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MMSC vs FYC

First Trust Multi-Manager Small Cap Opportunities ETF vs First Trust Small Cap Growth AlphaDEX Fund

MMSC

First Trust Multi-Manager Small Cap Opportunities ETF

First Trust

Annual cost

0.95%

Fund size

$48M

FYC

First Trust Small Cap Growth AlphaDEX Fund

First Trust

Annual cost

0.70%

Fund size

$1.0B

Key differences

  • FYC costs 0.25% less per year.
  • FYC is significantly larger than MMSC — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, FYC has delivered higher annualized returns.
  • FYC has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MMSCFYC
Annual cost (TER)0.95%0.70%
Fund size (AUM)$48M$1.0B
Since20212011
Dividend yield0.00%0.07%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+45.2%+56.7%
CAGR 3Y+22.8%+27.1%
CAGR 5YN/A+11.2%
Sharpe 3Y0.881.04
Volatility 1Y22.29%21.07%
Max drawdown-40.82%-47.85%

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

Similar to MMSC and FYC