DFVE vs. HSMV ETF Comparison

Comparison of DoubleLine Fortune 500 Equal Weight ETF (DFVE) to First Trust Horizon Managed Volatility Small/Mid ETF (HSMV)

DFVE

DoubleLine Fortune 500 Equal Weight ETF

DFVE Description

Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that comprise the underlying index, or derivatives transactions that provide investment exposure to the underlying index or securities that comprise the underlying index. The fund will concentrate its investments in securities of issuers in any one industry or group of industries to the extent that the underlying index reflects a concentration in that industry or group of industries.

Grade (RS Rating)

Last Trade

$30.21

Average Daily Volume

1,621

Number of Holdings ^*

455

* 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

$38.50

Average Daily Volume

1,335

Number of Holdings ^*

147

* may have additional holdings in another (foreign) market

Performance

Period	DFVE	HSMV
30 Days	4.75%	4.88%
60 Days	5.52%	5.46%
90 Days	7.18%	6.96%
12 Months		27.49%

23 Overlapping Holdings

Symbol	Grade	Weight in DFVE	Weight in HSMV	Overlap
ABM	B	0.21%	0.36%	0.21%
ACM	A	0.24%	0.57%	0.24%
AFG	A	0.22%	1.08%	0.22%
AGCO	D	0.22%	0.31%	0.22%
ALV	C	0.2%	0.29%	0.2%
ARW	D	0.18%	0.45%	0.18%
AVT	C	0.2%	0.49%	0.2%
BJ	A	0.25%	0.36%	0.25%
CASY	A	0.24%	0.26%	0.24%
FNF	B	0.21%	0.51%	0.21%
GPK	C	0.2%	0.36%	0.2%
INGR	B	0.22%	1.65%	0.22%
JEF	A	0.27%	0.46%	0.27%
MAN	D	0.17%	0.32%	0.17%
MUSA	A	0.21%	0.47%	0.21%
ORI	A	0.22%	1.76%	0.22%
OSK	B	0.21%	0.28%	0.21%
PFGC	B	0.24%	0.45%	0.24%
R	B	0.24%	0.3%	0.24%
RGA	A	0.22%	0.67%	0.22%
RPM	A	0.24%	0.68%	0.24%
RS	B	0.23%	0.54%	0.23%
SAIC	F	0.19%	0.35%	0.19%

