MMSC vs. PINK ETF Comparison

Comparison of First Trust Multi-Manager Small (MMSC) to Simplify Health Care ETF (PINK)

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

$19.12

Average Daily Volume

7,836

Number of Holdings ^*

174

* may have additional holdings in another (foreign) market

PINK

Simplify Health Care ETF

PINK Description

Simplify Exchange Traded Funds - Simplify Health Care ETF seeks long-term capital appreciation. Under normal circumstances, the fund will invest at least 80% of its assets (plus any borrowings for investment purposes) in securities of U.S. health care companies. The fund adviser defines health care companies as companies included in the Global Industry Classification Standard health care sector. The fund will typically invest in 50 – 100 health care companies. The adviser generally seeks investments in companies that are developing new and effective medicines, as well as companies whose business models reduce costs or improve quality in health care systems.

Grade (RS Rating)

Last Trade

$31.52

Average Daily Volume

67,709

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MMSC	PINK
30 Days	-2.39%	6.73%
60 Days	2.87%	8.68%
90 Days	-1.77%	2.10%
12 Months	22.98%	21.04%

6 Overlapping Holdings

Symbol	Grade	Weight in MMSC	Weight in PINK	Overlap
INSM	A	0.06%	5.48%	0.06%
ITCI	B	0.22%	0.95%	0.22%
LIVN	C	0.41%	0.4%	0.4%
NTRA	B	1.02%	1.03%	1.02%
RARE	F	0.22%	0.94%	0.22%
TECH	C	0.42%	0.27%	0.27%

