Like middle children, it’s easy for mid-cap exchange traded funds (ETFs) to get lost in the shuffle between the larger and smaller corporations. But mid-caps have a role, too, and shouldn’t be neglected.

Mid-cap ETFs generally are intended to add diversification to a broader large-cap portfolio. On the spectrum of risk, mid-caps lie between small-caps and large-caps. [Mid-Cap ETFs: Take Your Pick.]

The simplest way to assess mid-cap’s prospects is by gauging its sector exposure relative to other asset classes, reports Will McClatchy for ETF Zone.

Mid-caps often find themselves as ideal for acquisition by larger corporations, giving shareholders the opportunity for some reward. That means that when you’re considering an investment in a mid-cap, the question is whether the stock has the potential to grow into a large-cap. [Why Mid-Cap Shares Have the Spotlight.]

If you’re looking to mid-cap ETFs, however, you’ve saved yourself some homework by letting the ETF providers do the legwork of selecting high-quality mid-cap corporations.

For more stories about mid-caps, visit our mid-cap category. To view all of the options in mid-cap ETFs and sort by performance, yield, assets and more, visit the ETF Analyzer. Some of the funds we noticed in there include:

  • Vanguard Mid-Cap ETF (NYSEArca: VO): up 7% in the last month
  • iShares S&P MidCap 400 (NYSEArca: IJH): up 7.2% in the last month
  • iShares Russell Midcap ETF (NYSEArca: IWR): up 7.1% in the last month
  • WisdomTree MidCap Dividend (NYSEArca: DON): up 6.5% in the last month

Tisha Guerrero contributed to this article.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.