HSMV vs. FSCS ETF Comparison

Comparison of First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) to SMID Capital Strength ETF (FSCS)

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

$38.50

Average Daily Volume

1,335

Number of Holdings ^*

147

* may have additional holdings in another (foreign) market

FSCS

SMID Capital Strength ETF

FSCS Description

The fund will normally invest at least 90% of its net assets in the securities that comprise the index. The index is designed to select dividend-paying securities issued by mid capitalization U.S. companies.

Grade (RS Rating)

Last Trade

$38.03

Average Daily Volume

2,689

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HSMV	FSCS
30 Days	4.88%	8.22%
60 Days	5.46%	8.32%
90 Days	6.96%	10.19%
12 Months	27.49%	34.50%

26 Overlapping Holdings

Symbol	Grade	Weight in HSMV	Weight in FSCS	Overlap
ACM	A	0.57%	0.96%	0.57%
AFG	A	1.08%	1.01%	1.01%
CASY	A	0.26%	1.01%	0.26%
CBSH	A	0.83%	1.14%	0.83%
CHE	D	1.16%	0.89%	0.89%
CLH	B	0.38%	0.95%	0.38%
CW	B	0.67%	0.96%	0.67%
DCI	B	1.33%	0.99%	0.99%
EHC	B	0.9%	1.01%	0.9%
EVR	B	0.34%	1.02%	0.34%
FCN	D	0.49%	0.83%	0.49%
FHI	A	1.26%	1.05%	1.05%
GGG	B	1.06%	1.01%	1.01%
GNTX	C	0.99%	0.99%	0.99%
IDCC	A	0.77%	1.14%	0.77%
INGR	B	1.65%	1.08%	1.08%
LANC	C	0.46%	1.02%	0.46%
LOPE	B	0.74%	1.21%	0.74%
LSTR	D	0.76%	0.97%	0.76%
MMS	F	0.89%	0.88%	0.88%
MSA	D	0.8%	0.97%	0.8%
PRGS	A	0.58%	0.99%	0.58%
PRI	A	0.78%	1.03%	0.78%
RNR	C	0.67%	0.88%	0.67%
RPM	A	0.68%	0.99%	0.68%
SEIC	B	1.89%	1.08%	1.08%

HSMV Overweight 121 Positions Relative to FSCS

Symbol	Grade	Weight
ATR	B	2.09%
DTM	B	2.06%
ORI	A	1.76%
IDA	A	1.65%
OGE	B	1.59%
POST	C	1.56%
CTRE	D	1.54%
RLI	B	1.42%
MSGS	A	1.4%
ADC	B	1.34%
CACI	D	1.29%
AMH	D	1.24%
NJR	A	1.24%
AM	A	1.21%
NFG	A	1.18%
FLO	D	1.17%
NWE	B	1.13%
OHI	C	1.08%
POR	C	1.07%
NNN	D	1.01%
GLPI	C	0.99%
NYT	C	0.95%
BKH	A	0.9%
FCPT	C	0.86%
DLB	B	0.85%
ELS	C	0.81%
EPR	D	0.79%
AVA	A	0.76%
PBH	A	0.76%
EFC	C	0.76%
KBR	F	0.75%
PECO	A	0.74%
ENSG	D	0.73%
AWR	B	0.72%
OGS	A	0.72%
SF	B	0.72%
SLGN	A	0.68%
CPK	A	0.67%
RGA	A	0.67%
AGO	B	0.67%
ESNT	D	0.67%
JHG	A	0.66%
EPRT	B	0.65%
MDU	D	0.64%
AMG	B	0.63%
CDP	C	0.63%
EGP	F	0.63%
SCI	B	0.62%
FELE	B	0.56%
GATX	A	0.56%
CHH	A	0.56%
MTG	C	0.55%
SBRA	C	0.55%
COLM	B	0.55%
NMIH	D	0.55%
RS	B	0.54%
BCPC	B	0.53%
FLS	B	0.52%
CWT	D	0.51%
FNF	B	0.51%
EPC	D	0.49%
AVT	C	0.49%
BRX	A	0.48%
BWXT	B	0.48%
MUSA	A	0.47%
JEF	A	0.46%
PFGC	B	0.45%
FR	C	0.45%
CHDN	B	0.45%
ARW	D	0.45%
PB	A	0.45%
CNO	A	0.44%
MSM	C	0.44%
LAMR	D	0.43%
ENR	B	0.43%
RYN	D	0.42%
BLKB	B	0.41%
RDN	C	0.4%
FAF	A	0.4%
FNB	A	0.38%
ITT	A	0.38%
EXEL	B	0.38%
ASH	D	0.36%
GPK	C	0.36%
ABM	B	0.36%
BJ	A	0.36%
COOP	B	0.35%
G	B	0.35%
IOSP	B	0.35%
SAIC	F	0.35%
LXP	D	0.34%
RGLD	C	0.34%
LECO	B	0.34%
JAZZ	B	0.33%
CSL	C	0.33%
MAN	D	0.32%
KEX	C	0.31%
AGCO	D	0.31%
JJSF	B	0.31%
ONB	B	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%
OSK	B	0.28%
ORA	B	0.27%
PLXS	B	0.27%
LII	A	0.26%
HRB	D	0.26%
FSS	B	0.24%
LFUS	F	0.24%
CUBE	D	0.24%
AIN	C	0.24%
IRT	A	0.23%
HXL	D	0.22%
CRI	D	0.21%
REXR	F	0.2%
PCH	D	0.19%
NSA	D	0.13%

