MMLG vs. QUAL ETF Comparison

Comparison of First Trust Multi-Manager Large Growth ETF (MMLG) to iShares MSCI USA Quality Factor ETF (QUAL)

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

$30.47

Average Daily Volume

12,050

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QUAL

iShares MSCI USA Quality Factor ETF

QUAL Description

The investment seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks with quality characteristics as identified through certain fundamental metrics. The fund seeks to track the investment results of the MSCI USA Quality Index (the "underlying index"), which is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks. It generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$182.75

Average Daily Volume

893,947

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

Performance

Period	MMLG	QUAL
30 Days	5.74%	1.61%
60 Days	7.34%	2.39%
90 Days	8.66%	3.34%
12 Months	35.13%	30.86%

25 Overlapping Holdings

Symbol	Grade	Weight in MMLG	Weight in QUAL	Overlap
AAPL	C	4.57%	5.44%	4.57%
ACGL	D	0.3%	0.26%	0.26%
ADBE	C	0.64%	1.76%	0.64%
ANET	C	0.47%	0.73%	0.47%
APH	A	0.3%	0.5%	0.3%
CDNS	B	0.54%	0.58%	0.54%
CMG	B	0.75%	1.26%	0.75%
EW	C	0.3%	0.24%	0.24%
GOOGL	C	2.26%	1.77%	1.77%
KLAC	D	0.55%	0.77%	0.55%
LLY	F	1.42%	3.42%	1.42%
MA	C	1.45%	4.22%	1.45%
META	D	4.47%	4.09%	4.09%
MNST	C	0.35%	0.21%	0.21%
MSFT	F	6.68%	4.5%	4.5%
NFLX	A	2.79%	1.76%	1.76%
NKE	D	0.32%	1.41%	0.32%
NVDA	C	10.25%	6.93%	6.93%
QCOM	F	0.58%	1.15%	0.58%
SHW	A	0.55%	0.57%	0.55%
TXN	C	0.29%	1.34%	0.29%
UNH	C	0.49%	2.81%	0.49%
V	A	1.09%	4.5%	1.09%
VEEV	C	0.56%	0.16%	0.16%
VRTX	F	0.41%	0.62%	0.41%

MMLG Overweight 52 Positions Relative to QUAL

Symbol	Grade	Weight
AMZN	C	6.51%
NOW	A	3.93%
SHOP	B	2.64%
TEAM	A	2.14%
DDOG	A	2.1%
SE	B	2.06%
AVGO	D	1.98%
UBER	D	1.87%
DASH	A	1.85%
SPOT	B	1.83%
SQ	B	1.8%
DXCM	D	1.69%
NU	C	1.61%
ICE	C	1.48%
IOT	A	1.42%
NET	B	1.35%
ASML	F	1.23%
ENTG	D	1.1%
OKTA	C	1.02%
TSLA	B	0.93%
CRM	B	0.9%
RARE	D	0.83%
RBLX	C	0.79%
INTU	C	0.73%
LYV	A	0.65%
SNOW	C	0.65%
MRK	F	0.63%
ORLY	B	0.62%
IR	B	0.52%
IT	C	0.52%
AXP	A	0.48%
ARES	A	0.44%
WDAY	B	0.44%
BSX	B	0.44%
EQIX	A	0.43%
PANW	C	0.43%
PTC	A	0.4%
SPGI	C	0.4%
KKR	A	0.4%
CDW	F	0.4%
COHR	B	0.39%
BLDR	D	0.37%
MDB	C	0.36%
ABNB	C	0.32%
NDSN	B	0.31%
AMD	F	0.29%
DKNG	B	0.29%
EL	F	0.29%
HUBS	A	0.28%
PINS	D	0.21%
FANG	D	0.18%
VST	B	0.13%

MMLG Underweight 98 Positions Relative to QUAL

Symbol	Grade	Weight
COST	B	-2.55%
JNJ	D	-2.15%
TJX	A	-2.03%
ADP	B	-1.75%
CSCO	B	-1.74%
COP	C	-1.73%
ACN	C	-1.67%
GOOG	C	-1.55%
KO	D	-1.43%
CAT	B	-1.4%
AMAT	F	-1.17%
LIN	D	-1.14%
PEP	F	-1.1%
LMT	D	-1.08%
BLK	C	-0.99%
SRE	A	-0.93%
SLB	C	-0.89%
MMC	B	-0.74%
ITW	B	-0.73%
LRCX	F	-0.73%
PLD	D	-0.71%
DHI	D	-0.7%
PEG	A	-0.69%
LULU	C	-0.66%
CTAS	B	-0.6%
GWW	B	-0.59%
TPL	A	-0.58%
PSA	D	-0.55%
MCO	B	-0.53%
CME	A	-0.52%
NVR	D	-0.52%
SNPS	B	-0.51%
ZTS	D	-0.51%
ED	D	-0.5%
MMM	D	-0.5%
PAYX	C	-0.49%
DECK	A	-0.49%
GRMN	B	-0.48%
TSCO	D	-0.43%
PHM	D	-0.43%
AFL	B	-0.42%
FAST	B	-0.42%
ATO	A	-0.4%
APD	A	-0.35%
CBRE	B	-0.35%
ODFL	B	-0.34%
AMP	A	-0.33%
ULTA	F	-0.31%
IDXX	F	-0.3%
WSM	B	-0.29%
BBY	D	-0.29%
FERG	B	-0.28%
CSGP	D	-0.26%
AVB	B	-0.24%
ROK	B	-0.22%
POOL	C	-0.22%
EQT	B	-0.22%
VLTO	D	-0.21%
NTAP	C	-0.21%
MANH	D	-0.2%
EA	A	-0.2%
A	D	-0.2%
APA	D	-0.19%
TROW	B	-0.19%
MPWR	F	-0.18%
EQR	B	-0.18%
EME	C	-0.17%
RMD	C	-0.17%
LPLA	A	-0.17%
PPG	F	-0.15%
HSY	F	-0.15%
KEYS	A	-0.15%
CBOE	B	-0.14%
WAT	B	-0.13%
ROL	B	-0.12%
WSO	A	-0.12%
WST	C	-0.12%
FDS	B	-0.12%
EXPD	D	-0.12%
GGG	B	-0.11%
OMC	C	-0.1%
PKG	A	-0.1%
ERIE	D	-0.09%
RS	B	-0.09%
MOH	F	-0.09%
JKHY	D	-0.09%
AVY	D	-0.08%
PAYC	B	-0.08%
UTHR	C	-0.08%
SEIC	B	-0.07%
MKTX	D	-0.07%
ENPH	F	-0.06%
SMCI	F	-0.06%
AOS	F	-0.06%
AFG	A	-0.06%
SOLV	C	-0.05%
IPG	D	-0.05%
WBA	F	-0.03%