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The S&P MidCap 400 Index is a benchmark index that measures the performance of 400 mid-sized companies in the United States12. These companies typically have market capitalizations between $3.6 billion and $13.1 billion2. The index is designed to reflect the distinctive risk and return characteristics of mid-cap stocks, which are generally considered to have more growth potential than large-cap stocks but with less volatility than small-cap stocks2.
Key Features:
• Market-Cap Weighted: The index is weighted by market capitalization, meaning larger companies have a greater influence on the index’s performance2.
• Sector Representation: It includes a diverse range of sectors, with significant representation in industrials, financials, consumer discretionary, information technology, and healthcare2.
• Rebalancing: The index is rebalanced quarterly to ensure it accurately reflects the mid-cap market segment2.
Top Holdings (as of recent data):
1. Bio-Techne (Healthcare)
2. Charles River Laboratories (Healthcare)
3. Fair Isaac & Co (Information Technology)
4. Cognex (Information Technology)
5. Molina Healthcare (Healthcare)2
Investors often use the S&P MidCap 400 Index to gain exposure to mid-sized companies, which can offer a balance between growth potential and stability.
Would you like to explore specific companies within the index or learn about investment options like ETFs that track this index?
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