Open Now: The Global ETF Survey Take the Survey →

Advertisement
Advertisement

MDEVvsFHLCETF Comparison

ETF 1
MDEV

First Trust Indxx Medical Devices ETF

This fund is part of
Healthcare Technology
+0.36%
VS
ETF 2
FHLC

Fidelity MSCI Health Care Index ETF

This fund is part of
US Health Care
-0.35%

First Trust Indxx Medical Devices ETF (MDEV) belongs to the Healthcare Technology segment. Fidelity MSCI Health Care Index ETF (FHLC) 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 0.084% for FHLC. MDEV is down -12.2% year-to-date (YTD) with - in YTD flows. FHLC performs better with -1.53% YTD performance, and +$224M in YTD flows. Run a side-by-side ETF comparison of MDEV and FHLC below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

Find out how industry players manage ETF portfolios.  Discover our library of Model portfolios

MDEV vs FHLC performance and flow charts

Performance

0.01.02.03.04.05.06.0%May 18May 25Jun 1Jun 8Jun 15

Cumulative Flows

0 M5 M10 M15 M20 M25 M30 M35 MMay 18May 25Jun 1Jun 8Jun 15

Get all the metrics on this page, and more, through a reliable ETF data feed

Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 06/17/2026
1M3MYTD1Y3Y5Y
Perf.
MDEV
FHLC
+0.90%+3.93%
-3.77%+2.25%
-12.20%-1.53%
-7.89%+16.87%
-11.07%+20.86%
n/a+23.96%
Flows
MDEV
FHLC
-+$25M
-+$113M
-+$224M
+$0K+$223M
-$228K-$413M
--$62M
Volatility and drawdown
3M1Y3Y5Y
Volatility
MDEV
FHLC
+17.92%+16.17%
+15.91%+14.69%
+16.06%+14.04%
n/a+15.05%
Max drawdown
MDEV
FHLC
-10.88%-4.21%
-18.07%-10.35%
-22.64%-16.88%
n/a-17.78%
Max drawdown duration
MDEV
FHLC
59d32d
162d161d
223d435d
n/a762d
Trading data

Create an account to view trading data

Join for free
MDEV
FHLC
Last sale
6/18/2026 at 1:30 PM
$18.62
$72.22
Previous close
06/18/2026
$18.44
$72.87
Consolidated volume
06/18/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of May 29, 2026
1-year trailing difference

Create an account to view replication metrics

Join for free

Create an account to view replication quality

Join for free
MDEV
FHLC
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
Advertisement
Main metrics
Last update 6/18/2026 at 1:30 PM
Live
Closed
MDEV
FHLC
Last price
$18.62
$72.22
1D performance
+0.94%
-0.89%
AuM$1.85 M$3.01 B
E/R0.7%0.084%
Characteristics
MDEV
FHLC
Management strategyPassivePassive
ProviderFirst TrustFidelity
BenchmarkIndxx Global Medical Equipment IndexMSCI USA IMI Health Care 25/50 Index
N° of holdings47281
Asset classEquities-
Trailing 12m distribution yield
Join
Join
Inception dateJune 23, 2021October 21, 2013
ESGNoNo
Advertisement
Exposure

Countries

MDEV
USA
56.19%
Japan
8%
Other
35.81%
FHLC
USA
96.36%
Other
3.64%

Sectors

MDEV
Health Care
91.59%
Other
8.41%
FHLC
Health Care
97.13%
Other
2.87%
Advertisement

Diversification

MDEV

Total weight of top 15 holdings out of 15

32.25%
FHLC

Total weight of top 15 holdings out of 15

59.56%

Top 15 holdings

Data as of April 30, 2026
MDEV
WEST PHARM SVCS
2.45%
EDWARDS LIFESCIENCES
2.25%
DEMANT
2.20%
ALIGN TECHNOLOGY
2.16%
TELEFLEX
2.15%
WUXI APPTEC CO LTD
2.15%
OLYMPUS
2.14%
CARL ZEISS MEDITEC
2.13%
INTUITIVE SURGICAL
2.13%
GLOBUS MEDICAL
2.11%
BAXTER INTL
2.10%
MASIMO
2.09%
AGILENT TECHNOLOGIES
2.08%
PENUMBRA
2.06%
LEMAITRE VASCULAR
2.05%
FHLC
LILLY
11.43%
JOHNSON&JOHNSON
8.89%
ABBVIE
5.71%
UNITEDHEALTH GRP
5.26%
MERCK & CO INC
4.48%
AMGEN-T
3.00%
THERMO FISHER SCIENTIFIC
2.88%
INTUITIVE SURGICAL
2.73%
ABBOTT LABS
2.64%
GILEAD SCIENCES
2.60%
PFIZER
2.49%
BRISTOL-MYERS SQUIBB
1.93%
DANAHER
1.88%
STRYKER
1.85%
VERTEX PHARMACEUTICALS
1.77%
Frequently asked questions about MDEV and FHLC

How have the MDEV and FHLC ETFs performed in 2026?

As of June 17, 2026, MDEV is down -12.2% year-to-date (YTD), while FHLC has lost -1.53%. That puts FHLC better performer ahead so far this year.

Which ETF is attracting more investor money: MDEV or FHLC?

Year-to-date, the MDEV ETF saw - in flows, compared to +$224M for FHLC.

Which ETF is more volatile: MDEV or FHLC?

Over the past year, MDEV had a volatility of 15.91%, while FHLC experienced 14.69%.

Which ETF is bigger: MDEV or FHLC?

As of June 17, 2026, MDEV holds $1.85 M in assets under management (AUM), while FHLC manages $3.01 B.

What sectors do the MDEV and FHLC ETFs invest in?

MDEV leans toward sectors like Health Care. Meanwhile, FHLC focuses on Health Care.

What are the top holdings of the MDEV ETF and FHLC ETF?

MDEV top holdings include WEST PHARM SVCS, EDWARDS LIFESCIENCES and DEMANT. FHLC holds in its top three: LILLY, JOHNSON&JOHNSON and ABBVIE.

Which ETF is more diversified: MDEV or FHLC?

MDEV holds 48 securities with 32.25% of its assets in the top 15. FHLC has 336 securities and a top 15 weight of 59.56%.

Advertisement
Advertisement
Advertisement
ETF Comparison Tool

Have you tried our ETF Compare tool?

Compare ETFs like a pro. Analyze fees, performance, exposure & holdings side-by-side.