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Commentary (22 Apr 2024 @ 20:00):

To pursue its goal, the fund generally is fully invested in stocks included in the S&P MidCap 400Â® Index and in futures whose performance is tied to the index...

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Today's Volume	0.00
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Market Cap	1.73B
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BNY Mellon MidCap Index Correlation

10 Most Positive Correlations

10 Most Negative Correlations

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

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BNY Mellon MidCap Index

To pursue its goal, the fund generally is fully invested in stocks included in the S&P MidCap 400Â® Index and in futures whose performance is tied to the index. It generally invests in all 400 stocks in the S&P MidCap 400Â® Index in proportion to their weighting in the index. The S&P MidCap 400Â® Index is an unmanaged index of 400 common stocks of medium-size companies. The fund is non-diversified.