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MMLG vs IWF

First Trust Multi-Manager Large Growth ETF vs iShares Russell 1000 Growth ETF

MMLG

First Trust Multi-Manager Large Growth ETF

First Trust

Annual cost

0.85%

Fund size

$88M

IWF

iShares Russell 1000 Growth ETF

iShares

Annual cost

0.18%

Fund size

$124.7B

Key differences

  • IWF costs 0.67% less per year.
  • IWF is significantly larger than MMLG — larger funds tend to be more liquid and less likely to close.
  • MMLG follows a active selection strategy; IWF uses index tracking.
  • Over the last 3 years, IWF has delivered higher annualized returns.
  • IWF has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MMLGIWF
Annual cost (TER)0.85%0.18%
Fund size (AUM)$88M$124.7B
Since20202000
Dividend yield0.00%0.35%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+17.2%+27.5%
CAGR 3Y+22.7%+26.4%
CAGR 5Y+8.5%+15.5%
Sharpe 3Y0.901.13
Volatility 1Y18.13%15.55%
Max drawdown-45.97%-32.72%

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

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