MDY vs SMH: Holdings Overlap
MDYState Street® SPDR® S&P MIDCAP 400® ETF Trust
State Street (SPDR) · 399 holdings · $27.1B · as of 2026-08-06
VanEck · 25 holdings · $71.5B · as of 2026-03-31
Holdings snapshots are 128 days apart (MDY: 2026-08-06, SMH: 2026-03-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are MDY and SMH?
State Street® SPDR® S&P MIDCAP 400® ETF Trust (MDY, by State Street (SPDR)) holds 399 positions; VanEck Semiconductor ETF (SMH, by VanEck) holds 25. They have 0 holdings in common, and by portfolio weight the two funds are 0.0% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 0MDY holds 399 · SMH holds 25
- Weight in Shared Holdings
- MDY 0%·SMH 0%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in MDY
399 of 399 positions (105.1% of the fund) are not held by SMH. Showing the top 30 by weight.
Sector Breakdown
| Sector | MDY | SMH |
|---|---|---|
| Information Technology | 15.6% | 99.9% |
| Industrials | 25.9% | 0.0% |
| Financials | 16.0% | 0.0% |
| Consumer Discretionary | 11.6% | 0.0% |
| Health Care | 10.3% | 0.0% |
| Other Sectors | 25.7% | 0.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| MDY | +3.1% | +18.1% | +25.6% | +14.2% | +8.8% | +10.9% | 0.99% |
| SMH | +0.2% | +61.8% | +100.8% | +55.9% | +34.9% | +34.9% | 0.19% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in MDY vs SMH →
Shared Holdings(0)
These two funds have no holdings in common.
Frequently Asked Questions
How much do MDY and SMH overlap?
MDY and SMH overlap by 0.0% of portfolio weight. They share 0 holdings (MDY holds 399 positions and SMH holds 25), based on each fund's latest SEC-reported holdings.
Is it redundant to own both MDY and SMH?
The two portfolios are 0.0% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What does MDY own that SMH doesn't?
399 positions (105.1% of MDY) are unique to MDY, led by ATI, TWLO and ILMN. In the other direction, 25 positions (99.9% of SMH) are unique to SMH.