At a glance
QMID charges 0.38% a year, above the 0.25% average of the 8 funds most like it (the 8th cheapest of 9). It has $2.2M in assets, the 9th largest of that group; it paid 0.5% of its price in distributions over the past 12 months, annual. Over the past year it returned +4.7% with distributions reinvested (S&P 500: +11.5%), 8th of those 9 funds. Its ten largest positions make up 12.8% of the fund, out of 124 in all.
The short version
WisdomTree U.S. MidCap Quality Growth Fund (QMID) is an exchange-traded fund (ETF) that follows an index of mid-sized U.S. companies. They are the companies that score highest on a WisdomTree formula that blends sales and earnings growth with profitability. Its annual fee of 0.38% is well above the 0.10% to 0.17% charged by the large S&P MidCap 400 Growth ETFs. It is also very small, with about $2.2 million in net assets as of June 30, 2026.
Price history
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QMID +4.7% over the year to Oct 27, 2026, total return with distributions reinvested.
How it has behaved
| YTD | 1 yr | 3 yr | 5 yr | 10 yr | Since start | |
|---|---|---|---|---|---|---|
| QMID official prospectus, to Dec 31, 2025 | — | +5.12% | — | — | — | +7.77% |
| Wisdom Tree U.S. Mid Cap Quality Growth Index (Reflects no deduction for fees, expenses or taxes) index, same period | — | +5.51% | — | — | — | +8.00% |
| S&P Mid Cap 400 Growth Index (Reflects no deduction for fees, expenses or taxes) index, same period | — | +7.46% | — | — | — | +12.17% |
| Index27 index, same period | — | +7.50% | — | — | — | +11.78% |
| QMID price data to Oct 27, 2026 | +6.3% | +4.7% | — | — | — | +7.5% |
- Over the year to Oct 27, 2026, QMID returned +4.7%, 8th of 9 among similar funds.
- Its worst full calendar year was 2025 (+5.0%); its best was 2025 (+5.0%).
- The deepest fall in its price history was 24.4% (Nov 25, 2024 to Apr 8, 2025), recovered by Jan 15, 2026.
Show as a table
| Year | Price data | Prospectus (official) |
|---|---|---|
| 2026 (to date) | +6.3% | — |
| 2025 | +5.0% | +5.12% |
| 2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009 | Before this security existed |
|---|---|
| 2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020 | Before this security existed |
| 2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022 | Before this security existed |
Dividends and income
Show as a table
| Year | Per share | Change |
|---|---|---|
| 2025 | $0.1500 |
What's inside
As of Jun 30, 2026, the fund held 124 securities; the ten largest made up 12.82% of assets.
| Holding | Weight | |
|---|---|---|
| SOMNIGROUP INTERNATIONAL INC | 1.40% | |
| TENET HEALTHCARE CORP | 1.39% | |
| DYCOM INDUSTRIES INC | 1.33% | |
| TKO GROUP HOLDINGS INC | 1.29% | |
| NEUROCRINE BIOSCIENCES INC | 1.28% | |
| RALPH LAUREN CORP | 1.27% | |
| EVEREST GROUP LTD | 1.25% | |
| DICKS SPORTING GOODS INC | 1.20% | |
| DECKERS OUTDOOR CORP | 1.20% | |
| MEDPACE HOLDINGS INC | 1.20% | |
| DAVITA INC | 1.20% | |
| TOAST INC | 1.17% | |
| LINCOLN ELECTRIC HOLDINGS INC | 1.16% | |
| EXELIXIS INC | 1.13% | |
| LULULEMON ATHLETICA INC | 1.12% |
By country
United States 94.33%Bermuda 3.52%Ireland 1.61%Netherlands 0.42%By asset type
Stocks 99.89%What changed recently
- Over the three months to Jun 30, 2026, investors withdrew a net $8K (creations minus redemptions, per the N-PORT report).
- Monthly total returns reported for that quarter: +5.32%, +1.79%, +1.21%.
How it works
QMID aims to track the WisdomTree U.S. MidCap Quality Growth Index. WisdomTree, Inc. designed the index, and it is also the parent of the fund's adviser. To qualify, a company must list on a U.S. exchange and do its main business in the United States. It must be worth at least $100 million and trade at least $1 million of stock on a typical day. The index drops the 500 largest companies. It then keeps the top 60% of the rest by market value (share price times shares outstanding).
The remaining companies are scored half on growth and half on quality. Growth blends three-year sales growth (40%), three-year earnings growth (40%) and forecast earnings growth (20%). Quality averages three-year return on equity and return on assets. These measure how much profit a company earns on shareholders' money and on everything it owns. The top 30% are held by market value, and each is capped at 5% at every rebalance.
The index is rebuilt twice a year, and the prospectus reports 79% portfolio turnover, so holdings change often. The fund may hold a representative sample rather than every index stock. As of June 30, 2026, it owned 124 stocks and no derivatives. The 10 largest, led by Somnigroup International, Tenet Healthcare and Dycom Industries, made up just 12.8% of assets. Industrials, consumer discretionary and healthcare were each about 15% or more of the index.
What it really costs
- QMID charges 0.38% a year, versus an average of 0.25% for the similar funds below (8th of 9, cheapest first).
- Using the prospectus's standard example, $10,000 invested would cost about $39 in the first year and $480 over 10 years (assuming a 5% annual return).
| Cost of $10,000 (SEC example) | 1 yr | 3 yrs | 5 yrs | 10 yrs |
|---|---|---|---|---|
| QMID | $39 | $122 | $213 | $480 |
In a retirement portfolio
It offers a narrow, rules-based tilt toward growing, profitable mid-sized U.S. companies, but its record is short and its asset base is very small, so it fits a small side position more naturally than a core one.
