MMSCvsFSEGETF Comparison
ETF 1
MMSC
First Trust Multi-Manager Small Cap Opportunities ETF
This fund is part of
US Small Cap Growth
-0.14%
VS
First Trust Multi-Manager Small Cap Opportunities ETF (MMSC) belongs to the US Small Cap Growth segment. Fidelity Enhanced Small Cap Growth ETF (FSEG) is part of the US Multi-Factor segment. Both ETFs have the same top 3 sector exposures: Healthcare, Technology and Industrials. MMSC is more expensive with a Total Expense Ratio (TER) of 0.95%, versus 0.28% for FSEG. Run a side-by-side ETF comparison of MMSC and FSEG 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
MMSC vs FSEG performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/15/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | MMSC FSEG | -8.46%-7.52% | -5.86%-3.20% | +11.83%n/a | +17.91%n/a | +69.52%n/a | n/an/a |
| Flows | MMSC FSEG | +$3M- | +$3M+$1M | +$11M- | +$19M- | +$33M- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | MMSC FSEG | +20.35%+18.50% | +24.01%n/a | +23.01%n/a | n/an/a |
| Max drawdown | MMSC FSEG | -9.83%-8.57% | -14.05%n/a | -29.67%n/a | n/an/a |
| Max drawdown duration | MMSC FSEG | 77d78d | 84dn/a | 280dn/a | n/an/a |
Trading data
MMSC | FSEG | |
Last sale 9/17/2026 at 2:12 PM | $27.22 | $26.54 |
| Previous close 09/16/2026 | $26.75 | $26.18 |
| Consolidated volume 09/16/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Advertisement
Main metrics
Last update 9/17/2026 at 2:12 PM
Live
Closed
MMSC | FSEG | |
|---|---|---|
| Last price | $27.22 | $26.54 |
| 1D performance | +1.76% | +1.37% |
| AuM | $52.19 M | $6.55 M |
| E/R | 0.95% | 0.28% |
Characteristics
MMSC | FSEG | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | First Trust | Fidelity |
| Benchmark | - | - |
| N° of holdings | 200 | 453 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | October 14, 2021 | April 29, 2026 |
| ESG | No | No |
Advertisement
Exposure
Countries
MMSC
USA
89.5%
Other
10.5%
FSEG
USA
97.47%
Other
2.53%
Sectors
MMSC
Healthcare
26.46%
Technology
22.84%
Industrials
17.17%
Finance
10.91%
Other
22.62%
FSEG
Healthcare
29.66%
Technology
22.79%
Industrials
14.55%
Finance
11.83%
Other
21.16%
Advertisement
Diversification
MMSC
Total weight of top 15 holdings out of 15
18.2%
FSEG
Total weight of top 15 holdings out of 15
11.92%
Top 15 holdings
Data as of July 31, 2026
MMSC
Twist Bioscience Corp.
1.86%
Travere Therapeutics, Inc.
1.49%
Xometry, Inc.
1.44%
JFrog Ltd.
1.35%
Guardant Health, Inc.
1.28%
Zeta Global Holdings Corp.
1.23%
VSE Corp.
1.20%
Spyre Therapeutics, Inc.
1.19%
FirstCash Holdings, Inc.
1.18%
Praxis Precision Medicines, Inc.
1.10%
Protagonist Therapeutics, Inc.
1.02%
Karman Holdings, Inc.
0.98%
Halozyme Therapeutics, Inc.
0.96%
Ligand Pharmaceuticals, Inc.
0.96%
nLIGHT, Inc.
0.96%
FSEG
Oscar Health, Inc.
1.01%
BrightSpring Health Services, Inc.
0.92%
HealthEquity, Inc.
0.88%
Balchem Corp.
0.84%
Enova International, Inc.
0.83%
Moog, Inc.
0.81%
Clear Secure, Inc.
0.81%
Plexus Corp.
0.79%
Commvault Systems, Inc.
0.78%
Griffon Corp.
0.73%
Kodiak Gas Services, Inc.
0.73%
Installed Building Products, Inc.
0.72%
Hawkins, Inc.
0.71%
Materion Corp.
0.68%
Diebold Nixdorf, Inc.
0.68%
Frequently asked questions about MMSC and FSEG
Which ETF is bigger: MMSC or FSEG?
As of September 15, 2026, MMSC holds $52.19 M in assets under management (AUM), while FSEG manages $6.55 M.
What sectors do the MMSC and FSEG ETFs invest in?
MMSC leans toward sectors like Healthcare, Technology and Industrials. Meanwhile, FSEG focuses on Healthcare, Technology and Industrials.
What are the top holdings of the MMSC ETF and FSEG ETF?
MMSC top holdings include Twist Bioscience Corp., Travere Therapeutics, Inc. and Xometry, Inc.. FSEG holds in its top three: Oscar Health, Inc., BrightSpring Health Services, Inc. and HealthEquity, Inc..
Which ETF is more diversified: MMSC or FSEG?
MMSC holds 200 securities with 18.2% of its assets in the top 15. FSEG has 454 securities and a top 15 weight of 11.92%.
Advertisement
Advertisement
