HSMV vs. MDYG ETF Comparison

Comparison of First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) to SPDR S&P 400 Mid Cap Growth ETF (MDYG)

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

MDYG

SPDR S&P 400 Mid Cap Growth ETF

MDYG Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of medium capitalization exchange traded U.S. equity securities exhibiting "growth" characteristics. The fund employs a replication strategy in seeking to track the performance of the S&P MidCap 400 Growth Index. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index measures the performance of the mid-capitalization growth sector in the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$93.48

Average Daily Volume

112,941

Number of Holdings ^*

249

* may have additional holdings in another (foreign) market

Performance

Period	HSMV	MDYG
30 Days	4.88%	6.99%
60 Days	5.46%	6.19%
90 Days	6.96%	7.08%
12 Months	27.49%	34.03%

74 Overlapping Holdings

Symbol	Grade	Weight in HSMV	Weight in MDYG	Overlap
ACM	A	0.57%	0.43%	0.43%
ALV	C	0.29%	0.28%	0.28%
AM	A	1.21%	0.19%	0.19%
AMH	D	1.24%	0.46%	0.46%
ATR	B	2.09%	0.44%	0.44%
BLKB	B	0.41%	0.13%	0.13%
BRX	A	0.48%	0.24%	0.24%
BWXT	B	0.48%	0.76%	0.48%
CACI	D	1.29%	0.26%	0.26%
CASY	A	0.26%	0.97%	0.26%
CBSH	A	0.83%	0.22%	0.22%
CDP	C	0.63%	0.08%	0.08%
CHDN	B	0.45%	0.67%	0.45%
CHE	D	1.16%	0.33%	0.33%
CHH	A	0.56%	0.1%	0.1%
CLH	B	0.38%	0.82%	0.38%
COLM	B	0.55%	0.09%	0.09%
CSL	C	0.33%	1.34%	0.33%
CUBE	D	0.24%	0.38%	0.24%
CW	B	0.67%	0.58%	0.58%
DCI	B	1.33%	0.34%	0.34%
DLB	B	0.85%	0.16%	0.16%
DTM	B	2.06%	0.39%	0.39%
EGP	F	0.63%	0.33%	0.33%
EHC	B	0.9%	0.29%	0.29%
ELS	C	0.81%	0.55%	0.55%
ENSG	D	0.73%	0.53%	0.53%
EPR	D	0.79%	0.13%	0.13%
EVR	B	0.34%	0.48%	0.34%
EXEL	B	0.38%	0.65%	0.38%
FCN	D	0.49%	0.45%	0.45%
FLS	B	0.52%	0.22%	0.22%
FR	C	0.45%	0.21%	0.21%
GATX	A	0.56%	0.13%	0.13%
GGG	B	1.06%	0.97%	0.97%
GLPI	C	0.99%	0.37%	0.37%
GNTX	C	0.99%	0.29%	0.29%
HRB	D	0.26%	0.53%	0.26%
HXL	D	0.22%	0.15%	0.15%
IDA	A	1.65%	0.16%	0.16%
INGR	B	1.65%	0.22%	0.22%
ITT	A	0.38%	0.8%	0.38%
JAZZ	B	0.33%	0.21%	0.21%
KBR	F	0.75%	0.24%	0.24%
KEX	C	0.31%	0.2%	0.2%
LAMR	D	0.43%	0.42%	0.42%
LANC	C	0.46%	0.11%	0.11%
LECO	B	0.34%	0.76%	0.34%
LFUS	F	0.24%	0.28%	0.24%
LII	A	0.26%	1.28%	0.26%
LOPE	B	0.74%	0.31%	0.31%
LSTR	D	0.76%	0.29%	0.29%
MIDD	C	0.28%	0.23%	0.23%
MMS	F	0.89%	0.23%	0.23%
MSA	D	0.8%	0.44%	0.44%
MSM	C	0.44%	0.13%	0.13%
MTG	C	0.55%	0.16%	0.16%
MTN	C	0.29%	0.28%	0.28%
MUSA	A	0.47%	0.64%	0.47%
NNN	D	1.01%	0.18%	0.18%
NSA	D	0.13%	0.09%	0.09%
NYT	C	0.95%	0.57%	0.57%
OHI	C	1.08%	0.27%	0.27%
PRI	A	0.78%	0.65%	0.65%
REXR	F	0.2%	0.23%	0.2%
RGLD	C	0.34%	0.31%	0.31%
RLI	B	1.42%	0.31%	0.31%
RNR	C	0.67%	0.48%	0.48%
RPM	A	0.68%	0.61%	0.61%
RS	B	0.54%	1.1%	0.54%
RYN	D	0.42%	0.1%	0.1%
SAIC	F	0.35%	0.15%	0.15%
SCI	B	0.62%	0.4%	0.4%
SEIC	B	1.89%	0.26%	0.26%

