HSMV vs. ABCS ETF Comparison

Comparison of First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) to Alpha Blue Capital US Small-Mid Cap Dynamic ETF (ABCS)

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

$37.50

Average Daily Volume

1,339

Number of Holdings ^*

147

* may have additional holdings in another (foreign) market

ABCS

Alpha Blue Capital US Small-Mid Cap Dynamic ETF

ABCS Description

The fund is an actively managed ETF that seeks to achieve its investment objective by investing in a blend of domestic equity securities of small- and mid- capitalization companies and ETFs that provide broad exposure to domestic equity securities of small- and mid- capitalization companies. As it relates to the fund"s investments, a domestic equity security means common equity securities of companies domiciled and having their principal place of business in the U.S. and are traded on a major U.S. stock exchange and shares of ETFs that invest primarily in domestic equity securities.

Grade (RS Rating)

Last Trade

$29.26

Average Daily Volume

1,982

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

Performance

Period	HSMV	ABCS
30 Days	0.45%	2.13%
60 Days	2.77%	4.01%
90 Days	6.22%	8.40%
12 Months	24.59%

11 Overlapping Holdings

Symbol	Grade	Weight in HSMV	Weight in ABCS	Overlap
AGCO	D	0.29%	0.46%	0.29%
AGO	A	0.64%	0.52%	0.52%
ARW	D	0.46%	0.61%	0.46%
EFC	C	0.75%	0.46%	0.46%
ESNT	D	0.66%	0.27%	0.27%
FAF	C	0.38%	0.42%	0.38%
GPK	D	0.36%	1.39%	0.36%
IDCC	A	0.77%	0.43%	0.43%
JEF	A	0.45%	0.44%	0.44%
RGA	A	0.65%	0.5%	0.5%
RNR	D	0.66%	0.64%	0.64%

HSMV Overweight 136 Positions Relative to ABCS

Symbol	Grade	Weight
ATR	B	2.16%
DTM	A	1.97%
SEIC	A	1.86%
INGR	B	1.74%
ORI	A	1.69%
CACI	C	1.62%
IDA	A	1.59%
OGE	A	1.57%
CTRE	D	1.53%
POST	D	1.53%
MSGS	B	1.41%
RLI	A	1.38%
DCI	B	1.34%
ADC	A	1.29%
FHI	A	1.23%
AMH	C	1.21%
AM	A	1.19%
NJR	A	1.19%
CHE	D	1.15%
NFG	A	1.14%
FLO	D	1.12%
OHI	C	1.11%
NWE	C	1.09%
AFG	A	1.08%
POR	C	1.06%
GGG	A	1.02%
MMS	D	1.01%
NNN	C	0.99%
GNTX	D	0.98%
NYT	D	0.97%
GLPI	C	0.96%
EHC	B	0.92%
KBR	D	0.91%
DLB	D	0.88%
BKH	A	0.87%
FCPT	C	0.82%
ELS	B	0.81%
MSA	D	0.81%
CBSH	A	0.81%
EPR	D	0.79%
LSTR	D	0.78%
PRI	A	0.76%
LOPE	B	0.76%
ENSG	D	0.75%
PBH	A	0.74%
PECO	A	0.73%
SF	A	0.73%
AWR	A	0.72%
CW	B	0.72%
AVA	C	0.72%
OGS	A	0.69%
CDP	C	0.67%
SLGN	A	0.66%
RPM	A	0.66%
JHG	A	0.65%
CPK	A	0.64%
EGP	D	0.63%
EPRT	C	0.63%
AMG	A	0.62%
SCI	A	0.61%
MDU	D	0.61%
PRGS	B	0.59%
SBRA	C	0.58%
FELE	B	0.57%
ACM	B	0.57%
GATX	A	0.56%
COLM	B	0.55%
RS	B	0.55%
CHH	A	0.55%
MTG	C	0.54%
NMIH	D	0.54%
BCPC	B	0.53%
FLS	A	0.52%
CWT	D	0.51%
FCN	F	0.5%
AVT	C	0.5%
LANC	D	0.49%
FNF	C	0.49%
EPC	D	0.49%
BRX	A	0.47%
MSM	D	0.47%
BWXT	A	0.47%
MUSA	A	0.46%
CHDN	C	0.45%
PFGC	B	0.45%
CNO	A	0.44%
SAIC	D	0.44%
PB	A	0.44%
FR	D	0.44%
LAMR	D	0.43%
BLKB	C	0.42%
ENR	A	0.42%
RYN	D	0.41%
CLH	C	0.4%
RDN	D	0.39%
EXEL	B	0.39%
ITT	A	0.38%
FNB	A	0.38%
BJ	B	0.37%
ABM	B	0.37%
EVR	B	0.36%
G	A	0.36%
ASH	F	0.36%
IOSP	C	0.36%
JAZZ	B	0.35%
LXP	D	0.35%
COOP	B	0.35%
LECO	C	0.35%
JJSF	C	0.33%
RGLD	A	0.33%
CSL	C	0.33%
MAN	F	0.32%
ONB	B	0.32%
KEX	A	0.31%
R	B	0.3%
OSK	B	0.29%
MTN	C	0.29%
ALV	C	0.29%
KFY	B	0.29%
MIDD	C	0.28%
EVTC	C	0.28%
PLXS	B	0.27%
ORA	B	0.27%
HRB	D	0.26%
LFUS	D	0.25%
CASY	B	0.25%
LII	A	0.25%
CUBE	C	0.24%
AIN	C	0.24%
HXL	F	0.23%
FSS	B	0.23%
IRT	A	0.22%
CRI	F	0.21%
PCH	D	0.19%
REXR	F	0.19%
NSA	C	0.13%

