MMSC vs. IQM ETF Comparison

Comparison of First Trust Multi-Manager Small (MMSC) to Franklin Intelligent Machines ETF (IQM)

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

$22.50

Average Daily Volume

7,151

Number of Holdings ^*

184

* may have additional holdings in another (foreign) market

IQM

Franklin Intelligent Machines ETF

IQM Description

The investment seeks capital appreciation. Under normal market conditions, the fund invests at least 80% of its net assets in equity securities of companies that are relevant to its investment theme of intelligent machines. The fund invests predominantly in common stock. Although it may invest across economic sectors, the advisor expects to have significant positions in particular sectors including technology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$67.74

Average Daily Volume

4,362

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MMSC	IQM
30 Days	8.80%	7.46%
60 Days	9.28%	9.03%
90 Days	11.33%	7.71%
12 Months	44.17%	42.26%

7 Overlapping Holdings

Symbol	Grade	Weight in MMSC	Weight in IQM	Overlap
ALTR	B	0.31%	1.22%	0.31%
AVAV	D	0.89%	0.91%	0.89%
AXON	A	1.46%	5.68%	1.46%
FTI	A	0.96%	0.26%	0.26%
PSTG	D	0.29%	0.35%	0.29%
SITM	B	0.55%	0.32%	0.32%
VRT	B	0.56%	1.23%	0.56%

MMSC Overweight 177 Positions Relative to IQM

Symbol	Grade	Weight
CYBR	B	1.74%
BRBR	A	1.64%
AAON	B	1.39%
CRNX	C	1.33%
SGBX	F	1.28%
VRNS	D	1.24%
MOD	A	1.04%
COHR	B	1.0%
PLMR	B	0.98%
SFM	A	0.98%
KTOS	B	0.91%
NTRA	B	0.9%
FRPT	B	0.85%
GKOS	B	0.84%
HQY	B	0.84%
RBC	A	0.81%
CW	B	0.8%
MANH	D	0.8%
RYAN	B	0.78%
CWAN	B	0.78%
GWRE	A	0.77%
PCVX	D	0.71%
MGNI	A	0.71%
CVNA	B	0.7%
EZPW	A	0.7%
EXEL	B	0.7%
XENE	D	0.69%
KNF	A	0.69%
FLS	B	0.68%
MNDY	C	0.68%
HEI	B	0.67%
PIPR	B	0.66%
CVLT	B	0.66%
RVLV	B	0.66%
GMED	A	0.66%
LGND	B	0.66%
FN	D	0.65%
VSEC	C	0.64%
SPSC	C	0.63%
ERJ	B	0.63%
MGY	A	0.62%
CR	A	0.61%
FCN	D	0.6%
TTEK	F	0.57%
SUPN	C	0.56%
WULF	C	0.56%
BCPC	B	0.56%
FIX	A	0.55%
ECPG	B	0.55%
ITRI	B	0.54%
MMS	F	0.54%
UEC	B	0.54%
HALO	F	0.53%
MTSI	B	0.52%
WING	D	0.52%
KNSL	B	0.51%
UPST	B	0.51%
VIRT	B	0.51%
SKY	A	0.51%
LTH	C	0.51%
OLLI	D	0.5%
HUBG	A	0.5%
PZZA	D	0.5%
SITE	D	0.49%
BROS	B	0.48%
MKTX	D	0.48%
POWL	C	0.48%
ICFI	F	0.47%
STRL	B	0.47%
ITGR	B	0.47%
BFAM	D	0.46%
CRS	A	0.46%
KMPR	B	0.46%
KRNT	C	0.46%
AZEK	A	0.45%
TMDX	F	0.45%
EVR	B	0.45%
ZETA	D	0.44%
PSN	D	0.44%
RGEN	D	0.44%
MEDP	D	0.43%
ASO	F	0.43%
WVE	C	0.43%
SMTC	B	0.42%
ALSN	B	0.42%
TREX	C	0.42%
INTA	A	0.41%
WAL	B	0.41%
ACHC	F	0.4%
TOST	B	0.4%
KYMR	D	0.4%
SKWD	A	0.4%
LAD	A	0.4%
NTNX	A	0.4%
GLOB	B	0.39%
WIX	B	0.39%
BOOT	D	0.39%
RARE	D	0.39%
NUVL	D	0.39%
RNA	D	0.39%
ONTO	D	0.38%
SAIA	B	0.38%
FSS	B	0.38%
BLFS	C	0.38%
VERX	B	0.38%
RYTM	C	0.37%
RBRK	A	0.37%
TENB	C	0.36%
TECH	D	0.36%
HSTM	B	0.35%
S	B	0.35%
LNN	B	0.35%
MOG.A	B	0.35%
CRDO	B	0.35%
AZTA	D	0.34%
TNDM	F	0.34%
PRO	C	0.34%
EME	C	0.34%
NEOG	F	0.34%
BMI	B	0.33%
IRTC	D	0.33%
FWRG	C	0.32%
TBBK	B	0.32%
ITCI	C	0.32%
CIEN	B	0.32%
BWXT	B	0.32%
IBP	D	0.31%
RMBS	C	0.31%
LASR	D	0.31%
RXO	C	0.3%
MRUS	F	0.3%
LRN	A	0.3%
HCI	C	0.28%
ALKT	B	0.28%
SDGR	C	0.28%
AIT	A	0.28%
LSCC	D	0.28%
SHAK	C	0.27%
ROAD	A	0.27%
CHEF	A	0.27%
POWI	D	0.27%
AMRC	F	0.26%
MEG	F	0.26%
JBT	B	0.26%
COMP	B	0.26%
WHD	B	0.26%
CGNX	C	0.25%
QNST	B	0.25%
GNRC	B	0.25%
AMBA	B	0.25%
ANF	C	0.24%
PI	D	0.24%
BECN	B	0.24%
SLAB	D	0.23%
EWTX	C	0.23%
MTH	D	0.23%
ESI	A	0.23%
LNTH	D	0.22%
FIVE	F	0.22%
BRZE	C	0.22%
TVTX	B	0.21%
AGYS	A	0.2%
ICLR	D	0.19%
MAX	F	0.17%
KRYS	B	0.16%
CLSK	C	0.16%
ENVX	F	0.15%
DNUT	D	0.15%
PAY	B	0.14%
OSCR	D	0.13%
PTCT	B	0.13%
RKLB	B	0.13%
PODD	C	0.12%
CELH	F	0.1%
CSWI	A	0.07%
INSM	C	0.06%
ASPN	F	0.04%

