The Mid Cap Blend style ranks fifth out of the twelve fund styles as detailed in our 4Q22 Style Ratings for ETFs and Mutual Funds report. Last quarter, the Mid Cap Blend style ranked sixth. The category receives our Neutral rating, which is based on an aggregation of ratings of 29 ETFs and 332 mutual funds in the Mid Cap Blend style as of October 19, 2022. See a recap of our 3Q22 Style Ratings here.
Figures 1 and 2 show the five best and worst rated ETFs and mutual funds in the style. Not all Mid Cap Blend style ETFs and mutual funds are created the same. The number of holdings varies widely (from 20 to 2,343). This variation creates drastically different investment implications and, therefore, ratings.