Summary
MMSC
Prices · period metrics · 12M
NAV as of 20/07/2026
02/04/2025 → 02/04/2026
Return 33.27% Volatility 26.32% Sharpe 1.00
Official loaded data — not a live quote.

FIRST TRUST MULTI-MANAGER SMALL CAP OPPORTUNITIES ETF

Symbol: MMSC

Exchange: NYSE

Sector: Technology

Category: Small Growth

Inception date: 13/10/2021

Latest date: 20/07/2026

Current price: $27.71

Expense ratio: 0.95%

Assets under management
$54.7M
-0.93% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
--
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Performance metrics

Period total return

-4.68%

Ann. -46.90% (Sharpe / Sortino numerator)

Volatility

33.58%

Sharpe ratio

-1.505

VaR 95%

-3.00%

CVaR 95%: -3.08%
Max drawdown: -10.36%
Sortino ratio: -2.927
Calmar ratio: -4.53

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

2.59%

Ann. -3.73% (Sharpe / Sortino numerator)

Volatility

26.65%

Sharpe ratio

-0.276

VaR 95%

-2.74%

CVaR 95%: -2.92%
Max drawdown: -14.10%
Sortino ratio: -0.449
Calmar ratio: -0.26

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

7.03%

Ann. 5.15% (Sharpe / Sortino numerator)

Volatility

25.69%

Sharpe ratio

0.059

VaR 95%

-2.74%

CVaR 95%: -3.16%
Max drawdown: -14.10%
Sortino ratio: 0.092
Calmar ratio: 0.36

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

33.27%

Ann. 29.83% (Sharpe / Sortino numerator)

Volatility

26.32%

Sharpe ratio

0.995

VaR 95%

-2.63%

CVaR 95%: -3.64%
Max drawdown: -14.10%
Sortino ratio: 1.365
Calmar ratio: 2.12

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

40.77%

Ann. 12.75% (Sharpe / Sortino numerator)

Volatility

24.03%

Sharpe ratio

0.379

VaR 95%

-2.50%

CVaR 95%: -3.45%
Max drawdown: -29.76%
Sortino ratio: 0.532
Calmar ratio: 0.43

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

70.13%

Ann. 17.23% (Sharpe / Sortino numerator)

Volatility

21.94%

Sharpe ratio

0.620

VaR 95%

-2.18%

CVaR 95%: -3.12%
Max drawdown: -29.76%
Sortino ratio: 0.884
Calmar ratio: 0.58

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 21/07/2025 - 20/07/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.126%

Best day

4.819%

31/03/2026
Worst day

-4.881%

05/06/2026
Days with data

250

Recent price history (last 90 days)

Date Open High Low Close Volume
20/07/2026 $27.97 $27.97 $27.71 $27.71 2,300
17/07/2026 $27.84 $28.05 $27.84 $27.98 3,300
16/07/2026 $28.18 $28.18 $27.86 $27.91 3,600
15/07/2026 $28.70 $28.75 $28.15 $28.41 15,400
14/07/2026 $28.41 $28.52 $28.41 $28.52 1,500
13/07/2026 $28.43 $28.43 $28.13 $28.22 15,300
10/07/2026 $29.47 $29.47 $28.64 $28.75 3,100
09/07/2026 $28.81 $29.26 $28.81 $29.07 4,100
08/07/2026 $28.30 $28.49 $28.11 $28.49 2,600
07/07/2026 $28.44 $28.79 $28.44 $28.62 5,800