Invesco S&P MidCap 400 Equal Weight ETF
|
- Description
- Performance
- Comps
Fundamentals
Valuation
Rating
Invesco S&P Mid Cap 400 Equal Weight ETF is an exchange-traded fund incorporated in the USA. The Fund's investment objective is to correspond as closely as possible, before fees and expenses, to the price and yield performance of the S&P Mid Cap 400 Equal Weight Index. |
Category | US Equities |
Fund Sponsor | Security Investors LLC |
Website | guggenheiminvestments.com |
Inception date | Dec 03, 2010 |
Assets (mns) | $92 |
Currency | USD |
Expense ratio | 40 bp |
Distributions | Quarterly |
Regulation | Open-Ended Fund |
Custodian | State Street Bank & Trust |
Weighting | Equal |
Index replication | Full |
Uses derivatives | No |
Options available | No |
No. of constituents | 400 |
Wgt avg mkt cap (mns) | $5,399 |
Large cap (>$10bn) | 7.5% |
Mid cap ($2-10bn) | 87.7% |
Small cap (<$2bn) | 4.8% |
Developed mkts | 100.0% |
Emerging mkts | 0.0% |
LIGAND PHARMACEUTICALS-CL B | 0.3 % |
MICHAEL KORS HOLDINGS LTD | 0.3 % |
COHERENT INC | 0.3 % |
SUNRUN INC. | 0.3 % |
PENN NATIONAL GAMING INC | 0.3 % |
BROOKS AUTOMATION INC | 0.3 % |
AXON ENTERPRISE INC | 0.3 % |
SYNAPTICS INC | 0.3 % |
QUALYS INC | 0.3 % |
II-VI INC | 0.3 % | Total | 3.3 % |
---|
![]() |
UNITED STATES | 97.4 % |
![]() |
BRITAIN | 1.1 % |
![]() |
BERMUDA | 0.7 % |
![]() |
IRELAND | 0.5 % |
HISTORICAL PERFORMANCE 

Custom date range | Compare to | ||
thru |
Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
15.5% | 15.5% | 11.5% | -- | 10.9% |
versus... | Beta | R-squared |
S&P500 | 1.33 | 88% |
MSCI EAFE | 1.28 | 81% |
MSCI Emg. Mkts. | 1.06 | 72% |
Recent close | $81.76 |
30d moving avg. | $78.27 |
Annualized volatility | 26.5% |
Short interest (ETF) | 0.1% |
Short interest (Underlying) | 6.6% |
Relative strength (RSI) | 66 |
Avg. volume (thou.) | 3 |
Turnover | 0.3% |
Bid/Ask (% of price) | 0.35% |
ADV underlying (mns) | $23,006 |
FINDING ALTERNATIVE FUNDS
Below is a list of 99 potential alternatives to the Invesco S&P MidCap 400 Equal Weight ETF ETF based on the alternatives' overlap in portfolio holdings with EWMC. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.
Benchmark ticker: | EWMC | Expense: | 40 bp | ALTAR Score™: | 5.6% |
Ticker | Fund Name |
Overlap1 vs EWMC (%) |
Expense ratio (bp) |
Savings vs EWMC (bp) |
ALTAR Score™ (%) |
ALTAR vs EWMC (%) |
MDY | SPDR S&P Midcap 400 ETF Trust | 78.8 | 23 | 17 | 5.1 | -0.5 |
SPMD | SPDR Portfolio Mid Cap ETF | 78.7 | 5 | 35 | 5.3 | -0.3 |
IJH | iShares Core S&P Mid-Cap ETF | 78.7 | 5 | 35 | 5.3 | -0.3 |
IVOO | Vanguard S&P Mid-Cap 400 ETF | 75.6 | 10 | 30 | 5.3 | -0.4 |
XJH | iShares ESG Screened S&P Mid-Cap ETF | 72.6 | 12 | 28 | 5.4 | -0.2 |
SMDY | Syntax Stratified MidCap ETF | 72.2 | 30 | 10 | 5.1 | -0.5 |
IJJ | iShares S&P Mid-Cap 400 Value ETF | 67.6 | 18 | 22 | 6.9 | +1.2 |
