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MMLG vs ILCG

First Trust Multi-Manager Large Growth ETF vs iShares Morningstar Growth ETF

MMLG

First Trust Multi-Manager Large Growth ETF

First Trust

Annual cost

0.85%

Fund size

$88M

ILCG

iShares Morningstar Growth ETF

iShares

Annual cost

0.04%

Fund size

$2.9B

Key differences

  • ILCG costs 0.81% less per year.
  • ILCG is significantly larger than MMLG — larger funds tend to be more liquid and less likely to close.
  • MMLG follows a active selection strategy; ILCG uses index tracking.
  • Over the last 3 years, ILCG has delivered higher annualized returns.
  • ILCG has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MMLGILCG
Annual cost (TER)0.85%0.04%
Fund size (AUM)$88M$2.9B
Since20202004
Dividend yield0.00%0.44%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+17.2%+29.5%
CAGR 3Y+22.7%+27.5%
CAGR 5Y+8.5%+15.0%
Sharpe 3Y0.901.16
Volatility 1Y18.13%16.38%
Max drawdown-45.97%-35.38%

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

Similar to MMLG and ILCG