HSMV vs. QVMS ETF Comparison

Comparison of First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) to Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS)
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

$36.37

Average Daily Volume

1,241

Number of Holdings *

196

* may have additional holdings in another (foreign) market
QVMS

Invesco S&P SmallCap 600 QVM Multi-factor ETF

QVMS Description The investment seeks to track the investment results of the S&P SmallCap 600 ® Quality, Value & Momentum Top 90% Multi- Factor Index (the “underlying index”). The fund will invest at least 90% of its total assets in the securities that comprise the index. S&P Dow Jones Indices LLC compiles, maintains and calculates the index, designed to track the performance of a subset of securities from the S&P SmallCap 600 ® Index that exhibit the investment style criteria of quality, value and momentum. The index is composed of securities with multi-factor scores representing the top 90% of the parent index, as determined by the index provider. It is non-diversified.

Grade (RS Rating)

Last Trade

$27.06

Average Daily Volume

606

Number of Holdings *

514

* may have additional holdings in another (foreign) market
Performance
Period HSMV QVMS
30 Days 2.27% 1.81%
60 Days 4.39% 2.09%
90 Days 9.34% 10.45%
12 Months 19.61% 22.39%
41 Overlapping Holdings
Symbol Grade Weight in HSMV Weight in QVMS Overlap
ABM D 0.32% 0.26% 0.26%
AGO C 0.46% 0.38% 0.38%
AIN D 0.51% 0.24% 0.24%
AIR C 0.33% 0.2% 0.2%
AVA B 0.51% 0.28% 0.28%
AWR B 0.57% 0.28% 0.28%
BCPC C 0.57% 0.48% 0.48%
CCOI C 0.31% 0.29% 0.29%
COOP B 0.52% 0.51% 0.51%
CPK B 0.67% 0.25% 0.25%
CTRE B 0.58% 0.36% 0.36%
CWT C 0.54% 0.29% 0.29%
EFC B 0.54% 0.09% 0.09%
ENR F 0.39% 0.17% 0.17%
ENSG C 0.61% 0.76% 0.61%
EPC F 0.46% 0.16% 0.16%
EPRT A 0.58% 0.44% 0.44%
EVTC D 0.39% 0.2% 0.2%
FCPT A 0.59% 0.24% 0.24%
FELE C 0.44% 0.34% 0.34%
FSS D 0.47% 0.49% 0.47%
IDCC B 0.7% 0.29% 0.29%
INVA B 0.6% 0.1% 0.1%
IOSP D 0.41% 0.25% 0.25%
JJSF C 0.57% 0.22% 0.22%
KFY B 0.54% 0.34% 0.34%
LXP B 0.72% 0.25% 0.25%
MCRI B 0.52% 0.09% 0.09%
MOG.A B 0.49% 0.49% 0.49%