HSMV Underweight 91 Positions Relative to ABCS

Symbol	Grade	Weight
VOE	A	-10.03%
VBR	B	-9.82%
GPN	B	-2.09%
EXPE	A	-1.85%
LPLA	A	-1.67%
LAD	A	-1.6%
LYV	A	-1.49%
KVUE	A	-1.47%
CTVA	D	-1.41%
CNC	F	-1.37%
MOH	F	-1.31%
DOCU	B	-1.16%
SLM	A	-1.03%
AMP	A	-0.96%
ET	A	-0.96%
WCC	B	-0.91%
FANG	C	-0.9%
NOMD	D	-0.88%
DFS	B	-0.87%
BYD	B	-0.84%
VLO	C	-0.81%
COF	B	-0.8%
GTLS	A	-0.78%
HUM	D	-0.74%
HOG	D	-0.74%
WH	B	-0.73%
ZBH	C	-0.73%
LNG	A	-0.72%
MOS	D	-0.69%
WTFC	A	-0.68%
BIIB	F	-0.67%
ZM	B	-0.67%
EG	D	-0.66%
HAL	C	-0.64%
CWK	B	-0.64%
CVS	D	-0.63%
SNX	C	-0.63%
PYPL	A	-0.62%
DAL	A	-0.6%
BK	A	-0.6%
ALK	A	-0.59%
USB	A	-0.57%
NCLH	B	-0.56%
VTRS	A	-0.54%
TPX	A	-0.54%
FLEX	B	-0.54%
WKC	D	-0.54%
TAP	B	-0.54%
NTRS	A	-0.54%
TFC	A	-0.53%
ALSN	A	-0.52%
AXS	A	-0.52%
ICLR	F	-0.52%
HBI	A	-0.51%
LYFT	B	-0.5%
EQR	C	-0.5%
JLL	C	-0.48%
OTIS	C	-0.47%
ULTA	F	-0.46%
NVST	C	-0.45%
AEP	C	-0.45%
STWD	C	-0.44%
BECN	A	-0.44%
BMRN	F	-0.44%
MTH	D	-0.43%
WU	F	-0.43%
AGM	B	-0.43%
USPH	C	-0.42%
SJM	D	-0.42%
RWT	D	-0.41%
CAR	C	-0.4%
TER	F	-0.39%
SKX	F	-0.38%
MAT	D	-0.38%
KR	B	-0.37%
OLN	F	-0.36%
AAP	C	-0.36%
CRL	D	-0.35%
EWBC	A	-0.35%
EFX	F	-0.34%
IGT	F	-0.32%
PSX	C	-0.29%
PLAB	D	-0.29%
MKTX	D	-0.29%
NXST	D	-0.28%
MCHP	F	-0.27%
SIRI	D	-0.27%
AMN	F	-0.26%
BCO	F	-0.25%
QRVO	F	-0.22%
FSLR	D	-0.2%