MDEV vs. IHI ETF Comparison
Comparison of First Trust Indxx Medical Devices ETF (MDEV) to iShares U.S. Medical Devices ETF (IHI)
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
IHI
iShares U.S. Medical Devices ETF
IHI Description
The investment seeks to track the investment results of an index composed of U.S. equities in the medical devices sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Select Medical Equipment Index (the "underlying index"), which measures the performance of the medical equipment sector of the U.S. equity market. The fund is non-diversified.Grade (RS Rating)
Last Trade
$60.40
Average Daily Volume
474,623
48
Performance
| Period | MDEV | IHI |
|---|---|---|
| 30 Days | -3.60% | 1.38% |
| 60 Days | -3.32% | 2.30% |
| 90 Days | -0.31% | 3.90% |
| 12 Months | 13.86% | 21.41% |
19 Overlapping Holdings
| Symbol | Grade | Weight in MDEV | Weight in IHI | Overlap | |
|---|---|---|---|---|---|
| ABT | B | 2.11% | 16.82% | 2.11% | |
| BAX | F | 1.85% | 1.91% | 1.85% | |
| BDX | F | 2.04% | 4.29% | 2.04% | |
| BSX | A | 2.14% | 4.67% | 2.14% | |
| DXCM | C | 2.3% | 3.56% | 2.3% | |
| EW | C | 2.07% | 4.42% | 2.07% | |
| GEHC | D | 1.94% | 4.38% | 1.94% | |
| GMED | A | 2.44% | 1.07% | 1.07% | |
| HOLX | D | 2.07% | 2.14% | 2.07% | |
| ISRG | A | 2.36% | 15.61% | 2.36% | |
| MASI | B | 2.42% | 0.83% | 0.83% | |
| MDT | D | 2.05% | 4.31% | 2.05% | |
| PEN | B | 2.45% | 1.08% | 1.08% | |
| PODD | C | 2.39% | 2.14% | 2.14% | |
| RMD | C | 2.05% | 4.04% | 2.05% | |
| STE | D | 2.07% | 2.54% | 2.07% | |
| SYK | B | 2.29% | 11.15% | 2.29% | |
| TFX | F | 1.72% | 1.06% | 1.06% | |
| ZBH | C | 2.24% | 2.69% | 2.24% |
MDEV Underweight 29 Positions Relative to IHI
| Symbol | Grade | Weight | |
|---|---|---|---|
| IDXX | F | -3.82% | |
| GKOS | B | -0.89% | |
| INSP | D | -0.6% | |
| PRCT | B | -0.54% | |
| ITGR | B | -0.52% | |
| AXNX | A | -0.42% | |
| NVST | B | -0.41% | |
| LIVN | F | -0.33% | |
| TMDX | F | -0.31% | |
| NARI | C | -0.3% | |
| ENOV | C | -0.3% | |
| IRTC | C | -0.29% | |
| CNMD | C | -0.26% | |
| QDEL | F | -0.25% | |
| OMCL | C | -0.25% | |
| LMAT | A | -0.24% | |
| TNDM | D | -0.21% | |
| ATRC | C | -0.2% | |
| NVCR | C | -0.19% | |
| IART | C | -0.18% | |
| AORT | B | -0.12% | |
| ATEC | C | -0.1% | |
| OFIX | C | -0.08% | |
| AXGN | C | -0.07% | |
| VREX | B | -0.07% | |
| SIBN | F | -0.06% | |
| SRDX | B | -0.06% | |
| FNA | B | -0.05% | |
| TMCI | C | -0.04% |
MDEV: Top Represented Industries & Keywords
IHI: Top Represented Industries & Keywords
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