SPDR S&P 400 Mid Cap Value ETF (MDYV) Performance
MDYV total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +10.2% since Dec 31, 2025
- 1 year
- +12.0% total return
- 5 years
- +7.6% a year
- 10 years
- +10.2% a year
- Since first price
- +8.8% a year since 2005
MDYV trailing returns vs SPY, QQQ, AGG
| Period | MDYV total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +1.8% | +1.8% | −1.0% | −5.0% | +0.9% |
| 3 months | −1.9% | −2.4% | +3.2% | +1.9% | −0.4% |
| 6 months | +2.1% | +1.2% | +7.8% | +8.4% | −1.5% |
| YTD | +10.2% | +8.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +12.0% | +10.0% | +14.4% | +15.9% | −1.1% |
| 3 years | +59.5%+16.8%/yr | +51.0% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +44.3%+7.6%/yr | +31.4% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +164.5%+10.2%/yr | +116.4% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +416.9%+11.6%/yr | +268.5% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | +421.4%+8.6%/yr | +223.0% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionNov 15, 2005 | +489.4%+8.8%/yr | +258.6% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: MDYV vs SPY
From Nov 15, 2005: MDYV grew to $58,942, SPY to $90,507.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
MDYV returns by calendar year
14 of 20 full years positive. Best 2009 (+34.7%), worst 2008 (−35.6%). 2026 is year to date.
MDYV annual returns table
| Year | MDYV | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +10.2% | −10.5% | +12.3% | +15.1% | −1.0% |
| 2025 | +7.5% | −20.4% | +17.7% | +20.8% | +7.2% |
| 2024 | +11.5% | −8.8% | +24.9% | +25.6% | +1.3% |
| 2023 | +15.4% | −18.7% | +26.2% | +54.9% | +5.7% |
| 2022 | −7.2% | −19.0% | −18.2% | −32.6% | −13.0% |
| 2021 | +30.5% | −9.1% | +28.7% | +27.4% | −1.8% |
| 2020 | +3.7% | −45.9% | +18.3% | +48.6% | +7.5% |
| 2019 | +25.9% | −10.1% | +31.2% | +39.0% | +8.5% |
| 2018 | −12.0% | −22.8% | −4.6% | −0.1% | +0.1% |
| 2017 | +12.3% | −6.2% | +21.7% | +32.7% | +3.6% |
| 2016 | +26.1% | −10.0% | +12.0% | +7.1% | +2.4% |
| 2015 | −7.2% | −14.6% | +1.2% | +9.4% | +0.5% |
| 2014 | +12.3% | −10.3% | +13.5% | +19.2% | +6.0% |
| 2013 | +34.2% | −6.4% | +32.3% | +36.6% | −2.0% |
| 2012 | +17.8% | −12.2% | +16.0% | +18.1% | +3.8% |
| 2011 | −2.9% | −25.5% | +1.9% | +3.4% | +7.7% |
| 2010 | +21.1% | −17.0% | +15.1% | +19.9% | +6.4% |
| 2009 | +34.7% | −31.5% | +26.4% | +54.7% | +3.0% |
| 2008 | −35.6% | −49.3% | −36.8% | −41.7% | +7.9% |
| 2007 | −1.9% | −16.6% | +5.1% | +19.0% | +6.6% |
| 2006 | +16.3% | −9.0% | +15.8% | +7.1% | +3.9% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
MDYV largest drawdowns
Now 5.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jun 4, 2007 | −60.7% | Mar 6, 2009 | Apr 5, 2011 | 1.8 years | 3.8 years |
| Jan 16, 2020 | −45.9% | Mar 23, 2020 | Dec 4, 2020 | 2 months | 11 months |
| Apr 28, 2011 | −25.5% | Sep 22, 2011 | Mar 15, 2012 | 5 months | 11 months |
| Aug 29, 2018 | −22.8% | Dec 24, 2018 | Nov 5, 2019 | 4 months | 1.2 years |
| Nov 25, 2024 | −22.6% | Apr 8, 2025 | Dec 10, 2025 | 4 months | 1.0 years |
| Jun 23, 2015 | −21.3% | Jan 20, 2016 | Jun 8, 2016 | 7 months | 12 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
MDYV risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2005 |
|---|---|---|---|---|
| Annualized return | +13.0% | +8.0% | +9.6% | +8.6% |
| Volatility (annualized) | 16.2% | 18.7% | 20.1% | 19.0% |
| Sharpe ratio | 0.57 | 0.31 | 0.45 | — |
| Sortino ratio | 0.95 | 0.50 | 0.66 | — |
| Best month | +10.2% | +11.5% | +16.6% | +16.6% |
| Worst month | −6.9% | −9.5% | −24.3% | −24.3% |
| Best 12 months | +32.6% | +32.6% | +89.0% | +89.0% |
| Worst 12 months | −0.2% | −10.9% | −28.2% | −45.4% |
| Positive months | 61% | 55% | 62% | 64% |
| Beta vs S&P 500 | 0.94 | 0.97 | 1.12 | — |
| Correlation with S&P 500 | 0.72 | 0.81 | 0.85 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
MDYV rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 240 | −45.4% | +11.1% | +89.0% | 72% |
| 3-year (a year) | 216 | −18.0% | +9.9% | +30.2% | 85% |
| 5-year (a year) | 192 | −1.5% | +9.7% | +26.6% | 97% |
| 10-year (a year) | 132 | +5.6% | +9.7% | +16.9% | 100% |
Every holding period starting at a month-end since 2005. Returns for 3 years and longer are annualized.
MDYV performance overview
SPDR S&P 400 Mid Cap Value ETF (MDYV) returned +12.0% over the past year and +10.2% a year over ten years, with distributions reinvested. Since its first recorded price in 2005 it has returned +8.8% a year, turning $10,000 into about $58,942. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −60.7%, from Jun 4, 2007 to Mar 6, 2009, and it took 2.1 years to get back to the old high. MDYV finished 14 of its 20 full calendar years with a gain; the best year was 2009 (+34.7%) and the worst 2008 (−35.6%). Volatility has been 19.0% a year.
Related: MDYV chart, MDYV holdings, MDYV dividends, MDYV valuation. See the MDYV overview for the latest quote and fund facts.
MDYV performance FAQ
What is the MDYV return over the past year?
MDYV returned +12.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 10.0%.
What is the average annual return of MDYV?
MDYV has returned +7.6% a year over 5 years, +10.2% a year over 10 years, +8.8% a year since November 15, 2005 (total return, distributions reinvested).
How much would $10,000 invested in MDYV be worth?
$10,000 invested in MDYV at its first recorded close on November 15, 2005 would be worth about $58,942 on October 23, 2026 with distributions reinvested.
What was the worst year for MDYV?
The worst calendar year was 2008, with a total return of −35.6%. The best was 2009 at +34.7%.
What is the biggest drawdown of MDYV?
The largest peak-to-trough decline was −60.7% between June 4, 2007 and March 6, 2009. It recovered to the old high on April 5, 2011, 2.1 years after the bottom.
How volatile is MDYV?
Over the past 3 years MDYV had an annualized volatility of 16.2% and a Sharpe ratio of 0.57 (excess return over 1–3 month T-bills per unit of risk).