Category Average Return | 3.5% | 12.6% | 13.8% |
Fund Name | Ticker | Summary | 2025 | 2024 | 2023 |
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First Trust Mid Cap Core AlphaDEX Fund | FNX | 4.9% | 8.4% | 24.9% | |
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in mid-size companies in the United States. The fund employs an indexing investment approach that is designed to replicate the performance of the Index. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team invests significantly in the common stocks that comprise the Index. The Index is designed to select stocks from the NASDAQ US 600 Mid Cap Index (the Base Index) that may generate positive alpha, or risk-adjusted returns, through the use of the AlphaDEX selection methodology. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund will be concentrated in an industry or a group of industries to the extent that the Index is so concentrated. |
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First Trust Mid Cap Growth AlphaDEX Fund | FNY | 1.7% | 13.7% | 20.3% | |
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in mid-size companies in the United States. The fund employs an indexing investment approach that is designed to replicate the performance of the Index. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team invests significantly in the common stocks that comprise the Index. The Index is designed to select growth stocks from the NASDAQ US 600 Mid Cap Index (the Base Index) that may generate positive alpha, or risk-adjusted returns, through the use of the AlphaDEX selection methodology. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund will be concentrated in an industry or a group of industries to the extent that the Index is so concentrated. |
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First Trust Mid Cap Value AlphaDEX Fund | FNK | 6.6% | -1% | 3% | |
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in mid-size companies in the United States. The fund employs an indexing investment approach that is designed to replicate the performance of the Index. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team invests significantly in the common stocks that comprise the Index. The Index is designed to select value stocks from the NASDAQ US 600 Mid Cap Index (the Base Index) that may generate positive alpha, or risk-adjusted returns, through the use of the AlphaDEX selection methodology. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund will be concentrated in an industry or a group of industries to the extent that the Index is so concentrated. |
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Franklin LibertyQ U.S. Mid Cap Equity ETF | FLQM | 1.4% | 6.4% | 24.5% | |
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in mid-size companies in the United States. The fund employs a passive or indexing investment approach that is designed to track the performance of the Index. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team invests significantly in the component securities of the Underlying Index. The Underlying Index generally includes companies that have favorable exposure to four investment style factors, such as quality, value, momentum and low volatility. Additionally, the research team employs a representative sampling strategy to select securities that collectively have an investment profile similar to the Underlying Index. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund seeks to replicate the composition of the benchmark index, holding each security in approximately the same proportion as its weighting in the Index. Also, the fund will concentrate its investments (i.e., hold 25% or more of its net assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. |
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Inspire Small/Mid Cap Impact ETF | ISMD | 0% | 0% | 0% | |
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in small-and mid-size companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team invests significantly in equity securities. The team employs a proprietary selection methodology that assigns a score to a particular security based on the security’s alignment with biblical values and the positive impact the issuing company has on the world through various environmental, social and governance criterion. The methodology excludes companies involved in activities or products, such as Abortion Procedures, Cannabis Retail THC, Gambling, Alcohol, Human Rights, LGBT Legislation, Pornography, and Tobacco. Also, the research team integrates environmental, social and governance factors as part of its process. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund may concentrate its investments in a particular industry or group of industries to the extent that the Small/Mid Cap Index concentrates in an industry or group of industries. |
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Invesco FTSE RAFI US 1500 Small-Mid ETF | PRFZ | 0% | 0% | 0% | |
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team invests significantly in the securities that comprise the Underlying Index. The Underlying Index is designed to track the performance of small and medium-sized US companies, selected on the basis of fundamental measures such as book value, cash flow, sales and dividends. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund seeks to replicate the composition of the benchmark index, holding each security in approximately the same proportion as its weighting in the Index. Additionally, the fund will concentrate its investments (i.e., invest 25% or more of the value of its net assets) in securities of issuers in any one industry or group of industries only to the extent that the Underlying Index reflects a concentration in that industry or group of industries. The fund is diversified. |
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Invesco S&P MidCap 400 Equal Weight ETF | EWMC | 0% | 15.3% | 37.1% | |
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team invests significantly in the securities that comprise the Underlying Index. The Underlying Index equally weights mid-cap securities in the S&P MidCap 400 Index. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund seeks to replicate the composition of the benchmark index, holding each security in approximately the same proportion as its weighting in the Index. Additionally, the fund will concentrate its investments in securities of issuers in any one industry or group of industries only to the extent that the Underlying Index reflects a concentration in that industry or group of industries. |
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Invesco S&P MidCap 400 Pure Value ETF | RFV | 0% | 0% | 0% | |
