MMSC First Trust Multi-Manager Small Cap Opportunities ETF
Issuer
First Trust
Inception
Oct 13, 2021
AUM
$51.4M
Expense ratio
0.95%
Yield
—
Asset class
Small/Micro Cap Equity
Holdings
190
Last price
$26.34
This Exchange Traded Fund (ETF) aims to achieve significant long-term appreciation in its capital. Under typical market circumstances, it allocates a minimum of 80% of its total assets, potentially including funds borrowed for investment, to equity securities issued by smaller companies. These small-capitalization firms are defined as those whose market value, at the time of initial investment, falls within the range of companies comprising the Russell 2000 Growth Index as established during its most recent rebalancing. The fund's holdings are primarily composed of common shares from corporations headquartered in the United States, in addition to non-U.S. companies whose stocks are principally traded on U.S. exchanges. Through a multi-manager strategy, the ETF endeavors to access the growth-oriented portion of the small-cap equity market by integrating the expertise of various portfolio management teams.
+15.5%
2025-11-13low 22.18 · high 29.562026-11-13
Performance
| 1M | 3M | YTD | 1Y | 3Y ann. | 5Y ann. | |
|---|---|---|---|---|---|---|
| MMSC | +2.5% | -10.0% | +10.0% | +15.5% | +19.5% | +3.5% |
| Small/Micro Cap Equity average (23 funds) | +1.8% | -6.4% | +14.7% | +18.8% | +16.1% | +5.1% |
Insider activity in the holdings
Open-market insider buying across this fund’s holdings over 90 days, weighted by holding weight: +$21K net.
| Holding | Weight | Insiders bought | Insiders sold |
|---|---|---|---|
| MSM MSC Industrial Direct Co., Inc. (Class A) | 0.51% | $29.0M | $0 |
| SRRK Scholar Rock Holding Corporation | 0.50% | $12.0M | $0 |
| SBLK Star Bulk Carriers Corp. | 0.36% | $6.9M | $4.5M |
| XENE Xenon Pharmaceuticals Inc. | 0.59% | $1.7M | $426K |
| SITE SiteOne Landscape Supply, Inc. | 0.39% | $1.5M | $0 |
| KRMN Karman Holdings Inc. | 0.75% | $1.0M | $0 |
| LSCC Lattice Semiconductor Corporation | 0.54% | $1.0M | $3.1M |
| TH Target Hospitality Corp. | 0.10% | $688K | $202.4M |
| SEI Solaris Energy Infrastructure, Inc. (Class A) | 0.43% | $542K | $0 |
| HRI Herc Holdings, Inc. | 0.55% | $503K | $0 |
| OPLN OPENLANE Inc. | 0.39% | $500K | $6.0M |
| MIR Mirion Technologies, Inc. | 0.33% | $312K | $0 |
| BOOT Boot Barn Holdings, Inc. | 0.77% | $271K | $0 |
| RDVT Red Violet, Inc. | 0.24% | $143K | $0 |
| AAON AAON, Inc. | 0.31% | $110K | $0 |
Holdings · as of Nov 12, 2026
| # | Holding | Weight |
|---|---|---|
| 1 | XMTR Xometry, Inc. (Class A) | 2.02% |
| 2 | MMSC US Dollar | 1.93% |
| 3 | FROG JFrog Ltd. | 1.80% |
| 4 | ZETA Zeta Global Holdings Corp. (Class A) | 1.75% |
| 5 | OLLI Ollie's Bargain Outlet Holdings, Inc. | 1.48% |
| 6 | NTSK Netskope, Inc. (Class A) | 1.40% |
| 7 | VRNS Varonis Systems, Inc. | 1.30% |
| 8 | TVTX Travere Therapeutics, Inc. | 1.30% |
| 9 | SAIL SailPoint, Inc. | 1.28% |
| 10 | GH Guardant Health, Inc. | 1.25% |