MMSC Underweight 42 Positions Relative to IQM

Symbol	Grade	Weight
NVDA	C	-13.69%
ISRG	A	-5.81%
TSLA	B	-4.41%
AAPL	C	-4.22%
CDNS	B	-4.11%
TSM	B	-4.01%
SNPS	B	-3.83%
ASML	F	-2.83%
PWR	A	-2.7%
AMAT	F	-2.3%
AMD	F	-2.02%
AVGO	D	-1.98%
ADSK	A	-1.94%
TER	D	-1.4%
ADI	D	-1.32%
APH	A	-1.32%
UBER	D	-1.31%
PTC	A	-1.29%
GEV	B	-1.24%
KLAC	D	-1.23%
VMI	B	-1.19%
LRCX	F	-1.12%
ETN	A	-1.03%
ZBRA	B	-0.98%
CRWD	B	-0.87%
ROP	B	-0.83%
KEYS	A	-0.83%
IDXX	F	-0.71%
PRCT	B	-0.7%
TXN	C	-0.66%
ENTG	D	-0.61%
BKR	B	-0.57%
IOT	A	-0.53%
TRMB	B	-0.47%
NXPI	D	-0.45%
BSY	D	-0.38%
FSLR	F	-0.37%
PLTR	B	-0.35%
MCHP	D	-0.3%
OII	B	-0.26%
ALGN	D	-0.23%
MPWR	F	-0.17%

IQM: Top Represented Industries & Keywords

Industries: Semiconductors Semiconductor Equipment & Materials Software - Application Software - Infrastructure Oil & Gas Equipment & Services Aerospace & Defense Diversified Industrials Medical Devices Scientific & Technical Instruments Auto Manufacturers Conglomerates Consumer Electronics Data Storage Diagnostics & Research Electronic Components Engineering & Construction Medical Instruments & Supplies Metal Fabrication Solar Specialty Industrial Machinery