DIVP vs. MDEV ETF Comparison
Comparison of Cullen Enhanced Equity Income ETF (DIVP) to First Trust Indxx Medical Devices ETF (MDEV)
DIVP
Cullen Enhanced Equity Income ETF
DIVP Description
DIVP invests in large- and mid-cap value stocks that generally have higher dividend yield than the average of the funds US benchmark. The fund identifies value stocks that have low price-to-earnings ratio with above-average earnings and dividend growth potential. Companies are screened using fundamental research. The fund may invest up to 30% in non-US companies in the form of ADRs. While the portfolio is not rebalanced systematically, weighting is roughly equal to avoid overweighting of individual securities. To generate additional income, the fund selectively writes covered call options with a target range of between 25-40%. However, the covered call overlay limits participation in potential gains if shares increase in value. The adviser may sell stocks that are no longer viewed as attractive based on growth potential, dividend yield, or price. As an actively managed ETF, the fund manager has full discretion to make buy, hold, or sell decisions at any time.
Grade (RS Rating)
Last Trade
$26.90
Average Daily Volume
1,551
32
MDEV
First Trust Indxx Medical Devices ETF
MDEV Description
First Trust Exchange-Traded Fund VI - First Trust Indxx Medical Devices ETF is an exchange traded fund launched and managed by First Trust Advisors L.P. The fund invests in the public equity markets across the globe. It invests in the stocks of companies operating in the medical devices industry that includes companies that focus on developing equipment, instruments, and machines to diagnose, monitor, and treat diseases. The fund invests in growth and value stocks of companies across diversified market capitalizations. It replicates the performance of the Indxx Global Medical Equipment Index, by using full replication technique. First Trust Exchange-Traded Fund VI - First Trust Indxx Medical Devices ETF is domiciled in the United States.Grade (RS Rating)
Last Trade
$21.01
Average Daily Volume
268
29
Performance
| Period | DIVP | MDEV |
|---|---|---|
| 30 Days | 1.33% | -3.60% |
| 60 Days | 1.78% | -3.32% |
| 90 Days | 3.75% | -0.31% |
| 12 Months | 13.86% |
DIVP Overweight 30 Positions Relative to MDEV
| Symbol | Grade | Weight | |
|---|---|---|---|
| CSCO | B | 4.46% | |
| EOG | A | 4.39% | |
| BMY | B | 4.1% | |
| VICI | C | 3.83% | |
| DUK | C | 3.6% | |
| PPL | A | 3.6% | |
| CVX | A | 3.51% | |
| PM | B | 3.47% | |
| C | A | 3.35% | |
| TFC | A | 3.34% | |
| BAC | A | 3.33% | |
| KVUE | A | 3.28% | |
| CAG | F | 3.25% | |
| VZ | C | 3.24% | |
| CMCSA | B | 3.23% | |
| XOM | B | 3.22% | |
| MRK | D | 3.12% | |
| SYY | D | 2.92% | |
| RTX | D | 2.89% | |
| DOC | C | 2.86% | |
| MO | A | 2.73% | |
| IBM | C | 2.62% | |
| JCI | B | 2.55% | |
| JPM | A | 2.41% | |
| TRV | B | 2.21% | |
| DOW | F | 2.1% | |
| GD | D | 2.03% | |
| RIO | D | 1.81% | |
| GPC | D | 1.81% | |
| UPS | C | 1.75% |
DIVP Underweight 27 Positions Relative to MDEV
| Symbol | Grade | Weight | |
|---|---|---|---|
| PEN | B | -2.45% | |
| WST | C | -2.44% | |
| GMED | A | -2.44% | |
| MASI | B | -2.42% | |
| PODD | C | -2.39% | |
| ISRG | A | -2.36% | |
| DXCM | C | -2.3% | |
| SYK | B | -2.29% | |
| ZBH | C | -2.24% | |
| WAT | C | -2.24% | |
| BIO | C | -2.22% | |
| BSX | A | -2.14% | |
| ALGN | D | -2.12% | |
| ABT | B | -2.11% | |
| EW | C | -2.07% | |
| HOLX | D | -2.07% | |
| STE | D | -2.07% | |
| RMD | C | -2.05% | |
| BDX | F | -2.04% | |
| RVTY | F | -2.03% | |
| GEHC | D | -1.94% | |
| A | D | -1.93% | |
| TMO | F | -1.91% | |
| DHR | F | -1.89% | |
| MTD | F | -1.8% | |
| TFX | F | -1.72% | |
| EXAS | D | -1.53% |
DIVP: Top Represented Industries & Keywords
MDEV: Top Represented Industries & Keywords
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