Which returned more over the last year, MDY or SDY?

In the year to Sep 12, 2026, with distributions reinvested, MDY returned +13.0% and SDY returned +11.0%, so MDY returned more. One year is one year; the longer windows are in the table.

Which is cheaper, MDY or SDY?

MDY charges 0.23% a year and SDY charges 0.35%, so MDY is cheaper. Fees come from each fund's prospectus.

How much do MDY and SDY overlap with the S&P 500?

By their latest filed holdings, 0% of MDY and 85% of SDY by weight is stocks the S&P 500 already holds. Between the two funds, 8% of their books are the same securities at the same weight.

Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

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MDY vs SDY: how they differ

MDY and SDY hold 8% of their weight in the same names, and MDY returned more over the year.

SPDR S&P MidCap 400 ETF Trust and State Street(R) SPDR(R) S&P(R) Dividend ETF.

What they hold in common

By the books each fund has filed, MDY and SDY hold 8% of their money in the same securities at the same weight.

Positions MDY and SDY both hold, largest shared weight first
Holding	MDY	SDY
RB GLOBAL INC	0.60%	0.60%
CARLISLE COMPANIES INC	0.40%	0.56%
LINCOLN ELECTRIC HOLDINGS INC	0.40%	0.54%
RPM INTERNATIONAL INC	0.39%	0.64%
GRACO INC	0.35%	0.50%
EQUITY LIFESTYLE PROPERTIES INC	0.34%	0.58%
ESSENTIAL UTILITIES INC	0.30%	0.54%
DONALDSON COMPANY INC	0.29%	0.48%
RYDER SYSTEM INC	0.28%	0.44%
UMB FINANCIAL CORP	0.28%	0.45%
CULLEN/FROST BANKERS INC	0.27%	0.45%
AMERICAN FINANCIAL GROUP INC	0.27%	0.46%

Largest positions each one holds and the other does not
Only in MDY	Only in SDY
TWILIO INC 0.86%	Verizon Communications Inc 2.15%
CARPENTER TECHNOLOGY CORP 0.85%	Realty Income Corp 2.14%
MKS INC 0.83%	Kenvue Inc 1.76%
CURTISS-WRIGHT CORP 0.77%	Kimberly-Clark Corp 1.75%
ENTEGRIS INC 0.76%	AbbVie Inc 1.63%
NVENT ELECTRIC PLC 0.76%	QUALCOMM Inc 1.57%
ATI INC 0.74%	Texas Instruments Inc 1.56%
ILLUMINA INC 0.73%	Target Corp 1.55%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026.

MDY and SDY on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
	MDY SPDR S&P MidCap 400 ETF Trust	SDY State Street(R) SPDR(R) S&P(R) Dividend ETF
Where it sits	Core index fund	Core index fund
Issuer	State Street	State Street
What it is	S&P MidCap 400, book from IJH	SPDR S&P Dividend
Total return, 1 year	+13.0%	+11.0%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	−4.5 pts	−6.5 pts
Expense ratio	0.23%	0.35%
Already in the S&P 500	0.0%	84.6%
Holdings	400	155

MDY in plain words

MDY is an index equity fund tracking the S&P MidCap 400. Over the year to Sep 11, 2026 it returned +13.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.23% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 400 positions, with the top ten at 7.7%. It sat 5.3% below its high of Aug 14, 2026 on Sep 11, 2026.

SDY in plain words

SDY is an index equity fund tracking the SPDR S&P Dividend. Over the year to Sep 11, 2026 it returned +11.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.35% a year. By its holdings filed for Jun 30, 2026, 85% of the fund by weight is stocks the S&P 500 also holds, across 155 positions, with the top ten at 17.1%. It sat 3.9% below its high of Aug 24, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, MDY or SDY?: In the year to Sep 12, 2026, with distributions reinvested, MDY returned +13.0% and SDY returned +11.0%, so MDY returned more. One year is one year; the longer windows are in the table.
Which is cheaper, MDY or SDY?: MDY charges 0.23% a year and SDY charges 0.35%, so MDY is cheaper. Fees come from each fund's prospectus.
How much do MDY and SDY overlap with the S&P 500?: By their latest filed holdings, 0% of MDY and 85% of SDY by weight is stocks the S&P 500 already holds. Between the two funds, 8% of their books are the same securities at the same weight.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

MDY against SDY, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, MDY against SDY, data as of Sep 12, 2026. https://etfiq.com/compare/any/MDY-SDY Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources