MMLG vs VXUS

Quick Verdict

VXUS has a lower expense ratio. VXUS delivered stronger 1-year returns. VXUS offers more diversification with 7861 holdings.

Lower Fees: VXUSHigher Returns: VXUSMore Diversified: VXUS

Side-by-Side Comparison

MetricMMLGVXUSWinner
Expense Ratio0.85%0.05%
AUM$95M$156.5B
Dividend Yield0.00%2.60%
Holdings758,747
YTD Return+5.70%+14.57%
1Y Return+15.59%+27.82%
3Y Return (annualized)+21.54%+19.27%
5Y Return (annualized)+8.42%+9.28%
Volatility (annualized)21.3%15.1%
Max Drawdown-46.0%-39.9%
Fund FamilyFirst Trust Portfolios (US)Vanguard (US)
CategoryEquityEquity
InceptionJul 20, 2020Jan 26, 2011

MMLG vs VXUS Performance

First Trust Multi-Manager Large Growth ETF (MMLG) is a ETF from First Trust Portfolios (US) and Vanguard Total International Stock ETF (VXUS) is a ETF from Vanguard (US). Over the past year MMLG returned +15.59% while VXUS returned +27.82%. Year to date, MMLG is up 5.70% versus a gain of 14.57% for VXUS.

Over three years, MMLG compounded at +21.54% per year against +19.27% for VXUS; over five years the annualized figures are +8.42% and +9.28% respectively. Across the full 6-year window we track, MMLG has the edge at +11.29% annualized vs +4.86%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

MMLG has been the more volatile fund, with annualized monthly volatility of 21.3% compared with 15.1% for VXUS. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -46.0% for MMLG and -39.9% for VXUS. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.68. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

MMLG charges 0.85% per year while VXUS charges 0.05%. On a $10,000 position that is $85 vs $5 annually, a gap of $80 per year that compounds over a long holding period. On income, MMLG currently yields 0.00% against 2.60% for VXUS.

Holdings Overlap

0.3%overlap

MMLG and VXUS share 2 holdings out of 7935 unique holdings combined, representing a 0.3% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in MMLGWeight in VXUSDifference
SHOP:CA2.60%0.33%2.27%
ORCL0.65%0.00%0.65%

Frequently Asked Questions

Which is cheaper, MMLG or VXUS?

MMLG has an expense ratio of 0.85% while VXUS charges 0.05%. VXUS is the cheaper option. On a $10,000 investment, that is $80 per year of difference.

Which performed better, MMLG or VXUS?

Over the past year MMLG returned +15.59% vs +27.82% for VXUS, so VXUS leads on 1-year performance. Over the longest common window we track (6 years), MMLG annualized +11.29% vs +4.86% for VXUS. Past performance does not guarantee future results.

Which is riskier, MMLG or VXUS?

MMLG has been the more volatile fund at 21.3% annualized versus 15.1% for VXUS. Worst drawdown: MMLG -46.0% vs VXUS -39.9%.

Should I hold both MMLG and VXUS?

MMLG and VXUS have a monthly-return correlation of 0.68, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between MMLG and VXUS?

MMLG and VXUS share 2 common holdings with a 0.3% weight overlap. Combined, they hold 7935 unique securities.

Which pays a higher dividend, MMLG or VXUS?

MMLG yields 0.00% while VXUS yields 2.60%, so VXUS currently pays the higher dividend yield.

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