AVDE vs. HDMV ETF Comparison

Comparison of Avantis International Equity ETF (AVDE) to First Trust Horizon Managed Volatility Developed International ETF (HDMV)

AVDE

Avantis International Equity ETF

AVDE Description

The investment seeks long-term capital appreciation. The fund invests primarily in a diverse group of non-U.S. companies across countries, market sectors and industry groups. It may invest in companies of all market capitalizations. Under normal market conditions, the fund will invest at least 80% of its assets in equity securities. It also may invest in derivative instruments such as futures contracts, currency forwards, and swap agreements.

Grade (RS Rating)

Last Trade

$66.68

Average Daily Volume

223,798

Number of Holdings ^*

113

* may have additional holdings in another (foreign) market

HDMV

First Trust Horizon Managed Volatility Developed International ETF

HDMV Description

The First Trust Horizon Managed Volatility Developed International ETF is an actively managed exchange-traded fund. The Fund's investment objective is to provide capital appreciation. Under normal market conditions, the Fund will seek to achieve its investment objective by investing at least 80% of its net assets (including investment borrowings) in common stocks and depositary receipts of developed market companies listed and traded on non-U.S. exchanges that Horizon Investments, LLC believes exhibit low future expected volatility.

Grade (RS Rating)

Last Trade

$32.11

Average Daily Volume

6,185

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AVDE	HDMV
30 Days	3.09%	5.58%
60 Days	4.73%	9.77%
90 Days	5.74%	13.08%
12 Months	18.04%	18.16%

7 Overlapping Holdings

Symbol	Grade	Weight in AVDE	Weight in HDMV	Overlap
ABBV	C	0.12%	0.36%	0.12%
CCEP	B	0.09%	0.78%	0.09%
CHKP	B	0.07%	0.72%	0.07%
E	C	0.15%	0.41%	0.15%
NVS	C	0.86%	0.88%	0.86%
QGEN	C	0.03%	0.55%	0.03%
UL	C	0.32%	1.52%	0.32%

AVDE Overweight 106 Positions Relative to HDMV

Symbol	Grade	Weight
NVO	C	1.73%
ASML	F	0.84%
TTE	D	0.67%
TM	F	0.58%
HSBC	B	0.57%
AZN	D	0.52%
BP	D	0.52%
BHP	D	0.47%
GSK	C	0.41%
ING	A	0.35%
MUFG	D	0.32%
RELX	B	0.32%
BCS	B	0.32%
SAP	B	0.31%
RIO	D	0.29%
BBVA	D	0.29%
TD	B	0.28%
LYG	B	0.28%
SMFG	D	0.28%
SAN	C	0.28%
CNI	D	0.27%
SNY	B	0.26%
HMC	D	0.22%
STM	F	0.22%
DEO	C	0.22%
ORAN	B	0.21%
NGG	C	0.18%
AER	B	0.17%
VOD	C	0.17%
MFG	D	0.16%
IX	C	0.16%
WFG	B	0.15%
NWG	C	0.15%
HLN	C	0.13%
BUD	C	0.13%
MT	D	0.11%
PHG	B	0.11%
AGCO	D	0.11%
STLA	F	0.11%
LOGI	D	0.11%
TEF	B	0.11%
SHOP	C	0.1%
SW	B	0.1%
EQNR	F	0.09%
ZIM	C	0.08%
NOK	C	0.08%
ERIC	B	0.08%
RBA	B	0.07%
SNN	C	0.07%
TAK	C	0.07%
OTEX	D	0.06%
TEVA	C	0.06%
GMAB	F	0.06%
ARGX	C	0.05%
SE	B	0.04%
GLNG	C	0.04%
IAG	C	0.04%
FRO	D	0.02%
WPP	B	0.02%
WDS	F	0.02%
BUR	D	0.02%
XRX	D	0.02%
CUK	C	0.02%
TRMD	C	0.02%
GLBE	C	0.01%
MBAVU	C	0.01%
PRMW	B	0.01%
TS	D	0.01%
FMS	C	0.01%
FUTU	D	0.01%
AEI	D	0.01%
WIX	D	0.01%
PSO	C	0.01%
GRAB	C	0.01%
HAFN	D	0.01%
CYBR	D	0.01%
PDS	D	0.01%
GLPG	D	0.01%
NICE	F	0.01%
ICLR	D	0.01%
TAC	B	0.01%
CLLS	D	0.0%
IAUX	D	0.0%
IPHA	D	0.0%
UBCP	C	0.0%
CSTE	F	0.0%
QIPT	F	0.0%
PIXY	F	0.0%
LSPD	D	0.0%
RENB	F	0.0%
DOOO	F	0.0%
SSBI	F	0.0%
ORLA	C	0.0%
VGR	B	0.0%
VMAR	F	0.0%
MLCO	D	0.0%
ELBM	C	0.0%
ITRN	C	0.0%
NNDM	F	0.0%
ASTL	C	0.0%
KRNT	B	0.0%
SPNS	D	0.0%
FLNG	C	0.0%
MNDY	B	0.0%
TCI	F	0.0%
CSTM	F	0.0%

AVDE Underweight 0 Positions Relative to HDMV

	Symbol	Grade	Weight