HSMV vs. FSMD ETF Comparison

Comparison of First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) to Fidelity Small-Mid Factor ETF (FSMD)

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

$36.23

Average Daily Volume

1,137

Number of Holdings ^*

146

* may have additional holdings in another (foreign) market

FSMD

Fidelity Small-Mid Factor ETF

FSMD Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Small-Mid Factor Index℠. The fund normally invests at least 80% of its assets in securities included in the Fidelity Small-Mid Factor Index℠, which is designed to reflect the performance of stocks of small- and mid-capitalization U.S. companies with attractive valuations, high quality profiles, positive momentum signals, and lower volatility than the broader market, as represented by the Fidelity U.S. Extended Investable Market Index℠.

Grade (RS Rating)

Last Trade

$40.65

Average Daily Volume

89,591

Number of Holdings ^*

579

* may have additional holdings in another (foreign) market

Performance

Period	HSMV	FSMD
30 Days	0.35%	0.45%
60 Days	4.14%	5.53%
90 Days	9.74%	9.53%
12 Months	27.25%	32.01%

98 Overlapping Holdings

Symbol	Grade	Weight in HSMV	Weight in FSMD	Overlap
ACM	C	0.56%	0.3%	0.3%
ADC	B	1.33%	0.21%	0.21%
AFG	C	1.08%	0.23%	0.23%
AGCO	D	0.33%	0.16%	0.16%
ALV	F	0.28%	0.18%	0.18%
AMG	B	0.61%	0.17%	0.17%
AMH	D	1.31%	0.29%	0.29%
ARW	C	0.54%	0.2%	0.2%
ASH	F	0.42%	0.14%	0.14%
ATR	A	2.04%	0.25%	0.25%
AVA	D	0.77%	0.14%	0.14%
AVT	C	0.52%	0.16%	0.16%
BCPC	C	0.54%	0.17%	0.17%
BJ	D	0.35%	0.25%	0.25%
BKH	C	0.89%	0.17%	0.17%
BRX	C	0.46%	0.23%	0.23%
BWXT	A	0.42%	0.23%	0.23%
CACI	A	1.48%	0.25%	0.25%
CASY	D	0.24%	0.3%	0.24%
CBSH	D	0.71%	0.2%	0.2%
CHDN	D	0.44%	0.22%	0.22%
CHE	C	1.29%	0.24%	0.24%
CHH	B	0.52%	0.14%	0.14%
CLH	C	0.39%	0.27%	0.27%
CNO	C	0.39%	0.15%	0.15%
COLM	B	0.56%	0.13%	0.13%
COOP	B	0.33%	0.18%	0.18%
CTRE	B	1.6%	0.17%	0.17%
CUBE	C	0.27%	0.29%	0.27%
CW	A	0.63%	0.28%	0.28%
DCI	B	1.33%	0.21%	0.21%
DLB	D	0.93%	0.15%	0.15%
DTM	A	1.62%	0.24%	0.24%
EHC	B	0.91%	0.25%	0.25%
ELS	D	0.83%	0.3%	0.3%
ENSG	D	0.77%	0.24%	0.24%
EPRT	C	0.68%	0.19%	0.19%
ESNT	C	0.78%	0.2%	0.2%
EVR	C	0.3%	0.24%	0.24%
EXEL	B	0.3%	0.22%	0.22%
FCN	C	0.59%	0.2%	0.2%
FELE	C	0.57%	0.14%	0.14%
FHI	C	1.14%	0.14%	0.14%
FLO	D	1.26%	0.15%	0.15%
FLS	A	0.47%	0.18%	0.18%
FR	C	0.48%	0.2%	0.2%
FSS	B	0.25%	0.16%	0.16%
G	A	0.31%	0.18%	0.18%
GGG	B	1.04%	0.31%	0.31%
GNTX	D	1.06%	0.2%	0.2%
GPK	C	0.38%	0.22%	0.22%
HRB	C	0.28%	0.24%	0.24%
IDCC	A	0.59%	0.14%	0.14%
INGR	A	1.67%	0.23%	0.23%
IOSP	F	0.35%	0.11%	0.11%
ITT	B	0.38%	0.27%	0.27%
KFY	C	0.28%	0.13%	0.13%
LAMR	C	0.46%	0.28%	0.28%
LANC	F	0.47%	0.13%	0.13%
LECO	D	0.33%	0.24%	0.24%
LII	C	0.26%	0.4%	0.26%
LOPE	D	0.67%	0.15%	0.15%
LSTR	D	0.78%	0.18%	0.18%
MDU	C	0.97%	0.16%	0.16%
MMS	B	1.06%	0.16%	0.16%
MSA	F	0.87%	0.17%	0.17%
MSM	D	0.47%	0.13%	0.13%
MTG	B	0.57%	0.2%	0.2%
MTN	D	0.31%	0.2%	0.2%
MUSA	D	0.46%	0.23%	0.23%
NFG	A	1.15%	0.19%	0.19%
NMIH	C	0.61%	0.14%	0.14%
NNN	A	1.16%	0.23%	0.23%
NSA	C	0.15%	0.14%	0.14%
NWE	B	1.18%	0.16%	0.16%
NYT	A	1.02%	0.25%	0.25%
OGE	A	1.53%	0.24%	0.24%
OHI	C	1.13%	0.26%	0.26%
ORI	B	1.7%	0.23%	0.23%
OSK	F	0.26%	0.17%	0.17%
PBH	D	0.68%	0.15%	0.15%
PLXS	B	0.24%	0.15%	0.15%
POST	C	1.7%	0.17%	0.17%
PRGS	B	0.59%	0.14%	0.14%
PRI	A	0.71%	0.24%	0.24%
R	C	0.27%	0.18%	0.18%
RDN	D	0.41%	0.17%	0.17%
REXR	D	0.24%	0.27%	0.24%
RGA	C	0.65%	0.32%	0.32%
RGLD	C	0.35%	0.24%	0.24%
RLI	A	1.28%	0.19%	0.19%
RNR	A	0.7%	0.32%	0.32%
RPM	A	0.63%	0.34%	0.34%
SAIC	A	0.41%	0.19%	0.19%
SCI	C	0.58%	0.28%	0.28%
SEIC	B	1.65%	0.2%	0.2%
SF	A	0.6%	0.25%	0.25%
SLGN	C	0.66%	0.14%	0.14%

