Key stats
About WisdomTree U.S. MidCap Quality Growth Fund
Home page
Inception date
Jan 25, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
WisdomTree Asset Management, Inc.
Distributor
Foreside Fund Services LLC
ISIN
US97717Y4448
QMID targets profitability and high-conviction allocations by employing a fundamentally driven strategy in constructing a broad quality growth portfolio of 100 to 200 US mid-cap companies. The fund defines mid-caps as firms that are within the top 60% of the remaining companies from the initial universe after excluding the 500 largest firms by market-cap. Eligible securities are ranked according to a composite score calculated based on two equally weighted factors: growth and quality. The growth factor is determined based on a companys earnings growth forecast, and trailing three-year sales and earnings growth, while quality factor reflects each firms three-year average return on equity and return on assets. The top 30% companies based on the composite score are selected and weighted based on market-cap, with individual security weights capped at 5%. The fund excludes firms involved in real estate, utilities, and banking. The index reconstitutes and rebalances semi-annually.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Producer Manufacturing
Stocks99.96%
Technology Services16.88%
Producer Manufacturing11.12%
Consumer Services8.73%
Electronic Technology8.10%
Finance7.63%
Health Technology6.99%
Industrial Services6.70%
Energy Minerals4.89%
Commercial Services4.66%
Consumer Non-Durables3.96%
Consumer Durables3.88%
Transportation3.59%
Non-Energy Minerals3.07%
Health Services2.79%
Process Industries2.69%
Retail Trade2.60%
Distribution Services1.68%
Bonds, Cash & Other0.04%
Cash0.04%
Stock breakdown by region
North America95.93%
Europe4.07%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
QMID invests in stocks. The fund's major sectors are Technology Services, with 16.88% stocks, and Producer Manufacturing, with 11.12% of the basket. The assets are mostly located in the North America region.
QMID top holdings are MongoDB, Inc. Class A and Credo Technology Group Holding Ltd., occupying 2.03% and 1.77% of the portfolio correspondingly.
QMID assets under management is 1.42 M USD. It's fallen 0.85% over the last month.
QMID fund flows account for 225.00 USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, QMID pays dividends to its holders with the dividend yield of 1.10%. The last dividend (Dec 30, 2024) amounted to 0.31 USD. The dividends are paid annually.
QMID shares are issued by WisdomTree, Inc. under the brand WisdomTree. The ETF was launched on Jan 25, 2024, and its management style is Passive.
QMID expense ratio is 0.38% meaning you'd have to pay 0.38% of your investment to help manage the fund.
QMID follows the WisdomTree U.S. MidCap Quality Growth Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
QMID invests in stocks.
QMID price has fallen by −0.27% over the last month, and its yearly performance shows a 2.16% increase. See more dynamics on QMID price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.33% over the last month, have fallen by −0.33% over the last month, showed a 5.32% increase in three-month performance and has increased by 5.61% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.33% over the last month, have fallen by −0.33% over the last month, showed a 5.32% increase in three-month performance and has increased by 5.61% in a year.
QMID trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.