MDEVETF / FundFirst Trust Indxx Medical Devices ETF
Verdicts genuinely change. Free email alert the moment MDEV's does — no target price to set, unlike "Alert" above.
Whether this fund clears the published standards, and the filings behind that answer. The screen runs first and nothing on the trading side can override it.
Structure, momentum, positioning and levels. Separate from the Sharia verdict above, which this side never overrides.
First Trust Indxx Medical Devices ETF ETF · First Trust Exchange-Traded Fund VI
51 holdings · as of 2026-06-30 (3.9 months ago) The fund may have traded since. SEC Form N-PORT is filed quarterly and lags the period it covers, so these are the most recent holdings on file, not the fund’s holdings today.
NON-COMPLIANT 15.10% of portfolio weight is in non-compliant holdings, over the 5% threshold.
51 holdings, 46 matched (94% of weight). Portfolio as of 2026-06-30, filed 2026-08-21. Source: SEC Form N-PORT.
0.74% of this portfolio’s income is non-permissible — weighted across holdings, computed over 92% of portfolio weight (45 of 51 holdings). The common approach purifies that proportion of income received — dividends — not of the position’s value. We report the ratio; what to do with it is a question for your own scholar.
79.1% compliant 0.0% questionable 15.1% non-compliant 5.8% unscreened
All holdings (51)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| WST WEST PHARMACEUTICAL SERVICES INC | COMPLIANT | 2.86% | AAOIFI1.3% Usmani7.8% Dow Jones Islamic1.6% S&P Shariah1.4% MSCI Islamic7.7% MSCI Islamic M-Series1.4% FTSE Shariah5.0% |
| DEMANT.CO DEMANT A/S | NON_COMPLIANT | 2.70% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| LIVN LIVANOVA PLC | COMPLIANT | 2.69% | AAOIFI7.7% Usmani13.2% Dow Jones Islamic11.3% S&P Shariah11.6% MSCI Islamic13.2% MSCI Islamic M-Series11.6% FTSE Shariah11.0% |
| BAX BAXTER INTERNATIONAL INC | NON_COMPLIANT | 2.55% | AAOIFI1.6% Usmani1.1% Dow Jones Islamic1.6% S&P Shariah1.4% MSCI Islamic1.1% MSCI Islamic M-Series1.4% FTSE Shariah0.0% |
| RVTY REVVITY INC | COMPLIANT | 2.54% | AAOIFI23.1% Usmani27.9% Dow Jones Islamic27.9% S&P Shariah27.2% MSCI Islamic27.9% MSCI Islamic M-Series27.2% FTSE Shariah26.7% |
| STMN.SW STRAUMANN HOLDING AG | COMPLIANT | 2.53% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 2359.HK WUXI APPTEC CO LTD | COMPLIANT | 2.44% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| WAT WATERS CORP | COMPLIANT | 2.40% | AAOIFI14.1% Usmani21.2% Dow Jones Islamic21.2% S&P Shariah23.3% MSCI Islamic21.2% MSCI Islamic M-Series23.3% FTSE Shariah19.7% |
| EW EDWARDS LIFESCIENCES CORP | COMPLIANT | 2.38% | AAOIFI1.4% Usmani5.1% Dow Jones Islamic1.5% S&P Shariah1.5% MSCI Islamic5.1% MSCI Islamic M-Series1.5% FTSE Shariah4.3% |
| A AGILENT TECHNOLOGIES INC | COMPLIANT | 2.37% | AAOIFI9.3% Usmani28.3% Dow Jones Islamic10.8% S&P Shariah10.7% MSCI Islamic28.3% MSCI Islamic M-Series10.7% FTSE Shariah28.3% |
| OCPNF OLYMPUS CORP | COMPLIANT | 2.20% | AAOIFI10.5% Usmani15.6% Dow Jones Islamic10.5% S&P Shariah10.1% MSCI Islamic15.6% MSCI Islamic M-Series10.1% FTSE Shariah15.6% |
