HSMV vs. FXD ETF Comparison

Comparison of First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) to First Trust Consumer Discret. AlphaDEX (FXD)

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

$36.57

Average Daily Volume

1,236

Number of Holdings ^*

196

* may have additional holdings in another (foreign) market

FXD

First Trust Consumer Discret. AlphaDEX

FXD Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Consumer Discretionary Index (the "index"). The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the consumer discretionary sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$63.00

Average Daily Volume

52,999

Number of Holdings ^*

117

* may have additional holdings in another (foreign) market

Performance

Period	HSMV	FXD
30 Days	3.36%	4.37%
60 Days	4.98%	5.51%
90 Days	9.57%	4.45%
12 Months	20.43%	21.84%

10 Overlapping Holdings

Symbol	Grade	Weight in HSMV	Weight in FXD	Overlap
BJ	D	0.55%	0.25%	0.25%
CHDN	C	0.45%	0.55%	0.45%
COLM	C	0.49%	0.85%	0.49%
CRI	D	0.47%	1.55%	0.47%
GNTX	F	0.4%	0.71%	0.4%
HRB	C	0.64%	0.96%	0.64%
LOPE	D	0.5%	0.55%	0.5%
MAT	C	0.53%	0.63%	0.53%
MUSA	D	0.58%	1.26%	0.58%
TXRH	C	0.48%	1.3%	0.48%

HSMV Overweight 186 Positions Relative to FXD

Symbol	Grade	Weight
CUBE	B	0.78%
LXP	B	0.72%
IDCC	B	0.7%
CVLT	B	0.69%
UTHR	C	0.68%
CPK	B	0.67%
EVR	A	0.67%
FAF	B	0.64%
GMED	D	0.64%
ADC	C	0.63%
SFM	B	0.63%
OHI	B	0.62%
PLXS	A	0.62%
NMIH	B	0.61%
ENSG	B	0.61%
JEF	B	0.61%
INVA	B	0.6%
ELS	C	0.59%
SBRA	C	0.59%
FCPT	C	0.59%
BRX	B	0.59%
G	C	0.59%
MTG	B	0.58%
GLPI	C	0.58%
FR	B	0.58%
CTRE	C	0.58%
EPRT	B	0.58%
CLH	A	0.58%
AWR	B	0.57%
EXP	B	0.57%
JJSF	C	0.57%
NNN	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	B	0.56%
EGP	B	0.56%
DTM	B	0.56%
EXEL	C	0.56%
INGR	B	0.56%
STAG	C	0.55%
ACHC	C	0.55%
EPR	B	0.55%
CW	B	0.55%
PECO	B	0.55%
EME	B	0.55%
CACI	B	0.55%
FNF	B	0.55%
OGE	C	0.55%
CASY	D	0.55%
LFUS	C	0.55%
NFG	B	0.54%
ROIC	B	0.54%
SWX	C	0.54%
CSL	B	0.54%
KFY	B	0.54%
RDN	C	0.54%
EFC	B	0.54%
PRGS	C	0.54%
CWT	C	0.54%
REXR	C	0.53%
POR	C	0.53%
USFD	B	0.53%
WPC	C	0.53%
THG	B	0.53%
LII	B	0.53%
UNF	C	0.53%
PNM	B	0.53%
JHG	B	0.53%
MCRI	C	0.52%
OGS	B	0.52%
SR	B	0.52%
VRRM	D	0.52%
WTRG	D	0.52%
SCI	B	0.52%
NWE	B	0.52%
EHC	C	0.52%
MTN	D	0.52%
IDA	C	0.52%
COOP	C	0.52%
AMH	C	0.52%
BKH	B	0.52%
RPM	B	0.52%
RGA	C	0.52%
RNR	C	0.51%
AIN	D	0.51%
MSGS	B	0.51%
MMS	C	0.51%
RLI	B	0.51%
ALE	B	0.51%
AVA	C	0.51%
POST	C	0.51%
NSIT	D	0.51%
NJR	B	0.51%
PCH	C	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	B	0.49%
MOG.A	B	0.49%
RYN	C	0.49%
SAIC	C	0.49%
WU	F	0.49%
ATR	B	0.49%
WH	B	0.49%
PFGC	B	0.49%
AMG	C	0.49%
CBSH	C	0.49%
KEX	C	0.49%
KNX	C	0.48%
AM	C	0.48%
SEIC	C	0.48%
MDU	C	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	C	0.47%
ITT	B	0.47%
MIDD	D	0.47%
GGG	C	0.47%
LAMR	B	0.46%
EPC	F	0.46%
DCI	C	0.46%
FLS	D	0.46%
FNB	C	0.46%
ARW	C	0.46%
AGO	C	0.46%
FLO	C	0.45%
SON	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	A	0.44%
VVV	D	0.43%
MSA	D	0.43%
NSA	B	0.42%
CRUS	D	0.42%
AGCO	D	0.42%
SIGI	D	0.42%
RGLD	C	0.42%
HXL	F	0.42%
ASH	D	0.42%
PB	B	0.41%
NVT	D	0.41%
TNC	F	0.41%
DLB	D	0.41%
IOSP	D	0.41%
OSK	F	0.4%
MSM	D	0.4%
ENR	D	0.39%
EVTC	D	0.39%
JAZZ	D	0.39%
WEN	C	0.39%
IRT	B	0.37%
ALV	F	0.37%
LECO	F	0.37%
VNT	F	0.37%
ENOV	D	0.34%
AIR	C	0.33%
ONB	C	0.32%
EXPO	A	0.32%
ABM	D	0.32%
ORA	C	0.32%
CCOI	C	0.31%
FCN	D	0.3%
BLKB	C	0.3%
GO	F	0.25%
PDCO	F	0.23%
PZZA	D	0.22%
LEG	D	0.18%

