MDEV vs. QQQN ETF Comparison

Comparison of First Trust Indxx Medical Devices ETF (MDEV) to VictoryShares Nasdaq Next 50 ETF (QQQN)
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

$21.47

Average Daily Volume

508

Number of Holdings *

29

* may have additional holdings in another (foreign) market
QQQN

VictoryShares Nasdaq Next 50 ETF

QQQN Description The investment seeks to provide investment results that track the performance of the Nasdaq Q-50 Index before fees and expenses. The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities in the index. The index is composed of the 50 largest nonfinancial domestic and international companies listed on The Nasdaq Stock Market based on market capitalization after excluding the companies included in the Nasdaq-100 Index.

Grade (RS Rating)

Last Trade

$31.65

Average Daily Volume

6,312

Number of Holdings *

49

* may have additional holdings in another (foreign) market
Performance
Period MDEV QQQN
30 Days -3.22% 3.53%
60 Days -0.97% 4.80%
90 Days 5.10% 10.05%
12 Months 24.99% 35.21%
2 Overlapping Holdings
Symbol Grade Weight in MDEV Weight in QQQN Overlap
ALGN F 2.01% 1.51% 1.51%
HOLX A 2.12% 1.84% 1.84%
MDEV Overweight 27 Positions Relative to QQQN
Symbol Grade Weight
WST B 2.26%
ISRG B 2.23%
GMED A 2.2%
DXCM C 2.18%
PEN A 2.16%
RMD A 2.13%
EW D 2.13%
MDT B 2.12%
SYK A 2.11%
TFX F 2.1%
MASI A 2.1%
BDX C 2.1%
ZBH C 2.1%
PODD A 2.09%
BAX F 2.06%
STE D 2.06%
BIO A 2.06%
EXAS A 2.05%
ABT A 2.04%
RVTY C 2.03%
BSX C 2.03%
GEHC D 1.96%
TMO D 1.93%
A D 1.91%
WAT A 1.9%
DHR D 1.88%
MTD D 1.86%
MDEV Underweight 47 Positions Relative to QQQN
Symbol Grade Weight
APP B -4.61%
ALNY C -3.68%
MSTR B -3.64%
MPWR F -3.59%
AXON B -3.25%
TSCO D -3.07%
EBAY D -3.03%
NTAP D -2.37%
UAL A -2.36%
CHKP F -2.26%
ICLR F -2.26%
WDC C -2.23%
TCOM A -2.22%
PTC B -2.16%
STX D -2.12%
FSLR C -2.01%
TER F -1.98%
STLD A -1.94%
EXPE B -1.92%
ZM A -1.86%
ZBRA A -1.86%
SSNC D -1.81%
ARGX A -1.77%
VRSN F -1.77%
JBHT A -1.74%
DKNG F -1.73%
ULTA C -1.68%
GEN A -1.61%
MANH D -1.61%
LNT C -1.55%
ENTG D -1.52%
AKAM D -1.52%
UTHR A -1.52%
SNY D -1.51%
SWKS F -1.48%
NTNX B -1.45%
NTRA B -1.43%
NDSN D -1.39%
BSY F -1.39%
CPB D -1.37%
BMRN F -1.3%
BNTX B -1.06%
ENPH F -1.04%
NWSA A -0.95%
FOXA A -0.92%
FOX A -0.88%
NWS A -0.51%
Compare ETFs