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First Trust Indxx Medical Devices ETF (MDEV)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US33738R6392

Inception Date

Jun 22, 2021

Region

Global (Broad)

Leveraged

1x

Index Tracked

Indxx Global Medical Equipment Index

Asset Class

Equity

Expense Ratio

MDEV has an expense ratio of 0.70%, placing it in the medium range.


Expense ratio chart for MDEV: current value is 0.70%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
MDEV: 0.70%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in First Trust Indxx Medical Devices ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-20.00%0.00%20.00%40.00%NovemberDecember2025FebruaryMarchApril
-21.31%
30.26%
MDEV (First Trust Indxx Medical Devices ETF)
Benchmark (^GSPC)

Returns By Period

First Trust Indxx Medical Devices ETF had a return of -3.37% year-to-date (YTD) and -1.32% in the last 12 months.


MDEV

YTD

-3.37%

1M

-2.33%

6M

-7.69%

1Y

-1.32%

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

-6.06%

1M

-2.95%

6M

-4.87%

1Y

8.34%

5Y*

13.98%

10Y*

10.15%

*Annualized

Monthly Returns

The table below presents the monthly returns of MDEV, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20257.79%-6.15%-3.13%-1.39%-3.37%
2024-0.39%2.98%3.25%-6.31%1.60%-2.48%2.86%6.16%2.63%-4.85%1.85%-4.67%1.79%
20236.45%-3.81%5.87%3.55%-6.47%6.31%-0.40%-6.12%-8.00%-7.64%11.85%8.45%7.56%
2022-13.45%-1.14%-0.14%-12.35%1.02%-8.86%8.24%-8.28%-9.50%5.22%10.28%-0.66%-28.59%
20210.92%4.53%2.24%-4.72%1.56%-4.28%4.27%4.16%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of MDEV is 16, meaning it’s performing worse than 84% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of MDEV is 1616
Overall Rank
The Sharpe Ratio Rank of MDEV is 1616
Sharpe Ratio Rank
The Sortino Ratio Rank of MDEV is 1515
Sortino Ratio Rank
The Omega Ratio Rank of MDEV is 1515
Omega Ratio Rank
The Calmar Ratio Rank of MDEV is 1818
Calmar Ratio Rank
The Martin Ratio Rank of MDEV is 1515
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for First Trust Indxx Medical Devices ETF (MDEV) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The chart of Sharpe ratio for MDEV, currently valued at -0.11, compared to the broader market-1.000.001.002.003.004.00
MDEV: -0.11
^GSPC: 0.46
The chart of Sortino ratio for MDEV, currently valued at -0.04, compared to the broader market-2.000.002.004.006.008.00
MDEV: -0.04
^GSPC: 0.77
The chart of Omega ratio for MDEV, currently valued at 1.00, compared to the broader market0.501.001.502.002.50
MDEV: 1.00
^GSPC: 1.11
The chart of Calmar ratio for MDEV, currently valued at -0.05, compared to the broader market0.002.004.006.008.0010.0012.00
MDEV: -0.05
^GSPC: 0.47
The chart of Martin ratio for MDEV, currently valued at -0.32, compared to the broader market0.0020.0040.0060.00
MDEV: -0.32
^GSPC: 1.94

The current First Trust Indxx Medical Devices ETF Sharpe ratio is -0.11. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of First Trust Indxx Medical Devices ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00NovemberDecember2025FebruaryMarchApril
-0.11
0.46
MDEV (First Trust Indxx Medical Devices ETF)
Benchmark (^GSPC)

Dividends

Dividend History


First Trust Indxx Medical Devices ETF doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-29.10%
-10.07%
MDEV (First Trust Indxx Medical Devices ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the First Trust Indxx Medical Devices ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the First Trust Indxx Medical Devices ETF was 42.34%, occurring on Sep 27, 2022. The portfolio has not yet recovered.

The current First Trust Indxx Medical Devices ETF drawdown is 29.10%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-42.34%Sep 8, 2021266Sep 27, 2022
-2.81%Aug 6, 20214Aug 11, 20219Aug 24, 202113
-2.06%Jul 8, 20218Jul 19, 20213Jul 22, 202111
-0.92%Jul 26, 20211Jul 26, 20212Jul 28, 20213
-0.91%Jun 30, 20212Jul 1, 20213Jul 7, 20215

Volatility

Volatility Chart

The current First Trust Indxx Medical Devices ETF volatility is 11.97%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%NovemberDecember2025FebruaryMarchApril
11.97%
14.23%
MDEV (First Trust Indxx Medical Devices ETF)
Benchmark (^GSPC)