MDYV | SPDR S&P 400 Mid Cap Value ETF | 67.5 | 15 | 25 | 6.9 | +1.3 |
IVOV | Vanguard S&P Mid-Cap 400 Value ETF | 62.6 | 15 | 25 | 6.7 | +1.1 |
RWK | Invesco S&P MidCap 400 Revenue ETF | 60.9 | 39 | 1 | 6.3 | +0.7 |
MDYG | SPDR S&P 400 Mid Cap Growth ETF | 49.5 | 15 | 25 | 3.7 | -1.9 |
IJK | iShares S&P Mid-Cap 400 Growth ETF | 49.5 | 17 | 23 | 3.7 | -1.9 |
BBMC | JPMorgan BetaBuilders U.S. Mid Cap Equity ETF | 48.1 | 7 | 33 | 3.9 | -1.7 |
IVOG | Vanguard S&P Mid-Cap 400 Growth ETF | 46.9 | 15 | 25 | 4.2 | -1.5 |
EZM | WisdomTree U.S. MidCap Earnings Fund | 45.0 | 38 | 2 | 7.6 | +1.9 |
BKSE | BNY Mellon US Small Cap Core Equity ETF | 44.2 | 4 | 36 | 4.7 | -0.9 |
VBR | Vanguard Small Cap Value Index Fund | 41.6 | 7 | 33 | 6.4 | +0.8 |
FNX | First Trust Mid Cap Core AlphaDEX Fund | 40.6 | 61 | -21 | 5.1 | -0.6 |
SFYX | Sofi Next 500 ETF | 40.1 | 0 | 40 | 4.8 | -0.8 |
JHSC | John Hancock Multifactor Small Cap ETF | 40.0 | 42 | -2 | 4.5 | -1.1 |
PBSM | Invesco PureBeta MSCI USA Small Cap ETF | 39.4 | 6 | 34 | 4.0 | -1.6 |
ESML | iShares MSCI USA Small-Cap ESG Optimized ETF | 39.3 | 17 | 23 | 4.0 | -1.6 |
FSMD | Fidelity Small-Mid Factor ETF | 38.2 | 29 | 11 | 5.2 | -0.4 |
VB | Vanguard Small-Cap ETF | 37.9 | 5 | 35 | 4.4 | -1.2 |
RNMC | Mid Cap US Equity Select ETF | 37.9 | 60 | -20 | 6.1 | +0.5 |
SCHM | Schwab U.S. Mid-Cap ETF | 36.5 | 4 | 36 | 5.0 | -0.6 |
AFMC | First Trust Active Factor Mid Cap ETF | 36.2 | 65 | -25 | 5.2 | -0.4 |
DON | WisdomTree U.S. MidCap Dividend Fund | 35.5 | 38 | 2 | 6.7 | +1.0 |
PAMC | Pacer Lunt MidCap Multi-Factor Alternator ETF | 35.1 | 60 | -20 | 3.6 | -2.0 |
SCHA | Schwab U.S. Small-Cap ETF | 33.9 | 4 | 36 | 3.6 | -2.1 |
JKL | iShares Morningstar Small Cap Value ETF | 32.2 | 30 | 10 | 7.6 | +2.0 |
FNDA | Schwab Fundamental U.S. Small Co. Index ETF | 31.3 | 25 | 15 | 4.8 | -0.9 |
PSM | Principal U.S. Small-MidCap Multi-Factor Core Index ETF | 30.7 | 20 | 20 | 7.1 | +1.5 |
IUSS | Invesco Strategic US Small Company ETF | 28.4 | 23 | 17 | 3.6 | -2.0 |
VXF | Vanguard Extended Market Index Fund | 27.8 | 6 | 34 | 2.5 | -3.1 |
FNK | First Trust Mid Cap Value AlphaDEX Fund | 27.7 | 70 | -30 | 7.7 | +2.1 |
NUSC | Nuveen ESG Small-Cap ETF | 27.6 | 40 | 0 | 3.9 | -1.7 |
VBK | Vanguard Small-Cap Growth Index Fund | 27.2 | 7 | 33 | 1.9 | -3.7 |
USEQ | Invesco Russell 1000 Enhanced Equal Weight ETF | 27.2 | 29 | 11 | 6.0 | +0.4 |
RFV | Invesco S&P Midcap 400 Pure Value ETF | 26.8 | 35 | 5 | 8.8 | +3.2 |
JKJ | iShares Morningstar Small-Cap ETF | 26.2 | 25 | 15 | 5.1 | -0.6 |
VTWO | Vanguard Russell 2000 Index Fund | 25.7 | 10 | 30 | 2.6 | -3.0 |
SMMD | iShares Russell 2500 ETF | 25.0 | 15 | 25 | 4.7 | -0.9 |
JHMM | John Hancock Multifactor Mid Cap ETF | 23.9 | 42 | -2 | 4.7 | -1.0 |
EQAL | Invesco Russell 1000 Equal Weight ETF | 23.5 | 20 | 20 | 5.0 | -0.6 |
