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MMSC vs FELC

First Trust Multi-Manager Small Cap Opportunities ETF vs Fidelity Enhanced Large Cap Core ETF

MMSC

First Trust Multi-Manager Small Cap Opportunities ETF

First Trust

Annual cost

0.95%

Fund size

$48M

FELC

Fidelity Enhanced Large Cap Core ETF

Fidelity Investments

Annual cost

0.18%

Fund size

$7.0B

Key differences

  • FELC costs 0.77% less per year.
  • FELC is significantly larger than MMSC — larger funds tend to be more liquid and less likely to close.
  • MMSC follows a index tracking strategy; FELC uses active selection.
  • FELC has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MMSCFELC
Annual cost (TER)0.95%0.18%
Fund size (AUM)$48M$7.0B
Since20212007
Dividend yield0.00%0.90%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+45.2%+29.4%
CAGR 3Y+22.8%N/A
CAGR 5YN/AN/A
Sharpe 3Y0.88N/A
Volatility 1Y22.29%12.06%
Max drawdown-40.82%-18.59%

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

Similar to MMSC and FELC