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MMSC vs FDT

First Trust Multi-Manager Small Cap Opportunities ETF vs First Trust Developed Markets Ex-US AlphaDEX Fund

MMSC

First Trust Multi-Manager Small Cap Opportunities ETF

First Trust

Annual cost

0.95%

Fund size

$48M

FDT

First Trust Developed Markets Ex-US AlphaDEX Fund

First Trust

Annual cost

0.80%

Fund size

$1.2B

Key differences

  • FDT costs 0.15% less per year.
  • FDT is significantly larger than MMSC — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, FDT has delivered higher annualized returns.
  • FDT has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MMSCFDT
Annual cost (TER)0.95%0.80%
Fund size (AUM)$48M$1.2B
Since20212011
Dividend yield0.00%2.98%
Asset classequityequity
Regionnorth america
Strategyindex trackingindex tracking
CAGR 1Y+45.2%+55.9%
CAGR 3Y+22.8%+29.2%
CAGR 5YN/A+12.8%
Sharpe 3Y0.881.38
Volatility 1Y22.29%18.14%
Max drawdown-40.82%-46.10%

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

Similar to MMSC and FDT