The Mid Cap Blend style ranks tenth out of the twelve fund styles detailed in our 3Q23 Style Ratings for ETFs and Mutual Funds report. Last quarter, the Mid Cap Blend style ranked ninth. The category receives our Unattractive rating, which is based on aggregate ratings of 32 ETFs and 345 mutual funds in the Mid Cap Blend style as of July 14, 2023. See a recap of our 2Q23 Style Ratings here.

Figures 1 and 2 show the five best and worst rated ETFs and mutual funds in the style. Not all Mid Cap Blend style ETFs and mutual funds are created equal. The number of holdings varies widely (from 26 to 2,559). This variation creates drastically different investment implications and, therefore, ratings.

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