MMLG vs. WTAI ETF Comparison

Comparison of First Trust Multi-Manager Large Growth ETF (MMLG) to WisdomTree Artificial Intelligence and Innovation Fund (WTAI)

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 ^*

74

* may have additional holdings in another (foreign) market

WTAI

WisdomTree Artificial Intelligence and Innovation Fund

WTAI Description

WisdomTree Artificial Intelligence and Innovation Fund is an exchange traded fund launched by WisdomTree Investments, Inc. The fund is co-managed by Mellon Investments Corporation and WisdomTree Asset Management, Inc. It invests in public equity markets across the globe. The fund invests in stocks of companies operating across information technology, semiconductors and semiconductor equipment, software and services, software, system software, software research, artificial intelligence software and technology hardware and equipment sectors. It invests in growth and value stocks of diversified market cap companies. It seeks to track the performance of the WisdomTree Artificial Intelligence & Innovation Index, by using representative sampling technique. WisdomTree Artificial Intelligence and Innovation Fund is domiciled in the United States.

Grade (RS Rating)

Last Trade

$19.73

Average Daily Volume

158,631

Number of Holdings ^*

61

* may have additional holdings in another (foreign) market

Performance

Period	MMLG	WTAI
30 Days	1.25%	-0.70%
60 Days	2.91%	-3.28%
90 Days	0.71%	-4.36%
12 Months	36.40%	12.94%

19 Overlapping Holdings

	Symbol	Grade	Weight in MMLG	Weight in WTAI	Overlap
	AAPL	C	4.69%	2.48%	2.48%
	ADBE	F	0.78%	0.88%	0.78%
	AMZN	C	6.83%	2.03%	2.03%
	ASML	F	1.91%	1.78%	1.78%
	AVGO	C	1.94%	2.56%	1.94%
	CDNS	D	0.35%	1.95%	0.35%
	DDOG	D	1.96%	1.23%	1.23%
	DE	B	0.48%	0.91%	0.48%
	GOOGL	D	2.75%	2.16%	2.16%
	IOT	B	1.5%	1.8%	1.5%
	META	B	4.62%	2.61%	2.61%
	MSFT	C	7.94%	2.13%	2.13%
	NET	D	0.51%	1.36%	0.51%
	NOW	B	4.25%	1.51%	1.51%
	NVDA	D	8.75%	3.15%	3.15%
	OKTA	F	1.15%	1.16%	1.15%
	SNOW	F	1.01%	0.78%	0.78%
	TEAM	D	1.65%	1.01%	1.01%
	TSLA	C	0.39%	2.06%	0.39%

MMLG Overweight 55 Positions Relative to WTAI

	Symbol	Grade	Weight
	NFLX	B	2.38%
	LLY	C	2.08%
	NU	B	1.94%
	SHOP	C	1.76%
	SE	B	1.63%
	MA	B	1.55%
	UBER	C	1.49%
	SQ	D	1.43%
	DXCM	F	1.38%
	RARE	B	1.31%
	EW	F	1.26%
	V	C	1.19%
	SPOT	B	1.11%
	ENTG	F	1.1%
	DASH	C	1.06%
	LRCX	F	0.97%
	MRK	D	0.9%
	ABNB	D	0.89%
	FND	C	0.88%
	TJX	B	0.85%
	UNH	C	0.83%
	KLAC	D	0.7%
	CMG	C	0.69%
	SHW	B	0.68%
	ACN	C	0.68%
	APH	D	0.66%
	ORLY	C	0.65%
	MSI	B	0.64%
	CRM	D	0.62%
	TXN	C	0.61%
	INTU	C	0.6%
	RSG	D	0.53%
	GOOG	D	0.53%
	ALGN	D	0.5%
	TMO	B	0.49%
	STZ	D	0.49%
	CDW	D	0.48%
	WDAY	D	0.47%
	AXP	B	0.45%
	ACGL	C	0.44%
	BSX	B	0.44%
	LYV	B	0.42%
	CB	B	0.41%
	IR	C	0.41%
	RTX	C	0.4%
	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%
	VST	C	0.28%
	FANG	D	0.26%

MMLG Underweight 42 Positions Relative to WTAI

	Symbol	Grade	Weight
	ARM	D	-2.74%
	TSM	C	-2.48%
	MRVL	C	-2.25%
	QCOM	D	-2.04%
	AMD	D	-2.02%
	DOCN	A	-1.9%
	SNPS	D	-1.83%
	PLTR	B	-1.7%
	ISRG	B	-1.69%
	RBLX	B	-1.67%
	TER	D	-1.59%
	MU	F	-1.51%
	ZS	F	-1.5%
	AVAV	C	-1.31%
	S	C	-1.27%
	CRWD	D	-1.25%
	AMBA	C	-1.24%
	DT	C	-1.22%
	HPQ	D	-1.15%
	NICE	F	-1.13%
	GTLB	D	-1.12%
	ALTR	C	-1.1%
	ADI	C	-1.1%
	LMT	C	-1.08%
	FROG	F	-1.06%
	ESTC	F	-1.06%
	HPE	D	-1.02%
	PTC	D	-1.01%
	NXPI	F	-0.88%
	DELL	D	-0.87%
	MDB	D	-0.86%
	MCHP	F	-0.85%
	SYNA	F	-0.8%
	GFS	F	-0.78%
	RXRX	F	-0.77%
	PATH	D	-0.76%
	SLP	F	-0.74%
	U	D	-0.72%
	LSCC	D	-0.64%
	SDGR	D	-0.64%
	PRO	F	-0.56%
	INTC	F	-0.46%

MMLG: Top Represented Industries & Keywords

Industries: Software - Application Internet Content & Information Medical Devices Semiconductor Equipment & Materials Credit Services Semiconductors Software - Infrastructure Diagnostics & Research Diversified Industrials Drug Manufacturers - Major Information Technology Services Internet Content & Information Media - Diversified Specialty Retail Aerospace & Defense Apparel Stores Asset Management Auto Manufacturers Banks - Diversified Beverages - Soft Drinks

Keywords: S&P 500 Nasdaq 100 Computing Dow Jones Component Work From Home Cloud Computing IBD 50 Mobile Devices Software Software As A Service Integrated Circuits Payment Systems Smartphones Hyperscale Medicine Operating System Semiconductor Cloud Infrastructure Diabetes Electronics

WTAI: Top Represented Industries & Keywords

Industries: Software - Application Semiconductors Software - Infrastructure Semiconductor Equipment & Materials Aerospace & Defense Computer Systems Internet Content & Information Auto Manufacturers Biotechnology Communication Equipment Consumer Electronics Electronic Gaming & Multimedia Farm & Construction Equipment Health Information Services Health Information Services Medical Instruments & Supplies Semiconductor Memory Specialty Retail Telecom Services

Keywords: Computing Nasdaq 100 S&P 500 Integrated Circuits Software Work From Home Cloud Computing Semiconductor Fabless Semiconductor Companies IBD 50 Cloud Infrastructure Information Technology Management Mobile Devices Power Management Smartphones Software Development Artificial Intelligence Business Intelligence Computer Security Flash