MMSC vs. IQSM ETF Comparison

Comparison of First Trust Multi-Manager Small (MMSC) to IQ Candriam ESG U.S. Mid Cap Equity ETF (IQSM)

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

$21.70

Average Daily Volume

7,233

Number of Holdings ^*

181

* may have additional holdings in another (foreign) market

IQSM

IQ Candriam ESG U.S. Mid Cap Equity ETF

IQSM Description

IQ Candriam ESG U.S. Mid Cap Equity ETF is an exchange traded fund launched by New York Life Investment Management LLC. The fund is managed by IndexIQ Advisors LLC. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of mid-cap companies. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund seeks to track the performance of the IQ Candriam ESG U.S. Mid Cap Equity Index, by using full replication technique. IQ Candriam ESG U.S. Mid Cap Equity ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$33.54

Average Daily Volume

13,789

Number of Holdings ^*

214

* may have additional holdings in another (foreign) market

Performance

Period	MMSC	IQSM
30 Days	2.65%	0.51%
60 Days	5.54%	3.00%
90 Days	8.72%	5.86%
12 Months	39.27%	25.92%

36 Overlapping Holdings

Symbol	Grade	Weight in MMSC	Weight in IQSM	Overlap
ACHC	F	0.31%	0.17%	0.17%
ALTR	B	0.31%	0.27%	0.27%
ANF	C	0.25%	0.34%	0.25%
AZEK	B	0.43%	0.32%	0.32%
BRBR	A	1.67%	0.45%	0.45%
CGNX	D	0.26%	0.33%	0.26%
EME	A	0.33%	1.12%	0.33%
ESI	B	0.24%	0.3%	0.24%
EXEL	B	0.71%	0.43%	0.43%
FCN	F	0.59%	0.32%	0.32%
FIVE	F	0.23%	0.23%	0.23%
FIX	A	0.5%	0.74%	0.5%
FN	B	0.68%	0.44%	0.44%
FTI	A	0.94%	0.58%	0.58%
GLOB	C	0.41%	0.46%	0.41%
GWRE	A	0.74%	0.72%	0.72%
HALO	F	0.62%	0.32%	0.32%
IBP	F	0.31%	0.23%	0.23%
INSM	C	0.06%	0.54%	0.06%
ITCI	B	0.33%	0.41%	0.33%
LAD	B	0.4%	0.48%	0.4%
LSCC	D	0.25%	0.33%	0.25%
MANH	D	0.82%	0.82%	0.82%
MEDP	D	0.44%	0.37%	0.37%
MKTX	D	0.55%	0.47%	0.47%
NTNX	B	0.41%	0.83%	0.41%
ONTO	F	0.38%	0.38%	0.38%
PCVX	D	0.97%	0.46%	0.46%
RGEN	F	0.45%	0.35%	0.35%
RYAN	B	0.77%	0.33%	0.33%
SAIA	C	0.26%	0.69%	0.26%
SFM	A	0.97%	0.68%	0.68%
TECH	F	0.38%	0.54%	0.38%
TREX	D	0.43%	0.37%	0.37%
TTEK	F	0.57%	0.52%	0.52%
WAL	B	0.42%	0.47%	0.42%

