MMLG vs. IWP ETF Comparison

Comparison of First Trust Multi-Manager Large Growth ETF (MMLG) to iShares Russell Midcap Growth ETF (IWP)

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

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IWP

iShares Russell Midcap Growth ETF

IWP Description

The investment seeks to track the investment results of an index composed of mid-capitalization U.S. equities that exhibit growth characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Russell Midcap Growth Index (the "underlying index"), which measures the performance of the mid-capitalization growth sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$134.36

Average Daily Volume

1,023,862

Number of Holdings ^*

286

* may have additional holdings in another (foreign) market

Performance

Period	MMLG	IWP
30 Days	5.74%	12.16%
60 Days	7.34%	14.69%
90 Days	8.66%	17.57%
12 Months	35.13%	40.60%

20 Overlapping Holdings

Symbol	Grade	Weight in MMLG	Weight in IWP	Overlap
ARES	A	0.44%	1.0%	0.44%
BLDR	D	0.37%	0.06%	0.06%
CDW	F	0.4%	0.39%	0.39%
DDOG	A	2.1%	1.23%	1.23%
DKNG	B	0.29%	0.59%	0.29%
DXCM	D	1.69%	0.99%	0.99%
ENTG	D	1.1%	0.48%	0.48%
HUBS	A	0.28%	1.08%	0.28%
IT	C	0.52%	1.29%	0.52%
LYV	A	0.65%	0.67%	0.65%
MDB	C	0.36%	0.64%	0.36%
NET	B	1.35%	0.88%	0.88%
OKTA	C	1.02%	0.17%	0.17%
PINS	D	0.21%	0.55%	0.21%
PTC	A	0.4%	0.45%	0.4%
RARE	D	0.83%	0.13%	0.13%
RBLX	C	0.79%	0.85%	0.79%
SQ	B	1.8%	0.64%	0.64%
VEEV	C	0.56%	1.03%	0.56%
VST	B	0.13%	1.6%	0.13%

MMLG Overweight 57 Positions Relative to IWP

Symbol	Grade	Weight
NVDA	C	10.25%
MSFT	F	6.68%
AMZN	C	6.51%
AAPL	C	4.57%
META	D	4.47%
NOW	A	3.93%
NFLX	A	2.79%
SHOP	B	2.64%
GOOGL	C	2.26%
TEAM	A	2.14%
SE	B	2.06%
AVGO	D	1.98%
UBER	D	1.87%
DASH	A	1.85%
SPOT	B	1.83%
NU	C	1.61%
ICE	C	1.48%
MA	C	1.45%
LLY	F	1.42%
IOT	A	1.42%
ASML	F	1.23%
V	A	1.09%
TSLA	B	0.93%
CRM	B	0.9%
CMG	B	0.75%
INTU	C	0.73%
SNOW	C	0.65%
ADBE	C	0.64%
MRK	F	0.63%
ORLY	B	0.62%
QCOM	F	0.58%
SHW	A	0.55%
KLAC	D	0.55%
CDNS	B	0.54%
IR	B	0.52%
UNH	C	0.49%
AXP	A	0.48%
ANET	C	0.47%
WDAY	B	0.44%
BSX	B	0.44%
EQIX	A	0.43%
PANW	C	0.43%
VRTX	F	0.41%
SPGI	C	0.4%
KKR	A	0.4%
COHR	B	0.39%
MNST	C	0.35%
ABNB	C	0.32%
NKE	D	0.32%
NDSN	B	0.31%
ACGL	D	0.3%
EW	C	0.3%
APH	A	0.3%
TXN	C	0.29%
AMD	F	0.29%
EL	F	0.29%
FANG	D	0.18%

