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First Trust Multi-Manager Small Cap Opportunities (MMSC)
Look-through valuation · Style & factor · Expense ratio 0.95 % · ISIN US33740U7946
Price history (since 2021)
Monthly close since 2021. Price shows performance, the valuation verdict is in the look-through above.
Top holdings
| Holding | Weight | vs fair value | Quality |
|---|---|---|---|
| Twist Bioscience Corp TWST | 1.7 % | n/a | n/a |
| Xometry Inc XMTR | 1.6 % | n/a | n/a |
| Travere Therapeutics Inc TVTX | 1.6 % | −96.5 % | 35 |
| Zeta Global Holdings Corp ZETA | 1.5 % | −96.9 % | 45 |
| Jfrog Ltd FROG | 1.5 % | −82.0 % | 51 |
| FIRSTCASH HLDGS INC.DL-01 FF60 | 1.4 % | n/a | n/a |
| Guardant Health Inc GH | 1.3 % | n/a | n/a |
| VSE Corporation VSEC | 1.2 % | −85.0 % | 29 |
| Praxis Precision Medicines Inc PRAX | 1.1 % | n/a | n/a |
| Silicon Motion Technology SIMO | 1.1 % | −79.9 % | 67 |
| Varonis Systems VRNS | 1.0 % | −77.8 % | 37 |
| Spyre Therapeutics Inc. SYRE | 1.0 % | n/a | n/a |
| Protagonist Therapeutics Inc PTGX | 1.0 % | −97.7 % | 39 |
| Ligand Pharmaceuticals Incorporated LGND | 1.0 % | −83.8 % | 55 |
| Halozyme Therapeutics Inc HALO | 1.0 % | −45.3 % | 79 |
| EZCORP Inc EZPW | 0.9 % | −26.4 % | 60 |
| Repligen Corporation RGEN | 0.9 % | −84.8 % | 67 |
| Rubrik, Inc. RBRK | 0.9 % | −87.6 % | 46 |
| nLIGHT Inc LASR | 0.9 % | −90.4 % | 58 |
| SailPoint, Inc. Common Stock SAIL | 0.9 % | −89.8 % | 46 |
| Edgewise Therapeutics Inc EWTX | 0.8 % | n/a | n/a |
| Five Below Inc FIVE | 0.8 % | −52.5 % | 60 |
| Definium Therapeutics, Inc. DFTX | 0.8 % | n/a | n/a |
| Xenon Pharmaceuticals Inc XENE | 0.8 % | n/a | n/a |
| Manhattan Associates Inc MANH | 0.8 % | −55.6 % | 83 |
Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 49 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.
The 10 most cheaply valued ETFs
Measured against the look-through fair value of the holdings (sufficiently covered funds only). Green means below fair value, red above. Not financial advice.
- 1 CHIQ Global X MSCI China Consumer Disc ETF +66.3 % below FV
- 2 CHIU Global X MSCI China Utilities ETF +63.9 % below FV
- 3 FXI iShares China Large-Cap ETF +58.8 % below FV
- 4 KWEB KraneShares CSI China Internet ETF +38.6 % below FV
- 5 FCFY First Trust S&P 500 Diversified Free Cash Flow ETF +33.7 % below FV
- 6 MCHI iShares MSCI China ETF +30.6 % below FV
- 7 ITB iShares U.S. Home Construction ETF +21.3 % below FV
- 8 TAN Invesco Solar ETF +17.1 % below FV
- 9 BRAZ Global X Brazil Active ETF +16.0 % below FV
- 10 C003 Amundi Index Solutions - Amundi DivDAX I UCITS ETF EUR Distributing +9.3 % below FV
Frequently asked about MMSC
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How we value this ETF
An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives First Trust Multi-Manager Small Cap Opportunities ETF an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.
As of: Sep 11, 2026
The look-through is a computed summary of public fundamentals and is no substitute for your own research.