DFVE Overweight 432 Positions Relative to HSMV

Symbol	Grade	Weight
UAL	A	0.45%
VST	B	0.39%
TSLA	B	0.35%
CVNA	B	0.35%
UNFI	A	0.33%
IBKR	A	0.31%
DAL	C	0.31%
LUMN	C	0.31%
ALK	C	0.3%
LPLA	A	0.3%
KD	B	0.29%
BKNG	A	0.29%
YUMC	C	0.29%
DASH	A	0.29%
TRGP	B	0.29%
LYV	A	0.29%
UNM	A	0.28%
SQ	B	0.28%
AAL	B	0.28%
ORCL	B	0.28%
ATUS	C	0.28%
RJF	A	0.28%
AA	B	0.28%
EME	C	0.27%
WBD	C	0.27%
EXPE	B	0.27%
DELL	C	0.27%
DFS	B	0.27%
MS	A	0.27%
WMB	A	0.27%
WFC	A	0.27%
CRM	B	0.27%
SYF	B	0.27%
KMI	A	0.27%
PWR	A	0.26%
SCHW	B	0.26%
SNEX	B	0.26%
BECN	B	0.26%
NOW	A	0.26%
NWL	B	0.26%
ETR	B	0.26%
FI	A	0.26%
MTZ	B	0.26%
NFLX	A	0.26%
WCC	B	0.26%
WSM	B	0.26%
LAD	A	0.26%
DIS	B	0.26%
COF	B	0.26%
CEG	D	0.26%
LVS	C	0.26%
XPO	B	0.26%
OKE	A	0.26%
MTB	A	0.26%
AMP	A	0.26%
NVDA	C	0.25%
HBAN	A	0.25%
PCAR	B	0.25%
LNG	B	0.25%
CHWY	B	0.25%
JBL	B	0.25%
OC	A	0.25%
LULU	C	0.25%
INTC	D	0.25%
NTRS	A	0.25%
SATS	D	0.25%
GXO	B	0.25%
MAR	B	0.25%
GWW	B	0.25%
FAST	B	0.25%
JBLU	F	0.25%
IP	B	0.25%
CAR	C	0.25%
EMR	A	0.25%
BKR	B	0.25%
HTZ	C	0.25%
AXP	A	0.24%
NRG	B	0.24%
TRV	B	0.24%
SRE	A	0.24%
UGI	A	0.24%
HLT	A	0.24%
BLK	C	0.24%
KEY	B	0.24%
CSCO	B	0.24%
XEL	A	0.24%
DE	A	0.24%
VMC	B	0.24%
BAC	A	0.24%
USFD	A	0.24%
T	A	0.24%
RF	A	0.24%
ABNB	C	0.24%
VOYA	B	0.24%
PH	A	0.24%
ALB	C	0.24%
CNP	B	0.24%
HPE	B	0.24%
CBRE	B	0.24%
GM	B	0.24%
WSO	A	0.24%
GS	A	0.24%
PYPL	B	0.24%
BMY	B	0.24%
WMT	A	0.24%
BK	A	0.24%
WAB	B	0.24%
APD	A	0.24%
PKG	A	0.24%
FCNCA	A	0.24%
STLD	B	0.24%
CMI	A	0.24%
CHTR	C	0.23%
EA	A	0.23%
LUV	C	0.23%
APH	A	0.23%
CFG	B	0.23%
KNX	B	0.23%
JPM	A	0.23%
CTAS	B	0.23%
FLR	B	0.23%
CMG	B	0.23%
ISRG	A	0.23%
GT	C	0.23%
BSX	B	0.23%
ADP	B	0.23%
DOV	A	0.23%
CAT	B	0.23%
IBM	C	0.23%
MCK	B	0.23%
GNW	A	0.23%
VTRS	A	0.23%
TAP	C	0.23%
V	A	0.23%
KR	B	0.23%
USB	A	0.23%
MET	A	0.23%
GPI	A	0.23%
EQH	B	0.23%
ARMK	B	0.23%
C	A	0.23%
STT	A	0.23%
SANM	B	0.23%
FITB	A	0.23%
FOXA	B	0.23%
GILD	C	0.23%
MSI	B	0.23%
HD	A	0.23%
CMC	B	0.23%
PNC	B	0.23%
AEE	A	0.23%
EQIX	A	0.23%
MNST	C	0.23%
AMZN	C	0.23%
PEG	A	0.23%
AIZ	A	0.23%
CINF	A	0.23%
GLW	B	0.23%
URI	B	0.23%
WDC	D	0.22%
HSIC	B	0.22%
FIS	C	0.22%
JBHT	C	0.22%
BURL	A	0.22%
PM	B	0.22%
JWN	C	0.22%
LHX	C	0.22%
UPS	C	0.22%
NWSA	B	0.22%
PFG	D	0.22%
OVV	B	0.22%
TMHC	B	0.22%
SAH	A	0.22%
DRI	B	0.22%
MO	A	0.22%
PGR	A	0.22%
WM	A	0.22%
SHW	A	0.22%
PRU	A	0.22%
NSC	B	0.22%
PVH	C	0.22%
LOW	D	0.22%
MKL	A	0.22%
DXC	B	0.22%
SYK	C	0.22%
CTVA	C	0.22%
CLX	B	0.22%
HES	B	0.22%
VFC	C	0.22%
OTIS	C	0.22%
MU	D	0.22%
EBAY	D	0.22%
HPQ	B	0.22%
MA	C	0.22%
DVA	B	0.22%
CARR	D	0.22%
COST	B	0.22%
GAP	C	0.22%
META	D	0.22%
SBUX	A	0.22%
ABG	B	0.22%
ORLY	B	0.22%
ROK	B	0.22%
ALL	A	0.22%
WEC	A	0.22%
CAH	B	0.22%
ITW	B	0.22%
TFC	A	0.22%
PPL	B	0.22%
WHR	B	0.22%
PCG	A	0.22%
