In this piece, we will take a look at the five best mid-cap value ETFs. If you want to learn more about mid-cap stocks, then head over to 12 Best Mid-Cap Value ETFs.
5. SPDR Russell 1000 Yield Focus ETF (NYSE:ONEY)
5 Year Return: 8.72%
SPDR Russell 1000 Yield Focus ETF (NYSE:ONEY) is an exchange traded fund that focuses its attention on investing in dividend paying stocks. As the title suggests, it invests only in stocks that are part of the Russel 1000 Yield Focus Factor Index. The fund has $757 million in net assets and a NAV of $94.96 which is slightly lower than the current market price of $96.08. The fund has 298 holdings and its average price to book ratio is 1.80.
4. SPDR Russell 1000 Low Volatility Focus ETF (NYSE:ONEV)
5 Year Return: 8.88%
SPDR Russell 1000 Low Volatility Focus ETF (NYSE:ONEV) is another exchange traded fund that is part of the State Street Global Advisors fund family. It has $546 million in assets under management and an NAV of $107.24 which is in line with the current trading price. The fund’s primary objective is to limit investor exposure to stock volatility, and the fund was set up in 2015. The top three holdings are Cencora, Inc. (NYSE:COR), Cognizant Technology Solutions Corp (NASDAQ:CTSH), and Centene Corporation (NYSE:CNC).
3. Invesco S&P MidCap 400 Revenue ETF (NYSE:RWK)
5 Year Return: 9.56%
Invesco S&P MidCap 400 Revenue ETF (NYSE:RWK) is part of the Invesco funds family and has $522 million in net assets. It tracks the S&P 400 MidCap stock index and the firms that are part of the ETF have an average market capitalization of $7 billion. The Invesco S&P MidCap 400 Revenue ETF (NYSE:RWK) was set up in 2008 and more than half of its investments are in the industrials, consumer discretionary, and information technology companies.
2. Cambria Shareholder Yield ETF (BATS:SYLD)
5 Year Return: 11.95%
The Cambria Shareholder Yield ETF (BATS:SYLD) is an ETF that invests in companies with market capitalizations greater than $200 million. The fund has invested in 100 firms which are selected through different factors such as their dividend payments and share buybacks. While the fund is not restricted to investing only in midcap firms, it is still classified as a midcap ETF. This is because 77 out of the 100 companies are midcap firms, with the top midcap holdings being Aflac Incorporated (NYSE:AFL), Atkore Inc. (NYSE:ATKR), and Assured Guaranty Ltd. (NYSE:AGO).
1. Pacer US Cash Cows 100 ETF (BATS:COWZ)
5 Year Return: 12.94%
Pacer US Cash Cows 100 ETF (BATS:COWZ) is an ETF part of the Pacer fund family. It is one of the largest ETFs on our list, with assets of $14.85 billion. As the name might have led you to guess, the Pacer US Cash Cows 100 ETF (BATS:COWZ) focuses on firms with high free cash flow yield. Cash flow is the money that is available to a firm’s investors after non cash expenses such as depreciation have been added to net income, and it is a widely used metric for firm valuation. The ETF tracks firms that are part of the Russell 1000 index.
Disclosure: None. You can also take a look at Billionaire Ken Fisher and Corporate Insiders Are Betting On These Stocks and Goldman Sachs China Stocks: Top 10 Stock Picks.
