FVD vs. HSMV ETF Comparison

Comparison of First Trust VL Dividend (FVD) to First Trust Horizon Managed Volatility Small/Mid ETF (HSMV)

FVD

First Trust VL Dividend

FVD Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Value Line(R) Dividend Index(TM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is a modified equal-dollar weighted index comprised of U.S. exchange-listed securities of companies that pay above-average dividends and have potential for capital appreciation.

Grade (RS Rating)

Last Trade

$46.24

Average Daily Volume

487,998

Number of Holdings ^*

201

* 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	FVD	HSMV
30 Days	1.87%	4.88%
60 Days	2.34%	5.46%
90 Days	4.86%	6.96%
12 Months	22.35%	27.49%

27 Overlapping Holdings

Symbol	Grade	Weight in FVD	Weight in HSMV	Overlap
AWR	B	0.46%	0.72%	0.46%
BKH	A	0.48%	0.9%	0.48%
CBSH	A	0.54%	0.83%	0.54%
CPK	A	0.49%	0.67%	0.49%
CWT	D	0.44%	0.51%	0.44%
DCI	B	0.48%	1.33%	0.48%
DLB	B	0.46%	0.85%	0.46%
DTM	B	0.53%	2.06%	0.53%
FLO	D	0.45%	1.17%	0.45%
G	B	0.54%	0.35%	0.35%
GATX	A	0.54%	0.56%	0.54%
GNTX	C	0.48%	0.99%	0.48%
IDA	A	0.52%	1.65%	0.52%
INGR	B	0.52%	1.65%	0.52%
IOSP	B	0.51%	0.35%	0.35%
JJSF	B	0.46%	0.31%	0.31%
LANC	C	0.5%	0.46%	0.46%
LECO	B	0.48%	0.34%	0.34%
MMS	F	0.43%	0.89%	0.43%
MSM	C	0.48%	0.44%	0.44%
NFG	A	0.45%	1.18%	0.45%
NJR	A	0.47%	1.24%	0.47%
NWE	B	0.46%	1.13%	0.46%
OGS	A	0.47%	0.72%	0.47%
POR	C	0.44%	1.07%	0.44%
SEIC	B	0.52%	1.89%	0.52%
SLGN	A	0.49%	0.68%	0.49%

FVD Overweight 174 Positions Relative to HSMV

Symbol	Grade	Weight
GRMN	B	0.59%
EMR	A	0.54%
GS	A	0.53%
PINC	B	0.53%
RHI	B	0.53%
AIZ	A	0.52%
MS	A	0.52%
BMY	B	0.52%
MO	A	0.52%
XEL	A	0.51%
ETR	B	0.51%
CMI	A	0.51%
IEX	B	0.51%
SNA	A	0.51%
JCI	C	0.51%
SRE	A	0.5%
NSC	B	0.5%
GILD	C	0.5%
WSO	A	0.5%
HLI	B	0.5%
CVX	A	0.5%
CMCSA	B	0.5%
UVV	B	0.5%
PKG	A	0.5%
WERN	C	0.5%
PM	B	0.5%
WTW	B	0.5%
WDFC	B	0.5%
JPM	A	0.5%
ITW	B	0.49%
BLK	C	0.49%
WM	A	0.49%
KR	B	0.49%
NEU	C	0.49%
NDAQ	A	0.49%
CTSH	B	0.49%
TROW	B	0.49%
TXN	C	0.49%
FAST	B	0.49%
CSX	B	0.49%
THG	A	0.49%
DGX	A	0.49%
BK	A	0.48%
OTTR	C	0.48%
CSCO	B	0.48%
CHRW	C	0.48%
TM	D	0.48%
EVRG	A	0.48%
T	A	0.48%
SBUX	A	0.48%
NI	A	0.48%
SCL	C	0.48%
CLX	B	0.48%
PAYX	C	0.48%
SWX	B	0.48%
BTI	B	0.48%
TJX	A	0.48%
UNH	C	0.48%
ADP	B	0.48%
PNW	B	0.48%
BR	A	0.48%
HON	B	0.48%
BRC	D	0.47%
AGR	B	0.47%
ALE	A	0.47%
NWN	A	0.47%
XOM	B	0.47%
EXPD	D	0.47%
UPS	C	0.47%
STZ	D	0.47%
SXT	B	0.47%
NDSN	B	0.47%
PPL	B	0.47%
ATO	A	0.47%
ALL	A	0.47%
MSEX	B	0.47%
AEE	A	0.47%
TGT	F	0.47%
YUM	B	0.47%
EQIX	A	0.47%
SIGI	C	0.47%
UNP	C	0.46%
CNI	D	0.46%
MMM	D	0.46%
INFY	B	0.46%
ABT	B	0.46%
CME	A	0.46%
PG	A	0.46%
TRV	B	0.46%
CAT	B	0.46%
CALM	A	0.46%
SR	A	0.46%
POOL	C	0.46%
K	A	0.46%
MMC	B	0.46%
HD	A	0.46%
TD	F	0.46%
PSA	D	0.46%
LHX	C	0.46%
SNX	C	0.45%
PPG	F	0.45%
TAK	F	0.45%
MKC	D	0.45%
SON	D	0.45%
ACN	C	0.45%
CB	C	0.45%
PEG	A	0.45%
WEC	A	0.45%
HSY	F	0.45%
LNT	A	0.45%
DE	A	0.45%
EIX	B	0.45%
HRL	D	0.45%
CNA	B	0.45%
AFL	B	0.45%
LOW	D	0.45%
JNPR	F	0.45%
SO	D	0.44%
AWK	D	0.44%
AEP	D	0.44%
ADI	D	0.44%
TSCO	D	0.44%
CPB	D	0.44%
GIS	D	0.44%
EXC	C	0.44%
PEP	F	0.44%
BDX	F	0.44%
RTX	C	0.44%
NOC	D	0.44%
MDT	D	0.44%
OTIS	C	0.44%
BAH	F	0.44%
CMS	C	0.44%
WTRG	B	0.44%
MCD	D	0.44%
GD	F	0.44%
DOX	D	0.44%
APD	A	0.44%
CL	D	0.43%
UL	D	0.43%
DUK	C	0.43%
SJM	D	0.43%
MRK	F	0.43%
REYN	D	0.43%
AVY	D	0.43%
AOS	F	0.43%
NKE	D	0.43%
ES	D	0.43%
CAG	D	0.43%
RIO	D	0.43%
MDLZ	F	0.43%
JNJ	D	0.43%
DTE	C	0.43%
TSM	B	0.43%
AMGN	D	0.43%
VZ	C	0.43%
NVS	D	0.42%
KHC	F	0.42%
ED	D	0.42%
PFE	D	0.42%
KO	D	0.42%
GSK	F	0.42%
IBM	C	0.42%
KDP	D	0.42%
SJW	D	0.42%
ABBV	D	0.42%
KMB	D	0.42%
DEO	F	0.41%
LMT	D	0.41%
SNY	F	0.41%
BAX	D	0.4%
AZN	D	0.39%
HMC	F	0.39%
HII	D	0.35%

