HSMV vs. FYT ETF Comparison

Comparison of First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) to First Trust Small Cap Value AlphaDEX Fund (FYT)

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

$33.15

Average Daily Volume

1,109

Number of Holdings ^*

196

* may have additional holdings in another (foreign) market

FYT

First Trust Small Cap Value AlphaDEX Fund

FYT 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 Nasdaq AlphaDEX® Small Cap Value Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks that comprise the index. The index is designed to select value stocks from the NASDAQ US 700 Small Cap Index (the base index) that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX® selection methodology.

Grade (RS Rating)

Last Trade

$50.84

Average Daily Volume

10,662

Number of Holdings ^*

252

* may have additional holdings in another (foreign) market

Performance

Period	HSMV	FYT
30 Days	-1.07%	-3.10%
60 Days	-1.03%	-3.94%
90 Days	-0.40%	-4.02%
12 Months	8.43%	13.97%

23 Overlapping Holdings

Symbol	Grade	Weight in HSMV	Weight in FYT	Overlap
ABM	B	0.35%	0.61%	0.35%
AIN	D	0.53%	0.12%	0.12%
AIR	B	0.39%	0.16%	0.16%
AVA	D	0.48%	0.67%	0.48%
CNO	B	0.52%	0.55%	0.52%
CPK	C	0.63%	0.13%	0.13%
CRI	F	0.45%	0.2%	0.2%
ENOV	F	0.38%	0.1%	0.1%
EPC	B	0.55%	0.42%	0.42%
FHI	C	0.5%	0.37%	0.37%
GO	D	0.35%	0.1%	0.1%
INVA	B	0.53%	0.72%	0.53%
KFY	B	0.54%	0.13%	0.13%
LXP	B	0.69%	0.13%	0.13%
MCRI	D	0.5%	0.25%	0.25%
NMIH	B	0.54%	0.7%	0.54%
NWE	D	0.5%	0.54%	0.5%
PDCO	F	0.28%	0.34%	0.28%
PLXS	D	0.57%	0.29%	0.29%
PNM	D	0.51%	0.39%	0.39%
SR	C	0.49%	0.53%	0.49%
UNF	B	0.53%	0.4%	0.4%
WERN	F	0.52%	0.5%	0.5%

HSMV Overweight 173 Positions Relative to FYT

Symbol	Grade	Weight
CUBE	B	0.69%
UTHR	B	0.67%
GMED	B	0.67%
IDCC	A	0.66%
BJ	B	0.65%
CVLT	B	0.61%
LFUS	C	0.61%
CASY	B	0.6%
EVR	A	0.6%
JJSF	B	0.6%
NBIX	C	0.6%
SWX	D	0.59%
CLH	B	0.59%
CSL	C	0.59%
NYT	A	0.58%
EME	D	0.58%
VRRM	B	0.57%
LANC	B	0.57%
HRB	B	0.57%
FAF	D	0.56%
MUSA	C	0.56%
DTM	B	0.56%
TTEK	D	0.56%
JEF	B	0.56%
MMS	B	0.55%
RGA	C	0.55%
TXRH	B	0.55%
LII	B	0.55%
PRI	C	0.55%
BCPC	A	0.55%
KEX	B	0.55%
OHI	B	0.55%
MTN	F	0.55%
CW	C	0.54%
JHG	B	0.54%
ADC	B	0.54%
SBRA	A	0.54%
NSIT	C	0.54%
EGP	B	0.54%
CACI	B	0.54%
SFM	B	0.54%
ELS	C	0.54%
PRGS	B	0.54%
AM	B	0.53%
GLPI	B	0.53%
GATX	B	0.53%
ALE	C	0.53%
EPRT	A	0.53%
NVT	D	0.53%
EFC	B	0.53%
NFG	D	0.52%
AWR	D	0.52%
ENSG	B	0.52%
EHC	B	0.52%
G	D	0.52%
WTRG	C	0.52%
ACHC	F	0.52%
MTG	B	0.52%
EXP	D	0.52%
LSTR	D	0.52%
USFD	C	0.52%
VOYA	D	0.52%
OGE	C	0.52%
FCPT	B	0.52%
ORI	D	0.52%
ESNT	C	0.52%
COOP	D	0.52%
BRX	B	0.52%
WU	D	0.52%
NNN	B	0.52%
MSGS	B	0.51%
CWT	C	0.51%
MDU	C	0.51%
INGR	D	0.51%
SF	B	0.51%
RDN	B	0.51%
IOSP	D	0.51%
CTRE	A	0.51%
EXEL	C	0.51%
EPR	C	0.51%
AVT	D	0.51%
STAG	B	0.51%
AMH	A	0.51%
FLS	D	0.51%
LOPE	C	0.51%
FR	C	0.51%
ATR	D	0.5%
MAT	F	0.5%
NJR	D	0.5%
AGO	D	0.5%
RLI	D	0.5%
FSS	D	0.5%
SCI	C	0.5%
CHH	B	0.5%
BKH	D	0.5%
POR	D	0.5%
RPM	D	0.5%
ASH	D	0.5%
DLB	D	0.5%
MSA	C	0.5%
VVV	B	0.5%
WPC	D	0.5%
WH	C	0.5%
PECO	C	0.5%
COLM	D	0.5%
ITT	D	0.49%
GGG	D	0.49%
CHE	D	0.49%
FNF	D	0.49%
SEIC	D	0.49%
SNX	D	0.49%
POST	C	0.49%
KBR	D	0.49%
REXR	C	0.49%
OGS	C	0.49%
AGCO	F	0.49%
DCI	D	0.49%
PBH	C	0.49%
IDA	D	0.49%
PFGC	D	0.49%
BWXT	B	0.49%
AFG	D	0.49%
AMG	D	0.49%
GPK	D	0.48%
ACM	D	0.48%
THG	D	0.48%
CHDN	B	0.48%
MIDD	F	0.48%
RS	D	0.48%
GNTX	D	0.48%
PCH	F	0.48%
KNX	C	0.48%
RYN	D	0.48%
TNC	D	0.47%
CBSH	C	0.47%
LAMR	B	0.47%
HXL	D	0.47%
RNR	D	0.47%
FELE	D	0.47%
ROIC	C	0.47%
ARW	D	0.47%
OSK	D	0.46%
MAN	D	0.46%
FNB	C	0.46%
MOG.A	C	0.46%
WTS	D	0.46%
SIGI	F	0.46%
VNT	D	0.46%
SAIC	D	0.45%
SON	F	0.45%
FLO	D	0.45%
SLGN	D	0.45%
R	B	0.44%
ALV	D	0.44%
WEN	F	0.43%
CRUS	A	0.43%
JAZZ	F	0.42%
EVTC	F	0.42%
LECO	F	0.42%
MSM	F	0.42%
ENR	C	0.42%
RGLD	B	0.41%
NSA	B	0.38%
PB	D	0.36%
ORA	C	0.35%
IRT	B	0.35%
ONB	B	0.31%
EXPO	C	0.31%
FCN	D	0.31%
BLKB	D	0.3%
CCOI	D	0.25%
PZZA	F	0.23%
LEG	F	0.18%