| 11 | SYRE Spyre Therapeutics, Inc. | 1.24% |
| 12 | PTGX Protagonist Therapeutics, Inc. | 1.13% |
| 13 | RGEN Repligen Corporation | 1.06% |
| 14 | LGND Ligand Pharmaceuticals Inc. (Class B) | 1.03% |
| 15 | TWST Twist Bioscience Corporation | 1.03% |
| 16 | PRAX Praxis Precision Medicines, Inc. | 1.02% |
| 17 | MANH Manhattan Associates, Inc. | 0.97% |
| 18 | GKOS Glaukos Corporation | 0.95% |
| 19 | EWTX Edgewise Therapeutics, Inc. | 0.94% |
| 20 | LTH Life Time Group Holdings, Inc. | 0.89% |
| 21 | RBRK Rubrik, Inc. (Class A) | 0.89% |
| 22 | WING Wingstop Inc. | 0.87% |
| 23 | EXEL Exelixis, Inc. | 0.85% |
| 24 | FCFS FirstCash Holdings, Inc. | 0.85% |
| 25 | VSEC VSE Corporation | 0.85% |
| 26 | EZPW EZCORP, Inc. | 0.81% |
| 27 | PI Impinj, Inc. | 0.80% |
| 28 | HALO Halozyme Therapeutics, Inc. | 0.78% |
| 29 | FWRG First Watch Restaurant Group, Inc. | 0.78% |
| 30 | BOOT Boot Barn Holdings, Inc. | 0.77% |
| 31 | SEPN Septerna, Inc. | 0.76% |
| 32 | VIRT Virtu Financial, Inc. (Class A) | 0.75% |
| 33 | KRMN Karman Holdings Inc. | 0.75% |
| 34 | AAMI Acadian Asset Management Inc. | 0.74% |
| 35 | AXGN Axogen, Inc. | 0.71% |
| 36 | RBC RBC Bearings Incorporated | 0.71% |
| 37 | FIVE Five Below, Inc. | 0.71% |
| 38 | ICLR ICON Plc | 0.71% |
| 39 | DFTX Definium Therapeutics Inc. | 0.70% |
| 40 | DSGX The Descartes Systems Group Inc. | 0.69% |
| 41 | VSXY Victoria's Secret & Co. | 0.69% |
| 42 | SUPN Supernus, Inc. | 0.69% |
| 43 | LASR nLight, Inc. | 0.67% |
| 44 | FLYW Flywire Corporation | 0.66% |
| 45 | HQY HealthEquity, Inc. | 0.66% |
| 46 | KYMR Kymera Therapeutics, Inc. | 0.65% |
| 47 | PIPR Piper Sandler Companies | 0.65% |
| 48 | WT WisdomTree, Inc. | 0.64% |
| 49 | DRS Leonardo DRS, Inc. | 0.63% |
| 50 | ECPG Encore Capital Group, Inc. | 0.63% |
| 51 | GENI Genius Sports Limited | 0.62% |
| 52 | CHEF The Chefs' Warehouse, Inc. | 0.62% |
| 53 | MMS MAXIMUS, Inc. | 0.60% |
| 54 | FIGS FIGS, Inc. (Class A) | 0.60% |
| 55 | AVAV AeroVironment, Inc. | 0.60% |
| 56 | XENE Xenon Pharmaceuticals Inc. | 0.59% |
| 57 | ANDG Andersen Group Inc. (Class A) | 0.59% |
| 58 | MTSI MACOM Technology Solutions Holdings, Inc. | 0.59% |
| 59 | MEDP Medpace Holdings, Inc. | 0.58% |
| 60 | SEZL Sezzle Inc. | 0.58% |
| 61 | MGY Magnolia Oil & Gas Corporation (Class A) | 0.57% |
| 62 | AGYS Agilysys, Inc. | 0.57% |
| 63 | ELF e.l.f. Beauty, Inc. | 0.56% |
| 64 | FSLY Fastly, Inc. (Class A) | 0.56% |
| 65 | KNSA Kiniksa Pharmaceuticals International, Plc (Class A) | 0.56% |
| 66 | PTCT PTC Therapeutics, Inc. | 0.55% |
| 67 | CAKE The Cheesecake Factory Incorporated | 0.55% |
| 68 | HRI Herc Holdings, Inc. | 0.55% |
| 69 | LSCC Lattice Semiconductor Corporation | 0.54% |
| 70 | BAND Bandwidth Inc. (Class A) | 0.54% |
| 71 | IRTC iRhythm Holdings, Inc. | 0.53% |
| 72 | AMLX Amylyx Pharmaceuticals, Inc. | 0.53% |
| 73 | PLMR Palomar Holdings, Inc. | 0.52% |
| 74 | ADPT Adaptive Biotechnologies Corporation | 0.52% |
| 75 | BCPC Balchem Corporation | 0.52% |