HSMV Underweight 72 Positions Relative to FSCS

Symbol	Grade	Weight
LRN	A	-1.5%
PRDO	B	-1.21%
MLI	C	-1.21%
IBKR	A	-1.16%
AIT	A	-1.13%
ALSN	B	-1.13%
LAUR	A	-1.12%
RJF	A	-1.12%
RHI	B	-1.1%
LYV	A	-1.09%
EXLS	B	-1.09%
CFR	B	-1.09%
CRVL	A	-1.08%
FFIV	B	-1.08%
IBOC	A	-1.08%
BBSI	B	-1.08%
WABC	B	-1.07%
SNA	A	-1.07%
IEX	B	-1.06%
AIZ	A	-1.06%
MCY	A	-1.06%
EPAC	B	-1.06%
CHCO	B	-1.06%
CASH	A	-1.05%
TXRH	C	-1.05%
WAT	B	-1.05%
OFG	B	-1.05%
KTB	B	-1.05%
PKG	A	-1.04%
PJT	A	-1.04%
CINF	A	-1.03%
HLI	B	-1.03%
CPAY	A	-1.02%
UTHR	C	-1.02%
SPNT	A	-1.02%
FDS	B	-1.02%
YELP	C	-1.02%
EEFT	B	-1.01%
BR	A	-1.01%
DOV	A	-1.01%
MGY	A	-1.01%
HALO	F	-1.0%
WTS	B	-1.0%
CHD	B	-1.0%
APAM	B	-0.99%
CF	B	-0.99%
CLX	B	-0.99%
CHRD	D	-0.98%
STLD	B	-0.98%
MORN	B	-0.97%
NDSN	B	-0.97%
ROL	B	-0.97%
FBP	B	-0.97%
EXPD	D	-0.97%
ROIV	C	-0.95%
BRC	D	-0.95%
WRB	A	-0.94%
EG	C	-0.93%
CBOE	B	-0.92%
MKC	D	-0.91%
MANH	D	-0.91%
COKE	C	-0.91%
BAH	F	-0.91%
AOS	F	-0.9%
REYN	D	-0.89%
AVY	D	-0.89%
ALLE	D	-0.89%
SHOO	D	-0.88%
GPC	D	-0.84%
VRRM	D	-0.83%
ERIE	D	-0.82%
TTEK	F	-0.81%