MMLG vs. ARKF ETF Comparison

Comparison of First Trust Multi-Manager Large Growth ETF (MMLG) to ARK Fintech Innovation ETF (ARKF)

MMLG

First Trust Multi-Manager Large Growth ETF

MMLG Description

The investment seeks to provide long-term capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets in equity securities issued by large capitalization companies. Its portfolio will be principally composed of common stocks issued by companies domiciled in the United States, common stocks issued by non-U.S. companies that are principally traded in the United States and ADR. The fund utilizes a multi-manager approach to provide exposure to the large capitalization growth segment of the equity market through the blending of multiple portfolio management teams. It is non-diversified.

Grade (RS Rating)

Last Trade

$30.44

Average Daily Volume

11,693

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ARKF

ARK Fintech Innovation ETF

ARKF Description

ARKF is an actively managed Exchange Traded Fund (ETF) that seeks long-term growth of capital. It seeks to achieve this investment objective by investing under normal circumstances primarily (at least 80% of its assets) in domestic and foreign equity securities of companies that are engaged in the Fund’s investment theme of financial technology (“Fintech”) innovation. A company is deemed to be engaged in the theme of Fintech innovation if (i) it derives a significant portion of its revenue or market value from the theme of Fintech innovation, or (ii) it has stated its primary business to be in products and services focused on the theme of Fintech innovation. The Adviser defines “Fintech innovation” as the introduction of a technologically enabled new product or service that potentially changes the way the financial sector works, which ARK believes includes but is not limited to the following business platforms: Transaction Innovations; Blockchain Technology; Risk Transformation; Frictionless Funding Platforms; Customer Facing Platforms; New Intermediaries;

Grade (RS Rating)

Last Trade

$38.97

Average Daily Volume

407,606

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MMLG	ARKF
30 Days	3.93%	21.48%
60 Days	7.39%	29.87%
90 Days	8.32%	33.16%
12 Months	34.71%	72.13%

13 Overlapping Holdings

Symbol	Grade	Weight in MMLG	Weight in ARKF	Overlap
AMZN	C	6.71%	0.43%	0.43%
DKNG	B	0.27%	4.25%	0.27%
ICE	C	1.47%	0.96%	0.96%
INTU	B	0.77%	1.5%	0.77%
META	D	4.51%	2.52%	2.52%
NU	C	1.82%	1.79%	1.79%
NVDA	B	10.19%	1.32%	1.32%
PINS	F	0.21%	2.3%	0.21%
RBLX	C	0.8%	3.28%	0.8%
SE	A	1.84%	1.79%	1.79%
SHOP	B	2.74%	11.07%	2.74%
SPOT	B	1.84%	1.67%	1.67%
SQ	A	1.65%	6.13%	1.65%

MMLG Overweight 64 Positions Relative to ARKF

Symbol	Grade	Weight
MSFT	D	6.79%
AAPL	C	4.51%
NOW	A	3.95%
NFLX	A	2.61%
GOOGL	C	2.23%
TEAM	A	2.16%
AVGO	D	2.05%
DDOG	A	2.02%
UBER	F	1.9%
DASH	B	1.84%
DXCM	C	1.66%
MA	B	1.46%
LLY	F	1.46%
IOT	A	1.36%
ASML	F	1.28%
NET	B	1.27%
ENTG	D	1.1%
V	A	1.09%
OKTA	C	1.06%
CRM	B	0.91%
TSLA	B	0.84%
RARE	F	0.84%
CMG	B	0.75%
ADBE	C	0.67%
SNOW	B	0.64%
ORLY	B	0.63%
MRK	D	0.63%
LYV	A	0.61%
QCOM	F	0.61%
VEEV	C	0.6%
KLAC	F	0.57%
SHW	B	0.56%
IT	C	0.54%
CDNS	B	0.53%
IR	B	0.51%
UNH	B	0.48%
ANET	C	0.47%
AXP	A	0.47%
WDAY	B	0.45%
PANW	B	0.43%
VRTX	D	0.43%
ARES	A	0.42%
BSX	A	0.42%
CDW	F	0.41%
EQIX	A	0.41%
PTC	B	0.4%
SPGI	C	0.4%
KKR	A	0.39%
BLDR	D	0.38%
COHR	B	0.37%
MDB	B	0.37%
MNST	C	0.36%
NKE	F	0.33%
APH	A	0.31%
ACGL	C	0.31%
NDSN	B	0.31%
ABNB	C	0.31%
AMD	F	0.29%
EL	F	0.29%
TXN	C	0.29%
EW	C	0.28%
HUBS	A	0.28%
FANG	C	0.18%
VST	A	0.12%

MMLG Underweight 15 Positions Relative to ARKF

Symbol	Grade	Weight
COIN	C	-10.71%
TOST	B	-5.09%
SOFI	B	-4.78%
HOOD	B	-4.64%
PLTR	B	-3.34%
ROKU	D	-3.27%
MELI	C	-3.18%
PATH	C	-2.25%
GLBE	B	-1.78%
RDDT	A	-1.57%
PYPL	B	-1.48%
BILL	A	-1.48%
CRWD	B	-1.31%
Z	A	-1.03%
IBTA	C	-0.56%