See what your fund actually adds

First Trust Indxx Medical Devices ETF MDEV

Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.

Fund and replication metrics

MDEV compared with its replication portfolio
MeasureMDEVReplication
Annualized growth-3.9%5.8%
Annualized volatility20.6%15.8%
Sharpe ratio-0.090.43
Maximum drawdown38.6%26.1%
Replication fit (R²)0.79 · Tracking error 9.4%

Replication portfolio

The published portfolio below is the investable basket used to model MDEV’s historical return behavior.

MDEV replication basket weights
TickerBuilding blockWeight
XLVSector · Healthcare35.6%
EFGIntl · Growth35.0%
VOTMid-Cap · Growth15.4%
VBKSmall-Cap · Growth14.0%