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ETF screener

MDEV ETF · First Trust Indxx Medical Devices ETF

The MDEV Exchange Traded Fund (ETF) is provided by First Trust. It is built to track an index: Indxx Global Medical Equipment Index. The MDEV ETF provides physical exposure, so by buying it you actually own parts of all the 48 underlying holdings. This share class generates a stream of income by distributing dividends.
Last update Yesterday at 1:30 PM UTC
LIVE
CLOSED
This fund is part ofHealthcare Technology1M perf.+3.48%
Last price
$18.05
1M perf.
-7.96%
1M flows
N/A
AuM
€1.6M
TER
0.7%
Rating
ESG Consensus®
esg grade icon
MDEV
$18.05

Performance & flows

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February 13, 2026 → May 13, 2026
0-12-10-8-6-4-2024%MARAPRMAYMARAPRMAY
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MDEV
$18.11
-11.21%
Healthcare Technology
+0.29%

Historic performance and flows

1M3M1Y3Y5YMTDQTDYTD
Perf.
-7.96%
icon
-11.21%
icon
-11.72%
icon
-12.95%
icon
N/A
-2.53%
-4.97%
-13.92%
icon
Flows

Key fund info

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This ETF's jurisdiction country is not in your region (Europe and Middle East) · 
Main characteristics
CUSIP
33738R639
ISIN
US33738R6392
AuM
€1.6M
icon
TER
0.7%
icon
Replication rating
ESG Consensus®
esg grade icon
More details
NAV
5/13/2026
$18.11
1D NAV change
-0.71%
Dividend policy
Replication method
Direct (Physical)
Replication model
Full replication
No. of holdings
48
Inception date
6/23/2021
Jurisdiction
United States
Distribution
United States
Legal structure
Open-end Investment Company
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Product type
Asset class
Factors
N/A
Investment strategy
The First Trust Indxx Medical Devices ETF is an exchange-traded fund incorporated in the US. The Fund seeks investment results that correspond generally to the price and yield of an index called the Indxx Global Medical Equipment Index.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile

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Historical risk/return profile

3M1Y3Y5Y
Returns
-11.21%
icon
-11.72%
icon
-12.95%
icon
N/A
Volatility
Perf./Volatility
Max drawdown
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
More exposure metrics are available, exclusively in Trackinsight Enterprise

Exposure

Countries
USA
60.07%
Japan
7.84%
Switzerland
4.07%
Ireland
3.97%
France
3.69%
Denmark
3.56%
Germany
2.93%
China
2.39%
Unavailable
2.35%
Other
9.13%
Sectors
Health Care
93.19%
Unavailable
6.81%
Diversification
Total weight of top 15 holdings out of 48
Top 15 holdings
Data as of March 31, 2026
GLOBUS MEDICAL
ALIGN TECHNOLOGY
PENUMBRA
MASIMO
HOYA
WATERS
HOLOGIC
WUXI APPTEC CO LTD
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EDWARDS LIFESCIENCES
INTUITIVE SURGICAL
ALCON INC
US2166485019
FISHER PAYKEL
METTLER TOLEDO
US36266G1076
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More risk metrics are available, exclusively in Trackinsight Enterprise

Sustainability

Integrates ESG criteria
No
SDG

ESG Consensus® by Conser

Data as of February 27, 2026
Methodology

Our partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about MDEV ETF's sustainability, based on their methodology.

Learn more about Conser

ESG Consensus®
esg grade icon

ESG Consensus® is based on the Final Sustainability Grade, which itself consists of 10 grades. Our partner Conser calculates the exact grade, based on market intelligence, using their proprietary ESG Consensus® methodology.


MDEV’s has a Final Sustainability Grade of either B+, B, or B-.

This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.
Learn more about Trackinsight Enterprise
Holdings review
88.37% of holdings have positive scoring
14.05% of holdings have negative scoring
10.13%
48.08%
30.16%
12.50%
Consensus levels
Strong
Medium
Weak
More sustainability metrics are available, exclusively in Trackinsight Enterprise

Replication

Trackinsight replication rating:
1-year trailing difference
As of April 30, 2026
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MDEV
N/A
Replication quality
Calculated over 12m, as of April 30, 2026
Tracking error
Tracking difference
1-year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
Replication information
Index
Index ticker
Index dividend policy
Replication method
Replication model

Issuer

First Trust
First Trust ID Card
Number of funds
410
Total AuM
€229.33B
Expense ratio range
0.15% - 12.44%
Average expense ratio
0.8004%

Frequently asked questions about MDEV

What does First Trust Indxx Medical Devices ETF, MDEV, invest in?

MDEV is a Passive ETF. This ETF provides exposure to Equally Weighted Global Equities.

Which benchmark or index does MDEV replicate?

MDEV tracks the Indxx Global Medical Equipment Index NTR - USD, through a full replication replication method.

What is the Total Expense ratio (TER) of MDEV?

MDEV carries a total expense ratio (TER) of 0.7%, indicating the annual cost for holding the fund.

When was MDEV launched?

MDEV was introduced to the market on June 23, 2021. It trades on United States

Who is the ETF issuer of MDEV?

First Trust Indxx Medical Devices ETF, MDEV, is provided by First Trust. Learn more about First Trust here.

What is the current assets under management (AUM) of MDEV?

MDEV oversees €1.6M in assets as of May 13, 2026.

How has MDEV performed lately?

Based on data from May 13, 2026, MDEV returned -7.96% over the past month, -11.21% over the last three months and -13.92% year-to-date.

Does MDEV distribute dividends?

MDEV follows a distributing dividend policy, meaning it pays out income to investors.

What are the main country or region exposures of MDEV?

As of March 31, 2026, MDEV has significant geographic allocations in USA, Japan and Switzerland.

In which sector or theme does MDEV invest in?

As of March 31, 2026, MDEV focuses largely on Health Care.

How many securities does MDEV hold and how diversified is it?

As of March 31, 2026, MDEV holds 48 positions in its portfolio, with 37.53% of assets concentrated in its top 15 holdings.

What are the main positions in MDEV?

As of March 31, 2026, MDEV top three holdings include GLOBUS MEDICAL, ALIGN TECHNOLOGY and PENUMBRA.

What is the base currency of MDEV?

The base currency of MDEV is USD.

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