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MDEVvsSLTYETF Comparison

ETF 1
MDEV

First Trust Indxx Medical Devices ETF

This fund is part of
Healthcare Technology
-0.08%
VS
ETF 2
SLTY

YieldMax Ultra Short Option Income Strategy ETF

This fund is part of
Alternatives
-0.34%

First Trust Indxx Medical Devices ETF (MDEV) belongs to the Healthcare Technology segment. YieldMax Ultra Short Option Income Strategy ETF (SLTY) is part of the Alternatives segment. MDEV's top 3 sector exposures are and Health Care. In contrast, SLTY's top sector exposures are and Consumer Discretionary.Communication Services, Industrials,  MDEV is less expensive with a Total Expense Ratio (TER) of 0.7%, versus 1.24% for SLTY. MDEV is down -10.01% year-to-date (YTD) with - in YTD flows. SLTY performs better with -4.29% YTD performance, and +$3M in YTD flows. Run a side-by-side ETF comparison of MDEV and SLTY 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 SLTY performance and flow charts

Performance

-5.00.05.0%Mar 27Apr 6Apr 13Apr 20Apr 27

Cumulative Flows

0 M1 M2 M3 M4 MMar 27Apr 6Apr 13Apr 20Apr 27

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

Historic performance and flows
Data as of 04/27/2026
1M3MYTD1Y3Y5Y
Perf.
MDEV
SLTY
+1.65%-6.31%
-11.11%+4.78%
-10.01%-4.29%
-5.11%n/a
-9.56%n/a
n/an/a
Flows
MDEV
SLTY
-+$3M
-+$6M
-+$3M
+$0K-
-$228K-
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
MDEV
SLTY
+16.63%+13.82%
+15.77%n/a
+15.86%n/a
n/an/a
Max drawdown
MDEV
SLTY
-12.55%-8.17%
-14.75%n/a
-22.71%n/a
n/an/a
Max drawdown duration
MDEV
SLTY
90d29d
111dn/a
307dn/a
n/an/a
Trading data

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MDEV
SLTY
Last sale
4/28/2026 at 1:30 PM
$18.61
$26.26
Previous close
04/28/2026
$18.90
$26.62
Consolidated volume
04/28/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of March 31, 2026
1-year trailing difference

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SLTY
is actively managed and doesn’t replicate an index

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MDEV
SLTY
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 4/28/2026 at 1:30 PM
Live
Closed
MDEV
SLTY
Last price
$18.61
$26.26
1D performance
-1.55%
-1.37%
AuM$1.89 M$19.96 M
E/R0.7%1.24%
Characteristics
MDEV
SLTY
Management strategyPassiveActive
ProviderFirst TrustYieldMax ETFs
BenchmarkIndxx Global Medical Equipment Index-
N° of holdings4724
Asset classEquities-
Trailing 12m distribution yield
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Inception dateJune 23, 2021August 21, 2025
ESGNoNo
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Exposure

Countries

MDEV
USA
60.07%
Japan
7.84%
Other
32.09%
SLTY
Data will be available soon

Sectors

MDEV
Health Care
93.19%
Other
6.81%
SLTY
Data will be available soon

Diversification

MDEV

Total weight of top 15 holdings out of 15

37.53%
SLTY
Data will be available soon

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%
SLTY
Data will be available soon
Frequently asked questions about MDEV and SLTY

How have the MDEV and SLTY ETFs performed in 2026?

As of April 27, 2026, MDEV is down -10.01% year-to-date (YTD), while SLTY has lost -4.29%. That puts SLTY better performer ahead so far this year.

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

Year-to-date, the MDEV ETF saw - in flows, compared to +$3M for SLTY.

Which ETF is bigger: MDEV or SLTY?

As of April 27, 2026, MDEV holds $1.89 M in assets under management (AUM), while SLTY manages $19.96 M.

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

MDEV top holdings include GLOBUS MEDICAL, ALIGN TECHNOLOGY and PENUMBRA. SLTY holds in its top three: US912797RG48, US912797RF64 and US912797RS85.

Which ETF is more diversified: MDEV or SLTY?

MDEV holds 48 securities with 37.53% of its assets in the top 15. SLTY has 30 securities and a top 15 weight of 51.67%.

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