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MMSC vs AFMC

First Trust Multi-Manager Small Cap Opportunities ETF vs First Trust Active Factor Mid Cap ETF

MMSC

First Trust Multi-Manager Small Cap Opportunities ETF

First Trust

Annual cost

0.95%

Fund size

$48M

AFMC

First Trust Active Factor Mid Cap ETF

First Trust

Annual cost

0.68%

Fund size

$153M

Key differences

  • AFMC costs 0.27% less per year.
  • AFMC is significantly larger than MMSC — larger funds tend to be more liquid and less likely to close.
  • MMSC follows a index tracking strategy; AFMC uses active selection.
  • Over the last 3 years, MMSC has delivered higher annualized returns.

Side-by-side comparison

MMSCAFMC
Annual cost (TER)0.95%0.68%
Fund size (AUM)$48M$153M
Since20212019
Dividend yield0.00%0.81%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+45.2%+27.2%
CAGR 3Y+22.8%+20.8%
CAGR 5YN/A+10.2%
Sharpe 3Y0.880.96
Volatility 1Y22.29%14.96%
Max drawdown-40.82%-42.14%

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

Similar to MMSC and AFMC