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
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Portfolio Holdings MDEV

More MDEV Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 21.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

GE HealthCare Technologies Inc Common Stock

2.22 74,357
Healthcare

West Pharmaceutical Services Inc

2.18 72,917
Healthcare

Teleflex Inc

2.16 72,250
Healthcare

Insulet Corp

2.15 72,132
Healthcare

Stryker Corp

2.15 72,014
Healthcare

Cochlear Ltd

2.13 71,412
Healthcare

Alcon Inc

2.13 71,196
Healthcare

Koninklijke Philips NV

2.12 71,087
Healthcare

Globus Medical Inc Class A

2.12 71,054
Healthcare

Smith & Nephew PLC

2.12 71,016
Healthcare

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