Morningstar

First Trust Indxx Global Medical Devices ETF MDEV

Morningstar Medalist Rating
Medalist Rating as of | See First Trust Investment Hub

Morningstar’s Analysis MDEV

Will MDEV outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MDEV’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MDEV management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MDEV’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

First Trust Indxx Global Mdcl Dvcs ETF holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings MDEV

More MDEV Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 24.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

West Pharmaceutical Services Inc

2.68 50,426
Healthcare

LivaNova PLC

2.65 49,834
Healthcare

Demant AS

2.58 48,445
Healthcare

Baxter International Inc

2.50 46,935
Healthcare

DexCom Inc

2.39 44,920
Healthcare

Edwards Lifesciences Corp

2.38 44,733
Healthcare

Waters Corp

2.36 44,346
Healthcare

Revvity Inc

2.36 44,334
Healthcare

Agilent Technologies Inc

2.34 43,892
Healthcare

Straumann Holding AG

2.30 43,274
Healthcare

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