MMSC vs. BTEC ETF Comparison

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

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

$18.88

Average Daily Volume

8,329

Number of Holdings ^*

175

* may have additional holdings in another (foreign) market

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

$36.90

Average Daily Volume

6,133

Number of Holdings ^*

245

* may have additional holdings in another (foreign) market

Performance

Period	MMSC	BTEC
30 Days	-1.75%	0.00%
60 Days	-2.57%	-5.02%
90 Days	7.07%	2.10%
12 Months	28.08%	2.59%

18 Overlapping Holdings

Symbol	Grade	Weight in MMSC	Weight in BTEC	Overlap
APLS	F	0.16%	1.22%	0.16%
ATEC	D	0.26%	0.41%	0.26%
AZTA	D	0.46%	0.64%	0.46%
BLFS	B	0.2%	0.2%	0.2%
BPMC	A	0.25%	1.4%	0.25%
CRNX	A	0.96%	0.79%	0.79%
GKOS	A	0.74%	1.11%	0.74%
INSP	B	0.46%	1.58%	0.46%
IOVA	D	0.11%	0.77%	0.11%
IRTC	C	0.42%	0.74%	0.42%
ITCI	C	0.22%	1.45%	0.22%
MDGL	D	0.15%	0.92%	0.15%
NTRA	A	0.8%	2.39%	0.8%
NUVL	D	0.34%	0.91%	0.34%
PCVX	D	0.85%	1.48%	0.85%
RARE	D	0.26%	0.77%	0.26%
TMDX	A	0.95%	0.9%	0.9%
TNDM	A	0.62%	0.53%	0.53%

