First Trust Exchange Traded Etf Profile
| MDEV Etf | USD 21.50 0.17 0.80% |
Performance0 of 100
| Odds Of DistressLess than 9
|
First Trust is selling for under 21.50 as of the 28th of November 2024; that is 0.80 percent increase since the beginning of the trading day. The etf's lowest day price was 21.5. First Trust has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for First Trust Exchange Traded are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
The fund will invest at least 80 percent of its net assets in the common stocks and depositary receipts that comprise the index. First Trust is traded on BATS Exchange in the United States. More on First Trust Exchange Traded
Moving together with First Etf
| 0.64 | XLV | Health Care Select | PairCorr |
| 0.64 | VHT | Vanguard Health Care | PairCorr |
| 0.61 | IBB | iShares Biotechnology ETF | PairCorr |
Moving against First Etf
First Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Sector ETFs, Health Care ETFs, Health, First Trust (View all Sectors) |
| Issuer | First Trust |
| Inception Date | 2021-06-22 |
| Benchmark | Indxx Global Medical Equipment Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 3.2 Million |
| Asset Type | Equity |
| Category | Sector |
| Focus | Health Care |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | First Trust Advisors L.P. |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | First Trust Portfolios L.P. |
| Portfolio Manager | Daniel Lindquist, Jon Erickson, David McGarel, Roger Testin, Stan Ueland, Chris Peterson, Erik Russo |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Mar |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 50.0 |
| Market Maker | Jane Street |
| Total Expense | 0.7 |
| Management Fee | 0.7 |
| Country Name | USA |
| Returns Y T D | 5.67 |
| Currency Code | USD |
| Open Figi | BBG011FJ2MH9 |
| In Threey Volatility | 22.79 |
| 1y Volatility | 18.33 |
| 200 Day M A | 20.9081 |
| 50 Day M A | 21.6628 |
| Code | MDEV |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.38) |
| Type | ETF |
First Trust Exchange Traded [MDEV] is traded in USA and was established 2021-06-22. The fund is listed under Health category and is part of First Trust family. The entity is thematically classified as Sector ETFs. First Trust Exchange now have 1.63 M in assets. , while the total return for the last 3 years was -5.7%.
Check First Trust Probability Of Bankruptcy
Geographic Allocation (%)
First Trust Exchange Currency Exposure
First Trust Exchange Traded holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of First Trust will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in First Trust Exchange Traded.
Top First Trust Exchange Traded Etf Constituents
| MDT | Medtronic PLC | Stock | Health Care | |
| SOON | Sonova H Ag | Stock | Medical Instruments & Supplies | |
| DIM | Sartorius Stedim Biotech | Stock | Medical Instruments & Supplies | |
| PEN | Penumbra | Stock | Health Care | |
| ALGN | Align Technology | Stock | Health Care | |
| SN | Smith Nephew PLC | Stock | Health Care | |
| RMD | ResMed Inc | Stock | Health Care | |
| COH | Cochlear | Stock | Health Care |
First Trust Exchange Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in First Trust. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Mean Deviation | 0.5691 | |||
| Semi Deviation | 0.6506 | |||
| Standard Deviation | 0.7092 | |||
| Variance | 0.5029 |
First Trust Exchange Technical Analysis
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. First Trust Exchange Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe First Trust price patterns.
First Trust Against Markets
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in First Trust Exchange Traded. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
The market value of First Trust Exchange is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Trust's market value can be influenced by many factors that don't directly affect First Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.