TINY vs. MDEV ETF Comparison
Comparison of ProShares Nanotechnology ETF (TINY) to First Trust Indxx Medical Devices ETF (MDEV)
TINY
ProShares Nanotechnology ETF
TINY Description
TINY is a passively managed fund that invests in securities from developed countries perceived to help businesses use nanotechnology to transform lives and revolutionize different industries. Companies considered should be involved in the production, application, development, or promotion of nanotechnologies. Using natural language processing algorithm, filings and public information are scanned to identify companies that have or are expected to have significant exposure to nanotechnology. Companies are then scored and ranked based on their level of exposure. Only the 30 highest-ranking companies are selected. Securities are weighted by market cap with a maximum limit of 4.5%. The index is reconstituted and rebalanced semi-annually in May and November.
Grade (RS Rating)
Last Trade
$48.24
Average Daily Volume
2,055
20
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
$22.13
Average Daily Volume
499
28
Performance
| Period | TINY | MDEV |
|---|---|---|
| 30 Days | -1.58% | 2.04% |
| 60 Days | 10.45% | 8.30% |
| 90 Days | -9.63% | 13.24% |
| 12 Months | 38.01% | 22.16% |
1 Overlapping Holdings
| Symbol | Grade | Weight in TINY | Weight in MDEV | Overlap | |
|---|---|---|---|---|---|
| A | B | 4.65% | 1.97% | 1.97% |
TINY Overweight 19 Positions Relative to MDEV
TINY Underweight 27 Positions Relative to MDEV
| Symbol | Grade | Weight | |
|---|---|---|---|
| GMED | D | -2.58% | |
| PODD | C | -2.54% | |
| RMD | C | -2.47% | |
| ISRG | C | -2.39% | |
| BSX | A | -2.31% | |
| MTD | B | -2.22% | |
| STE | D | -2.2% | |
| DHR | B | -2.18% | |
| TFX | B | -2.16% | |
| MDT | A | -2.11% | |
| BIO | B | -2.1% | |
| WAT | B | -2.08% | |
| GEHC | B | -2.03% | |
| TMO | C | -2.03% | |
| SYK | C | -2.0% | |
| HOLX | D | -1.96% | |
| ABT | C | -1.95% | |
| BDX | B | -1.91% | |
| MASI | C | -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% |
TINY: Top Represented Industries & Keywords
MDEV: Top Represented Industries & Keywords
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