BTEC vs. MDEV
Compare and contrast key facts about Principal Healthcare Innovators Index ETF (BTEC) and First Trust Indxx Medical Devices ETF (MDEV).
BTEC and MDEV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BTEC is a passively managed fund by Principal that tracks the performance of the NASDAQ U.S. Health Care Innovators Index. It was launched on Aug 19, 2016. MDEV is a passively managed fund by First Trust that tracks the performance of the Indxx Global Medical Equipment Index. It was launched on Jun 22, 2021. Both BTEC and MDEV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
BTEC vs. MDEV - Performance Comparison
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BTEC vs. MDEV - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
BTEC Principal Healthcare Innovators Index ETF | 0.00% |
MDEV First Trust Indxx Medical Devices ETF | -8.08% |
Returns By Period
BTEC
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MDEV
- 1D
- 0.55%
- 1M
- -7.19%
- YTD
- -8.91%
- 6M
- -5.62%
- 1Y
- -4.32%
- 3Y*
- -2.10%
- 5Y*
- —
- 10Y*
- —
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BTEC vs. MDEV - Expense Ratio Comparison
BTEC has a 0.42% expense ratio, which is lower than MDEV's 0.70% expense ratio.
Return for Risk
BTEC vs. MDEV — Risk / Return Rank
BTEC
MDEV
BTEC vs. MDEV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal Healthcare Innovators Index ETF (BTEC) and First Trust Indxx Medical Devices ETF (MDEV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| BTEC | MDEV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | -0.23 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | — | -0.30 | — |
Dividends
BTEC vs. MDEV - Dividend Comparison
Neither BTEC nor MDEV has paid dividends to shareholders.
Drawdowns
BTEC vs. MDEV - Drawdown Comparison
The maximum BTEC drawdown since its inception was 0.00%, smaller than the maximum MDEV drawdown of -42.34%. Use the drawdown chart below to compare losses from any high point for BTEC and MDEV.
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Drawdown Indicators
| BTEC | MDEV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | 0.00% | -42.34% | +42.34% |
Max Drawdown (1Y)Largest decline over 1 year | — | -14.88% | — |
Current DrawdownCurrent decline from peak | 0.00% | -31.83% | +31.83% |
Average DrawdownAverage peak-to-trough decline | 0.00% | -25.40% | +25.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.70% | — |
Volatility
BTEC vs. MDEV - Volatility Comparison
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Volatility by Period
| BTEC | MDEV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 5.62% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 10.78% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 0.00% | 18.99% | -18.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.00% | 18.99% | -18.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.00% | 18.99% | -18.99% |