MDEVFirst Trust Indxx Global Medical Devices ETF

Grow my money4y track recordRanked #2,672 of 2,960 in this goal

Seeks investment results that correspond generally to the price and yield of the Index.

By First Trust · Launched 2021

Annual Cost

0.70%

#3,529 of 5,562 · average

Fund Size

$2M

#5,352 of 5,562 · small

Return (1Y)Goal

-6.9%

Track Record

4 years

#2,402 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$9,308-6.9%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

Global

Cap

Multi cap

Strategy

Index tracking

Sector

Health care

Focus

Medical Devices

Index tracked

Indxx Medical Devices Index

What it actually holds

By weight

Concentration

Top 10 holdings = 24.3% of fund✓ well diversified

Exact Sciences Corp

3.3%

Globus Medical Inc

2.9%

Intuitive Surgical Inc

2.5%

Align Technology Inc

2.4%

Cooper Cos Inc/The

2.3%

Penumbra Inc

2.3%

GE HealthCare Technologies Inc

2.2%

Edwards Lifesciences Corp

2.2%

Waters Corp

2.2%

Sartorius Stedim Biotech

2.2%

Asset allocation

Stocks

99.6%

Cash

0.4%

By sector

Healthcare

100.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

16.1%Moderate

Year-on-year price swings

Max drawdown

-42.3%Severe

Worst peak-to-trough loss

Sharpe (3Y)

-0.34Below average

Sortino (3Y)

-0.48Moderate downside risk

Where to buy

Listing

Exchange: Cboe BZX

Full fund details

Objective: Seeks investment results that correspond generally to the price and yield of the Index.
Strategy: Invests primarily in securities that comprise the Indxx Medical Devices Index, using a full replication strategy. The Fund will generally invest in all securities in proportion to their weightings in the Index, which tracks companies in the medical equipment industry.
Inception date: June 22, 2021
Fund family: First Trust