PortfoliosLab logo

First Trust Indxx Medical Devices ETF (MDEV)

ETF · Currency in USD · Last updated May 19, 2022

MDEV is a passive ETF by First Trust tracking the investment results of the Indxx Global Medical Equipment Index. MDEV launched on Jun 22, 2021 and has a 0.70% expense ratio.

ETF Info

Trading Data

  • Previous Close$19.55
  • EMA (50)$20.83
  • EMA (200)$23.88
  • Average Volume$430.64

MDEVShare Price Chart


Chart placeholderClick Calculate to get results

MDEVPerformance

The chart shows the growth of $10,000 invested in First Trust Indxx Medical Devices ETF on Jun 24, 2021 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $7,520 for a total return of roughly -24.80%. All prices are adjusted for splits and dividends.


MDEV (First Trust Indxx Medical Devices ETF)
Benchmark (^GSPC)

MDEVReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M-12.39%-10.68%
YTD-27.80%-17.68%
6M-28.06%-16.53%
1Y-24.80%-7.50%
5YN/AN/A
10YN/AN/A

MDEVMonthly Returns Heatmap


Chart placeholderClick Calculate to get results

MDEVSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The chart below displays rolling 12-month Sharpe Ratio.


Chart placeholderNot enough data

MDEVDividend History


First Trust Indxx Medical Devices ETF doesn't pay dividends

MDEVDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


MDEV (First Trust Indxx Medical Devices ETF)
Benchmark (^GSPC)

MDEVWorst Drawdowns

The table below shows the maximum drawdowns of the First Trust Indxx Medical Devices ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the First Trust Indxx Medical Devices ETF is 34.59%, recorded on May 11, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-34.59%Sep 8, 2021171May 11, 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
-0.64%Aug 26, 20211Aug 26, 20212Aug 30, 20213

MDEVVolatility Chart

Current First Trust Indxx Medical Devices ETF volatility is 42.57%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


MDEV (First Trust Indxx Medical Devices ETF)
Benchmark (^GSPC)

Portfolios with First Trust Indxx Medical Devices ETF


Loading data...

More Tools for First Trust Indxx Medical Devices ETF