NMIH B 0.61% 0.29% 0.29%
NSIT C 0.51% 0.49% 0.49%
PBH B 0.48% 0.31% 0.31%
PDCO F 0.23% 0.17% 0.17%
PECO B 0.55% 0.41% 0.41%
PLXS B 0.62% 0.33% 0.33%
PRGS C 0.54% 0.23% 0.23%
RDN B 0.54% 0.47% 0.47%
ROIC B 0.54% 0.17% 0.17%
TNC D 0.41% 0.16% 0.16%
UNF B 0.53% 0.25% 0.25%
VRRM D 0.52% 0.41% 0.41%
HSMV Overweight 155 Positions Relative to QVMS
Symbol Grade Weight
CUBE B 0.78%
CVLT B 0.69%
UTHR C 0.68%
EVR B 0.67%
HRB C 0.64%
FAF B 0.64%
GMED D 0.64%
ADC C 0.63%
SFM B 0.63%
OHI A 0.62%
JEF B 0.61%
ELS C 0.59%
SBRA B 0.59%
BRX B 0.59%
G C 0.59%
MTG B 0.58%
GLPI B 0.58%
FR C 0.58%
MUSA C 0.58%
CLH B 0.58%
EXP B 0.57%
NNN B 0.57%
CNO B 0.57%
NYT C 0.57%
TTEK C 0.57%
PRI B 0.56%
ESNT B 0.56%
ORI A 0.56%
EGP B 0.56%
DTM B 0.56%
EXEL B 0.56%
INGR A 0.56%
STAG C 0.55%
ACHC C 0.55%
EPR B 0.55%
CW B 0.55%
BJ D 0.55%
EME B 0.55%
CACI B 0.55%
FNF A 0.55%
OGE B 0.55%
CASY D 0.55%
LFUS D 0.55%
NFG B 0.54%
SWX C 0.54%
CSL C 0.54%
REXR C 0.53%
POR B 0.53%
USFD B 0.53%
WPC B 0.53%
MAT C 0.53%
THG A 0.53%
LII B 0.53%
PNM B 0.53%
JHG B 0.53%
OGS B 0.52%
SR B 0.52%
WTRG D 0.52%
SCI B 0.52%
NWE A 0.52%
EHC B 0.52%
MTN D 0.52%
IDA B 0.52%
AMH C 0.52%
BKH B 0.52%
RPM B 0.52%
RGA B 0.52%
RNR B 0.51%
MSGS B 0.51%
MMS D 0.51%
RLI B 0.51%
ALE A 0.51%
POST C 0.51%
NJR B 0.51%
PCH C 0.5%
LOPE D 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 A 0.49%
RYN C 0.49%
SAIC C 0.49%
WU D 0.49%
ATR B 0.49%
WH B 0.49%
PFGC B 0.49%
COLM B 0.49%
AMG C 0.49%
CBSH C 0.49%
KEX C 0.49%
TXRH D 0.48%
KNX C 0.48%
AM B 0.48%
SEIC B 0.48%
MDU B 0.48%
ACM B 0.48%
CHH C 0.48%
CHE C 0.48%
BWXT D 0.47%
AVT D 0.47%
ITT C 0.47%
MIDD C 0.47%
CRI C 0.47%
GGG C 0.47%
LAMR A 0.46%
DCI D 0.46%
FLS D 0.46%
FNB D 0.46%
ARW C 0.46%
FLO C 0.45%
SON C 0.45%
CHDN C 0.45%
WTS C 0.45%
MAN C 0.44%
KBR D 0.44%
RS D 0.44%
SNX D 0.44%
R B 0.44%
VVV D 0.43%
MSA C 0.43%
NSA B 0.42%
CRUS D 0.42%
AGCO D 0.42%
SIGI C 0.42%
RGLD B 0.42%
HXL F 0.42%
ASH D 0.42%
PB B 0.41%
NVT D 0.41%
DLB D 0.41%
GNTX F 0.4%
OSK D 0.4%
MSM D 0.4%
JAZZ D 0.39%
WEN C 0.39%
IRT B 0.37%
ALV F 0.37%
LECO F 0.37%
VNT D 0.37%
ENOV F 0.34%
ONB C 0.32%
EXPO B 0.32%
ORA C 0.32%
FCN C 0.3%