MMSC Overweight 145 Positions Relative to IQSM

Symbol	Grade	Weight
AXON	A	2.41%
CYBR	A	1.65%
CRNX	C	1.41%
AAON	B	1.39%
VRNS	D	1.29%
SGBX	F	1.13%
COHR	B	1.09%
PLMR	A	1.05%
AVAV	C	0.99%
MOD	A	0.93%
KTOS	C	0.91%
HQY	A	0.9%
FRPT	A	0.84%
CWAN	B	0.84%
GKOS	A	0.82%
NTRA	A	0.8%
CW	B	0.79%
RBC	A	0.78%
XENE	D	0.73%
EZPW	A	0.72%
MNDY	D	0.7%
CVNA	A	0.68%
LGND	C	0.68%
HEI	A	0.67%
VSEC	B	0.66%
CVLT	B	0.66%
KNF	B	0.66%
RVLV	B	0.65%
ERJ	A	0.64%
BFAM	F	0.64%
MGNI	A	0.64%
SPSC	F	0.63%
SUPN	B	0.61%
MGY	A	0.6%
SMTC	C	0.59%
CRDO	B	0.58%
MMS	D	0.57%
PIPR	B	0.57%
BCPC	B	0.56%
FLS	A	0.56%
ITRI	B	0.55%
POWL	C	0.55%
ECPG	C	0.55%
WULF	C	0.54%
ICFI	F	0.53%
CR	A	0.52%
MTSI	B	0.51%
VRT	A	0.51%
WING	D	0.51%
TMDX	F	0.51%
SITE	D	0.5%
KNSL	B	0.5%
LTH	C	0.5%
SKY	A	0.5%
PZZA	F	0.49%
UPST	B	0.48%
VIRT	A	0.48%
ITGR	B	0.47%
KMPR	A	0.46%
PSN	C	0.46%
EVR	B	0.45%
STRL	A	0.45%
WVE	C	0.45%
TBBK	B	0.44%
HUBG	A	0.44%
ALSN	B	0.43%
CRS	A	0.43%
SITM	B	0.42%
BROS	A	0.42%
KRNT	B	0.41%
KYMR	C	0.41%
RARE	F	0.4%
BOOT	D	0.39%
INTA	B	0.39%
GMED	A	0.38%
SKWD	A	0.38%
NUVL	D	0.38%
IRTC	C	0.37%
RYTM	C	0.37%
TENB	D	0.37%
FSS	B	0.37%
TOST	A	0.37%
VERX	A	0.36%
RBRK	A	0.36%
MRUS	F	0.35%
MOG.A	B	0.35%
PRO	C	0.35%
S	B	0.35%
UEC	A	0.35%
HSTM	A	0.35%
WIX	A	0.34%
LNN	B	0.34%
ASO	F	0.34%
RNA	C	0.34%
BMI	C	0.33%
NEOG	D	0.33%
AZTA	F	0.32%
BLFS	C	0.31%
OLLI	D	0.31%
RMBS	C	0.31%
HCI	C	0.3%
FWRG	C	0.3%
RXO	C	0.3%
SDGR	C	0.3%
CIEN	B	0.3%
AIT	B	0.29%
LRN	A	0.29%
MEG	F	0.29%
LNTH	F	0.29%
SHAK	C	0.28%
PSTG	F	0.28%
WHD	B	0.27%
COMP	B	0.27%
ALKT	B	0.27%
POWI	D	0.27%
AMRC	F	0.26%
BWXT	A	0.26%
JBT	A	0.26%
GNRC	B	0.26%
ROAD	A	0.26%
AMBA	B	0.25%
TNDM	F	0.25%
CHEF	B	0.25%
LASR	D	0.25%
SLAB	F	0.24%
MTH	D	0.24%
EWTX	C	0.24%
QNST	C	0.24%
PI	D	0.23%
BECN	B	0.22%
ASPN	F	0.2%
BRZE	C	0.19%
ICLR	F	0.18%
ZETA	D	0.17%
MAX	F	0.17%
DNUT	F	0.16%
AGYS	A	0.16%
KRYS	C	0.16%
ENVX	F	0.15%
PODD	B	0.15%
RXST	F	0.14%
PTCT	C	0.13%
OSCR	C	0.11%
CELH	F	0.1%
CSWI	A	0.07%

