MMLG vs. FLRG ETF Comparison

Comparison of First Trust Multi-Manager Large Growth ETF (MMLG) to Fidelity U.S. Multifactor ETF (FLRG)

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

$28.33

Average Daily Volume

19,866

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FLRG

Fidelity U.S. Multifactor ETF

FLRG Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Multifactor Index?. The fund normally invests at least 80% of its assets in securities included in the Fidelity U.S. Multifactor Index?. The Fidelity U.S. Multifactor Index? is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with attractive valuations, high quality profiles, positive momentum signals, and lower volatility than the broader market.

Grade (RS Rating)

Last Trade

$33.59

Average Daily Volume

19,267

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	MMLG	FLRG
30 Days	1.25%	2.15%
60 Days	2.91%	4.81%
90 Days	0.71%	6.21%
12 Months	36.40%	29.18%

19 Overlapping Holdings

Symbol	Grade	Weight in MMLG	Weight in FLRG	Overlap
AAPL	C	4.69%	6.58%	4.69%
ACGL	C	0.44%	0.98%	0.44%
ACN	C	0.68%	0.6%	0.6%
ADBE	F	0.78%	0.66%	0.66%
AVGO	C	1.94%	1.51%	1.51%
CDNS	D	0.35%	0.33%	0.33%
GOOGL	D	2.75%	3.83%	2.75%
INTU	C	0.6%	0.57%	0.57%
KLAC	D	0.7%	0.45%	0.45%
LLY	C	2.08%	2.02%	2.02%
LRCX	F	0.97%	0.4%	0.4%
MA	B	1.55%	1.51%	1.51%
META	B	4.62%	2.39%	2.39%
MSFT	C	7.94%	6.2%	6.2%
NOW	B	4.25%	0.55%	0.55%
NVDA	D	8.75%	5.59%	5.59%
ORLY	C	0.65%	0.95%	0.65%
V	C	1.19%	1.56%	1.19%
VST	C	0.28%	1.63%	0.28%

MMLG Overweight 55 Positions Relative to FLRG

Symbol	Grade	Weight
AMZN	C	6.83%
NFLX	B	2.38%
DDOG	D	1.96%
NU	B	1.94%
ASML	F	1.91%
SHOP	C	1.76%
TEAM	D	1.65%
SE	B	1.63%
IOT	B	1.5%
UBER	C	1.49%
SQ	D	1.43%
DXCM	F	1.38%
RARE	B	1.31%
EW	F	1.26%
OKTA	F	1.15%
SPOT	B	1.11%
ENTG	F	1.1%
DASH	C	1.06%
SNOW	F	1.01%
MRK	D	0.9%
ABNB	D	0.89%
FND	C	0.88%
TJX	B	0.85%
UNH	C	0.83%
CMG	C	0.69%
SHW	B	0.68%
APH	D	0.66%
MSI	B	0.64%
CRM	D	0.62%
TXN	C	0.61%
RSG	D	0.53%
GOOG	D	0.53%
NET	D	0.51%
ALGN	D	0.5%
TMO	B	0.49%
STZ	D	0.49%
DE	B	0.48%
CDW	D	0.48%
WDAY	D	0.47%
AXP	B	0.45%
BSX	B	0.44%
LYV	B	0.42%
CB	B	0.41%
IR	C	0.41%
RTX	C	0.4%
TSLA	C	0.39%
ABT	C	0.35%
EQIX	C	0.35%
KKR	B	0.33%
EL	F	0.33%
ROP	C	0.33%
VEEV	C	0.33%
MNST	D	0.32%
NKE	D	0.3%
FANG	D	0.26%

MMLG Underweight 81 Positions Relative to FLRG

Symbol	Grade	Weight
PG	C	-1.47%
HD	B	-1.44%
JNJ	C	-1.43%
ABBV	C	-1.36%
LMT	C	-1.24%
NFG	B	-1.19%
PM	C	-1.17%
MCD	B	-1.09%
AFL	C	-1.09%
ALSN	B	-1.08%
MLI	A	-1.07%
ADP	B	-1.05%
FCNCA	D	-1.04%
AMGN	B	-1.0%
UTHR	C	-0.98%
OHI	B	-0.97%
AZO	D	-0.96%
MO	C	-0.96%
VRTX	D	-0.96%
MTH	A	-0.95%
MCK	F	-0.95%
PHM	B	-0.95%
VLO	F	-0.95%
RGA	C	-0.94%
LEN	B	-0.94%
LNG	C	-0.94%
TMHC	A	-0.93%
BKNG	C	-0.93%
NVR	B	-0.93%
MTG	B	-0.93%
CL	D	-0.93%
REGN	C	-0.93%
SYF	C	-0.92%
VRSK	D	-0.92%
RDN	C	-0.91%
PSA	B	-0.9%
PAYX	C	-0.9%
CME	C	-0.88%
CBOE	C	-0.84%
ESNT	B	-0.84%
KMB	D	-0.82%
CHRD	F	-0.82%
PCAR	D	-0.82%
VICI	C	-0.81%
CTRA	D	-0.81%
GILD	B	-0.8%
SNA	C	-0.78%
EG	C	-0.76%
STLD	F	-0.75%
BCC	B	-0.74%
CNC	D	-0.73%
CF	C	-0.7%
BLDR	C	-0.7%
MOH	D	-0.66%
NUE	F	-0.64%
RPRX	C	-0.64%
BRBR	C	-0.58%
CSCO	C	-0.58%
IBM	B	-0.57%
AMAT	D	-0.55%
VZ	B	-0.54%
T	C	-0.5%
CMCSA	D	-0.49%
ANET	B	-0.43%
FICO	B	-0.37%
SNPS	D	-0.36%
DELL	D	-0.32%
EA	D	-0.3%
CTSH	C	-0.29%
FOXA	B	-0.27%
SWKS	D	-0.26%
FTNT	C	-0.26%
VRSN	D	-0.25%
MANH	B	-0.25%
NYT	C	-0.24%
DOX	C	-0.23%
ZM	C	-0.23%
DLB	D	-0.21%
AKAM	D	-0.2%
DBX	D	-0.17%
QLYS	F	-0.17%