The Mid Cap Growth style ranks eleventh out of the twelve fund styles detailed in our 4Q23 Style Ratings for ETFs and Mutual Funds report. Last quarter, the Mid Cap Growth style ranked eleventh as well. The category receives our Unattractive rating, which is based on aggregate ratings of 18 ETFs and 320 mutual funds in the Mid Cap Growth style as of October 17, 2023. See a recap of our 3Q23 Style Ratings here.
Figures 1 and 2 show the five best and worst rated ETFs and mutual funds in the Mid Cap Growth. Not all Mid Cap Growth style ETFs and mutual funds are created equal. The number of holdings varies widely (from 25 to 3,607). This variation creates drastically different investment implications and, therefore, ratings.