MMLG Underweight 266 Positions Relative to IWP

Symbol	Grade	Weight
PLTR	B	-4.32%
APP	B	-2.49%
TTD	B	-1.7%
AMP	A	-1.68%
COIN	C	-1.65%
FICO	B	-1.48%
GWW	B	-1.45%
AXON	A	-1.41%
VRT	B	-1.41%
TRGP	B	-1.4%
ODFL	B	-1.38%
COR	B	-1.3%
VRSK	A	-1.3%
FAST	B	-1.29%
IDXX	F	-1.13%
HLT	A	-1.02%
TSCO	D	-0.97%
CPNG	D	-0.93%
MPWR	F	-0.88%
DECK	A	-0.87%
HES	B	-0.86%
ALNY	D	-0.86%
MSCI	C	-0.86%
GDDY	A	-0.84%
TPL	A	-0.83%
CPAY	A	-0.81%
LNG	B	-0.81%
BR	A	-0.8%
SYY	B	-0.76%
LPLA	A	-0.76%
EXPE	B	-0.75%
TYL	B	-0.7%
CLX	B	-0.68%
LII	A	-0.64%
RCL	A	-0.62%
IRM	D	-0.62%
BAH	F	-0.62%
ZS	C	-0.6%
TOST	B	-0.59%
PODD	C	-0.59%
BURL	A	-0.56%
CAH	B	-0.56%
XPO	B	-0.55%
LVS	C	-0.55%
HEI	B	-0.55%
PAYX	C	-0.54%
NTRA	B	-0.54%
MANH	D	-0.54%
DOCU	A	-0.52%
FIX	A	-0.51%
DT	C	-0.5%
SPG	B	-0.49%
ULTA	F	-0.49%
TER	D	-0.48%
PWR	A	-0.47%
YUM	B	-0.47%
WST	C	-0.45%
ROL	B	-0.45%
POOL	C	-0.44%
URI	B	-0.44%
TXRH	C	-0.43%
WAT	B	-0.42%
PSTG	D	-0.42%
EQH	B	-0.41%
HEI	B	-0.39%
BRO	B	-0.38%
NBIX	C	-0.38%
DUOL	A	-0.37%
NCLH	B	-0.37%
OWL	A	-0.37%
VLTO	D	-0.37%
CAVA	B	-0.35%
ROST	C	-0.35%
MOH	F	-0.35%
NTAP	C	-0.35%
DRI	B	-0.34%
KNSL	B	-0.33%
CHDN	B	-0.32%
MUSA	A	-0.32%
ALGN	D	-0.32%
WSM	B	-0.32%
SRPT	D	-0.31%
VMC	B	-0.31%
TPX	B	-0.3%
CVNA	B	-0.3%
AAON	B	-0.3%
EME	C	-0.3%
SMCI	F	-0.3%
WING	D	-0.3%
RMD	C	-0.3%
PEN	B	-0.29%
MORN	B	-0.29%
ITCI	C	-0.28%
PCTY	B	-0.28%
HPQ	B	-0.28%
EXEL	B	-0.27%
LNW	D	-0.27%
NRG	B	-0.26%
ENPH	F	-0.26%
MEDP	D	-0.26%
SAIA	B	-0.26%
ALL	A	-0.26%
DVA	B	-0.26%
HAS	D	-0.25%
EXP	A	-0.25%
RYAN	B	-0.24%
PCOR	B	-0.24%
TREX	C	-0.24%
SMAR	A	-0.24%
ESTC	C	-0.23%
PAYC	B	-0.23%
GTLB	B	-0.23%
GWRE	A	-0.23%
CFLT	B	-0.22%
GLOB	B	-0.21%
ELF	C	-0.21%
FDS	B	-0.21%
BSY	D	-0.21%
AVY	D	-0.2%
FWONK	B	-0.2%
EFX	F	-0.2%
LSCC	D	-0.19%
WFRD	D	-0.19%
TW	A	-0.19%
FOUR	B	-0.19%
VVV	F	-0.18%
MTN	C	-0.18%
LAZ	B	-0.18%
INSP	D	-0.17%
MKL	A	-0.17%
