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MMLG vs FYC

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

MMLG

First Trust Multi-Manager Large Growth ETF

First Trust

Annual cost

0.85%

Fund size

$88M

FYC

First Trust Small Cap Growth AlphaDEX Fund

First Trust

Annual cost

0.70%

Fund size

$1.0B

Key differences

  • FYC costs 0.15% less per year.
  • FYC is significantly larger than MMLG — larger funds tend to be more liquid and less likely to close.
  • MMLG follows a active selection strategy; FYC uses index tracking.
  • Over the last 3 years, FYC has delivered higher annualized returns.
  • FYC has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MMLGFYC
Annual cost (TER)0.85%0.70%
Fund size (AUM)$88M$1.0B
Since20202011
Dividend yield0.00%0.07%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+17.2%+56.7%
CAGR 3Y+22.7%+27.1%
CAGR 5Y+8.5%+11.2%
Sharpe 3Y0.901.04
Volatility 1Y18.13%21.07%
Max drawdown-45.97%-47.85%

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

Similar to MMLG and FYC