HSMV Overweight 48 Positions Relative to FSMD

Symbol	Grade	Weight
IDA	C	1.46%
MSGS	A	1.37%
NJR	C	1.22%
AM	A	1.2%
POR	C	1.11%
GLPI	A	1.04%
FCPT	C	0.9%
EPR	C	0.89%
KBR	C	0.85%
EFC	D	0.83%
PECO	C	0.72%
AWR	A	0.71%
OGS	C	0.71%
EGP	D	0.7%
CPK	C	0.65%
AGO	B	0.6%
JHG	C	0.58%
SBRA	C	0.57%
CWT	D	0.54%
RS	D	0.52%
FNF	A	0.52%
EPC	F	0.52%
GATX	F	0.51%
RYN	C	0.45%
PFGC	A	0.43%
BLKB	C	0.42%
FAF	B	0.41%
PB	D	0.4%
JEF	A	0.39%
ENR	B	0.39%
MAN	D	0.38%
LXP	D	0.38%
ABM	D	0.35%
CSL	A	0.34%
FNB	D	0.33%
JJSF	B	0.33%
JAZZ	F	0.31%
KEX	C	0.3%
MIDD	D	0.29%
CRI	D	0.28%
ONB	D	0.28%
LFUS	C	0.27%
EVTC	D	0.27%
ORA	C	0.26%
AIN	F	0.26%
HXL	F	0.24%
IRT	C	0.23%
PCH	C	0.21%

