Core Viewpoint - The Invesco S&P MidCap Quality ETF (XMHQ) is a passively managed ETF aimed at providing broad exposure to the Mid Cap Blend segment of the US equity market, with assets exceeding $4.90 billion, making it one of the larger ETFs in this category [1]. Group 1: Mid Cap Blend Characteristics - Mid cap companies, with market capitalizations between $2 billion and $10 billion, generally exhibit higher growth prospects and lower volatility compared to large and small cap companies, offering a balance of stability and growth potential [2]. Group 2: Costs and Performance - The ETF has an annual operating expense ratio of 0.25%, which is competitive within its peer group, and a 12-month trailing dividend yield of 0.65% [3]. - XMHQ aims to match the performance of the S&P MIDCAP 400 QUALITY INDEX, with a year-to-date return of approximately 2.97% and a decline of about 1.23% over the past year as of August 1, 2025 [6]. Group 3: Sector Exposure and Holdings - The ETF has a significant allocation to the Industrials sector, comprising about 35.4% of the portfolio, followed by Financials and Healthcare [4]. - Carlisle Cos Inc (CSL) is the largest holding at approximately 4.72% of total assets, with the top 10 holdings accounting for about 28.61% of total assets under management [5]. Group 4: Risk and Alternatives - XMHQ has a beta of 1.02 and a standard deviation of 20.39% over the trailing three-year period, indicating effective diversification of company-specific risk with around 82 holdings [7]. - Alternatives to XMHQ include the Vanguard Mid-Cap ETF (VO) and the iShares Core S&P Mid-Cap ETF (IJH), which have larger asset bases and lower expense ratios of 0.04% and 0.05%, respectively [9]. Group 5: Bottom Line - Passively managed ETFs like XMHQ are favored by both institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency, making them suitable for long-term investment strategies [10].

Core Viewpoint - The BNY Mellon US Mid Cap Core Equity ETF (BKMC) is a passively managed ETF launched on April 9, 2020, with assets exceeding $565.02 million, targeting the Mid Cap Blend segment of the US equity market [1][2]. Group 1: Mid Cap Blend Characteristics - Mid cap companies, with market capitalizations between $2 billion and $10 billion, are noted for higher growth prospects and lower volatility compared to large and small cap companies [2]. - Blend ETFs typically hold a mix of growth and value stocks, providing a balanced investment approach [2]. Group 2: Cost Structure - The annual operating expenses for BKMC are 0.04%, making it one of the least expensive ETFs in its category [3]. - The ETF has a 12-month trailing dividend yield of 1.46% [3]. Group 3: Sector Exposure and Holdings - The ETF has a significant allocation to the Industrials sector, comprising approximately 22.6% of the portfolio, followed by Financials and Consumer Discretionary [4]. - Sofi Technologies Inc (SOFI) represents about 0.61% of total assets, with the top 10 holdings accounting for around 5.44% of total assets under management [5]. Group 4: Performance Metrics - BKMC aims to match the performance of the SOLACTIVE GBS UNITED STATES 400 INDEX, which tracks the largest 400 mid cap companies in the US [6]. - The ETF has gained approximately 4.51% year-to-date and 9.29% over the past year, with a trading range between $83.55 and $110.43 in the last 52 weeks [6]. Group 5: Risk Assessment - The ETF has a beta of 1.04 and a standard deviation of 18.87% over the trailing three-year period, indicating effective diversification of company-specific risk with about 403 holdings [7]. Group 6: Alternatives - BKMC carries a Zacks ETF Rank of 3 (Hold), suggesting it is a reasonable option for investors seeking exposure to the Mid Cap Blend market segment [8]. - Other comparable ETFs include the Vanguard Mid-Cap ETF (VO) and the iShares Core S&P Mid-Cap ETF (IJH), with assets of $85.74 billion and $98.36 billion respectively, and expense ratios of 0.04% and 0.05% [9]. Group 7: Investment Appeal - Passively managed ETFs like BKMC are favored by both institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency [10].