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team invests significantly in the securities that comprise the Underlying Index. The Underlying Index is composed of a subset of securities from the S&P MidCap 400 Index that exhibit superior value characteristics. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund seeks to replicate the composition of the benchmark index, holding each security in approximately the same proportion as its weighting in the Index. Additionally, the fund will concentrate its investments in securities of issuers in any one industry or group of industries only to the extent that the Underlying Index reflects a concentration in that industry or group of industries. The fund is diversified. |
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Invesco S&P MidCap 400 Revenue ETF | RWK | 0% | 3.9% | 2.7% | |
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team invests significantly in the securities that comprise the Underlying Index. The Underlying Index is designed to measure the performance of positive revenue-producing constituent securities of the S&P MidCap 400 Index. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund seeks to replicate the composition of the benchmark index, holding each security in approximately the same proportion as its weighting in the Index. Additionally, the fund will concentrate its investments in securities of issuers in any one industry or group of industries only to the extent that the Underlying Index reflects a concentration in that industry or group of industries. The fund is non-diversified. |
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Invesco S&P MidCap Low Volatility ETF | XMLV | 0% | 0% | 0% | |
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team invests significantly in the securities that comprise the Underlying Index. The Underlying Index is designed to measure the performance of a subset of approximately 80 securities in the S&P MidCap 400 Index that have the lowest realized volatility over the past 12 months. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund seeks to replicate the composition of the benchmark index, holding each security in approximately the same proportion as its weighting in the Index. Additionally, the fund will concentrate its investments in securities of issuers in any one industry or group of industries only to the extent that the Underlying Index reflects a concentration in that industry or group of industries. The fund is diversified. |
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Invesco S&P MidCap Momentum ETF | XMMO | 5.3% | 30.5% | 53.5% | |
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team invests significantly in the securities that comprise the Underlying Index. The Underlying Index is composed of constituents of the S&P MidCap 400 Index that have the highest momentum score. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund seeks to replicate the composition of the benchmark index, holding each security in approximately the same proportion as its weighting in the Index. Additionally, the fund will concentrate its investments (i.e., invest 25% or more of the value of its net assets) in securities of issuers in any one industry or group of industries only to the extent that the Underlying Index reflects a concentration in that industry or group of industries. The fund is diversified. |
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Invesco S&P MidCap Quality ETF | XMHQ | 0% | 0% | 0% | |
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team invests significantly in the securities that comprise the Underlying Index. The Underlying Index holds approximately 80 securities in the S&P Midcap 400 Index that have the highest quality scores, based on three equally-weighted factors such as return-on-equity, accruals ratio, and financial leverage ratio. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund seeks to replicate the composition of the benchmark index, holding each security in approximately the same proportion as its weighting in the Index. Additionally, the fund will concentrate its investments (i.e., invest 25% or more of the value of its net assets) in securities of issuers in any one industry or group of industries only to the extent that the Underlying Index reflects a concentration in that industry or group of industries. The fund is diversified. |
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Invesco S&P MidCap Value with Momentum ETF | XMVM | 0% | 14.8% | 18.9% | |
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team invests significantly in the securities that comprise the Underlying Index. The Underlying Index is designed to track the performance of approximately 80 stocks in the S&P MidCap 400 Index that have high value and momentum scores. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund seeks to replicate the composition of the benchmark index, holding each security in approximately the same proportion as its weighting in the Index. Additionally, the fund will concentrate its investments in securities of issuers in any one industry or group of industries only to the extent that the Underlying Index reflects a concentration in that industry or group of industries. The fund is diversified. |
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Invesco Zacks Mid-Cap ETF | CZA | 0% | 16.4% | -0.9% | |
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team invests significantly in the securities that comprise the Underlying Index, as well as American Depositary Receipts that represent securities in the Underlying Index. The Underlying Index is composed of 100 securities from a universe of mid-capitalization securities including common stocks, master limited partnerships, ADRs, real estate investment trusts and business development companies. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund seeks to replicate the composition of the benchmark index, holding each security in approximately the same proportion as its weighting in the Index. Additionally, the fund will concentrate its investments in securities of issuers in any one industry or group of industries only to the extent that the Underlying Index reflects a concentration in that industry or group of industries. |
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iShares Core S&P Mid-Cap ETF | IJH | 0.7% | 5.9% | 11.6% | |
The fund seeks to replicate the total return performance of the benchmark index before fees and expenses by investing in mid-size companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. As part of its strategy, the fund employs a passive or indexing approach. Next, the research team invests significantly in the component securities of its Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of its Underlying Index. The Underlying Index consists of securities from a broad range of industries. The team utilizes a representative sampling indexing strategy to evaluate companies based on market capitalization and industry weightings. In addition, the team also assesses a company’s return variability and yield and liquidity characteristics. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund may or may not hold all of the securities in the Underlying Index. Additionally, the fund may lend securities representing up to one-third of the value of the fund’s net assets. The fund will concentrate its investments in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. Also, the fund may invest in certain futures, options and swap contracts, cash and cash equivalents. |
