First Trust Indxx Global Medical Devices ETF (MDEV)Health | Exchange Traded Fund | Cboe US
21.37 USD
-0.02
(-0.104%) ⇩
(Aug. 27, 2026, 12:19 p.m.
EDT)
|
Hot Take ↕ | Aug. 22, 2026, 1:34 a.m. EDT
The medical device sector faces a headwind here, evidenced by a four-year cumulative decline of roughly 22%. While the business showed resilience with double-digit gains in 2023 and 2024, the most recent annual performance turned negative, dragging the long-term trajectory down. This recent dip prevents a 'solid buy' rating despite the sector's long-term growth thesis, as the market has clearly punished the asset recently. On the short end, price momentum is neutral; the stock is hovering near its 50-day moving average after a period of consolidation, offering no immediate catalyst for a breakout. The dividend is negligible, barely registering on the radar, which is typical for an ETF focused on capital appreciation rather than income. With options flow showing almost no speculative interest, there is no hidden sentiment driving the price. The investment case remains neutral until the multi-year downtrend shows a definitive reversal. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.054871 |
| AutoARIMA | 0.056806 |
| AutoETS | 0.057466 |
| AutoTheta | 0.060089 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 54% |
| H-stat | 25.70 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.092 |
| Excess Kurtosis | -1.56 |
| Attribute | Value |
|---|---|
| Trailing P/E | 30.81 |
As of Aug. 22, 2026, 1:34 a.m. EDT: Options activity is virtually dormant with zero open interest or volume recorded for out-of-the-money strikes in the nearest expiration. The only notable positioning is a small amount of in-the-money call open interest at the $19 strike, suggesting minimal speculative bullish bias but a lack of significant directional conviction from retail traders.
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-25 | 0.022 | 0.114446 |
| Attribute | Value |
|---|---|
| All Time High | 28.08 |
| All Time Low | 16.158 |
| Ask | 0.0 |
| Ask Size | 100 |
| Average Daily Volume10 Day | 1,040 |
| Average Daily Volume3 Month | 3,293 |
| Average Volume | 3,293 |
| Average Volume10Days | 1,040 |
| Beta3 Year | 0.91 |
| Bid | 0.0 |
| Bid Size | 900 |
| Category | Health |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 21.3694 |
| Day Low | 21.3694 |
| Dividend Yield | 0.0 |
| Eps Trailing Twelve Months | 0.69350404 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 20.19986 |
| Fifty Day Average Change | 1.1695404 |
| Fifty Day Average Change Percent | 0.057898443 |
| Fifty Two Week Change Percent | 5.115843 |
| Fifty Two Week High | 21.82 |
| Fifty Two Week High Change | -0.45059967 |
| Fifty Two Week High Change Percent | -0.020650765 |
| Fifty Two Week Low | 17.853 |
| Fifty Two Week Low Change | 3.5163994 |
| Fifty Two Week Low Change Percent | 0.19696406 |
| Fifty Two Week Range | 17.853 - 21.82 |
| First Trade Date Milliseconds | 1,624,541,400,000 |
| Five Year Average Return | -0.0450354 |
| Full Exchange Name | Cboe US |
| Fullday Change | -0.0223007 |
| Fullday Change Percent | -0.104249 |
| Fund Family | First Trust |
| Fund Inception Date | 1,624,320,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund will invest at least 80% of its net assets (plus any investment borrowings) in the securities that comprise the index. The index is designed to track the performance of companies that are associated with the medical equipment industry, as determined by the index provider. |
| Long Name | First Trust Indxx Global Medical Devices ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_716357142 |
| Nav Price | 21.44 |
| Net Assets | 3,037,018.0 |
| Net Expense Ratio | 0.7 |
| Open | 21.39 |
| Phone | (800) 621-1675 |
| Previous Close | 21.3917 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.0223007 |
| Regular Market Change Percent | -0.104249 |
| Regular Market Day High | 21.3694 |
| Regular Market Day Low | 21.3694 |
| Regular Market Day Range | 21.3694 - 21.3694 |
| Regular Market Open | 21.39 |
| Regular Market Previous Close | 21.3917 |
| Regular Market Price | 21.3694 |
| Regular Market Time | 1,787,847,541 |
| Regular Market Volume | 97 |
| Short Name | First Trust Indxx Medical Devic |
| Source Interval | 15 |
| Symbol | MDEV |
| Three Year Average Return | 0.033447 |
| Total Assets | 3,037,018 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 30.813663 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 8.98816 |
| Trailing Three Month Returns | 8.98816 |
| Triggerable | 1 |
| Two Hundred Day Average | 20.037504 |
| Two Hundred Day Average Change | 1.3318958 |
| Two Hundred Day Average Change Percent | 0.066470146 |
| Type Disp | ETF |
| Volume | 97 |
| Yield | 0.0 |
| Ytd Return | -3.75475 |