| TFX TELEFLEX INC | NON_COMPLIANT | 2.19% | AAOIFI50.9% Usmani44.0% Dow Jones Islamic46.9% S&P Shariah39.1% MSCI Islamic44.0% MSCI Islamic M-Series39.1% FTSE Shariah41.4% |
| BIO BIO-RAD LABORATORIES INC | COMPLIANT | 2.16% | AAOIFI9.3% Usmani9.5% Dow Jones Islamic11.8% S&P Shariah11.6% MSCI Islamic9.5% MSCI Islamic M-Series11.6% FTSE Shariah7.8% |
| DXCM DEXCOM INC | COMPLIANT | 2.16% | AAOIFI4.1% Usmani21.7% Dow Jones Islamic4.7% S&P Shariah4.0% MSCI Islamic20.9% MSCI Islamic M-Series4.0% FTSE Shariah19.3% |
| 6869.T SYSMEX CORP | COMPLIANT | 2.14% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| DIM.PA SARTORIUS STEDIM BIOTECH SA | COMPLIANT | 2.13% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 4543.T TERUMO CORP | COMPLIANT | 2.12% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| SOON.SW SONOVA HOLDING AG | COMPLIANT | 2.11% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| MMSI MERIT MEDICAL SYSTEMS INC | COMPLIANT | 2.08% | AAOIFI15.3% Usmani28.6% Dow Jones Islamic15.9% S&P Shariah16.6% MSCI Islamic28.6% MSCI Islamic M-Series16.6% FTSE Shariah25.7% |
| TMO THERMO FISHER SCIENTIFIC INC | COMPLIANT | 2.06% | AAOIFI20.5% Usmani40.3% Dow Jones Islamic23.4% S&P Shariah22.9% MSCI Islamic40.3% MSCI Islamic M-Series22.9% FTSE Shariah40.3% |
| COO COOPER COMPANIES INC (THE) | COMPLIANT | 2.06% | AAOIFI23.0% Usmani20.1% Dow Jones Islamic16.7% S&P Shariah15.5% MSCI Islamic20.1% MSCI Islamic M-Series15.5% FTSE Shariah20.1% |
| DHR DANAHER CORP | COMPLIANT | 2.06% | AAOIFI18.2% Usmani28.8% Dow Jones Islamic17.7% S&P Shariah16.7% MSCI Islamic28.8% MSCI Islamic M-Series16.7% FTSE Shariah28.8% |
| AFX.DE CARL ZEISS MEDITEC AG | COMPLIANT | 2.05% | AAOIFI4.8% Usmani7.8% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic3.9% MSCI Islamic M-Seriespass FTSE Shariah3.9% |
| FISHER & PAYKEL HEALTHCARE CORP LTD | UNSCREENED | 2.01% | no in-house ratios for this holding |
| BDX BECTON DICKINSON & COMPANY | NON_COMPLIANT | 2.01% | AAOIFI33.4% Usmani33.1% Dow Jones Islamic30.8% S&P Shariah28.7% MSCI Islamic33.1% MSCI Islamic M-Series28.7% FTSE Shariah33.1% |
| MTD METTLER-TOLEDO INTERNATIONAL INC | COMPLIANT | 2.00% | AAOIFI7.8% Usmani57.5% Dow Jones Islamic8.0% S&P Shariah7.9% MSCI Islamic57.5% MSCI Islamic M-Series7.9% FTSE Shariah57.5% |
| ALGN ALIGN TECHNOLOGY INC | COMPLIANT | 2.00% | AAOIFI1.1% Usmani1.9% Dow Jones Islamic1.0% S&P Shariah0.8% MSCI Islamic1.9% MSCI Islamic M-Series0.8% FTSE Shariah0.0% |
| PEN PENUMBRA INC | COMPLIANT | 1.96% | AAOIFI1.5% Usmani10.8% Dow Jones Islamic1.7% S&P Shariah1.9% MSCI Islamic9.7% MSCI Islamic M-Series1.9% FTSE Shariah0.0% |
| PHG KONINKLIJKE PHILIPS NV | NON_COMPLIANT | 1.96% | AAOIFI37.6% Usmani30.0% Dow Jones Islamic39.2% S&P Shariah42.2% MSCI Islamic30.0% MSCI Islamic M-Series42.2% FTSE Shariah30.0% |
| STE STERIS PLC | COMPLIANT | 1.94% | AAOIFI9.4% Usmani19.1% Dow Jones Islamic9.1% S&P Shariah9.3% MSCI Islamic19.1% MSCI Islamic M-Series9.3% FTSE Shariah17.6% |
