AFMC vs. HSMV ETF Comparison

Comparison of Active Factor Mid Cap ETF (AFMC) to First Trust Horizon Managed Volatility Small/Mid ETF (HSMV)

AFMC

Active Factor Mid Cap ETF

AFMC Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by mid capitalization companies. The manager defines mid capitalization companies as those that, at the time of investment, have a market capitalization between the minimum and maximum market capitalization of a widely recognized index of mid capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$29.95

Average Daily Volume

16,668

Number of Holdings ^*

246

* may have additional holdings in another (foreign) market

HSMV

First Trust Horizon Managed Volatility Small/Mid ETF

HSMV Description

The investment seeks to provide investors with capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objective by investing at least 80% of its net assets (including investment borrowings) in small- and/or mid-capitalization common stocks listed and traded on U.S. national securities exchanges that Sub-Advisor believes exhibit low future expected volatility. It is non-diversified.

Grade (RS Rating)

Last Trade

$34.11

Average Daily Volume

1,083

Number of Holdings ^*

196

* may have additional holdings in another (foreign) market

Performance

Period	AFMC	HSMV
30 Days	3.11%	3.47%
60 Days	0.02%	0.27%
90 Days	4.73%	5.04%
12 Months	19.00%	8.60%

72 Overlapping Holdings

Symbol	Grade	Weight in AFMC	Weight in HSMV	Overlap
AGCO	F	0.51%	0.48%	0.48%
AMG	C	0.6%	0.5%	0.5%
ARW	D	0.4%	0.47%	0.4%
ATR	D	0.17%	0.49%	0.17%
AVT	C	0.3%	0.51%	0.3%
BRX	B	0.07%	0.53%	0.07%
CACI	B	0.39%	0.53%	0.39%
CASY	B	0.13%	0.58%	0.13%
CBSH	B	0.05%	0.48%	0.05%
CHE	F	0.49%	0.48%	0.48%
CRI	F	0.26%	0.45%	0.26%
CRUS	B	0.43%	0.43%	0.43%
CSL	B	1.1%	0.59%	0.59%
CUBE	B	0.1%	0.68%	0.1%
CVLT	B	0.41%	0.64%	0.41%
CW	B	0.45%	0.54%	0.45%
EHC	B	0.27%	0.52%	0.27%
EME	D	1.08%	0.59%	0.59%
ENSG	B	0.26%	0.54%	0.26%
EPR	C	0.34%	0.51%	0.34%
ESNT	B	0.94%	0.53%	0.53%
EVR	A	0.37%	0.64%	0.37%
EXEL	B	0.3%	0.5%	0.3%
EXP	D	0.5%	0.53%	0.5%
FHI	B	0.63%	0.51%	0.51%
FSS	C	0.35%	0.5%	0.35%
G	D	0.53%	0.52%	0.52%
GLPI	B	0.73%	0.52%	0.52%
GMED	A	0.46%	0.67%	0.46%
HRB	C	0.32%	0.6%	0.32%
IDCC	B	0.75%	0.68%	0.68%
INGR	D	0.82%	0.5%	0.5%
ITT	C	0.09%	0.49%	0.09%
JAZZ	F	0.37%	0.4%	0.37%
JHG	B	0.16%	0.55%	0.16%
LAMR	C	0.47%	0.47%	0.47%
LECO	F	0.22%	0.42%	0.22%
LII	B	0.54%	0.56%	0.54%
LOPE	C	0.28%	0.55%	0.28%
MAN	F	0.49%	0.46%	0.46%
MSA	B	0.15%	0.5%	0.15%
MSM	F	0.3%	0.43%	0.3%
MTG	A	0.95%	0.53%	0.53%
MUSA	B	0.6%	0.54%	0.54%
NBIX	B	0.27%	0.62%	0.27%
NFG	C	0.57%	0.52%	0.52%
NSA	B	0.29%	0.38%	0.29%
NSIT	C	0.26%	0.55%	0.26%
NVT	D	0.31%	0.54%	0.31%
NYT	B	0.4%	0.61%	0.4%
OHI	A	0.57%	0.56%	0.56%
ORI	C	0.74%	0.52%	0.52%
PBH	B	0.06%	0.48%	0.06%
PDCO	F	0.08%	0.28%	0.08%
POST	B	0.31%	0.49%	0.31%
PRI	B	0.58%	0.55%	0.55%
RDN	B	0.82%	0.52%	0.52%
RGLD	A	0.07%	0.43%	0.07%
RPM	D	0.37%	0.5%	0.37%
RS	C	0.82%	0.49%	0.49%
SAIC	D	0.6%	0.45%	0.45%
SBRA	B	0.49%	0.55%	0.49%
SF	B	0.65%	0.53%	0.53%
SFM	B	1.35%	0.55%	0.55%
SNX	D	0.6%	0.48%	0.48%
STAG	B	0.3%	0.53%	0.3%
TXRH	D	0.72%	0.53%	0.53%
UTHR	B	1.14%	0.66%	0.66%
VNT	C	0.11%	0.47%	0.11%
WPC	C	0.73%	0.5%	0.5%
WTS	D	0.1%	0.45%	0.1%
WU	D	0.09%	0.54%	0.09%