FVD Underweight 120 Positions Relative to HSMV

Symbol	Grade	Weight
ATR	B	-2.09%
ORI	A	-1.76%
OGE	B	-1.59%
POST	C	-1.56%
CTRE	D	-1.54%
RLI	B	-1.42%
MSGS	A	-1.4%
ADC	B	-1.34%
CACI	D	-1.29%
FHI	A	-1.26%
AMH	D	-1.24%
AM	A	-1.21%
CHE	D	-1.16%
OHI	C	-1.08%
AFG	A	-1.08%
GGG	B	-1.06%
NNN	D	-1.01%
GLPI	C	-0.99%
NYT	C	-0.95%
EHC	B	-0.9%
FCPT	C	-0.86%
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%
SF	B	-0.72%
RPM	A	-0.68%
RNR	C	-0.67%
CW	B	-0.67%
RGA	A	-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%
ACM	A	-0.57%
FELE	B	-0.56%
CHH	A	-0.56%
MTG	C	-0.55%
SBRA	C	-0.55%
COLM	B	-0.55%
NMIH	D	-0.55%
RS	B	-0.54%
BCPC	B	-0.53%
FLS	B	-0.52%
FNF	B	-0.51%
EPC	D	-0.49%
AVT	C	-0.49%
FCN	D	-0.49%
BRX	A	-0.48%
BWXT	B	-0.48%
MUSA	A	-0.47%
JEF	A	-0.46%
PFGC	B	-0.45%
FR	C	-0.45%
CHDN	B	-0.45%
ARW	D	-0.45%
PB	A	-0.45%
CNO	A	-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%
GPK	C	-0.36%
ABM	B	-0.36%
BJ	A	-0.36%
COOP	B	-0.35%
SAIC	F	-0.35%
LXP	D	-0.34%
RGLD	C	-0.34%
EVR	B	-0.34%
JAZZ	B	-0.33%
CSL	C	-0.33%
MAN	D	-0.32%
KEX	C	-0.31%
AGCO	D	-0.31%
ONB	B	-0.31%
R	B	-0.3%
KFY	B	-0.29%
MTN	C	-0.29%
ALV	C	-0.29%
MIDD	C	-0.28%
EVTC	B	-0.28%
OSK	B	-0.28%
ORA	B	-0.27%
PLXS	B	-0.27%
CASY	A	-0.26%
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%