MDYV vs XMHQ: Holdings Overlap
MDYVState Street® SPDR® S&P 400™ Mid Cap Value ETF
State Street (SPDR) · 297 holdings · $2.9B · as of 2026-08-06
XMHQInvesco S&P MidCap Quality ETF
Invesco · 80 holdings · $5.5B · as of 2026-04-30
Holdings snapshots are 98 days apart (MDYV: 2026-08-06, XMHQ: 2026-04-30). 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 MDYV and XMHQ?
State Street® SPDR® S&P 400™ Mid Cap Value ETF (MDYV, by State Street (SPDR)) holds 297 positions; Invesco S&P MidCap Quality ETF (XMHQ, by Invesco) holds 80. They have 55 holdings in common, and by portfolio weight the two funds are 13.7% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 13.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 55MDYV holds 297 · XMHQ holds 80
- Weight in Shared Holdings
- MDYV 14%·XMHQ 56%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 MDYV
242 of 297 positions (86.1% of the fund) are not held by XMHQ. Showing the top 30 by weight.
Sector Breakdown
| Sector | MDYV | XMHQ |
|---|---|---|
| Industrials | 18.7% | 28.5% |
| Financials | 23.4% | 15.1% |
| Health Care | 4.1% | 19.7% |
| Consumer Discretionary | 12.5% | 9.5% |
| Information Technology | 8.3% | 8.4% |
| Other Sectors | 32.9% | 18.8% |
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 |
|---|---|---|---|---|---|---|---|
| MDYV | +3.1% | +15.2% | +23.9% | +12.9% | +9.2% | +10.6% | 1.64% |
| XMHQ | +4.3% | +16.0% | +18.7% | +14.6% | +10.6% | +13.0% | 0.55% |
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 MDYV vs XMHQ →
Shared Holdings(55)
The top 10 shared positions account for 38% of the overlap, led by ILMN, CCK and AA.
 ILMNIllumina Inc COM | 0.77% | 3.55% | 0.77% |
|---|---|---|---|
 CCKCrown Holdings Inc COM | 0.76% | 1.41% | 0.76% |
 AAAlcoa Corporation COM | 0.71% | 1.94% | 0.71% |
 TTCThe Toro Company COM | 0.54% | 1.20% | 0.54% |
 CSLCarlisle Companies Incorporated | 0.50% | 2.74% | 0.50% |
 GMEGameStop Corp., Class A | 0.45% | 1.24% | 0.45% |
 FLRFluor Corporation COM | 0.39% | 1.50% | 0.39% |
 GGGGraco Inc COM | 0.38% | 1.52% | 0.38% |
 RNRRenaissancere Holdings Ltd. COM USD1 | 0.38% | 1.72% | 0.38% |
 INGRIngredion Incorporated COM | 0.37% | 1.05% | 0.37% |
 AFGAmerican Financial Group, Inc. COM | 0.34% | 1.13% | 0.34% |
 LSTRLandstar System Inc. COM | 0.34% | 0.72% | 0.34% |
 RLIRLI Corp COM | 0.34% | 0.66% | 0.34% |
 ACMAECOM | 0.31% | 1.47% | 0.31% |
 NXTNextpower Inc. CLASS A COM | 0.29% | 2.53% | 0.29% |
 SFMSprouts Farmers Markets Inc COM | 0.28% | 1.11% | 0.28% |
 LECOLincoln Electric Holdings Inc. COM | 0.28% | 1.99% | 0.28% |
 LPXLouisiana Pacific Corporation COM | 0.27% | 0.50% | 0.27% |
 THGThe Hanover Insurance Group, Inc. COM | 0.26% | 0.87% | 0.26% |
 EVREvercore, Inc., Class A | 0.26% | 1.80% | 0.26% |
 CBTCabot Corporation COM | 0.26% | 0.47% | 0.26% |
 NVSTEnvista Holdings Corporation COM | 0.25% | 0.54% | 0.25% |
 MANHManhattan Associates Inc COM | 0.25% | 1.79% | 0.25% |
 PRIPrimerica, Inc. COM | 0.24% | 1.40% | 0.24% |
 SEICSEI Investments Company | 0.22% | 1.47% | 0.22% |
Frequently Asked Questions
How much do MDYV and XMHQ overlap?
MDYV and XMHQ overlap by 13.7% of portfolio weight. They share 55 holdings (MDYV holds 297 positions and XMHQ holds 80), based on each fund's latest SEC-reported holdings.
Is it redundant to own both MDYV and XMHQ?
The two portfolios are 13.7% 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 MDYV and XMHQ?
The largest positions held by both funds are ILMN, CCK, AA, TTC and CSL. Together the top 10 shared positions account for 38% of the total overlap.
What does MDYV own that XMHQ doesn't?
242 positions (86.1% of MDYV) are unique to MDYV, led by USFD, RS and SNX. In the other direction, 25 positions (44.3% of XMHQ) are unique to XMHQ.