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MDEVvsFBTETF Comparison
First Trust Indxx Medical Devices ETF (MDEV) belongs to the Healthcare Technology segment. First Trust NYSE Arca Biotechnology Index Fund ETF (FBT) is part of the US Health Care segment. Both ETFs have the same top 3 sector exposures: and Health Care. MDEV is more expensive with a Total Expense Ratio (TER) of 0.7%, versus 0.54% for FBT. MDEV is down -9.65% year-to-date (YTD) with - in YTD flows. FBT performs better with -5.96% YTD performance, and +$1.10B in YTD flows. Run a side-by-side ETF comparison of MDEV and FBT below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
MDEV vs FBT performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | MDEV FBT | -7.17%-5.58% | -10.08%-7.34% | -9.65%-5.96% | -5.78%+15.04% | -1.29%+29.35% | n/a+20.07% |
| Flows | MDEV FBT | -+$11M | -+$1.10B | -+$1.10B | +$0K+$1.09B | -$228K+$639M | -+$246M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | MDEV FBT | +13.97%+22.00% | +18.29%+24.20% | +15.82%+19.85% | n/a+21.81% |
| Max drawdown | MDEV FBT | -13.00%-12.74% | -13.00%-14.81% | -23.75%-19.92% | n/a-29.98% |
| Max drawdown duration | MDEV FBT | 65d49d | 65d148d | 317d237d | n/a1243d |
MDEV | FBT | |
Last sale 3/12/2026 at 4:55 PM | $18.98 | $192.26 |
| Previous close 03/12/2026 | $19.37 | $193.57 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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MDEV | FBT | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
MDEV | FBT | |
|---|---|---|
| Last price | $18.98 | $192.26 |
| 1D performance | -2.01% | -0.68% |
| AuM | $1.90 M | $2.22 B |
| E/R | 0.7% | 0.54% |
MDEV | FBT | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | First Trust | First Trust |
| Benchmark | Indxx Global Medical Equipment Index | NYSE Arca Biotechnology Index |
| N° of holdings | 48 | 28 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | June 23, 2021 | June 19, 2006 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the MDEV and FBT ETFs performed in 2026?
As of March 12, 2026, MDEV is down -9.65% year-to-date (YTD), while FBT has lost -5.96%. That puts FBT better performer ahead so far this year.
Which ETF is attracting more investor money: MDEV or FBT?
Year-to-date, the MDEV ETF saw - in flows, compared to +$1.10B for FBT.
Which ETF is more volatile: MDEV or FBT?
Over the past year, MDEV had a volatility of 18.29%, while FBT experienced 24.2%.
Which ETF is bigger: MDEV or FBT?
As of March 12, 2026, MDEV holds $1.90 M in assets under management (AUM), while FBT manages $2.22 B.
What sectors do the MDEV and FBT ETFs invest in?
MDEV leans toward sectors like Health Care. Meanwhile, FBT focuses on Health Care.
What are the top holdings of the MDEV ETF and FBT ETF?
MDEV top holdings include EXACT SCIENCES, GLOBUS MEDICAL and PENUMBRA. FBT holds in its top three: MODERNA INC, GILEAD SCIENCES and ALKERMES.
Which ETF is more diversified: MDEV or FBT?
MDEV holds 49 securities with 35.61% of its assets in the top 15. FBT has 30 securities and a top 15 weight of 53.69%.
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