MMLG vs. XSW ETF Comparison

Comparison of First Trust Multi-Manager Large Growth ETF (MMLG) to SPDR S&P Software & Services ETF (XSW)

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

$30.56

Average Daily Volume

11,315

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XSW

SPDR S&P Software & Services ETF

XSW Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the computer software segment of a U.S. total market composite index. In seeking to track the performance of the S&P Software & Services Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the software and services industry group of the S&P Total Stock Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$187.47

Average Daily Volume

12,949

Number of Holdings ^*

134

* may have additional holdings in another (foreign) market

Performance

Period	MMLG	XSW
30 Days	3.91%	13.39%
60 Days	10.05%	20.65%
90 Days	10.56%	23.52%
12 Months	38.09%	41.69%

13 Overlapping Holdings

Symbol	Grade	Weight in MMLG	Weight in XSW	Overlap
ACN	C	0.63%	0.63%	0.63%
ADBE	C	0.61%	0.57%	0.57%
CDNS	B	0.37%	0.68%	0.37%
CRM	B	0.73%	0.74%	0.73%
DDOG	B	2.13%	0.72%	0.72%
INTU	A	0.55%	0.63%	0.55%
IOT	B	1.38%	0.66%	0.66%
MSFT	C	7.36%	0.6%	0.6%
NOW	A	4.14%	0.7%	0.7%
RBLX	B	0.83%	0.7%	0.7%
ROP	A	0.31%	0.63%	0.31%
TEAM	B	2.08%	0.87%	0.87%
WDAY	B	0.41%	0.63%	0.41%

MMLG Overweight 62 Positions Relative to XSW

Symbol	Grade	Weight
NVDA	B	10.07%
AMZN	A	7.11%
AAPL	C	4.63%
META	B	4.43%
GOOGL	B	2.94%
NFLX	A	2.49%
SHOP	A	2.18%
AVGO	C	2.07%
NU	B	1.9%
SE	B	1.87%
LLY	F	1.69%
SPOT	A	1.61%
SQ	B	1.59%
ASML	F	1.59%
MA	B	1.5%
UBER	F	1.48%
DXCM	C	1.31%
DASH	A	1.24%
ENTG	D	1.21%
V	A	1.13%
EW	D	1.11%
OKTA	C	1.11%
ICE	D	1.06%
RARE	D	0.99%
MRK	F	0.86%
FND	F	0.79%
CMG	B	0.75%
UNH	B	0.72%
LRCX	F	0.69%
APH	B	0.69%
MSI	B	0.63%
ORLY	A	0.62%
SNOW	C	0.62%
KLAC	F	0.61%
TJX	B	0.6%
TXN	C	0.59%
GOOG	B	0.57%
SHW	A	0.56%
NET	B	0.54%
RSG	A	0.48%
LYV	B	0.47%
AXP	B	0.46%
DE	D	0.46%
IR	A	0.42%
BSX	A	0.42%
STZ	D	0.41%
CDW	F	0.4%
TMO	F	0.4%
TSLA	B	0.39%
CB	C	0.37%
RTX	C	0.37%
NKE	F	0.37%
ABNB	C	0.36%
KKR	B	0.36%
MNST	B	0.35%
ACGL	D	0.35%
EQIX	B	0.34%
ABT	C	0.33%
EL	F	0.33%
VEEV	B	0.3%
VST	B	0.25%
FANG	D	0.19%

MMLG Underweight 121 Positions Relative to XSW

Symbol	Grade	Weight
CIFR	B	-1.37%
APP	B	-1.33%
WULF	C	-1.18%
MSTR	B	-1.16%
NNBR	D	-1.08%
RIOT	B	-1.05%
PLTR	B	-0.95%
FRSH	B	-0.9%
RBRK	B	-0.89%
CLSK	C	-0.88%
NCNO	B	-0.87%
SOUN	C	-0.87%
VERX	B	-0.86%
CWAN	B	-0.83%
QTWO	A	-0.83%
CFLT	B	-0.83%
DOCU	B	-0.82%
INTA	B	-0.81%
HUBS	B	-0.8%
IDCC	B	-0.8%
RNG	B	-0.8%
PRO	C	-0.79%
CRWD	B	-0.78%
PEGA	A	-0.78%
APPN	B	-0.77%
BILL	A	-0.77%
ZETA	D	-0.76%
ALKT	B	-0.76%
PCOR	B	-0.75%
QLYS	B	-0.75%
S	B	-0.75%
ACIW	B	-0.74%
WK	B	-0.74%
NTNX	B	-0.73%
AI	B	-0.73%
MARA	C	-0.73%
KD	A	-0.73%
RPD	C	-0.73%
TTWO	A	-0.72%
DJCO	B	-0.72%
ALTR	C	-0.72%
ZM	B	-0.72%
BL	B	-0.72%
CVLT	A	-0.71%
PRGS	A	-0.71%
FICO	B	-0.71%
SNPS	B	-0.71%
AGYS	B	-0.7%
ORCL	A	-0.7%
FIVN	C	-0.7%
EPAM	B	-0.7%
ZS	B	-0.7%
ADSK	A	-0.7%
ASAN	C	-0.7%
DV	C	-0.69%
DBX	B	-0.69%
GWRE	A	-0.69%
BLND	B	-0.69%
PD	C	-0.69%
ATEN	B	-0.69%
ESTC	C	-0.69%
SPT	C	-0.68%
GEN	A	-0.68%
U	F	-0.68%
FTNT	B	-0.68%
PANW	A	-0.68%
ANSS	B	-0.68%
ZUO	B	-0.68%
GTLB	B	-0.68%
SWI	B	-0.67%
EA	A	-0.67%
MITK	C	-0.67%
PTC	B	-0.67%
PLTK	B	-0.67%
AUR	D	-0.66%
RAMP	C	-0.66%
INFA	D	-0.65%
TENB	C	-0.65%
VYX	B	-0.65%
DXC	B	-0.65%
QXO	D	-0.65%
ASGN	C	-0.65%
PATH	C	-0.65%
DT	C	-0.65%
SMAR	A	-0.65%
OLO	B	-0.65%
MANH	C	-0.65%
SEMR	C	-0.64%
CTSH	A	-0.64%
TYL	B	-0.64%
DLB	C	-0.64%
IT	A	-0.64%
TDC	D	-0.63%
BSY	F	-0.63%
ALRM	C	-0.63%
OSPN	A	-0.63%
APPF	B	-0.62%
BOX	A	-0.62%
MLNK	C	-0.62%
IBM	C	-0.61%
GDYN	B	-0.61%
BRZE	C	-0.61%
INST	C	-0.61%
HCP	A	-0.61%
ENV	B	-0.61%
BLKB	C	-0.6%
YEXT	A	-0.6%
VRNS	D	-0.6%
CXM	C	-0.59%
JAMF	F	-0.59%
NABL	F	-0.58%
SPSC	D	-0.58%
IBUY	A	-0.57%
YOU	D	-0.57%
VRNT	D	-0.55%
ETWO	D	-0.47%
WEAV	B	-0.47%
DMRC	C	-0.42%
CCSI	B	-0.41%
HCKT	B	-0.39%
LGTY	B	-0.26%