BLKB B 0.3%
GO F 0.25%
PZZA D 0.22%
LEG D 0.18%
HSMV Underweight 473 Positions Relative to QVMS
Symbol Grade Weight
ATI C -0.74%
MLI B -0.72%
FN D -0.71%
MTH B -0.65%
CRS B -0.63%
SPSC D -0.62%
GKOS D -0.55%
BMI B -0.54%
LUMN C -0.52%
JXN B -0.52%
AWI B -0.49%
MMSI B -0.49%
DY B -0.48%
ACIW B -0.47%
OGN D -0.47%
LNC D -0.46%
BCC C -0.45%
ALK C -0.45%
AVAV D -0.43%
IBP C -0.42%
SM D -0.42%
MATX C -0.42%
MGY C -0.41%
GPI B -0.41%
ABG F -0.4%
ASO C -0.4%
MC B -0.4%
ITRI C -0.4%
AL D -0.4%
ACA C -0.39%
FUL D -0.39%
ALKS C -0.38%
ITGR B -0.38%
MHO B -0.38%
BOOT B -0.37%
TPH C -0.37%
SLG B -0.37%
PIPR B -0.36%
RDNT B -0.35%
HASI B -0.35%
ABCB B -0.35%
SFBS B -0.34%
AEO D -0.34%
KTB B -0.34%
BGC B -0.34%
FTDR B -0.34%
SHAK C -0.34%
SEM D -0.33%
SANM D -0.33%
AEIS D -0.32%
MAC B -0.32%
IAC C -0.32%
IIPR B -0.32%
WD B -0.31%
WDFC B -0.31%
HIW B -0.31%
UCBI B -0.31%
SIG C -0.31%
HP D -0.3%
MGEE B -0.3%
SKT B -0.3%
CWEN B -0.3%
NOG D -0.3%
BRC B -0.3%
GMS C -0.3%
ENV C -0.3%
MARA F -0.3%
FBP C -0.3%
AUB C -0.3%
GVA B -0.29%
SMPL D -0.29%
MPW C -0.29%
EAT B -0.29%
BXMT C -0.29%
OTTR D -0.29%
FULT C -0.29%
FORM F -0.29%
CBU C -0.28%
LBRT D -0.28%
LRN B -0.28%
CVCO B -0.28%
DXC C -0.28%
AX D -0.28%
SHOO B -0.28%
DORM B -0.28%
SXT C -0.28%
ICUI B -0.28%
NPO C -0.28%
APLE D -0.27%
LCII C -0.27%
CORT B -0.27%
WSFS C -0.27%
GNW B -0.27%
ESE B -0.27%
RUSHA C -0.27%
CRC C -0.27%
CATY B -0.27%
PATK B -0.26%
HCC F -0.26%
SKYW C -0.26%
RXO D -0.26%
CNK B -0.26%
FHB C -0.26%
NWL D -0.26%
APAM C -0.26%
CALM B -0.26%
HUBG C -0.25%
ACLS F -0.25%
AROC C -0.25%
CCS B -0.25%
ATGE D -0.25%
DEI B -0.25%
ALRM F -0.25%
DIOD F -0.25%
REZI D -0.25%
PRFT A -0.24%
SFNC B -0.24%
INDB C -0.24%
SLVM B -0.24%
PTEN F -0.24%
TRN C -0.24%
JBT D -0.24%
SATS B -0.24%
CRVL B -0.24%
PJT B -0.24%
BOH C -0.23%
ABR B -0.23%
TBBK B -0.23%
CEIX D -0.23%
BL D -0.23%
CWK B -0.23%
BKU C -0.23%
AMR F -0.22%
PFS B -0.22%
HNI B -0.22%
OII D -0.22%
DV F -0.22%
GFF C -0.22%
FFBC C -0.22%
BTU D -0.22%
UE B -0.22%
WAFD B -0.22%
ARCH F -0.22%
AAP F -0.22%
CPRX B -0.21%
AZZ C -0.21%
PPBI D -0.21%
PLUS B -0.21%
AKR C -0.21%
PRK C -0.21%
CNMD D -0.21%