HSMV Overweight 73 Positions Relative to MDYG

Symbol	Grade	Weight
ORI	A	1.76%
OGE	B	1.59%
POST	C	1.56%
CTRE	D	1.54%
MSGS	A	1.4%
ADC	B	1.34%
FHI	A	1.26%
NJR	A	1.24%
NFG	A	1.18%
FLO	D	1.17%
NWE	B	1.13%
AFG	A	1.08%
POR	C	1.07%
BKH	A	0.9%
FCPT	C	0.86%
IDCC	A	0.77%
AVA	A	0.76%
PBH	A	0.76%
EFC	C	0.76%
PECO	A	0.74%
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%
PRGS	A	0.58%
FELE	B	0.56%
SBRA	C	0.55%
NMIH	D	0.55%
BCPC	B	0.53%
CWT	D	0.51%
FNF	B	0.51%
EPC	D	0.49%
AVT	C	0.49%
JEF	A	0.46%
PFGC	B	0.45%
ARW	D	0.45%
PB	A	0.45%
CNO	A	0.44%
ENR	B	0.43%
RDN	C	0.4%
FAF	A	0.4%
FNB	A	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%
LXP	D	0.34%
MAN	D	0.32%
AGCO	D	0.31%
JJSF	B	0.31%
ONB	B	0.31%
R	B	0.3%
KFY	B	0.29%
EVTC	B	0.28%
OSK	B	0.28%
ORA	B	0.27%
PLXS	B	0.27%
FSS	B	0.24%
AIN	C	0.24%
IRT	A	0.23%
CRI	D	0.21%
PCH	D	0.19%

