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RSBAvsMMSCETF Comparison
First Trust Multi-Manager Small Cap Opportunities ETF
Return Stacked Bonds & Merger Arbitrage ETF (RSBA) belongs to the Alternatives segment. First Trust Multi-Manager Small Cap Opportunities ETF (MMSC) is part of the US Small Cap Growth segment. RSBA's top 3 sector exposures are Health Care, Information Technology and Financials. In contrast, MMSC's top sector exposures are Health Care, Information Technology and Industrials. RSBA is more expensive with a Total Expense Ratio (TER) of 0.96%, versus 0.95% for MMSC. RSBA is down -1.07% year-to-date (YTD) with +$26M in YTD flows. MMSC performs better with -0.78% YTD performance, and +$6M in YTD flows. Run a side-by-side ETF comparison of RSBA and MMSC below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
RSBA vs MMSC performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | RSBA MMSC | -1.92%-4.16% | -0.69%-2.49% | -1.07%-0.78% | +4.53%+29.87% | n/a+66.42% | n/an/a |
| Flows | RSBA MMSC | +$1M+$3M | +$29M+$6M | +$26M+$6M | +$42M+$13M | -+$31M | -- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | RSBA MMSC | +4.07%+23.10% | +4.91%+25.85% | n/a+21.72% | n/an/a |
| Max drawdown | RSBA MMSC | -2.20%-9.75% | -2.93%-16.88% | n/a-29.67% | n/an/a |
| Max drawdown duration | RSBA MMSC | 11d49d | 78d46d | n/a280d | n/an/a |
RSBA | MMSC | |
Last sale 3/13/2026 at 1:30 PM | $20.66 | $23.60 |
| Previous close 03/12/2026 | $20.69 | $23.76 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
RSBA | MMSC | |
|---|---|---|
| Last price | $20.66 | $23.60 |
| 1D performance | -0.13% | -0.69% |
| AuM | $56.84 M | $42.74 M |
| E/R | 0.96% | 0.95% |
RSBA | MMSC | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Return Stacked ETFs | First Trust |
| Benchmark | - | - |
| N° of holdings | 8 | 172 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | December 17, 2024 | October 14, 2021 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 8 holdings out of 8
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the RSBA and MMSC ETFs performed in 2026?
As of March 12, 2026, RSBA is down -1.07% year-to-date (YTD), while MMSC has lost -0.78%. That puts MMSC better performer ahead so far this year.
Which ETF is attracting more investor money: RSBA or MMSC?
Year-to-date, the RSBA ETF saw +$26M in flows, compared to +$6M for MMSC.
Which ETF is more volatile: RSBA or MMSC?
Over the past year, RSBA had a volatility of 4.91%, while MMSC experienced 25.85%.
Which ETF is bigger: RSBA or MMSC?
As of March 12, 2026, RSBA holds $56.84 M in assets under management (AUM), while MMSC manages $42.74 M.
What sectors do the RSBA and MMSC ETFs invest in?
RSBA leans toward sectors like Health Care, Information Technology and Financials. Meanwhile, MMSC focuses on Health Care, Information Technology and Industrials.
What are the top holdings of the RSBA ETF and MMSC ETF?
RSBA top holdings include BRIGHTHOUSE FINANCIAL, PENUMBRA and CHART INDUSTRIES. MMSC holds in its top three: MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC, VSE and FABRINET.
Which ETF is more diversified: RSBA or MMSC?
RSBA has 8 securities. MMSC has 197 securities and a top 15 weight of 18.21%.
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