HSMV Underweight 107 Positions Relative to FXD

Symbol	Grade	Weight
DHI	B	-1.84%
TOL	B	-1.73%
PHM	B	-1.69%
LEN	B	-1.66%
BURL	B	-1.58%
CPNG	B	-1.56%
FOXA	B	-1.56%
CVNA	B	-1.5%
SPOT	B	-1.48%
COST	B	-1.48%
LAD	D	-1.47%
HOG	C	-1.45%
RCL	B	-1.43%
GM	C	-1.37%
APTV	D	-1.31%
EBAY	B	-1.29%
PVH	F	-1.22%
UAA	C	-1.21%
BYD	C	-1.2%
TJX	B	-1.18%
TKO	B	-1.17%
LNW	B	-1.16%
KSS	F	-1.16%
THO	D	-1.15%
BROS	D	-1.13%
WBD	D	-1.13%
UAL	C	-1.12%
AN	D	-1.11%
PII	D	-1.1%
PAG	D	-1.1%
BWA	D	-1.09%
DKS	D	-1.08%
SKX	D	-1.06%
AMZN	C	-1.06%
LKQ	F	-1.05%
BFAM	C	-1.05%
DDS	F	-1.04%
DECK	C	-1.04%
DAL	C	-1.03%
WING	B	-1.03%
NVR	B	-1.0%
LEA	F	-1.0%
CROX	D	-0.96%
F	F	-0.93%
UHAL	A	-0.92%
ARMK	B	-0.92%
TTD	B	-0.88%
IPG	C	-0.87%
TSCO	C	-0.85%
NFLX	B	-0.84%
ALK	C	-0.82%
HLT	B	-0.82%
BKNG	C	-0.81%
TPR	C	-0.81%
ULTA	D	-0.8%
NXST	D	-0.8%
UBER	C	-0.77%
CZR	C	-0.76%
ELF	F	-0.75%
CMG	C	-0.74%
GAP	F	-0.71%
VAC	F	-0.67%
DPZ	F	-0.65%
BBY	C	-0.64%
M	F	-0.63%
PLNT	B	-0.62%
GRMN	D	-0.62%
OMC	B	-0.6%
ROST	C	-0.58%
JWN	C	-0.58%
ROL	C	-0.57%
LYV	B	-0.57%
LUV	C	-0.56%
DKNG	C	-0.56%
YETI	D	-0.55%
RL	C	-0.55%
TGT	C	-0.55%
GPC	D	-0.54%
H	C	-0.53%
WSM	D	-0.53%
WHR	D	-0.51%
FIVE	D	-0.47%
BBWI	F	-0.38%
AAP	F	-0.34%
HAS	B	-0.32%
SITE	C	-0.31%
LOW	B	-0.31%
DUOL	B	-0.3%
EA	D	-0.29%
KMX	D	-0.29%
NKE	D	-0.29%
AZO	D	-0.29%
DRI	B	-0.29%
EXPE	C	-0.29%
ORLY	C	-0.29%
OLLI	C	-0.28%
NCLH	C	-0.28%
TNL	D	-0.26%
NWSA	D	-0.26%
CCL	C	-0.25%
CPRT	D	-0.25%
COTY	F	-0.24%
LYFT	D	-0.23%
WYNN	D	-0.23%
MGM	F	-0.22%
ABNB	D	-0.21%
DG	F	-0.17%