Invesco and State Street together would be a serious ETF superpower threat.
Exchange-traded funds (ETFs) that track U.S. mid-cap companies may be one of those hidden opportunities. Indeed, Bloomberg Intelligence ETF analyst Eric Balchunas says that MDY would be the best bet among any ETF in history based on performance. Balchunas describes mid-cap ETFs as "the Jan Brady of the stock market, the forgotten middle child," adding that he "continue[s] to be amazed by mid-caps" even as he himself also forgets about them.
ETF.com's Cinthia Murphy takes on ETF PM's David Kreinces on two popular funds.