FIW vs. MDEV ETF Comparison
Comparison of First Trust ISE Water Index Fund (FIW) to First Trust Indxx Medical Devices ETF (MDEV)
FIW
First Trust ISE Water Index Fund
FIW Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the ISE Water Index(TM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is a modified market-capitalization weighted portfolio of 36 stocks of companies as of March 31, 2013 that derive a substantial portion of their revenues from the potable and wastewater industries. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$108.11
Average Daily Volume
38,754
33
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
$22.19
Average Daily Volume
498
28
Performance
| Period | FIW | MDEV |
|---|---|---|
| 30 Days | 0.61% | 2.32% |
| 60 Days | 3.06% | 8.60% |
| 90 Days | 9.67% | 13.55% |
| 12 Months | 34.60% | 25.89% |
FIW Overweight 31 Positions Relative to MDEV
| Symbol | Grade | Weight | |
|---|---|---|---|
| IDXX | D | 4.19% | |
| IEX | D | 4.1% | |
| AWK | B | 4.03% | |
| ECL | B | 4.0% | |
| ROP | C | 3.96% | |
| VLTO | A | 3.94% | |
| XYL | C | 3.85% | |
| PNR | C | 3.79% | |
| ACM | C | 3.56% | |
| TTEK | B | 3.45% | |
| WMS | D | 3.4% | |
| WTRG | D | 3.39% | |
| BMI | A | 3.16% | |
| AOS | B | 3.06% | |
| MLI | C | 2.93% | |
| CNM | F | 2.75% | |
| PRMW | C | 2.29% | |
| ZWS | A | 2.13% | |
| WTS | C | 2.09% | |
| ITRI | C | 2.08% | |
| AWR | A | 2.02% | |
| VMI | B | 2.0% | |
| FELE | C | 1.97% | |
| MWA | A | 1.96% | |
| CWT | D | 1.91% | |
| MSEX | C | 1.27% | |
| SBS | D | 1.26% | |
| LNN | C | 1.24% | |
| SJW | D | 1.22% | |
| HWKN | A | 1.17% | |
| MEG | F | 1.06% |
FIW Underweight 26 Positions Relative to MDEV
| Symbol | Grade | Weight | |
|---|---|---|---|
| GMED | D | -2.58% | |
| PODD | C | -2.54% | |
| RMD | C | -2.47% | |
| ISRG | A | -2.39% | |
| BSX | A | -2.31% | |
| MTD | B | -2.22% | |
| STE | D | -2.2% | |
| DHR | C | -2.18% | |
| TFX | C | -2.16% | |
| MDT | B | -2.11% | |
| BIO | B | -2.1% | |
| GEHC | C | -2.03% | |
| TMO | C | -2.03% | |
| SYK | C | -2.0% | |
| HOLX | D | -1.96% | |
| ABT | B | -1.95% | |
| BDX | B | -1.91% | |
| MASI | B | -1.83% | |
| BAX | D | -1.82% | |
| EXAS | C | -1.76% | |
| PEN | D | -1.67% | |
| ZBH | F | -1.64% | |
| WST | D | -1.53% | |
| ALGN | D | -1.5% | |
| EW | F | -1.38% | |
| DXCM | F | -0.94% |
FIW: Top Represented Industries & Keywords
MDEV: Top Represented Industries & Keywords
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