MDEV vs. FXH ETF Comparison
Comparison of First Trust Indxx Medical Devices ETF (MDEV) to First Trust Health Care AlphaDEX (FXH)
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
$20.18
Average Daily Volume
1,133
29
FXH
First Trust Health Care AlphaDEX
FXH 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 StrataQuant(R) Health Care Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the health care sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.Grade (RS Rating)
Last Trade
$103.93
Average Daily Volume
31,705
79
Performance
| Period | MDEV | FXH |
|---|---|---|
| 30 Days | -3.45% | -2.53% |
| 60 Days | -2.61% | -3.26% |
| 90 Days | -0.64% | 1.15% |
| 12 Months | -4.45% | -3.37% |
20 Overlapping Holdings
| Symbol | Grade | Weight in MDEV | Weight in FXH | Overlap | |
|---|---|---|---|---|---|
| A | C | 1.98% | 0.4% | 0.4% | |
| ABT | D | 1.98% | 0.83% | 0.83% | |
| ALGN | F | 1.97% | 0.38% | 0.38% | |
| BAX | F | 2.04% | 0.39% | 0.39% | |
| BDX | C | 2.0% | 0.39% | 0.39% | |
| DXCM | D | 2.07% | 1.12% | 1.12% | |
| EW | D | 1.99% | 1.11% | 1.11% | |
| GEHC | D | 2.04% | 1.72% | 1.72% | |
| GMED | F | 1.99% | 0.39% | 0.39% | |
| HOLX | B | 2.0% | 0.86% | 0.86% | |
| ISRG | C | 1.99% | 1.64% | 1.64% | |
| MASI | B | 2.0% | 0.81% | 0.81% | |
| MDT | C | 2.02% | 1.15% | 1.15% | |
| RMD | A | 2.02% | 0.96% | 0.96% | |
| STE | D | 2.02% | 0.8% | 0.8% | |
| SWAV | A | 2.05% | 2.22% | 2.05% | |
| SYK | D | 2.01% | 1.17% | 1.17% | |
| TFX | F | 1.97% | 1.14% | 1.14% | |
| TMO | C | 2.07% | 0.41% | 0.41% | |
| ZBH | F | 1.93% | 1.62% | 1.62% |
MDEV Underweight 59 Positions Relative to FXH
| Symbol | Grade | Weight | |
|---|---|---|---|
| UTHR | A | -2.27% | |
| NTRA | A | -2.25% | |
| EHC | A | -2.22% | |
| DVA | A | -2.19% | |
| MEDP | D | -2.17% | |
| VTRS | C | -2.16% | |
| CI | B | -2.15% | |
| PINC | C | -2.1% | |
| LLY | C | -2.08% | |
| HCA | D | -2.05% | |
| RPRX | C | -2.03% | |
| CAH | D | -2.02% | |
| DGX | A | -1.84% | |
| MOH | F | -1.83% | |
| ELV | B | -1.81% | |
| BMY | F | -1.8% | |
| PRGO | A | -1.79% | |
| EXEL | B | -1.75% | |
| CNC | D | -1.65% | |
| UHS | C | -1.63% | |
| INCY | D | -1.62% | |
| JAZZ | F | -1.62% | |
| ICLR | D | -1.59% | |
| GILD | F | -1.58% | |
| HUM | D | -1.53% | |
| BRKR | F | -1.52% | |
| NBIX | A | -1.25% | |
| BIIB | D | -1.24% | |
| OGN | A | -1.24% | |
| QGEN | B | -1.22% | |
| MRK | B | -1.22% | |
| UNH | B | -1.22% | |
| HSIC | F | -1.2% | |
| REGN | C | -1.15% | |
| IQV | D | -1.15% | |
| ICUI | F | -1.12% | |
| CRL | D | -1.06% | |
| IART | F | -1.02% | |
| TNDM | A | -0.92% | |
| SRPT | B | -0.87% | |
| RARE | D | -0.83% | |
| THC | A | -0.83% | |
| VRTX | C | -0.83% | |
| PFE | C | -0.81% | |
| JNJ | D | -0.81% | |
| ENOV | F | -0.78% | |
| CHE | F | -0.77% | |
| VEEV | D | -0.76% | |
| INSP | B | -0.47% | |
| RCM | D | -0.4% | |
| AMGN | B | -0.4% | |
| LH | F | -0.39% | |
| IDXX | F | -0.39% | |
| TECH | B | -0.38% | |
| TDOC | F | -0.37% | |
| ABBV | D | -0.37% | |
| DOCS | D | -0.37% | |
| AGL | F | -0.35% | |
| APLS | F | -0.34% |
MDEV: Top Represented Industries & Keywords
FXH: Top Represented Industries & Keywords
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