HSMV Underweight 481 Positions Relative to FSMD

Symbol	Grade	Weight
NRG	A	-0.43%
EME	C	-0.42%
TPL	B	-0.4%
MANH	C	-0.38%
LYV	A	-0.37%
THC	C	-0.37%
UTHR	C	-0.36%
NTNX	C	-0.35%
TOL	A	-0.35%
UHS	D	-0.34%
IBKR	A	-0.34%
GWRE	A	-0.34%
PNR	C	-0.34%
NTRA	A	-0.34%
TW	A	-0.33%
PSTG	F	-0.33%
WSO	C	-0.33%
DUOL	B	-0.32%
ERIE	A	-0.32%
OC	C	-0.31%
ROL	B	-0.31%
CPT	C	-0.31%
NWSA	D	-0.31%
FIX	A	-0.31%
L	D	-0.31%
PCVX	B	-0.31%
SNA	A	-0.31%
EQH	C	-0.3%
WING	B	-0.3%
NDSN	B	-0.3%
SW	C	-0.29%
FTI	B	-0.29%
JNPR	B	-0.29%
JLL	B	-0.29%
DKS	D	-0.29%
TTEK	B	-0.28%
BSY	D	-0.28%
ALLE	A	-0.28%
CHRW	A	-0.28%
TXRH	A	-0.28%
TFX	C	-0.28%
BLD	C	-0.28%
BXP	C	-0.28%
REG	C	-0.28%
TPR	B	-0.27%
SRPT	F	-0.27%
NBIX	F	-0.26%
MTCH	B	-0.26%
NVT	D	-0.26%
ONTO	B	-0.26%
AIZ	A	-0.26%
SOLV	C	-0.26%
EWBC	D	-0.26%
SFM	A	-0.26%
GL	C	-0.25%
KNSL	D	-0.25%
DOX	B	-0.25%
UNM	A	-0.25%
CHK	D	-0.25%
INCY	B	-0.25%
CPB	D	-0.24%
TPX	C	-0.24%
TAP	D	-0.24%
AOS	B	-0.24%
CIEN	A	-0.24%
WAL	C	-0.24%
EXP	C	-0.24%
WWD	B	-0.24%
DVA	C	-0.24%
FRT	D	-0.23%
OLED	C	-0.23%
SKX	B	-0.23%
HLI	C	-0.23%
HSIC	D	-0.23%
BFAM	C	-0.23%
WMS	D	-0.23%
SNX	C	-0.23%
HII	F	-0.23%
CROX	C	-0.23%
OWL	A	-0.23%
FHN	D	-0.22%
MHK	B	-0.22%
DOCS	A	-0.22%
BRBR	C	-0.22%
GMED	D	-0.22%
LNTH	C	-0.22%
CMA	C	-0.22%
MORN	C	-0.22%
HRL	F	-0.22%
FN	B	-0.22%
CHRD	F	-0.22%
VOYA	A	-0.22%
ALLY	F	-0.22%
TMHC	C	-0.21%
HALO	D	-0.21%
ALSN	A	-0.21%
BERY	C	-0.21%
MASI	B	-0.21%
ADMA	C	-0.21%
TTC	D	-0.21%
WBS	D	-0.21%
AYI	A	-0.21%
BWA	B	-0.21%
RL	B	-0.21%
RBC	C	-0.21%
PLNT	B	-0.21%
AIT	B	-0.21%
CR	B	-0.2%
ANF	F	-0.2%
MMSI	C	-0.2%
CNX	A	-0.2%
STAG	D	-0.2%
MEDP	F	-0.2%
GKOS	B	-0.2%
BPOP	D	-0.2%
SN	B	-0.2%
UFPI	C	-0.2%
PI	B	-0.2%
SSD	B	-0.2%
ELAN	D	-0.2%
MLI	C	-0.2%
DINO	F	-0.2%
HLNE	A	-0.2%
AAON	A	-0.2%
MTH	C	-0.2%
AXTA	C	-0.2%
NOVT	C	-0.19%
CRUS	D	-0.19%
OLLI	C	-0.19%
AXS	A	-0.19%
ZION	D	-0.19%
JXN	A	-0.19%
SPSC	D	-0.19%
WH	C	-0.19%
VRNS	C	-0.19%
BMI	A	-0.19%
WTFC	D	-0.19%
ACI	F	-0.19%
CRBG	C	-0.19%
CVLT	C	-0.19%
RGEN	F	-0.19%
BRKR	D	-0.19%
IBP	B	-0.18%
SIGI	D	-0.18%
MGY	B	-0.18%
EXLS	A	-0.18%
THG	C	-0.18%
ALTR	B	-0.18%
WMG	D	-0.18%
COKE	B	-0.18%
NSIT	B	-0.18%
MTSI	B	-0.18%
RHI	D	-0.18%
UGI	C	-0.18%
KBH	C	-0.18%
CNM	F	-0.18%
WFRD	F	-0.18%
DBX	B	-0.18%
