The Mid Cap Value style ranks seventh out of the twelve fund styles, as detailed in our 2Q22 Style Ratings for ETFs and Mutual Funds report. Last quarter, the Mid Cap Value style ranked seventh as well. The category receives our Neutral rating, which is based on an aggregation of ratings of 12 ETFs and 185 mutual funds in the Mid Cap Value style as of April 20, 2022. See a recap of our 1Q22 Style Ratings here.
Figures 1 and 2 show the best and worst rated ETFs and mutual funds in the style. Not all Mid Cap Value style ETFs and mutual funds are created the same. The number of holdings varies widely (from 27 to 702). This variation creates drastically different investment implications and, therefore, ratings.