First Trust Indxx Medical Devices ETF (MDEV) Holdings
MDEV holdings summary
as of Oct 25, 2026- Holdings
- 49 positions listed
- Top 10 weight
- 21.8% of net assets
- Effective holdings
- 49 equal-weight equivalent
- Largest holding
- SN 2.23% Smith & Nephew PLC
- Annual turnover
- 22.5% of the portfolio traded
All MDEV holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | SN | Smith & Nephew PLC | Healthcare | 2.23% | $73,985.02 | — | — |
| 2 | COH | Cochlear Ltd | Healthcare | 2.21% | $73,199.00 | — | — |
| 3 | COLO-B | Coloplast A/S | Healthcare | 2.21% | $73,199.00 | — | — |
| 4 | STE | STERIS plc | Healthcare | 2.18% | $72,240.53 | $21.71B | 27.2 |
| 5 | 4543 | Terumo Corp. | Healthcare | 2.17% | $72,134.40 | — | — |
| 6 | PHIA | Koninklijke Philips NV | Healthcare | 2.17% | $72,114.50 | — | — |
| 7 | STMN | Straumann Holding AG | Healthcare | 2.17% | $71,985.15 | — | — |
| 8 | MDT | Medtronic plc | Healthcare | 2.17% | $71,978.52 | $121.20B | 23.3 |
| 9 | ZBH | Zimmer Biomet Holdings, Inc. | Healthcare | 2.16% | $71,567.27 | $18.12B | 23.1 |
| 10 | MMSI | Merit Medical Systems, Inc. | Healthcare | 2.15% | $71,242.25 | $5.33B | 36.7 |
| 11 | SOON | Sonova H Ag | Healthcare | 2.14% | $71,112.91 | — | — |
| 12 | AFX | Carl Zeiss Meditec AG | Healthcare | 2.14% | $71,069.79 | — | — |
| 13 | LMAT | LeMaitre Vascular, Inc. | Healthcare | 2.14% | $70,834.32 | $1.85B | 28.4 |
| 14 | TFX | Teleflex Incorporated | Healthcare | 2.14% | $70,831.00 | $5.53B | — |
| 15 | EW | Edwards Lifesciences Corporation | Healthcare | 2.14% | $70,824.37 | $49.92B | 51.5 |
| 16 | LIVN | LivaNova PLC | Healthcare | 2.12% | $70,373.32 | $4.26B | 23.0 |
| 17 | BIM | Biomerieux SA | Healthcare | 2.12% | $70,356.74 | — | — |
| 18 | SHL | Siemens Healthineers AG | Healthcare | 2.12% | $70,194.23 | — | — |
| 19 | COO | The Cooper Companies, Inc. | Healthcare | 2.12% | $70,147.80 | $11.02B | 19.9 |
| 20 | GMED | Globus Medical, Inc. | Healthcare | 2.11% | $70,117.95 | $10.30B | 19.7 |
| 21 | RMD | ResMed Inc. | Healthcare | 2.11% | $70,101.37 | $33.61B | 22.9 |
| 22 | MTD | Mettler-Toledo International Inc. | Healthcare | 2.11% | $69,925.59 | $32.51B | 36.6 |
| 23 | ALC | Alcon AG | Healthcare | 2.07% | $68,731.64 | — | — |
| 24 | 6869 | Sysmex Cor | Healthcare | 2.06% | $68,426.52 | — | — |
| 25 | WAT | Waters Corporation | Healthcare | 2.06% | $68,419.89 | $42.90B | 110.6 |
| 26 | SYK | Stryker Corporation | Healthcare | 2.06% | $68,396.67 | $113.02B | 30.5 |
| 27 | A | Agilent Technologies, Inc. | Healthcare | 2.05% | $67,875.98 | $48.77B | 34.1 |
| 28 | GEHC | GE HealthCare Technologies Inc. | Healthcare | 2.03% | $67,441.52 | $31.42B | 16.0 |
| 29 | ALGN | Align Technology, Inc. | Healthcare | 2.03% | $67,378.50 | $10.46B | 25.6 |
| 30 | BAX | Baxter International Inc. | Healthcare | 2.03% | $67,345.34 | $13.07B | — |
| 31 | BDX | Becton, Dickinson and Company | Healthcare | 2.02% | $67,103.23 | $52.23B | 44.6 |
| 32 | BSX | Boston Scientific Corporation | Healthcare | 2.02% | $67,096.60 | $64.33B | 18.0 |
| 33 | PODD | Insulet Corporation | Healthcare | 2.02% | $67,013.68 | $9.79B | 26.4 |
| 34 | WST | West Pharmaceutical Services, Inc. | Healthcare | 2.01% | $66,738.41 | $27.03B | 49.4 |
| 35 | ISRG | Intuitive Surgical, Inc. | Healthcare | 2.01% | $66,655.50 | $150.74B | 48.9 |
