MFS Active Mid Cap ETF (MMID) Valuation
MMID valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 25.4 trailing earnings
- Forward P/E
- 15.1 analyst estimates
- Price / sales
- 1.99
- Price / book
- 2.69
- EV / EBITDA
- 14.5
- Earnings yield
- 3.93% inverse of P/E
- Dividend yield
- 1.51% of the holdings
- Return on equity
- 10.6% combined
- Net margin
- 7.8% combined
- Beta
- 0.94 weighted, vs S&P 500
MMID valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| MMID | 25.4 | 15.1 | 1.99 | 2.69 | 1.51% | 10.6% | 7.8% | 4.1% |
| 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.
MMID valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Industrials | 21.1% | 28.7 | 15.1 | 1.78 | 3.47 | 1.08% | 12.1% |
| Financial Services | 13.9% | 14.2 | 11.7 | 2.18 | 2.17 | 1.83% | 15.3% |
| Technology | 13.3% | 29.6 | 16.8 | 2.74 | 3.68 | 1.12% | 12.4% |
| Healthcare | 12.3% | 56.4 | 18.6 | 1.80 | 2.93 | 0.57% | 5.2% |
| Consumer Cyclical | 8.8% | 21.2 | 13.3 | 1.18 | 2.50 | 1.13% | 11.8% |
| Real Estate | 7.2% | 47.5 | 23.4 | 3.92 | 2.20 | 3.49% | 4.6% |
| Energy | 7.1% | 20.7 | 11.5 | 2.01 | 2.33 | 1.31% | 11.2% |
| Utilities | 6.1% | 18.3 | 14.9 | 3.35 | 1.80 | 2.71% | 9.9% |
| Consumer Defensive | 3.8% | 23.2 | 15.6 | 1.18 | 3.54 | 2.66% | 15.3% |
| Basic Materials | 3.8% | 54.9 | 19.2 | 2.71 | 2.32 | 0.96% | 4.2% |
| Communication Services | 1.3% | 34.2 | 19.5 | 3.16 | 6.97 | 2.21% | 20.4% |
MMID 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 MMID weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
MMID largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| GPN | Global Payments Inc. | 1.84% | 39.3 | 5.3 | 2.2 | 1.20% | 1.30% |
| WAT | Waters Corporation | 1.82% | 110.6 | 24.8 | 9.2 | — | 0.46% |
| BDX | Becton, Dickinson and Company | 1.73% | 44.6 | 13.7 | 2.3 | 2.19% | 1.08% |
| A | Agilent Technologies, Inc. | 1.68% | 34.1 | 23.9 | 6.6 | 0.59% | 1.37% |
| LNG | Cheniere Energy, Inc. | 1.67% | 21.9 | 13.5 | 2.9 | 0.77% | 2.11% |
| FANG | Diamondback Energy, Inc. | 1.55% | 38.8 | 10.0 | 3.5 | 2.16% | 1.10% |
| GWW | W.W. Grainger, Inc. | 1.51% | 33.9 | 24.8 | 3.3 | 0.75% | 1.24% |
| STE | STERIS plc | 1.49% | 27.2 | 19.2 | 3.6 | 1.16% | 1.51% |
| VLO | Valero Energy Corporation | 1.47% | 18.5 | 10.2 | 1.0 | 1.08% | 2.21% |
| YZ8 | Permian Resources Corporation | 1.44% | — | — | — | — | — |
| KVUE | Kenvue Inc. | 1.36% | 22.0 | 14.7 | 2.4 | 4.44% | 1.72% |
| WAB | Westinghouse Air Brake Technologies Corporation | 1.33% | 38.6 | 23.8 | 4.0 | 0.43% | 0.96% |
| CTSH | Cognizant Technology Solutions Corporation | 1.32% | 14.2 | 9.4 | 1.4 | 2.00% | 2.57% |
| LNT | Alliant Energy Corporation | 1.24% | 21.6 | 17.5 | 4.0 | 3.13% | 1.59% |
| BALL | Ball Corporation | 1.23% | 18.0 | 13.2 | 1.2 | 1.27% | 1.90% |
| AIZ | Assurant, Inc. | 1.23% | 13.6 | 10.9 | 1.0 | 1.24% | 2.51% |
| GFL | Gfl Environmental Holdings Inc | 1.23% | — | — | — | — | — |
| IFF | International Flavors & Fragrances Inc. | 1.21% | 89.8 | 17.7 | 2.1 | 1.76% | 0.38% |
| MTB | M&T Bank Corporation | 1.21% | 11.4 | 10.6 | 3.3 | 2.79% | 2.96% |
| MSCI | MSCI Inc. | 1.19% | 31.1 | 24.7 | 12.4 | 1.44% | 1.06% |
| SNOW | Snowflake Inc. | 1.17% | — | 169.5 | 19.9 | — | −0.34% |
| H | Hyatt Hotels Corporation | 1.17% | 208.8 | 27.9 | 4.7 | 0.35% | 0.16% |
| ELS | Equity LifeStyle Properties, Inc. | 1.15% | 29.6 | 28.6 | 7.8 | 3.55% | 1.08% |
| MCHP | Microchip Technology Incorporated | 1.14% | 108.6 | 20.5 | 7.8 | 2.46% | 0.29% |
| ALLE | Allegion plc | 1.14% | 20.5 | 15.9 | 3.1 | 1.41% | 1.54% |
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 MMID valuation
Adding up its 96 holdings with company data, MMID trades at 25.4 times trailing earnings and 15.1 times analysts' forward estimates, with a price-to-book ratio of 2.69 and a dividend yield of 1.51%. Its earnings yield of 3.93% is 1.40 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 16.2% of the fund and earn 14.1% of its combined profit. By sector, Healthcare is the most expensive at 56.4 times earnings and Financial Services the cheapest at 14.2. Companies that lost money over the past year are 4.1% 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 92.8% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: MMID chart, MMID performance, MMID holdings, MMID dividends.
MMID valuation FAQ
What is the P/E ratio of MMID?
Based on its holdings, MMID has a trailing P/E of 25.4 and a forward P/E of 15.1 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of MMID?
The trailing earnings yield is 3.93% (1 ÷ P/E) and the forward earnings yield 6.61%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is MMID more expensive than the S&P 500?
MMID trades at 25.4 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 15.1 and 19.9.
What is the price-to-book ratio of MMID?
The holdings of MMID trade at 2.69 times book value, with a combined return on equity of 10.6%.
Which sector in MMID has the highest P/E?
Healthcare has the highest P/E at 56.4 and Financial Services the lowest at 14.2.