Core Viewpoint - The SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) is a passively managed ETF that provides broad exposure to the Mid Cap Blend segment of the US equity market, with assets exceeding $13.78 billion, making it one of the larger ETFs in this category [1] Group 1: Mid Cap Blend Characteristics - Mid cap companies, with market capitalizations between $2 billion and $10 billion, typically offer higher growth prospects compared to large cap companies while being less risky than small cap companies, providing a balance of stability and growth potential [2] - Blend ETFs hold a mix of growth and value stocks, exhibiting characteristics of both types of equities [2] Group 2: Cost Structure - The annual operating expenses for SPMD are 0.03%, making it one of the least expensive options in the ETF space [3] - The ETF has a 12-month trailing dividend yield of 1.41% [3] Group 3: Sector Exposure and Holdings - The ETF has a significant allocation to the Industrials sector, comprising about 23.10% of the portfolio, followed by Financials and Consumer Discretionary [4] - Interactive Brokers Gro Cl A (IBKR) represents approximately 0.87% of total assets, with the top 10 holdings accounting for about 6.81% of total assets under management [5] Group 4: Performance Metrics - SPMD aims to match the performance of the S&P 1000 Index, having gained about 3.93% year-to-date and 6.76% over the past year as of July 24, 2025 [6] - The ETF has traded between $44.89 and $59.56 in the past 52 weeks [6] - It has a beta of 1.05 and a standard deviation of 19.52% over the trailing three-year period, indicating effective diversification of company-specific risk with approximately 404 holdings [7] Group 5: Alternatives and Market Position - SPMD holds a Zacks ETF Rank of 2 (Buy), indicating favorable expected asset class return, expense ratio, and momentum [8] - Other comparable ETFs include the Vanguard Mid-Cap ETF (VO) and the iShares Core S&P Mid-Cap ETF (IJH), with assets of $85.79 billion and $98.68 billion respectively, and expense ratios of 0.04% and 0.05% [9] Group 6: Investment Appeal - Passively managed ETFs like SPMD are increasingly favored by retail and institutional investors due to their low costs, transparency, flexibility, and tax efficiency, making them suitable for long-term investment strategies [10]

Core Viewpoint - The Franklin U.S. Mid Cap Multifactor Index ETF (FLQM) is a passively managed ETF that provides broad exposure to the Mid Cap Blend segment of the US equity market, with assets exceeding $1.63 billion [1] Group 1: Fund Overview - FLQM was launched on April 26, 2017, and is sponsored by Franklin Templeton Investments [1] - The ETF targets mid-cap companies with market capitalizations between $2 billion and $10 billion, which are seen as having higher growth prospects compared to large-cap companies while being less risky than small-cap firms [2] Group 2: Costs and Performance - The ETF has an expense ratio of 0.30%, which is competitive within its peer group, and a 12-month trailing dividend yield of 1.42% [3] - FLQM aims to match the performance of the LibertyQ U.S. Mid Cap Equity Index, which includes mid-cap companies with favorable exposure to quality, value, momentum, and low volatility factors [6] - As of July 16, 2025, FLQM has experienced a year-to-date loss of approximately -0.08% but has gained about 4.04% over the past year [6] Group 3: Sector Exposure and Holdings - The ETF has a significant allocation to the Industrials sector, comprising about 22.90% of the portfolio, followed by Consumer Discretionary and Financials [4] - Idexx Laboratories Inc (IDXX) represents about 1.34% of total assets, with the top 10 holdings accounting for approximately 11.82% of total assets under management [5] Group 4: Risk and Alternatives - FLQM has a beta of 0.97 and a standard deviation of 16.55% over the trailing three-year period, indicating effective diversification of company-specific risk with around 205 holdings [7] - The ETF carries a Zacks ETF Rank of 3 (Hold), suggesting it is a viable option for investors seeking exposure to the Mid Cap Blend market segment [8] - Alternatives include the Vanguard Mid-Cap ETF (VO) and the iShares Core S&P Mid-Cap ETF (IJH), which have significantly larger asset bases and lower expense ratios [9]

