HSMV vs. AVRE ETF Comparison

Comparison of First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) to Avantis Real Estate ETF (AVRE)

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

$36.37

Average Daily Volume

1,241

Number of Holdings ^*

196

* may have additional holdings in another (foreign) market

AVRE

Avantis Real Estate ETF

AVRE Description

Avantis Real Estate ETF is an exchange traded fund launched and managed by American Century Investment Management, Inc. The fund invests in the public equity markets across the globe. It invests in the stocks of companies operating across financials, diversified financials, mortgage real estate investment trusts, mortgage reits, real estate, equity real estate investment trusts sectors. The fund invests in growth and value stocks of companies across diversified market capitalizations. It benchmarks the performance of its portfolio against the S&P Global REIT Index. American Century ETF Trust - Avantis Real Estate ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$47.67

Average Daily Volume

32,026

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HSMV	AVRE
30 Days	2.27%	5.96%
60 Days	4.39%	9.76%
90 Days	9.34%	15.83%
12 Months	19.61%	24.30%

20 Overlapping Holdings

Symbol	Grade	Weight in HSMV	Weight in AVRE	Overlap
ADC	C	0.63%	0.39%	0.39%
AMH	C	0.52%	0.69%	0.52%
CTRE	B	0.58%	0.25%	0.25%
CUBE	B	0.78%	0.65%	0.65%
EGP	B	0.56%	0.5%	0.5%
ELS	C	0.59%	0.7%	0.59%
EPRT	A	0.58%	0.36%	0.36%
FCPT	A	0.59%	0.12%	0.12%
FR	C	0.58%	0.39%	0.39%
GLPI	B	0.58%	0.75%	0.58%
IRT	B	0.37%	0.22%	0.22%
LAMR	A	0.46%	0.6%	0.46%
LXP	B	0.72%	0.18%	0.18%
NNN	B	0.57%	0.49%	0.49%
OHI	A	0.62%	0.58%	0.58%
PECO	B	0.55%	0.25%	0.25%
REXR	C	0.53%	0.6%	0.53%
SBRA	B	0.59%	0.14%	0.14%
STAG	C	0.55%	0.39%	0.39%
WPC	B	0.53%	0.64%	0.53%

HSMV Overweight 176 Positions Relative to AVRE

Symbol	Grade	Weight
IDCC	B	0.7%
CVLT	B	0.69%
UTHR	C	0.68%
CPK	B	0.67%
EVR	B	0.67%
HRB	C	0.64%
FAF	B	0.64%
GMED	D	0.64%
SFM	B	0.63%
PLXS	B	0.62%
NMIH	B	0.61%
ENSG	C	0.61%
JEF	B	0.61%
INVA	B	0.6%
BRX	B	0.59%
G	C	0.59%
MTG	B	0.58%
MUSA	C	0.58%
CLH	B	0.58%
AWR	B	0.57%
EXP	B	0.57%
JJSF	C	0.57%
CNO	B	0.57%
NYT	C	0.57%
TTEK	C	0.57%
BCPC	C	0.57%
PRI	B	0.56%
ESNT	B	0.56%
ORI	A	0.56%
DTM	B	0.56%
EXEL	B	0.56%
INGR	A	0.56%
ACHC	C	0.55%
EPR	B	0.55%
CW	B	0.55%
BJ	D	0.55%
EME	B	0.55%
CACI	B	0.55%
FNF	A	0.55%
OGE	B	0.55%
CASY	D	0.55%
LFUS	D	0.55%
NFG	B	0.54%
ROIC	B	0.54%
SWX	C	0.54%
CSL	C	0.54%
KFY	B	0.54%
RDN	B	0.54%
EFC	B	0.54%
PRGS	C	0.54%
CWT	C	0.54%
POR	B	0.53%
USFD	B	0.53%
MAT	C	0.53%
THG	A	0.53%
LII	B	0.53%
UNF	B	0.53%
PNM	B	0.53%
JHG	B	0.53%
MCRI	B	0.52%
OGS	B	0.52%
SR	B	0.52%
VRRM	D	0.52%
WTRG	D	0.52%
SCI	B	0.52%
NWE	A	0.52%
EHC	B	0.52%
MTN	D	0.52%
IDA	B	0.52%
COOP	B	0.52%
BKH	B	0.52%
RPM	B	0.52%
RGA	B	0.52%
RNR	B	0.51%
AIN	D	0.51%
MSGS	B	0.51%
MMS	D	0.51%
RLI	B	0.51%
ALE	A	0.51%
AVA	B	0.51%
POST	C	0.51%
NSIT	C	0.51%
NJR	B	0.51%
PCH	C	0.5%
LOPE	D	0.5%
WERN	D	0.5%
SF	A	0.5%
FHI	A	0.5%
GATX	D	0.5%
SLGN	B	0.5%
AFG	B	0.5%
GPK	B	0.5%
NBIX	F	0.5%
LANC	D	0.5%
LSTR	D	0.49%
VOYA	A	0.49%
MOG.A	B	0.49%
RYN	C	0.49%
SAIC	C	0.49%
WU	D	0.49%
ATR	B	0.49%
WH	B	0.49%
PFGC	B	0.49%
COLM	B	0.49%
AMG	C	0.49%
CBSH	C	0.49%
KEX	C	0.49%
TXRH	D	0.48%
KNX	C	0.48%
AM	B	0.48%
SEIC	B	0.48%
MDU	B	0.48%
ACM	B	0.48%
PBH	B	0.48%
CHH	C	0.48%
CHE	C	0.48%
FSS	D	0.47%
BWXT	D	0.47%
AVT	D	0.47%
ITT	C	0.47%
MIDD	C	0.47%
CRI	C	0.47%
GGG	C	0.47%
EPC	F	0.46%
DCI	D	0.46%
FLS	D	0.46%
FNB	D	0.46%
ARW	C	0.46%
AGO	C	0.46%
FLO	C	0.45%
SON	C	0.45%
CHDN	C	0.45%
WTS	C	0.45%
MAN	C	0.44%
KBR	D	0.44%
RS	D	0.44%
SNX	D	0.44%
FELE	C	0.44%
R	B	0.44%
VVV	D	0.43%
MSA	C	0.43%
NSA	B	0.42%
CRUS	D	0.42%
AGCO	D	0.42%
SIGI	C	0.42%
RGLD	B	0.42%
HXL	F	0.42%
ASH	D	0.42%
PB	B	0.41%
NVT	D	0.41%
TNC	D	0.41%
DLB	D	0.41%
IOSP	D	0.41%
GNTX	F	0.4%
OSK	D	0.4%
MSM	D	0.4%
ENR	F	0.39%
EVTC	D	0.39%
JAZZ	D	0.39%
WEN	C	0.39%
ALV	F	0.37%
LECO	F	0.37%
VNT	D	0.37%
ENOV	F	0.34%
AIR	C	0.33%
ONB	C	0.32%
EXPO	B	0.32%
ABM	D	0.32%
ORA	C	0.32%
CCOI	C	0.31%
FCN	C	0.3%
BLKB	B	0.3%
GO	F	0.25%
PDCO	F	0.23%
PZZA	D	0.22%
LEG	D	0.18%

HSMV Underweight 49 Positions Relative to AVRE

Symbol	Grade	Weight
PLD	C	-6.44%
AMT	C	-6.12%
EQIX	B	-4.65%
WELL	B	-4.34%
PSA	B	-3.18%
O	B	-2.98%
SPG	B	-2.79%
CCI	B	-2.79%
DLR	B	-2.74%
EXR	B	-2.13%
VICI	C	-1.94%
AVB	B	-1.89%
EQR	B	-1.73%
VTR	C	-1.58%
IRM	B	-1.35%
SBAC	C	-1.31%
ESS	B	-1.18%
ARE	B	-1.14%
INVH	C	-1.13%
MAA	B	-1.04%
SUI	B	-0.95%
DOC	C	-0.85%
KIM	B	-0.85%
UDR	B	-0.83%
REG	C	-0.73%
CPT	B	-0.72%
HST	D	-0.64%
FRT	C	-0.53%
COLD	D	-0.46%
TRNO	C	-0.34%
RHP	D	-0.31%
KRG	B	-0.31%
IIPR	B	-0.24%
NHI	A	-0.24%
BNL	B	-0.22%
SKT	B	-0.18%
APLE	D	-0.17%
SHO	D	-0.13%
IVT	B	-0.11%
LTC	B	-0.1%
ALEX	B	-0.08%
UMH	C	-0.08%
GTY	B	-0.08%
NTST	D	-0.07%
DRH	C	-0.05%
CUZ	B	-0.02%
CHCT	F	-0.02%
PSTL	B	-0.01%
UHT	B	-0.0%