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First Trust Indxx Medical Devices ETF
MDEV performance and flow charts
Performance
Flows
Historic performance and flows
Data as of September 11, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | -5.81% | +7.02% | -3.82% | -2.09% | +6.50% | -25.68% |
| Flows | - | +$994K | +$994K | +$994K | +$767K | -$24M |
Characteristics
The First Trust Indxx Medical Devices ETF is built to track the Indxx Global Medical Equipment Index NTR - USD. This ETF provides physical exposure - by owning its shares you earn the return of the securities composing the index (as the ETF holds them directly). This share class generates a stream of income by distributing dividends.
| Management strategy | Passive |
| Strategy | Long Only |
| Provider | First Trust |
| N° of holdings | 47 |
| Replication method | Direct (Physical) |
| Asset class | Equity |
| Dividend policy | Distributing |
Trailing 12m distribution yield | Join for free |
| Inception date | June 23, 2021 |
| ESG | No |
More data and info about MDEV on Trackinsight
Exposure
Data as of July 31, 2026Diversification
Total weight of top 15 holdings out of 47
Top 15 Holdings
Sectors
Countries
Similar ETFs
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +17.18% | +16.30% | +16.37% | +19.25% |
Max drawdown | -6.88% | -18.07% | -20.26% | -41.66% |
Max drawdown duration | 19d | 248d | 589d | 1814d |
Time to recover | N/A | N/A | N/A | N/A |
Replication quality
Data as of August 31, 2026Create an account to view replication metrics
1 year cumulative return difference | |
|---|---|
| Best | Join for free |
| Worst | Join for free |
| daily return difference | |
|---|---|
| Average | Join for free |
| Worst | Join for free |
What type of ETF is MDEV?
MDEV is a Passive ETF that provides exposure to Equity assets. It is managed by First Trust.
What index does MDEV track?
MDEV tracks the Indxx Global Medical Equipment Index NTR - USD, aiming to replicate its performance through full replication.
What does MDEV invest in?
This ETF provides exposure to Equally Weighted Equities. It is part of the segment: Healthcare Technology.
What is the expense ratio of MDEV?
The total expense ratio (TER) of MDEV is 0.7%, representing the annual fee charged by the fund manager.
When was MDEV launched?
MDEV was launched on June 23, 2021, marking its entry into the ETF market.
Who is the issuer of MDEV?
MDEV is issued by First Trust.
What is the AUM of MDEV?
As of September 11, 2026, MDEV manages $3.03 M, reflecting the total assets held in the fund.
How has MDEV performed recently?
As of September 11, 2026, MDEV delivered a return of -5.81% over the past month (1M performance), 7.02% over the past three months (3M), and -3.82% year-to-date (YTD).
Does MDEV pay dividends?
As of September 11, 2026, MDEV has a trailing 12-month distribution yield of 0.11%.
How many holdings are in MDEV
As of July 31, 2026, MDEV holds 47 securities in its portfolio. This level of diversification can influence the fund’s risk profile and exposure to individual assets.
How diversified is MDEV?
As of July 31, 2026, MDEV holds 47 securities, with 37.67% of its assets concentrated in its top 15 holdings.
What are the top holdings of MDEV?
As of July 31, 2026, MDEV holds a portfolio of 47 underlyings, with its largest positions including WuXi AppTec Co., Ltd., Baxter International, Inc. and Demant A/S. These top holdings play a significant role in shaping the fund’s performance and exposure.
What countries or regions does MDEV invest in?
As of July 31, 2026, MDEV has its largest geographic exposures in USA and Japan.
What sectors or themes does MDEV focus on?
As of July 31, 2026, MDEV is primarily exposed to Healthcare.
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