WisdomTree U.S. MidCap Quality Growth Fund
QMID
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 250 West 34th Street, 3rd Floor New York NY United States of America 10119
- IPO Date
- Jan 25, 2024
- Website
- wisdomtree.com
- Similar Companies
- Business
- WisdomTree U.S. MidCap Quality Growth Fund (QMID) is an exchange-traded fund that seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. MidCap Quality Growth Index, providing investors with exposure to U.S. mid-market capitalization companies exhibiting strong quality and growth characteristics; the fund combines quality factors, such as three-year return on equity and return on assets, with growth metrics including 80% historical three-year sales and earnings growth and 20% estimated one-year earnings growth; it maintains a market cap-weighted portfolio primarily in mid-cap equities (approximately 51% mid-cap, 49% large-cap as of mid-2025), with key portfolio metrics including a dividend yield of 0.61%, price/earnings ratio of 23.36, and net buyback yield of 2.52%. The fund, which lists on NASDAQ with CUSIP 97717Y444 and an expense ratio of 0.38%, targets institutional and retail investors seeking high-conviction mid-cap growth allocations that emphasize profitability over broader market or value-oriented strategies. QMID operates within the U.S. equity mid-cap growth segment, with country allocation heavily weighted toward the United States (95.35%) and minor exposures to Ireland, the United Kingdom, Bermuda, and Thailand. Launched on January 25, 2024, and managed by a team including Marlene Walker-Smith, David France, Todd Frysinger, Vlasta Sheremeta, and Michael Stoll at WisdomTree Asset Management, Inc., the fund is issued by WisdomTree, Inc., a New York-headquartered global financial innovator founded in 1985 that sponsors over 79 exchange-traded funds and products across equities, fixed income, currency, and alternatives, with approximately $128.5 billion in assets under management as of 2025. WisdomTree maintains operations in North America (New York headquarters), EMEA (London, Dublin, Milan, Israel), and South America (Mexico), licensing its proprietary indexes to third parties and offering platforms for 401(k) plans and tokenized assets. In recent developments, WisdomTree, the issuer of QMID, completed its transformative acquisition of Ceres Partners, LLC, in October 2025, marking entry into private asset markets with approximately $1.85 billion in U.S. farmland assets across 545 properties in 12 states, predominantly the Midwest; this deal, valued at $275 million upfront with up to $225 million earn-out by 2030, diversifies WisdomTree's offerings into inflation-hedged, low-volatility real assets adjacent to solar, AI data infrastructure, and water opportunities, accretive from day one and supporting long-term margin expansion. The acquisition aligns with WisdomTree's Q2 2025 record assets under management of $126.1 billion and $112.6 million in revenue, driven by $3.5 billion in net inflows, while QMID itself underwent routine index reconstitutions in line with WisdomTree's rules-based methodology, including quarterly screens for components in related U.S. quality growth indexes. These strategic moves position QMID within WisdomTree's broader evolution toward a next-generation platform blending public ETPs, private markets, managed models, and tokenization.