Keep tabs on your favorite ETFs with a personalized weekly tracker. Create a Watchlist now →
MDEVvsFXHETF Comparison
First Trust Indxx Medical Devices ETF (MDEV) belongs to the Healthcare Technology segment. First Trust Health Care AlphaDEX Fund ETF (FXH) 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 0.61% for FXH. MDEV is down -9.65% year-to-date (YTD) with - in YTD flows. FXH performs better with -4.88% YTD performance, and -$40M in YTD flows. Run a side-by-side ETF comparison of MDEV and FXH 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 FXH performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | MDEV FXH | -7.17%-4.48% | -10.08%-5.96% | -9.65%-4.88% | -5.78%+5.66% | -1.29%+6.29% | n/a+2.41% |
| Flows | MDEV FXH | --$17M | --$40M | --$40M | +$0K-$160M | -$228K-$708M | --$511M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | MDEV FXH | +13.97%+13.98% | +18.29%+18.35% | +15.82%+15.06% | n/a+16.53% |
| Max drawdown | MDEV FXH | -13.00%-9.26% | -13.00%-11.60% | -23.75%-18.79% | n/a-29.40% |
| Max drawdown duration | MDEV FXH | 65d64d | 65d143d | 317d490d | n/a1648d |
MDEV | FXH | |
Last sale 3/12/2026 at 1:30 PM | $18.96 | $107.93 |
| Previous close 03/12/2026 | $19.37 | $108.23 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Create an account to view replication metrics
MDEV | FXH | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
MDEV | FXH | |
|---|---|---|
| Last price | $18.96 | $107.93 |
| 1D performance | -2.13% | -0.28% |
| AuM | $1.90 M | $854.71 M |
| E/R | 0.7% | 0.61% |
MDEV | FXH | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | First Trust | First Trust |
| Benchmark | Indxx Global Medical Equipment Index | StrataQuant Health Care Index |
| N° of holdings | 48 | 71 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | June 23, 2021 | May 8, 2007 |
| 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 FXH ETFs performed in 2026?
As of March 12, 2026, MDEV is down -9.65% year-to-date (YTD), while FXH has lost -4.88%. That puts FXH better performer ahead so far this year.
Which ETF is attracting more investor money: MDEV or FXH?
Year-to-date, the MDEV ETF saw - in flows, compared to -$40M for FXH.
Which ETF is more volatile: MDEV or FXH?
Over the past year, MDEV had a volatility of 18.29%, while FXH experienced 18.35%.
Which ETF is bigger: MDEV or FXH?
As of March 12, 2026, MDEV holds $1.90 M in assets under management (AUM), while FXH manages $854.71 M.
What sectors do the MDEV and FXH ETFs invest in?
MDEV leans toward sectors like Health Care. Meanwhile, FXH focuses on Health Care.
What are the top holdings of the MDEV ETF and FXH ETF?
MDEV top holdings include EXACT SCIENCES, GLOBUS MEDICAL and PENUMBRA. FXH holds in its top three: ORGANON & CO, PFIZER and CARDINAL HEALTH.
Which ETF is more diversified: MDEV or FXH?
MDEV holds 49 securities with 35.61% of its assets in the top 15. FXH has 75 securities and a top 15 weight of 33.8%.
Active Trader Report: Use of Leveraged & Inverse ETFs Way Up
Direxion partnered with Compound Insights and Vanda to explore what’s driving the evolution of active trading — and how active traders are using leveraged and inverse funds across equities, single stocks, commodities, and volatility.
