MMSC vs. CBSE
Compare and contrast key facts about First Trust Multi-Manager Small Cap Opportunities ETF (MMSC) and Changebridge Capital Sustainable Equity ETF (CBSE).
MMSC and CBSE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MMSC is an actively managed fund by First Trust. It was launched on Oct 13, 2021. CBSE is an actively managed fund by Changebridge Capital LLC. It was launched on Nov 13, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MMSC or CBSE.
Correlation
The correlation between MMSC and CBSE is 0.90, 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
MMSC vs. CBSE - Performance Comparison
Key characteristics
MMSC:
1.51
CBSE:
2.51
MMSC:
2.08
CBSE:
3.19
MMSC:
1.26
CBSE:
1.43
MMSC:
1.17
CBSE:
2.37
MMSC:
7.80
CBSE:
10.97
MMSC:
3.80%
CBSE:
4.39%
MMSC:
19.72%
CBSE:
19.19%
MMSC:
-40.82%
CBSE:
-36.30%
MMSC:
-5.25%
CBSE:
0.00%
Returns By Period
In the year-to-date period, MMSC achieves a 4.00% return, which is significantly lower than CBSE's 7.25% return.
MMSC
4.00%
3.30%
11.55%
28.69%
N/A
N/A
CBSE
7.25%
8.55%
14.19%
45.70%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MMSC vs. CBSE - Expense Ratio Comparison
MMSC has a 0.95% expense ratio, which is higher than CBSE's 0.85% expense ratio.
Risk-Adjusted Performance
MMSC vs. CBSE — Risk-Adjusted Performance Rank
MMSC
CBSE
MMSC vs. CBSE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Multi-Manager Small Cap Opportunities ETF (MMSC) and Changebridge Capital Sustainable Equity ETF (CBSE). 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
MMSC vs. CBSE - Dividend Comparison
MMSC's dividend yield for the trailing twelve months is around 0.39%, while CBSE has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
MMSC First Trust Multi-Manager Small Cap Opportunities ETF | 0.39% | 0.41% | 0.00% | 0.00% |
CBSE Changebridge Capital Sustainable Equity ETF | 0.00% | 0.00% | 1.50% | 0.52% |
Drawdowns
MMSC vs. CBSE - Drawdown Comparison
The maximum MMSC drawdown since its inception was -40.82%, which is greater than CBSE's maximum drawdown of -36.30%. Use the drawdown chart below to compare losses from any high point for MMSC and CBSE. For additional features, visit the drawdowns tool.
Volatility
MMSC vs. CBSE - Volatility Comparison
The current volatility for First Trust Multi-Manager Small Cap Opportunities ETF (MMSC) is 6.41%, while Changebridge Capital Sustainable Equity ETF (CBSE) has a volatility of 8.02%. This indicates that MMSC experiences smaller price fluctuations and is considered to be less risky than CBSE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.