MMLG
First Trust Multi-Manager Large Growth ETF
MMLG is actively managed to invest in US large cap growth stocks. Stock selections are made by two portfolio managers.
US
EQUITY
Active
MANAGEMENT STYLE
$ 90.0 M
ASSETS UNDER MGMT
85 bp
EXPENSES
Fund Basics
| Inception date | Jul 21, 2020 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | Yes |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| NVIDIA CORP | 12.8 % |
| ALPHABET INC. CLASS A | 6.5 % |
| AMAZON.COM INC | 5.1 % |
| MICROSOFT CORP | 4.6 % |
| META PLATFORMS INC | 4.6 % |
| BROADCOM INC. | 4.4 % |
| APPLE INC | 4.2 % |
| US DOLLAR | 3.9 % |
| SEAGATE TECHNOLOGY HOLDINGS PLC | 2.8 % |
| TAIWAN SEMICONDUCTOR-SP ADR | 2.7 % |
Constituent Breakdown
| Number of holdings | 76 |
| Herfindahl-Hirschman Index | 398 |
| Wgt avg mkt cap (mns) | $1,587,130 |
| Large cap (>$10bn) | 94.4% |
| Mid cap ($2-10bn) | 2.2% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 93.2% |
| Emerging mkts. | 2.8% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 84.6 % |
 |
IRELAND | 2.8 % |
 |
TAIWAN | 2.7 % |
 |
CANADA | 2.0 % |
 |
LUXEMBOURG | 1.9 % |
 |
CAYMAN ISLANDS | 1.2 % |
 |
SINGAPORE | 0.9 % |
Historical Performance
Standardized Performance (as of 04/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -0.7% | 24.0% | 16.4% | 22.8% | 6.6% | -- | -- | 10.3% |
| Dividend Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | -- | -- | 0.0% |
| Total Returns | -0.7% | 24.0% | 16.4% | 22.8% | 6.6% | -- | -- | 10.4% | Ann. Volatility | 22.1% | 18.6% | 23.2% | 21.5% | 25.0% | -- | -- | 24.7% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.35 | 81% |
| MSCI EAFE | 0.78 | 37% |
| MSCI Emg Mkts | 0.68 | 46% |
Liquidity Measures
| Avg. volume (000) | 4 |
| ADV traded (mns) | $0 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.07% |
Technical Indicators
| 30d moving avg. (EMA) | $34.53 |
| Relative strength (RSI) | 61 |
| MACD/Signal | 0.75/0.73 |
| Bollinger Bands (Upper/Lower) | $36.40/$33.93 |
| Short interest (% of AUM) | 0.4% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. MMLG |
Expenses vs. MMLG |
ALTAR Score™ vs. MMLG |
|---|---|---|---|---|
| QCLR | Global X NASDAQ 100 Collar 95-110 ETF | 48.0% | -60 bp | +2.3% |
| QYLD | Global X NASDAQ 100 Covered Call ETF | 47.4% | -25 bp | +1.9% |
| QRMI | Global X NASDAQ 100 Risk Managed Income ETF | 47.4% | -25 bp | +2.1% |
| QYLG | Global X Nasdaq 100 Covered Call & Growth ETF | 46.7% | -25 bp | +1.6% |
| QTR | Global X NASDAQ 100 Tail Risk ETF | 46.1% | -59 bp | +1.8% |
| NUSI | Nationwide Nasdaq-100 Risk-Managed Income ETF | 45.8% | -17 bp | +2.0% |
| XCLR | Global X S&P 500 Collar 95-110 ETF | 44.9% | -60 bp | +2.9% |
| XRMI | Global X S&P 500 Risk Managed Income ETF | 44.8% | -25 bp | +2.8% |
| XYLD | Global X S&P 500 Covered Call ETF | 44.8% | -25 bp | +2.6% |
| XYLG | Global X S&P 500 Covered Call & Growth ETF | 44.4% | -25 bp | +2.4% |
Risk and Returns: MMLG vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 5/16/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
2.0%
ALTAR SCORE™
5th
PERCENTILE
AVOID
ETFRC RATING
There are 1,207 funds in the US Equity category with an average
ALTAR Score™ of 5.4% and a standard deviation
of 2.1%. MMLG's ALTAR Score™ is approximately -1.6 standard
deviations above the category average. This places MMLG in the 5th percentile
among funds in the category.
Sell-Side Consensus
$43.2
PRICE TARGET
+20.1%
UPSIDE