The best way to invest in

Medical Devices

Invest in the companies developing the next generation of medical technologies - from robotic surgery and diagnostic imaging to implants and monitoring devices. Medical device companies combine defensive healthcare characteristics with innovative growth potential.
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-3.4%* 5Y annualised returns
52 US medical device and diagnostics companies
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We’re licensed by the Securities Commission Malaysia (Licence eCMSL/A0352/2018)

RETURNS DATA

Backed by the technology transforming patient care

1 Year Returns

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Create your Medical Devices portfolio

StashAway ETF Explorer is the smart way to invest in 90+ global asset classes, including Medical Devices.

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It's cost-effective

  • Start investing today to get unlimited free buy orders for your next month.
  • After, it's only $1.99 USD per buy or sell order, excluding SST.
  • No additional management fee, no matter how much you invest.
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It's simple

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  • Automate recurring investments for ease of mind.
  • No minimum balance, no lock-ins, and high liquidity mean you can access your funds anytime.
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It's intelligent

  • Our investment team analyses thousands of ETFs to identify cost-efficient, tax-efficient, and well-managed options.
  • We swap underlying ETFs if a better alternative surfaces, saving you more over time.
Cost-effective icon

It's cost-effective

  • Start investing today to get unlimited free buy orders for your next month.
  • After, it's only $1.99 USD per buy or sell order, excluding SST.
  • No additional management fee, no matter how much you invest.
Simple icon

It's simple

  • Build your portfolio in as little as 1 minute.
  • Automate recurring investments for ease of mind.
  • No minimum balance, no lock-ins, and high liquidity mean you can access your funds anytime.
Intelligent icon

It's intelligent

  • Our investment team analyses thousands of ETFs to identify cost-efficient, tax-efficient, and well-managed options.
  • We swap underlying ETFs if a better alternative surfaces, saving you more over time.

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Own medical devices stocks with one investment

Invest in the technology making surgery safer and healthcare more precise

Asset Class Overview

Medical Devices Snapshot

Key information across returns, asset class profile, and investment details.

Returns

Annualised since inception
+9.95%
Since 31 May 2006
5-year annualised
-3.41%
Since 30 June 2021
1-year annualised
-20.11%
Since 30 June 2025
Year-to-date
-17.20%
Since 2026
Positive years since inception
89.47%
of calendar years

Fund Profile

Asset type
Equities
Fund inception
2006

Fundamentals

Expense ratio
0.38%
Annual ETF expense ratio
1-year dividend yield
0.47%
Trailing 12-month yield
Currency denomination
USD
US Dollar
Disclaimer

RETURNS DATA

Annual returns since 2006

Growth driven by the world's leading medical device companies

Did you know icon

Did you know?

The United States dominates global medical device markets, with US companies holding over 40% of the worldwide market and generating hundreds of billions in annual revenue. Medical devices range from simple bandages to implantable cardiac defibrillators and robotic surgical systems — but the highest-value segment is implants and capital equipment, where companies like Medtronic, Abbott, and Boston Scientific compete globally. The FDA approval pathway for medical devices, while rigorous, is generally faster than drug approval — enabling faster commercialisation of innovations that address significant unmet clinical needs.

PORTFOLIO BREAKDOWN

Sector exposure

Consumer, Non-cyclical

99.8%

Source: Bloomberg. Weights are approximate and subject to change on index rebalance.

PORTFOLIO BREAKDOWN

Geographic exposure