First Trust Indxx Medical Devices ETF (MDEV)

Key Metrics

TER 0.70% per year

Distribution policy Distributing

Fund size USD 2 M

Inception date June 22, 2021

Holdings 50

Fund currency USD

Fund domicile US

Provider First Trust

For full official fund details, factsheets, and holdings, visit ftportfolios.com (opens in new tab).

Historical Return

Last updated: Jul 01, 2026

1 Year -7.1% +0.1% Div

3 Years (avg.) -2.6% +0.1% Div

5 Years (avg.) -5.5% +0.1% Div

Risk & Analysis Metrics

Last updated: Jul 01, 2026

Volatility

15.86% 1 Year

16.46% 3 Years

18.97% 5 Years

18.93% 10 Years

Max Drawdown

-17.56% 1 Year

-22.50% 3 Years

-42.34% 5 Years

-42.34% 10 Years

Sharpe Ratio

-0.61 1 Year

-0.33 3 Years

-0.42 5 Years

-0.42 10 Years

Return Triangle (Heatmap)

Last updated: Jul 01, 2026

	2021	2022	2023	2024	2025
2021	4.2%	-13.5%	-7.0%	-4.8%	-3.8%
2022		-28.2%	-12.1%	-7.6%	-5.6%
2023			7.6%	4.8%	3.4%
2024				2.2%	1.3%
2025					0.5%

Distributions

*by ETF Portfolio Weight Last updated: Jul 01, 2026

Profit Margin Distribution

< 0%

1y 3y N/A N/A

0 - 5%

1y 3y N/A N/A

5 - 10%

28%

1y 3y N/A N/A

10 - 15%

29%

1y 3y N/A N/A

15 - 20%

22%

1y 3y N/A N/A

20 - 30%

1y 3y N/A N/A

30 - 40%

1y 3y N/A N/A

> 40%

1y 3y N/A N/A

P/E Ratio Distribution

< 0

1y 3y N/A N/A

0 - 10

1y 3y N/A N/A

10 - 15

1y 3y N/A N/A

15 - 20

11%

1y 3y N/A N/A

20 - 25

13%

1y 3y N/A N/A

25 - 35

24%

1y 3y N/A N/A

35 - 50

31%

1y 3y N/A N/A

> 50

13%

1y 3y N/A N/A

Discounted Cash Flow

Weighted Average Undervaluation

N/A

Undervalued

> 60%

1y 3y N/A N/A

45 - 60%

1y 3y N/A N/A

30 - 45%

1y 3y N/A N/A

15 - 30%

1y 3y N/A N/A

Fair (±15%)

1y 3y N/A N/A

Overvalued

15 - 30%

1y 3y N/A N/A

30 - 45%

1y 3y N/A N/A

45 - 60%

1y 3y N/A N/A

> 60%

1y 3y N/A N/A

Market Cap Size Distribution

Micro Cap

0.0%

1y 3y N/A N/A

Small Cap

2.8%

1y 3y N/A N/A

Mid Cap

10.8%

1y 3y N/A N/A

Large Cap

86.5%

1y 3y N/A N/A

Mega Cap

0.0%

1y 3y N/A N/A

Micro: < $300M Small: $300M–$2B Mid: $2B–$10B Large: $10B–$200B Mega: > $200B

Average metrics of all companies in portfolio

Last updated: Jun 28, 2026

Market
Average

Market Cap The market value of the company. It's calculated by multiplying the share price by the number of outstanding shares.	$41.2B	-
Dividend Yield Yearly payout to shareholders per share. The percentage indicates the payout in relation to the share price.	0.73%	2.01%
Beta Indicates the relationship between the price performance of a share and the market.	0.93	-
P/E Ratio Ratio between share price and earnings per share. A low ratio could indicate that the stock is undervalued or investors aren't expecting high growth. A high ratio could indicate that the stock is overvalued or investors are expecting high growth.	38.0	28.61
Negative P/E Ratio a negative P/E ratio shows that the company is not profitable, and it shows how many years it would take the company to lose its entire market capitalisation if it did not change anything	-7.78	-
Profitable Companies	95%	-
PEG The ratio between the P/E ratio and the growth rate of the company's earnings per share in the last twelve months. A lower PEG could mean that a stock is undervalued.	29.9	18.04
Price to Sales Ratio Market cap divided by the revenue in the most recent year.	4.5	8.09
Price to Book Ratio Price to Book Ratio is the Market cap divided by the Book value of the company	3.8	10.18

Market
Average

Enterprise Value to EBIT Enterprise Value divided by EBIT	29.8	20.33
Enterprise Value to Revenue Enterprise value divided by revenue	4.62	7.98
Total Debt to Enterprise Value Total debt divided by enterprise value	0.13	0.04
Debt to Equity A higher ratio indicates a higher risk. However, the ratio is difficult to compare between industries where common amounts of debt vary.	-0.92	0.27
Profit Margin Net income divided by revenue of the last 4 quarters. It indicates the company's profitability.	10.49%	20.81%
Quarterly Earnings Growth (YoY) The rate at which the company's net income has increased to the same quarter one year ago.	-14.1%	-118.0%
Return on Equity Equity divided by market cap.	10.91%	2.67%
Return on Assets Indicates a company's profitability in relation to its total assets.	6.80%	4.17%
Return on Invested Capital Return on invested capital (ROIC) is net income after dividends divided by the sum of debt and equity. It shows how effective a company is at turning capital invested by shareholders and other debtholders into profits.	12.82%	3.72%

Sectors

Manufacturing	62.2%
Health Technology	4.4%
Professional, Scientific, and Technical Services	3.8%
Construction	2.3%
Health Care and Social Assistance	2.1%
Financial Services	2.0%
Healthcare	1.4%
Finance and Insurance	1.4%
Other	20.5%

Countries

United States	55.7%
Japan	7.9%
Switzerland	6.4%
United Kingdom	4.5%
Denmark	4.5%
Germany	3.9%
China	3.9%
Ireland	3.8%
France	3.6%
New Zealand	2.0%
Netherlands	2.0%
Australia	1.4%
Other	0.5%
Other	0.0%

Limit holdings to companies in a single sector.

