First Trust Indxx Medical Devices ETF (MDEV)
| Assets | $2.10M |
| Expense Ratio | 0.70% |
| PE Ratio | 28.86 |
| 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 | 32 |
| Open | 21.24 |
| Previous Close | 21.20 |
| Day's Range | 21.24 - 21.24 |
| 52-Week Low | 17.79 |
| 52-Week High | 22.44 |
| Beta | 1.04 |
| Holdings | 54 |
| 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
24.16% of assets| Name | Symbol | Weight |
|---|---|---|
| Exact Sciences Corporation | EXAS | 3.30% |
| Globus Medical, Inc. | GMED | 2.97% |
| Intuitive Surgical, Inc. | ISRG | 2.48% |
| Align Technology, Inc. | ALGN | 2.40% |
| GE HealthCare Technologies Inc. | GEHC | 2.23% |
| Waters Corporation | WAT | 2.21% |
| The Cooper Companies, Inc. | COO | 2.18% |
| Edwards Lifesciences Corporation | EW | 2.14% |
| Revvity, Inc. | RVTY | 2.13% |
| Sartorius Stedim Biotech S.A. | DIM | 2.12% |
Performance
MDEV had a total return of -1.13% in the past year, including dividends. Since the fund's inception, the average annual return has been -3.87%.
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
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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 ...