to mid-cap stocks. The fund's sector composition is different from large-caps, with a focus on Industrials, Financials, and Consumer Discretionary, making it cyclical in nature.

Seeking Alpha • Jul 20, 2024

A Spread of Top-Ranked Mid-Cap ETFs to Bet On Now

After a solid first quarter, Wall Street has been struggling this month as growing inflation worries and escalating geopolitical tensions take a toll on investors confidence.

Zacks Investment Research • Apr 17, 2024