HSMV vs. CZA ETF Comparison

Comparison of First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) to Guggenheim Mid-Cap Core ETF (CZA)

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

$38.09

Average Daily Volume

1,340

Number of Holdings ^*

147

* may have additional holdings in another (foreign) market

CZA

Guggenheim Mid-Cap Core ETF

CZA Description

The investment seeks investment results that correspond generally to the performance, before the fund's fees and expenses, of an index called the Zacks Mid-Cap Core Index. The fund will invest at least 90% of its total assets in securities that comprise the index and depositary receipts representing securities that comprise the index. It generally invests in all of the securities comprising the index in proportion to their weightings in the index. The index is comprised of 100 securities selected, based on investment and other criteria, from a universe of mid-capitalization securities including MLPs, ADRs and BDCs.

Grade (RS Rating)

Last Trade

$111.49

Average Daily Volume

3,082

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HSMV	CZA
30 Days	3.72%	2.57%
60 Days	5.02%	4.74%
90 Days	5.82%	6.77%
12 Months	26.13%	29.08%

22 Overlapping Holdings

Symbol	Grade	Weight in HSMV	Weight in CZA	Overlap
ACM	B	0.57%	0.94%	0.57%
ATR	B	2.09%	0.71%	0.71%
BWXT	B	0.48%	0.72%	0.48%
CACI	D	1.29%	0.64%	0.64%
CHDN	B	0.45%	0.69%	0.45%
CHE	D	1.16%	0.53%	0.53%
CSL	C	0.33%	1.31%	0.33%
EHC	B	0.9%	0.62%	0.62%
ESNT	F	0.67%	0.39%	0.39%
FLO	D	1.17%	0.3%	0.3%
FLS	B	0.52%	0.46%	0.46%
FNB	A	0.38%	0.4%	0.38%
GGG	B	1.06%	0.99%	0.99%
GLPI	C	0.99%	0.89%	0.89%
IDA	A	1.65%	0.41%	0.41%
INGR	C	1.65%	0.58%	0.58%
ITT	A	0.38%	0.79%	0.38%
MDU	D	0.64%	0.45%	0.45%
OSK	C	0.28%	0.46%	0.28%
PFGC	B	0.45%	0.83%	0.45%
SEIC	B	1.89%	0.67%	0.67%
SLGN	A	0.68%	0.38%	0.38%

HSMV Overweight 125 Positions Relative to CZA

Symbol	Grade	Weight
DTM	A	2.06%
ORI	A	1.76%
OGE	A	1.59%
POST	C	1.56%
CTRE	C	1.54%
RLI	A	1.42%
MSGS	A	1.4%
ADC	A	1.34%
DCI	B	1.33%
FHI	B	1.26%
AMH	C	1.24%
NJR	A	1.24%
AM	A	1.21%
NFG	A	1.18%
NWE	B	1.13%
OHI	C	1.08%
AFG	A	1.08%
POR	C	1.07%
NNN	C	1.01%
GNTX	C	0.99%
NYT	D	0.95%
BKH	A	0.9%
MMS	F	0.89%
FCPT	C	0.86%
DLB	B	0.85%
CBSH	B	0.83%
ELS	C	0.81%
MSA	F	0.8%
EPR	C	0.79%
PRI	B	0.78%
IDCC	B	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	C	0.74%
ENSG	C	0.73%
AWR	B	0.72%
OGS	A	0.72%
SF	B	0.72%
RPM	A	0.68%
RNR	C	0.67%
CPK	A	0.67%
CW	C	0.67%
RGA	A	0.67%
AGO	B	0.67%
JHG	B	0.66%
EPRT	B	0.65%
AMG	B	0.63%
CDP	C	0.63%
EGP	D	0.63%
SCI	B	0.62%
PRGS	A	0.58%
FELE	B	0.56%
GATX	A	0.56%
CHH	A	0.56%
MTG	C	0.55%
SBRA	C	0.55%
COLM	C	0.55%
NMIH	C	0.55%
RS	B	0.54%
BCPC	B	0.53%
CWT	C	0.51%
FNF	B	0.51%
EPC	F	0.49%
AVT	C	0.49%
FCN	F	0.49%
BRX	A	0.48%
MUSA	B	0.47%
LANC	C	0.46%
JEF	A	0.46%
FR	D	0.45%
ARW	D	0.45%
PB	B	0.45%
CNO	B	0.44%
MSM	C	0.44%
LAMR	C	0.43%
ENR	B	0.43%
RYN	D	0.42%
BLKB	B	0.41%
RDN	D	0.4%
FAF	A	0.4%
CLH	C	0.38%
EXEL	B	0.38%
ASH	F	0.36%
GPK	C	0.36%
ABM	B	0.36%
BJ	A	0.36%
COOP	B	0.35%
G	B	0.35%
IOSP	C	0.35%
SAIC	F	0.35%
LXP	D	0.34%
RGLD	C	0.34%
EVR	B	0.34%
LECO	C	0.34%
JAZZ	B	0.33%
MAN	F	0.32%
KEX	B	0.31%
AGCO	D	0.31%
JJSF	C	0.31%
ONB	C	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%
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	D	0.24%
CUBE	C	0.24%
AIN	C	0.24%
IRT	A	0.23%
HXL	F	0.22%
CRI	F	0.21%
REXR	F	0.2%
PCH	F	0.19%
NSA	C	0.13%

HSMV Underweight 72 Positions Relative to CZA

Symbol	Grade	Weight
VMC	B	-2.4%
WAB	B	-2.18%
AVB	B	-2.11%
ETR	B	-2.06%
WTW	B	-2.04%
BRO	B	-1.98%
XYL	D	-1.94%
STT	B	-1.86%
EQR	C	-1.86%
PPG	F	-1.84%
DOV	A	-1.77%
LYB	F	-1.73%
FTV	C	-1.7%
KEYS	A	-1.7%
VLTO	C	-1.62%
AEE	A	-1.58%
WRB	A	-1.53%
CINF	A	-1.53%
ES	C	-1.46%
NTRS	A	-1.44%
LPLA	A	-1.43%
TDY	B	-1.41%
IFF	D	-1.41%
PKG	A	-1.38%
LDOS	C	-1.38%
ESS	B	-1.3%
PFG	D	-1.3%
J	D	-1.3%
CHKP	C	-1.27%
FOX	A	-1.24%
AER	A	-1.24%
JBHT	C	-1.2%
BAH	F	-1.16%
CRBG	B	-1.16%
PNR	A	-1.12%
IEX	C	-1.11%
BAX	F	-1.1%
TRMB	B	-1.1%
WMG	D	-1.1%
MAS	D	-1.09%
WLK	D	-1.05%
UDR	B	-0.95%
AMCR	C	-0.94%
WES	C	-0.93%
REG	A	-0.85%
CNA	C	-0.85%
LOGI	D	-0.81%
NVT	B	-0.8%
WPC	C	-0.79%
EMN	C	-0.76%
RRX	B	-0.76%
AIZ	A	-0.73%
AOS	F	-0.66%
WWD	C	-0.65%
ALSN	B	-0.64%
CR	A	-0.61%
KNTK	A	-0.58%
TFX	F	-0.58%
VOYA	B	-0.5%
IVZ	B	-0.5%
ESAB	C	-0.48%
BLCO	B	-0.47%
BPOP	C	-0.46%
ESI	B	-0.43%
AWI	A	-0.43%
COLD	D	-0.39%
SIGI	C	-0.38%
SNDR	B	-0.35%
CWEN	C	-0.35%
RRR	F	-0.34%
ACT	C	-0.34%
ST	F	-0.31%