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iShares Morningstar Mid-Cap ETF | IMCB | 0% | 0% | -61.5% | |
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in mid-size companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. As part of its strategy, the fund employs a passive or indexing approach. Next, the research team invests significantly in the component securities of its Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of its Underlying Index. The Underlying Index measures the performance of stocks issued by mid-capitalization companies that have exhibited both growth and value characteristics. The team utilizes a representative sampling indexing strategy to evaluate companies based on factors such as market capitalization and industry weightings. In addition, the team also assesses a company’s return variability, yield and liquidity characteristics. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund may or may not hold all of the securities in the Underlying Index. The fund will concentrate its investments in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. Also, the fund may invest in certain futures, options and swap contracts, cash and cash equivalents. Additionally, the fund may lend securities representing up to one-third of the value of its net assets. |
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iShares Morningstar Mid-Cap Growth ETF | IMCG | 3.6% | 8.2% | 20.3% | |
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in mid-size companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. As part of its strategy, the fund employs a passive or indexing approach. Next, the research team invests significantly in securities of the Underlying Index and in depositary receipts representing securities of the Underlying Index. The Underlying Index consists of securities that exhibit above-average growth characteristics. The team utilizes a representative sampling indexing strategy to evaluate companies based on market capitalization and industry weightings. In addition, the team also assesses a company’s return variability and yield and liquidity characteristics. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund may or may not hold all of the securities in the Underlying Index. Additionally, the fund may lend securities representing up to one-third of the value of the fund’s net assets. The fund will concentrate its investments in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. Also, the fund may invest in certain futures, options and swap contracts, cash and cash equivalents. |
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iShares Morningstar Mid-Cap Value ETF | IMCV | 2.2% | 15.9% | 22.3% | |
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in mid-size companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. As part of its strategy, the fund employs a passive or indexing approach. Next, the research team invests significantly in the component securities of its Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of its Underlying Index. The Underlying Index consists of securities that exhibit value characteristics. The team utilizes a representative sampling indexing strategy to evaluate companies based on market capitalization and industry weightings. In addition, the team also assesses a company’s return variability and yield and liquidity characteristics. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund may or may not hold all of the securities in the Underlying Index. Additionally, the fund may lend securities representing up to one-third of the value of the fund’s net assets. The fund will concentrate its investments in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. Also, the fund may invest in certain futures, options and swap contracts, cash and cash equivalents. |
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iShares Russell 2500 ETF | SMMD | 1.8% | 24.2% | 52.2% | |
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in small-and mid-size companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. As part of its strategy, the fund employs a passive or indexing approach. Next, the research team invests significantly in the component securities of its Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of its Underlying Index. The Underlying Index measures the performance of the small- to mid-capitalization sector of the U.S. equity market. The team utilizes a representative sampling indexing strategy to evaluate companies based on market capitalization and industry weightings. In addition, the team also assesses a company’s return variability and yield and liquidity characteristics. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund may or may not hold all of the securities in the Underlying Index. Additionally, the fund may lend securities representing up to one-third of the value of the fund’s net assets. The fund will concentrate its investments in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. Also, the fund may invest in certain futures, options and swap contracts, cash and cash equivalents. |
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iShares Russell Mid-Cap ETF | IWR | 0% | 0% | 0% | |
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in mid-size companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. As part of its strategy, the fund employs a passive or indexing approach. Next, the research team invests significantly in the component securities of its Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of its Underlying Index. The Underlying Index measures the performance of the mid-capitalization sector of the U.S. equity market. The team utilizes a representative sampling indexing strategy to evaluate companies based on market capitalization and industry weightings. In addition, the team also assesses a company’s return variability and yield and liquidity characteristics. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund may or may not hold all of the securities in the Underlying Index. Additionally, the fund may lend securities representing up to one-third of the value of the fund’s net assets. The fund will concentrate its investments in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. Also, the fund may invest in certain futures, options and swap contracts, cash and cash equivalents. |
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iShares Russell Mid-Cap Growth ETF | IWP | 0.9% | 33% | 33.3% | |
