QMID

QMID is a passive, rules-based ETF that targets U.S. mid-cap growth stocks with stronger “quality” fundamentals than their peers.

It starts by excluding the 500 largest U.S. companies, then ranks the remaining mid-cap universe on a 50/50 blend of growth signals (sales, earnings, and forecasts) and quality signals (return on equity and return on assets).

The top-scoring ~30% are included and weighted mostly by market cap with a 5% cap per holding, with semi-annual rebalances and exclusions for real estate, utilities, and banking.