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FPXvsMSSSETF Comparison

ETF 1

FPX

First Trust US Equity Opportunities ETF

This fund is part of

US Large Cap

-1.98%

Full FPX fund page

VS

ETF 2

MSSS

Monarch Select Subsector Index ETF

This fund is part of

US Multi-Factor

-1.36%

Full MSSS fund page

First Trust US Equity Opportunities ETF (FPX) belongs to the US Large Cap segment. Monarch Select Subsector Index ETF (MSSS) is part of the US Multi-Factor segment. FPX's top 3 sector exposures are Technology, Healthcare and Finance. In contrast, MSSS's top sector exposures are Healthcare, Technology and Finance. FPX is less expensive with a Total Expense Ratio (TER) of 0.61%, versus 1.42% for MSSS. FPX is up 6.32% year-to-date (YTD) with +$125M in YTD flows. MSSS performs better with 22.54% YTD performance, and +$16M in YTD flows. Run a side-by-side ETF comparison of FPX and MSSS below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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FPX vs MSSS performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 10/29/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	FPX MSSS	-2.53%+7.60%	+1.13%+3.24%	+6.32%+22.54%	+2.34%+23.60%	+129.60%n/a	+35.94%n/a
Flows	FPX MSSS	-$27M+$2M	-$53M+$7M	+$125M+$16M	+$158M+$12M	+$96M-	-$612M-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	FPX MSSS	+22.60%+12.91%	+26.63%+13.22%	+26.83%n/a	+27.27%n/a
Max drawdown	FPX MSSS	-12.55%-7.67%	-17.90%-10.24%	-30.75%n/a	-43.15%n/a
Max drawdown duration	FPX MSSS	73d75d	121d45d	125dn/a	1183dn/a

Trading data

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	FPX	MSSS
Last sale 10/30/2026 at 1:30 PM	$169.24	$36.92
Previous close 10/29/2026	$174.16	$37.03
Consolidated volume 10/29/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of September 30, 2026

1-year trailing difference

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	FPX	MSSS
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/30/2026 at 1:30 PM

Live

Closed

	FPX	MSSS
Last price	$169.24	$36.92
1D performance	-2.82%	-0.31%
AuM	$1.39 B	$157.32 M
E/R	0.61%	1.42%

Characteristics

	FPX	MSSS
Management strategy	Passive	Passive
Provider	First Trust	Monarch Fund
Benchmark	IPOX U.S. 100 Index	Monarch Select Subsector Index
N° of holdings	100	1
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	April 12, 2006	March 6, 2024
ESG	No	No

More FPX data on Trackinsight

More MSSS data on Trackinsight

Exposure

Countries

FPX

USA

90.59%

Other

9.41%

MSSS

USA

90.86%

Other

9.14%

Sectors

FPX

Technology

27.63%

Healthcare

20.83%

Finance

14.57%

Industrials

11.01%

Telecommunication.

7.8%

Other

18.16%

MSSS

Healthcare

28.21%

Technology

24.65%

Finance

18.8%

Consumer Services

11.64%

Industrials

10.1%

Other

6.6%

Diversification

FPX

Total weight of top 15 holdings out of 15

55.08%

MSSS

Total weight of top 10 holdings out of 10

99.79%

Top 15 holdings

Data as of September 30, 2026

FPX

GE Vernova, Inc.

7.76%

Sandisk Corp.

7.15%

Eli Lilly & Co.

7.10%

Space Exploration Technologies Corp.

6.15%

Seagate Technology Holdings Plc

5.64%

Lumentum Holdings, Inc.

3.07%

Warner Bros. Discovery, Inc.

3.06%

HF Sinclair Corp.

3.06%

Twilio, Inc.

2.27%

Corpay, Inc.

1.96%

The Goldman Sachs Group, Inc.

1.78%

Unity Software, Inc.

1.57%

DoorDash, Inc.

1.55%

Applovin Corp.

1.54%

Dave, Inc.

1.42%

MSSS

US78464A8624

11.62%

US81369Y8527

10.27%

US46137V7203

10.02%

US4642888105

9.96%

US4642888287

9.93%

US78464A5992

9.83%

US78464A7220

9.60%

US78464A6313

9.56%

US46138E5868

9.53%

US78464A7899

9.47%

Frequently asked questions about FPX and MSSS

How have the FPX and MSSS ETFs performed in 2026?

As of October 29, 2026, FPX is up 6.32% year-to-date (YTD), while MSSS has returned 22.54%. That puts MSSS better performer ahead so far this year.

Which ETF is attracting more investor money: FPX or MSSS?

Year-to-date, the FPX ETF saw +$125M in flows, compared to +$16M for MSSS.

Which ETF is more volatile: FPX or MSSS?

Over the past year, FPX had a volatility of 26.63%, while MSSS experienced 13.22%.

Which ETF is bigger: FPX or MSSS?

As of October 29, 2026, FPX holds $1.39 B in assets under management (AUM), while MSSS manages $157.32 M.

What sectors do the FPX and MSSS ETFs invest in?

FPX leans toward sectors like Technology, Healthcare and Finance. Meanwhile, MSSS focuses on Healthcare, Technology and Finance.

What are the top holdings of the FPX ETF and MSSS ETF?

FPX top holdings include GE Vernova, Inc., Sandisk Corp. and Eli Lilly & Co.. MSSS holds in its top three: US78464A8624, US81369Y8527 and US46137V7203.

FPXvsMSSSETF Comparison

First Trust US Equity Opportunities ETF

Monarch Select Subsector Index ETF

FPX vs MSSS performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the FPX and MSSS ETFs performed in 2026?

As of October 29, 2026, FPX is up 6.32% year-to-date (YTD), while MSSS has returned 22.54%. That puts MSSS better performer ahead so far this year.

Which ETF is attracting more investor money: FPX or MSSS?

Year-to-date, the FPX ETF saw +$125M in flows, compared to +$16M for MSSS.

Which ETF is more volatile: FPX or MSSS?

Over the past year, FPX had a volatility of 26.63%, while MSSS experienced 13.22%.

Which ETF is bigger: FPX or MSSS?

As of October 29, 2026, FPX holds $1.39 B in assets under management (AUM), while MSSS manages $157.32 M.

What sectors do the FPX and MSSS ETFs invest in?

FPX leans toward sectors like Technology, Healthcare and Finance. Meanwhile, MSSS focuses on Healthcare, Technology and Finance.

What are the top holdings of the FPX ETF and MSSS ETF?

FPX top holdings include GE Vernova, Inc., Sandisk Corp. and Eli Lilly & Co.. MSSS holds in its top three: US78464A8624, US81369Y8527 and US46137V7203.

Which ETF is more diversified: FPX or MSSS?

FPX holds 100 securities with 55.08% of its assets in the top 15. MSSS has 504 securities and a top 15 weight of 99.79%.

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