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in mid-size companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. As part of its strategy, the fund employs a passive or indexing approach. Next, the research team invests significantly in the component securities of its Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of its Underlying Index. The Underlying Index consists of securities that exhibit growth characteristics. The team utilizes a representative sampling indexing strategy to evaluate companies based on market capitalization and industry weightings. In addition, the team also assesses a company’s return variability and yield and liquidity characteristics. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund may or may not hold all of the securities in the Underlying Index. Additionally, the fund may lend securities representing up to one-third of the value of the fund’s net assets. The fund will concentrate its investments in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. Also, the fund may invest in certain futures, options and swap contracts, cash and cash equivalents. |
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iShares Russell Mid-Cap Value ETF | IWS | 2.6% | 26.1% | 18.4% | |
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in mid-size companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. As part of its strategy, the fund employs a passive or indexing approach. Next, the research team invests significantly in the component securities of its Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of its Underlying Index. The Underlying Index consists of securities that exhibit value characteristics. The team utilizes a representative sampling indexing strategy to evaluate companies based on market capitalization and industry weightings. In addition, the team also assesses a company’s return variability and yield and liquidity characteristics. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund may or may not hold all of the securities in the Underlying Index. Additionally, the fund may lend securities representing up to one-third of the value of the fund’s net assets. The fund will concentrate its investments in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. Also, the fund may invest in certain futures, options and swap contracts, cash and cash equivalents. |
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iShares S&P Mid-Cap 400 Growth ETF | IJK | 0% | 0% | 9.4% | |
The fund seeks to replicate the total return performance of the benchmark index before fees and expenses by investing in mid-size companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. As part of its strategy, the fund employs a passive or indexing approach. Next, the research team invests significantly in the component securities of its Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of its Underlying Index. The Underlying Index consists of securities from a broad range of industries that exhibit growth characteristics. The team utilizes a representative sampling indexing strategy to evaluate companies based on market capitalization and industry weightings. In addition, the team also assesses a company’s return variability and yield and liquidity characteristics. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund may or may not hold all of the securities in the Underlying Index. Additionally, the fund may lend securities representing up to one-third of the value of the fund’s net assets. The fund will concentrate its investments in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. Also, the fund may invest in certain futures, options and swap contracts, cash and cash equivalents. |
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iShares S&P Mid-Cap 400 Value ETF | IJJ | 0% | 0% | 0% | |
The fund seeks to replicate the total return performance of the benchmark index before fees and expenses by investing in mid-size companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. As part of its strategy, the fund employs a passive or indexing approach. Next, the research team invests significantly in the component securities of its Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of its Underlying Index. The Underlying Index consists of securities from a broad range of industries that exhibit value characteristics. The team utilizes a representative sampling indexing strategy to evaluate companies based on market capitalization and industry weightings. In addition, the team also assesses a company’s return variability and yield and liquidity characteristics. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund may or may not hold all of the securities in the Underlying Index. Additionally, the fund may lend securities representing up to one-third of the value of the fund’s net assets. The fund will concentrate its investments in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. Also, the fund may invest in certain futures, options and swap contracts, cash and cash equivalents. |
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Janus Small/Mid Cap Growth Alpha ETF | JSMD | 14.5% | 13.6% | 5.9% | |
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in small-and mid-size companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team invests significantly in the securities that comprise the Underlying Index. The Underlying Index is designed to select small- and medium-sized capitalization stocks that are poised for smart growth by evaluating each company’s performance in three critical areas, such as growth, profitability, and capital efficiency. Growth measures include revenue growth rate; profitability measures include operating profit and earnings per-share; and capital efficiency measures include return on invested capital. The team then employs a proprietary quantitative methodology to score such stocks, and the top 10% of such eligible stocks scoring the highest become eligible to be included in the portfolio. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund seeks to replicate the composition of the benchmark index, holding each security in approximately the same proportion as its weighting in the Index. The fund may also invest in investments that are not included in the Underlying Index, such as stocks, shares of other investment companies, cash and cash equivalents, including affiliated or non-affiliated money market funds. To the extent the Underlying Index concentrates in the securities of a particular industry or group of industries, the fund will concentrate its investments to approximately the same extent as the Underlying Index. The fund may lend portfolio securities on a short-term or long-term basis, in an amount equal to up to one-third of its net assets. |
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John Hancock Multifactor Mid Cap ETF | JHMM | 0% | 13.2% | 17.1% | |
