American Century Mid Cap Growth Impact ETF (MID) Valuation
MID valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 39.1 trailing earnings
- Forward P/E
- 24.2 analyst estimates
- Price / sales
- 2.97
- Price / book
- 7.75
- EV / EBITDA
- 23.5
- Earnings yield
- 2.56% inverse of P/E
- Dividend yield
- 0.46% of the holdings
- Return on equity
- 19.8% combined
- Net margin
- 7.6% combined
- Beta
- 1.38 weighted, vs S&P 500
MID valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| MID | 39.1 | 24.2 | 2.97 | 7.75 | 0.46% | 19.8% | 7.6% | 16.0% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
MID valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 35.3% | 103.2 | 37.1 | 10.73 | 15.04 | 0.09% | 14.6% |
| Industrials | 16.2% | 36.7 | 25.9 | 3.01 | 7.17 | 0.56% | 19.5% |
| Healthcare | 12.7% | 39.1 | 24.7 | 1.33 | 9.07 | 0.10% | 23.2% |
| Consumer Cyclical | 12.6% | 33.1 | 18.2 | 2.37 | 8.64 | 0.64% | 26.1% |
| Financial Services | 7.0% | 11.8 | 11.8 | 2.37 | 2.33 | 0.78% | 19.7% |
| Communication Services | 5.1% | 62.0 | 30.9 | 4.74 | 12.01 | 0.22% | 19.4% |
| Utilities | 3.0% | 24.2 | 13.8 | 2.65 | 5.98 | 1.13% | 24.7% |
| Energy | 2.7% | 28.0 | 15.4 | 2.47 | 5.94 | 1.87% | 21.2% |
| Real Estate | 2.6% | 24.5 | 33.6 | 5.55 | 4.33 | 3.49% | 17.7% |
| Consumer Defensive | 1.1% | 30.3 | 16.4 | 0.39 | 4.70 | 0.68% | 15.5% |
| Basic Materials | 0.3% | 20.5 | 11.3 | 1.39 | 2.75 | 0.00% | 13.4% |
MID earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How MID weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
MID largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| NET | Cloudflare, Inc. | 4.80% | — | 178.6 | 42.0 | — | −0.34% |
| DDOG | Datadog, Inc. | 3.97% | 494.2 | 84.7 | 22.4 | — | 0.32% |
| VST | Vistra Corp. | 2.44% | 25.6 | 13.3 | 2.7 | 0.61% | 3.81% |
| ALAB | Astera Labs, Inc. | 2.26% | 140.8 | 55.6 | 41.3 | — | 0.64% |
| DXCM | DexCom, Inc. | 2.17% | 34.1 | 28.2 | 6.5 | — | 2.54% |
| RCL | Royal Caribbean Cruises Ltd. | 1.85% | 17.1 | 11.4 | 4.0 | 2.16% | 4.31% |
| SNOW | Snowflake Inc. | 1.81% | — | 169.5 | 19.9 | — | −0.75% |
| CPAY | Corpay, Inc. | 1.73% | 24.3 | 12.8 | 5.2 | — | 2.85% |
| CRDO | Credo Technology Group Holding Ltd | 1.70% | 60.2 | 30.9 | 20.0 | — | 1.13% |
| VIK | Viking Holdings Ltd | 1.67% | 27.7 | 17.2 | 5.3 | — | 2.42% |
| TEAM | Atlassian Corporation | 1.63% | — | 36.2 | 8.0 | — | −0.04% |
| HLT | Hilton Worldwide Holdings Inc. | 1.57% | 50.6 | 28.7 | 15.2 | 0.17% | 1.25% |
| RDDT | Reddit, Inc. | 1.55% | 36.3 | 23.2 | 10.8 | — | 1.71% |
| NTRA | Natera, Inc. | 1.50% | — | — | 20.9 | — | −0.21% |
| IQV | IQVIA Holdings Inc. | 1.45% | 33.2 | 18.4 | 2.6 | — | 1.75% |
| JCI | Johnson Controls International plc | 1.44% | 41.1 | 23.9 | 3.5 | 1.10% | 1.40% |
| LSCC | Lattice Semiconductor Corporation | 1.41% | 414.6 | 38.8 | 22.6 | — | 0.14% |
| FIX | Comfort Systems USA, Inc. | 1.38% | 35.4 | 26.0 | 4.5 | 0.25% | 1.56% |
| P | Everpure, Inc. | 1.28% | 169.9 | 44.8 | 9.7 | — | 0.30% |
| DASH | DoorDash, Inc. | 1.28% | 99.6 | 38.0 | 5.2 | — | 0.51% |
| HWM | Howmet Aerospace Inc. | 1.27% | 47.6 | 36.0 | 9.7 | 0.25% | 1.07% |
| MPWR | Monolithic Power Systems, Inc. | 1.27% | 73.7 | 38.8 | 18.2 | 0.66% | 0.69% |
| TRGP | Targa Resources Corp. | 1.19% | 28.2 | 23.2 | 3.8 | 1.70% | 1.69% |
| RSG | Republic Services, Inc. | 1.19% | 32.8 | 26.3 | 4.2 | 1.16% | 1.44% |
| VEEV | Veeva Systems Inc. | 1.15% | 50.9 | 30.2 | 14.5 | — | 0.91% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About MID valuation
Adding up its 145 holdings with company data, MID trades at 39.1 times trailing earnings and 24.2 times analysts' forward estimates, with a price-to-book ratio of 7.75 and a dividend yield of 0.46%. Its earnings yield of 2.56% is 2.77 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 24.4% of the fund and earn 16.9% of its combined profit. By sector, Technology is the most expensive at 103.2 times earnings and Financial Services the cheapest at 11.8. Companies that lost money over the past year are 16.0% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 98.6% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: MID chart, MID performance, MID holdings, MID dividends.
MID valuation FAQ
What is the P/E ratio of MID?
Based on its holdings, MID has a trailing P/E of 39.1 and a forward P/E of 24.2 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of MID?
The trailing earnings yield is 2.56% (1 ÷ P/E) and the forward earnings yield 4.14%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is MID more expensive than the S&P 500?
MID trades at 39.1 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 24.2 and 19.9.
What is the price-to-book ratio of MID?
The holdings of MID trade at 7.75 times book value, with a combined return on equity of 19.8%.
Which sector in MID has the highest P/E?
Technology has the highest P/E at 103.2 and Financial Services the lowest at 11.8.