MMSC Overweight 157 Positions Relative to BTEC

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

MMSC Underweight 227 Positions Relative to BTEC

Symbol	Grade	Weight
MRNA	B	-3.7%
ALNY	D	-3.16%
ILMN	F	-2.84%
SRPT	B	-2.58%
EXAS	F	-2.31%
CTLT	C	-2.15%
VKTX	C	-1.75%
CERE	A	-1.64%
ELAN	D	-1.41%
CYTK	D	-1.41%
RVMD	A	-1.38%
IONS	F	-1.34%
BBIO	F	-1.09%
ALPN	A	-0.93%
IMVT	F	-0.9%
INSM	D	-0.82%
AXSM	C	-0.76%
JANX	A	-0.72%
PRCT	A	-0.69%
SWTX	D	-0.69%
FOLD	F	-0.67%
IDYA	D	-0.67%
ARWR	F	-0.65%
ENOV	F	-0.62%
SMMT	C	-0.62%
ACLX	D	-0.61%
TXG	F	-0.6%
CLDX	C	-0.58%
PTCT	B	-0.57%
TGTX	C	-0.56%
RYTM	C	-0.54%
VERA	C	-0.53%
NARI	F	-0.53%
ICUI	F	-0.52%
VCEL	C	-0.51%
DNLI	F	-0.51%
KYMR	D	-0.49%
NTLA	F	-0.49%
RXST	A	-0.49%
SANA	C	-0.48%
ARVN	D	-0.48%
GERN	B	-0.48%
DYN	D	-0.47%
DCPH	A	-0.47%
KROS	D	-0.45%
RCKT	D	-0.45%
RNA	A	-0.45%
AGIO	A	-0.44%
BEAM	F	-0.41%
RXRX	F	-0.41%
TWST	B	-0.41%
SNDX	D	-0.41%
EWTX	B	-0.4%
MYGN	D	-0.39%
ARDX	C	-0.36%
INBX	D	-0.36%
ADMA	A	-0.35%
DAWN	A	-0.35%
KURA	D	-0.35%
PTGX	D	-0.34%
VCYT	D	-0.34%
NVCR	D	-0.34%
XNCR	C	-0.33%
RCUS	F	-0.32%
MORF	F	-0.32%
AKRO	F	-0.31%
FDMT	D	-0.3%
TARS	C	-0.3%
CGEM	A	-0.29%
MIRM	D	-0.28%
VIR	C	-0.28%
SRRK	C	-0.27%
MRVI	C	-0.27%
PRTA	F	-0.27%
TYRA	C	-0.24%
ATRC	F	-0.24%
MGNX	D	-0.23%
SAVA	B	-0.23%
LQDA	D	-0.23%
ARQT	D	-0.23%
EYPT	D	-0.23%
ALXO	B	-0.22%
SPRY	C	-0.22%
BCRX	F	-0.22%
AVNS	D	-0.22%
RLAY	F	-0.22%
VRDN	F	-0.21%
ELVN	B	-0.21%
CTKB	F	-0.2%
EOLS	D	-0.2%
OCUL	D	-0.2%
CYRX	D	-0.2%
AUPH	F	-0.19%
KIDS	B	-0.19%
YMAB	C	-0.19%
COGT	C	-0.19%
KNSA	C	-0.19%
LBPH	B	-0.19%
FNA	D	-0.19%
PLRX	F	-0.19%
RGNX	F	-0.19%
ETNB	F	-0.19%
WVE	C	-0.18%
ANAB	B	-0.18%
SILK	B	-0.18%
SAGE	F	-0.18%
ZNTL	F	-0.18%
NVAX	D	-0.17%
HLVX	D	-0.17%
ARCT	F	-0.17%
SIGA	A	-0.17%
NUVB	B	-0.17%
LYEL	C	-0.16%
TMCI	F	-0.16%
SVRA	D	-0.16%
PRME	F	-0.16%
IRON	F	-0.16%
MLYS	D	-0.16%
PHAT	C	-0.15%
CABA	F	-0.15%
HUMA	B	-0.15%
SIBN	F	-0.15%
ORIC	D	-0.15%
NRIX	D	-0.15%
QTRX	F	-0.15%
SRDX	C	-0.14%
KALV	D	-0.14%
OABI	D	-0.14%
AVTE	D	-0.14%
OLMA	F	-0.14%
CDMO	B	-0.14%
CDNA	C	-0.13%
PEPG	C	-0.13%
URGN	F	-0.13%
OFIX	F	-0.13%
LRMR	D	-0.13%
ABUS	D	-0.13%
NKTX	D	-0.13%
ALEC	F	-0.13%
THRD	B	-0.13%
ANIK	A	-0.12%
ZIMV	D	-0.12%
EDIT	F	-0.12%
PLSE	D	-0.12%
TVTX	F	-0.12%
TRDA	D	-0.12%
VYGR	D	-0.12%
ALLO	F	-0.12%
TBPH	C	-0.12%
HRTX	D	-0.11%
MRSN	D	-0.11%
NVRO	F	-0.11%
REPL	F	-0.11%
LXRX	D	-0.11%
AURA	D	-0.11%
ITOS	C	-0.11%
PACB	F	-0.11%
BMEA	F	-0.11%
CELC	D	-0.11%
VERV	F	-0.11%
ADPT	F	-0.11%
CRMD	B	-0.1%
ERAS	D	-0.1%
PGEN	D	-0.1%
ALT	D	-0.1%
FATE	D	-0.1%
TNYA	D	-0.1%
HROW	F	-0.1%
RVNC	F	-0.1%
LUNG	D	-0.1%
AVXL	F	-0.09%
VTYX	F	-0.09%
ALDX	C	-0.09%
CRBU	F	-0.09%
MGTX	F	-0.09%
CERS	F	-0.09%
IGMS	C	-0.09%
TERN	F	-0.09%
ANNX	D	-0.09%
MCRB	D	-0.08%
CDXS	C	-0.08%
CHRS	F	-0.08%
INZY	D	-0.08%
XERS	F	-0.08%
TSVT	D	-0.08%
OMER	C	-0.08%
ANGO	C	-0.08%
PSTX	D	-0.08%
ATNM	C	-0.08%
ENTA	C	-0.08%
RAPT	F	-0.08%
AKYA	F	-0.07%
OM	D	-0.07%
QSI	C	-0.07%
STRO	F	-0.07%
EBS	C	-0.07%
AXGN	F	-0.07%
MACK	B	-0.07%
FENC	D	-0.07%
BLUE	F	-0.06%
BCAB	C	-0.06%
BFLY	F	-0.06%
INGN	D	-0.06%
XFOR	D	-0.06%
KOD	D	-0.06%
CUTR	D	-0.06%
SCPH	F	-0.06%
RCEL	F	-0.06%
RIGL	D	-0.06%
ALLK	F	-0.05%
KPTI	F	-0.05%
ACRS	D	-0.05%
ARAY	F	-0.05%
CVRX	F	-0.05%
PDSB	F	-0.05%
PMVP	D	-0.05%
OMGA	F	-0.05%
MURA	F	-0.04%
EYEN	F	-0.04%
FGEN	F	-0.04%
ACET	F	-0.04%
SGMO	F	-0.04%
BTAI	F	-0.04%
ATRA	F	-0.04%
GRTS	F	-0.03%
GNLX	F	-0.03%
MRNS	F	-0.02%