| SYK STRYKER CORP | COMPLIANT | 1.90% | AAOIFI14.6% Usmani32.2% Dow Jones Islamic11.3% S&P Shariah11.8% MSCI Islamic32.2% MSCI Islamic M-Series11.8% FTSE Shariah31.2% |
| ZBH ZIMMER BIOMET HOLDINGS INC | NON_COMPLIANT | 1.89% | AAOIFI40.7% Usmani32.8% Dow Jones Islamic39.1% S&P Shariah36.3% MSCI Islamic32.8% MSCI Islamic M-Series36.3% FTSE Shariah32.8% |
| ABT ABBOTT LABORATORIES | COMPLIANT | 1.85% | AAOIFI19.2% Usmani31.9% Dow Jones Islamic17.6% S&P Shariah18.3% MSCI Islamic31.9% MSCI Islamic M-Series18.3% FTSE Shariah30.8% |
| MDT MEDTRONIC PLC | COMPLIANT | 1.84% | AAOIFI24.4% Usmani31.5% Dow Jones Islamic26.4% S&P Shariah27.4% MSCI Islamic31.4% MSCI Islamic M-Series27.4% FTSE Shariah30.2% |
| SHL.DE SIEMENS HEALTHINEERS AG | COMPLIANT | 1.81% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| ISRG INTUITIVE SURGICAL INC | COMPLIANT | 1.80% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| GEHC GE HEALTHCARE TECHNOLOGIES INC | NON_COMPLIANT | 1.80% | AAOIFI34.9% Usmani28.5% Dow Jones Islamic30.2% S&P Shariah30.1% MSCI Islamic28.4% MSCI Islamic M-Series30.1% FTSE Shariah27.3% |
| GMED GLOBUS MEDICAL INC | COMPLIANT | 1.79% | AAOIFI1.1% Usmani2.0% Dow Jones Islamic1.1% S&P Shariah1.2% MSCI Islamic2.0% MSCI Islamic M-Series1.2% FTSE Shariah0.0% |
| ALC ALCON AG | COMPLIANT | 1.78% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| SNN SMITH & NEPHEW PLC | COMPLIANT | 1.77% | AAOIFI34.9% Usmani29.8% Dow Jones Islamic11.8% S&P Shariah12.5% MSCI Islamic29.8% MSCI Islamic M-Series12.5% FTSE Shariah29.8% |
| RMD RESMED INC | COMPLIANT | 1.75% | AAOIFI2.6% Usmani9.2% Dow Jones Islamic2.4% S&P Shariah2.6% MSCI Islamic9.2% MSCI Islamic M-Series2.6% FTSE Shariah7.4% |
| COLO-B.CO COLOPLAST A/S | COMPLIANT | 1.74% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| LMAT LEMAITRE VASCULAR INC | COMPLIANT | 1.72% | AAOIFI1.2% Usmani3.3% Dow Jones Islamic1.0% S&P Shariah1.1% MSCI Islamic3.3% MSCI Islamic M-Series1.1% FTSE Shariah0.0% |
| SHANGHAI MICROPORT MEDBOT (GROUP) CO LTD | UNSCREENED | 1.68% | no in-house ratios for this holding |
| HOYA CORP | UNSCREENED | 1.61% | no in-house ratios for this holding |
| PODD INSULET CORP | COMPLIANT | 1.59% | AAOIFI9.6% Usmani30.0% Dow Jones Islamic5.3% S&P Shariah5.9% MSCI Islamic30.0% MSCI Islamic M-Series5.9% FTSE Shariah30.0% |
| BIM.PA BIOMERIEUX SA | COMPLIANT | 1.52% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| CHEOY COCHLEAR LTD | COMPLIANT | 1.42% | AAOIFI2.2% Usmani16.3% Dow Jones Islamic2.8% S&P Shariah2.6% MSCI Islamic8.2% MSCI Islamic M-Series2.6% FTSE Shariah8.2% |
| BSX BOSTON SCIENTIFIC CORP | COMPLIANT | 1.42% | AAOIFI19.4% Usmani27.9% Dow Jones Islamic10.0% S&P Shariah10.9% MSCI Islamic27.9% MSCI Islamic M-Series10.9% FTSE Shariah27.9% |
| DREYFUS GOVERNMENT CASH MANAGEMENT FUNDS | UNSCREENED | 0.46% | no in-house ratios for this holding |
| HOLOGIC INC | UNSCREENED | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 15 points of portfolio weight — 76.7% of it passes Dow Jones Islamic, 62.1% passes MSCI Islamic. Which number is yours depends on which standard you follow.
