MMLG vs. IWLG ETF Comparison

Comparison of First Trust Multi-Manager Large Growth ETF (MMLG) to IQ MacKay Municipal Insured ETF (IWLG)
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

$28.49

Average Daily Volume

17,873

Number of Holdings *

75

* may have additional holdings in another (foreign) market
IWLG

IQ MacKay Municipal Insured ETF

IWLG Description IQ MacKay Municipal Insured ETF seek long-term growth of capital by employing a bottom-up investment process while investing in companies that have the potential for above-average future earnings and cash flow growth. IQ MacKay Municipal Insured ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$45.38

Average Daily Volume

8,930

Number of Holdings *

41

* may have additional holdings in another (foreign) market
Performance
Period MMLG IWLG
30 Days 6.20% 6.34%
60 Days 14.10% 12.91%
90 Days -1.62% -0.94%
12 Months 41.04% 48.83%
26 Overlapping Holdings
Symbol Grade Weight in MMLG Weight in IWLG Overlap
AAPL C 4.58% 8.05% 4.58%
ABT C 0.32% 1.13% 0.32%
ADBE F 0.64% 2.05% 0.64%
AMZN C 6.41% 8.63% 6.41%
ASML F 1.97% 1.21% 1.21%
AVGO B 2.12% 3.77% 2.12%
BSX A 0.43% 0.98% 0.43%
CMG C 0.78% 1.79% 0.78%
GOOG B 0.57% 3.2% 0.57%
GOOGL B 2.91% 3.78% 2.91%
INTU F 0.55% 2.42% 0.55%
KKR A 0.35% 2.16% 0.35%
LLY D 1.88% 1.81% 1.81%
LRCX D 0.76% 1.66% 0.76%
MA A 1.49% 1.38% 1.38%
META A 4.69% 4.1% 4.1%
MSFT D 7.95% 11.19% 7.95%
NFLX A 2.36% 1.01% 1.01%
NOW B 4.08% 1.65% 1.65%
NVDA B 9.29% 8.58% 8.58%
ORLY A 0.64% 1.19% 0.64%
SPOT C 1.19% 2.43% 1.19%
UBER C 1.48% 1.44% 1.44%
UNH B 0.77% 1.16% 0.77%
V B 1.08% 1.43% 1.08%
WDAY D 0.41% 1.48% 0.41%
MMLG Overweight 49 Positions Relative to IWLG
Symbol Grade Weight
SHOP B 2.19%
DDOG B 1.97%
SE B 1.87%
NU D 1.74%
TEAM D 1.53%
SQ D 1.42%
IOT C 1.35%
ENTG D 1.35%
DXCM F 1.26%
RARE D 1.22%
EW F 1.15%
DASH A 1.13%
ICE A 1.11%
OKTA F 1.1%
MRK F 0.96%
FND C 0.94%
KLAC B 0.73%
RBLX D 0.72%
CRM B 0.7%
ACN B 0.65%
APH D 0.64%
MSI A 0.63%
TJX D 0.62%
SNOW F 0.6%
TXN C 0.59%
SHW C 0.56%
NET D 0.49%
EL D 0.49%
DE C 0.49%
RSG D 0.48%
CDW D 0.47%
AXP A 0.47%
LYV A 0.46%
TMO D 0.44%
STZ D 0.44%
IR A 0.44%
ACGL A 0.43%
NKE D 0.41%
TSLA C 0.4%
CB A 0.39%
RTX A 0.39%
CDNS D 0.35%
MNST D 0.34%
EQIX C 0.34%
ABNB D 0.33%
ROP D 0.32%
VEEV C 0.3%
VST A 0.28%
FANG D 0.2%
MMLG Underweight 15 Positions Relative to IWLG
Symbol Grade Weight
ISRG C -2.28%
GE B -1.69%
TT A -1.67%
MELI D -1.52%
FICO C -1.49%
ETN B -1.37%
SNPS F -1.23%
SYK C -1.12%
HD A -1.07%
WCN D -1.06%
AME C -0.96%
HLT A -0.96%
AMD C -0.48%
BKNG B -0.48%
VMC D -0.33%
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