American Century Mid Etf Profile
MID Etf | USD 63.66 0.64 1.00% |
Performance10 of 100
| Odds Of DistressLess than 9
|
American Century is trading at 63.66 as of the 28th of November 2024, a 1 percent decrease since the beginning of the trading day. The etf's lowest day price was 63.62. American Century has less than a 9 % chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for American Century Mid are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
The fund will invest principally in exchange-traded common stocks. American Century is traded on NYSEARCA Exchange in the United States. More on American Century Mid
Moving together with American Etf
American Etf Highlights
Thematic Ideas | (View all Themes) |
Old Name | MINT Income Fund |
Business Concentration | Mid Cap ETFs, Size And Style ETFs, Mid-Cap Growth, American Century Investments (View all Sectors) |
Issuer | American Century Investments |
Inception Date | 2020-07-13 |
Entity Type | Regulated Investment Company |
Asset Under Management | 80.66 Million |
Asset Type | Equity |
Category | Size and Style |
Focus | Mid Cap |
Market Concentration | Developed Markets |
Region | North America |
Administrator | American Century Services, LLC |
Advisor | American Century Investment Management, Inc. |
Custodian | State Street Bank and Trust Company |
Distributor | Foreside Fund Services, LLC |
Portfolio Manager | Rob Brookby, Rene P. Casis, Nalin Yogasundram |
Transfer Agent | State Street Bank and Trust Company |
Fiscal Year End | 31-Aug |
Exchange | NYSE Arca, Inc. |
Market Maker | Citadel |
Total Expense | 0.45 |
Management Fee | 0.45 |
Country Name | USA |
Returns Y T D | 27.2 |
Name | American Century Mid Cap Growth Impact ETF |
Currency Code | USD |
Open Figi | BBG00W0JTBF5 |
In Threey Volatility | 23.31 |
1y Volatility | 17.55 |
200 Day M A | 57.7943 |
50 Day M A | 61.4125 |
Code | MID |
Updated At | 27th of November 2024 |
Currency Name | US Dollar |
In Threey Sharp Ratio | (0.1) |
Type | ETF |
American Century Mid [MID] is traded in USA and was established 2020-07-15. The fund is classified under Mid-Cap Growth category within American Century Investments family. The entity is thematically classified as Mid Cap ETFs. American Century Mid now have 23.02 M in assets. , while the total return for the last 3 years was 2.6%.
Check American Century Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on American Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding American Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as American Century Mid Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top American Century Mid Etf Constituents
ALGN | Align Technology | Stock | Health Care | |
APTV | Aptiv PLC | Stock | Consumer Discretionary | |
CDNS | Cadence Design Systems | Stock | Information Technology | |
CMG | Chipotle Mexican Grill | Stock | Consumer Discretionary | |
DOCU | DocuSign | Stock | Information Technology | |
ENPH | Enphase Energy | Stock | Information Technology | |
KEYS | Keysight Technologies | Stock | Information Technology | |
MRVL | Marvell Technology Group | Stock | Information Technology |
American Century Mid Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in American Century. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Risk Adjusted Performance | 0.1155 | |||
Jensen Alpha | 0.013 | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | 0.0106 |
American Century Against Markets
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in American Century Mid. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
The market value of American Century Mid is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Century's value that differs from its market value or its book value, called intrinsic value, which is American Century's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because American Century's market value can be influenced by many factors that don't directly affect American Century's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between American Century's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Century is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Century's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.