HSMV vs. COWZ ETF Comparison

Comparison of First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) to Pacer US Cash Cows 100 ETF (COWZ)

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

$36.39

Average Daily Volume

1,160

Number of Holdings ^*

146

* may have additional holdings in another (foreign) market

COWZ

Pacer US Cash Cows 100 ETF

COWZ Description

The investment seeks to track the total return performance, before fees and expenses, of the Pacer US Small Cap Cash Cows Index (the "index"). Under normal circumstances, at least 80% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in the component securities of the index. The index uses an objective, rules-based methodology to provide exposure to small-capitalization U.S. companies with high free cash flow yields. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$58.37

Average Daily Volume

1,767,973

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	HSMV	COWZ
30 Days	1.88%	3.51%
60 Days	7.16%	8.47%
90 Days	10.13%	9.29%
12 Months	25.86%	22.52%

12 Overlapping Holdings

Symbol	Grade	Weight in HSMV	Weight in COWZ	Overlap
AGCO	D	0.33%	0.79%	0.33%
AM	A	1.2%	0.37%	0.37%
ARW	C	0.54%	1.09%	0.54%
ASH	F	0.42%	0.3%	0.3%
COLM	B	0.56%	0.57%	0.56%
CRI	D	0.28%	0.3%	0.28%
HRB	C	0.28%	0.56%	0.28%
INGR	B	1.67%	0.87%	0.87%
JAZZ	F	0.31%	0.9%	0.31%
MAN	D	0.38%	0.26%	0.26%
MIDD	D	0.29%	0.64%	0.29%
MSM	D	0.47%	0.31%	0.31%

HSMV Overweight 134 Positions Relative to COWZ

Symbol	Grade	Weight
ATR	A	2.04%
ORI	A	1.7%
POST	C	1.7%
SEIC	B	1.65%
DTM	A	1.62%
CTRE	C	1.6%
OGE	C	1.53%
CACI	A	1.48%
IDA	D	1.46%
MSGS	A	1.37%
ADC	C	1.33%
DCI	B	1.33%
AMH	D	1.31%
CHE	D	1.29%
RLI	A	1.28%
FLO	D	1.26%
NJR	C	1.22%
NWE	C	1.18%
NNN	C	1.16%
NFG	A	1.15%
FHI	A	1.14%
OHI	C	1.13%
POR	D	1.11%
AFG	A	1.08%
GNTX	D	1.06%
MMS	C	1.06%
GGG	C	1.04%
GLPI	C	1.04%
NYT	C	1.02%
MDU	C	0.97%
DLB	D	0.93%
EHC	C	0.91%
FCPT	C	0.9%
EPR	C	0.89%
BKH	C	0.89%
MSA	F	0.87%
KBR	A	0.85%
ELS	D	0.83%
EFC	D	0.83%
LSTR	F	0.78%
ESNT	A	0.78%
AVA	D	0.77%
ENSG	D	0.77%
PECO	C	0.72%
PRI	A	0.71%
AWR	B	0.71%
CBSH	D	0.71%
OGS	C	0.71%
RNR	A	0.7%
EGP	D	0.7%
EPRT	C	0.68%
PBH	D	0.68%
LOPE	D	0.67%
SLGN	B	0.66%
CPK	C	0.65%
RGA	B	0.65%
RPM	A	0.63%
CW	A	0.63%
NMIH	B	0.61%
AMG	B	0.61%
AGO	B	0.6%
SF	A	0.6%
FCN	C	0.59%
IDCC	A	0.59%
PRGS	A	0.59%
SCI	D	0.58%
JHG	A	0.58%
FELE	C	0.57%
SBRA	C	0.57%
MTG	A	0.57%
ACM	A	0.56%
BCPC	C	0.54%
CWT	D	0.54%
RS	D	0.52%
AVT	B	0.52%
FNF	C	0.52%
EPC	F	0.52%
CHH	A	0.52%
GATX	F	0.51%
FR	D	0.48%
FLS	A	0.47%
LANC	F	0.47%
LAMR	C	0.46%
MUSA	D	0.46%
BRX	C	0.46%
RYN	C	0.45%
CHDN	C	0.44%
PFGC	A	0.43%
BWXT	A	0.42%
BLKB	C	0.42%
FAF	C	0.41%
SAIC	A	0.41%
RDN	D	0.41%
PB	D	0.4%
JEF	A	0.39%
CLH	B	0.39%
ENR	B	0.39%
CNO	B	0.39%
ITT	C	0.38%
LXP	D	0.38%
GPK	D	0.38%
RGLD	C	0.35%
ABM	D	0.35%
IOSP	F	0.35%
BJ	B	0.35%
CSL	A	0.34%
FNB	D	0.33%
JJSF	C	0.33%
COOP	B	0.33%
LECO	D	0.33%
MTN	D	0.31%
G	A	0.31%
EXEL	B	0.3%
KEX	C	0.3%
EVR	C	0.3%
ALV	F	0.28%
ONB	D	0.28%
KFY	C	0.28%
CUBE	C	0.27%
LFUS	C	0.27%
EVTC	D	0.27%
R	C	0.27%
LII	C	0.26%
ORA	C	0.26%
OSK	F	0.26%
AIN	F	0.26%
FSS	D	0.25%
HXL	F	0.24%
PLXS	A	0.24%
REXR	D	0.24%
CASY	D	0.24%
IRT	D	0.23%
PCH	C	0.21%
NSA	D	0.15%

