Each MidCap Spiders share represents the stock makeup of the S&P MidCap 400® - the most widely used index for mid-sized companies. These 400 companies have moved beyond the uncertainties of start-ups and can offer you greater opportunities than large-cap stocks.
Today, mid-caps are recognized as an independent asset class, with risk/reward profiles that differ considerably from both large-caps and small-caps. MidCap Spiders help you tap the growth potential of this middle area of the market.