MGMTvsFESCETF Comparison
VS
Ballast Small/Mid Cap ETF (MGMT) belongs to the US Multi-Factor segment. First Eagle Small Cap Equity ETF (FESC) is part of the US Small Cap segment. MGMT's top 3 sector exposures are Finance, Non-Energy Materials and Technology. In contrast, FESC's top sector exposures are Industrials, Finance and Technology. MGMT is more expensive with a Total Expense Ratio (TER) of 1.15%, versus 0.85% for FESC. Run a side-by-side ETF comparison of MGMT and FESC below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
MGMT vs FESC performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/17/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | MGMT FESC | -4.93%-6.79% | +0.40%n/a | +11.94%n/a | +13.16%n/a | +46.00%n/a | +41.43%n/a |
| Flows | MGMT FESC | -+$708K | -$6M- | -$3M- | -$10M- | +$6M- | +$81M- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | MGMT FESC | +11.54%n/a | +15.72%n/a | +18.77%n/a | +19.56%n/a |
| Max drawdown | MGMT FESC | -5.37%n/a | -12.25%n/a | -23.93%n/a | -25.20%n/a |
| Max drawdown duration | MGMT FESC | 32dn/a | 114dn/a | 262dn/a | 870dn/a |
Trading data
MGMT | FESC | |
Last sale 9/18/2026 at 1:30 PM | $49.34 | $23.00 |
| Previous close 09/17/2026 | $49.60 | $23.11 |
| Consolidated volume 09/17/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Advertisement
Main metrics
Last update 9/18/2026 at 1:30 PM
Live
Closed
MGMT | FESC | |
|---|---|---|
| Last price | $49.34 | $23.00 |
| 1D performance | -0.53% | -0.47% |
| AuM | $168.64 M | $2.77 M |
| E/R | 1.15% | 0.85% |
Characteristics
MGMT | FESC | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Ballast Asset Management | First Eagle Investments |
| Benchmark | - | - |
| N° of holdings | 55 | 183 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | December 3, 2020 | July 1, 2026 |
| ESG | No | No |
Advertisement
Exposure
Countries
MGMT
USA
93.46%
Other
6.54%
FESC
USA
92.44%
Other
7.56%
Sectors
MGMT
Finance
18.22%
Non-Energy Materi.
17.7%
Technology
15.85%
Energy
12.32%
Industrials
10.03%
Healthcare
9.26%
Other
16.61%
FESC
Industrials
15.8%
Finance
14.71%
Technology
13.98%
Non-Energy Materi.
13.56%
Healthcare
13.42%
Energy
8.36%
Other
20.17%
Advertisement
Diversification
MGMT
Total weight of top 15 holdings out of 15
41.48%
FESC
Total weight of top 15 holdings out of 15
14.62%
Top 15 holdings
Data as of July 31, 2026
MGMT
Natural Resource Partners LP
4.10%
Climb Global Solutions, Inc.
3.61%
Federal Agricultural Mortgage Corp.
3.29%
AZZ, Inc.
3.11%
Capital Bancorp, Inc. (Maryland)
2.92%
Merchants Bancorp (Indiana)
2.86%
Cavco Industries, Inc.
2.65%
Ecovyst, Inc.
2.62%
Kosmos Energy Ltd.
2.53%
The GEO Group, Inc.
2.41%
The Brink's Co.
2.37%
Consensus Cloud Solutions, Inc.
2.34%
Landstar System, Inc.
2.28%
Metallus, Inc.
2.24%
Criteo SA
2.18%
FESC
Brookdale Senior Living, Inc.
1.19%
Ameris Bancorp
1.07%
Lithia Motors, Inc.
0.98%
Old National Bancorp
0.97%
Dorian LPG Ltd.
0.97%
Installed Building Products, Inc.
0.97%
Quaker Houghton
0.96%
The Pennant Group, Inc.
0.96%
Hinge Health, Inc.
0.95%
Spectrum Brands Holdings, Inc.
0.95%
Murphy Oil Corp.
0.94%
CareDx, Inc.
0.93%
Maravai Lifesciences Holdings, Inc.
0.93%
Advanced Energy Industries, Inc.
0.92%
Remitly Global, Inc.
0.92%
Frequently asked questions about MGMT and FESC
Which ETF is bigger: MGMT or FESC?
As of September 17, 2026, MGMT holds $168.64 M in assets under management (AUM), while FESC manages $2.77 M.
What sectors do the MGMT and FESC ETFs invest in?
MGMT leans toward sectors like Finance, Non-Energy Materials and Technology. Meanwhile, FESC focuses on Industrials, Finance and Technology.
What are the top holdings of the MGMT ETF and FESC ETF?
MGMT top holdings include Natural Resource Partners LP, Climb Global Solutions, Inc. and Federal Agricultural Mortgage Corp.. FESC holds in its top three: Brookdale Senior Living, Inc., Ameris Bancorp and Lithia Motors, Inc..
Which ETF is more diversified: MGMT or FESC?
MGMT holds 55 securities with 41.48% of its assets in the top 15. FESC has 183 securities and a top 15 weight of 14.62%.
Advertisement
Advertisement