SITM B -0.21%
MTX D -0.21%
PINC C -0.21%
EPAC B -0.2%
TDS C -0.2%
PSMT B -0.2%
VSTO B -0.2%
HBI B -0.2%
GSHD B -0.2%
MTRN D -0.2%
KLIC D -0.2%
SNEX C -0.2%
OMCL C -0.2%
ARCB D -0.2%
CNS B -0.2%
ENVA C -0.2%
YELP F -0.2%
CVBF C -0.2%
MYGN B -0.2%
CENTA D -0.2%
SBCF C -0.2%
OSIS C -0.2%
PLMR B -0.2%
KWR D -0.2%
PHIN B -0.2%
VCEL D -0.2%
IBTX B -0.19%
PRG B -0.19%
JOE C -0.19%
KSS F -0.19%
VSCO C -0.19%
NBTB D -0.19%
THS C -0.19%
UFPT C -0.19%
AGYS D -0.19%
CARG B -0.19%
ROCK D -0.19%
ASTH B -0.19%
LGIH C -0.19%
HWKN B -0.19%
FL D -0.19%
IPAR D -0.19%
VSTS D -0.18%
SXI C -0.18%
OI D -0.18%
HI F -0.18%
TRMK C -0.18%
STC B -0.18%
ADUS B -0.18%
NEO C -0.18%
KMT B -0.18%
CXW F -0.18%
STRA D -0.18%
OFG C -0.18%
SHO D -0.18%
MLKN D -0.18%
JBLU D -0.17%
RNST D -0.17%
VIAV D -0.17%
URBN D -0.17%
FTRE F -0.17%
PRVA D -0.17%
ALG D -0.17%
HAYW C -0.17%
BANR B -0.17%
MRCY C -0.17%
WGO D -0.16%
LMAT B -0.16%
KAR D -0.16%
FBNC B -0.16%
GEO F -0.16%
B D -0.16%
AMPH C -0.16%
DRH C -0.16%
GRBK B -0.16%
SJW C -0.16%
LGND C -0.16%
TTMI D -0.16%
LZB C -0.16%
CAKE C -0.15%
ROG D -0.15%
TRUP C -0.15%
MCY C -0.15%
RAMP F -0.15%
MYRG F -0.15%
TALO F -0.15%
NWBI C -0.15%
HLIT C -0.15%
NHC D -0.15%
DFIN B -0.15%
CHCO B -0.15%
AMN F -0.15%
FCF C -0.15%
SUPN C -0.15%
NBHC C -0.14%
STAA F -0.14%
PEB D -0.14%
THRM D -0.14%
BHE C -0.14%
GBX C -0.14%
VECO F -0.14%
SCL D -0.14%
BANF B -0.14%
CABO F -0.14%
LTC B -0.14%
POWL C -0.14%
BLMN F -0.14%
FBK B -0.14%
GTY B -0.14%
STBA B -0.14%
CASH B -0.14%
LKFN C -0.14%
TRIP F -0.13%
APOG B -0.13%
ALEX B -0.13%
WOR F -0.13%
GIII C -0.13%
UCTT F -0.13%
CTS D -0.13%
PRDO D -0.13%
KN D -0.13%
HTH C -0.13%
PLAB F -0.13%
HOPE B -0.13%
NWN B -0.13%
JBGS B -0.13%
NTCT D -0.13%
ANDE D -0.13%
SPNT C -0.12%
DNOW D -0.12%
VBTX B -0.12%
MODG F -0.12%
MGPI C -0.12%
USPH D -0.12%
ARI F -0.12%
VSAT F -0.12%
OXM D -0.12%
WABC D -0.12%
CSGS C -0.12%
HMN C -0.12%
LPG F -0.12%
SONO F -0.12%
CUBI F -0.12%
VRTS D -0.12%
HLX D -0.12%
SBH B -0.12%
XHR C -0.12%
XNCR C -0.12%
AMWD C -0.12%
CHEF C -0.12%
DVAX D -0.12%
PMT B -0.11%
EIG B -0.11%
HRMY B -0.11%
SAFT C -0.11%
COLL B -0.11%
RC D -0.11%
DEA B -0.11%
