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

In the year to Sep 13, 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, 9% of their books are the same securities at the same weight.

Data as of Sep 13, 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 9% 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 9% of their money in the same securities at the same weight.

Positions MDY and SDY both hold, largest shared weight first
Holding	MDY	SDY
Royal Gold Inc.	0.59%	0.53%
Lincoln Electric Holdings Inc.	0.39%	0.53%
Carlisle Companies Incorporated	0.38%	0.54%
RPM International Inc.	0.36%	0.57%
Graco Inc.	0.36%	0.56%
RB Global Inc.	0.43%	0.34%
Essential Utilities Inc.	0.34%	0.50%
Equity LifeStyle Properties Inc.	0.33%	0.50%
Cullen/Frost Bankers Inc.	0.29%	0.42%
Donaldson Company Inc.	0.29%	0.44%
UMB Financial Corporation	0.28%	0.44%
American Financial Group Inc.	0.28%	0.42%

Largest positions each one holds and the other does not
Only in MDY	Only in SDY
Twilio Inc. Class A 1.00%	VERIZON COMMUNICATIONS INC 3.33%
Illumina Inc. 0.86%	ACCENTURE PLC CL A 2.94%
TechnipFMC plc 0.86%	REALTY INCOME CORP 2.12%
Everpure Inc. Class A 0.84%	CHEVRON CORP 2.09%
Okta Inc. Class A 0.81%	PEPSICO INC 1.95%
U.S. Dollar 0.80%	MEDTRONIC PLC 1.82%
ATI Inc 0.77%	TARGET CORP 1.74%
nVent Electric plc 0.71%	NIKE INC CL B 1.53%

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 Sep 10, 2026.

MDY and SDY on the fields both publish, as of Sep 13, 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	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	401	157

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 Sep 10, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 401 positions, with the top ten at 7.9%. 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 Sep 10, 2026, 85% of the fund by weight is stocks the S&P 500 also holds, across 157 positions, with the top ten at 20.5%. 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 13, 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, 9% of their books are the same securities at the same weight.

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Where these figures came from

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MDY against SDY, ETFIQ, data as of Sep 13, 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 13, 2026. https://etfiq.com/compare/any/mdy-vs-sdy Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources