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MMLG
+0.38 · +1.11%
$34.81 · NYSE ARCA

First Trust Exchange-Traded Fund VIII - First Trust Multi-Manager Large Growth ETF (MMLG) ETF Analysis | Large Growth

First Trust · USA
AUM:$83.5M
#– of – in Large Growth ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Up 9.7% over the past year, showing positive momentum.

Cost Efficiency

Ongoing charge of 0.85% — above average for this category.

What is MMLG?

Under normal market conditions, the fund invests at least 80% of its net assets ( plus any borrowings for investment purposes) in equity securities issued by large capitalization companies. The fund considers large capitalization companies to be those companies with market capitalizations within the market capitalization range of the companies comprising the Russell 1000 Growth Index.

Performance Highlights

Returns (%)
Top Sectors (%)

Investment Breakdown

Positive 1-Year Return
MMLG returned 9.7% over the past year. Historical returns only — past performance is not indicative of future results.
Higher Cost Profile
Expense ratio of 0.85% is above average. Verify whether the strategy justifies the cost.
Concentrated Holdings
Top 10 holdings account for 50.3% of the ETF — significant weight in a small number of names.
ETF Information
AUM$83.5M
Expense Ratio0.85%
Dividend Yield0.00%
Holdings49
Inception DateJul 2020
Domicile–
Distribution–
Index–
ProviderFirst Trust
Beta1.38
CategoryLarge Growth
CurrencyUSD
Portfolio Impact

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Example preview
6168
+7 points · better diversified

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
+1.4%
1Y
+9.1%
3Y
+70.9%
5Y
+35.2%
OpenBook InsightIf you had invested £10,000 in MMLG 5 years ago, it would have grown to £13,519 — a gain of £3,519.

Annual Returns

Calendar year performance

MMLG delivered positive returns in 4 of the last 5 calendar years.
YearMMLG
2026 YTD+3.5%
2025+16.7%
2024+28.8%
2023+45.4%
2022-39.2%
CAGR 4yr+7.4%
4/5 positive yearsAvg return: +11.0%Worst year: -39.2% (2022)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: MIXED
Trend Strength
67%
Positive
Volatility
17.1%
Low
Momentum
+2.6%
30-day change
Support Level
35.40
Key floor
Key Insights
  • Price is consolidating, with low momentum over the recent period.
  • Monitor key support and resistance levels as part of broader risk assessment.
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