| 36 | RVTY | Revvity, Inc. | Healthcare | 2.01% | $66,565.95 | $17.03B | 73.0 |
| 37 | BIO | Bio-Rad Laboratories, Inc. | Healthcare | 1.97% | $65,335.52 | $9.46B | 44.8 |
| 38 | ABT | Abbott Laboratories | Healthcare | 1.97% | $65,196.23 | $181.50B | 33.8 |
| 39 | DHR | Danaher Corporation | Healthcare | 1.96% | $65,149.80 | $161.01B | 40.8 |
| 40 | TMO | Thermo Fisher Scientific Inc. | Healthcare | 1.95% | $64,662.27 | $255.13B | 37.1 |
| 41 | DIM | Sartorius Stedim Biotech SA | Healthcare | 1.94% | $64,270.92 | — | — |
| 42 | PEN | Penumbra, Inc. | Healthcare | 1.94% | $64,178.06 | $12.64B | 78.8 |
| 43 | FPH | Fisher & Paykel Healthcare Corporation Limited | Healthcare | 1.93% | $64,151.52 | — | — |
| 44 | WDH | Demant A/S | Other | 1.93% | $64,148.21 | — | — |
| 45 | 7741 | Hoya Cor | Healthcare | 1.90% | $63,073.65 | — | — |
| 46 | DXCM | DexCom, Inc. | Healthcare | 1.85% | $61,438.61 | $32.47B | 34.1 |
| 47 | 2359 | WuXi AppTec Co Ltd H | Healthcare | 1.68% | $55,823.73 | — | — |
| 48 | 7733 | Olympus Corp. | Healthcare | 1.64% | $54,341.25 | — | — |
| 49 | 2252 | Shanghai MicroPort MedBot Group Co Ltd | Healthcare | 1.29% | $42,640.55 | — | — |
Weights as a percentage of net assets. Value held = weight × net assets ($3.3M). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
MDEV sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Healthcare | 97.8% | 48 | SN, COH, COLO-B |
| Other | 1.9% | 1 | WDH |
Sum of the weights of the holdings in each sector.
MDEV top industries
MDEV overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| SPY | SPDR S&P 500 ETF | 2.2% | 23 of 502 | 0.09% |
| VTI | Vanguard Total Stock Market ETF | 2.0% | 30 of 2,941 | 0.03% |
| QQQ | Invesco QQQ ETF | 1.0% | 3 of 101 | 0.17% |
| VXUS | Vanguard Total International Stock ETF | 0.6% | 20 of 8,035 | 0.05% |
| IWM | iShares Russell 2000 ETF | 0.4% | 3 of 1,962 | 0.19% |
| DIA | SPDR Dow Jones Industrial Average ETF | 0.0% | 0 of 30 | 0.16% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the MDEV portfolio
First Trust Indxx Medical Devices ETF holds 49 positions. The ten largest make up 21.8% of the fund, so it behaves like a portfolio of about 49 equally weighted stocks. The biggest positions are Smith & Nephew PLC (2.23%), Cochlear Ltd (2.21%), Coloplast A/S (2.21%), STERIS plc (2.18%), Terumo Corp. (2.17%).
By sector, Healthcare is 97.8%, Other is 1.9%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 25, 2026; positions change as the fund rebalances.
Related: MDEV chart, MDEV performance, MDEV dividends, MDEV valuation, MDEV overview.
MDEV holdings FAQ
How many holdings does MDEV have?
MDEV holds 49 positions as of October 25, 2026.
What are the top 10 holdings of MDEV?
The ten largest holdings are Smith & Nephew PLC (2.23%), Cochlear Ltd (2.21%), Coloplast A/S (2.21%), STERIS plc (2.18%), Terumo Corp. (2.17%), Koninklijke Philips NV (2.17%), Straumann Holding AG (2.17%), Medtronic plc (2.17%), Zimmer Biomet Holdings, Inc. (2.16%), Merit Medical Systems, Inc. (2.15%). Together they are 21.8% of the fund.
What percentage of MDEV is Smith & Nephew PLC?
Smith & Nephew PLC is the largest holding at 2.23% of net assets, about $73,985.02 of the fund's $3.3M.
How concentrated is MDEV?
The top 10 holdings are 21.8% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) MDEV behaves like a portfolio of about 49 equally weighted stocks.