MMLG vs. FLSP ETF Comparison

Comparison of First Trust Multi-Manager Large Growth ETF (MMLG) to Franklin Liberty Systematic Style Premia ETF (FLSP)

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

FLSP

Franklin Liberty Systematic Style Premia ETF

FLSP Description

The investment seeks absolute return. The fund seeks to achieve its investment goal by allocating its assets across two underlying alternative investment strategies, which represent top-down and bottom-up approaches to capturing factor-based risk premia. Through the two strategies, it may invest in or obtain exposure to: (i) equity securities (which may include common stocks and preferred stocks), (ii) debt securities (which may include bonds, notes, debentures, banker's acceptances and commercial paper), (iii) commodity-linked derivative instruments and (iv) currency-related derivative instruments.

Grade (RS Rating)

Last Trade

$23.88

Average Daily Volume

11,738

Number of Holdings ^*

171

* may have additional holdings in another (foreign) market

Performance

Period	MMLG	FLSP
30 Days	1.25%	0.93%
60 Days	2.91%	-0.13%
90 Days	0.71%	-0.40%
12 Months	36.40%	4.92%

23 Overlapping Holdings

Symbol	Grade	Weight in MMLG	Weight in FLSP	Overlap
ABNB	D	0.89%	0.05%	0.05%
ADBE	F	0.78%	0.6%	0.6%
APH	D	0.66%	0.2%	0.2%
CDNS	D	0.35%	0.34%	0.34%
CRM	D	0.62%	0.74%	0.62%
EL	F	0.33%	0.13%	0.13%
GOOG	D	0.53%	0.11%	0.11%
INTU	C	0.6%	0.87%	0.6%
IR	C	0.41%	0.18%	0.18%
LYV	B	0.42%	0.08%	0.08%
MA	B	1.55%	0.96%	0.96%
META	B	4.62%	0.51%	0.51%
MNST	D	0.32%	0.09%	0.09%
MSFT	C	7.94%	0.72%	0.72%
NOW	B	4.25%	0.83%	0.83%
NVDA	D	8.75%	0.75%	0.75%
SE	B	1.63%	0.16%	0.16%
TJX	B	0.85%	0.69%	0.69%
TMO	B	0.49%	0.53%	0.49%
UBER	C	1.49%	0.65%	0.65%
V	C	1.19%	0.71%	0.71%
VEEV	C	0.33%	0.16%	0.16%
VST	C	0.28%	0.16%	0.16%

MMLG Overweight 51 Positions Relative to FLSP

Symbol	Grade	Weight
AMZN	C	6.83%
AAPL	C	4.69%
GOOGL	D	2.75%
NFLX	B	2.38%
LLY	C	2.08%
DDOG	D	1.96%
NU	B	1.94%
AVGO	C	1.94%
ASML	F	1.91%
SHOP	C	1.76%
TEAM	D	1.65%
IOT	B	1.5%
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%
LRCX	F	0.97%
MRK	D	0.9%
FND	C	0.88%
UNH	C	0.83%
KLAC	D	0.7%
CMG	C	0.69%
SHW	B	0.68%
ACN	C	0.68%
ORLY	C	0.65%
MSI	B	0.64%
TXN	C	0.61%
RSG	D	0.53%
NET	D	0.51%
ALGN	D	0.5%
STZ	D	0.49%
DE	B	0.48%
CDW	D	0.48%
WDAY	D	0.47%
AXP	B	0.45%
ACGL	C	0.44%
BSX	B	0.44%
CB	B	0.41%
RTX	C	0.4%
TSLA	C	0.39%
ABT	C	0.35%
EQIX	C	0.35%
KKR	B	0.33%
ROP	C	0.33%
NKE	D	0.3%
FANG	D	0.26%