MMSC Underweight 178 Positions Relative to IQSM

Symbol	Grade	Weight
PKG	B	-1.0%
YUMC	B	-0.86%
KEY	B	-0.85%
PNR	B	-0.84%
BURL	A	-0.84%
RPM	B	-0.83%
MAS	D	-0.82%
OC	A	-0.81%
XPO	B	-0.81%
GEN	B	-0.79%
KIM	A	-0.78%
DOCU	B	-0.77%
TOL	B	-0.76%
TWLO	A	-0.76%
EQH	B	-0.75%
UTHR	C	-0.75%
FLEX	B	-0.72%
USFD	A	-0.72%
RGA	B	-0.72%
GGG	B	-0.71%
ACM	B	-0.7%
EWBC	A	-0.69%
FFIV	B	-0.68%
DT	C	-0.68%
POOL	D	-0.66%
EPAM	C	-0.66%
UDR	C	-0.65%
UNM	A	-0.65%
RNR	C	-0.64%
TPR	B	-0.63%
CHRW	B	-0.62%
CPT	C	-0.61%
ELS	B	-0.61%
JLL	D	-0.6%
ITT	A	-0.6%
AMH	C	-0.6%
JKHY	D	-0.6%
REG	A	-0.59%
NBIX	C	-0.59%
HST	D	-0.59%
KMX	C	-0.59%
JNPR	D	-0.58%
NVT	C	-0.58%
ALB	B	-0.57%
WPC	C	-0.57%
PAYC	B	-0.56%
RRX	B	-0.55%
SJM	D	-0.55%
DAY	B	-0.55%
BLD	F	-0.55%
BJ	B	-0.55%
Z	A	-0.55%
LW	C	-0.55%
AIZ	A	-0.54%
DKS	D	-0.54%
CG	B	-0.54%
NCLH	B	-0.54%
ATR	B	-0.54%
SF	B	-0.54%
NWSA	B	-0.53%
IPG	F	-0.53%
CTLT	D	-0.51%
FND	F	-0.51%
CUBE	C	-0.51%
PRI	A	-0.5%
WTRG	B	-0.5%
CRL	D	-0.48%
EHC	B	-0.48%
AYI	B	-0.48%
OHI	B	-0.47%
GL	C	-0.47%
ALLY	C	-0.47%
LKQ	F	-0.47%
INGR	B	-0.47%
SRPT	F	-0.46%
ARMK	C	-0.46%
QGEN	F	-0.46%
WCC	B	-0.46%
DTM	A	-0.46%
EXAS	D	-0.45%
ORI	A	-0.45%
FBIN	F	-0.45%
DCI	B	-0.44%
ROKU	D	-0.44%
TFX	F	-0.43%
PCTY	B	-0.43%
REXR	F	-0.43%
AXTA	B	-0.43%
WMS	F	-0.42%
SNX	D	-0.42%
KNX	B	-0.42%
AOS	F	-0.42%
RVMD	B	-0.42%
RL	C	-0.41%
TTC	F	-0.41%
PEN	B	-0.41%
BRX	A	-0.41%
GPK	D	-0.41%
MTZ	A	-0.41%
CHE	F	-0.4%
FRT	B	-0.4%
PLNT	A	-0.4%
MOS	D	-0.4%
DVA	C	-0.4%
X	C	-0.39%
HAS	D	-0.39%
HRB	D	-0.39%
VOYA	B	-0.39%
NYT	D	-0.39%
WH	B	-0.37%
HSIC	C	-0.37%
RHI	C	-0.37%
ADC	A	-0.36%
JAZZ	C	-0.36%
ESTC	C	-0.36%
KEX	B	-0.36%
AA	A	-0.35%
OLED	F	-0.35%
RIVN	F	-0.35%
APG	C	-0.35%
G	B	-0.35%
MHK	D	-0.35%
GNTX	F	-0.34%
WEX	F	-0.34%
GTLS	A	-0.34%
ALV	C	-0.34%
BPOP	C	-0.33%
BEN	C	-0.33%
H	B	-0.33%
CMC	B	-0.33%
FR	C	-0.33%
AGNC	C	-0.33%
GXO	B	-0.33%
MKSI	C	-0.33%
DINO	D	-0.32%
LSTR	D	-0.32%
PARA	D	-0.32%
HLNE	A	-0.32%
FAF	C	-0.31%
CFLT	B	-0.31%
DAR	B	-0.31%
STAG	D	-0.31%
MTN	C	-0.31%
AXS	A	-0.31%
ARW	F	-0.3%
WBA	F	-0.3%
NOV	D	-0.3%
MSA	D	-0.3%
LFUS	D	-0.29%
PVH	C	-0.28%
AGCO	F	-0.28%
SUM	B	-0.28%
STWD	C	-0.28%
CHX	C	-0.28%
WFRD	F	-0.28%
CROX	F	-0.28%
SIGI	B	-0.28%
ETSY	D	-0.28%
BPMC	C	-0.28%
VKTX	F	-0.27%
WTS	B	-0.27%
CLF	F	-0.26%
LEA	F	-0.26%
CRUS	F	-0.26%
PATH	C	-0.26%
POST	C	-0.25%
AM	A	-0.24%
TKR	F	-0.23%
ST	F	-0.23%
DLB	F	-0.21%
AN	D	-0.21%
GAP	D	-0.21%
ZG	A	-0.16%
COTY	F	-0.13%
CACC	F	-0.13%
NWS	A	-0.11%
LEVI	F	-0.08%
LCID	F	-0.08%