MMLG vs. IQQQ ETF Comparison

Comparison of First Trust Multi-Manager Large Growth ETF (MMLG) to ProShares Nasdaq-100 High Income ETF (IQQQ)

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

$28.66

Average Daily Volume

11,019

Number of Holdings ^*

75

* may have additional holdings in another (foreign) market

IQQQ

ProShares Nasdaq-100 High Income ETF

IQQQ Description

The index is designed to replicate the performance of an investment strategy that combines a long position in the Nasdaq-100 Index with a short position in Nasdaq-100 Index call options. Under normal circumstances, the fund will invest at least 80% of its total assets in component securities of the index or in instruments with similar economic characteristics. The fund is non-diversified. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$41.50

Average Daily Volume

62,953

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	MMLG	IQQQ
30 Days	2.01%	1.15%
60 Days	3.11%	2.58%
90 Days	11.50%	8.73%
12 Months	39.41%

28 Overlapping Holdings

	Symbol	Grade	Weight in MMLG	Weight in IQQQ	Overlap
	AAPL	C	4.76%	8.05%	4.76%
	ABNB	B	0.35%	0.35%	0.35%
	ADBE	F	0.6%	1.25%	0.6%
	AMZN	A	6.75%	4.49%	4.49%
	ASML	F	1.65%	0.39%	0.39%
	AVGO	B	2.14%	4.67%	2.14%
	CDNS	C	0.36%	0.41%	0.36%
	CDW	F	0.45%	0.17%	0.17%
	DASH	A	1.19%	0.35%	0.35%
	DDOG	B	2.13%	0.23%	0.23%
	DXCM	C	1.33%	0.17%	0.17%
	FANG	F	0.18%	0.31%	0.18%
	GOOG	A	0.56%	2.13%	0.56%
	GOOGL	A	2.87%	2.22%	2.22%
	INTU	D	0.54%	1.0%	0.54%
	KLAC	F	0.62%	0.53%	0.53%
	LRCX	F	0.71%	0.57%	0.57%
	META	B	4.57%	4.56%	4.56%
	MNST	C	0.33%	0.3%	0.3%
	MSFT	D	7.59%	7.19%	7.19%
	NFLX	A	2.44%	1.88%	1.88%
	NVDA	B	10.19%	7.82%	7.82%
	ORLY	C	0.62%	0.41%	0.41%
	ROP	D	0.3%	0.34%	0.3%
	TEAM	A	1.78%	0.18%	0.18%
	TSLA	A	0.4%	2.88%	0.4%
	TXN	A	0.59%	1.1%	0.59%
	WDAY	F	0.4%	0.29%	0.29%

MMLG Overweight 47 Positions Relative to IQQQ

	Symbol	Grade	Weight
	NOW	A	4.03%
	SHOP	B	2.18%
	NU	C	2.01%
	LLY	F	1.85%
	SE	B	1.84%
	SPOT	A	1.62%
	SQ	B	1.56%
	UBER	C	1.56%
	MA	B	1.46%
	IOT	C	1.4%
	ENTG	D	1.27%
	EW	D	1.13%
	ICE	C	1.12%
	OKTA	D	1.09%
	V	A	1.07%
	RARE	D	1.0%
	MRK	F	0.85%
	CMG	B	0.78%
	FND	D	0.71%
	UNH	C	0.71%
	CRM	A	0.71%
	RBLX	A	0.69%
	APH	B	0.68%
	ACN	C	0.65%
	SNOW	C	0.63%
	MSI	B	0.61%
	TJX	D	0.59%
	NET	B	0.54%
	SHW	D	0.52%
	RSG	D	0.48%
	LYV	A	0.47%
	DE	B	0.46%
	AXP	A	0.45%
	EL	F	0.44%
	IR	C	0.42%
	BSX	C	0.41%
	TMO	D	0.39%
	STZ	F	0.39%
	RTX	C	0.38%
	ACGL	F	0.38%
	NKE	F	0.37%
	CB	C	0.37%
	KKR	B	0.36%
	EQIX	B	0.33%
	ABT	A	0.31%
	VEEV	B	0.29%
	VST	B	0.27%

