HSMV vs. MDYV ETF Comparison

Comparison of First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) to SPDR S&P 400 Mid Cap Value ETF (based on S&P MidCap 400 Value Index (MDYV)

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

$38.09

Average Daily Volume

1,340

Number of Holdings ^*

147

* may have additional holdings in another (foreign) market

MDYV

SPDR S&P 400 Mid Cap Value ETF (based on S&P MidCap 400 Value Index

MDYV 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 "value" characteristics. The fund employs a replication strategy in seeking to track the performance of the S&P MidCap 400 Value 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 value sector in the U.S. equity market. It is non-diversified.

Grade (RS Rating)

Last Trade

$84.47

Average Daily Volume

306,570

Number of Holdings ^*

284

* may have additional holdings in another (foreign) market

Performance

Period	HSMV	MDYV
30 Days	3.72%	5.14%
60 Days	5.02%	7.05%
90 Days	5.82%	7.90%
12 Months	26.13%	29.56%

97 Overlapping Holdings

Symbol	Grade	Weight in HSMV	Weight in MDYV	Overlap
ACM	B	0.57%	0.52%	0.52%
ADC	A	1.29%	0.51%	0.51%
AFG	A	1.08%	0.69%	0.69%
AGCO	D	0.29%	0.39%	0.29%
ALV	C	0.29%	0.19%	0.19%
AM	A	1.19%	0.14%	0.14%
AMG	B	0.62%	0.38%	0.38%
AMH	C	1.21%	0.32%	0.32%
ARW	D	0.46%	0.41%	0.41%
ASH	F	0.36%	0.26%	0.26%
ATR	B	2.16%	0.32%	0.32%
AVT	C	0.5%	0.32%	0.32%
BJ	A	0.37%	0.78%	0.37%
BKH	A	0.87%	0.29%	0.29%
BLKB	B	0.42%	0.09%	0.09%
BRX	A	0.47%	0.33%	0.33%
CACI	D	1.62%	0.47%	0.47%
CBSH	B	0.81%	0.33%	0.33%
CDP	C	0.67%	0.14%	0.14%
CHE	D	1.15%	0.23%	0.23%
CHH	A	0.55%	0.11%	0.11%
CNO	B	0.44%	0.28%	0.28%
COLM	C	0.55%	0.1%	0.1%
CRI	F	0.21%	0.13%	0.13%
CUBE	C	0.24%	0.33%	0.24%
CW	C	0.72%	0.33%	0.33%
DCI	B	1.34%	0.27%	0.27%
DLB	B	0.88%	0.13%	0.13%
DTM	A	1.97%	0.24%	0.24%
EGP	D	0.63%	0.21%	0.21%
EHC	B	0.92%	0.38%	0.38%
ELS	C	0.81%	0.32%	0.32%
EPR	C	0.79%	0.09%	0.09%
ESNT	F	0.66%	0.4%	0.4%
EVR	B	0.36%	0.22%	0.22%
FAF	A	0.38%	0.45%	0.38%
FHI	B	1.23%	0.22%	0.22%
FLO	D	1.12%	0.29%	0.29%
FLS	B	0.52%	0.29%	0.29%
FNB	A	0.38%	0.4%	0.38%
FNF	B	0.49%	1.07%	0.49%
FR	D	0.44%	0.24%	0.24%
G	B	0.36%	0.5%	0.36%
GATX	A	0.56%	0.23%	0.23%
GLPI	C	0.96%	0.51%	0.51%
GNTX	C	0.98%	0.17%	0.17%
GPK	C	0.36%	0.57%	0.36%
HXL	F	0.23%	0.17%	0.17%
IDA	A	1.59%	0.26%	0.26%
INGR	C	1.74%	0.42%	0.42%
IRT	A	0.22%	0.32%	0.22%
JAZZ	B	0.35%	0.3%	0.3%
JEF	A	0.45%	0.8%	0.45%
JHG	B	0.65%	0.39%	0.39%
KBR	F	0.91%	0.29%	0.29%
KEX	B	0.31%	0.29%	0.29%
LAMR	C	0.43%	0.32%	0.32%
LANC	C	0.49%	0.12%	0.12%
LFUS	D	0.25%	0.13%	0.13%
LSTR	D	0.78%	0.14%	0.14%
MAN	F	0.32%	0.2%	0.2%
MIDD	C	0.28%	0.25%	0.25%
MMS	F	1.01%	0.09%	0.09%
MSM	C	0.47%	0.12%	0.12%
MTG	C	0.54%	0.27%	0.27%
MTN	C	0.29%	0.15%	0.15%
NFG	A	1.14%	0.37%	0.37%
NJR	A	1.19%	0.32%	0.32%
NNN	C	0.99%	0.33%	0.33%
NSA	C	0.13%	0.1%	0.1%
NWE	B	1.09%	0.23%	0.23%
OGE	A	1.57%	0.57%	0.57%
OGS	A	0.69%	0.28%	0.28%
OHI	C	1.11%	0.41%	0.41%
ONB	C	0.32%	0.47%	0.32%
ORA	B	0.27%	0.29%	0.27%
ORI	A	1.69%	0.6%	0.6%
OSK	C	0.29%	0.49%	0.29%
PB	B	0.44%	0.53%	0.44%
PCH	F	0.19%	0.2%	0.19%
PFGC	B	0.45%	0.9%	0.45%
POR	C	1.06%	0.32%	0.32%
POST	C	1.53%	0.34%	0.34%
R	B	0.3%	0.48%	0.3%
REXR	F	0.19%	0.38%	0.19%
RGA	A	0.65%	1.02%	0.65%
RGLD	C	0.33%	0.3%	0.3%
RLI	A	1.38%	0.17%	0.17%
RNR	C	0.66%	0.41%	0.41%
RPM	A	0.66%	0.54%	0.54%
RYN	D	0.41%	0.17%	0.17%
SAIC	F	0.44%	0.28%	0.28%
SBRA	C	0.58%	0.29%	0.29%
SCI	B	0.61%	0.4%	0.4%
SEIC	B	1.86%	0.27%	0.27%
SF	B	0.73%	0.8%	0.73%
SLGN	A	0.66%	0.3%	0.3%

