The Mid Cap Blend style ranks seventh out of the twelve fund styles detailed in our 4Q23 Style Ratings for ETFs and Mutual Funds report. Last quarter, the Mid Cap Blend style ranked tenth. The category receives our Neutral rating, which is based on aggregate ratings of 34 ETFs and 327 mutual funds in the Mid Cap Blend style as of October 17, 2023. See a recap of our 3Q23 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 19 to 2,559). This variation creates drastically different investment implications and, therefore, ratings.

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