MDYG vs SKYY: Holdings Overlap
MDYGState Street® SPDR® S&P 400™ Mid Cap Growth ETF
State Street (SPDR) · 245 holdings · $2.9B · as of 2026-08-06
SKYYFirst Trust Cloud Computing ETF
First Trust · 62 holdings · $3.1B · as of 2026-03-31
Holdings snapshots are 128 days apart (MDYG: 2026-08-06, SKYY: 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 MDYG and SKYY?
State Street® SPDR® S&P 400™ Mid Cap Growth ETF (MDYG, by State Street (SPDR)) holds 245 positions; First Trust Cloud Computing ETF (SKYY, by First Trust) holds 62. They have 10 holdings in common, and by portfolio weight the two funds are 6.2% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 6.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 10MDYG holds 245 · SKYY holds 62
- Weight in Shared Holdings
- MDYG 7%·SKYY 16%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 MDYG
235 of 245 positions (93.3% of the fund) are not held by SKYY. Showing the top 30 by weight.
Only in SKYY
52 of 62 positions (83.5% of the fund) are not held by MDYG. Showing the top 30 by weight.
Sector Breakdown
| Sector | MDYG | SKYY |
|---|---|---|
| Information Technology | 20.2% | 82.6% |
| Industrials | 29.8% | 0.6% |
| Health Care | 15.5% | 0.6% |
| Consumer Discretionary | 9.0% | 3.7% |
| Communication Services | 2.3% | 8.7% |
| Other Sectors | 23.0% | 0.6% |
| Unclassified | 0.0% | 3.1% |
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. “Unclassified” is weight we could not classify (0% of MDYG, 3% of SKYY).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| MDYG | +3.3% | +21.6% | +28.0% | +16.0% | +8.5% | +11.3% | 0.56% |
| SKYY | +12.3% | +20.1% | +27.6% | +25.7% | +8.0% | +17.1% | — |
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 MDYG vs SKYY →
Shared Holdings(10)
The top 10 shared positions account for 100% of the overlap, led by TWLO, P and TOST.
 TWLOTwilio, Inc., Class A | 1.56% | 1.93% | 1.56% |
|---|---|---|---|
 PEverpure, Inc., Class A | 1.47% | 3.41% | 1.47% |
 TOSTToast, Inc., Class A | 0.87% | 0.60% | 0.60% |
 DOCNDigitalOcean Holdings Inc COM | 0.53% | 3.85% | 0.53% |
 NTNXNutanix, Inc., Class A | 0.51% | 3.69% | 0.51% |
 PCTYPaylocity Holding Corporation COM | 0.35% | 0.63% | 0.35% |
 DOCUDocusign, Inc., Class A | 0.35% | 0.65% | 0.35% |
 QLYSQualys Inc COM | 0.34% | 0.59% | 0.34% |
 DBXDropbox, Inc., Class A | 0.28% | 0.56% | 0.28% |
 APPFAppfolio, Inc., Class A | 0.25% | 0.55% | 0.25% |
Frequently Asked Questions
How much do MDYG and SKYY overlap?
MDYG and SKYY overlap by 6.2% of portfolio weight. They share 10 holdings (MDYG holds 245 positions and SKYY holds 62), based on each fund's latest SEC-reported holdings.
Is it redundant to own both MDYG and SKYY?
The two portfolios are 6.2% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of MDYG and SKYY?
The largest positions held by both funds are TWLO, P, TOST, DOCN and NTNX. Together the top 10 shared positions account for 100% of the total overlap.
What does MDYG own that SKYY doesn't?
235 positions (93.3% of MDYG) are unique to MDYG, led by ATI, FTI and CRS. In the other direction, 52 positions (83.5% of SKYY) are unique to SKYY.