MMLG vs. FDN ETF Comparison

Comparison of First Trust Multi-Manager Large Growth ETF (MMLG) to First Trust DJ Internet Index Fund (FDN)

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

$30.38

Average Daily Volume

11,693

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FDN

First Trust DJ Internet Index Fund

FDN Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Dow Jones Internet Composite Index (SM) (the "index"). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. It, using an "indexing" investment approach, attempts to replicate, before fees and expenses, the performance of the index. The index is designed to include only companies whose primary focus is Internet-related. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$238.44

Average Daily Volume

388,663

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MMLG	FDN
30 Days	3.93%	8.79%
60 Days	7.39%	13.54%
90 Days	8.32%	17.45%
12 Months	34.71%	41.64%

19 Overlapping Holdings

Symbol	Grade	Weight in MMLG	Weight in FDN	Overlap
ABNB	C	0.31%	2.87%	0.31%
AMZN	C	6.71%	9.62%	6.71%
ANET	C	0.47%	4.25%	0.47%
CRM	B	0.91%	7.55%	0.91%
DASH	B	1.84%	2.82%	1.84%
DDOG	A	2.02%	2.02%	2.02%
DKNG	B	0.27%	0.97%	0.27%
GOOGL	C	2.23%	5.34%	2.23%
HUBS	A	0.28%	1.74%	0.28%
META	D	4.51%	9.46%	4.51%
NET	B	1.27%	1.39%	1.27%
NFLX	A	2.61%	8.49%	2.61%
OKTA	C	1.06%	0.6%	0.6%
PINS	F	0.21%	0.86%	0.21%
RBLX	C	0.8%	1.38%	0.8%
SNOW	B	0.64%	2.19%	0.64%
TEAM	A	2.16%	1.95%	1.95%
VEEV	C	0.6%	1.64%	0.6%
WDAY	B	0.45%	2.76%	0.45%

MMLG Overweight 58 Positions Relative to FDN

Symbol	Grade	Weight
NVDA	B	10.19%
MSFT	D	6.79%
AAPL	C	4.51%
NOW	A	3.95%
SHOP	B	2.74%
AVGO	D	2.05%
UBER	F	1.9%
SPOT	B	1.84%
SE	A	1.84%
NU	C	1.82%
DXCM	C	1.66%
SQ	A	1.65%
ICE	C	1.47%
MA	B	1.46%
LLY	F	1.46%
IOT	A	1.36%
ASML	F	1.28%
ENTG	D	1.1%
V	A	1.09%
TSLA	B	0.84%
RARE	F	0.84%
INTU	B	0.77%
CMG	B	0.75%
ADBE	C	0.67%
ORLY	B	0.63%
MRK	D	0.63%
LYV	A	0.61%
QCOM	F	0.61%
KLAC	F	0.57%
SHW	B	0.56%
IT	C	0.54%
CDNS	B	0.53%
IR	B	0.51%
UNH	B	0.48%
AXP	A	0.47%
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%
AMD	F	0.29%
EL	F	0.29%
TXN	C	0.29%
EW	C	0.28%
FANG	C	0.18%
VST	A	0.12%

MMLG Underweight 22 Positions Relative to FDN

Symbol	Grade	Weight
BKNG	A	-4.91%
CSCO	B	-4.45%
GOOG	C	-4.42%
PYPL	B	-4.26%
CPRT	B	-2.46%
EBAY	D	-1.49%
CVNA	B	-1.34%
GDDY	A	-1.27%
ZM	C	-1.03%
NTNX	B	-0.85%
DOCU	B	-0.79%
VRSN	C	-0.74%
AKAM	D	-0.67%
JNPR	D	-0.61%
PAYC	B	-0.55%
CIEN	C	-0.5%
SMAR	B	-0.37%
CFLT	B	-0.36%
DBX	B	-0.32%
MARA	B	-0.3%
BOX	B	-0.25%
ZI	D	-0.15%