HSMV Underweight 175 Positions Relative to MDYG

Symbol	Grade	Weight
EME	C	-1.5%
WSO	A	-1.18%
MANH	D	-1.11%
TPL	A	-1.11%
OC	A	-1.1%
RBA	A	-1.1%
WSM	B	-1.09%
DT	C	-1.04%
TOL	B	-1.02%
FIX	A	-1.01%
PSTG	D	-0.99%
SAIA	B	-0.93%
TXRH	C	-0.86%
NBIX	C	-0.8%
NVT	B	-0.79%
DUOL	A	-0.78%
OVV	B	-0.76%
IBKR	A	-0.74%
TTEK	F	-0.71%
FND	C	-0.71%
BLD	D	-0.7%
KNSL	B	-0.68%
WWD	B	-0.67%
AIT	A	-0.67%
BURL	A	-0.66%
EXP	A	-0.66%
WING	D	-0.63%
HLI	B	-0.63%
TPX	B	-0.62%
PR	B	-0.62%
MORN	B	-0.6%
PEN	B	-0.59%
RBC	A	-0.59%
FN	D	-0.59%
WMS	D	-0.59%
PCTY	B	-0.58%
AXTA	A	-0.58%
AAON	B	-0.58%
CR	A	-0.55%
MEDP	D	-0.55%
SRPT	D	-0.54%
XPO	B	-0.53%
ONTO	D	-0.53%
PLNT	A	-0.53%
RRC	B	-0.53%
SKX	D	-0.53%
LNW	D	-0.53%
UFPI	B	-0.52%
EQH	B	-0.52%
CHRD	D	-0.52%
HLNE	B	-0.51%
SSD	D	-0.5%
TREX	C	-0.5%
UTHR	C	-0.5%
EWBC	A	-0.5%
OLED	D	-0.48%
ANF	C	-0.48%
RGEN	D	-0.48%
WEX	D	-0.48%
ESAB	B	-0.47%
RYAN	B	-0.47%
H	B	-0.46%
GTLS	B	-0.46%
COKE	C	-0.46%
ELF	C	-0.45%
LSCC	D	-0.45%
BMRN	D	-0.45%
HALO	F	-0.44%
MTDR	B	-0.44%
DBX	B	-0.43%
WFRD	D	-0.4%
ALTR	B	-0.4%
VNT	B	-0.39%
AVTR	F	-0.39%
DKS	C	-0.39%
SFM	A	-0.38%
CNX	A	-0.38%
CROX	D	-0.38%
OLLI	D	-0.37%
RMBS	C	-0.37%
WTS	B	-0.37%
QLYS	C	-0.36%
VVV	F	-0.36%
LNTH	D	-0.36%
APPF	B	-0.35%
CCK	C	-0.33%
WAL	B	-0.33%
CG	A	-0.33%
AYI	B	-0.33%
BRBR	A	-0.32%
BYD	C	-0.32%
WH	B	-0.32%
FIVE	F	-0.31%
MTSI	B	-0.3%
CNM	D	-0.3%
WTRG	B	-0.3%
CIVI	D	-0.3%
CVLT	B	-0.29%
GXO	B	-0.29%
LPX	B	-0.29%
MASI	A	-0.28%
TTC	D	-0.27%
BCO	D	-0.27%
EXLS	B	-0.27%
NEU	C	-0.27%
WLK	D	-0.27%
CELH	F	-0.27%
HQY	B	-0.27%
CBT	C	-0.26%
CIEN	B	-0.26%
PNFP	B	-0.25%
CHX	C	-0.25%
ACHC	F	-0.24%
FBIN	D	-0.24%
MKSI	C	-0.24%
CFR	B	-0.24%
KNF	A	-0.24%
NOVT	D	-0.23%
BRKR	D	-0.23%
WMG	C	-0.23%
TKO	B	-0.22%
VAL	D	-0.22%
PSN	D	-0.22%
SLAB	D	-0.22%
VOYA	B	-0.21%
DOCS	C	-0.21%
BC	C	-0.21%
STAG	F	-0.21%
SIGI	C	-0.21%
CGNX	C	-0.2%
PK	B	-0.2%
CRUS	D	-0.2%
ROIV	C	-0.2%
CYTK	F	-0.19%
COTY	F	-0.18%
HAE	C	-0.18%
KBH	D	-0.18%
MAT	D	-0.18%
TDC	D	-0.18%
OZK	B	-0.17%
TNL	A	-0.17%
ARWR	F	-0.17%
HWC	B	-0.17%
EXPO	D	-0.16%
SHC	F	-0.15%
EEFT	B	-0.15%
FFIN	B	-0.14%
RH	B	-0.14%
TEX	D	-0.13%
CHWY	B	-0.13%
OLN	D	-0.13%
MUR	D	-0.13%
OPCH	D	-0.13%
SLM	A	-0.13%
YETI	C	-0.13%
CAR	C	-0.12%
TKR	D	-0.12%
IBOC	A	-0.11%
ENS	D	-0.11%
HGV	B	-0.11%
WEN	D	-0.11%
IRDM	D	-0.11%
POWI	D	-0.11%
AZTA	D	-0.09%
NSP	D	-0.09%
SMG	D	-0.08%
SYNA	C	-0.08%
AMED	F	-0.08%
SAM	C	-0.08%
LIVN	F	-0.07%
ALGM	D	-0.07%
VC	D	-0.07%
CPRI	F	-0.07%
IPGP	D	-0.06%
ZI	D	-0.06%