Core Insights - The iShares Core S&P Mid-Cap ETF (IJH) is a leading option for investors seeking exposure to the Mid Cap Blend segment of the US equity market, with assets exceeding $97.42 billion, making it the largest ETF in this category [1] Group 1: Mid Cap Blend Overview - Mid cap companies, with market capitalizations between $2 billion and $10 billion, generally offer higher growth prospects and lower volatility compared to large and small cap companies [2] - Blend ETFs typically hold a mix of growth and value stocks, providing a balanced investment approach [2] Group 2: Cost Structure - The annual operating expense ratio for IJH is 0.05%, positioning it as one of the more cost-effective options in the ETF market [3] - The ETF has a 12-month trailing dividend yield of 1.35% [3] Group 3: Sector Exposure and Holdings - The ETF's largest sector allocation is to Industrials, comprising about 23% of the portfolio, followed by Financials and Consumer Discretionary [4] - Emcor Group Inc (EME) represents approximately 0.78% of total assets, with the top 10 holdings accounting for about 3% of total assets under management [5] Group 4: Performance Metrics - IJH aims to replicate the performance of the S&P MidCap 400 Index, with a year-to-date return of roughly 2.70% and a one-year return of approximately 6.75% as of July 15, 2025 [6] - The ETF has traded between $51.16 and $67.87 over the past 52 weeks [6] Group 5: Risk Assessment - IJH has a beta of 1.05 and a standard deviation of 19.63% over the trailing three-year period, categorizing it as a medium risk investment [7] - The ETF holds about 410 different securities, effectively diversifying company-specific risk [7] Group 6: Alternatives - The iShares Russell Mid-Cap ETF (IWR) and Vanguard Mid-Cap ETF (VO) are alternative options, with IWR having $42.86 billion in assets and an expense ratio of 0.19%, while VO has $84.50 billion and charges 0.04% [9] Group 7: Market Trends - Passively managed ETFs are gaining popularity among both institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency, making them suitable for long-term investment strategies [10]

Core Insights - The Invesco S&P MidCap 400 GARP ETF (GRPM) is a passively managed ETF launched on December 3, 2010, with assets exceeding $471.95 million, targeting the Mid Cap Blend segment of the US equity market [1] - Mid cap companies, with market capitalizations between $2 billion and $10 billion, provide a balance of lower risk and higher growth opportunities compared to small and large companies [2] - The ETF has an annual operating expense ratio of 0.35% and a 12-month trailing dividend yield of 0.87%, which is competitive within its peer group [3] Sector Exposure and Holdings - The ETF has a significant allocation of approximately 26.30% to the Consumer Discretionary sector, followed by Energy and Industrials [4] - Celsius Holdings Inc (CELH) represents about 4.67% of total assets, with the top 10 holdings accounting for around 27.7% of total assets under management [5] Performance Metrics - GRPM aims to match the performance of the S&P MIDCAP 400 GARP INDEX, which tracks companies with consistent growth and strong financials [6] - The ETF has increased by approximately 1.46% year-to-date and is up about 0.48% over the past year, with a trading range of $90.38 to $126.41 in the last 52 weeks [6] - The ETF has a beta of 1.09 and a standard deviation of 21.77% over the trailing three-year period, indicating effective diversification of company-specific risk [7] Alternatives and Market Position - GRPM holds a Zacks ETF Rank of 3 (Hold), suggesting it is a reasonable option for investors seeking exposure to the Mid Cap Blend market segment [8] - Other comparable ETFs include the Vanguard Mid-Cap ETF (VO) with $84.90 billion in assets and an expense ratio of 0.04%, and the iShares Core S&P Mid-Cap ETF (IJH) with $98.18 billion in assets and an expense ratio of 0.05% [9] Investment Trends - There is a growing trend among retail and institutional investors towards passively managed ETFs due to their low costs, transparency, flexibility, and tax efficiency, making them suitable for long-term investment strategies [10]