JPME | JPMorgan Diversified Return U.S. Mid Cap Equity ETF | 21.9 | 24 | 16 | 5.5 | -0.2 |
HSMV | First Trust Horizon Managed Volatility Small/Mid ETF | 21.7 | 80 | -40 | 4.7 | -1.0 |
FNY | First Trust Mid Cap Growth AlphaDEX Fund | 21.7 | 70 | -30 | 1.6 | -4.0 |
IWM | iShares Russell 2000 ETF | 21.6 | 19 | 21 | 2.5 | -3.1 |
FAB | First Trust Multi Cap Value AlphaDEX Fund | 21.6 | 71 | -31 | 7.5 | +1.9 |
RFG | Invesco S&P Midcap 400 Pure Growth ETF | 21.4 | 35 | 5 | 3.3 | -2.3 |
VFVA | Vanguard U.S. Value Factor ETF | 21.0 | 14 | 26 | 8.5 | +2.9 |
PSC | Principal U.S. Small Cap Index ETF | 20.9 | 38 | 2 | 4.6 | -1.1 |
AVUV | Avantis U.S. Small Cap Value ETF | 20.9 | 25 | 15 | 6.3 | +0.7 |
JPSE | JPMorgan Diversified Return U.S. Small Cap Equity ETF | 20.4 | 29 | 11 | 4.2 | -1.4 |
ONEV | SPDR Russell 1000 Low Volatility Focus ETF | 20.4 | 20 | 20 | 6.2 | +0.5 |
USLB | Invesco Russell 1000 Low Beta Equal Weight ETF | 20.3 | 35 | 5 | 5.1 | -0.6 |
ONEO | SPDR Russell 1000 Momentum Focus ETF | 20.2 | 20 | 20 | 5.6 | -0.0 |
XMVM | Invesco S&P MidCap Value with Momentum ETF | 20.1 | 39 | 1 | 8.0 | +2.4 |
USVM | VictoryShares USAA MSCI USA Small Cap Value Momentum ETF | 20.0 | 24 | 16 | 4.9 | -0.7 |
XMMO | Invesco S&P MidCap Momentum ETF | 19.8 | 34 | 6 | 3.4 | -2.3 |
IWN | iShares Russell 2000 Value ETF | 19.8 | 24 | 16 | 5.0 | -0.6 |
XMHQ | Invesco S&P MidCap Quality ETF | 19.7 | 25 | 15 | 5.3 | -0.3 |
XMLV | Invesco S&P MidCap Low Volatility ETF | 19.4 | 25 | 15 | 5.0 | -0.6 |
SIXL | 6 Meridian Low Beta Equity Strategy ETF | 19.4 | 84 | -44 | 4.0 | -1.6 |
OMFL | Invesco Russell 1000 Dynamic Multifactor ETF | 19.1 | 29 | 11 | 7.3 | +1.7 |
VTWV | Vanguard Russell 2000 Value Index Fund | 18.9 | 15 | 25 | 5.1 | -0.5 |
BFOR | Barron's 400 ETF | 18.6 | 65 | -25 | 5.6 | -0.1 |
VFLQ | Vanguard U.S. Liquidity Factor ETF | 18.4 | 14 | 26 | 3.5 | -2.2 |
SMMV | iShares Edge MSCI Min Vol USA Small-Cap ETF | 18.3 | 20 | 20 | 3.6 | -2.0 |
GSSC | Goldman Sachs Activebeta U.S. Small Cap Equity ETF | 18.1 | 20 | 20 | 3.8 | -1.8 |
ONEY | SPDR Russell 1000 Yield Focus ETF | 18.1 | 20 | 20 | 7.2 | +1.6 |
SMLF | iShares Edge MSCI Multifactor USA Small-Cap ETF | 17.7 | 30 | 10 | 6.0 | +0.4 |
IWS | iShares Russell Mid-Cap Value ETF | 17.5 | 24 | 16 | 5.9 | +0.3 |
VFQY | Vanguard U.S. Quality Factor ETF | 17.4 | 13 | 27 | 5.3 | -0.3 |
VFMF | Vanguard U.S. Multifactor ETF | 17.3 | 19 | 21 | 6.1 | +0.5 |
PRFZ | Invesco FTSE RAFI US 1500 Small-Mid ETF | 17.2 | 39 | 1 | 3.4 | -2.2 |
DEUS | Xtrackers Russell 1000 Comprehensive Factor ETF | 17.1 | 17 | 23 | 5.6 | +0.0 |
ISMD | Inspire Small/Mid Cap Impact ETF | 16.9 | 60 | -20 | 4.3 | -1.3 |
VUSE | Vident Core US Equity Fund | 16.9 | 48 | -8 | 7.4 | +1.8 |
AFSM | First Trust Active Factor Small Cap ETF | 16.8 | 77 | -37 | 4.3 | -1.3 |
RNSC | Small Cap US Equity Select ETF | 16.8 | 60 | -20 | 6.0 | +0.3 |
