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FNY vs MMLG

First Trust Mid Cap Growth AlphaDEX Fund vs First Trust Multi-Manager Large Growth ETF

FNY

First Trust Mid Cap Growth AlphaDEX Fund

First Trust

Annual cost

0.73%

Fund size

$518M

MMLG

First Trust Multi-Manager Large Growth ETF

First Trust

Annual cost

0.85%

Fund size

$88M

Key differences

  • FNY costs 0.12% less per year.
  • FNY is significantly larger than MMLG — larger funds tend to be more liquid and less likely to close.
  • FNY follows a index tracking strategy; MMLG uses active selection.
  • Over the last 3 years, MMLG has delivered higher annualized returns.
  • FNY has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FNYMMLG
Annual cost (TER)0.73%0.85%
Fund size (AUM)$518M$88M
Since20112020
Dividend yield0.03%0.00%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+31.0%+17.2%
CAGR 3Y+20.1%+22.7%
CAGR 5Y+9.2%+8.5%
Sharpe 3Y0.820.90
Volatility 1Y19.81%18.13%
Max drawdown-38.91%-45.97%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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