MMLG Underweight 148 Positions Relative to FLSP

Symbol	Grade	Weight
VZ	B	-0.9%
WMT	C	-0.84%
BRK.A	C	-0.77%
ABBV	C	-0.77%
T	C	-0.75%
BKNG	C	-0.73%
ELV	C	-0.72%
NVS	C	-0.71%
REGN	C	-0.65%
VRTX	D	-0.63%
QCOM	D	-0.62%
AMAT	D	-0.57%
GILD	B	-0.51%
CMCSA	D	-0.48%
PYPL	B	-0.42%
CSX	D	-0.4%
MPC	F	-0.36%
EOG	D	-0.36%
CI	C	-0.35%
FDX	C	-0.35%
HD	B	-0.33%
GM	C	-0.33%
CTAS	B	-0.33%
ADSK	C	-0.32%
NXPI	F	-0.31%
TGT	C	-0.3%
PSX	F	-0.3%
AFL	C	-0.3%
FTNT	C	-0.29%
CL	D	-0.28%
VLO	F	-0.27%
IQV	C	-0.27%
CPRT	D	-0.27%
AIG	D	-0.27%
SPG	B	-0.27%
KMB	D	-0.26%
BK	B	-0.26%
TEL	D	-0.26%
MET	B	-0.25%
PH	B	-0.24%
MELI	B	-0.23%
AMP	A	-0.23%
CNC	D	-0.22%
BCS	B	-0.22%
CTSH	C	-0.22%
LNG	C	-0.22%
KR	C	-0.21%
A	C	-0.21%
SNPS	D	-0.21%
TDG	B	-0.21%
FICO	B	-0.21%
SYY	D	-0.2%
HPQ	D	-0.2%
IDXX	C	-0.2%
RCL	B	-0.19%
EA	D	-0.19%
LIN	B	-0.18%
EBAY	B	-0.18%
NUE	F	-0.18%
STT	A	-0.17%
VICI	C	-0.17%
ANSS	D	-0.16%
DVN	F	-0.16%
AVB	B	-0.16%
PHM	B	-0.15%
LULU	D	-0.15%
TROW	D	-0.15%
HIG	B	-0.15%
PCAR	D	-0.15%
GDDY	C	-0.14%
FE	C	-0.14%
AWK	B	-0.14%
CAH	C	-0.14%
NTAP	D	-0.14%
VTR	C	-0.14%
PG	C	-0.13%
BR	D	-0.13%
CSL	B	-0.13%
LDOS	B	-0.12%
CPAY	B	-0.12%
PKG	B	-0.12%
WAT	C	-0.12%
TYL	C	-0.12%
LYB	D	-0.12%
ZM	C	-0.11%
K	B	-0.11%
MOH	D	-0.11%
CBOE	C	-0.11%
BLDR	C	-0.11%
TXT	D	-0.11%
BBY	C	-0.11%
NRG	C	-0.11%
EXPE	C	-0.11%
CF	C	-0.1%
STLD	F	-0.1%
STLA	F	-0.1%
MRO	C	-0.1%
PTC	D	-0.1%
AVTR	B	-0.09%
EQH	C	-0.09%
UTHR	C	-0.09%
EXPD	C	-0.09%
MAS	B	-0.09%
OC	D	-0.09%
APP	C	-0.09%
BG	D	-0.09%
LII	B	-0.09%
SNA	C	-0.08%
NBIX	F	-0.08%
L	C	-0.08%
WSM	D	-0.08%
RS	D	-0.08%
UDR	C	-0.08%
LVS	D	-0.08%
MANH	B	-0.08%
ROL	C	-0.08%
SSNC	B	-0.08%
OVV	F	-0.07%
TER	D	-0.07%
DT	C	-0.07%
GLPI	C	-0.07%
DPZ	F	-0.07%
DOCU	C	-0.07%
AIZ	B	-0.07%
JBL	D	-0.07%
HOLX	B	-0.07%
VTRS	D	-0.07%
HII	D	-0.06%
FOXA	B	-0.06%
CHKP	B	-0.06%
FFIV	B	-0.06%
TAP	D	-0.06%
INCY	C	-0.06%
TWLO	D	-0.06%
RPRX	C	-0.06%
MTCH	C	-0.06%
CRBG	D	-0.05%
SEIC	C	-0.05%
DECK	C	-0.05%
DKS	D	-0.05%
MOS	F	-0.05%
ACI	F	-0.05%
CRL	F	-0.05%
WYNN	D	-0.04%
CLF	F	-0.04%
MCK	F	-0.04%
AER	B	-0.04%
DINO	F	-0.04%