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SPDR S&P 400 Mid Cap Value ETF MDYV

Is SPDR S&P 400 Mid Cap Value ETF Halal?

Shariah Compliance Analysis of MDYV ETF

No. As of October 2026, SPDR S&P 400 Mid Cap Value ETF (MDYV) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

MDYV was created on 2005-11-08 by SPDR. The fund's investment portfolio concentrates primarily on mid cap equity. The ETF currently has 2478.23m in AUM and 308 holdings. MDYV tracks a market cap-weighted index of US value stocks. Constituents are drawn from the Committee-selected S&P mid-cap 400.

MDYV Shariah Compliance

As of October 2026, SPDR S&P 400 Mid Cap Value ETF is classified as not halal.

NOT HALAL

SPDR S&P 400 Mid Cap Value ETF (MDYV) Chart

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