MMSC vs. NSCS
Compare and contrast key facts about First Trust Multi-Manager Small Cap Opportunities ETF (MMSC) and Nuveen Small Cap Select ETF (NSCS).
MMSC and NSCS 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. NSCS is an actively managed fund by Nuveen. It was launched on Aug 4, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MMSC or NSCS.
Correlation
The correlation between MMSC and NSCS is 0.94, 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. NSCS - Performance Comparison
Key characteristics
MMSC:
1.34
NSCS:
0.99
MMSC:
1.87
NSCS:
1.51
MMSC:
1.23
NSCS:
1.18
MMSC:
0.96
NSCS:
1.37
MMSC:
7.78
NSCS:
5.51
MMSC:
3.40%
NSCS:
3.49%
MMSC:
19.83%
NSCS:
19.44%
MMSC:
-40.82%
NSCS:
-30.57%
MMSC:
-7.79%
NSCS:
-7.95%
Returns By Period
In the year-to-date period, MMSC achieves a 23.67% return, which is significantly higher than NSCS's 16.48% return.
MMSC
23.67%
-3.34%
10.35%
24.46%
N/A
N/A
NSCS
16.48%
-3.47%
12.12%
17.46%
N/A
N/A
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MMSC vs. NSCS - Expense Ratio Comparison
MMSC has a 0.95% expense ratio, which is higher than NSCS's 0.85% expense ratio.
Risk-Adjusted Performance
MMSC vs. NSCS - 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 Nuveen Small Cap Select ETF (NSCS). 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. NSCS - Dividend Comparison
Neither MMSC nor NSCS has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
MMSC First Trust Multi-Manager Small Cap Opportunities ETF | 0.00% | 0.00% | 0.00% | 0.00% |
NSCS Nuveen Small Cap Select ETF | 0.00% | 0.12% | 0.36% | 0.11% |
Drawdowns
MMSC vs. NSCS - Drawdown Comparison
The maximum MMSC drawdown since its inception was -40.82%, which is greater than NSCS's maximum drawdown of -30.57%. Use the drawdown chart below to compare losses from any high point for MMSC and NSCS. For additional features, visit the drawdowns tool.
Volatility
MMSC vs. NSCS - Volatility Comparison
First Trust Multi-Manager Small Cap Opportunities ETF (MMSC) has a higher volatility of 6.76% compared to Nuveen Small Cap Select ETF (NSCS) at 6.00%. This indicates that MMSC's price experiences larger fluctuations and is considered to be riskier than NSCS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.