AFMC Overweight 174 Positions Relative to HSMV

Symbol	Grade	Weight
WSM	C	1.45%
THC	B	1.24%
VST	C	1.19%
AYI	D	1.05%
OC	C	1.0%
TOL	C	1.0%
KBH	B	0.96%
CNM	D	0.94%
NRG	D	0.94%
COKE	C	0.9%
CHRD	D	0.88%
ALSN	B	0.87%
DECK	D	0.84%
IBOC	A	0.83%
GDDY	C	0.8%
FIX	D	0.78%
ACT	B	0.76%
UNM	D	0.76%
DINO	F	0.73%
NXST	B	0.72%
TMHC	C	0.7%
ONTO	C	0.7%
WFRD	B	0.68%
ELF	B	0.68%
BCC	D	0.68%
AMR	D	0.66%
JBL	F	0.66%
ERIE	D	0.66%
FICO	A	0.66%
MEDP	B	0.65%
MLI	B	0.65%
BRBR	D	0.63%
WBS	C	0.61%
CMC	C	0.61%
ENS	B	0.59%
BERY	C	0.57%
PHM	C	0.55%
NTAP	B	0.54%
BLDR	F	0.52%
PVH	D	0.52%
TPR	C	0.52%
DDS	B	0.51%
DBX	F	0.51%
PK	F	0.5%
NEU	D	0.49%
FFIV	C	0.48%
MTH	C	0.48%
ANF	C	0.48%
SANM	A	0.48%
TGNA	C	0.48%
HIW	B	0.48%
CUZ	B	0.47%
PBF	F	0.47%
CR	C	0.46%
PSN	C	0.45%
KMT	D	0.44%
STLD	C	0.44%
BTU	D	0.44%
HALO	B	0.44%
ATKR	F	0.44%
GHC	C	0.43%
NTCT	F	0.43%
NVST	F	0.43%
TEX	D	0.43%
PINC	F	0.42%
GPS	C	0.42%
APPF	B	0.41%
WSO	B	0.4%
ASO	F	0.39%
MOH	F	0.39%
JLL	A	0.39%
BLD	C	0.39%
UHS	B	0.39%
GEF	D	0.39%
SNA	D	0.38%
AIZ	D	0.37%
DKS	C	0.34%
UFPI	C	0.33%
WMS	D	0.33%
PSTG	B	0.32%
IBP	C	0.31%
JXN	B	0.31%
NUS	F	0.31%
BPMC	B	0.31%
TDC	D	0.31%
OLN	D	0.31%
WWD	D	0.3%
LEA	F	0.3%
SLM	C	0.3%
LNTH	B	0.3%
HWC	A	0.3%
BYD	C	0.3%
SSD	C	0.29%
ZD	F	0.28%
MANH	C	0.28%
SSB	B	0.28%
RL	C	0.28%
FHN	A	0.28%
CROX	D	0.28%
HOG	D	0.28%
AN	C	0.28%
CNA	A	0.27%
CLF	F	0.27%
INCY	B	0.27%
HST	D	0.26%
ADNT	F	0.25%
BDC	C	0.25%
PPC	C	0.24%
COLB	C	0.24%
WCC	D	0.23%
VSH	C	0.23%
KAI	C	0.23%
AZEK	D	0.23%
BWA	F	0.23%
ITCI	B	0.23%
ACIW	A	0.23%
M	C	0.23%
NAVI	D	0.22%
JWN	A	0.22%
HPP	D	0.22%
L	C	0.22%
SJM	F	0.21%
CATY	C	0.21%
CRS	B	0.21%
AIT	C	0.2%
SM	D	0.2%
CRVL	B	0.2%
ESAB	D	0.2%
OZK	C	0.2%
LPX	D	0.2%
PRGO	F	0.2%
OSCR	D	0.2%
GPI	D	0.2%
AMN	F	0.19%
APLE	D	0.18%
OPCH	D	0.17%
DXC	D	0.17%
ABG	C	0.17%
HOMB	B	0.17%
AEO	D	0.17%
HNI	A	0.16%
CNXC	D	0.16%
ZION	A	0.15%
CAH	F	0.13%
AOS	C	0.13%
TPH	B	0.12%
OGN	C	0.12%
APA	D	0.12%
EQH	A	0.1%
ACLS	C	0.1%
S	D	0.1%
ASGN	D	0.09%
HSIC	D	0.09%
HAE	C	0.09%
LYFT	F	0.09%
BOX	F	0.09%
QLYS	F	0.08%
CELH	F	0.08%
ITRI	D	0.08%
UGI	D	0.07%
TAP	F	0.07%
PEN	F	0.07%
WOR	F	0.07%
DVA	C	0.06%
MMSI	B	0.06%
BRKR	F	0.06%
SMAR	C	0.05%
AWI	C	0.05%
CACC	C	0.05%
SPSC	C	0.05%
LEVI	D	0.04%
BMI	C	0.04%
CPT	B	0.04%
IART	D	0.03%