These bars are the financial-ratio result under each standard — debt, receivables and interest income. They do not screen what the business does, so a holding can pass every ratio here and still be questionable or non-compliant on activity. The blended verdict above accounts for both.
ratios pass on 71.2% ratios fail on 16.0% 12.8% not rated under AAOIFI
ratios pass on 66.1% ratios fail on 21.1% 12.8% not rated under Usmani
ratios pass on 76.7% ratios fail on 10.5% 12.8% not rated under Dow Jones Islamic
ratios pass on 76.7% ratios fail on 10.5% 12.8% not rated under S&P Shariah
ratios pass on 62.1% ratios fail on 25.1% 12.8% not rated under MSCI Islamic
ratios pass on 76.7% ratios fail on 10.5% 12.8% not rated under MSCI Islamic M-Series
ratios pass on 72.4% ratios fail on 14.8% 12.8% not rated under FTSE Shariah
46 of 51 listed holdings carry our own per-methodology verdicts (94% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 35 (71% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
Methodology breakdown computing — it will appear here on its own.
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Why this signal?
The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.
First Trust Indxx Medical Devices ETF (MDEV) is currently considered not halal (non-compliant), per our own look-through to its filed holdings. See its filed holdings and the weight breakdown below for the reasoning.
🕌 In-house Compliance Research
Computing the full ratio and business-activity breakdown for MDEV — this runs off the critical path so the page paints first. It will appear here on its own.
Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset
Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.
Price Forecast
The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally below. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.
Technical Summary
Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.
Every indicator, and what it reads
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 69.90 | NEUTRAL |
| Stochastic %K (14) | 96.53 | SELL |
| CCI (20) | 110.34 | SELL |
| Williams %R (14) | -3.47 | SELL |
| MACD (12,26,9) | 0.09 | BUY |
| ROC (10) | 4.92 | BUY |
| Momentum (10) | 1.04 | BUY |
| EMA (10) | 21.75 | BUY |
| SMA (10) | 21.76 | BUY |
| EMA (20) | 21.45 | BUY |
| SMA (20) | 21.27 | BUY |
| EMA (30) | 21.27 | BUY |
| SMA (30) | 21.08 | BUY |
| EMA (50) | 21.02 | BUY |
| SMA (50) | 21.05 | BUY |
| EMA (100) | 20.62 | BUY |
| SMA (100) | 20.41 | BUY |
| EMA (200) | 20.42 | BUY |
| SMA (200) | 19.99 | BUY |
About First Trust Indxx Medical Devices ETF
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.
Background via Yahoo Finance — informational, not part of the verdict.
Weak — low conviction, small size or skip
SMC — Top Down
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
| Timeframe | Bias | Bars |
|---|---|---|
| 📅 Daily | BULLISH | 42 |
| ⏲ 5-Min | BULLISH | 25 |
Momentum & Volume
Rate of change and relative volume against this symbol's own recent history. Momentum describes what price has done; it is not a claim about what it will do.
Peer Movement
How the rest of the sector moved over the same window. Context for a price move, never a cause of one.
Peer movement computing — it will appear here on its own.
Before you act on this
The questions worth asking about any verdict on this page, answered plainly.
Is a fund screened on its name?
No. HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A fund marketed as Islamic still gets the same look-through as any other.
What does unrated weight mean?
It is the share of the fund whose holdings HTR cannot cover far enough to rate. It is reported as unrated rather than counted as compliant, because a holding nobody screened should not look like one that passed.
Does the issuer's board make it compliant?
It matters, and it is noted, but it does not replace the look-through. The board's judgement and the holdings screen are shown separately so you can see when they agree and when they do not.
How often is this re-screened?
When the fund files new holdings, and on a rolling basis besides. The date on the verdict above is the last time this fund was actually recomputed.
Open research, not a fatwa. HTR applies published screening standards to filings and publishes what they say, including when they disagree. Nothing here is financial advice or a recommendation to buy or sell. Verdicts can change when new filings land.
Compare with
Same screen, different answers. Comparison is where the standards disagreeing becomes useful rather than confusing.
Peer screening computing — it will appear here on its own.
Insider Activity (90d)
Insider transactions reported in the last ninety days. Insiders sell for reasons that have nothing to do with a view, so a sale on its own is not a signal.
NO DATA 0 buys · 0 sells
COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE
The weekly CFTC Commitments of Traders report for the broad market it tracks, not for this symbol. Positioning context for the tape — it says nothing about this company.
NEUTRAL report date 2026-10-20 · Asset managers net 901377 (-14458)
AI Summary
Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.