First Trust Multi-Manager Large Growth ETF
Name
As of 09/05/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
11.8%
1 yr return
23.7%
3 Yr Avg Return
-2.2%
5 Yr Avg Return
N/A
Net Assets
$68.8 M
Holdings in Top 10
46.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.85%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 09/05/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MMLG - Profile
Distributions
- YTD Total Return 11.8%
- 3 Yr Annualized Total Return -2.2%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -0.49%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameFirst Trust Multi-Manager Large Growth ETF
-
Fund Family NameFirst Trust Advisors L.P
-
Inception DateJul 21, 2020
-
Shares Outstanding3700002
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDaniel Lindquist
Fund Description
MMLG - Performance
Return Ranking - Trailing
Period | MMLG Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 11.8% | -5.2% | 28.4% | 82.98% |
1 Yr | 23.7% | -5.1% | 44.3% | 59.68% |
3 Yr | -2.2%* | -31.7% | 21.1% | 89.33% |
5 Yr | N/A* | -13.7% | 28.4% | 64.94% |
10 Yr | N/A* | -5.0% | 18.7% | 81.75% |
* Annualized
Return Ranking - Calendar
Period | MMLG Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 45.2% | -74.1% | 72.4% | 12.37% |
2022 | -39.2% | -85.9% | 4.7% | 75.68% |
2021 | 13.2% | -52.4% | 60.5% | 33.09% |
2020 | N/A | -34.3% | 145.0% | N/A |
2019 | N/A | -21.8% | 49.4% | N/A |
Total Return Ranking - Trailing
Period | MMLG Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 11.8% | -5.2% | 28.4% | 82.98% |
1 Yr | 23.7% | -5.1% | 44.3% | 59.68% |
3 Yr | -2.2%* | -31.7% | 21.1% | 89.33% |
5 Yr | N/A* | -13.7% | 28.4% | N/A |
10 Yr | N/A* | -5.0% | 18.7% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | MMLG Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 45.2% | -4.6% | 72.4% | 18.19% |
2022 | -39.2% | -61.7% | 5.6% | 91.35% |
2021 | 13.2% | -39.8% | 118.1% | 82.44% |
2020 | N/A | 2.8% | 149.2% | N/A |
2019 | N/A | -5.2% | 49.4% | N/A |
MMLG - Holdings
Concentration Analysis
MMLG | Category Low | Category High | MMLG % Rank | |
---|---|---|---|---|
Net Assets | 68.8 M | 287 K | 287 B | 91.28% |
Number of Holdings | 78 | 2 | 3143 | 36.06% |
Net Assets in Top 10 | 30.5 M | 109 K | 151 B | 91.81% |
Weighting of Top 10 | 46.94% | 0.7% | 205.0% | 71.96% |
Top 10 Holdings
- NVIDIA Corp 9.74%
- Microsoft Corp 8.41%
- Amazon.com Inc 5.74%
- Meta Platforms Inc 4.77%
- Apple Inc 4.63%
- ServiceNow Inc 3.22%
- Alphabet Inc 2.99%
- MSILF Treasury Portfolio 2.60%
- ASML Holding NV 2.44%
- Netflix Inc 2.40%
Asset Allocation
Weighting | Return Low | Return High | MMLG % Rank | |
---|---|---|---|---|
Stocks | 97.44% | 0.00% | 115.30% | 78.36% |
Cash | 2.60% | 0.00% | 173.52% | 19.50% |
Preferred Stocks | 0.00% | 0.00% | 10.69% | 86.38% |
Other | 0.00% | -31.50% | 49.06% | 85.22% |
Convertible Bonds | 0.00% | 0.00% | 1.94% | 85.82% |
Bonds | 0.00% | 0.00% | 103.97% | 86.29% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MMLG % Rank | |
---|---|---|---|---|
Technology | 37.83% | 0.00% | 65.70% | 39.88% |
Consumer Cyclical | 17.32% | 0.00% | 62.57% | 36.93% |
Communication Services | 14.50% | 0.00% | 66.40% | 16.15% |
Healthcare | 14.16% | 0.00% | 39.76% | 35.41% |
Financial Services | 7.67% | 0.00% | 43.06% | 63.51% |
Industrials | 3.14% | 0.00% | 30.65% | 81.98% |
Real Estate | 2.87% | 0.00% | 16.05% | 17.48% |
Consumer Defense | 1.81% | 0.00% | 25.50% | 74.93% |
Basic Materials | 0.70% | 0.00% | 18.91% | 64.67% |
Utilities | 0.00% | 0.00% | 16.07% | 89.74% |
Energy | 0.00% | 0.00% | 41.09% | 92.69% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MMLG % Rank | |
---|---|---|---|---|
US | 97.44% | 0.00% | 115.30% | 65.09% |
Non US | 0.00% | 0.00% | 75.51% | 90.20% |
MMLG - Expenses
Operational Fees
MMLG Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.85% | 0.01% | 28.71% | 60.41% |
Management Fee | 0.85% | 0.00% | 1.50% | 90.94% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 16.84% |
Administrative Fee | N/A | 0.01% | 1.02% | N/A |
Sales Fees
MMLG Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 8.50% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
MMLG Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
MMLG Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 316.74% | N/A |
MMLG - Distributions
Dividend Yield Analysis
MMLG | Category Low | Category High | MMLG % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 27.58% | 91.98% |
Dividend Distribution Analysis
MMLG | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | SemiAnnual | SemiAnnual |
Net Income Ratio Analysis
MMLG | Category Low | Category High | MMLG % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.49% | -6.13% | 3.48% | 63.60% |
Capital Gain Distribution Analysis
MMLG | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
MMLG - Fund Manager Analysis
Managers
Daniel Lindquist
Start Date
Tenure
Tenure Rank
Jul 20, 2020
1.86
1.9%
Daniel J. Lindquist, CFA, was born in 1970. Mr. Lindquist earned a B.A. in Business Economics from Wheaton College and has an MBA in Finance from the University of Chicago. He has been with First Trust Advisors L.P. since 2004 and is a Managing Director. Mr. Lindquist is the Chairman of the Investment Committee and is responsible for the overall supervision of the Separate Managed Accounts.
