BTEC vs. MMSC ETF Comparison

Comparison of Principal Healthcare Innovators Index ETF (BTEC) to First Trust Multi-Manager Small (MMSC)

BTEC

Principal Healthcare Innovators Index ETF

BTEC Description

The investment seeks to provide investment results that closely correspond, before expenses, to the performance of the Nasdaq Healthcare Innovators Index (the "index"). Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies that compose the index at the time of purchase. The index uses a quantitative model designed to identify equity securities in the Nasdaq US Benchmark Index (including growth and value stock) that are small and medium capitalization U.S. healthcare companies.

Grade (RS Rating)

Last Trade

$36.49

Average Daily Volume

6,126

Number of Holdings ^*

245

* may have additional holdings in another (foreign) market

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

$18.66

Average Daily Volume

8,252

Number of Holdings ^*

175

* may have additional holdings in another (foreign) market

Performance

Period	BTEC	MMSC
30 Days	-0.35%	-2.28%
60 Days	-7.50%	-3.29%
90 Days	0.97%	5.87%
12 Months	2.21%	24.71%

18 Overlapping Holdings

Symbol	Grade	Weight in BTEC	Weight in MMSC	Overlap
APLS	F	1.33%	0.16%	0.16%
ATEC	D	0.41%	0.26%	0.26%
AZTA	D	0.67%	0.46%	0.46%
BLFS	B	0.2%	0.2%	0.2%
BPMC	A	1.28%	0.25%	0.25%
CRNX	A	0.77%	0.96%	0.77%
GKOS	A	1.15%	0.74%	0.74%
INSP	B	1.57%	0.46%	0.46%
IOVA	C	0.75%	0.11%	0.11%
IRTC	B	0.81%	0.42%	0.42%
ITCI	B	1.61%	0.22%	0.22%
MDGL	D	0.89%	0.15%	0.15%
NTRA	A	2.52%	0.8%	0.8%
NUVL	C	0.9%	0.34%	0.34%
PCVX	C	1.5%	0.85%	0.85%
RARE	D	0.84%	0.26%	0.26%
TMDX	A	0.7%	0.95%	0.7%
TNDM	A	0.56%	0.62%	0.56%

