First Trust Indxx Global Medical Devices ETF (MDEV)

First Trust Indxx Global Medical Devices ETF (MDEV) is an exchange-traded fund in the Health category. It has $3.13M in assets, an expense ratio of 0.70% and a 0.00% dividend yield. 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.