HDMV vs. VEA ETF Comparison

Comparison of First Trust Horizon Managed Volatility Developed International ETF (HDMV) to Vanguard FTSE Developed Markets ETF (VEA)

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

$30.88

Average Daily Volume

8,913

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VEA

Vanguard FTSE Developed Markets ETF

VEA Description

The investment seeks to provide a tax-efficient investment return consisting of long-term capital appreciation. The fund purchases stocks included in the FTSE Developed ex North America Index, which includes approximately 1,385 common stocks of companies located in developed countries of Europe, Australia, Asia, and the Far East. It uses statistical methods to "sample" the index, aiming to closely track its investment performance while limiting investments in Index securities that have undesirable tax characteristics in an attempt to minimize taxable income distributions.

Grade (RS Rating)

Last Trade

$52.17

Average Daily Volume

7,762,571

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HDMV	VEA
30 Days	-0.63%	1.94%
60 Days	8.06%	9.90%
90 Days	8.19%	3.63%
12 Months	19.79%	25.39%

5 Overlapping Holdings

Symbol	Grade	Weight in HDMV	Weight in VEA	Overlap
ABBV	C	0.37%	0.37%	0.37%
E	C	0.39%	0.15%	0.15%
NVS	D	0.87%	1.01%	0.87%
QGEN	F	0.54%	0.04%	0.04%
UL	D	1.5%	0.66%	0.66%

HDMV Overweight 2 Positions Relative to VEA

	Symbol	Grade	Weight
	CCEP	C	0.74%
	CHKP	A	0.71%

HDMV Underweight 23 Positions Relative to VEA

Symbol	Grade	Weight
TM	D	-0.93%
SONY	C	-0.48%
MUFG	D	-0.47%
TD	B	-0.43%
SHOP	B	-0.36%
SMFG	D	-0.34%
DEO	C	-0.3%
CNI	D	-0.27%
HMC	D	-0.22%
MFG	B	-0.22%
WCN	D	-0.2%
LYG	C	-0.2%
BCS	B	-0.19%
FLUT	B	-0.16%
GOLD	C	-0.15%
STLA	F	-0.14%
SW	C	-0.1%
SHG	D	-0.09%
KB	D	-0.09%
NMR	F	-0.07%
LOGI	D	-0.06%
XRX	D	-0.06%
RBA	D	-0.06%