BTEC Overweight 227 Positions Relative to MMSC

Symbol	Grade	Weight
MRNA	A	3.39%
ALNY	D	3.27%
ILMN	D	3.0%
SRPT	B	2.73%
EXAS	F	2.43%
CTLT	C	2.3%
CERE	A	1.75%
VKTX	B	1.72%
CYTK	D	1.53%
ELAN	C	1.47%
IONS	D	1.41%
RVMD	A	1.35%
BBIO	D	1.04%
ALPN	A	1.01%
IMVT	D	0.94%
INSM	D	0.86%
AXSM	D	0.79%
SWTX	D	0.76%
ENOV	F	0.71%
FOLD	D	0.7%
IDYA	C	0.68%
TXG	F	0.66%
PRCT	A	0.63%
ARWR	D	0.63%
ACLX	C	0.63%
JANX	A	0.59%
SMMT	B	0.59%
CLDX	C	0.55%
ICUI	F	0.54%
RYTM	C	0.54%
NARI	D	0.52%
VCEL	B	0.52%
VERA	B	0.51%
ARVN	D	0.51%
TGTX	B	0.51%
KYMR	C	0.49%
DNLI	F	0.49%
RCKT	D	0.48%
PTCT	B	0.47%
GERN	A	0.47%
NTLA	F	0.46%
RNA	A	0.46%
DYN	C	0.46%
RXST	A	0.46%
KROS	C	0.46%
SANA	B	0.45%
AGIO	A	0.44%
TWST	C	0.43%
BEAM	F	0.42%
SNDX	C	0.42%
MYGN	C	0.39%
RXRX	F	0.39%
INBX	D	0.39%
VCYT	D	0.36%
ARDX	D	0.36%
ADMA	A	0.36%
EWTX	B	0.36%
PTGX	D	0.35%
KURA	C	0.35%
MORF	F	0.34%
RCUS	D	0.33%
AKRO	F	0.32%
NVCR	F	0.32%
TARS	B	0.3%
DAWN	A	0.29%
DCPH	A	0.29%
FDMT	C	0.29%
MIRM	D	0.29%
XNCR	B	0.29%
ATRC	F	0.27%
SRRK	C	0.27%
PRTA	F	0.27%
VIR	F	0.26%
SAVA	B	0.25%
ARQT	D	0.25%
MRVI	B	0.25%
ALXO	A	0.24%
LQDA	C	0.24%
MGNX	D	0.23%
BCRX	F	0.22%
CGEM	A	0.22%
RLAY	F	0.21%
CYRX	B	0.21%
EYPT	D	0.21%
SAGE	F	0.21%
TYRA	B	0.21%
AVNS	C	0.21%
ETNB	F	0.2%
ZNTL	F	0.2%
SPRY	B	0.2%
RGNX	D	0.2%
VRDN	F	0.2%
SILK	B	0.19%
ELVN	B	0.19%
PLRX	F	0.19%
KNSA	B	0.19%
AUPH	F	0.19%
FNA	F	0.19%
KIDS	B	0.19%
CTKB	F	0.19%
ARCT	F	0.18%
EOLS	C	0.18%
SVRA	C	0.17%
TMCI	F	0.17%
COGT	D	0.17%
SIGA	A	0.17%
LBPH	B	0.17%
YMAB	B	0.17%
OCUL	D	0.16%
LYEL	B	0.16%
HLVX	D	0.16%
AVTE	D	0.16%
SIBN	F	0.16%
IRON	F	0.16%
NRIX	D	0.16%
PHAT	D	0.15%
MLYS	C	0.15%
NVAX	F	0.15%
OLMA	D	0.15%
NUVB	B	0.15%
QTRX	D	0.15%
WVE	B	0.15%
CABA	F	0.15%
CDMO	B	0.14%
OFIX	D	0.14%
ANAB	B	0.14%
OABI	D	0.14%
ABUS	D	0.14%
HUMA	B	0.14%
KALV	B	0.13%
NKTX	D	0.13%
ALEC	D	0.13%
ALLO	F	0.13%
THRD	A	0.13%
TBPH	B	0.13%
ORIC	D	0.13%
PRME	F	0.13%
URGN	D	0.13%
VYGR	D	0.12%
ANIK	A	0.12%
LRMR	D	0.12%
EDIT	F	0.12%
NVRO	F	0.12%
TRDA	C	0.12%
ZIMV	C	0.12%
VERV	F	0.12%
LXRX	D	0.11%
BMEA	F	0.11%
AURA	D	0.11%
PLSE	D	0.11%
REPL	F	0.11%
PGEN	C	0.11%
CELC	C	0.11%
ALT	D	0.11%
ITOS	B	0.11%
PEPG	B	0.11%
CDNA	C	0.11%
ADPT	F	0.11%
SRDX	B	0.11%
TVTX	F	0.11%
HRTX	C	0.11%
CERS	D	0.1%
MRSN	D	0.1%
RVNC	F	0.1%
CRBU	F	0.1%
TNYA	D	0.1%
ANNX	D	0.1%
CRMD	B	0.1%
FATE	D	0.1%
HROW	F	0.1%
LUNG	D	0.09%
RAPT	F	0.09%
AXGN	F	0.09%
TERN	F	0.09%
ALDX	C	0.09%
MGTX	D	0.09%
CVRX	F	0.09%
ERAS	D	0.09%
PACB	F	0.09%
ARAY	F	0.08%
VTYX	F	0.08%
XERS	D	0.08%
INZY	D	0.08%
MACK	A	0.08%
FENC	D	0.08%
ENTA	D	0.08%
IGMS	D	0.08%
ANGO	B	0.08%
AVXL	F	0.08%
CDXS	B	0.07%
RIGL	D	0.07%
STRO	D	0.07%
ATNM	B	0.07%
AKYA	F	0.07%
XFOR	C	0.07%
QSI	F	0.07%
OMER	B	0.07%
CHRS	F	0.07%
TSVT	D	0.07%
MCRB	D	0.06%
KOD	D	0.06%
ACET	F	0.06%
INGN	D	0.06%
OM	C	0.06%
BLUE	F	0.06%
SCPH	F	0.06%
RCEL	F	0.06%
PSTX	D	0.06%
SGMO	F	0.05%
EBS	C	0.05%
KPTI	F	0.05%
PDSB	F	0.05%
BTAI	F	0.05%
BFLY	F	0.05%
ACRS	C	0.05%
OMGA	F	0.05%
PMVP	C	0.05%
ATRA	F	0.05%
CUTR	C	0.05%
MURA	F	0.04%
GNLX	F	0.04%
FGEN	F	0.04%
BCAB	B	0.04%
ALLK	F	0.04%
GRTS	F	0.03%
EYEN	F	0.03%
MRNS	F	0.02%

