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First Trust Multi-Manager Small Cap Opportunities ...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US33740U7946

Inception Date

Oct 13, 2021

Region

North America (U.S.)

Leveraged

1x

Index Tracked

No Index (Active)

Asset Class

Equity

Asset Class Size

Small-Cap

Asset Class Style

Growth

Expense Ratio

MMSC has a high expense ratio of 0.95%, indicating above-average management fees.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart


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Returns By Period

First Trust Multi-Manager Small Cap Opportunities ETF (MMSC) returned -5.67% year-to-date (YTD) and 0.40% over the past 12 months.


MMSC

YTD

-5.67%

1M

12.70%

6M

-7.41%

1Y

0.40%

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

1.30%

1M

12.79%

6M

1.49%

1Y

12.35%

5Y*

15.12%

10Y*

10.89%

*Annualized

Monthly Returns

The table below presents the monthly returns of MMSC, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20253.96%-8.77%-7.57%1.05%6.50%-5.67%
20240.99%10.81%2.48%-6.05%5.05%0.15%2.43%1.87%2.13%-1.07%11.35%-8.17%22.19%
20237.46%-0.71%-1.45%-1.07%-0.04%8.35%2.86%-1.43%-6.15%-6.61%9.41%8.44%18.76%
2022-16.71%0.99%-0.01%-11.31%-2.33%-8.35%10.14%-0.60%-7.47%8.93%0.30%-6.61%-30.98%
20214.08%-3.08%0.13%1.01%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of MMSC is 17, meaning it’s performing worse than 83% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of MMSC is 1717
Overall Rank
The Sharpe Ratio Rank of MMSC is 1717
Sharpe Ratio Rank
The Sortino Ratio Rank of MMSC is 1818
Sortino Ratio Rank
The Omega Ratio Rank of MMSC is 1818
Omega Ratio Rank
The Calmar Ratio Rank of MMSC is 1717
Calmar Ratio Rank
The Martin Ratio Rank of MMSC is 1616
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for First Trust Multi-Manager Small Cap Opportunities ETF (MMSC) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

First Trust Multi-Manager Small Cap Opportunities ETF Sharpe ratios as of May 17, 2025 (values are recalculated daily):

  • 1-Year: 0.02
  • All Time: -0.05

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of First Trust Multi-Manager Small Cap Opportunities ETF compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


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Dividends

Dividend History

First Trust Multi-Manager Small Cap Opportunities ETF provided a 0.44% dividend yield over the last twelve months, with an annual payout of $0.09 per share.


0.41%$0.00$0.02$0.04$0.06$0.082024
Dividends
Dividend Yield
PeriodTTM2024
Dividend$0.09$0.09

Dividend yield

0.44%0.41%

Monthly Dividends

The table displays the monthly dividend distributions for First Trust Multi-Manager Small Cap Opportunities ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.00$0.00$0.00$0.00
2024$0.09$0.09

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the First Trust Multi-Manager Small Cap Opportunities ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the First Trust Multi-Manager Small Cap Opportunities ETF was 40.82%, occurring on Jun 16, 2022. Recovery took 604 trading sessions.

The current First Trust Multi-Manager Small Cap Opportunities ETF drawdown is 14.07%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-40.82%Nov 9, 2021152Jun 16, 2022604Nov 11, 2024756
-29.76%Dec 5, 202484Apr 8, 2025
-6.13%Nov 12, 20244Nov 15, 20246Nov 25, 202410
-1.38%Oct 26, 20212Oct 27, 20211Oct 28, 20213
-0.62%Nov 27, 20241Nov 27, 20241Nov 29, 20242

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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