MMLG vs. VGT
Compare and contrast key facts about First Trust Multi-Manager Large Growth ETF (MMLG) and Vanguard Information Technology ETF (VGT).
MMLG and VGT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MMLG is an actively managed fund by First Trust. It was launched on Jul 21, 2020. VGT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Information Technology 25/50 Index. It was launched on Jan 26, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MMLG or VGT.
Correlation
The correlation between MMLG and VGT is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
MMLG vs. VGT - Performance Comparison
Key characteristics
MMLG:
1.22
VGT:
1.20
MMLG:
1.70
VGT:
1.65
MMLG:
1.22
VGT:
1.22
MMLG:
1.56
VGT:
1.76
MMLG:
6.17
VGT:
6.12
MMLG:
3.72%
VGT:
4.39%
MMLG:
18.83%
VGT:
22.30%
MMLG:
-45.97%
VGT:
-54.63%
MMLG:
-2.13%
VGT:
-0.88%
Returns By Period
In the year-to-date period, MMLG achieves a 7.29% return, which is significantly higher than VGT's 3.17% return.
MMLG
7.29%
3.53%
17.07%
25.30%
N/A
N/A
VGT
3.17%
1.41%
12.88%
29.47%
20.41%
20.64%
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MMLG vs. VGT - Expense Ratio Comparison
MMLG has a 0.85% expense ratio, which is higher than VGT's 0.10% expense ratio.
Risk-Adjusted Performance
MMLG vs. VGT — Risk-Adjusted Performance Rank
MMLG
VGT
MMLG vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Multi-Manager Large Growth ETF (MMLG) and Vanguard Information Technology ETF (VGT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
MMLG vs. VGT - Dividend Comparison
MMLG has not paid dividends to shareholders, while VGT's dividend yield for the trailing twelve months is around 0.58%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MMLG First Trust Multi-Manager Large Growth ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VGT Vanguard Information Technology ETF | 0.58% | 0.60% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% |
Drawdowns
MMLG vs. VGT - Drawdown Comparison
The maximum MMLG drawdown since its inception was -45.97%, smaller than the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for MMLG and VGT. For additional features, visit the drawdowns tool.
Volatility
MMLG vs. VGT - Volatility Comparison
The current volatility for First Trust Multi-Manager Large Growth ETF (MMLG) is 5.36%, while Vanguard Information Technology ETF (VGT) has a volatility of 7.64%. This indicates that MMLG experiences smaller price fluctuations and is considered to be less risky than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.