MMLG vs. EVNT ETF Comparison
Comparison of First Trust Multi-Manager Large Growth ETF (MMLG) to AltShares Event-Driven ETF (EVNT)
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
$30.47
Average Daily Volume
12,050
77
EVNT
AltShares Event-Driven ETF
EVNT Description
AltShares Event-Driven ETF is an exchange traded fund launched and managed by Water Island Capital, LLC. The fund invests in the public equity and fixed income markets across the globe. For its equity portion, the fund invests in stocks of companies operating across diversified sectors. It invests in event-driven/arbitrage stocks of companies across diversified market capitalization. The fund invests in fixed income securities with varying maturities. AltShares Event-Driven ETF is domiciled in the United States.Grade (RS Rating)
Last Trade
$10.67
Average Daily Volume
482
44
Performance
| Period | MMLG | EVNT |
|---|---|---|
| 30 Days | 5.74% | 0.52% |
| 60 Days | 7.34% | 0.81% |
| 90 Days | 8.66% | 2.10% |
| 12 Months | 35.13% | 7.44% |
1 Overlapping Holdings
| Symbol | Grade | Weight in MMLG | Weight in EVNT | Overlap | |
|---|---|---|---|---|---|
| SNOW | C | 0.64% | 0.74% | 0.64% |
MMLG Overweight 76 Positions Relative to EVNT
| Symbol | Grade | Weight | |
|---|---|---|---|
| NVDA | C | 10.19% | |
| MSFT | F | 6.79% | |
| AMZN | C | 6.71% | |
| AAPL | C | 4.51% | |
| META | D | 4.51% | |
| NOW | A | 3.95% | |
| SHOP | B | 2.74% | |
| NFLX | A | 2.61% | |
| GOOGL | C | 2.23% | |
| TEAM | A | 2.16% | |
| AVGO | D | 2.05% | |
| DDOG | A | 2.02% | |
| UBER | D | 1.9% | |
| SPOT | B | 1.84% | |
| SE | B | 1.84% | |
| DASH | A | 1.84% | |
| NU | C | 1.82% | |
| DXCM | D | 1.66% | |
| SQ | B | 1.65% | |
| ICE | C | 1.47% | |
| MA | C | 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 | D | 0.84% | |
| RBLX | C | 0.8% | |
| INTU | C | 0.77% | |
| CMG | B | 0.75% | |
| ADBE | C | 0.67% | |
| ORLY | B | 0.63% | |
| MRK | F | 0.63% | |
| LYV | A | 0.61% | |
| QCOM | F | 0.61% | |
| VEEV | C | 0.6% | |
| KLAC | D | 0.57% | |
| SHW | A | 0.56% | |
| IT | C | 0.54% | |
| CDNS | B | 0.53% | |
| IR | B | 0.51% | |
| UNH | C | 0.48% | |
| ANET | C | 0.47% | |
| AXP | A | 0.47% | |
| WDAY | B | 0.45% | |
| PANW | C | 0.43% | |
| VRTX | F | 0.43% | |
| ARES | A | 0.42% | |
| BSX | B | 0.42% | |
| CDW | F | 0.41% | |
| EQIX | A | 0.41% | |
| PTC | A | 0.4% | |
| SPGI | C | 0.4% | |
| KKR | A | 0.39% | |
| BLDR | D | 0.38% | |
| COHR | B | 0.37% | |
| MDB | C | 0.37% | |
| MNST | C | 0.36% | |
| NKE | D | 0.33% | |
| APH | A | 0.31% | |
| ACGL | D | 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% | |
| DKNG | B | 0.27% | |
| PINS | D | 0.21% | |
| FANG | D | 0.18% | |
| VST | B | 0.12% |
MMLG Underweight 43 Positions Relative to EVNT
| Symbol | Grade | Weight | |
|---|---|---|---|
| HES | B | -4.35% | |
| CTLT | B | -3.94% | |
| HA | D | -3.73% | |
| HCP | B | -3.69% | |
| JNPR | F | -3.35% | |
| PETQ | D | -3.29% | |
| AMED | F | -3.17% | |
| PRFT | D | -3.16% | |
| AXNX | C | -2.98% | |
| ANSS | B | -2.82% | |
| CHX | C | -2.68% | |
| MGRC | B | -2.56% | |
| SRCL | C | -2.55% | |
| X | C | -1.88% | |
| CCI | D | -1.78% | |
| INST | C | -1.77% | |
| K | A | -1.74% | |
| MRO | B | -1.54% | |
| ENV | B | -1.51% | |
| EDR | A | -1.48% | |
| SILK | F | -1.46% | |
| ESGR | B | -1.4% | |
| VZIO | A | -1.21% | |
| RCM | F | -1.19% | |
| DIS | B | -1.07% | |
| SQSP | F | -0.98% | |
| CHUY | D | -0.96% | |
| CPRI | F | -0.92% | |
| AURA | D | -0.86% | |
| PVH | C | -0.85% | |
| PARA | C | -0.83% | |
| CZR | F | -0.81% | |
| PACB | F | -0.81% | |
| VFC | C | -0.78% | |
| GTHX | D | -0.77% | |
| WBD | C | -0.76% | |
| RIVN | F | -0.76% | |
| EVRI | A | -0.7% | |
| BE | B | -0.51% | |
| ACI | C | -0.42% | |
| CLSD | F | -0.33% | |
| WSC | D | --0.9% | |
| SNPS | B | --1.24% |
MMLG: Top Represented Industries & Keywords
EVNT: Top Represented Industries & Keywords
Compare ETFs
