# First Trust Multi-Manager Small Cap Opportunities ETF (MMSC) — Overview

MMSC · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/mmsc

## Price

Last close $26.09 on Oct 15, 2026. 52-week range $22.18 – $29.56.

## Fund profile

MMSC is an actively managed ETF that utilizes a multi-manager approach to provide exposure to small-cap US growth stocks.

| Metric | Value |
| --- | --- |
| Issuer | First Trust Advisors L.P. |
| Industry | — |
| Inception | Oct 13, 2021 |
| Assets under management | $50.2M |
| Expense ratio | 0.95% |
| Net asset value | $25.73 (as of Oct 14, 2026) |
| Distributions | Quarterly |
| Leverage | 1x |

## Frequently Asked Questions

### What is First Trust Multi-Manager Small Cap Opportunities ETF (MMSC)?

MMSC is an actively managed ETF that utilizes a multi-manager approach to provide exposure to small-cap US growth stocks.

### What is MMSC's expense ratio?

First Trust Multi-Manager Small Cap Opportunities ETF charges an annual expense ratio of 0.95%. The fund is issued by First Trust Advisors L.P..

### How large is MMSC?

First Trust Multi-Manager Small Cap Opportunities ETF manages $50.2M in assets and has traded since Oct 13, 2021.

### How do I buy shares of First Trust Multi-Manager Small Cap Opportunities ETF (MMSC)?

MMSC trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).