LNC	B	0.22%
CVX	A	0.22%
UFPI	B	0.22%
CMCSA	B	0.22%
CPNG	D	0.22%
TOL	B	0.22%
HON	B	0.22%
BEN	C	0.22%
FDX	B	0.21%
MGM	D	0.21%
NUE	C	0.21%
K	A	0.21%
SPGI	C	0.21%
HAL	C	0.21%
CVS	D	0.21%
DUK	C	0.21%
WDAY	B	0.21%
BRK.A	B	0.21%
INTU	C	0.21%
EXC	C	0.21%
SO	D	0.21%
TSCO	D	0.21%
PARA	C	0.21%
GOOGL	C	0.21%
X	C	0.21%
BLDR	D	0.21%
WY	D	0.21%
XOM	B	0.21%
AFL	B	0.21%
CMS	C	0.21%
COR	B	0.21%
CTSH	B	0.21%
TJX	A	0.21%
PG	A	0.21%
JLL	D	0.21%
D	C	0.21%
OMC	C	0.21%
GE	D	0.21%
CHRW	C	0.21%
LH	C	0.21%
M	D	0.21%
CCK	C	0.21%
EMN	D	0.21%
AJG	B	0.21%
VZ	C	0.21%
HIG	B	0.21%
EOG	A	0.21%
W	F	0.21%
ABT	B	0.21%
AVGO	D	0.21%
DGX	A	0.21%
LDOS	C	0.21%
THO	B	0.21%
RSG	A	0.21%
WRB	A	0.21%
GPN	B	0.21%
CSX	B	0.21%
L	A	0.21%
BERY	B	0.21%
PBF	D	0.2%
AN	C	0.2%
NOC	D	0.2%
ZBH	C	0.2%
ROST	C	0.2%
FE	C	0.2%
PAG	B	0.2%
ACI	C	0.2%
ZTS	D	0.2%
MMM	D	0.2%
KMB	D	0.2%
COP	C	0.2%
SYY	B	0.2%
GEHC	F	0.2%
PSX	C	0.2%
ED	D	0.2%
SNX	C	0.2%
ECL	D	0.2%
AEP	D	0.2%
UBER	D	0.2%
TSN	B	0.2%
RTX	C	0.2%
EXPD	D	0.2%
BBWI	D	0.2%
VLO	C	0.2%
PHM	D	0.2%
BALL	D	0.2%
SJM	D	0.2%
ICE	C	0.2%
AIG	B	0.2%
FCX	D	0.2%
MAS	D	0.2%
AAPL	C	0.2%
STZ	D	0.2%
EIX	B	0.2%
WKC	D	0.2%
DD	D	0.2%
DTE	C	0.2%
UNH	C	0.2%
CZR	F	0.2%
MSFT	F	0.2%
MCD	D	0.2%
BWA	D	0.2%
MMC	B	0.2%
OI	C	0.2%
F	C	0.2%
GIS	D	0.19%
ODP	F	0.19%
MDLZ	F	0.19%
LRCX	F	0.19%
IPG	D	0.19%
HSY	F	0.19%
J	F	0.19%
CI	F	0.19%
AMT	D	0.19%
ON	D	0.19%
NVR	D	0.19%
VRTX	F	0.19%
ULTA	F	0.19%
CPB	D	0.19%
LKQ	D	0.19%
AVY	D	0.19%
NOV	C	0.19%
PLD	D	0.19%
MPC	D	0.19%
QCOM	F	0.19%
NKE	D	0.19%
BDX	F	0.19%
CLF	F	0.19%
XYL	D	0.19%
ADI	D	0.19%
WBA	F	0.19%
SIRI	C	0.19%
LEN	D	0.19%
FANG	D	0.19%
DK	C	0.19%
PEP	F	0.19%
TXN	C	0.19%
JNJ	D	0.19%
TXT	D	0.19%
AZO	C	0.19%
GD	F	0.19%
BAH	F	0.19%
ES	D	0.19%
AMD	F	0.19%
PPG	F	0.19%
ANDE	D	0.19%
UNP	C	0.19%
NEE	D	0.19%
HRL	D	0.19%
KMX	B	0.19%
LMT	D	0.19%
KSS	F	0.18%
BA	F	0.18%
SPTN	D	0.18%
DG	F	0.18%
BAX	D	0.18%
ADM	D	0.18%
DHI	D	0.18%
DVN	F	0.18%
SWK	D	0.18%
GPC	D	0.18%
THC	D	0.18%
AAP	C	0.18%
DHR	F	0.18%
IFF	D	0.18%
CAG	D	0.18%
ALLY	C	0.18%
KO	D	0.18%
AMGN	D	0.18%
DINO	D	0.18%
DKS	C	0.18%
PFE	D	0.18%
SKX	D	0.18%
WLK	D	0.18%
CL	D	0.18%
BBY	D	0.18%
MHK	D	0.18%
KHC	F	0.18%
ADBE	C	0.18%
KDP	D	0.18%
OXY	D	0.18%
MOS	F	0.18%
ABBV	D	0.18%
AMAT	F	0.18%
SEB	F	0.17%
TGT	F	0.17%
NEM	D	0.17%
MCHP	D	0.17%
HCA	F	0.17%
AMRK	F	0.17%
MOH	F	0.17%
TMO	F	0.17%
UHS	D	0.17%
LEA	D	0.17%
MRK	F	0.17%
DOW	F	0.17%
HUM	C	0.17%
DAN	D	0.16%
OMI	F	0.16%
CNC	D	0.16%
EL	F	0.16%
BIIB	F	0.16%
APA	D	0.16%
DLTR	F	0.16%
LLY	F	0.16%
IQV	D	0.16%
CDW	F	0.16%
KLAC	D	0.16%
PII	D	0.16%
PARR	D	0.16%
ELV	F	0.15%
SMCI	F	0.15%
FL	F	0.15%
AES	F	0.15%
CYH	F	0.14%
NSIT	F	0.14%
HII	D	0.14%
REGN	F	0.13%
QRTEA	F	0.13%
CE	F	0.12%
CNXC	F	0.12%