HSMV Overweight 50 Positions Relative to MDYV

Symbol	Grade	Weight
CTRE	C	1.53%
MSGS	A	1.41%
GGG	B	1.02%
NYT	D	0.97%
FCPT	C	0.82%
MSA	F	0.81%
IDCC	B	0.77%
PRI	B	0.76%
LOPE	C	0.76%
ENSG	C	0.75%
EFC	C	0.75%
PBH	A	0.74%
PECO	A	0.73%
AWR	B	0.72%
AVA	A	0.72%
CPK	A	0.64%
AGO	B	0.64%
EPRT	B	0.63%
MDU	D	0.61%
PRGS	A	0.59%
FELE	B	0.57%
RS	B	0.55%
NMIH	C	0.54%
BCPC	B	0.53%
CWT	C	0.51%
FCN	F	0.5%
EPC	F	0.49%
BWXT	B	0.47%
MUSA	B	0.46%
CHDN	B	0.45%
ENR	B	0.42%
CLH	C	0.4%
RDN	D	0.39%
EXEL	B	0.39%
ITT	A	0.38%
ABM	B	0.37%
IOSP	C	0.36%
LXP	D	0.35%
COOP	B	0.35%
LECO	C	0.35%
JJSF	C	0.33%
CSL	C	0.33%
KFY	B	0.29%
EVTC	B	0.28%
PLXS	B	0.27%
HRB	D	0.26%
CASY	A	0.25%
LII	A	0.25%
AIN	C	0.24%
FSS	B	0.23%