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in mid-size companies in the United States. The sub-adviser’s investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team invests significantly in securities that compose the fund’s Index. The team focuses on a wide range of mid-cap stocks in the U.S. Universe. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund may concentrate its investments in a particular industry or group of industries to the extent that the Index concentrates in an industry or group of industries. Also, the fund, utilizes an indexing investment approach, that attempts to approximate the investment performance of the Index by investing in a portfolio of securities that generally replicates the Index. |
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JPMorgan Diversified Return U.S. Mid Cap Equity ETF | JPME | 0% | 0% | 0% | |
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in mid-size companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. As part of its strategy, the fund employs a passive or indexing investment approach. Next, the research team invests significantly in securities included in the Underlying Index. The Underlying Index is designed to provide U.S. mid-cap equity exposure with potential for better risk-adjusted returns than a market cap weighted index. The fund seeks to replicate the composition of the benchmark index, holding each security in approximately the same proportion as its weighting in the Index. Also, the fund employs a representative sampling strategy where it may not be possible or practicable to purchase or hold all of, or only, the constituent securities in their respective weightings in the Underlying Index. The fund may invest up to 20% of its net assets in exchange-traded futures contracts to seek performance that corresponds to the Underlying Index. To the extent that the securities in the Underlying Index are concentrated in one or more industries or groups of industries, the fund may concentrate in such industries or groups of industries. |
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Mid Cap US Equity Select ETF | RNMC | 3.1% | 4.1% | 5.1% | |
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in mid-size companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team invests significantly in the common stocks and real estate investment trusts that comprise the Index. The Index is designed to select dividend-paying securities issued by mid capitalization U.S. companies. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund will be concentrated in an industry or a group of industries to the extent that the Index is so concentrated. |
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Nuveen ESG Mid-Cap Growth ETF | NUMG | 0% | 0% | 0% | |
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in mid-size companies in the United States. The sub-adviser’s investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. As part of its strategy, the fund employs a passive management or indexing approach. Next, the research team invests significantly in component securities of the Index. The Index is comprised of equity securities of companies that exhibit growth characteristics and that meet certain environmental, social, and governance criteria. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund seeks to replicate the composition of the benchmark index, holding each security in approximately the same proportion as its weighting in the Index. To the extent the Index concentrates in the securities of companies in a particular industry or group of industries, the fund will concentrate its investments to approximately the same extent as the Index. |
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Nuveen ESG Mid-Cap Value ETF | NUMV | 0% | 0% | -3.1% | |
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in mid-size companies in the United States. The sub-adviser’s investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. As part of its strategy, the fund employs a passive management or indexing approach. Next, the research team invests significantly in component securities of the Index. The Index is comprised of equity securities of companies that exhibit value characteristics and that meet certain environmental, social, and governance criteria. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund seeks to replicate the composition of the benchmark index, holding each security in approximately the same proportion as its weighting in the Index. To the extent the Index concentrates in the securities of companies in a particular industry or group of industries, the fund will concentrate its investments to approximately the same extent as the Index. |
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Schwab U.S. Mid-Cap ETF | SCHM | 5.3% | 11% | 17.8% | |
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team invests significantly in stocks included in the Index. The Index includes the mid-cap portion of the Dow Jones U.S. Total Stock Market Index. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund seeks to replicate the performance of the benchmark index, holding each security in approximately the same proportion as its weighting in the Index. Also, the fund may invest up to 10% of its net assets in securities not included in the Index. The fund will concentrate its investments in a particular industry, group of industries or sector to approximately the same extent that the index is so concentrated. The fund may also invest in cash and cash equivalents, including money market funds, and may lend its securities. |
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SPDR Portfolio S&P 400 Mid Cap ETF | SPMD | 0% | 0% | 0% | |
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team invests significantly in the securities comprising the Index. The Index is designed to measure the performance of the mid-capitalization segment of the U.S. equity market. Additionally, the research team employs a sampling strategy to invest in a representative sample of securities with generally the same risk and return characteristics of the Index. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. Also, the fund’s net assets will generally be concentrated in an industry or group of industries to the extent that the Index concentrates in a particular industry or group of industries. In addition, the fund may invest in equity securities that are not included in the Index, cash and cash equivalents or money market instruments, such as repurchase agreements and money market funds. |
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SPDR S&P 400 Mid Cap Growth ETF | MDYG | -3.3% | 14.8% | 11.9% | |