VKTX	F	-0.17%
APPF	B	-0.17%
DPZ	C	-0.17%
GNRC	B	-0.17%
CNM	D	-0.17%
NTNX	A	-0.16%
IONS	F	-0.16%
LPX	B	-0.16%
PLNT	A	-0.15%
LYFT	C	-0.15%
CELH	F	-0.15%
AZEK	A	-0.15%
PATH	C	-0.15%
ZBRA	B	-0.14%
AJG	B	-0.14%
JLL	D	-0.13%
OLED	D	-0.13%
PEGA	A	-0.13%
RPM	A	-0.13%
IQV	D	-0.13%
FND	C	-0.13%
BRKR	D	-0.12%
EXAS	D	-0.12%
MASI	A	-0.12%
JEF	A	-0.12%
HCP	B	-0.12%
FIVE	F	-0.12%
ETSY	D	-0.12%
TWLO	A	-0.11%
MSTR	C	-0.11%
HSY	F	-0.11%
CHH	A	-0.11%
GEHC	F	-0.11%
WMS	D	-0.11%
LW	C	-0.11%
RNG	B	-0.1%
ROK	B	-0.1%
LECO	B	-0.1%
EG	C	-0.09%
UHAL	D	-0.09%
FERG	B	-0.09%
APLS	D	-0.09%
CSL	C	-0.09%
HWM	A	-0.09%
LAMR	D	-0.09%
EXPD	D	-0.09%
FIVN	C	-0.09%
TDC	D	-0.09%
U	C	-0.08%
SITE	D	-0.08%
BWXT	B	-0.08%
TTEK	F	-0.08%
LBRDK	C	-0.08%
CASY	A	-0.08%
ONTO	D	-0.07%
MLM	B	-0.07%
BROS	B	-0.07%
NCNO	B	-0.07%
CE	F	-0.07%
PR	B	-0.07%
BILL	A	-0.07%
CACC	D	-0.07%
FRPT	B	-0.07%
AWI	A	-0.07%
SOFI	A	-0.07%
CLF	F	-0.06%
PFGC	B	-0.06%
WSC	D	-0.06%
AM	A	-0.06%
DBX	B	-0.06%
NXST	C	-0.06%
CIVI	D	-0.05%
VNOM	A	-0.05%
LOPE	B	-0.05%
WEN	D	-0.05%
DV	C	-0.05%
EQT	B	-0.05%
HRB	D	-0.05%
S	B	-0.04%
JBL	B	-0.04%
DAY	B	-0.04%
TKO	B	-0.04%
ROKU	D	-0.04%
SN	D	-0.04%
TPG	A	-0.04%
ALLY	C	-0.04%
LOAR	A	-0.03%
EPAM	C	-0.03%
CHE	D	-0.03%
KMX	B	-0.03%
HLI	B	-0.03%
BLD	D	-0.03%
BFAM	D	-0.03%
RH	B	-0.03%
TXG	F	-0.03%
H	B	-0.03%
YETI	C	-0.03%
VRSN	F	-0.03%
RGEN	D	-0.03%
DKS	C	-0.03%
DJT	C	-0.03%
CROX	D	-0.03%
TRU	D	-0.03%
SPR	D	-0.02%
MTDR	B	-0.02%
SAM	C	-0.02%
UI	A	-0.02%
FWONA	B	-0.02%
WH	B	-0.02%
CAR	C	-0.02%
KBR	F	-0.02%
AAL	B	-0.02%
WYNN	D	-0.02%
SKX	D	-0.02%
BPOP	B	-0.02%
WEX	D	-0.02%
INCY	C	-0.02%
SSD	D	-0.02%
FTRE	D	-0.01%
PPC	C	-0.01%
CC	C	-0.01%
UHAL	D	-0.01%
SEE	C	-0.01%
NFE	D	-0.01%
IRDM	D	-0.01%
MSGS	A	-0.01%
LBRDA	C	-0.01%
CGNX	C	-0.01%
UWMC	D	-0.01%
MKSI	C	-0.01%
WU	D	-0.01%
RLI	B	-0.01%
DOCS	C	-0.01%
ALAB	B	-0.0%
TRIP	F	-0.0%
PYCR	C	-0.0%