1. Sector Concentration of Top Mid-Cap ETFs 
  2. Highlights
  3. S&P Mid Cap 400 Index 
  4. CRSP U.S. Mid Cap Index 
  5. iShares Core S&P Mid-Cap ETF
  6. Vanguard Mid-Cap ETF 
  7. iShares Russell Mid-Cap ETF 


The mid-cap member of the request comprises the companies that find themselves in the middle of the business cycle. More specifically, these companies tend to have request capitalizations between$ 2 billion and$ 10 billion, and they’ve grown beyond the typical types of threat that are associated with their lower-cap counter corridor. From an investor’s viewpoint, the companies within this member tend to be underfollowed despite fairly strong performance compared to other parts. In this composition, we look at the sector composition of the mid-cap request by assaying the crucial marks and exchange-traded finances (ETFs) that track the performance of this group. After reading this composition, investors can understand the nuances between the different situations of sector exposure and how these details could affect long-term returns. 


  • Top sectors within popular mid-cap ETFs include industrials, information technology, consumer optional, financials, and healthcare. 
  • There are slight differences between sector attention of mid-cap ETFs. important of the difference can be explained grounded on which underpinning indicator the fund tracks. 
  • The differences in ETF sector attention are worth considering when adding mid-caps to a being portfolio.   

According to S&P Dow Jones Indices, the S&P Mid Cap 400 has beaten the S&P 500 and the S&P 600 (for small-caps) by an annualized rate of 2.03 and 0.92, independently, between Dec. 30, 1994, and May 31, 2019. This type of strong performance frequently means that investors know that they want to gain exposure to mid-caps but do not know where to start. Luckily, there are numerous different ETFs available in the public request that track the mid-cap member. The vacuity of numerous different mid-cap ETFs also means that there are numerous nuances across the finances. Some finances offer exposure to different styles and factors similar to growth, value, or indeed niches similar to instigation, while others offer a diversified mix.  Within the finances that offer broader content, which tend to be the most popular grounded on total net means, the differences tend to be indeed subtler, with sector breakdowns varying by only many chance points. Depending on one’s investment style, strategy, and perspective, these differences can affect long-term returns. In the sections below, we will look at the craft between the sector breakdown of the most popular mid-cap indicators and mid-cap-focused ETFs so that investors get a sense of what sectors contribute to mid-cap performance. 

S&P Mid Cap 400 Index 

According to S&P Dow Jones Indices, as of March 31, 2022, the sector breakdown of the indicator listed toward sectors similar as industrials, financials, information technology, and consumer optional. The specific breakdown can be viewed in the list below. The heavier weighting toward sectors similar as industrials, financials, information technology, consumer optional, and healthcare is typical for the mid-cap member and for the finances and indicators bandied throughout the composition.  Investors who are interested in gaining exposure to mid-caps frequently tend to concentrate on these core sectors and also condense with others similar to real estate, accoutrements, energy, serviceability, and consumer masses. Some U.S. grounded ETFs that are linked to the S&P Mid Cap 400 Index include the iShares Core S&P Mid-Cap ETF (IJH), the Pro Shares Ultra MidCap400 (MVV), the SPDR Portfolio S&P 400 Mid Cap ETF (SPMD), and the Vanguard S&P Mid-Cap 400 ETF (IVOO). 

CRSP U.S. Mid Cap Index 

The CRSPU.S. Mid Cap Index targets the addition of U.S. companies that fall between 70 and 85 of investable request capitalization. The most popular mid-cap ETF that tracks the CRSP U.S. Mid-Cap Index is the Vanguard Mid-Cap ETF (VO), which we will look at more nearly below. As you’ll see in the sector breakdown, the CRSPU.S. Mid Cap Index has slightly advanced exposure to technology, healthcare, and telecommunications. 

iShares Core S&P Mid-Cap ETF

 As of April 14, 2022, the iShares Core S&P Mid-Cap ETF (IJH) was the largest mid-cap ETF with total net means of $64.5 billion. The fund tracks the S&P Mid Cap 400 Index and as a result has strong exposure to sectors similar as industrials, financials, consumer optional, information technology, and healthcare. The fund carries an expenditure rate of 0.05 and had 403 effects banning its cash positions and derivations similar to futures and currency futures. 

Vanguard Mid-Cap ETF 

With total net means of roughly $53.2 billion as of April 14, 2022, the Vanguard Mid-Cap ETF (VO) is the alternate-largest mid-cap ETF in the U.S.  request. The fund comprises 370 effects and tracks the performance of the CRSPU.S. Mid Cap Index. 

iShares Russell Mid-Cap ETF 

The iShares Russell Mid-Cap ETF (IWR) has net means of nearly$ 30 billion as of April 14, 2022, and tracks the performance of the Russell Mid-Cap Index. The fund has an expenditure rate of 0.19 and comprises 824 effects. The fairly large number of effects provides investors with a broader picture of the mid-cap request member than the other ETFs in the order. Grounded on the sector breakdown shown in the list below, you’ll find that the breakdown is veritably analogous to the others given its attention to sectors similar as information technology, industrials, financials, healthcare, and consumer optional.