TRFM vs. MMLG ETF Comparison

Comparison of AAM Transformers ETF (TRFM) to First Trust Multi-Manager Large Growth ETF (MMLG)

TRFM

AAM Transformers ETF

TRFM Description

AAM Transformers ETF is an exchange traded fund launched by ETF Series Solutions. The fund is co-managed by Advisors Asset Management, Inc. and Vident Investment Advisory, LLC. It invests in public equity markets of the United States. It invests in stocks of companies operating across aerospace & defense, electronic components, IT consulting & other services, alternative carriers, electronic equipment & instruments, oil & gas refining & marketing, application software, heavy electrical equipment, independent power and renewable electricity producers, automobile manufacturers, hotels, resorts & cruise lines and leisure, semiconductors and semiconductor equipment, communications equipment, industrial machinery, consumer electronics, interactive home entertainment, specialty chemicals, copper, interactive media & services, systems software, data processing & outsourced services, internet & direct marketing retail, technology hardware and equipment, storage & peripherals, electrical components & equipment, internet services & infrastructure, trucking, communication services, media and entertainment, telecommunication services, diversified telecommunication services, consumer discretionary, automobiles and components, consumer durables and apparel, household durables, consumer services, retailing, energy, oil, gas and consumable fuels, industrials, capital goods, machinery, transportation, road and rail, information technology, software and services, IT services, materials, chemicals, metals and mining, and utilities sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the Pence Transformers Index, by using full replication technique. AAM Transformers ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$37.97

Average Daily Volume

2,686

Number of Holdings ^*

173

* may have additional holdings in another (foreign) market

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

$30.09

Average Daily Volume

11,606

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TRFM	MMLG
30 Days	6.30%	3.19%
60 Days	11.79%	6.36%
90 Days	12.64%	6.82%
12 Months	32.62%	33.63%

43 Overlapping Holdings

Symbol	Grade	Weight in TRFM	Weight in MMLG	Overlap
AAPL	C	0.79%	4.51%	0.79%
ABNB	D	0.64%	0.31%	0.31%
ADBE	D	0.74%	0.67%	0.67%
AMD	F	0.81%	0.29%	0.29%
AMZN	B	0.98%	6.71%	0.98%
ANET	C	0.69%	0.47%	0.47%
APH	B	0.66%	0.31%	0.31%
ASML	F	0.44%	1.28%	0.44%
AVGO	C	1.0%	2.05%	1.0%
CDNS	B	0.67%	0.53%	0.53%
COHR	B	0.38%	0.37%	0.37%
CRM	B	1.1%	0.91%	0.91%
DASH	A	0.77%	1.84%	0.77%
DDOG	A	0.65%	2.02%	0.65%
ENTG	F	0.25%	1.1%	0.25%
GOOGL	B	0.93%	2.23%	0.93%
HUBS	B	0.78%	0.28%	0.28%
INTU	B	0.89%	0.77%	0.77%
IOT	A	0.65%	1.36%	0.65%
KLAC	F	0.5%	0.57%	0.5%
MA	B	0.86%	1.46%	0.86%
MDB	C	0.58%	0.37%	0.37%
META	C	0.91%	4.51%	0.91%
MSFT	D	0.83%	6.79%	0.83%
NDSN	D	0.27%	0.31%	0.27%
NET	B	0.68%	1.27%	0.68%
NOW	B	0.99%	3.95%	0.99%
NVDA	A	1.12%	10.19%	1.12%
PANW	B	0.94%	0.43%	0.43%
PINS	F	0.56%	0.21%	0.21%
PTC	B	0.3%	0.4%	0.3%
RBLX	B	0.66%	0.8%	0.66%
SE	A	0.67%	1.84%	0.67%
SHOP	B	0.84%	2.74%	0.84%
SNOW	C	0.66%	0.64%	0.64%
SQ	A	0.76%	1.65%	0.76%
TEAM	A	0.77%	2.16%	0.77%
TSLA	A	1.22%	0.84%	0.84%
TXN	C	0.82%	0.29%	0.29%
UBER	F	0.8%	1.9%	0.8%
V	A	0.86%	1.09%	0.86%
VST	A	1.06%	0.12%	0.12%
WDAY	C	0.59%	0.45%	0.45%

