First Trust Multi-Manager Large Growth ETF Price & Performance (MMLG)

Recent assessments of the First Trust Multi-Manager Large Growth ETF (MMLG) show a split among experts. While some rate the fund as undervalued with a positive technical outlook, others caution that its historical returns and risk profile point to a more cautious stance for investors.123

The First Trust Multi-Manager Large Growth ETF is trading near $26.51, below its 52-week high, with analysts noting both underperformance and potential. Despite a recent dip, some forecasts remain optimistic, though the ETF's historical accuracy of positive returns over a year is just 25%.123

Over the past year, MMLG ETF experienced net outflows approaching $1 million, yet technical indicators and analyst consensus signal potential for outperformance. The fund’s Smart Score and positive momentum suggest some market participants see opportunity, despite recent volatility and low dividend yield.213