MDEV vs. XHE ETF Comparison
Comparison of First Trust Indxx Medical Devices ETF (MDEV) to SPDR S&P Health Care Equipment (XHE)
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
XHE
SPDR S&P Health Care Equipment
XHE Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the health care equipment and supplies segment of a U.S. total market composite index. In seeking to track the performance of the S&P Health Care Equipment Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the health care equipment industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.Grade (RS Rating)
Last Trade
$90.78
Average Daily Volume
9,065
62
Performance
| Period | MDEV | XHE |
|---|---|---|
| 30 Days | -3.60% | 3.83% |
| 60 Days | -3.32% | 0.22% |
| 90 Days | -0.31% | 2.21% |
| 12 Months | 13.86% | 21.67% |
20 Overlapping Holdings
| Symbol | Grade | Weight in MDEV | Weight in XHE | Overlap | |
|---|---|---|---|---|---|
| ABT | B | 2.11% | 1.72% | 1.72% | |
| ALGN | D | 2.12% | 1.56% | 1.56% | |
| BAX | F | 1.85% | 1.47% | 1.47% | |
| BDX | F | 2.04% | 1.71% | 1.71% | |
| BSX | A | 2.14% | 1.84% | 1.84% | |
| DXCM | C | 2.3% | 1.84% | 1.84% | |
| EW | C | 2.07% | 1.66% | 1.66% | |
| GEHC | D | 1.94% | 1.69% | 1.69% | |
| GMED | A | 2.44% | 2.07% | 2.07% | |
| HOLX | D | 2.07% | 1.69% | 1.69% | |
| ISRG | A | 2.36% | 1.89% | 1.89% | |
| MASI | B | 2.42% | 2.47% | 2.42% | |
| MDT | D | 2.05% | 1.69% | 1.69% | |
| PEN | B | 2.45% | 2.19% | 2.19% | |
| PODD | C | 2.39% | 2.03% | 2.03% | |
| RMD | C | 2.05% | 1.71% | 1.71% | |
| STE | D | 2.07% | 1.57% | 1.57% | |
| SYK | B | 2.29% | 1.8% | 1.8% | |
| TFX | F | 1.72% | 1.37% | 1.37% | |
| ZBH | C | 2.24% | 1.79% | 1.79% |
MDEV Underweight 42 Positions Relative to XHE
| Symbol | Grade | Weight | |
|---|---|---|---|
| ATEC | C | -2.53% | |
| IART | C | -2.46% | |
| ATRC | C | -2.24% | |
| HAE | C | -2.12% | |
| PRCT | B | -2.03% | |
| GKOS | B | -1.96% | |
| IRTC | C | -1.96% | |
| OMCL | C | -1.95% | |
| NARI | C | -1.9% | |
| LIVN | F | -1.89% | |
| MMSI | A | -1.88% | |
| ENOV | C | -1.87% | |
| UFPT | C | -1.87% | |
| ITGR | B | -1.86% | |
| NVST | B | -1.83% | |
| AXNX | A | -1.77% | |
| SOLV | D | -1.74% | |
| LMAT | A | -1.71% | |
| CNMD | C | -1.71% | |
| ICUI | D | -1.71% | |
| NEOG | F | -1.65% | |
| NVCR | C | -1.65% | |
| INSP | D | -1.61% | |
| STAA | F | -1.55% | |
| IDXX | F | -1.47% | |
| RXST | F | -1.43% | |
| LNTH | D | -1.4% | |
| TNDM | D | -1.22% | |
| SRDX | B | -1.21% | |
| XRAY | F | -1.17% | |
| TMDX | F | -1.05% | |
| VREX | B | -1.01% | |
| AORT | B | -0.89% | |
| OFIX | C | -0.67% | |
| SIBN | F | -0.66% | |
| EMBC | C | -0.61% | |
| ZIMV | D | -0.57% | |
| AVNS | F | -0.48% | |
| KIDS | D | -0.46% | |
| OSUR | F | -0.43% | |
| TCMD | B | -0.4% | |
| AXGN | C | -0.39% |
MDEV: Top Represented Industries & Keywords
XHE: Top Represented Industries & Keywords
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