MMSCvsIWOETF Comparison
ETF 1
MMSC
First Trust Multi-Manager Small Cap Opportunities ETF
This fund is part of
US Small Cap Growth
+0%
VS
First Trust Multi-Manager Small Cap Opportunities ETF (MMSC) and iShares Russell 2000 Growth ETF (IWO) belong to the same industry segment: US Small Cap Growth. Both ETFs have the same top 3 sector exposures: Information Technology, Industrials and Health Care. MMSC is more expensive with a Total Expense Ratio (TER) of 0.95%, versus 0.24% for IWO. MMSC is up 19.86% year-to-date (YTD) with +$8M in YTD flows. IWO performs better with 20.69% YTD performance, and -$694M in YTD flows. Run a side-by-side ETF comparison of MMSC and IWO 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 IWO performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 06/19/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | MMSC IWO | +8.73%+9.15% | +19.13%+23.56% | +19.86%+20.69% | +45.09%+41.43% | +82.03%+66.14% | n/a+34.68% |
| Flows | MMSC IWO | --$84M | +$1M-$125M | +$8M-$694M | +$15M-$566M | +$31M-$701M | --$348M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | MMSC IWO | +28.17%+26.04% | +23.40%+22.30% | +22.71%+22.79% | n/a+24.71% |
| Max drawdown | MMSC IWO | -7.47%-6.26% | -14.05%-14.82% | -29.67%-28.47% | n/a-40.45% |
| Max drawdown duration | MMSC IWO | 13d13d | 84d84d | 280d280d | n/a1409d |
Trading data
MMSC | IWO | |
Last sale 6/18/2026 at 1:30 PM | $28.66 | $389.04 |
| Previous close 06/18/2026 | $27.97 | $380.02 |
| Consolidated volume 06/18/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of May 29, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
MMSC
is actively managed and doesn’t replicate an indexMMSC | IWO | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 6/18/2026 at 1:30 PM
Live
Closed
MMSC | IWO | |
|---|---|---|
| Last price | $28.66 | $389.04 |
| 1D performance | +2.47% | +2.37% |
| AuM | $53.06 M | $15.13 B |
| E/R | 0.95% | 0.24% |
Characteristics
MMSC | IWO | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | First Trust | iShares |
| Benchmark | - | Russell 2000 Growth Index |
| N° of holdings | 170 | 890 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | October 14, 2021 | July 24, 2000 |
| ESG | No | No |
Advertisement
Exposure
Countries
MMSC
USA
86.77%
Other
13.23%
IWO
USA
92.8%
Other
7.2%
Sectors
MMSC
Information Techn.
20.54%
Industrials
19.24%
Health Care
17.86%
Consumer Discreti.
8.3%
Other
34.06%
IWO
Information Techn.
21.84%
Industrials
21.02%
Health Care
19.04%
Consumer Discreti.
7.83%
Other
30.27%
Advertisement
Diversification
MMSC
Total weight of top 15 holdings out of 15
19.21%
IWO
Total weight of top 15 holdings out of 15
15.88%
Top 15 holdings
Data as of April 30, 2026
MMSC
BLOOM ENERGY CORP
2.46%
NLIGHT INC
1.56%
MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC
1.55%
FABRINET
1.44%
FIRSTCASH HOLDINGS INC
1.33%
PLANET LABS PBC
1.26%
CREDO TECHNOLOGY GROUP HOLDING
1.24%
LUMENTUM HOLDINGS
1.14%
VSE
1.11%
POWELL INDUSTRIES
1.10%
EZCORP CL A NV
1.03%
US74006W2070
1.01%
SOLARIS OILFIELD INFRASTRUCTURE
1.01%
TRAVERE THERAPEUTICS INC
0.99%
ENCORE CAPITAL GROUP
0.98%
IWO
BLOOM ENERGY CORP
3.64%
CREDO TECHNOLOGY GROUP HOLDING
1.65%
FABRINET
1.45%
IONQ
0.92%
STERLING INFRASTRUCTURE INC
0.90%
ADVANCED ENERGY INDUSTRIES
0.85%
US65290E1010
0.82%
MODINE MNFC CO
0.78%
SITIME CORP
0.74%
RAMBUS
0.73%
DYCOM INDUSTRIES
0.71%
VIAVI SOLUTIONS INC
0.71%
KRATOS DEFENSE AND SECURITY SOLS
0.67%
BRIDGEBIO PHARMA
0.66%
GUARDANT HEALTH INC
0.64%
Frequently asked questions about MMSC and IWO
How have the MMSC and IWO ETFs performed in 2026?
As of June 19, 2026, MMSC is up 19.86% year-to-date (YTD), while IWO has returned 20.69%. That puts IWO better performer ahead so far this year.
Which ETF is attracting more investor money: MMSC or IWO?
Year-to-date, the MMSC ETF saw +$8M in flows, compared to -$694M for IWO.
Which ETF is more volatile: MMSC or IWO?
Over the past year, MMSC had a volatility of 23.4%, while IWO experienced 22.3%.
Which ETF is bigger: MMSC or IWO?
As of June 19, 2026, MMSC holds $53.06 M in assets under management (AUM), while IWO manages $15.13 B.
What sectors do the MMSC and IWO ETFs invest in?
MMSC leans toward sectors like Information Technology, Industrials and Health Care. Meanwhile, IWO focuses on Information Technology, Industrials and Health Care.
What are the top holdings of the MMSC ETF and IWO ETF?
MMSC top holdings include BLOOM ENERGY CORP, NLIGHT INC and MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC. IWO holds in its top three: BLOOM ENERGY CORP, CREDO TECHNOLOGY GROUP HOLDING and FABRINET.
Which ETF is more diversified: MMSC or IWO?
MMSC holds 204 securities with 19.21% of its assets in the top 15. IWO has 1090 securities and a top 15 weight of 15.88%.
Advertisement
Advertisement
