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MDEVvsIBBQETF Comparison

ETF 1

MDEV

First Trust Indxx Medical Devices ETF

This fund is part of

Healthcare Technology

-0.67%

Full MDEV fund page

VS

ETF 2

IBBQ

Invesco Nasdaq Biotechnology ETF

This fund is part of

US Health Care

+0.03%

Full IBBQ fund page

First Trust Indxx Medical Devices ETF (MDEV) belongs to the Healthcare Technology segment. Invesco Nasdaq Biotechnology ETF (IBBQ) is part of the US Health Care segment. MDEV's top 1 sector exposures are Healthcare. In contrast, IBBQ's top sector exposures are Healthcare and Non-Energy Materials. MDEV is more expensive with a Total Expense Ratio (TER) of 0.7%, versus 0.19% for IBBQ. MDEV is up 6.22% year-to-date (YTD) with +$994K in YTD flows. IBBQ performs better with 28.61% YTD performance, and +$40M in YTD flows. Run a side-by-side ETF comparison of MDEV and IBBQ below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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MDEV vs IBBQ performance and flow charts

Performance

Cumulative Flows

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

Data Services

Historic performance and flows

Data as of 10/29/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	MDEV IBBQ	+6.16%+2.87%	+9.81%+11.44%	+6.22%+28.61%	+7.94%+38.59%	+36.93%+102.90%	-15.18%+49.34%
Flows	MDEV IBBQ	-+$11M	-+$37M	+$994K+$40M	+$994K+$56M	+$767K+$75M	-$26M+$53M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	MDEV IBBQ	+14.15%+25.69%	+16.02%+22.54%	+16.23%+21.19%	+19.20%+22.20%
Max drawdown	MDEV IBBQ	-6.88%-8.58%	-18.07%-8.58%	-20.26%-23.78%	-39.56%-34.86%
Max drawdown duration	MDEV IBBQ	57d72d	288d72d	637d375d	1821d1429d

Trading data

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	MDEV	IBBQ
Last sale 10/30/2026 at 1:30 PM	$21.85	$36.17
Previous close 10/29/2026	$22.24	$36.17
Consolidated volume 10/29/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of September 30, 2026

1-year trailing difference

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	MDEV	IBBQ
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/30/2026 at 1:30 PM

Live

Closed

	MDEV	IBBQ
Last price	$21.85	$36.17
1D performance	-1.78%	-0.01%
AuM	$3.35 M	$122.25 M
E/R	0.7%	0.19%

Characteristics

	MDEV	IBBQ
Management strategy	Passive	Passive
Provider	First Trust	Invesco
Benchmark	Indxx Global Medical Equipment Index	NASDAQ Biotechnology Index
N° of holdings	47	245
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	June 23, 2021	June 9, 2021
ESG	No	No

More MDEV data on Trackinsight

More IBBQ data on Trackinsight

Exposure

Countries

MDEV

USA

55.12%

Japan

8.7%

Other

36.18%

IBBQ

USA

88.6%

Other

11.4%

Sectors

MDEV

Healthcare

96.13%

Other

3.87%

IBBQ

Healthcare

99.99%

Other

0.01%

Diversification

MDEV

Total weight of top 15 holdings out of 15

39.6%

IBBQ

Total weight of top 15 holdings out of 15

54.02%

Top 15 holdings

Data as of September 30, 2026

MDEV

Revvity, Inc.

3.17%

WuXi AppTec Co., Ltd.

3.17%

Demant A/S

2.90%

Agilent Technologies, Inc.

2.76%

West Pharmaceutical Services, Inc.

2.70%

Baxter International, Inc.

2.63%

Sysmex Corp.

2.61%

DexCom, Inc.

2.57%

Waters Corp.

2.53%

Thermo Fisher Scientific, Inc.

2.49%

Sonova Holding AG

2.48%

Olympus Corp.

2.48%

Bio-Rad Laboratories, Inc.

2.43%

Merit Medical Systems, Inc.

2.41%

LivaNova Plc

2.27%

IBBQ

Gilead Sciences, Inc.

8.32%

Amgen, Inc.

7.78%

Vertex Pharmaceuticals, Inc.

7.75%

Moderna, Inc.

5.16%

Regeneron Pharmaceuticals, Inc.

4.98%

Revolution Medicines, Inc.

2.83%

Illumina, Inc.

2.69%

Alnylam Pharmaceuticals, Inc.

2.24%

Biogen, Inc.

2.21%

Roivant Sciences Ltd.

1.75%

argenx SE

1.74%

Royalty Pharma Plc

1.70%

Insmed, Inc.

1.68%

Incyte Corp.

1.66%

Guardant Health, Inc.

1.56%

Frequently asked questions about MDEV and IBBQ

How have the MDEV and IBBQ ETFs performed in 2026?

As of October 29, 2026, MDEV is up 6.22% year-to-date (YTD), while IBBQ has returned 28.61%. That puts IBBQ better performer ahead so far this year.

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

Year-to-date, the MDEV ETF saw +$994K in flows, compared to +$40M for IBBQ.

Which ETF is more volatile: MDEV or IBBQ?

Over the past year, MDEV had a volatility of 16.02%, while IBBQ experienced 22.54%.

Which ETF is bigger: MDEV or IBBQ?

As of October 29, 2026, MDEV holds $3.35 M in assets under management (AUM), while IBBQ manages $122.25 M.

What sectors do the MDEV and IBBQ ETFs invest in?

MDEV leans toward sectors like Healthcare. Meanwhile, IBBQ focuses on Healthcare.

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

MDEV top holdings include Revvity, Inc., WuXi AppTec Co., Ltd. and Demant A/S. IBBQ holds in its top three: Gilead Sciences, Inc., Amgen, Inc. and Vertex Pharmaceuticals, Inc..

MDEVvsIBBQETF Comparison

First Trust Indxx Medical Devices ETF

Invesco Nasdaq Biotechnology ETF

MDEV vs IBBQ performance and flow charts

Performance

Cumulative Flows

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

Countries

Sectors

Diversification

Top 15 holdings

How have the MDEV and IBBQ ETFs performed in 2026?

As of October 29, 2026, MDEV is up 6.22% year-to-date (YTD), while IBBQ has returned 28.61%. That puts IBBQ better performer ahead so far this year.

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

Year-to-date, the MDEV ETF saw +$994K in flows, compared to +$40M for IBBQ.

Which ETF is more volatile: MDEV or IBBQ?

Over the past year, MDEV had a volatility of 16.02%, while IBBQ experienced 22.54%.

Which ETF is bigger: MDEV or IBBQ?

As of October 29, 2026, MDEV holds $3.35 M in assets under management (AUM), while IBBQ manages $122.25 M.

What sectors do the MDEV and IBBQ ETFs invest in?

MDEV leans toward sectors like Healthcare. Meanwhile, IBBQ focuses on Healthcare.

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

MDEV top holdings include Revvity, Inc., WuXi AppTec Co., Ltd. and Demant A/S. IBBQ holds in its top three: Gilead Sciences, Inc., Amgen, Inc. and Vertex Pharmaceuticals, Inc..

Which ETF is more diversified: MDEV or IBBQ?

MDEV holds 47 securities with 39.6% of its assets in the top 15. IBBQ has 245 securities and a top 15 weight of 54.02%.

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