MMSC vs. IGV ETF Comparison

Comparison of First Trust Multi-Manager Small (MMSC) to iShares Expanded Tech-Software Sector ETF (IGV)

MMSC

First Trust Multi-Manager Small

MMSC Description

First Trust Multi-Manager Small is an exchange traded fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Driehaus Capital Management LLC and Stephens Investment Management Group. It invests in the public equity markets of global region. The fund invests in stocks of companies operating across diversified sectors. It invests in growth stocks of small cap companies, within the market capitalization range of the Russell 2000 Growth Index. The fund invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund employs external research to create its portfolio. First Trust Multi-Manager Small was formed on October 13, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$20.66

Average Daily Volume

9,205

Number of Holdings ^*

179

* may have additional holdings in another (foreign) market

IGV

iShares Expanded Tech-Software Sector ETF

IGV Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P North American Technology Software IndexTM (the "underlying index"). 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. The underlying index measures the performance of U.S.-traded stocks of software-related companies in the United States and Canada. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$89.90

Average Daily Volume

3,421,759

Number of Holdings ^*

110

* may have additional holdings in another (foreign) market

Performance

Period	MMSC	IGV
30 Days	6.19%	6.13%
60 Days	13.79%	15.35%
90 Days	7.05%	1.11%
12 Months	37.95%	32.39%

19 Overlapping Holdings

Symbol	Grade	Weight in MMSC	Weight in IGV	Overlap
ALKT	D	0.24%	0.07%	0.07%
ALTR	B	0.29%	0.23%	0.23%
APPF	C	0.34%	0.22%	0.22%
BRZE	F	0.15%	0.08%	0.08%
CVLT	B	0.51%	0.27%	0.27%
CWAN	B	0.74%	0.16%	0.16%
ENV	C	0.47%	0.12%	0.12%
GWRE	A	0.77%	0.59%	0.59%
INTA	C	0.38%	0.09%	0.09%
MANH	A	1.05%	0.69%	0.69%
NTNX	C	0.3%	0.59%	0.3%
PRO	F	0.3%	0.03%	0.03%
QLYS	F	0.22%	0.19%	0.19%
S	C	0.32%	0.28%	0.28%
SPSC	D	0.9%	0.29%	0.29%
TENB	D	0.37%	0.19%	0.19%
VERX	B	0.29%	0.08%	0.08%
VRNS	B	1.24%	0.25%	0.25%
ZETA	B	0.19%	0.24%	0.19%

MMSC Overweight 160 Positions Relative to IGV

Symbol	Grade	Weight
AXON	A	2.07%
CYBR	C	1.78%
BRBR	A	1.51%
SGBX	F	1.31%
WING	C	1.26%
CRNX	C	1.24%
PCVX	C	1.23%
AAON	A	1.21%
TMDX	D	1.17%
PLMR	A	1.12%
MOD	B	1.07%
COHR	B	1.07%
AVAV	B	0.95%
ONTO	B	0.93%
BFAM	C	0.88%
KTOS	B	0.87%
FTI	B	0.87%
GKOS	B	0.86%
FRPT	A	0.8%
SFM	A	0.79%
RBC	C	0.78%
RYAN	A	0.77%
HQY	B	0.77%
MNDY	B	0.76%
CW	A	0.76%
SMTC	C	0.71%
XENE	D	0.71%
FCN	C	0.71%
NTRA	A	0.7%
TTEK	A	0.69%
TNDM	D	0.68%
HALO	D	0.68%
EXEL	B	0.67%
MMS	C	0.67%
EZPW	C	0.67%
ERJ	C	0.66%
KNF	B	0.66%
HEI	C	0.66%
LGND	C	0.62%
ICFI	C	0.62%
ACHC	F	0.62%
IBP	C	0.62%
FSS	D	0.59%
PSN	A	0.59%
BCPC	C	0.58%
FIX	A	0.58%
ECPG	F	0.57%
VIRT	B	0.57%
MKTX	B	0.56%
LTH	B	0.55%
SITE	D	0.55%
MGY	B	0.55%
CR	A	0.55%
SUPN	D	0.54%
PZZA	D	0.53%
NUVL	B	0.53%
SKY	C	0.52%
RVLV	C	0.52%
CVNA	A	0.51%
SWN	D	0.5%
PIPR	A	0.5%
RGEN	F	0.49%
RARE	D	0.49%
VRT	B	0.49%
MTSI	B	0.48%
ATI	C	0.48%
KYMR	D	0.47%
ITGR	B	0.47%
VSEC	D	0.46%
CRDO	B	0.46%
ASPN	C	0.45%
AZEK	D	0.45%
BROS	F	0.45%
TBBK	A	0.45%
STRL	B	0.45%
GMED	B	0.44%
KNSL	B	0.44%
FN	B	0.43%
TECH	D	0.43%
TREX	D	0.43%
HUBG	D	0.42%
CRS	B	0.42%
WAL	C	0.42%
ASO	D	0.41%
POWL	B	0.41%
MEG	F	0.41%
NEOG	F	0.4%
MEDP	F	0.4%
EVR	C	0.4%
AZTA	F	0.39%
AMRC	C	0.39%
ITRI	C	0.39%
WHD	A	0.38%
BOOT	B	0.38%
KMPR	D	0.37%
ALSN	A	0.37%
GLOB	D	0.37%
ICLR	F	0.37%
ESI	C	0.36%
MGNI	D	0.36%
BMI	A	0.35%
MRUS	D	0.35%
LNN	C	0.35%
SKWD	A	0.34%
HCI	B	0.34%
MOG.A	C	0.34%
COMP	C	0.34%
KRNT	A	0.34%
WULF	C	0.34%
HSTM	B	0.33%
RYTM	C	0.33%
BLFS	D	0.33%
WIX	D	0.33%
OSCR	C	0.32%
LRN	D	0.32%
UEC	C	0.32%
RNA	B	0.31%
PSTG	F	0.31%
SITM	A	0.3%
EME	B	0.3%
ITCI	D	0.29%
SDGR	F	0.29%
POWI	F	0.29%
SLAB	D	0.28%
BECN	D	0.28%
MTH	C	0.28%
LSCC	D	0.28%
KRYS	D	0.27%
CGNX	F	0.27%
IRTC	F	0.27%
LNTH	C	0.27%
KFY	C	0.27%
TOST	B	0.27%
LASR	F	0.27%
RBRK	D	0.27%
CHEF	C	0.27%
MAX	C	0.26%
RXO	D	0.26%
AMBA	C	0.26%
ANF	D	0.26%
FIVE	D	0.26%
AIT	B	0.25%
ENVX	D	0.24%
QNST	C	0.23%
ROAD	C	0.22%
SAIA	D	0.22%
FWRG	F	0.22%
GNRC	B	0.22%
UPST	C	0.21%
RMBS	F	0.21%
LAD	C	0.2%
EWTX	B	0.2%
PI	A	0.19%
DNUT	F	0.17%
RXST	F	0.17%
PODD	C	0.15%
CELH	F	0.09%
CUBI	F	0.07%
INSM	D	0.06%
CSWI	A	0.06%

