Does the U.S. Mid Cap Growth asset class have a history of good long-term returns?

U.S. Mid Cap Growth vs U.S. Large Cap Blend (S&P 500): January 1972 – August 2019

Source: https://www.portfoliovisualizer.com/

The oldest available U.S. Mid Cap Growth ETF is the iShares S&P Mid-Cap 400 Growth ETF (IJK). It’s inception date was July 24, 2000. Since inception, IJK has outperformed an S&P 500 index fund by 1.76% CAGR.

IJK vs S&P 500 index fund: August 2000 – July 2019

Source: https://www.portfoliovisualizer.com/

IJK vs SPY: July 28, 2000 – August 23, 2019

Source: https://www.koyfin.com/home

There are currently 30 ETFs available in the Morningstar category Mid-Cap Growth. 10 of these ETFs have inception dates on or before August 24, 2009. Let’s see how they rank against each other:

Source: https://www.morningstar.com/

The top 4 long-term performance funds were JKH, IWP, MDYG and IJK.

JKH vs IWP vs MDYG vs IJK: December 2005 – July 2019

Source: https://www.portfoliovisualizer.com/

JKH vs IWP vs MDYG vs IJK vs SPY: November 15, 2005 – August 23, 2019

Source: https://www.koyfin.com/home

JKH – The iShares Morningstar Mid-Cap Growth ETF seeks to track the investment results of an index composed of mid-capitalization U.S. equities that exhibit growth characteristics. Exposure to mid-sized U.S. companies whose earnings are expected to grow at an above-average rate relative to the market. Targeted access to a specific category of mid-cap domestic stocks. Use to tilt your portfolio towards growth stocks

IWP – The iShares Russell Mid-Cap Growth ETF seeks to track the investment results of an index composed of mid-capitalization U.S. equities that exhibit growth characteristics. Exposure to mid-sized U.S. companies whose earnings are expected to grow at an above-average rate relative to the market. Targeted access to a specific category of mid-cap domestic stocks. Use to tilt your portfolio towards growth stocks.

MDYG – The SPDR® S&P® 400 Mid Cap Growth ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P® Mid Cap 400 Growth IndexSM (the “Index”). The selection universe for the S&P MidCap 400 Index includes all U.S. common equities with market capitalizations generally between $1.6 billion and $6.8 billion at the time of inclusion. The Index contains stocks that exhibit the strongest growth characteristics based on: sales growth, earnings change to price ratio, and momentum.

IJK – The iShares S&P Mid-Cap 400 Growth ETF seeks to track the investment results of an index composed of mid-capitalization U.S. equities that exhibit growth characteristics. Exposure to U.S. mid-cap stocks of companies whose earnings are expected to grow at an above-average rate relative to the market. Low cost and tax efficient. Use as a complement to a portfolio’s core holdings.

Thank you for taking time to read this article. If you found it useful, please share it with a friend.

Respectfully yours, Micah McDonald, aka the Deep Value ETF Accumulator

Previous Deep Value ETF Accumulator article on U.S. Mid Cap Growth ETFs: MARCH 5, 2018 BY MICAH MCDONALD Best Long-Term Performance U.S. Mid Cap Blend ETFs 1.1

Disclosure: We currently own shares of RFG. We intend to sell our RFG shares in the near future and  purchase shares of IWP.  I am not a professional investment advisor. Please perform you own due diligence or seek the advice of a Registered Investment Advisor before investing in any security mentioned in this article. This website contains affiliate links to M1 Finance and Google AdSense.

This article originally appeared on TalkMarkets right here: https://talkmarkets.com/content/etfs/best-long-term-performance-us-mid-cap-growth-etfs?post=231757