| 76 | PAY Paymentus Holdings, Inc. (Class A) | 0.51% |
| 77 | CUBI Customers Bancorp, Inc. | 0.51% |
| 78 | IMAX IMAX Corporation | 0.51% |
| 79 | MSM MSC Industrial Direct Co., Inc. (Class A) | 0.51% |
| 80 | CVLT Commvault Systems, Inc. | 0.50% |
| 81 | FIVN Five9, Inc. | 0.50% |
| 82 | VNOM Viper Energy, Inc. (Class A) | 0.50% |
| 83 | EXLS ExlService Holdings, Inc. | 0.50% |
| 84 | SRRK Scholar Rock Holding Corporation | 0.50% |
| 85 | VAC Marriott Vacations Worldwide Corporation | 0.50% |
| 86 | BRZE Braze, Inc. (Class A) | 0.49% |
| 87 | RELY Remitly Global, Inc. | 0.49% |
| 88 | GWRE Guidewire Software, Inc. | 0.48% |
| 89 | SKY Champion Homes Inc. | 0.48% |
| 90 | RYAN Ryan Specialty Holdings, Inc. (Class A) | 0.47% |
| 91 | GLBE Global-E Online Ltd. | 0.46% |
| 92 | TDW Tidewater Inc. | 0.46% |
| 93 | KTOS Kratos Defense & Security Solutions, Inc. | 0.45% |
| 94 | GMED Globus Medical, Inc. (Class A) | 0.45% |
| 95 | S SentinelOne, Inc. (Class A) | 0.45% |
| 96 | DOCN DigitalOcean Holdings, Inc. | 0.45% |
| 97 | ESTC Elastic N.V. | 0.44% |
| 98 | SEI Solaris Energy Infrastructure, Inc. (Class A) | 0.43% |
| 99 | SRAD Sportradar Group AG (Class A) | 0.43% |
| 100 | FTI TechnipFMC Plc | 0.43% |
| 101 | COCO The Vita Coco Company, Inc. | 0.42% |
| 102 | FA First Advantage Corporation | 0.42% |
| 103 | RHI Robert Half Inc. | 0.41% |
| 104 | BTSG BrightSpring Health Services, Inc. | 0.41% |
| 105 | AMPX Amprius Technologies, Inc. | 0.41% |
| 106 | DAVE Dave Inc. (Class A) | 0.40% |
| 107 | BMI Badger Meter, Inc. | 0.40% |
| 108 | BWXT BWX Technologies, Inc. | 0.40% |
| 109 | SITE SiteOne Landscape Supply, Inc. | 0.39% |
| 110 | RMBS Rambus Inc. | 0.39% |
| 111 | HURN Huron Consulting Group Inc. | 0.39% |
| 112 | OPLN OPENLANE Inc. | 0.39% |
| 113 | FRPT Freshpet, Inc. | 0.38% |
| 114 | TATT TAT Technologies Ltd. | 0.38% |
| 115 | FSS Federal Signal Corporation | 0.37% |
| 116 | HTFL Heartflow, Inc. | 0.37% |
| 117 | NP Neptune Insurance Holdings Inc. (Class A) | 0.37% |
| 118 | SHOO Steven Madden, Ltd. | 0.37% |
| 119 | POWL Powell Industries, Inc. | 0.36% |
| 120 | NTRA Natera, Inc. | 0.36% |
| 121 | LW Lamb Weston Holdings, Inc. | 0.36% |
| 122 | SITM Sitime Corporation | 0.36% |
| 123 | SBLK Star Bulk Carriers Corp. | 0.36% |
| 124 | LNN Lindsay Corporation | 0.35% |
| 125 | AROC Archrock, Inc. | 0.35% |
| 126 | STNG Scorpio Tankers Inc. | 0.35% |
| 127 | CGNX Cognex Corporation | 0.34% |
| 128 | VIAV Viavi Solutions Inc. | 0.34% |
| 129 | ETSY Etsy, Inc. | 0.34% |
| 130 | CAMT Camtek Ltd. | 0.34% |
| 131 | JHX James Hardie Industries plc | 0.34% |
| 132 | IMNM Immunome, Inc. | 0.34% |
| 133 | KRNT Kornit Digital Ltd. | 0.33% |
| 134 | MIR Mirion Technologies, Inc. | 0.33% |
| 135 | MOG-A Moog Inc. | 0.33% |
| 136 | SIMO Silicon Motion Technology Corporation (ADR) | 0.33% |
| 137 | OII Oceaneering International, Inc. | 0.33% |
| 138 | AMBA Ambarella, Inc. | 0.33% |
| 139 | NAVN Navan, Inc. (Class A) | 0.32% |