MMLG Underweight 73 Positions Relative to IQQQ

	Symbol	Grade	Weight
	COST	D	-2.32%
	TMUS	B	-1.56%
	AMD	F	-1.52%
	PEP	D	-1.37%
	LIN	C	-1.33%
	CSCO	B	-1.31%
	QCOM	D	-1.12%
	ISRG	B	-1.06%
	AMGN	C	-1.0%
	CMCSA	A	-0.95%
	AMAT	F	-0.9%
	BKNG	A	-0.86%
	HON	B	-0.78%
	VRTX	D	-0.72%
	PANW	B	-0.69%
	MU	C	-0.69%
	ADP	A	-0.68%
	ADI	C	-0.67%
	GILD	A	-0.65%
	SBUX	A	-0.65%
	MELI	A	-0.61%
	REGN	F	-0.59%
	INTC	C	-0.57%
	MDLZ	D	-0.54%
	PYPL	B	-0.5%
	CEG	B	-0.49%
	PDD	C	-0.49%
	CTAS	B	-0.49%
	SNPS	B	-0.45%
	MAR	A	-0.43%
	MRVL	A	-0.42%
	CRWD	C	-0.41%
	CSX	F	-0.38%
	NXPI	C	-0.37%
	FTNT	B	-0.36%
	ADSK	B	-0.36%
	PCAR	C	-0.33%
	AEP	D	-0.31%
	TTD	B	-0.31%
	PAYX	B	-0.3%
	CPRT	D	-0.29%
	CHTR	B	-0.28%
	ROST	F	-0.28%
	KDP	F	-0.27%
	FAST	A	-0.26%
	AZN	F	-0.26%
	KHC	D	-0.25%
	ODFL	A	-0.25%
	EXC	C	-0.24%
	MCHP	F	-0.24%
	GEHC	D	-0.23%
	IDXX	F	-0.22%
	BKR	A	-0.22%
	CTSH	D	-0.22%
	VRSK	B	-0.22%
	EA	A	-0.22%
	CCEP	D	-0.21%
	XEL	A	-0.21%
	LULU	C	-0.21%
	CSGP	F	-0.18%
	ON	D	-0.18%
	ANSS	C	-0.17%
	TTWO	A	-0.17%
	ZS	C	-0.17%
	BIIB	F	-0.16%
	SMCI	F	-0.16%
	GFS	F	-0.13%
	ILMN	A	-0.13%
	MDB	F	-0.12%
	MRNA	F	-0.12%
	WBD	C	-0.11%
	ARM	B	-0.11%
	DLTR	F	-0.08%

MMLG: Top Represented Industries & Keywords

Industries: Software - Application Internet Content & Information Semiconductor Equipment & Materials Credit Services Medical Devices Semiconductors Software - Infrastructure Diagnostics & Research Diversified Industrials Drug Manufacturers - Major Information Technology Services Internet Content & Information Media - Diversified Specialty Retail Aerospace & Defense Apparel Stores Asset Management Auto Manufacturers Banks - Diversified Beverages - Soft Drinks

Keywords: S&P 500 Nasdaq 100 Computing Dow Jones Component Cloud Computing Work From Home Mobile Devices Software Software As A Service Integrated Circuits Payment Systems Smartphones Hyperscale Medicine Operating System Semiconductor Cloud Infrastructure Diabetes Electronics IBD 50

IQQQ: Top Represented Industries & Keywords

Industries: Semiconductors Software - Application Beverages - Soft Drinks Business Services Drug Manufacturers - Major Semiconductor Equipment & Materials Specialty Retail Biotechnology Diagnostics & Research Internet Content & Information Software - Infrastructure Apparel Stores Discount Stores Diversified Industrials Electronic Gaming & Multimedia Information Technology Services Internet Content & Information Pay TV Utilities - Regulated Electric Auto & Truck Dealerships

Keywords: Nasdaq 100 S&P 500 Computing Integrated Circuits Semiconductor Mobile Devices Work From Home Smartphones Software Cloud Computing Dow Jones Component Electronics Fabless Semiconductor Companies Electronic Design Medicine Natural Gas Power Management Cloud Infrastructure Electricity Ethernet