MDEV vs. IPDP ETF Comparison
Comparison of First Trust Indxx Medical Devices ETF (MDEV) to Dividend Performers ETF (IPDP)
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
IPDP
Dividend Performers ETF
IPDP Description
The investment seeks to provide income; the secondary objective is capital appreciation. The fund’s investment strategy is twofold: (1) investing in dividend paying U.S. equity securities, and (2) credit spread options on an S&P 500 ETF or Index. It may also invest in equity real estate investment trusts (“REITs”). A credit spread is an options strategy that involves the purchase of one option and a sale of another option in the same class and with the same expiration but different strike prices.Grade (RS Rating)
Last Trade
$20.56
Average Daily Volume
1,326
50
Performance
Period | MDEV | IPDP |
---|---|---|
30 Days | -3.60% | 3.03% |
60 Days | -3.32% | 6.38% |
90 Days | -0.31% | 7.75% |
12 Months | 13.86% | 31.86% |
MDEV Overweight 26 Positions Relative to IPDP
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% | |
ZBH | C | 2.24% | |
WAT | C | 2.24% | |
BIO | C | 2.22% | |
BSX | A | 2.14% | |
ALGN | D | 2.12% | |
EW | C | 2.07% | |
HOLX | D | 2.07% | |
STE | D | 2.07% | |
MDT | D | 2.05% | |
RMD | C | 2.05% | |
BDX | F | 2.04% | |
RVTY | F | 2.03% | |
GEHC | D | 1.94% | |
TMO | F | 1.91% | |
DHR | F | 1.89% | |
BAX | F | 1.85% | |
MTD | F | 1.8% | |
TFX | F | 1.72% | |
EXAS | D | 1.53% |
MDEV Underweight 47 Positions Relative to IPDP
Symbol | Grade | Weight | |
---|---|---|---|
CAH | B | -2.37% | |
ACN | B | -2.36% | |
AIT | B | -2.34% | |
AMP | A | -2.32% | |
CSCO | B | -2.32% | |
TT | A | -2.31% | |
SNA | A | -2.31% | |
HNI | B | -2.3% | |
GWW | B | -2.29% | |
ADP | A | -2.29% | |
COR | B | -2.28% | |
SEIC | B | -2.28% | |
HIG | B | -2.27% | |
TRV | B | -2.27% | |
CTAS | B | -2.27% | |
BRO | B | -2.27% | |
MCK | A | -2.26% | |
APOG | C | -2.26% | |
BRC | D | -2.25% | |
AAPL | C | -2.25% | |
ABM | B | -2.24% | |
UNH | B | -2.23% | |
ETN | A | -2.22% | |
RGA | A | -2.2% | |
DOV | A | -2.2% | |
APH | A | -2.17% | |
ECL | D | -2.16% | |
MMC | B | -2.16% | |
IEX | C | -2.14% | |
DCI | B | -2.09% | |
TROW | B | -2.04% | |
JNJ | C | -2.02% | |
WTS | B | -1.99% | |
UPS | C | -1.88% | |
LECO | C | -1.87% | |
AOS | F | -1.74% | |
MSI | B | -1.72% | |
KLAC | F | -1.68% | |
GPC | D | -1.67% | |
QCOM | F | -1.6% | |
MRK | D | -1.52% | |
NSP | F | -1.52% | |
ELV | F | -1.51% | |
AVGO | D | -0.25% | |
HD | B | -0.24% | |
HPQ | B | -0.23% | |
CSX | C | -0.22% |
MDEV: Top Represented Industries & Keywords
IPDP: Top Represented Industries & Keywords