MDEV vs. FMED ETF Comparison
Comparison of First Trust Indxx Medical Devices ETF (MDEV) to Fidelity Disruptive Medicine ETF (FMED)
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
$20.92
Average Daily Volume
282
29
FMED
Fidelity Disruptive Medicine ETF
FMED Description
The fund normally invests at least 80% of assets in securities of disruptive medicine companies. Fidelity's disruptive strategies seek to identify innovative developments that could signal new directions for delivering products and services to customers. Generally, these companies have or are developing new or unconventional ways of doing business that could disrupt and displace incumbents over time. The fund is non-diversified.Grade (RS Rating)
Last Trade
$25.22
Average Daily Volume
4,761
52
Performance
| Period | MDEV | FMED |
|---|---|---|
| 30 Days | -4.41% | -3.71% |
| 60 Days | -3.70% | -4.48% |
| 90 Days | -0.71% | -1.68% |
| 12 Months | 14.09% | 17.78% |
14 Overlapping Holdings
| Symbol | Grade | Weight in MDEV | Weight in FMED | Overlap | |
|---|---|---|---|---|---|
| ALGN | D | 2.12% | 0.72% | 0.72% | |
| BSX | A | 2.14% | 6.26% | 2.14% | |
| DHR | D | 1.89% | 3.8% | 1.89% | |
| DXCM | C | 2.3% | 1.88% | 1.88% | |
| EW | C | 2.07% | 1.95% | 1.95% | |
| EXAS | D | 1.53% | 2.72% | 1.53% | |
| ISRG | A | 2.36% | 4.42% | 2.36% | |
| MASI | B | 2.42% | 2.01% | 2.01% | |
| PEN | B | 2.45% | 2.64% | 2.45% | |
| PODD | B | 2.39% | 4.44% | 2.39% | |
| RMD | C | 2.05% | 1.3% | 1.3% | |
| SYK | A | 2.29% | 2.73% | 2.29% | |
| TMO | D | 1.91% | 1.87% | 1.87% | |
| WST | C | 2.44% | 1.01% | 1.01% |
MDEV Underweight 38 Positions Relative to FMED
| Symbol | Grade | Weight | |
|---|---|---|---|
| UNH | B | -4.7% | |
| ARGX | A | -3.27% | |
| REGN | F | -3.26% | |
| ALNY | D | -2.9% | |
| LFST | C | -2.41% | |
| VEEV | C | -2.18% | |
| LEGN | D | -1.95% | |
| INSP | F | -1.92% | |
| LLY | F | -1.78% | |
| PRCT | B | -1.65% | |
| ZLAB | C | -1.54% | |
| AGL | F | -1.43% | |
| GKOS | A | -1.42% | |
| RGEN | D | -1.34% | |
| PRVA | C | -1.34% | |
| KROS | D | -1.34% | |
| JANX | C | -1.32% | |
| CRNX | B | -1.23% | |
| CYTK | D | -1.19% | |
| XENE | D | -1.17% | |
| DOCS | C | -1.14% | |
| DYN | D | -1.13% | |
| PCVX | D | -1.13% | |
| BRKR | F | -1.12% | |
| TNDM | D | -1.0% | |
| PHR | F | -0.99% | |
| CNC | F | -0.98% | |
| ASND | F | -0.88% | |
| VRTX | D | -0.84% | |
| TXG | F | -0.63% | |
| NTRA | A | -0.56% | |
| ACLX | C | -0.45% | |
| DNLI | D | -0.45% | |
| NRIX | C | -0.44% | |
| IRTC | C | -0.44% | |
| DAWN | D | -0.41% | |
| BNTX | D | -0.4% | |
| ANAB | F | -0.24% |
MDEV: Top Represented Industries & Keywords
FMED: Top Represented Industries & Keywords
Compare ETFs
