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FPX vs MMSC

First Trust US Equity Opportunities ETF vs First Trust Multi-Manager Small Cap Opportunities ETF

FPX

First Trust US Equity Opportunities ETF

First Trust

Annual cost

0.57%

Fund size

$1.3B

MMSC

First Trust Multi-Manager Small Cap Opportunities ETF

First Trust

Annual cost

0.95%

Fund size

$48M

Key differences

  • FPX costs 0.38% less per year.
  • FPX is significantly larger than MMSC — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, FPX has delivered higher annualized returns.
  • FPX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FPXMMSC
Annual cost (TER)0.57%0.95%
Fund size (AUM)$1.3B$48M
Since20062021
Dividend yield0.52%0.00%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+43.6%+45.2%
CAGR 3Y+32.8%+22.8%
CAGR 5Y+11.1%N/A
Sharpe 3Y1.080.88
Volatility 1Y23.17%22.29%
Max drawdown-43.14%-40.82%

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

Similar to FPX and MMSC