First Trust Indxx Medical Devices ETFFirst Trust Indxx Medical Devices ETFFirst Trust Indxx Medical Devices ETF

First Trust Indxx Medical Devices ETF

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Key stats

Assets under management (AUM)
‪3.02 M‬USD
Fund flows (1Y)
‪848.00 K‬USD
Dividend yield (indicated)
Discount/Premium to NAV
0.9%

About First Trust Indxx Medical Devices ETF

Issuer
AJM Ventures LLC
Brand
First Trust
Expense ratio
0.70%
Inception date
Jun 22, 2021
Index tracked
Indxx Global Medical Equipment Index
Management style
Passive
MDEV gives concentrated, pure-play exposure to the medical equipment segment of the global health care sector. The fund holds the top 50 companies based on market capitalization, that derive at least 50% of their revenue from businesses related to developing equipment, instruments, and machines to diagnose, monitor, and treat diseases. Eligible companies must also meet investability and liquidity requirements, including a minimum market capitalization of $500 million. The resulting portfolio is equally weighted and undergoes annual reconstitution and semi-annual rebalancing.

Classification

Asset Class
Equity
Category
Sector
Focus
Health care
Niche
Health care equipment
Strategy
Equal
Weighting scheme
Equal
Selection criteria
Market cap

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of May 3, 2024
Exposure type
StocksBonds, Cash & Other
Health Technology
Stocks99.80%
Health Technology93.64%
Distribution Services4.18%
Health Services1.97%
Bonds, Cash & Other0.20%
Cash0.20%
Miscellaneous−0.00%
Stock breakdown by region
4%60%24%10%
North America60.92%
Europe24.05%
Asia10.76%
Oceania4.27%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows