FLAX vs MMSC
Comparison between FRANKLIN FTSE ASIA EX JAPAN ETF (FLAX, ETF) and FIRST TRUST MULTI-MANAGER SMALL CAP OPPORTUNITIES ETF (MMSC, ETF).
5-Year PerformanceFLAX has outperformed MMSC, delivering a return of +8.0% compared to +6.9%
FLAX vs MMSC - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
FLAX
$52M
MMSC
$52M
Expense Ratio
Winner
FLAX
0.19%
MMSC
0.95%
Max Drawdown
FLAX
44.11%
Winner
MMSC
40.82%
Sharpe Ratio
Winner
FLAX
1.78
MMSC
1.41
5Y Beta
Winner
FLAX
0.80
MMSC
1.28
P/E Ratio
FLAX
N/A
MMSC
280.79
Forward P/E
FLAX
N/A
MMSC
28.25
5Y Dividends CAGR
FLAX
19.36%
MMSC
N/A
5Y EPS CAGR
FLAX
N/A
MMSC
11.01%
Debt to Equity
FLAX
N/A
MMSC
6.48%
P/S Ratio
FLAX
N/A
MMSC
2.70
P/B Ratio
FLAX
N/A
MMSC
4.25
FLAX vs MMSC - Holdings Comparison
FLAX and MMSC have 1 common holdings. Overlap is 0.00%
FLAX's top 25 holdings weight is 45.60%. MMSC's top 25 holdings weight is 29.27%.
| Rank | FLAX | MMSC |
|---|---|---|
| #1 | n/a (n/a) - 14.42% | BLOOM ENERGY CORP CLASS A (BE) - 2.38% |
| #2 | SAMSUNG ELECTRONICS CO LTD (n/a) - 7.33% | CREDO TECHNOLOGY GROUP HOLDING LTD (CRDO) - 2.13% |
| #3 | SK HYNIX INC (n/a) - 5.53% | PLANET LABS PBC CLASS A (PL) - 1.56% |
| #4 | TENCENT HOLDINGS LTD (n/a) - 3.00% | NLIGHT INC (LASR) - 1.47% |
| #5 | n/a (n/a) - 2.53% | MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC (MTSI) - 1.44% |
| #6 | MEDIATEK INC (n/a) - 1.43% | FABRINET (FN) - 1.36% |
| #7 | DELTA ELECTRONICS INC (n/a) - 1.11% | MORGAN STANLEY INSTL LQUDTY TRS INSTL (MISXX) - 1.35% |
| #8 | AIA GROUP LTD (n/a) - 0.96% | XOMETRY INC ORDINARY SHARES CLASS A (XMTR) - 1.27% |
| #9 | n/a (n/a) - 0.84% | RAMBUS INC (RMBS) - 1.26% |
| #10 | CHINA CONSTRUCTION BANK CORP CLASS H (n/a) - 0.83% | FIRSTCASH HOLDINGS INC (FCFS) - 1.20% |
| #11 | RELIANCE INDUSTRIES LTD (n/a) - 0.81% | LUMENTUM HOLDINGS INC (LITE) - 1.17% |
| #12 | HON HAI PRECISION INDUSTRY CO LTD (n/a) - 0.79% | SITIME CORP ORDINARY SHARES (SITM) - 0.98% |
| #13 | DBS GROUP HOLDINGS LTD (n/a) - 0.78% | GUARDANT HEALTH INC (GH) - 0.97% |
| #14 | HDFC BANK LTD (n/a) - 0.74% | TRAVERE THERAPEUTICS INC ORDINARY SHARES (TVTX) - 0.96% |
| #15 | n/a (n/a) - 0.65% | EZCORP INC REGISTERED SHS -A- NON VTG (EZPW) - 0.94% |
| #16 | PDD HOLDINGS INC ADR (PDD) - 0.61% | COHERENT CORP (COHR) - 0.93% |
| #17 | XIAOMI CORP CLASS B (n/a) - 0.58% | POWELL INDUSTRIES INC (POWL) - 0.93% |
| #18 | ICICI BANK LTD (n/a) - 0.57% | NEXTPOWER INC CLASS A (NXT) - 0.92% |
| #19 | SK SQUARE (n/a) - 0.56% | n/a (SEI) - 0.92% |
| #20 | HONG KONG EXCHANGES AND CLEARING LTD (n/a) - 0.53% | VSE CORP (VSEC) - 0.91% |
| #21 | SUN HUNG KAI PROPERTIES LTD (n/a) - 0.21% | RBC BEARINGS INC (RBC) - 0.89% |
| #22 | TATA CONSULTANCY SERVICES LTD (n/a) - 0.20% | STERLING INFRASTRUCTURE INC (STRL) - 0.86% |
| #23 | AGRICULTURAL BANK OF CHINA LTD CLASS H (n/a) - 0.20% | TWIST BIOSCIENCE CORP (TWST) - 0.83% |
| #24 | POSCO HOLDINGS INC (n/a) - 0.20% | MODINE MANUFACTURING CO (MOD) - 0.82% |
| #25 | CATHAY FINANCIAL HOLDING CO LTD (n/a) - 0.19% | LIGAND PHARMACEUTICALS INC (LGND) - 0.82% |
| Total Holdings | 1490 | 202 |
FLAX vs MMSC - Historical Returns
Returns include dividend reinvestment.
