MDEV vs. FBT ETF Comparison
Comparison of First Trust Indxx Medical Devices ETF (MDEV) to First Trust Amex Biotech Index Fund (FBT)
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
$20.10
Average Daily Volume
1,155
29
FBT
First Trust Amex Biotech Index Fund
FBT Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NYSE Arca Biotechnology Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is an equal-dollar weighted index designed to measure the performance of a cross section of companies in the biotechnology industry that are primarily involved in the use of biological processes to develop products or provide services. The fund is non-diversified.Grade (RS Rating)
Last Trade
$147.00
Average Daily Volume
25,589
30
Performance
| Period | MDEV | FBT |
|---|---|---|
| 30 Days | -5.22% | -5.19% |
| 60 Days | -3.01% | -5.51% |
| 90 Days | -1.06% | -2.87% |
| 12 Months | -4.25% | -4.12% |
MDEV Overweight 26 Positions Relative to FBT
| Symbol | Grade | Weight | |
|---|---|---|---|
| BSX | A | 2.2% | |
| DHR | B | 2.09% | |
| TMO | B | 2.07% | |
| DXCM | D | 2.07% | |
| SWAV | A | 2.05% | |
| GEHC | D | 2.04% | |
| BAX | C | 2.04% | |
| RMD | A | 2.02% | |
| STE | D | 2.02% | |
| MDT | C | 2.02% | |
| SYK | D | 2.01% | |
| BDX | F | 2.0% | |
| HOLX | A | 2.0% | |
| MASI | D | 2.0% | |
| ISRG | C | 1.99% | |
| GMED | D | 1.99% | |
| EW | D | 1.99% | |
| A | C | 1.98% | |
| ABT | D | 1.98% | |
| ALGN | F | 1.97% | |
| TFX | D | 1.97% | |
| WST | D | 1.97% | |
| PEN | D | 1.93% | |
| ZBH | D | 1.93% | |
| PODD | D | 1.91% | |
| BIO | F | 1.88% |
MDEV Underweight 27 Positions Relative to FBT
| Symbol | Grade | Weight | |
|---|---|---|---|
| ITCI | B | -3.77% | |
| NBIX | A | -3.49% | |
| MRNA | A | -3.44% | |
| EXEL | B | -3.43% | |
| VRTX | C | -3.43% | |
| BNTX | D | -3.43% | |
| AMGN | B | -3.43% | |
| HALO | C | -3.39% | |
| UTHR | A | -3.38% | |
| REGN | C | -3.37% | |
| BMRN | D | -3.35% | |
| RGEN | F | -3.35% | |
| ARGX | D | -3.33% | |
| ALKS | F | -3.33% | |
| ALNY | D | -3.3% | |
| BGNE | C | -3.3% | |
| GILD | F | -3.3% | |
| ILMN | D | -3.29% | |
| GMAB | D | -3.28% | |
| ACAD | D | -3.28% | |
| CORT | C | -3.28% | |
| BIIB | C | -3.27% | |
| CPRX | C | -3.25% | |
| NTRA | A | -3.23% | |
| INCY | D | -3.22% | |
| BRKR | D | -3.16% | |
| BEAM | F | -3.04% |
MDEV: Top Represented Industries & Keywords
FBT: Top Represented Industries & Keywords
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