QMID could add a tilt toward profitable, growing mid-sized U.S. companies alongside a broad core fund. It launched on January 25, 2024, so it has no history through the 2008, 2020 or 2022 sell-offs. Its only full calendar year, 2025, returned 5.12%. Its deepest fall was 24.4%, from November 25, 2024, to April 8, 2025. It took about 9.3 months to recover, regaining its peak on January 15, 2026. Anyone who had to sell shares near that low would have turned a temporary drop into a permanent loss.
Income is small. The yield over the prior 12 months was 0.5% as of October 27, 2026, and the fund pays once a year. On $10,000, the SEC's standard example puts costs at $39 for one year and $480 over 10 years. Past results don't predict future ones, and any plan is better judged on the whole portfolio than on one fund.
Who it may suit — and who should look elsewhere
May suit
- Investors wanting mid-sized U.S. companies screened for both growth and profitability, not just the growth tilt of S&P MidCap 400 Growth funds.
- Those who prefer a spread-out portfolio: 124 stocks as of June 30, 2026, with the 10 largest making up only 12.8% of assets.
- People holding a small satellite slice who could sit through falls like its 24.4% drop from November 2024 to April 2025.
Look elsewhere if
- Cost-conscious investors: its 0.38% fee ranked 8th of 9 among similar funds, against 0.10% for Vanguard S&P Mid-Cap 400 Growth ETF (IVOG).
- Anyone wary of tiny funds: net assets were about $2.2 million as of June 30, 2026, the smallest of nine comparable funds.
- Investors wanting a long record or steady income: it launched in January 2024 and yielded 0.5% as of October 27, 2026, paid annually.
Close alternatives
Matched by holdings overlap from the latest N-PORT reports.
| Fund | Overlap | Cost | Net assets | 1 yr | 3 yr |
|---|---|---|---|---|---|
| QMID this fund | — | 0.38% | $2.2M | +4.7% | — |
| FSGS First Trust SMID Growth Strength ETF | 28% | 0.6% | $28.5M | +4.5% | — |
| IVOG Vanguard S&P Mid-Cap 400 Growth ETF | 28% | 0.1% | $1.80B | +11.7% | +18.0% |
| IJK iShares S&P Mid-Cap 400 Growth ETF | 25% | 0.17% | $11.30B | +11.6% | +17.9% |
| MDYG SPDR S&P 400 Mid Cap Growth ETF | 25% | 0.15% | $2.92B | +11.7% | +17.9% |
| RFG Invesco S&P MidCap 400® Pure Growth ETF | 24% | 0.35% | $338.5M | +8.9% | +16.2% |
| XMHQ Invesco S&P MidCap Quality ETF | 23% | 0.25% | $5.44B | +11.2% | +18.2% |
| GRPM Invesco S&P MidCap 400 GARP ETF | 21% | 0.35% | $481.1M | +19.5% | +21.7% |
Questions investors ask
What does QMID invest in?
QMID owns mid-sized U.S. companies picked by the WisdomTree U.S. MidCap Quality Growth Index for strong sales and earnings growth plus high returns on equity and assets. As of June 30, 2026, it held 124 stocks. The largest were Somnigroup International, Tenet Healthcare, Dycom Industries, TKO Group and Neurocrine Biosciences, each about 1.3% to 1.4% of assets. The index had heavy exposure to industrials, consumer discretionary and healthcare, each roughly 15% or more of its weight.
How has QMID performed since it launched?
Modestly. In the year to December 31, 2025, QMID returned 5.12%, versus 5.51% for its own index and 7.46% for the S&P MidCap 400 Growth Index. From its launch on January 25, 2024, to that date, it averaged 7.77% a year, against 12.17% for the S&P index. Based on share price, it gained 4.7% in the year to October 27, 2026. Its deepest drop was 24.4%, from November 2024 to April 2025.
Does QMID pay dividends?
Yes, but very little, and only once a year. In the 12 months to October 27, 2026, it paid about $0.15 per share, a yield of 0.5%. Low payouts are common in growth-focused stock funds, because their companies tend to reinvest profits rather than pay them out. Anyone who needs regular retirement income would likely get it from other holdings or from selling shares, not from this fund's payouts.
What's the difference between QMID and IVOG?
The main differences are stock selection, cost and size. QMID uses WisdomTree's own index to screen mid-sized companies for growth and profitability. Vanguard S&P Mid-Cap 400 Growth ETF (IVOG), as its name says, follows S&P's MidCap 400 growth stocks. Their holdings overlap by about 28%. IVOG charges 0.10% a year versus 0.38% for QMID. It held about $1.8 billion as of August 31, 2026, against QMID's $2.2 million as of June 30, 2026. Over the year to October 27, 2026, IVOG returned 11.7% and QMID 4.7%.
What is QMID's expense ratio?
QMID's expense ratio, the yearly fee taken from fund assets, is 0.38%, according to its prospectus filed July 29, 2026. That is above the 0.25% average of eight similar funds. Only First Trust SMID Growth Strength ETF (FSGS), at 0.60%, costs more. In the SEC's standard example, $10,000 earning 5% a year would cost about $39 after one year, $213 after five and $480 after ten. Its 79% turnover can also add trading costs that the fee doesn't include.