MDEV vs. KONG ETF Comparison
Comparison of First Trust Indxx Medical Devices ETF (MDEV) to Formidable Fortress ETF (KONG)
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
KONG
Formidable Fortress ETF
KONG Description
The investment seeks long-term capital appreciation. Under normal market conditions, the fund seeks to meet its investment objective by investing in large- and mid-cap equity securities, including common stocks, related depository receipts, real estate investment trusts (REITs), and other equity investments or ownership interests in business enterprises. It invests predominantly in common stocks of large- and mid-cap companies (the "Investable Universe"). The fund's derivative investments may include, among other instruments: (i) options; (ii) volatility-linked ETFs; and (iii) volatility-linked exchange-traded notes (ETNs). It is non-diversified.Grade (RS Rating)
Last Trade
$29.03
Average Daily Volume
1,749
32
Performance
| Period | MDEV | KONG |
|---|---|---|
| 30 Days | 2.32% | 1.34% |
| 60 Days | 8.60% | 5.24% |
| 90 Days | 13.55% | 7.87% |
| 12 Months | 25.89% | 17.03% |
1 Overlapping Holdings
| Symbol | Grade | Weight in MDEV | Weight in KONG | Overlap | |
|---|---|---|---|---|---|
| WST | D | 1.53% | 2.72% | 1.53% |
MDEV Overweight 27 Positions Relative to KONG
| 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% | |
| WAT | B | 2.08% | |
| GEHC | C | 2.03% | |
| TMO | C | 2.03% | |
| SYK | C | 2.0% | |
| A | B | 1.97% | |
| 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% | |
| ALGN | D | 1.5% | |
| EW | F | 1.38% | |
| DXCM | F | 0.94% |
MDEV Underweight 31 Positions Relative to KONG
| Symbol | Grade | Weight | |
|---|---|---|---|
| TPL | B | -5.55% | |
| MKTX | C | -3.77% | |
| ADM | D | -3.61% | |
| FFIV | B | -3.5% | |
| SPGI | C | -3.47% | |
| GLPI | A | -3.4% | |
| DOX | B | -3.31% | |
| FAST | B | -3.29% | |
| META | A | -3.25% | |
| NVDA | C | -3.24% | |
| CHE | C | -3.23% | |
| IBKR | A | -3.22% | |
| GOOG | B | -3.22% | |
| JNJ | D | -3.19% | |
| GGG | B | -3.17% | |
| SNA | A | -3.16% | |
| JKHY | A | -3.13% | |
| ERIE | A | -3.03% | |
| EME | C | -3.02% | |
| RS | D | -3.0% | |
| REGN | D | -3.0% | |
| ADBE | F | -2.98% | |
| MNST | D | -2.95% | |
| MSFT | D | -2.89% | |
| VRTX | D | -2.79% | |
| GNTX | D | -2.66% | |
| PSA | C | -2.59% | |
| CTRA | D | -2.36% | |
| CTSH | B | -2.35% | |
| ADP | A | -2.29% | |
| UTHR | C | -2.28% |
MDEV: Top Represented Industries & Keywords
KONG: Top Represented Industries & Keywords
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