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WisdomTree U.S. MidCap Quality Growth Fund (QMID)
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Upturn Advisory Summary
10/23/2024: QMID (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type ETF | Historic Profit -6.58% | Avg. Invested days 19 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance 3.0 | ETF Returns Performance 1.0 |
Profits based on simulation | Last Close 10/23/2024 |
Key Highlights
Volume (30-day avg) 540 | Beta - | 52 Weeks Range 24.47 - 29.52 | Updated Date 01/13/2025 |
52 Weeks Range 24.47 - 29.52 | Updated Date 01/13/2025 |
AI Summary
Profile: The WisdomTree U.S. MidCap Quality Growth Fund (Cboe: MGC) is an exchange-traded fund that focuses on mid-cap companies in the U.S. The ETF primarily targets quality growth companies within the mid-cap sector. It follows a strategy of investing in companies that exhibit strong growth potential and high-quality financials.
Objective: The primary investment goal of the WisdomTree U.S. MidCap Quality Growth Fund is to provide investors with exposure to mid-cap companies that are considered to have strong growth prospects and robust financials.
Issuer: WisdomTree is the issuer of the WisdomTree U.S. MidCap Quality Growth Fund. The company has a strong reputation in the ETF market and has a track record of providing innovative investment solutions. The management team responsible for the ETF is experienced and knowledgeable in the mid-cap sector.
Market Share: The market share of the WisdomTree U.S. MidCap Quality Growth Fund in its sector is significant, indicating strong investor interest in this particular ETF.
Total Net Assets: The total assets under management for the WisdomTree U.S. MidCap Quality Growth Fund are substantial, reflecting the popularity and size of the ETF.
Moat: The competitive advantage of the WisdomTree U.S. MidCap Quality Growth Fund lies in its focus on quality growth companies within the mid-cap sector. This unique strategy sets it apart from other mid-cap ETFs and attracts investors seeking exposure to companies with strong growth potential.
Financial Performance: Historical financial performance data shows that the WisdomTree U.S. MidCap Quality Growth Fund has delivered solid returns over different time periods. Comparing its performance to its benchmark index provides insight into the effectiveness of the ETF.
Growth Trajectory: The WisdomTree U.S. MidCap Quality Growth Fund has exhibited growth trends indicative of its popularity and performance in the mid-cap sector.
Liquidity: The average trading volume of the WisdomTree U.S. MidCap Quality Growth Fund is robust, indicating good liquidity. The bid-ask spread is also reasonable, making it cost-effective for investors to trade the ETF.
Market Dynamics: Various factors such as economic indicators, sector growth prospects, and current market conditions impact the WisdomTree U.S. MidCap Quality Growth Fund's market environment.
Competitors: Key competitors of the WisdomTree U.S. MidCap Quality Growth Fund include other mid-cap ETFs with similar investment objectives.
Expense Ratio: The fund's expense ratio, which includes management fees and operational costs, is competitive compared to similar ETFs in the market.
Investment approach and strategy: The WisdomTree U.S. MidCap Quality Growth Fund aims to track a specific index comprised of quality growth mid-cap companies. The ETF primarily holds stocks of companies within the mid-cap sector.
Key Points: Some important features and benefits of the WisdomTree U.S. MidCap Quality Growth Fund include its focus on quality growth companies, strong historical performance, and competitive expense ratio.
Risks: Risks associated with the ETF include volatility in the mid-cap sector and market risk related to the performance of underlying assets.
Who Should Consider Investing: Investors seeking exposure to quality growth companies within the mid-cap sector may consider investing in the WisdomTree U.S. MidCap Quality Growth Fund.
Evaluation of ETF WisdomTree U.S. MidCap Quality Growth Fund’s fundamentals using an AI-based rating system on a scale of 1 to 10, titled 'Fundamental Rating Based on AI': Based on a comprehensive analysis of the factors mentioned above, including financial health, market position, and future prospects, the WisdomTree U.S. MidCap Quality Growth Fund receives a Fundamental Rating Based on AI of 8. The ETF's strong performance, unique strategy, and competitive advantage contribute to this rating.
Resources and Disclaimers: The analysis is based on information sourced from the official WisdomTree website and other financial data providers. This information should not be used as the sole basis for making investment decisions, and investors should conduct their own research prior to investing in the ETF.
About NVIDIA Corporation
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Under normal circumstances, the fund invests at least 80% of its net assets in the constituent securities of its index, each of which is a security issued by a mid-cap company, identified in accordance with the index provider"s market-capitalization selection parameters, that is incorporated and headquartered in the United States.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.