VTWG | Vanguard Russell 2000 Growth Index Fund | 16.5 | 15 | 25 | 0.1 | -5.6 |
IWO | iShares Russell 2000 Growth ETF | 16.5 | 24 | 16 | -0.1 | -5.7 |
TUSA | First Trust Total US Market AlphaDEX ETF | 16.2 | 70 | -30 | 4.8 | -0.9 |
STMB | iShares Factors US Mid Blend Style ETF | 16.1 | 30 | 10 | 4.9 | -0.7 |
IWR | iShares Russell Midcap ETF | 15.7 | 19 | 21 | 4.7 | -0.9 |
FLQM | Franklin LibertyQ U.S. Mid Cap Equity ETF | 15.6 | 30 | 10 | 5.4 | -0.3 |
FYX | First Trust Small Cap Core AlphaDEX Fund | 15.5 | 63 | -23 | 5.4 | -0.2 |
FAD | First Trust Multi Cap Growth AlphaDEX Fund | 15.3 | 66 | -26 | 1.8 | -3.8 |
STSB | iShares Factors US Small Blend Style ETF | 15.0 | 35 | 5 | 2.9 | -2.7 |
JVAL | JPMorgan U.S. Value Factor ETF | 14.8 | 12 | 28 | 7.1 | +1.5 |
FYT | First Trust Small Cap Value AlphaDEX Fund | 14.5 | 72 | -32 | 7.9 | +2.3 |
JKK | iShares Morningstar Small-Cap Growth ETF | 14.2 | 30 | 10 | 0.6 | -5.1 |
TILT | Flexshares Morningstar US Market Factors Tilt Index Fund | 13.8 | 25 | 15 | 4.9 | -0.7 |
TPLC | Timothy Plan US Large Cap Core ETF | 13.6 | 52 | -12 | 4.4 | -1.2 |
CSF | VictoryShares US Discovery Enhanced Volatility Weighted Idx | 13.5 | 35 | 5 | 6.0 | +0.3 |
CSA | VictoryShares US Small Cap Volatility Weighted Index ETF | 13.5 | 35 | 5 | 6.0 | +0.3 |
TPSC | Timothy Plan US Small Cap Core ETF | 13.5 | 52 | -12 | 5.7 | +0.0 |
1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.
Content on this tab for subscribers only**
RESULTS & ESTIMATES
2015 | 2016 | 2017 | 2018 | 2019 | 2020E | 2021E | |
---|---|---|---|---|---|---|---|
Sales per share | ** | ** | ** | ** | ** | ** | ** |
Earnings per share | ** | ** | ** | ** | ** | ** | ** |
Dividends per share ![]() |
** | ** | ** | ** | ** | ** | ** |
Book value per share | ** | ** | ** | ** | ** | ** | ** |
Sales per share growth | **% | **% | **% | **% | **% | **% | |
EPS growth | **% | **% | **% | **% | **% | **% |
Sales per share growth | **% | **% | **% | **% | **% | **% | |
EPS growth | **% | **% | **% | **% | **% | **% |
OTHER FUNDAMENTAL METRICS
Long term EPS growth est. | **% | Debt-to-equity | **x | |
Asset turnover | **% | Assets-to-equity | **x |
*Six months ago = 100 |
Content on this tab for subscribers only
VALUATION METRICS
2019 | 2020E | 2021E | |
---|---|---|---|
Price-to-sales | ** | ** | ** |
Price-to-earnings | ** | ** | ** |
Price-to-cash flow | ** | ** | ** |
Price-to-growth | ** | ** | ** |
Price-to-book value | ** | ** | ** |
Yield | ** | ** | ** |
Historical valuation trends
Forward multiple: |
Invesco S&P MidCap 400 Equal Weight ETF | |||
Relative to: |
S&P500 | MSCI EAFE | MSCI Emg. Mkts. | Other ETF: |
OVERWEIGHT |
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals. |
ALTAR Score™
|
MODERN PORTFOLIO THEORY
![]() |
CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
|