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400X ETF · State Street SPDR S&P 400 U.S. Mid Cap Leaders UCITS ETF
The 400X Exchange Traded Fund (ETF) is provided by SPDR. It is built to track an index: S&P MidCap 400 Scored & Screened Leaders Index. The 400X ETF provides physical exposure, so by buying it you actually own parts of all the 174 underlying holdings. The dividend policy is capitalization.
Real-time data unavailable for 400X
LIVE
CLOSED
This fund is part ofUS Large & Mid Cap1M perf.-4.07%
Last price
N/A
1M perf.
-7.10%
1M flows
N/A
AuM
€4.1M
E/R
0.3%
Rating
Not rated
ESG Consensus®
400X
N/A
Performance & flows
Segment for quartile rank
December 12, 2025 → March 12, 2026
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400X
$10.41
-0.97%
US Large & Mid Cap
-2.28%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | -7.10%  | -0.97%  | N/A | N/A | N/A | -7.06% | +0.11% | +0.11% | |
| Flows |
Key fund info
Segment for quartile rank
Main characteristics
More details
NAV
3/12/2026
$10.41
1D NAV change
-2.03%
Dividend policy
Replication method
Direct (Physical)
Replication model
Full replication
No. of holdings
174
Inception date
9/29/2025
Jurisdiction
Ireland
Distribution
United Kingdom
Austria
Denmark
Ireland
Netherlands
Legal structure
Open-end Investment Company
Base currency
USD
Classification
Product type
Benchmark
S&P MidCap 400 Scored & Screened Leaders Index
Asset class
Factors
N/A
Investment strategy
The objective of the Fund is to track the U.S. equity market performance of mid cap equity securities.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Enterprise
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Risk profile
Segment for quartile rank
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | -0.97%  | N/A | N/A | N/A |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
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Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseExposure
Countries
USA
91.85%
Ireland
2.50%
Bermuda
2.07%
Singapore
1.57%
Other
2.01%
Sectors
Industrials
19.60%
Financials
16.70%
Information Technology
15.98%
Consumer Discretionary
12.20%
Health Care
9.21%
Real Estate
8.07%
Materials
6.60%
Consumer Staples
3.15%
Unavailable
2.13%
Other
6.37%
Diversification
Total weight of top 15 holdings out of 174
Top 15 holdings
Data as of January 31, 2026
CIENA
LUMENTUM HOLDINGS
FLEX LTD
ILLUMINA
PURE STORAGE
ENTEGRIS
UTD THERAPEUT
JONES LANG LASALLE
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TENET HEALTHCARE
BURLINGTON STORES
US FOODS HOLDING CORP
NVENT ELECTRIC PLC
ALCOA CORP
ROYAL GOLD
EAST WEST BANCORP
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Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseSustainability
Integrates ESG criteria
Yes
SDG
ESG Consensus® by Conser
Data as of December 31, 2025
MethodologyOur partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about 400X ETF's sustainability, based on their methodology.
ESG Consensus®
ESG Consensus® is based on the Final Sustainability Grade, which itself consists of 10 grades. Our partner Conser calculates the exact grade, based on market intelligence, using their proprietary ESG Consensus® methodology.
400X’s has a Final Sustainability Grade of either A+, A, or A-.
A+
A
A-
B+
B
B-
C+
C
C-
D
This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.
Learn more about Trackinsight EnterpriseHoldings review
89.35% of holdings have positive scoring
10.65% of holdings have negative scoring
39.16%
40.67%
9.52%
7.17%
Consensus levels
Strong
Medium
Weak
Built for professionals: access exclusive sustainability metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseReplication
Trackinsight replication rating:
Not rated
Replication quality
Calculated over 12m, as of February 27, 2026
Tracking error
Tracking difference
Replication information
Index
S&P MidCap 400 Scored & Screened Leaders NTR Index - USD
Index ticker
SPMESLUN Index
Index dividend policy
NTR
Replication method
Replication model
Built for professionals: access exclusive replication metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseIssuer
SPDR
SPDR ID Card
Number of funds
369
Total AuM
€1.75T
Expense ratio range
0.02% - 0.9%
Average expense ratio
0.2585%
Top 5 funds by SPDR
| AuM | ||
|---|---|---|
SPY | SPDR S&P 500 ETF Trust | €578.12B |
GLD | SPDR Gold Shares ETF | €155.9B |
SPYM | State Street SPDR Portfolio S&P 500 ETF | €91.09B |
XLK | State Street Technology Select Sector SPDR ETF | €75.8B |
XLF | State Street Financial Select Sector SPDR ETF | €39.54B |
Frequently asked questions about 400X
What does State Street SPDR S&P 400 U.S. Mid Cap Leaders UCITS ETF, 400X, invest in?
400X is a Passive ETF. This ETF provides exposure to Mid Cap US Equities.
Which benchmark or index does 400X replicate?
400X tracks the S&P MidCap 400 Scored & Screened Leaders NTR Index - USD, through a full replication replication method.
What is the Total Expense ratio (TER) of 400X?
400X carries a total expense ratio (TER) of 0.3%, indicating the annual cost for holding the fund.
When was 400X launched?
400X was introduced to the market on September 29, 2025. It trades on United Kingdom, among other exchanges
Who is the ETF issuer of 400X?
State Street SPDR S&P 400 U.S. Mid Cap Leaders UCITS ETF, 400X, is provided by SPDR. Learn more about SPDR here.
What is the current assets under management (AUM) of 400X?
400X oversees €4.1M in assets as of March 12, 2026.
How has 400X performed lately?
Based on data from March 12, 2026, 400X returned -7.10% over the past month, -0.97% over the last three months and 0.11% year-to-date.
Does 400X distribute dividends?
400X follows a capitalizing, meaning it reinvests income within the fund.
What are the main country or region exposures of 400X?
As of January 31, 2026, 400X has significant geographic allocations in USA, Ireland and Bermuda.
In which sector or theme does 400X invest in?
As of January 31, 2026, 400X focuses largely on Industrials, Financials and Information Technology.
How many securities does 400X hold and how diversified is it?
As of January 31, 2026, 400X holds 174 positions in its portfolio, with 21.61% of assets concentrated in its top 15 holdings.
What are the main positions in 400X?
As of January 31, 2026, 400X top three holdings include CIENA, LUMENTUM HOLDINGS and FLEX LTD.
What is the base currency of 400X?
The base currency of 400X is USD.
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