CBT	B	-0.18%
RDNT	C	-0.18%
SNV	D	-0.18%
BPMC	F	-0.17%
MOG.A	A	-0.17%
ESTC	F	-0.17%
ITGR	C	-0.17%
ASO	D	-0.17%
DY	C	-0.17%
EXPO	A	-0.17%
QTWO	C	-0.17%
APPF	C	-0.17%
GPI	C	-0.17%
PRCT	C	-0.17%
ESI	B	-0.17%
ESAB	C	-0.17%
KNF	C	-0.17%
NXST	D	-0.17%
CSWI	B	-0.17%
CMC	D	-0.17%
ACIW	B	-0.17%
TREX	D	-0.17%
ACLX	C	-0.17%
ZETA	B	-0.17%
MATX	C	-0.16%
AROC	B	-0.16%
OGN	F	-0.16%
KTB	B	-0.16%
MHO	C	-0.16%
CIVI	F	-0.16%
BCC	C	-0.16%
VNT	F	-0.16%
VMI	B	-0.16%
ALKS	B	-0.16%
WTS	C	-0.16%
CORT	B	-0.16%
CUZ	C	-0.16%
BYD	C	-0.16%
STRL	B	-0.16%
SLM	C	-0.16%
ALE	A	-0.16%
UMBF	C	-0.16%
HOG	D	-0.16%
PIPR	B	-0.16%
SON	D	-0.16%
EWTX	B	-0.16%
KD	F	-0.16%
VVV	D	-0.16%
OMF	F	-0.16%
SR	C	-0.16%
AWI	A	-0.16%
FUL	F	-0.15%
BNL	C	-0.15%
SHOO	A	-0.15%
TDS	B	-0.15%
ESGR	D	-0.15%
QLYS	F	-0.15%
PSN	A	-0.15%
DORM	C	-0.15%
AN	C	-0.15%
CEIX	B	-0.15%
SUM	D	-0.15%
ABG	D	-0.15%
LRN	C	-0.15%
EEFT	F	-0.15%
WU	D	-0.15%
ASGN	D	-0.15%
TPH	C	-0.15%
TKR	D	-0.15%
KRYS	D	-0.15%
TENB	F	-0.15%
FTDR	C	-0.15%
BCO	C	-0.15%
WLK	C	-0.15%
KRC	C	-0.15%
BTU	B	-0.15%
NHI	C	-0.15%
ZWS	A	-0.15%
AXNX	A	-0.15%
ADUS	D	-0.14%
SANM	D	-0.14%
VRRM	D	-0.14%
TNL	B	-0.14%
TGNA	B	-0.14%
PJT	C	-0.14%
SLVM	C	-0.14%
VIRT	B	-0.14%
NEU	F	-0.14%
LBRT	F	-0.14%
ZD	D	-0.14%
DXC	D	-0.14%
FBP	D	-0.14%
PEGA	B	-0.14%
AMED	D	-0.14%
SEM	D	-0.14%
CPRX	C	-0.14%
CRVL	C	-0.14%
PATK	C	-0.14%
AGR	C	-0.14%
CRNX	C	-0.14%
CVCO	B	-0.14%
BGC	C	-0.14%
HIW	C	-0.14%
ACA	C	-0.14%
AEO	B	-0.14%
STNG	D	-0.14%
OZK	F	-0.14%
SKYW	B	-0.13%
CALM	B	-0.13%
UFPT	D	-0.13%
AX	D	-0.13%
INSW	B	-0.13%
UE	C	-0.13%
ATGE	D	-0.13%
GPOR	B	-0.13%
BRC	C	-0.13%
PAG	D	-0.13%
ENS	D	-0.13%
IBOC	D	-0.13%
ASB	F	-0.13%
WEN	D	-0.13%
ROAD	C	-0.13%
PLMR	C	-0.13%
FORM	F	-0.13%
WDFC	B	-0.13%
PBF	F	-0.13%
LEVI	B	-0.13%
GNW	C	-0.13%
DEI	A	-0.13%
PLUS	C	-0.13%
YELP	D	-0.13%
CATY	D	-0.13%
FULT	D	-0.13%
KAI	C	-0.13%
ASTH	A	-0.13%
APAM	C	-0.13%
SXT	C	-0.13%
AMKR	F	-0.13%
OTTR	F	-0.13%
GHC	B	-0.13%
HAE	D	-0.13%
ENVA	D	-0.12%
VGR	B	-0.12%
CBZ	F	-0.12%
MIR	B	-0.12%
SUPN	D	-0.12%
IDT	C	-0.12%
EQC	D	-0.12%
VCEL	F	-0.12%
GTES	C	-0.12%
AMRX	B	-0.12%
CACC	F	-0.12%
VSTO	D	-0.12%
OSIS	B	-0.12%
OFG	D	-0.12%
RUSHA	D	-0.12%
TWST	D	-0.12%
POWL	A	-0.12%
SHO	D	-0.12%
HCC	B	-0.12%
SNEX	C	-0.12%
