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ARKWvsMMLGETF Comparison
ARK Next Generation Internet ETF (ARKW) belongs to the Next Generation Internet segment. First Trust Multi-Manager Large Growth ETF (MMLG) is part of the US Large Cap Growth segment. Both ETFs have the same top 3 sector exposures: Information Technology, Communication Services and Consumer Discretionary. ARKW is less expensive with a Total Expense Ratio (TER) of 0.76%, versus 0.85% for MMLG. ARKW is down -12.09% year-to-date (YTD) with -$211M in YTD flows. MMLG performs better with -6.37% YTD performance, and -$2M in YTD flows. Run a side-by-side ETF comparison of ARKW and MMLG below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
ARKW vs MMLG performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | ARKW MMLG | +1.01%-1.13% | -17.67%-8.57% | -12.09%-6.37% | +43.65%+21.00% | +181.16%+89.03% | -10.10%+35.47% |
| Flows | ARKW MMLG | -$49M- | -$233M-$2M | -$211M-$2M | -$432M+$2M | -$1.04B+$13M | -$3.67B+$80M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | ARKW MMLG | +34.86%+19.37% | +38.93%+24.80% | +35.45%+21.23% | +44.60%+25.34% |
| Max drawdown | ARKW MMLG | -25.43%-11.00% | -34.48%-17.15% | -34.48%-26.54% | -76.79%-45.91% |
| Max drawdown duration | ARKW MMLG | 90d90d | 153d43d | 153d128d | 1352d1055d |
ARKW | MMLG | |
Last sale 3/12/2026 at 1:30 PM | $127.08 | $32.44 |
| Previous close 03/11/2026 | $130.54 | $33.13 |
| Consolidated volume 03/11/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
ARKW | MMLG | |
|---|---|---|
| Last price | $127.08 | $32.44 |
| 1D performance | -2.65% | -2.09% |
| AuM | $1.64 B | $82.91 M |
| E/R | 0.76% | 0.85% |
ARKW | MMLG | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Ark Investment | First Trust |
| Benchmark | - | - |
| N° of holdings | 32 | 64 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 30, 2014 | July 21, 2020 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the ARKW and MMLG ETFs performed in 2026?
As of March 10, 2026, ARKW is down -12.09% year-to-date (YTD), while MMLG has lost -6.37%. That puts MMLG better performer ahead so far this year.
Which ETF is attracting more investor money: ARKW or MMLG?
Year-to-date, the ARKW ETF saw -$211M in flows, compared to -$2M for MMLG.
Which ETF is more volatile: ARKW or MMLG?
Over the past year, ARKW had a volatility of 38.93%, while MMLG experienced 24.8%.
Which ETF is bigger: ARKW or MMLG?
As of March 10, 2026, ARKW holds $1.64 B in assets under management (AUM), while MMLG manages $82.91 M.
What sectors do the ARKW and MMLG ETFs invest in?
ARKW leans toward sectors like Information Technology, Communication Services and Consumer Discretionary. Meanwhile, MMLG focuses on Information Technology, Communication Services and Consumer Discretionary.
What are the top holdings of the ARKW ETF and MMLG ETF?
ARKW top holdings include TESLA, ADVANCED MICRO DEVICES and ROKU INC. MMLG holds in its top three: NVIDIA, ALPHABET INC-CL and MICROSOFT-T.
Which ETF is more diversified: ARKW or MMLG?
ARKW holds 34 securities with 53.88% of its assets in the top 15. MMLG has 72 securities and a top 15 weight of 60.47%.
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