First Trust Indxx Medical Devices ETF (MDEV)
| Assets | $2.09M |
| Expense Ratio | 0.70% |
| PE Ratio | 28.23 |
| Shares Out | 100,002 |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| Volume | 378 |
| Open | 20.52 |
| Previous Close | 20.67 |
| Day's Range | 20.34 - 20.52 |
| 52-Week Low | 17.79 |
| 52-Week High | 22.44 |
| Beta | 1.04 |
| Holdings | 51 |
| Inception Date | Jun 22, 2021 |
About MDEV
Fund Home PageThe First Trust Indxx Medical Devices ETF (MDEV) is an exchange-traded fund that is based on the Indxx Global Medical Equipment index. The fund tracks an equal-weighted index that gives global exposure to the medical equipment industry. MDEV was launched on Jun 22, 2021 and is issued by First Trust.
Top 10 Holdings
22.76% of assets| Name | Symbol | Weight |
|---|---|---|
| Globus Medical, Inc. | GMED | 2.84% |
| Intuitive Surgical, Inc. | ISRG | 2.52% |
| Straumann Holding AG | STMN | 2.26% |
| Edwards Lifesciences Corporation | EW | 2.22% |
| Exact Sciences Corporation | EXAS | 2.22% |
| Waters Corporation | WAT | 2.18% |
| HOYA Corporation | 7741 | 2.17% |
| Align Technology, Inc. | ALGN | 2.12% |
| Merit Medical Systems, Inc. | MMSI | 2.12% |
| Thermo Fisher Scientific Inc. | TMO | 2.11% |
Performance
MDEV had a total return of -2.61% in the past year, including dividends. Since the fund's inception, the average annual return has been -4.86%.
News
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The healthcare sector has experienced one of its most significant de-ratings in 35 years, with valuations now at a 30% discount to the broader market. Healthcare trades at historical valuation discoun...
Seeking Stocks With Vitality In The Volatile Healthcare Sector
Investors cooled to the healthcare sector in 2024, which dramatically trailed global and US equity markets for the year. any investors are now asking: how will the policy changes under a new US admini...
First Trust Launches First Trust Indxx Medical Devices ETF
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“First Trust”), a leading exchange-traded fund (“ETF”) provider and asset manager, announced today that it has launched a new ETF, the First ...