MDY ETF — State Street SPDR S&P MIDCAP 400 ETF Trust

State Street SPDR S&P MIDCAP 400 ETF Trust (MDY)

Updated October 16, 2026.

MDY is an ETF. its distribution rate is 0.97%, its trailing-12-month yield is 1.06%, its expense ratio is 0.23%. Dividend Vision Distribution Safety Score™ is 96/100 (Safe). Total return is 2577.6% over the past 31.5 years, 154.9 points ahead of SPY at 2422.7%.

State Street SPDR S&P MIDCAP 400 ETF Trust is an ETF that tracks the S&P MidCap 400 Index by holding a portfolio of the common stocks in that index, weighted to match the index composition. The fund distributes quarterly at a modest current yield, and carries a low expense ratio of 0.23%. It appeals to investors seeking broad exposure to mid-sized U.S. companies with a passive, index-tracking approach.

MDY performance versus SPY

Price and return data through 2026-10-16.

Total return is 2577.6% over the past 31.5 years, 154.9 points ahead of SPY at 2422.7%. Over the past year its total return — price change plus distributions reinvested — is 13.5%. Its deepest 1-year drawdown was 8.8%.

MDY key facts

Distribution Safety Score™

96 · Safe

Safety-Adjusted Yield

0.93%

Issuer

State Street

Asset type

ETF

Asset class

Equity

Inception date

05/04/1995

Expense ratio

0.23%

Distribution rate

0.97%

Distribution frequency

Quarterly

Trailing yield

1.06%

Last close

$659.87 (stale; as of 2026-10-16)

AUM

$25,706,160,871

Average volume

821900.0

Dividend

$1.604

Ex-dividend date

09/18/2026

Payment date

10/30/2026

Beta

1.0

How Dividend Vision calculates yield and returns

Distribution rate (0.97%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.06%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: State Street or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

MDY risks and drawbacks

MDY's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 8.8%.

Who may consider MDY — and who may not

MDY may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (MDY pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

More on MDY

• MDY dividend calendar
• MDY dividend history
• All tickers starting with M

Tagged: Index.

Compare MDY

MDY vs similar funds:

• MDY vs IJH

Frequently asked questions

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