AFMC Underweight 124 Positions Relative to HSMV

Symbol	Grade	Weight
LXP	B	-0.71%
BJ	B	-0.64%
CPK	C	-0.63%
JJSF	C	-0.61%
LFUS	C	-0.61%
JEF	A	-0.59%
LANC	D	-0.58%
PLXS	C	-0.58%
SWX	D	-0.58%
BCPC	B	-0.58%
CLH	B	-0.58%
VRRM	B	-0.57%
FAF	D	-0.56%
DTM	B	-0.56%
KEX	B	-0.56%
PRGS	C	-0.55%
RGA	A	-0.55%
EGP	B	-0.55%
KFY	C	-0.55%
NMIH	A	-0.55%
TTEK	D	-0.54%
INVA	B	-0.54%
EPRT	B	-0.54%
EPC	B	-0.54%
ADC	B	-0.54%
VOYA	D	-0.53%
NNN	A	-0.53%
ALE	C	-0.53%
AM	B	-0.53%
ELS	C	-0.53%
GATX	A	-0.53%
EFC	A	-0.53%
MMS	B	-0.53%
MTN	F	-0.53%
AWR	C	-0.52%
MSGS	C	-0.52%
USFD	D	-0.52%
COOP	B	-0.52%
AIN	D	-0.52%
AMH	C	-0.52%
FR	B	-0.52%
CTRE	B	-0.52%
WERN	D	-0.52%
OGE	B	-0.52%
CNO	A	-0.52%
UNF	C	-0.52%
FCPT	B	-0.52%
LSTR	F	-0.52%
MDU	C	-0.51%
VVV	B	-0.51%
DLB	D	-0.51%
ACHC	F	-0.51%
PECO	C	-0.51%
WTRG	C	-0.51%
IOSP	D	-0.51%
FLS	C	-0.51%
PNM	D	-0.5%
POR	C	-0.5%
WH	C	-0.5%
ASH	D	-0.5%
BWXT	C	-0.5%
MAT	F	-0.5%
CHH	C	-0.5%
KNX	C	-0.5%
SEIC	C	-0.5%
OGS	C	-0.5%
REXR	C	-0.5%
BKH	C	-0.5%
AGO	C	-0.5%
CWT	C	-0.5%
FNF	C	-0.49%
GGG	D	-0.49%
THG	D	-0.49%
SCI	C	-0.49%
GNTX	C	-0.49%
RLI	D	-0.49%
MCRI	C	-0.49%
NWE	C	-0.49%
IDA	C	-0.49%
DCI	D	-0.49%
SR	B	-0.49%
KBR	D	-0.49%
NJR	C	-0.49%
COLM	D	-0.49%
AVA	D	-0.48%
MOG.A	B	-0.48%
HXL	D	-0.48%
AFG	D	-0.48%
CHDN	B	-0.48%
GPK	D	-0.47%
FELE	C	-0.47%
ACM	D	-0.47%
MIDD	D	-0.47%
RYN	F	-0.47%
PFGC	F	-0.47%
TNC	D	-0.47%
FNB	A	-0.47%
ROIC	C	-0.47%
SIGI	D	-0.46%
OSK	D	-0.46%
PCH	F	-0.46%
RNR	D	-0.45%
SLGN	D	-0.45%
FLO	F	-0.45%
ALV	D	-0.45%
SON	F	-0.44%
R	C	-0.44%
ENR	C	-0.42%
WEN	D	-0.41%
EVTC	F	-0.41%
AIR	A	-0.39%
ENOV	F	-0.38%
IRT	B	-0.36%
PB	C	-0.36%
ABM	B	-0.35%
ORA	C	-0.34%
GO	F	-0.34%
EXPO	B	-0.31%
ONB	A	-0.31%
FCN	C	-0.31%
BLKB	D	-0.3%
CCOI	D	-0.26%
PZZA	F	-0.22%
LEG	D	-0.19%