HSMV Underweight 88 Positions Relative to COWZ

Symbol	Grade	Weight
ABNB	D	-2.19%
HPE	B	-2.17%
NUE	D	-2.06%
QCOM	D	-2.04%
HPQ	B	-2.04%
CVX	B	-1.99%
EOG	B	-1.98%
BMY	A	-1.97%
T	B	-1.97%
HAL	D	-1.94%
LEN	C	-1.94%
FANG	D	-1.93%
COP	D	-1.91%
VLO	F	-1.9%
EXPE	B	-1.89%
CAH	B	-1.87%
MPC	D	-1.87%
ADM	F	-1.87%
DVN	F	-1.85%
MO	D	-1.82%
MRO	B	-1.57%
BLDR	C	-1.56%
DINO	F	-1.51%
ZM	B	-1.49%
CAG	D	-1.37%
SWKS	F	-1.3%
CLF	D	-1.27%
OC	C	-1.25%
WSM	C	-1.24%
TAP	D	-1.13%
MTZ	A	-1.12%
TPR	B	-1.11%
FOXA	B	-1.05%
GAP	F	-1.03%
SMG	C	-1.02%
SNA	C	-1.02%
OVV	D	-1.01%
JBL	C	-1.0%
DXC	C	-0.94%
ADTN	C	-0.89%
RL	B	-0.86%
CROX	C	-0.83%
SNX	C	-0.82%
WCC	D	-0.81%
MTCH	B	-0.81%
DOCU	A	-0.8%
UTHR	C	-0.78%
DBX	C	-0.76%
FTI	B	-0.76%
CNM	F	-0.75%
MAT	B	-0.72%
TWLO	B	-0.72%
SKX	B	-0.68%
CHRD	F	-0.65%
BWA	C	-0.64%
PVH	D	-0.64%
ALSN	A	-0.63%
QRVO	F	-0.62%
ETSY	F	-0.61%
KSS	D	-0.6%
DOX	B	-0.58%
LEA	F	-0.54%
SEE	C	-0.54%
BG	F	-0.53%
VTRS	D	-0.53%
HOG	D	-0.51%
WFRD	F	-0.5%
THO	C	-0.5%
DDS	D	-0.49%
AYI	A	-0.47%
LPX	C	-0.46%
PPC	C	-0.44%
NEU	F	-0.42%
CRUS	D	-0.4%
AMKR	F	-0.39%
LYFT	D	-0.38%
ZI	F	-0.37%
PLTK	C	-0.33%
UAA	B	-0.32%
RNG	F	-0.32%
LEG	D	-0.28%
NVST	D	-0.26%
TDC	D	-0.24%
FTRE	F	-0.19%
IPGP	D	-0.19%
REYN	D	-0.19%
PINC	F	-0.17%
TRIP	D	-0.11%