MGRO vs. MDEV ETF Comparison
Comparison of SHL Telemedicine Ltd VanEck Morningstar Wide Moat Growth ETF (MGRO) to First Trust Indxx Medical Devices ETF (MDEV)
MGRO
SHL Telemedicine Ltd VanEck Morningstar Wide Moat Growth ETF
MGRO Description
The fund invests at least 80% of its total assets in securities that comprise the index. The index is comprised of equity securities of companies that Morningstar, Inc. determines have sustainable competitive advantages based on a proprietary methodology that considers quantitative and qualitative factors and are attractively priced and weighted according to a modified equal weighting scheme that tilts exposure in favor of pure growth companies. It is non-diversified.
Grade (RS Rating)
Last Trade
$28.53
Average Daily Volume
432
10
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
$19.90
Average Daily Volume
783
28
Performance
| Period | MGRO | MDEV |
|---|---|---|
| 30 Days | 1.39% | -3.35% |
| 60 Days | -0.54% | -2.57% |
| 90 Days | -4.34% | -4.53% |
| 12 Months | -1.94% |
1 Overlapping Holdings
| Symbol | Grade | Weight in MGRO | Weight in MDEV | Overlap | |
|---|---|---|---|---|---|
| A | D | 4.29% | 1.9% | 1.9% |
MGRO Underweight 27 Positions Relative to MDEV
| Symbol | Grade | Weight | |
|---|---|---|---|
| GMED | B | -2.8% | |
| ISRG | A | -2.42% | |
| BSX | B | -2.39% | |
| PODD | C | -2.39% | |
| STE | C | -2.28% | |
| MTD | D | -2.27% | |
| RMD | C | -2.16% | |
| EW | B | -2.15% | |
| DHR | D | -2.13% | |
| TFX | C | -2.09% | |
| BDX | F | -2.07% | |
| SYK | B | -2.07% | |
| MDT | D | -2.05% | |
| HOLX | C | -2.02% | |
| ABT | D | -2.01% | |
| TMO | D | -1.96% | |
| BIO | D | -1.9% | |
| GEHC | D | -1.88% | |
| WAT | D | -1.87% | |
| ZBH | D | -1.81% | |
| WST | F | -1.8% | |
| MASI | F | -1.75% | |
| DXCM | D | -1.75% | |
| BAX | C | -1.73% | |
| PEN | D | -1.72% | |
| ALGN | D | -1.62% | |
| EXAS | D | -1.26% |
MGRO: Top Represented Industries & Keywords
MDEV: Top Represented Industries & Keywords
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