MGRO vs. MDEV ETF Comparison

Comparison of SHL Telemedicine Ltd VanEck Morningstar Wide Moat Growth ETF (MGRO) to First Trust Indxx Medical Devices ETF (MDEV)
MGRO

SHL Telemedicine Ltd VanEck Morningstar Wide Moat Growth ETF

MGRO Description

The fund invests at least 80% of its total assets in securities that comprise the index. The index is comprised of equity securities of companies that Morningstar, Inc. determines have sustainable competitive advantages based on a proprietary methodology that considers quantitative and qualitative factors and are attractively priced and weighted according to a modified equal weighting scheme that tilts exposure in favor of pure growth companies. It is non-diversified.

Grade (RS Rating)

Last Trade

$31.08

Average Daily Volume

272

Number of Holdings *

38

* may have additional holdings in another (foreign) market
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

Number of Holdings *

29

* may have additional holdings in another (foreign) market
Performance
Period MGRO MDEV
30 Days 0.03% -3.60%
60 Days 1.28% -3.32%
90 Days 2.66% -0.31%
12 Months 13.86%
7 Overlapping Holdings
Symbol Grade Weight in MGRO Weight in MDEV Overlap
A D 3.97% 1.93% 1.93%
BIO C 0.86% 2.22% 0.86%
GEHC D 0.91% 1.94% 0.91%
TMO F 0.26% 1.91% 0.26%
WAT C 1.61% 2.24% 1.61%
WST C 2.36% 2.44% 2.36%
ZBH C 2.13% 2.24% 2.13%
MGRO Overweight 31 Positions Relative to MDEV
Symbol Grade Weight
CRM B 5.64%
ADSK A 5.29%
TRU D 4.84%
AMZN C 4.66%
ROK C 4.63%
VEEV C 4.61%
ADBE C 4.28%
FTNT C 3.14%
MKTX D 3.08%
EL F 2.78%
ALLE C 2.68%
TYL B 2.63%
OTIS C 2.62%
IEX C 2.47%
GOOGL C 2.28%
WDAY B 2.26%
EFX F 2.18%
STZ D 2.16%
MSFT D 2.14%
VRSN C 2.14%
HII F 2.01%
YUM D 2.01%
KEYS A 2.01%
CTVA C 2.0%
CLX A 1.66%
DIS B 1.4%
ETSY D 1.06%
NKE F 0.85%
TER F 0.83%
LRCX F 0.82%
ICE C 0.44%
MGRO Underweight 22 Positions Relative to MDEV
Symbol Grade Weight
PEN B -2.45%
GMED A -2.44%
MASI B -2.42%
PODD C -2.39%
ISRG A -2.36%
DXCM C -2.3%
SYK B -2.29%
BSX A -2.14%
ALGN D -2.12%
ABT B -2.11%
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%
DHR F -1.89%
BAX F -1.85%
MTD F -1.8%
TFX F -1.72%
EXAS D -1.53%
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