HSMV Underweight 229 Positions Relative to FYT

Symbol	Grade	Weight
USM	B	-1.04%
PRDO	C	-0.81%
CRK	D	-0.78%
REVG	D	-0.77%
LILAK	B	-0.74%
ABR	B	-0.73%
SNDR	B	-0.72%
CNX	C	-0.7%
CALM	B	-0.7%
PHIN	D	-0.69%
ATSG	C	-0.68%
PRG	D	-0.68%
LZB	C	-0.66%
FFBC	D	-0.66%
WMK	D	-0.66%
HIW	C	-0.66%
VSH	D	-0.66%
MODG	D	-0.65%
CRC	C	-0.65%
NWN	F	-0.65%
SPB	D	-0.65%
SCHL	D	-0.64%
EIG	C	-0.64%
RC	C	-0.63%
UVV	D	-0.63%
JBT	F	-0.63%
ARCH	C	-0.63%
UAA	F	-0.63%
GHC	D	-0.62%
TGNA	D	-0.62%
CASH	B	-0.61%
DNOW	D	-0.61%
IMKTA	F	-0.61%
SLVM	D	-0.6%
TALO	F	-0.59%
MLKN	D	-0.58%
GEF	F	-0.58%
PINC	F	-0.57%
KN	D	-0.57%
BZH	F	-0.57%
FULT	D	-0.57%
WSFS	B	-0.56%
AX	B	-0.56%
CABO	F	-0.56%
NBHC	B	-0.56%
GDEN	F	-0.56%
BANR	C	-0.55%
IBOC	C	-0.55%
DIOD	C	-0.55%
RLJ	F	-0.55%
BNL	B	-0.55%
HTLD	C	-0.55%
VBTX	C	-0.55%
STBA	B	-0.55%
SASR	C	-0.55%
AAT	B	-0.54%
CATY	D	-0.54%
MRTN	C	-0.54%
HUBG	C	-0.54%
PEBO	D	-0.54%
KSS	F	-0.54%
HE	F	-0.54%
FCF	B	-0.53%
EBC	B	-0.53%
DAN	F	-0.52%
SAH	D	-0.52%
GEO	B	-0.52%
ENVA	B	-0.52%
EFSC	C	-0.52%
OCFC	B	-0.51%
KOS	F	-0.51%
PFS	D	-0.51%
INDB	D	-0.5%
FRME	D	-0.5%
MSGE	D	-0.49%
CUBI	B	-0.48%
SBH	D	-0.47%
REZI	D	-0.47%
ALGT	F	-0.46%
NHC	A	-0.46%
CCS	D	-0.45%
AMN	F	-0.45%
PARR	F	-0.45%
GOGO	D	-0.44%
ICUI	B	-0.44%
NAVI	F	-0.44%
CXW	D	-0.43%
APOG	D	-0.43%
TCBK	C	-0.42%
TRMK	C	-0.42%
SNEX	B	-0.42%
HLF	C	-0.42%
HPP	D	-0.41%
ODP	F	-0.41%
CTOS	F	-0.41%
EAT	C	-0.41%
BKU	C	-0.41%
ADNT	F	-0.41%
EQC	C	-0.41%
SRCE	B	-0.4%
OFG	B	-0.4%
TOWN	B	-0.39%
PFBC	D	-0.39%
NWBI	C	-0.39%
BUSE	B	-0.39%
RYI	F	-0.39%
FIBK	B	-0.39%
OEC	F	-0.38%
SJW	D	-0.38%
WAFD	C	-0.38%
GES	D	-0.38%
RNST	B	-0.38%