| 140 | AR Antero Resources Corporation | 0.32% |
| 141 | ANF Abercrombie & Fitch Co. (Class A) | 0.32% |
| 142 | FTRE Fortrea Holdings Inc. | 0.31% |
| 143 | AAON AAON, Inc. | 0.31% |
| 144 | GNRC Generac Holdings Inc. | 0.31% |
| 145 | PKE Park Aerospace Corp. | 0.31% |
| 146 | ALKS Alkermes Plc | 0.31% |
| 147 | MRCY Mercury Systems, Inc. | 0.30% |
| 148 | ZYME Zymeworks Inc. | 0.30% |
| 149 | TREX Trex Company, Inc. | 0.30% |
| 150 | POWI Power Integrations, Inc. | 0.30% |
| 151 | IDCC InterDigital, Inc. | 0.29% |
| 152 | HP Helmerich & Payne, Inc. | 0.29% |
| 153 | IBP Installed Building Products, Inc. | 0.29% |
| 154 | HOG Harley-Davidson, Inc. | 0.29% |
| 155 | HNGE Hinge Health, Inc. (Class A) | 0.29% |
| 156 | TITN Titan Machinery Inc. | 0.29% |
| 157 | TARS Tarsus Pharmaceuticals, Inc. | 0.28% |
| 158 | AMSC American Superconductor Corporation | 0.28% |
| 159 | SG Sweetgreen, Inc. (Class A) | 0.28% |
| 160 | GPOR Gulfport Energy Corporation | 0.27% |
| 161 | WHD Cactus, Inc. (Class A) | 0.27% |
| 162 | TENB Tenable Holdings, Inc. | 0.26% |
| 163 | RAL Ralliant Corporation | 0.25% |
| 164 | INVX Innovex International, Inc. | 0.25% |
| 165 | COGT Cogent Biosciences, Inc. | 0.25% |
| 166 | RDVT Red Violet, Inc. | 0.24% |
| 167 | FN Fabrinet | 0.23% |
| 168 | CSW CSW Industrials, Inc. | 0.23% |
| 169 | IAG IAMGOLD Corporation | 0.23% |
| 170 | COMP Compass, Inc. (Class A) | 0.23% |
| 171 | MTCH Match Group Inc. | 0.22% |
| 172 | NPO EnPro, Inc. | 0.22% |
| 173 | VCYT Veracyte, Inc. | 0.22% |
| 174 | DNTH Dianthus Therapeutics, Inc. | 0.21% |
| 175 | ZWS Zurn Elkay Water Solutions Corp. | 0.21% |
| 176 | BLSH Bullish | 0.20% |
| 177 | LFST LifeStance Health Group, Inc. | 0.20% |
| 178 | TOST Toast, Inc. (Class A) | 0.19% |
| 179 | ATRC AtriCure, Inc. | 0.18% |
| 180 | COLD Americold Realty Trust Inc. | 0.17% |
| 181 | HAE Haemonetics Corporation | 0.16% |
| 182 | ARQT Arcutis Biotherapeutics, Inc. | 0.15% |
| 183 | AGCO AGCO Corporation | 0.14% |
| 184 | RUSHA Rush Enterprises, Inc. (Class A) | 0.14% |
| 185 | ALM Almonty Industries Inc. | 0.13% |
| 186 | VLY Valley National Bancorp | 0.12% |
| 187 | VPG Vishay Precision Group, Inc. | 0.12% |
| 188 | PRCH Porch Group, Inc. | 0.10% |
| 189 | TH Target Hospitality Corp. | 0.10% |
Sector breakdown
Healthcare27.1%
Technology25.8%
Industrials16.3%
Consumer Cyclical10.2%
Financial Services9.3%
Energy4.7%
Consumer Defensive3.5%
Basic Materials1.7%
Communication Services1.2%
Real Estate0.3%
Country breakdown
United States96.1%
Canada1.7%
China0.7%
Switzerland0.4%
Greece0.4%
Taiwan0.3%
Distributions
| Date | Per unit |
|---|---|
| Dec 13, 2024 | $0.0854 |
Members of Congress who disclosed this ETF
No member of Congress has disclosed a trade in MMSC in the filings we hold.
Fund facts, prices, performance and distributions: our market-data vendor. Holdings: the vendor and SEC Form N-PORT. Insider and Congress data: InsiderBuying. Last updated Nov 13, 2026. This is historical data, not investment advice. Report a data error