TRFM Overweight 130 Positions Relative to MMLG

Symbol	Grade	Weight
APP	A	1.83%
ORCL	A	1.05%
ETN	B	1.02%
AXON	A	0.92%
GEV	A	0.92%
IBM	C	0.83%
RKLB	B	0.82%
CRWD	B	0.78%
ZS	B	0.74%
FICO	B	0.74%
MRVL	B	0.74%
EMR	A	0.72%
FTNT	B	0.71%
HWM	A	0.69%
ADSK	B	0.68%
CPAY	A	0.67%
SNPS	C	0.66%
AME	A	0.65%
TCOM	B	0.64%
CPNG	D	0.64%
MU	D	0.63%
TTWO	A	0.63%
HEI	A	0.6%
PDD	D	0.6%
RDDT	A	0.59%
FTV	D	0.59%
GFS	C	0.58%
TYL	B	0.58%
TSM	B	0.58%
TDG	D	0.57%
ARM	F	0.56%
STX	D	0.55%
LRCX	F	0.55%
SAP	B	0.53%
ACN	C	0.53%
ABBV	F	0.51%
ZK	C	0.49%
FSLR	F	0.48%
MELI	D	0.48%
BA	D	0.48%
CLSK	C	0.47%
CRDO	B	0.47%
LITE	B	0.43%
PAY	A	0.43%
TOST	A	0.43%
LYFT	C	0.41%
MPWR	F	0.41%
MARA	C	0.41%
BILL	B	0.41%
XPEV	C	0.4%
GTLS	A	0.39%
SITM	B	0.39%
GRAB	A	0.38%
RBRK	A	0.37%
CFLT	B	0.37%
BILI	C	0.36%
AFRM	A	0.36%
VERX	A	0.36%
RMBS	C	0.36%
GNRC	B	0.35%
FOUR	A	0.34%
MTSI	B	0.34%
PCOR	C	0.34%
BE	A	0.34%
SNAP	D	0.33%
EXLS	B	0.33%
GLBE	A	0.33%
GDS	C	0.33%
NVT	C	0.32%
S	B	0.32%
CWAN	B	0.32%
AI	B	0.32%
ALKT	B	0.32%
AVAV	C	0.31%
AGYS	A	0.31%
IPGP	D	0.31%
HUBB	B	0.31%
GLOB	C	0.31%
LI	F	0.31%
FLYW	B	0.31%
SMTC	C	0.31%
BMI	C	0.3%
ERJ	A	0.3%
PI	D	0.3%
ITT	A	0.3%
NTNX	B	0.3%
AEIS	B	0.3%
MNDY	D	0.29%
SMCI	F	0.29%
GTLB	B	0.29%
FROG	C	0.29%
WWD	B	0.28%
FLNC	C	0.28%
CLBT	B	0.28%
DCI	B	0.28%
CYBR	A	0.28%
AMBA	B	0.28%
EVTC	B	0.28%
BZ	F	0.28%
APPF	C	0.27%
DT	C	0.27%
SMAR	A	0.27%
DLO	C	0.27%
CGNX	D	0.27%
POWI	D	0.27%
ORA	B	0.27%
ASX	D	0.27%
ENS	D	0.26%
AY	A	0.26%
BRZE	C	0.26%
SYNA	D	0.26%
SLAB	F	0.25%
SPSC	F	0.25%
HCP	B	0.25%
STNE	F	0.24%
ALGM	F	0.24%
FORM	F	0.24%
AIN	C	0.24%
OLED	F	0.23%
RIVN	F	0.23%
SPR	D	0.23%
ONTO	F	0.23%
NIO	F	0.23%
PAGS	F	0.22%
TER	F	0.22%
AES	F	0.21%
UMC	F	0.21%
MQ	F	0.2%
ZETA	D	0.18%
RUN	F	0.14%

TRFM Underweight 34 Positions Relative to MMLG

Symbol	Grade	Weight
NFLX	A	-2.61%
SPOT	B	-1.84%
NU	C	-1.82%
DXCM	C	-1.66%
ICE	C	-1.47%
LLY	F	-1.46%
OKTA	D	-1.06%
RARE	F	-0.84%
CMG	C	-0.75%
ORLY	B	-0.63%
MRK	F	-0.63%
LYV	A	-0.61%
QCOM	F	-0.61%
VEEV	C	-0.6%
SHW	C	-0.56%
IT	C	-0.54%
IR	B	-0.51%
UNH	C	-0.48%
AXP	B	-0.47%
VRTX	D	-0.43%
ARES	A	-0.42%
BSX	A	-0.42%
CDW	F	-0.41%
EQIX	A	-0.41%
SPGI	D	-0.4%
KKR	A	-0.39%
BLDR	D	-0.38%
MNST	C	-0.36%
NKE	F	-0.33%
ACGL	D	-0.31%
EL	F	-0.29%
EW	C	-0.28%
DKNG	B	-0.27%
FANG	D	-0.18%

TRFM: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Semiconductors Aerospace & Defense Semiconductor Equipment & Materials Information Technology Services Auto Manufacturers Diversified Industrials Electronic Components Internet Content & Information Scientific & Technical Instruments Business Services Internet Content & Information Specialty Retail Utilities - Independent Power Producers Communication Equipment Credit Services Data Storage Electronic Gaming & Multimedia Internet Retail