Data as of Oct 28, 2026.
FPX vs MDY: Differences, Returns & Fees
Over the year to Oct 28, 2026, FPX returned +2.9% to MDY's +12.8%; 6% of their weight is in the same names.
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Net assets on Oct 27, 2026: $1.4bn for First Trust US Equity Opportunities ETF and $25.9bn for SPDR S&P MidCap 400 ETF Trust.
Pair scorecard
MDY costs 0.34 points a year less; their one-year returns differ by 9.9 points; MDY is 18.5 times larger.
| Measure | FPX | MDY |
|---|---|---|
| Return | ||
| Total return, 1 year | +2.9% | +12.8% |
| Drawdown | ||
| Below its high | 15.9%, high on Jun 30, 2026 | 6.5%, high on Aug 14, 2026 |
| Benchmark | ||
| What it tracks | IPOX -100 U.S. Index | S&P MidCap 400 Index |
| Cost and size | ||
| Expense ratio | 0.57% | 0.23% |
| Net assets, as of Oct 27, 2026 | $1.4bn | $25.9bn |
| Holdings | ||
| Holdings in common | 6% | |
| Top ten holdings, share of the fund | 46.4% | 7.5% |
Holdings in common uses holdings dated Oct 27, 2026. Method
What they share
By the books each fund has filed, FPX and MDY hold 6% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.
half
6% in common
Only in one fund ↓
Side by side
FPX and MDY on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
FPX and MDY do different jobs. What does each one do in a portfolio?
- What each follows. FPX follows IPOX -100 U.S. Index and MDY follows S&P MidCap 400 Index.
- Holdings in common. 6% of the weight is in the same securities (holdings dated Oct 27, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 FPX returned +2.9% and MDY +12.8% with distributions reinvested, a gap of 9.9 points.
Data as of Oct 28, 2026.
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FPX
FPX tracks an index. Over the year to Oct 28, 2026 it returned +2.9% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.57% a year. By its holdings published by its issuer for Oct 27, 2026, 51% of the fund by weight is stocks the S&P 500 also holds, across 99 positions, with the top ten at 46.4%. It sat 15.9% below its high of Jun 30, 2026 on Oct 28, 2026.
MDY
MDY tracks the S&P MidCap 400. Over the year to Oct 28, 2026 it returned +12.8% with distributions reinvested, against +13.2% for its benchmark, the S&P MidCap 400 Index. The prospectus expense ratio is 0.23% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 401 positions, with the top ten at 7.5%. It sat 6.5% below its high of Aug 14, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, FPX or MDY?
- In the year to Oct 28, 2026, with distributions reinvested, FPX returned +2.9% and MDY +12.8%.
- Which is cheaper, FPX or MDY?
- MDY is cheaper, by 0.34 percentage points a year. That is about $34 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, FPX against MDY, data as of Oct 28, 2026. https://etfiq.com/compare/any/fpx-vs-mdy
ETFIQ. (Oct 28, 2026). FPX against MDY. Retrieved from https://etfiq.com/compare/any/fpx-vs-mdy
[FPX against MDY (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/fpx-vs-mdy)
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