First Trust Indxx Medical Devices ETF (MDEV)

Cboe BZX: MDEVExchange-traded fund from First Trust.

  • Expense ratio0.72%
  • Net assets$3.3M
  • Dividend yield0.00%
  • 1-year return+5.43%
  • Holdings49

MDEV ETF price chart

MDEV quote & trading statistics

  • YTD+4.07%
  • 1 year+5.43%
  • 3 years+9.07%/yr
  • 5 years-3.55%/yr
  • 10 years0.00%/yr
1Y volatility
14.74%
3Y volatility
16.77%
3Y Sharpe ratio
0.10

Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.

MDEV top 10 holdings

All holdings →
First Trust Indxx Medical Devices ETF largest holdings by weight
#SymbolNameWeight
1SNSmith & Nephew PLC2.23%
2COHCochlear Ltd2.21%
3COLO.BColoplast A/S2.21%
4PHIAKoninklijke Philips NV2.17%
5ZBHZimmer Biomet Holdings Inc2.16%
6COOThe Cooper Companies, Inc2.12%
7RMDResMed Inc2.11%
8ALCAlcon AG2.07%
9SYKStryker Corporation2.06%
10PODDInsulet Corporation2.02%

The top 10 holdings make up 21.4% of the fund (49 holdings in total). As of October 25, 2026.

MDEV sector weights

Healthcare
100.0%

MDEV region weights

North America
64.3%
Europe Developed
18.7%
Japan
7.9%
Australasia
4.2%
Asia Emerging
3.0%
United Kingdom
2.1%

MDEV asset allocation

U.S. stocks
64.2%
Non-U.S. stocks
35.1%
Cash
0.7%

MDEV market-cap breakdown

Mid cap
47.0%
Large cap
25.3%
Small cap
19.8%
Micro cap
2.1%
Mega cap
1.7%

About First Trust Indxx Medical Devices ETF

The fund will invest at least 80% of its net assets (plus any investment borrowings) in the securities that comprise the index. The index is designed to track the performance of companies that are associated with the medical equipment industry, as determined by the index provider.

MDEV ETF FAQ

What is the MDEV expense ratio?

First Trust Indxx Medical Devices ETF has a net expense ratio of 0.72%, or $72.00 a year for every $10,000 invested.

How much money is in MDEV?

First Trust Indxx Medical Devices ETF has about $3.3M in net assets.

What are the top holdings of MDEV?

The largest positions in MDEV are Smith & Nephew PLC (2.23%), Cochlear Ltd (2.21%), Coloplast A/S (2.21%). The fund holds 49 securities in total.

How has MDEV performed?

MDEV returned +5.43% over the past year and -3.55% a year over the past five years, including reinvested distributions.

Does MDEV pay dividends?

MDEV has a dividend yield of 0.00%.

When was MDEV launched?

First Trust Indxx Medical Devices ETF began trading on June 22, 2021.