MMSC Underweight 91 Positions Relative to IGV

Symbol	Grade	Weight
CRM	B	-9.06%
ORCL	A	-8.68%
MSFT	D	-8.32%
ADBE	F	-7.3%
NOW	B	-6.97%
PANW	B	-4.27%
INTU	F	-4.21%
SNPS	F	-3.18%
CDNS	D	-3.03%
PLTR	A	-3.0%
CRWD	D	-2.67%
ROP	D	-2.4%
ADSK	B	-2.37%
WDAY	D	-2.09%
FTNT	A	-1.99%
FICO	C	-1.9%
DDOG	B	-1.44%
EA	D	-1.41%
MSTR	B	-1.24%
ANSS	D	-1.15%
HUBS	D	-1.11%
APP	A	-1.1%
TEAM	D	-1.04%
TTWO	D	-1.01%
TYL	D	-1.0%
PTC	B	-0.88%
ZM	B	-0.74%
ZS	F	-0.65%
DT	B	-0.64%
GEN	A	-0.6%
DOCU	A	-0.51%
SNAP	D	-0.46%
IOT	C	-0.39%
BSY	D	-0.32%
SMAR	A	-0.31%
PCOR	D	-0.27%
ESTC	F	-0.27%
U	D	-0.26%
AZPN	A	-0.25%
AUR	C	-0.24%
GTLB	D	-0.24%
DBX	C	-0.24%
PATH	D	-0.23%
MARA	F	-0.21%
HCP	A	-0.21%
BILL	D	-0.21%
ACIW	A	-0.21%
CFLT	F	-0.2%
CCCS	D	-0.19%
BOX	C	-0.19%
QTWO	B	-0.19%
DLB	D	-0.18%
WK	D	-0.17%
BLKB	C	-0.14%
IDCC	A	-0.14%
PEGA	B	-0.13%
NCNO	F	-0.12%
TDC	D	-0.12%
YOU	C	-0.12%
AI	D	-0.11%
ALRM	F	-0.11%
BL	D	-0.11%
PRGS	A	-0.11%
AGYS	D	-0.1%
DV	F	-0.1%
CLSK	F	-0.1%
RNG	F	-0.1%
FIVN	F	-0.09%
RPD	D	-0.09%
VYX	C	-0.08%
FRSH	F	-0.08%
RIOT	F	-0.08%
RAMP	F	-0.07%
PD	F	-0.07%
APPN	C	-0.06%
SPT	F	-0.06%
VRNT	F	-0.06%
AVPT	A	-0.05%
ZUO	F	-0.05%
MTTR	B	-0.05%
ADEA	B	-0.05%
PWSC	C	-0.05%
ETWO	F	-0.04%
NABL	F	-0.04%
CXM	F	-0.04%
ASAN	F	-0.04%
ATEN	B	-0.04%
JAMF	F	-0.04%
SWI	B	-0.03%
SEMR	C	-0.02%
MLNK	F	-0.02%