- What are the top holdings of MDEV?
- First Trust Indxx Medical Devices ETF holds 52 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does MDEV have?
- MDEV holds 52 positions as reported by the fund's most recent disclosure.
- What sectors does MDEV invest in?
- First Trust Indxx Medical Devices ETF (MDEV) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is MDEV most exposed to?
- MDEV's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is MDEV a US-only fund?
- The country allocation card on this page shows MDEV's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does MDEV invest in?
- The First Trust Indxx Medical Devices ETF, referred to as "the Fund," aims to achieve investment outcomes that broadly align with the price movements and income generation (yield) of the Indxx Medical Devices Index, prior to accounting for the Fund's own operating expenses. A central aspect of its investment strategy involves committing at least 80% of its total net assets—including any capital borrowed for investment—to the common stocks and depositary receipts that constitute this Index. Employing an indexing methodology, the Fund strives to directly replicate the Index's performance, before any fees or charges are deducted. The underlying Indxx Medical Devices Index is created, managed, and supported by Indxx, Inc., which is designated as the "Index Provider."
