MDEV — First Trust Exchange-Traded Fund VI - First Trust Indxx Medical Devices ETF
First Trust Exchange-Traded Fund VI - First Trust Indxx Medical Devices ETF (MDEV)
MDEV pays a 0.00% distribution rate, on a 0.70% expense ratio. Total return is -14.9% over the past 5.1 years, 111.5 points behind SPY at 96.6%. Its deepest 1-year drawdown was 18.1%.
MDEV provides exposure to medical devices companies through an equity-focused strategy with a 0.70% expense ratio. The fund distributes no dividend income, making it a non-yielding equity holding designed for capital appreciation rather than current income. This ETF appeals primarily to growth-oriented investors seeking sector-specific exposure to the medical devices industry.
MDEV key facts
- Issuer
- First Trust
- Asset type
- ETF
- Asset class
- Equity
- Inception date
- 06/22/2021
- Expense ratio
- 0.70%
- Distribution rate
- 0.00%
- Trailing yield
- 0.10%
- Last close
- $21.45
- AUM
- $2,907,975
- Average volume
- 100.0
- Last dividend
- $0.0220
- Ex-dividend date
- 06/25/2026
- Payment date
- 09/30/2026
- Beta
- 0.92
- P/E ratio
- 30.9124
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