$0B >$1T

Ratio between share price and earnings per share. A low ratio could indicate undervaluation.

<0 >50

Ratio of dividends in the last 12 months to current share price.

0% 3%

Revenue increase compared to the same quarter one year ago.

0% 30%

Net income increase compared to the same quarter one year ago.

0% 30%

Profitability of the last quarter.

<-30% >30%

A higher ratio indicates a higher risk. The ratio is difficult to compare between industries.

<0 >3

Discounted cash flow valuation vs. current price. Positive = undervalued, negative = overvalued.

<-50% >+100%

Market Cap

P/E Ratio

Total Investment

Weight

Globus Medical Inc - Ordinary Shares - Class A

GMED - Manufacturing

Market Cap $11.63B

P/E Ratio 19.8

Dividends 0.0%

Total Investment $63.16K

Weight 3.31%

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Align Technology, Inc.

ALGN - Manufacturing

Market Cap $12.78B

P/E Ratio 29.9

Dividends 0.0%

Total Investment $56.57K

Weight 2.97%

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Penumbra Inc

PEN - Manufacturing

Market Cap $12.45B

P/E Ratio 72.3

Dividends 0.0%

Total Investment $52.21K

Weight 2.74%

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Masimo Corp

MASI - Manufacturing

Market Cap $9.42B

P/E Ratio 125.0

Dividends 0.0%

Total Investment $51.05K

Weight 2.68%

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Hologic, Inc.

HOLX - Manufacturing

Market Cap $16.97B

P/E Ratio 31.3

Dividends 0.0%

Total Investment $46.26K

Weight 2.43%

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Waters Corp.

WAT - Manufacturing

Market Cap $24.41B

P/E Ratio 47.5

Dividends 0.0%

Total Investment $46.16K

Weight 2.42%

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Edwards Lifesciences Corp

EW - Manufacturing

Market Cap $52.27B

P/E Ratio 48.0

Dividends 0.0%

Total Investment $44.92K

Weight 2.36%

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Intuitive Surgical Inc

ISRG - Manufacturing

Market Cap $143.33B

P/E Ratio 48.4

Dividends 0.0%

Total Investment $44.26K

Weight 2.32%

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Alcon Inc. - Registered Shares

ALC - Health Technology

Market Cap $33.07B

P/E Ratio 40.8

Dividends 0.5%

Total Investment $43.39K

Weight 2.28%

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Cooper Companies, Inc.

COO - Manufacturing

Market Cap $13.85B

P/E Ratio 60.2

Dividends 0.0%

Total Investment $43.33K

Weight 2.27%

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Five Point Holdings LLC - Ordinary Shares - Class A

FPH - Construction

Market Cap $384.83M

P/E Ratio 8.4

Dividends 0.0%

Total Investment $43.19K

Weight 2.27%

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Mettler-Toledo International, Inc.

MTD - Manufacturing

Market Cap $25.54B

P/E Ratio 29.6

Dividends 0.0%

Total Investment $41.62K

Weight 2.18%

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GE HealthCare Technologies Inc

GEHC

Market Cap $29.91B

P/E Ratio 19.9

Dividends 0.2%

Total Investment $41.57K

Weight 2.18%

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Teleflex Incorporated

TFX - Manufacturing

Market Cap $5.75B

P/E Ratio -5.7

Dividends 1.0%

Total Investment $41.5K

Weight 2.18%

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Koninklijke Philips N.V. - ADR

PHG - Manufacturing

Market Cap $26.32B

P/E Ratio 23.4

Dividends 3.6%

Total Investment $41.3K

Weight 2.17%

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Revvity Inc.

PKI - Manufacturing

Market Cap $14.46B

P/E Ratio 53.8

Dividends 0.2%

Total Investment $41.18K

Weight 2.16%

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Straumann Holding AG

SAUHF - Health Technology

Market Cap $21.32B

P/E Ratio 47.3

Dividends 0.9%

Total Investment $40.07K

Weight 2.10%

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Dexcom Inc

DXCM - Manufacturing

Market Cap $27.07B

P/E Ratio 29.2

Dividends 0.0%

Total Investment $40K

Weight 2.10%

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Zimmer Biomet Holdings Inc

ZBH - Manufacturing

Market Cap $18.01B

P/E Ratio 24.1

Dividends 1.0%

Total Investment $39.6K

Weight 2.08%

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West Pharmaceutical Services, Inc.

WST - Health Care and Social Assistance

Market Cap $24.79B

P/E Ratio 46.7

Dividends 0.2%

Total Investment $39.6K

Weight 2.08%

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Key Metrics

Compare similar ETFs

Historical Return

Risk & Analysis Metrics

Volatility

Max Drawdown

Sharpe Ratio

Return Triangle (Heatmap)

Distributions

Profit Margin Distribution

P/E Ratio Distribution

Discounted Cash Flow

Market Cap Size Distribution

Portfolio Concentration

Latest News

Masimo Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Masimo Corporation - MASI

What's Happening With Masimo Stock?

Strength Seen in Masimo (MASI): Can Its 34.2% Jump Turn into More Strength?

Average metrics of all companies in portfolio

Sectors

Countries