BOOT	B	-0.37%
FOXF	C	-0.37%
KMT	F	-0.37%
VSCO	D	-0.37%
BKE	D	-0.36%
HOPE	C	-0.36%
WSBC	D	-0.36%
ANDE	D	-0.35%
SFNC	D	-0.35%
CENTA	D	-0.35%
SSTK	F	-0.34%
HTLF	B	-0.34%
PRIM	D	-0.33%
HELE	F	-0.33%
OLPX	F	-0.33%
LTH	B	-0.33%
JBLU	C	-0.32%
ECVT	D	-0.32%
MATW	F	-0.32%
HTZ	F	-0.31%
LGND	B	-0.31%
LGIH	F	-0.31%
CWEN	D	-0.31%
VAC	F	-0.31%
VCTR	D	-0.31%
MTX	C	-0.3%
LNN	D	-0.3%
WOR	F	-0.3%
WGO	F	-0.29%
DEA	B	-0.29%
NX	F	-0.29%
XRX	F	-0.28%
FBP	B	-0.28%
NBTB	B	-0.28%
CHGG	F	-0.27%
KOP	F	-0.27%
BDC	C	-0.27%
JBGS	B	-0.26%
ASB	D	-0.26%
TRS	D	-0.26%
WD	D	-0.26%
CVBF	C	-0.26%
PCRX	F	-0.26%
UCBI	D	-0.26%
DEI	D	-0.26%
KALU	D	-0.26%
GTY	D	-0.26%
BLMN	F	-0.26%
HTH	D	-0.26%
BHLB	C	-0.26%
PSMT	D	-0.26%
CNXN	D	-0.26%
TCBI	C	-0.26%
KLG	F	-0.25%
AUB	C	-0.25%
NMRK	C	-0.25%
SBCF	D	-0.25%
PLUS	D	-0.25%
XHR	D	-0.25%
FHB	C	-0.25%
DFIN	D	-0.25%
THS	C	-0.25%
FBNC	C	-0.24%
ZD	F	-0.24%
VRTS	D	-0.24%
PATK	D	-0.24%
OMCL	F	-0.24%
CMCO	F	-0.21%
BXC	F	-0.19%
OI	F	-0.18%
TTMI	B	-0.17%
JELD	F	-0.17%
FWRD	D	-0.17%
CBRL	F	-0.16%
MWA	C	-0.15%
CAKE	C	-0.15%
ADUS	B	-0.15%
B	B	-0.15%
ALEX	B	-0.14%
ROG	D	-0.14%
STRA	C	-0.14%
NNI	C	-0.14%
CTS	D	-0.14%
HLIO	D	-0.14%
NIC	C	-0.13%
STC	D	-0.13%
DORM	C	-0.13%
GNW	D	-0.13%
NVEE	F	-0.13%
CBU	B	-0.13%
COHU	B	-0.13%
IBTX	B	-0.13%
PGRE	C	-0.13%
OII	B	-0.13%
HNI	C	-0.13%
MPW	F	-0.13%
SHOO	C	-0.13%
FBK	B	-0.13%
CVCO	D	-0.12%
OXM	D	-0.12%
KFRC	D	-0.12%
VICR	F	-0.12%
APAM	D	-0.12%
ARI	D	-0.12%
SCL	D	-0.12%
SHEN	C	-0.12%
PPBI	F	-0.12%
ATUS	F	-0.11%
CSGS	F	-0.11%
HI	F	-0.11%
DK	F	-0.11%
IART	C	-0.11%
CMTG	D	-0.11%
FDP	F	-0.11%
ARCB	D	-0.1%
ADV	D	-0.1%
PTVE	F	-0.1%