DFVE Underweight 124 Positions Relative to HSMV

Symbol	Grade	Weight
ATR	B	-2.09%
DTM	B	-2.06%
SEIC	B	-1.89%
IDA	A	-1.65%
OGE	B	-1.59%
POST	C	-1.56%
CTRE	D	-1.54%
RLI	B	-1.42%
MSGS	A	-1.4%
ADC	B	-1.34%
DCI	B	-1.33%
CACI	D	-1.29%
FHI	A	-1.26%
AMH	D	-1.24%
NJR	A	-1.24%
AM	A	-1.21%
NFG	A	-1.18%
FLO	D	-1.17%
CHE	D	-1.16%
NWE	B	-1.13%
OHI	C	-1.08%
POR	C	-1.07%
GGG	B	-1.06%
NNN	D	-1.01%
GNTX	C	-0.99%
GLPI	C	-0.99%
NYT	C	-0.95%
BKH	A	-0.9%
EHC	B	-0.9%
MMS	F	-0.89%
FCPT	C	-0.86%
DLB	B	-0.85%
CBSH	A	-0.83%
ELS	C	-0.81%
MSA	D	-0.8%
EPR	D	-0.79%
PRI	A	-0.78%
IDCC	A	-0.77%
AVA	A	-0.76%
LSTR	D	-0.76%
PBH	A	-0.76%
EFC	C	-0.76%
KBR	F	-0.75%
PECO	A	-0.74%
LOPE	B	-0.74%
ENSG	D	-0.73%
AWR	B	-0.72%
OGS	A	-0.72%
SF	B	-0.72%
SLGN	A	-0.68%
RNR	C	-0.67%
CPK	A	-0.67%
CW	B	-0.67%
AGO	B	-0.67%
ESNT	D	-0.67%
JHG	A	-0.66%
EPRT	B	-0.65%
MDU	D	-0.64%
AMG	B	-0.63%
CDP	C	-0.63%
EGP	F	-0.63%
SCI	B	-0.62%
PRGS	A	-0.58%
FELE	B	-0.56%
GATX	A	-0.56%
CHH	A	-0.56%
MTG	C	-0.55%
SBRA	C	-0.55%
COLM	B	-0.55%
NMIH	D	-0.55%
BCPC	B	-0.53%
FLS	B	-0.52%
CWT	D	-0.51%
EPC	D	-0.49%
FCN	D	-0.49%
BRX	A	-0.48%
BWXT	B	-0.48%
LANC	C	-0.46%
FR	C	-0.45%
CHDN	B	-0.45%
PB	A	-0.45%
CNO	A	-0.44%
MSM	C	-0.44%
LAMR	D	-0.43%
ENR	B	-0.43%
RYN	D	-0.42%
BLKB	B	-0.41%
RDN	C	-0.4%
FAF	A	-0.4%
FNB	A	-0.38%
ITT	A	-0.38%
CLH	B	-0.38%
EXEL	B	-0.38%
ASH	D	-0.36%
COOP	B	-0.35%
G	B	-0.35%
IOSP	B	-0.35%
LXP	D	-0.34%
RGLD	C	-0.34%
EVR	B	-0.34%
LECO	B	-0.34%
JAZZ	B	-0.33%
CSL	C	-0.33%
KEX	C	-0.31%
JJSF	B	-0.31%
ONB	B	-0.31%
KFY	B	-0.29%
MTN	C	-0.29%
MIDD	C	-0.28%
EVTC	B	-0.28%
ORA	B	-0.27%
PLXS	B	-0.27%
LII	A	-0.26%
HRB	D	-0.26%
FSS	B	-0.24%
LFUS	F	-0.24%
CUBE	D	-0.24%
AIN	C	-0.24%
IRT	A	-0.23%
HXL	D	-0.22%
CRI	D	-0.21%
REXR	F	-0.2%
PCH	D	-0.19%
NSA	D	-0.13%