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MMSC - AI Analysis
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First Trust Multi-Manager Small Cap Opportunities ETF (MMSC)
Rating:66Neutral
Price Target:
$26.00
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered solid returns so far this year, indicating strong momentum.
Sector Diversification
The fund is spread across multiple sectors, with significant exposure to Technology, Industrials, and Health Care, reducing reliance on any single industry.
Top Holdings Showing Strength
Several top holdings, such as Bloom Energy and Kratos Defense, have shown strong year-to-date performance, supporting the ETF’s overall gains.
Negative Factors
High Expense Ratio
The ETF charges a relatively high expense ratio, which can eat into investor returns over time.
Over-Concentration in U.S. Market
With over 98% of its assets in U.S. companies, the fund lacks meaningful exposure to international markets, limiting geographic diversification.
Underperforming Holdings
Some top holdings, such as Boot Barn and Varonis Systems, have lagged in performance, potentially dragging down overall returns.
MMSC vs. SPDR S&P 500 ETF (SPY)
AUM30.84M
RegionNorth America
Expense Ratio0.95%
Beta1.22
IssuerFirst Trust
Inception DateOct 13, 2021
Dividend YieldN/A
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume8,371
30 Day Avg. Volume4,096
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
27.90Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering207
MMSC Summary
The First Trust Multi-Manager Small Cap Opportunities ETF (MMSC) focuses on small-cap growth companies, which are smaller businesses with high potential for rapid expansion. It uses a multi-manager approach, meaning several experienced asset managers work together to select promising stocks. The ETF includes companies like AeroVironment and Bloom Energy, and it invests heavily in sectors such as technology and industrials. Investors might consider MMSC for its potential to grow quickly and diversify their portfolios with smaller, emerging companies. However, small-cap stocks can be more volatile than larger companies, meaning their prices can rise or fall sharply depending on market conditions.
How much will it cost me?The First Trust Multi-Manager Small Cap Opportunities ETF (Ticker: MMSC) has an expense ratio of 0.95%, meaning you’ll pay $9.50 per year for every $1,000 invested. This is higher than average because the fund is actively managed, leveraging multiple asset managers to identify growth opportunities in small-cap stocks.
What would affect this ETF?The First Trust Multi-Manager Small Cap Opportunities ETF (MMSC) could benefit from strong growth in sectors like technology and healthcare, which make up a significant portion of its holdings, especially if innovation and demand in these areas continue to rise. However, small-cap stocks are often more sensitive to economic downturns, interest rate hikes, and market volatility, which could negatively impact the ETF's performance. Additionally, regulatory changes or challenges in the U.S., where the fund is geographically focused, could also influence its future outcomes.
MMSC Top 10 Holdings
The First Trust Multi-Manager Small Cap Opportunities ETF (MMSC) is leaning heavily into growth-oriented small-cap stocks, with a strong focus on technology and industrials, which together make up over half of the fund’s sector exposure. Bloom Energy is a standout performer, surging ahead with robust earnings and strategic developments, while Planet Labs has also been rising thanks to revenue growth and backlog expansion. On the flip side, Credo Technology is showing mixed signals, with solid financials but recent dips in momentum. With its U.S.-centric portfolio, MMSC is betting on emerging leaders in dynamic industries, though some holdings face valuation concerns.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Karman Holdings Inc. | 1.95% | $596.58K | $11.35B | ― | 64 Neutral | |
| AeroVironment | 1.64% | $503.98K | $19.01B | 75.74% | 68 Neutral | |
| Fabrinet | 1.54% | $472.77K | $15.90B | 77.32% | 80 Outperform | |
| Bloom Energy | 1.46% | $446.32K | $31.62B | 1223.86% | 67 Neutral | |
| ― | 1.40% | $429.41K | ― | ― | ― | |
| Boot Barn | 1.26% | $384.94K | $5.93B | 52.71% | 77 Outperform | |
| IMPINJ | 1.19% | $365.04K | $7.04B | 26.18% | 62 Neutral | |
| Kratos Defense | 1.10% | $338.85K | $15.40B | 286.65% | 64 Neutral | |
| Irhythm Technologies | 1.09% | $332.78K | $5.95B | 144.54% | 60 Neutral | |
| Piper Sandler | 1.05% | $320.81K | $5.77B | 14.32% | 71 Outperform |
MMSC Technical Analysis
Positive
―
Price Trends
23.19
Positive
21.94
Positive
20.65
Positive
Market Momentum
0.36
Positive
55.00
Neutral
74.42
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For MMSC, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 24.03, equal to the 50-day MA of 23.19, and equal to the 200-day MA of 20.65, indicating a bullish trend. The MACD of 0.36 indicates Positive momentum. The RSI at 55.00 is Neutral, neither overbought nor oversold. The STOCH value of 74.42 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MMSC.
MMSC Peer Comparison
Comparison Results
Performance Comparison
MMSC
First Trust Multi-Manager Small Cap Opportunities ETF
24.17
3.89
19.18%
TMFS
Motley Fool Small-Cap Growth ETF
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OASC
OneAscent Small Cap Core ETF
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FSCC
Federated Hermes MDT Small Cap Core ETF
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AFSM
First Trust Active Factor Small Cap ETF
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SAWS
AAM Sawgrass US Small Cap Quality Growth ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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