MDEVvsIHFETF Comparison
VS
First Trust Indxx Medical Devices ETF (MDEV) belongs to the Healthcare Technology segment. iShares U.S. Healthcare Providers ETF (IHF) 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 0.38% for IHF. MDEV is down -11.2% year-to-date (YTD) with - in YTD flows. IHF performs better with 1.34% YTD performance, and +$31M in YTD flows. Run a side-by-side ETF comparison of MDEV and IHF 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 IHF performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 04/28/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | MDEV IHF | +0.21%+18.09% | -11.20%+6.35% | -11.20%+1.34% | -6.36%-1.82% | -11.36%-3.70% | n/a-4.33% |
| Flows | MDEV IHF | -+$17M | -+$11M | -+$31M | +$0K+$150M | -$228K-$335M | --$290M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | MDEV IHF | +16.66%+17.88% | +15.79%+22.53% | +15.87%+19.11% | n/a+19.00% |
| Max drawdown | MDEV IHF | -11.47%-11.13% | -14.75%-19.68% | -22.71%-29.86% | n/a-29.86% |
| Max drawdown duration | MDEV IHF | 90d63d | 112d184d | 307d603d | n/a603d |
Trading data
MDEV | IHF | |
Last sale 4/30/2026 at 1:30 PM | $18.52 | $48.25 |
| Previous close 04/29/2026 | $18.14 | $48.43 |
| Consolidated volume 04/29/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of April 29, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
MDEV | IHF | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 4/30/2026 at 1:30 PM
Live
Closed
MDEV | IHF | |
|---|---|---|
| Last price | $18.52 | $48.25 |
| 1D performance | +2.10% | -0.37% |
| AuM | $1.87 M | $779.92 M |
| E/R | 0.7% | 0.38% |
Characteristics
MDEV | IHF | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | First Trust | iShares |
| Benchmark | Indxx Global Medical Equipment Index | Dow Jones U.S. Select Health Care Providers Index |
| N° of holdings | 47 | 53 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | June 23, 2021 | May 1, 2006 |
| ESG | No | No |
Advertisement
Exposure
Countries
MDEV
USA
60.07%
Japan
7.84%
Other
32.09%
IHF
USA
99.96%
Other
0.04%
Sectors
MDEV
Health Care
93.19%
Other
6.81%
IHF
Health Care
93.22%
Other
6.78%
Advertisement
Diversification
MDEV
Total weight of top 15 holdings out of 15
37.53%
IHF
Total weight of top 15 holdings out of 15
83.65%
Top 15 holdings
Data as of March 31, 2026
MDEV
GLOBUS MEDICAL
3.36%
ALIGN TECHNOLOGY
2.98%
PENUMBRA
2.74%
MASIMO
2.67%
HOYA
2.67%
WATERS
2.43%
HOLOGIC
2.42%
WUXI APPTEC CO LTD
2.39%
EDWARDS LIFESCIENCES
2.38%
INTUITIVE SURGICAL
2.33%
ALCON INC
2.27%
US2166485019
2.26%
FISHER PAYKEL
2.23%
US36266G1076
2.20%
METTLER TOLEDO
2.20%
IHF
UNITEDHEALTH GRP
22.47%
CVS HEALTH CORP
12.80%
HCA HEALTHCARE
8.98%
CIGNA
4.85%
ELEVANCE HEALTH INC
4.79%
VEEVA SYSTEMS IN
4.45%
US5049221055
4.01%
QUEST DIAGNOSTICS
3.91%
HUMANA
3.79%
TENET HEALTHCARE
3.01%
CENTENE
2.77%
GUARDANT HEALTH INC
2.16%
ENSIGN GROUP
2.11%
UNIVERSAL HEALTH SERVICES
1.79%
ENCOMPASS HEALTH CORP
1.76%
Frequently asked questions about MDEV and IHF
How have the MDEV and IHF ETFs performed in 2026?
As of April 28, 2026, MDEV is down -11.2% year-to-date (YTD), while IHF has returned 1.34%. That puts IHF better performer ahead so far this year.
Which ETF is attracting more investor money: MDEV or IHF?
Year-to-date, the MDEV ETF saw - in flows, compared to +$31M for IHF.
Which ETF is more volatile: MDEV or IHF?
Over the past year, MDEV had a volatility of 15.79%, while IHF experienced 22.53%.
Which ETF is bigger: MDEV or IHF?
As of April 28, 2026, MDEV holds $1.87 M in assets under management (AUM), while IHF manages $779.92 M.
What sectors do the MDEV and IHF ETFs invest in?
MDEV leans toward sectors like Health Care. Meanwhile, IHF focuses on Health Care.
What are the top holdings of the MDEV ETF and IHF ETF?
MDEV top holdings include GLOBUS MEDICAL, ALIGN TECHNOLOGY and PENUMBRA. IHF holds in its top three: UNITEDHEALTH GRP, CVS HEALTH CORP and HCA HEALTHCARE.
Which ETF is more diversified: MDEV or IHF?
MDEV holds 48 securities with 37.53% of its assets in the top 15. IHF has 61 securities and a top 15 weight of 83.65%.
Advertisement
Latest news about MDEV & IHF
Healthcare Stocks Drop on Medicare Payment Rate Surprise
April 8, 2024
IHF
Investing in the Aging Demographics Megatrend
February 28, 2023
IHF
Advertisement
Advertisement