A. Michael Sramek
Start Date
Tenure
Tenure Rank
Jul 20, 2020
1.86
1.9%
A. Michael Sramek, CFA, is a portfolio manager, Research Analyst, Senior Portfolio Manager, and Managing Director, has been with Sands Capital since 2001. Prior to joining Sands Capital, he was a Research Analyst at Mastrapasqua & Associates during 2000. Prior to obtaining his MBA in 2000, he was an Associate, Plan Sponsor Services at BARRA/Rogers Casey from 1995 to 1998.
Chris Peterson
Start Date
Tenure
Tenure Rank
Jul 20, 2020
1.86
1.9%
Chris A. Peterson, CFA was born in 1975. Mr. Peterson earned a B.S in Finance from Bradley University and has an MBA from the University of Chicago Booth School of Business with concentrations in Analytic Finance & Accounting. He has been with First Trust Advisors L.P. since 2000. As head of FTA’s Portfolio Advisor’s Strategy Research Group, Mr. Peterson shall be responsible for developing and implementing quantitative equity strategies on behalf of the Investment Committee.
Douglas McLane
Start Date
Tenure
Tenure Rank
Jul 20, 2020
1.86
1.9%
Doug is an equity portfolio manager on the Disciplined Equity Team. He manages equity assets on behalf of our clients, drawing on research from Wellington Management’s global industry analysts, equity portfolio managers, and team analysts. He currently manages the Brand Power and Disciplined Total Return Growth approaches. Additionally, he conducts fundamental analysis on equity investments, focusing on the consumer, industrials, and materials sectors. His research supports the investment decision making for a range of portfolios managed for clients of the firm. He works in our Boston office. Prior to joining Wellington Management in 2011, Doug worked as a portfolio manager at Samlyn Capital (2009 – 2011) and as an analyst at Sirios Capital Management (2003 – 2009). Before earning his MBA, he held a variety of positions at Kozmo.com (1999 – 2001) and The Carson Group (1996 – 1999). Doug earned his MBA from the Kellogg School of Management at Northwestern University (2003) and his BA in history from Princeton University (1996). Additionally, he holds the Chartered Financial Analyst designation and is a member of the CFA institute.
Jon Erickson
Start Date
Tenure
Tenure Rank
Jul 20, 2020
1.86
1.9%
Jon C. Erickson, CFA, was born in 1966. Mr. Erickson earned a B.S. in Computer Science from the University of Illinois and has an MBA from the University of Illinois in Finance. He has been with First Trust Advisors L.P. since 1994 and he is a Portfolio Manager and Senior Vice President. As the head of FTA’s Equity Research Group, Mr. Erickson shall be responsible for determining the securities to be purchased and sold by Funds that do not utilize quantitative investment strategies on behalf of the Investment Committee.
David McGarel
Start Date
Tenure
Tenure Rank
Jul 20, 2020
1.86
1.9%
David G. McGarel, CFA, was born in 1966. Mr. McGarel earned a B.S. in Accounting from the University of Notre Dame. He has been with First Trust Advisors L.P. since 1997 and he is a Managing Director, Chief Operating Officer and the Chief Investment Officer. As head of FTA’s Strategy Research Group, Mr. McGarel shall be responsible for developing and implementing quantitative investment strategies for those Funds that have investment policies that require them to follow such strategies, on behalf of the Investment Committee.
Stan Ueland
Start Date
Tenure
Tenure Rank
Jul 20, 2020
1.86
1.9%
Mr. Ueland joined First Trust Advisors as a Vice President in August 2005 and has been a Senior Vice President of First Trust and FTP since September 2012. At First Trust, he plays an important role in executing the investment strategies of each portfolio of exchange-traded funds advised by First Trust. Before joining First Trust, he was vice president of sales at BondWave LLC from May 2004 through August 2005, an account executive for Mina Capital Management LLC and Samaritan Asset Management LLC from January 2003 through May 2004, and a sales consultant at Oracle Corporation from January 1997 through January 2003.
Wesley Johnston
Start Date
Tenure
Tenure Rank
Jul 20, 2020
1.86
1.9%
Mr. Johnston, Portfolio Manager and Senior Research Analyst, has been with Sands Capital since 2004.
Thomas Trentman
Start Date
Tenure
Tenure Rank
Jul 20, 2020
1.86
1.9%
Joined Sands Capital in 2005 • Portfolio Manager, Sr. Research Analyst (2016-2020) • Portfolio Manager, Research Analyst (2011-2016) • Research Analyst (2008-2011) • Research Associate (2005-2008) Washington & Lee University • BS, Physics-Engineering (2005) • BA, Chemistry (2005)
Erik Russo
Start Date
Tenure
Tenure Rank
Dec 31, 2020
1.41
1.4%
Mr. Russo is a Vice President of First Trust. He is responsible for implementing the investment strategies of each portfolio of exchange-traded funds advised by First Trust in his role as a Portfolio Manager. Mr. Russo joined First Trust in January of 2010.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 54.45 | 8.26 | 3.08 |