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MMSC vs FPX

First Trust Multi-Manager Small Cap Opportunities ETF vs First Trust US Equity Opportunities ETF

MMSC

First Trust Multi-Manager Small Cap Opportunities ETF

First Trust

Annual cost

0.95%

Fund size

$48M

FPX

First Trust US Equity Opportunities ETF

First Trust

Annual cost

0.57%

Fund size

$1.3B

Key differences

  • FPX costs 0.38% less per year.
  • FPX is significantly larger than MMSC — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, FPX has delivered higher annualized returns.
  • FPX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MMSCFPX
Annual cost (TER)0.95%0.57%
Fund size (AUM)$48M$1.3B
Since20212006
Dividend yield0.00%0.52%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+45.2%+43.6%
CAGR 3Y+22.8%+32.8%
CAGR 5YN/A+11.1%
Sharpe 3Y0.881.08
Volatility 1Y22.29%23.17%
Max drawdown-40.82%-43.14%

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

Similar to MMSC and FPX