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›ETF Issuers›First Trust›MDEV

MDEV

First Trust Indxx Medical Devices ETF

Passive ETF Equity Theme: Healthcare Technology & Innovation

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 47 underlying holdings. This share class generates a stream of income by distributing dividends.

$21.37

-$0.023 (-0.11%) 2 days ago

1:30 PM 08/28/26 Closed

1D price range

$21.37$21.37

52W price range

$17.90$21.85

YTD Perf.

+2.01%

YTD Flows

Annualized volatility

Fund AuM

€2.8M

Share class AuM

€2.8M

TTM Yield

Tracking Error

Tracking Difference

Characteristics

ISIN

US33738R6392

TER

0.7%

Inception date

6/23/2021

Issuer

First Trust

Benchmark

Indxx Global Medical Equipment Index

Replication method

Dividend policy

Distributing

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API

PerformanceDec 31, 2025 - Aug 27, 2026

Flows

Join for free to unlock

Sector exposures

Data as of 07/31/26

Healthcare

95.98%

Unavailable

4.02%

Latest MDEV news

No content available for this fund

FAQ about MDEV

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

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

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

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

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

MDEV oversees €2.8M in assets as of August 27, 2026.

MDEV follows a distributing dividend policy, meaning it pays out income to investors. As of August 27, 2026, its 12-month trailing yield was 0.10%.

As of July 31, 2026, MDEV has significant geographic allocations in USA, Japan and Denmark.

As of July 31, 2026, MDEV focuses largely on Healthcare.

As of July 31, 2026, MDEV holds 47 positions in its portfolio, with 37.67% of assets concentrated in its top 15 holdings.

As of July 31, 2026, MDEV top three holdings include WuXi AppTec Co., Ltd., Baxter International, Inc. and Demant A/S.

The base currency of MDEV is USD.

Top 10 holdings

Data as of 07/31/26

WuXi AppTec Co., Ltd.

2.91%

Baxter International, Inc.

2.82%

Demant A/S

2.62%

DexCom, Inc.

2.57%

Olympus Corp.

2.55%

Sysmex Corp.

2.54%

Revvity, Inc.

2.53%

West Pharmaceutical Services, Inc.

2.51%

Agilent Technologies, Inc.

2.48%

Bio-Rad Laboratories, Inc.

2.46%

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