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team invests significantly in the securities comprising the Index. The Index measures the performance of the mid-capitalization growth segment of the U.S. equity market. Additionally, the research team employs a sampling strategy to invest in a representative sample of securities with generally the same risk and return characteristics of the Index. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. Also, the fund’s net assets will generally be concentrated in an industry or group of industries to the extent that the Index concentrates in a particular industry or group of industries. In addition, the fund may invest in equity securities that are not included in the Index, cash and cash equivalents or money market instruments, such as repurchase agreements and money market funds. The fund is classified as diversified. |
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SPDR S&P 400 Mid Cap Value ETF | MDYV | 0% | 29.2% | 13.1% | |
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team invests significantly in the securities comprising the Index. The Index measures the performance of the mid-capitalization value segment of the U.S. equity market. Additionally, the research team employs a sampling strategy to invest in a representative sample of securities with generally the same risk and return characteristics of the Index. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. Also, the fund’s net assets will generally be concentrated in an industry or group of industries to the extent that the Index concentrates in a particular industry or group of industries. In addition, the fund may invest in equity securities that are not included in the Index, cash and cash equivalents or money market instruments, such as repurchase agreements and money market funds. The fund is classified as diversified. |
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SPDR S&P MidCap 400 ETF Trust | MDY | 3% | 6.8% | 10.4% | |
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team invests significantly in the securities comprising the Index. The Index measures the performance of midsized companies, reflecting the distinctive risk and return characteristics of this market segment. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund seeks to replicate the composition of the benchmark index, holding each security in approximately the same proportion as its weighting in the Index. |
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Vanguard Extended Market ETF | VXF | 3.2% | 1.7% | 9.4% | |
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in small-and mid-size companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team employs an indexing investment approach to track the performance of the Standard & Poor‘s Completion Index. The S&P Completion Index contains all of the U.S. common stocks regularly traded on the New York Stock Exchange, Cboe and the Nasdaq over-the-counter market, except those stocks included in the S&P 500 Index. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund also utilizes a sampling strategy, meaning that it holds a broadly diversified collection of securities that, in the aggregate, approximates the full Index in terms of key characteristics. These characteristics include industry weightings and market capitalization, as well as certain financial measures, such as price/earnings ratio and dividend yield. |
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Vanguard Mid-Cap ETF | VO | 0% | 10.6% | -0.4% | |
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in mid-size companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team employs an indexing investment approach to track the performance of the CRSP US Mid Cap Index. The Index is designed to measure the investment return of mid-capitalization stocks. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund seeks to replicate the composition of the benchmark index, holding each security in approximately the same proportion as its weighting in the Index. |
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Vanguard Mid-Cap Value ETF | VOE | 7.1% | 10.9% | -1.2% | |
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in mid-size companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team employs an indexing investment approach to track the performance of the CRSP US Mid Cap Value Index. The Index is designed to measure the investment return of mid-capitalization value stocks. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund seeks to replicate the composition of the benchmark index, holding each security in approximately the same proportion as its weighting in the Index. |
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Vanguard S&P Mid-Cap 400 ETF | IVOO | 2.6% | -1.2% | 11.2% | |
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in mid-size companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team employs an indexing investment approach to track the performance of the S&P MidCap 400 Index. The Index measures the performance of mid-size companies in the United States. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund seeks to replicate the composition of the benchmark index, holding each security in approximately the same proportion as its weighting in the Index. |
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Vanguard S&P Mid-Cap 400 Value ETF | IVOV | 1.9% | 15.2% | 30.7% | |
The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in mid-size companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team utilizes an indexing investment approach to track the performance of the S&P MidCap 400 Value Index, which represents the value companies. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund seeks to replicate the composition of the benchmark index, holding each security in approximately the same proportion as its weighting in the Index. |
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WisdomTree U.S. MidCap Fund | EZM | 0% | 1.4% | 11.1% | |
The fund seeks to replicate the price and yield performance of the benchmark index, before fees and expenses, by investing in companies in the United States. The sub-adviser’s investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. As part of its strategy, the fund employs a passive management or indexing investment approach that is designed to track the performance of the Index. The Index is a fundamentally weighted index that is comprised of earnings-generating companies within the mid-capitalization segment of the U.S. stock market. Next, the research team invests significantly in component securities of the Index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. In addition, the research team employs a representative sampling strategy, which means that the fund will hold a portfolio of securities with generally the same risk and return characteristics of the Index. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. To the extent that the Index concentrates in the securities of a particular industry or group of industries, the fund will concentrate its investments to approximately the same extent as the Index. |