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Morningstar

First Trust Multi-Manager Large Gr ETF MMLG

Morningstar Medalist Rating
Medalist Rating as of | See First Trust Investment Hub

Morningstar’s Analysis MMLG

Will MMLG outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MMLG’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MMLG management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MMLG’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit First Trust Multi-Manager Large Gr ETF to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MMLG

More MMLG Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 45.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Microsoft Corp

8.85 5.8 Mil
Technology

Amazon.com Inc

7.78 5.1 Mil
Consumer Cyclical

NVIDIA Corp

7.37 4.9 Mil
Technology

Meta Platforms Inc Class A

4.65 3.1 Mil
Communication Services

ServiceNow Inc

3.86 2.5 Mil
Technology

Apple Inc

3.27 2.2 Mil
Technology

DexCom Inc

2.69 1.8 Mil
Healthcare

Alphabet Inc Class A

2.64 1.7 Mil
Communication Services

Visa Inc Class A

2.45 1.6 Mil
Financial Services

ASML Holding NV ADR

2.30 1.5 Mil
Technology