BTEC Underweight 157 Positions Relative to MMSC

Symbol	Grade	Weight
SMCI	D	-2.11%
ONTO	B	-2.0%
BRBR	C	-1.95%
AXON	B	-1.94%
CYBR	D	-1.68%
FTI	A	-1.3%
WING	A	-1.27%
CELH	C	-1.24%
SAIA	F	-0.89%
MEG	A	-0.88%
WFRD	A	-0.87%
AVAV	A	-0.86%
HQY	D	-0.85%
MANH	F	-0.83%
SPSC	B	-0.83%
ENV	A	-0.82%
XENE	C	-0.82%
PLMR	B	-0.79%
AZEK	C	-0.78%
AAON	A	-0.75%
KTOS	A	-0.75%
VRT	A	-0.72%
PIPR	A	-0.7%
EZPW	B	-0.7%
RBC	C	-0.68%
MTDR	D	-0.66%
CNM	A	-0.65%
MGY	B	-0.65%
HEI	A	-0.65%
ACHC	F	-0.64%
EXEL	B	-0.64%
MMS	C	-0.63%
SITE	F	-0.63%
ELF	D	-0.63%
VRNS	D	-0.62%
MNDY	C	-0.62%
HCI	B	-0.62%
TREX	C	-0.62%
TTEK	A	-0.61%
KNSL	F	-0.61%
RYAN	B	-0.61%
IBP	B	-0.6%
APG	D	-0.6%
SWN	B	-0.59%
BROS	F	-0.59%
DUOL	A	-0.58%
FCN	A	-0.57%
ICFI	C	-0.57%
PRO	F	-0.57%
SGBX	F	-0.57%
FRPT	C	-0.56%
SFM	A	-0.56%
KMPR	B	-0.56%
RGEN	D	-0.55%
TDW	A	-0.55%
FSS	B	-0.55%
CHEF	B	-0.55%
GWRE	C	-0.53%
HALO	C	-0.52%
CW	A	-0.52%
MOD	A	-0.51%
KNF	A	-0.51%
PZZA	F	-0.51%
AIT	C	-0.51%
SUPN	C	-0.5%
BFAM	D	-0.5%
MEDP	D	-0.49%
BCPC	C	-0.49%
FIX	B	-0.49%
APPF	B	-0.48%
LGND	C	-0.47%
ECPG	D	-0.47%
UEC	A	-0.47%
CRDO	F	-0.47%
ICLR	D	-0.47%
WEX	D	-0.46%
RVLV	D	-0.46%
MRUS	B	-0.46%
TENB	D	-0.45%
ESTC	B	-0.44%
AEO	B	-0.42%
RPD	F	-0.41%
NTNX	C	-0.41%
GTLB	D	-0.41%
HUBG	B	-0.4%
TROX	A	-0.4%
MTSI	B	-0.4%
GLOB	F	-0.4%
TECH	B	-0.38%
MODN	B	-0.38%
PR	B	-0.38%
PSTG	C	-0.38%
FIVE	F	-0.37%
WHD	B	-0.37%
HRI	D	-0.37%
FIVN	F	-0.37%
ZWS	D	-0.35%
LSCC	F	-0.35%
ITGR	B	-0.35%
QLYS	D	-0.34%
POWI	D	-0.34%
ASO	D	-0.33%
MSA	D	-0.33%
LNN	B	-0.33%
BMI	A	-0.33%
CVNA	A	-0.33%
GMED	F	-0.32%
MOG.A	A	-0.32%
HSTM	B	-0.32%
EVR	D	-0.32%
SKWD	C	-0.31%
SSD	C	-0.3%
LASR	D	-0.3%
S	C	-0.3%
PCRX	D	-0.3%
FLR	A	-0.3%
CGNX	B	-0.29%
NEOG	F	-0.29%
RMBS	F	-0.29%
AAOI	F	-0.28%
SKY	C	-0.28%
VIRT	A	-0.27%
EME	A	-0.27%
SLAB	D	-0.27%
TOST	C	-0.27%
LIVN	A	-0.27%
ALTR	D	-0.27%
FN	C	-0.26%
INTA	F	-0.26%
KRYS	C	-0.26%
FWRG	B	-0.26%
GTLS	F	-0.25%
KFY	C	-0.25%
LOPE	B	-0.25%
BCC	D	-0.24%
BRP	C	-0.24%
STRL	D	-0.24%
KRNT	F	-0.23%
COHR	C	-0.23%
SDGR	F	-0.23%
VSEC	A	-0.22%
OSCR	A	-0.22%
EVER	A	-0.21%
HIMS	D	-0.21%
WAL	B	-0.21%
MKTX	D	-0.21%
DNUT	F	-0.21%
SMTC	A	-0.2%
TYL	A	-0.19%
MTH	A	-0.19%
AMRC	D	-0.17%
CUBI	D	-0.16%
EYE	F	-0.15%
IPAR	F	-0.14%
AMBA	F	-0.11%
PODD	D	-0.11%
QNST	A	-0.09%