The Mid Cap Growth style ranks tenth out of the twelve fund styles detailed in our 1Q23 Style Ratings for ETFs and Mutual Funds report. Last quarter, the Mid Cap Growth style ranked eleventh. The category receives our Unattractive rating, which is based on aggregate ratings of 20 ETFs and 312 mutual funds in the Mid Cap Growth style as of January 19, 2023. See a recap of our 4Q22 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 Growth style ETFs and mutual funds are created equal. The number of holdings varies widely (from 25 to 3,661). This variation creates drastically different investment implications and, therefore, ratings.