MDCP - MDCP: High-Conviction Mid-Cap ETF Still Unconvincing
2024-07-16 09:00:20 ET
Summary
- MDCP is an actively managed ETF with a high-conviction portfolio of 29 stocks, overweight in industrials.
- MDCP quality metrics are excellent.
- MDCP history is too short to assess its potential. However, it has lagged a passively managed quality mid-cap ETF.
- A concerning point about MDCP is its very low liquidity.
MDCP strategy
VictoryShares THB Mid Cap ETF ( MDCP ) is an actively managed ETF launched on 10/04/2021 with a “high-conviction portfolio of approximately 30 stocks” . It currently holds shares of 29 companies, and has a net expense ratio of 0.55% and a 30-day SEC yield of 0.16%. As described in the prospectus by VictoryShares ,...
MDCP: High-Conviction Mid-Cap ETF, Still Unconvincing