1M
Winner
FLAX
+5.91%
MMSC
+3.36%
3M
Winner
FLAX
+18.21%
MMSC
+17.05%
6M
Winner
FLAX
+31.53%
MMSC
+16.67%
1Y
Winner
FLAX
+50.35%
MMSC
+40.36%
5Y(CAGR)
Winner
FLAX
+8.02%
MMSC
+6.87%
10Y(CAGR)
FLAX
+8.55%
MMSC
N/A
Max(CAGR)
Winner
FLAX
+8.55%
MMSC
+6.87%
FLAX vs MMSC - Annual Returns (2018 - 2026)
Returns include dividend reinvestment.
| Year | FLAX | MMSC |
|---|---|---|
| 2026 | +23.61% | +14.65% |
| 2025 | +34.33% | +14.83% |
| 2024 | +11.69% | +24.23% |
| 2023 | +4.95% | +19.91% |
| 2022 | -19.30% | -31.07% |
| 2021 | -4.77% | +1.01% |
| 2020 | +22.01% | N/A |
| 2019 | +17.90% | N/A |
| 2018 | -12.03% | N/A |
FLAX vs MMSC Drawdown Comparison
The maximum drawdown for FLAX was -42.50%, occurring on Oct 24, 2022. Recovery took 1147 trading sessions.
The maximum drawdown for MMSC was -40.82%, occurring on Jun 16, 2022. Recovery took 756 trading sessions.
The current FLAX drawdown is -2.95%. The current MMSC drawdown is -1.81%.
| Rank | FLAX | MMSC |
|---|---|---|
| #1 | -42.50% Feb 17, 2021 - Sep 11, 2025 | -40.82% Nov 8, 2021 - Nov 11, 2024 |
| #2 | -29.77% Mar 14, 2018 - Aug 4, 2020 | -29.76% Dec 4, 2024 - Sep 17, 2025 |
| #3 | -12.99% Feb 25, 2026 - Apr 17, 2026 | -14.10% Jan 22, 2026 - Apr 17, 2026 |
| #4 | -8.86% Jun 2, 2026 - Jun 5, 2026 | -10.04% Oct 28, 2025 - Dec 10, 2025 |
| #5 | -5.55% Jan 21, 2021 - Feb 9, 2021 | -6.14% Dec 11, 2025 - Jan 6, 2026 |
| #6 | -5.31% Aug 28, 2020 - Oct 8, 2020 | -6.13% Jun 4, 2026 - Jun 10, 2026 |
| #7 | -5.30% May 11, 2026 - May 26, 2026 | -6.13% Nov 11, 2024 - Nov 25, 2024 |
| #8 | -5.20% Oct 29, 2025 - Jan 2, 2026 | -5.50% May 11, 2026 - May 26, 2026 |
| #9 | -4.39% Oct 6, 2025 - Oct 20, 2025 | -3.75% Apr 20, 2026 - May 5, 2026 |
| #10 | -3.34% Jan 28, 2026 - Feb 10, 2026 | -3.47% Oct 8, 2025 - Oct 14, 2025 |
| #11 | -2.72% Oct 12, 2020 - Nov 4, 2020 | -3.26% Oct 15, 2025 - Oct 24, 2025 |
| #12 | -2.54% Feb 23, 2018 - Mar 13, 2018 | -2.94% Sep 22, 2025 - Oct 2, 2025 |
| #13 | -2.37% Nov 27, 2020 - Dec 3, 2020 | -1.81% May 6, 2026 - May 11, 2026 |
| #14 | -1.91% Aug 6, 2020 - Aug 17, 2020 | -1.38% Oct 25, 2021 - Oct 28, 2021 |
| #15 | -1.90% Sep 17, 2025 - Oct 1, 2025 | -1.13% May 28, 2026 - Jun 4, 2026 |
Correlation
Correlation between FLAX and MMSC is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.
0.93
-101
Dividend Comparison (2018 - 2025)
FLAX vs MMSC dividend yield comparison.
| Year | FLAX | MMSC |
|---|---|---|
| 2025 | 2.37% | 0.00% |
| 2024 | 3.12% | 0.41% |
| 2023 | 2.20% | 0.00% |
| 2022 | 2.86% | 0.00% |
| 2021 | 2.38% | 0.00% |
| 2020 | 1.57% | 0.00% |
| 2019 | 2.23% | 0.00% |
| 2018 | 2.35% | 0.00% |
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