Colin Cieszynski BMO S&P US Mid Cap Index ETF ZMID-T TOP PICK Nov 29, 2024

When you buy these, you're saying you want less emphasis on the Mag 7 and more on the other companies. You're saying mid-cap stocks are going to do better. At this point, he'd say the mid-cap sector is preferred. He's bullish on small caps in the shorter term, and mid-caps also benefit in that environment.

(Note the short timeframe.)  At the time, market was still in the post-election honeymoon, and the bull market was finally getting to the smaller names. Had a run, and then petered out. Enthusiasm changed on small- and mid-caps, and retrenched to large-cap defensives.