HSMV Underweight 187 Positions Relative to MDYV

Symbol	Grade	Weight
ILMN	C	-1.53%
DOCU	B	-1.11%
USFD	A	-1.09%
THC	D	-1.05%
COHR	B	-1.03%
JLL	D	-0.84%
UNM	A	-0.83%
WPC	C	-0.81%
RRX	B	-0.77%
FHN	A	-0.73%
GME	C	-0.72%
AA	A	-0.72%
ARMK	B	-0.69%
WBS	A	-0.69%
ALLY	C	-0.67%
LAD	A	-0.67%
UTHR	C	-0.64%
WCC	B	-0.63%
CNH	C	-0.63%
AAL	B	-0.63%
GMED	A	-0.62%
XPO	B	-0.62%
KNX	C	-0.61%
AR	B	-0.6%
FLR	B	-0.59%
WTFC	A	-0.59%
SNX	D	-0.59%
ZION	B	-0.59%
SFM	A	-0.57%
MTZ	B	-0.57%
TPL	A	-0.57%
AVTR	F	-0.56%
SSB	B	-0.55%
X	B	-0.55%
IBKR	A	-0.54%
SNV	C	-0.54%
FYBR	C	-0.52%
BERY	C	-0.51%
TMHC	C	-0.49%
EQH	C	-0.48%
VNO	C	-0.47%
CADE	B	-0.47%
BURL	B	-0.46%
CMC	B	-0.46%
VMI	B	-0.46%
DINO	D	-0.46%
EWBC	A	-0.45%
BIO	C	-0.45%
COLB	B	-0.44%
DAR	C	-0.44%
KD	B	-0.44%
GBCI	B	-0.43%
NOV	C	-0.43%
STWD	C	-0.42%
WHR	B	-0.42%
KRG	B	-0.4%
CIEN	C	-0.4%
LITE	B	-0.39%
PVH	C	-0.39%
THO	B	-0.39%
THG	A	-0.39%
PNFP	B	-0.38%
CG	B	-0.38%
FBIN	D	-0.38%
HOMB	A	-0.38%
CCK	D	-0.38%
UBSI	B	-0.38%
UMBF	B	-0.37%
BMRN	F	-0.37%
CLF	F	-0.37%
LEA	F	-0.36%
DKS	D	-0.36%
CFR	B	-0.35%
AYI	B	-0.34%
UGI	C	-0.34%
WTRG	B	-0.34%
NXST	C	-0.34%
BDC	C	-0.33%
GAP	C	-0.33%
WAL	B	-0.33%
ST	F	-0.33%
SON	F	-0.33%
AVNT	B	-0.32%
CUZ	B	-0.32%
VLY	B	-0.32%
VOYA	B	-0.32%
SWX	B	-0.31%
AN	C	-0.3%
BRBR	A	-0.3%
TTC	C	-0.3%
TKO	A	-0.3%
KMPR	A	-0.29%
M	F	-0.29%
HQY	A	-0.28%
TCBI	C	-0.28%
ASGN	F	-0.28%
PNM	B	-0.28%
KRC	B	-0.28%
ASB	B	-0.27%
SR	A	-0.26%
HOG	D	-0.26%
MKSI	C	-0.26%
CGNX	D	-0.26%
PRGO	C	-0.25%
ALE	A	-0.25%
PII	F	-0.24%
CYTK	F	-0.24%
WU	F	-0.24%
MAT	D	-0.24%
XRAY	F	-0.24%
NVST	B	-0.23%
CNM	D	-0.23%
FFIN	B	-0.22%
GHC	B	-0.22%
DOCS	C	-0.22%
STAG	D	-0.22%
PBF	D	-0.21%
BHF	C	-0.21%
SLM	A	-0.21%
EXLS	B	-0.21%
OLN	F	-0.2%
TKR	D	-0.2%
AMKR	D	-0.2%
CVLT	B	-0.2%
VAC	C	-0.2%
PAG	B	-0.2%
KBH	D	-0.19%
CC	C	-0.19%
NEOG	F	-0.19%
WH	B	-0.18%
CHWY	B	-0.18%
GXO	B	-0.18%
RH	C	-0.18%
GT	C	-0.18%
MASI	B	-0.18%
MUR	D	-0.18%
MTSI	B	-0.18%
SIGI	C	-0.18%
CXT	C	-0.18%
EXPO	D	-0.17%
LPX	B	-0.17%
HWC	B	-0.17%
ENOV	C	-0.17%
NOVT	D	-0.17%
CRUS	D	-0.16%
BRKR	D	-0.16%
OZK	B	-0.16%
IBOC	B	-0.15%
JWN	D	-0.15%
ENS	F	-0.15%
RCM	A	-0.15%
ALGM	D	-0.14%
PPC	C	-0.14%
ZI	D	-0.14%
SRPT	F	-0.14%
BC	C	-0.14%
UAA	C	-0.13%
CNXC	F	-0.13%
ROIV	C	-0.13%
CHX	C	-0.13%
SMG	C	-0.13%
CBT	D	-0.13%
EEFT	B	-0.13%
AMED	F	-0.12%
GEF	A	-0.12%
IRDM	D	-0.12%
SYNA	C	-0.12%
POWI	F	-0.12%
LIVN	F	-0.12%
VSH	F	-0.12%
HAE	C	-0.12%
OPCH	D	-0.11%
WEN	D	-0.1%
SAM	C	-0.1%
TEX	F	-0.1%
KNF	B	-0.1%
PSN	D	-0.09%
NSP	F	-0.09%
VC	F	-0.09%
TNL	A	-0.08%
IPGP	D	-0.08%
UA	C	-0.08%
YETI	D	-0.08%
CPRI	F	-0.08%
HGV	C	-0.07%
WMG	D	-0.07%
AZTA	D	-0.05%