Keep tabs on your favorite ETFs with a personalized weekly tracker. Create a Watchlist now →
MMLGvsFBCGETF Comparison
First Trust Multi-Manager Large Growth ETF (MMLG) belongs to the US Large Cap Growth segment. Fidelity Blue Chip Growth ETF (FBCG) is part of the Uncategorized Equities segment. Both ETFs have the same top 3 sector exposures: Information Technology, Communication Services and Consumer Discretionary. MMLG is more expensive with a Total Expense Ratio (TER) of 0.85%, versus 0.57% for FBCG. MMLG is down -8.37% year-to-date (YTD) with -$2M in YTD flows. FBCG performs better with -5.73% YTD performance, and +$302M in YTD flows. Run a side-by-side ETF comparison of MMLG and FBCG below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
MMLG vs FBCG performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | MMLG FBCG | -0.62%-1.60% | -8.53%-4.54% | -8.37%-5.73% | +16.12%+25.37% | +85.00%+124.52% | +33.50%+74.72% |
| Flows | MMLG FBCG | -+$98M | -$2M+$336M | -$2M+$302M | +$5M+$755M | +$13M+$3.64B | +$80M+$3.91B |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | MMLG FBCG | +19.35%+17.67% | +24.82%+26.05% | +21.26%+22.15% | +25.36%+25.74% |
| Max drawdown | MMLG FBCG | -10.56%-7.48% | -17.15%-18.50% | -26.54%-27.92% | -45.91%-43.46% |
| Max drawdown duration | MMLG FBCG | 74d58d | 43d45d | 128d160d | 1055d822d |
MMLG | FBCG | |
Last sale 3/13/2026 at 1:30 PM | $32.10 | $51.24 |
| Previous close 03/12/2026 | $32.44 | $51.72 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
MMLG | FBCG | |
|---|---|---|
| Last price | $32.10 | $51.24 |
| 1D performance | -1.06% | -0.93% |
| AuM | $81.14 M | $5.31 B |
| E/R | 0.85% | 0.57% |
MMLG | FBCG | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | First Trust | Fidelity |
| Benchmark | - | - |
| N° of holdings | 64 | 189 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | July 21, 2020 | June 2, 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 MMLG and FBCG ETFs performed in 2026?
As of March 12, 2026, MMLG is down -8.37% year-to-date (YTD), while FBCG has lost -5.73%. That puts FBCG better performer ahead so far this year.
Which ETF is attracting more investor money: MMLG or FBCG?
Year-to-date, the MMLG ETF saw -$2M in flows, compared to +$302M for FBCG.
Which ETF is more volatile: MMLG or FBCG?
Over the past year, MMLG had a volatility of 24.82%, while FBCG experienced 26.05%.
Which ETF is bigger: MMLG or FBCG?
As of March 12, 2026, MMLG holds $81.14 M in assets under management (AUM), while FBCG manages $5.31 B.
What sectors do the MMLG and FBCG ETFs invest in?
MMLG leans toward sectors like Information Technology, Communication Services and Consumer Discretionary. Meanwhile, FBCG focuses on Information Technology, Communication Services and Consumer Discretionary.
What are the top holdings of the MMLG ETF and FBCG ETF?
MMLG top holdings include NVIDIA, ALPHABET INC-CL and MICROSOFT-T. FBCG holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: MMLG or FBCG?
MMLG holds 72 securities with 60.47% of its assets in the top 15. FBCG has 213 securities and a top 15 weight of 70.14%.
Your 401(k)’s Favorite Active Mutual Fund Might Be Available as an ETF - Here’s a Look at Two of the Best
3 Famous Mutual Funds That Deserve an ETF Version
Opinion: Don't Write Off Semi-Transparent Active ETFs Just Yet
Calamos Investments Powers the Next Phase of the Autocallable Revolution
Join J.P. Morgan’s Bram Kaplan, Head of Americas Equity Derivatives Strategy and Matt Kaufman from Calamos Investments as they dive into the growing global opportunity in autocallable income—an increasingly dominant strategy within structured products, now available through ETFs.
Accepted for 1 CE Credit