MMSC Overweight 168 Positions Relative to PINK

Symbol	Grade	Weight
ONTO	B	1.93%
BRBR	C	1.89%
AXON	D	1.78%
CYBR	B	1.73%
TMDX	B	1.4%
WING	B	1.29%
CRNX	D	1.2%
AVAV	C	1.14%
FTI	C	1.09%
MEG	B	1.02%
PCVX	B	1.02%
MANH	B	0.93%
TNDM	C	0.89%
SMCI	C	0.88%
HQY	B	0.86%
SGBX	F	0.84%
SPSC	B	0.84%
CELH	F	0.83%
GKOS	B	0.82%
FRPT	B	0.82%
KTOS	C	0.8%
BROS	A	0.78%
PLMR	D	0.76%
XENE	F	0.74%
ENV	C	0.74%
RBC	C	0.74%
AZEK	D	0.73%
RYAN	B	0.72%
PIPR	A	0.72%
ELF	B	0.72%
MOD	C	0.7%
HEI	A	0.68%
COHR	B	0.68%
MNDY	C	0.67%
AAON	C	0.67%
MMS	B	0.67%
KNSL	F	0.64%
FCN	C	0.64%
HALO	A	0.64%
FSS	D	0.63%
NTNX	C	0.63%
GWRE	A	0.62%
MGY	C	0.6%
EZPW	D	0.6%
APG	B	0.59%
EXEL	B	0.59%
VRNS	C	0.59%
ACHC	D	0.58%
VRT	C	0.57%
TTEK	B	0.56%
CRDO	A	0.56%
CVNA	A	0.56%
KMPR	D	0.56%
ICFI	C	0.55%
CW	B	0.55%
TROX	C	0.55%
MRUS	B	0.54%
CR	B	0.54%
DUOL	B	0.53%
BCPC	B	0.52%
TREX	F	0.52%
LGND	C	0.51%
SITE	F	0.5%
SWN	D	0.5%
SFM	A	0.5%
FIX	C	0.5%
BPMC	B	0.5%
CNM	D	0.49%
MEDP	B	0.49%
AZTA	C	0.49%
ICLR	B	0.48%
HCI	D	0.48%
UEC	F	0.48%
PRO	D	0.47%
BFAM	C	0.47%
ECPG	F	0.47%
SUPN	F	0.47%
ITGR	D	0.46%
TDW	D	0.45%
PSTG	C	0.45%
ANF	C	0.45%
WFRD	C	0.45%
ESTC	C	0.44%
APPF	B	0.44%
MTDR	D	0.43%
OSCR	D	0.43%
KNF	C	0.43%
HUBG	B	0.42%
AIT	C	0.42%
ERJ	C	0.42%
PZZA	F	0.42%
SAIA	B	0.42%
MTSI	B	0.41%
RGEN	F	0.4%
VIRT	C	0.4%
IRTC	C	0.4%
GMED	A	0.4%
NEOG	C	0.39%
TENB	D	0.39%
VSEC	A	0.39%
STRL	C	0.39%
NUVL	B	0.39%
ASPN	C	0.36%
VECO	B	0.36%
CHEF	A	0.36%
WHD	B	0.35%
RVLV	F	0.35%
FN	B	0.35%
POWI	D	0.35%
SKWD	C	0.35%
GLOB	C	0.34%
SMTC	D	0.34%
ZWS	D	0.33%
BMI	C	0.33%
EVR	B	0.33%
CGNX	B	0.33%
AMRC	C	0.33%
HSTM	B	0.33%
LASR	F	0.32%
PCRX	D	0.32%
IBP	D	0.32%
MSA	C	0.32%
MOG.A	C	0.31%
RPD	D	0.31%
FIVE	F	0.31%
LNN	D	0.31%
ATI	D	0.3%
ALTR	B	0.3%
ASO	F	0.29%
VERX	B	0.29%
KRYS	B	0.28%
EME	B	0.28%
LSCC	F	0.27%
INTA	C	0.27%
KFY	B	0.27%
SLAB	F	0.27%
SKY	D	0.26%
BLFS	B	0.26%
MKTX	F	0.26%
RMBS	F	0.26%
TOST	C	0.26%
QLYS	D	0.25%
LOPE	D	0.25%
FIVN	F	0.25%
AEO	C	0.23%
GTLS	C	0.23%
WAL	C	0.21%
RXST	D	0.21%
FWRG	F	0.2%
EVER	D	0.2%
TYL	B	0.2%
KRNT	F	0.2%
SDGR	F	0.19%
DNUT	F	0.18%
WIX	C	0.18%
RBRK	D	0.17%
ITRI	C	0.17%
AMBA	C	0.16%
CUBI	C	0.15%
PODD	B	0.14%
RYTM	B	0.14%
GPOR	D	0.14%
QNST	D	0.13%
PSN	B	0.13%
CIVI	D	0.12%
MAX	D	0.11%
KYMR	D	0.07%
IOVA	D	0.07%

MMSC Underweight 40 Positions Relative to PINK

Symbol	Grade	Weight
SRPT	B	-10.39%
LLY	A	-7.17%
UNH	D	-6.77%
BSX	A	-4.61%
MRK	A	-4.56%
PCT	C	-4.21%
NVO	A	-4.09%
MASI	B	-3.59%
TMO	D	-3.58%
ISRG	A	-3.5%
REGN	A	-2.8%
MMM	B	-2.66%
JNJ	F	-2.64%
NBIX	C	-2.36%
ELV	B	-2.15%
AVTR	D	-2.01%
HUM	C	-1.57%
CI	C	-1.28%
FULC	F	-1.26%
RPRX	D	-1.18%
IQV	D	-0.96%
ASND	C	-0.92%
ABT	C	-0.66%
EXAS	F	-0.61%
ESTA	D	-0.52%
BMRN	C	-0.52%
AKRO	C	-0.48%
THC	B	-0.48%
ARGX	B	-0.42%
HCA	A	-0.37%
SNDX	D	-0.37%
SYK	B	-0.29%
VEEV	D	-0.26%
DHR	C	-0.25%
BIIB	C	-0.25%
HSIC	D	-0.19%
ZBH	D	-0.18%
VLTO	B	-0.03%
BMY	D	-0.02%
EMBC	C	-0.01%