LMAT	B	-0.12%
SBH	C	-0.12%
PHIN	C	-0.12%
VCTR	B	-0.12%
TK	B	-0.12%
HIMS	B	-0.12%
PRIM	C	-0.12%
ICFI	C	-0.12%
MWA	A	-0.12%
AMPH	C	-0.12%
SQSP	A	-0.12%
BKE	D	-0.11%
DEA	D	-0.11%
GNE	D	-0.11%
SPOK	D	-0.11%
BHE	C	-0.11%
PLAB	D	-0.11%
SPNT	D	-0.11%
ALRM	F	-0.11%
WSBC	D	-0.11%
FF	B	-0.11%
AGX	A	-0.11%
ACT	C	-0.11%
HCI	B	-0.11%
LZB	C	-0.11%
KURA	F	-0.11%
CASH	D	-0.11%
AZZ	C	-0.11%
REYN	D	-0.11%
SCHL	F	-0.11%
LGND	D	-0.11%
XHR	B	-0.11%
CNXC	F	-0.11%
HMN	B	-0.11%
ARCH	D	-0.11%
PDM	C	-0.11%
CHCO	D	-0.11%
PAHC	C	-0.11%
STRA	F	-0.11%
UTL	C	-0.11%
LTC	D	-0.11%
NHC	D	-0.11%
HUBG	D	-0.11%
PINC	F	-0.11%
HWKN	A	-0.11%
GIII	C	-0.11%
EPAC	C	-0.11%
IESC	B	-0.11%
MGRC	D	-0.11%
MTX	B	-0.11%
SKWD	B	-0.11%
USM	C	-0.11%
UNF	A	-0.11%
PLTK	C	-0.11%
ADTN	B	-0.11%
MCY	B	-0.11%
TNK	B	-0.11%
AMAL	D	-0.1%
MCB	B	-0.1%
ASC	D	-0.1%
PFBC	D	-0.1%
USPH	F	-0.1%
SCSC	D	-0.1%
UVSP	D	-0.1%
VSH	F	-0.1%
PRDO	D	-0.1%
SSTK	F	-0.1%
ROCK	D	-0.1%
INFA	D	-0.1%
WINA	D	-0.1%
WABC	F	-0.1%
DDS	D	-0.1%
USLM	C	-0.1%
ATEN	B	-0.1%
MCRI	B	-0.1%
LPG	F	-0.1%
AMR	F	-0.1%
QCRH	D	-0.1%
CTS	B	-0.1%
CPF	C	-0.1%
UVE	C	-0.1%
PPC	B	-0.1%
INVA	B	-0.1%
SCVL	D	-0.1%
URBN	F	-0.1%
COLL	B	-0.1%
EIG	B	-0.1%
AAT	C	-0.1%
GOLF	F	-0.1%
REX	D	-0.1%
HNI	B	-0.1%
ZYXI	D	-0.09%
CXW	F	-0.09%
OSUR	F	-0.09%
IMKTA	F	-0.09%
FIZZ	D	-0.09%
GEO	F	-0.09%
MRVI	F	-0.09%
ALX	C	-0.09%
MSBI	F	-0.09%
WSR	C	-0.09%
CASS	D	-0.09%
UTMD	F	-0.09%
PGRE	D	-0.09%
ETH	F	-0.09%
TPC	A	-0.09%
HCKT	C	-0.09%
CFB	D	-0.09%
THFF	D	-0.09%
TNC	F	-0.09%
CWCO	F	-0.09%
CSV	C	-0.09%
CRAI	C	-0.09%
EGY	D	-0.09%
APOG	B	-0.09%
ANIP	F	-0.09%
SMP	D	-0.09%
STAA	D	-0.09%
IBCP	D	-0.09%
TRNS	D	-0.09%
CNXN	C	-0.09%
KLG	D	-0.09%
ANDE	D	-0.09%
CTBI	D	-0.09%
PEBO	F	-0.09%
TPB	A	-0.09%
SRCE	D	-0.09%
OLP	C	-0.09%
HSTM	B	-0.09%
VECO	F	-0.09%
HSII	C	-0.08%
HE	F	-0.08%
KFRC	F	-0.08%
AMN	F	-0.08%
VNDA	F	-0.08%
CECO	D	-0.08%
HCSG	D	-0.08%
CUBI	F	-0.08%
NSSC	F	-0.08%
SCS	D	-0.08%
RMR	B	-0.08%
JBSS	F	-0.08%
UTI	D	-0.08%
NVEC	D	-0.08%
EBF	C	-0.08%
BRY	F	-0.08%
BBSI	C	-0.08%
SMLR	F	-0.07%
SIGA	F	-0.07%
METC	D	-0.07%
KELYA	D	-0.07%
MLR	B	-0.07%
SXC	F	-0.07%
AMCX	F	-0.07%
GIC	D	-0.07%
NPK	F	-0.07%
SLP	F	-0.07%
PANL	D	-0.07%
IMMR	D	-0.06%
KRT	F	-0.06%
JBI	F	-0.06%
CLW	F	-0.05%