NAVI C -0.11%
DAN F -0.11%
LNN C -0.11%
CAL F -0.11%
KLG C -0.11%
UVV D -0.11%
CERT F -0.11%
BKE B -0.11%
AAT B -0.11%
AVNS B -0.1%
WWW B -0.1%
CXM F -0.1%
PARR F -0.1%
ARLO F -0.1%
CSR B -0.1%
XRX F -0.1%
COHU F -0.1%
TILE B -0.1%
BHLB C -0.1%
KALU F -0.1%
OMI D -0.1%
NVEE F -0.1%
SCSC D -0.1%
NX D -0.09%
MRTN D -0.09%
ATEN C -0.09%
FDP B -0.09%
UTL B -0.09%
PFBC C -0.09%
DGII D -0.09%
FIZZ D -0.09%
NXRT B -0.09%
QNST B -0.09%
PLAY F -0.09%
WS C -0.09%
CARS D -0.09%
MXL F -0.09%
EYE F -0.08%
JBSS D -0.08%
VTOL D -0.08%
XPEL D -0.08%
RCUS D -0.08%
BDN B -0.08%
BRKL C -0.08%
CRK D -0.08%
MD C -0.08%
SGH F -0.08%
AMSF C -0.08%
WNC F -0.08%
MMI C -0.08%
EXPI C -0.08%
ODP F -0.08%
SBSI B -0.08%
RWT B -0.08%
MATV B -0.08%
MATW F -0.07%
PRLB D -0.07%
RGR F -0.07%
HAIN D -0.07%
UNFI C -0.07%
AOSL D -0.07%
AHCO B -0.07%
HAYN D -0.07%
SAH D -0.07%
HFWA C -0.07%
CLB D -0.07%
SVC F -0.07%
CENX D -0.07%
NABL D -0.07%
HCSG C -0.07%
KOP F -0.07%
FWRD C -0.07%
VICR F -0.07%
AHH B -0.07%
SSTK F -0.07%
BLFS D -0.07%
SHEN F -0.07%
ICHR F -0.07%
CNXN B -0.07%
ANIP D -0.07%
CBRL D -0.07%
NVRI D -0.07%
GPRE F -0.07%
DLX D -0.07%
DCOM B -0.07%
PRAA D -0.07%
SCHL D -0.07%
HPP D -0.06%
SMP C -0.06%
TRST C -0.06%
PUMP F -0.06%
IIIN D -0.06%
CHUY B -0.06%
PCRX F -0.06%
NBR F -0.06%
CVI F -0.06%
HCI C -0.06%
DXPE C -0.06%
HSTM C -0.06%
AMBC F -0.06%
EGBN C -0.06%
BJRI D -0.06%
VVI C -0.06%
BGS D -0.06%
AXL F -0.06%
KELYA D -0.06%
GDEN D -0.06%
ETH D -0.06%
CFFN C -0.06%
REX D -0.06%
MNRO D -0.06%
INN C -0.06%
ASIX C -0.06%
ASTE F -0.06%
CPF B -0.06%
SXC F -0.06%
PRA C -0.06%
KREF B -0.06%
TMP C -0.06%
SCVL B -0.06%
SPTN C -0.06%
HSII C -0.06%
MYE D -0.05%
BFS C -0.05%
RES D -0.05%
SLP F -0.05%
CVGW C -0.05%
HZO C -0.05%
HTLD D -0.05%
GES F -0.05%
CEVA C -0.05%
UHT B -0.05%
MCW F -0.05%
HAFC C -0.05%
RGNX D -0.05%
THRY D -0.05%
EZPW D -0.05%
TR C -0.05%
ALGT F -0.05%
WSR D -0.05%
MLAB C -0.05%
MTUS F -0.05%
ZEUS F -0.04%
PAHC B -0.04%
USNA F -0.04%
SNCY D -0.04%
UFCS D -0.04%
TWI D -0.04%
FLGT D -0.04%
VREX F -0.04%
CCRN F -0.04%
CLW F -0.04%
GDOT C -0.04%
LQDT B -0.04%
MERC F -0.03%
DBI F -0.03%
MOV F -0.03%
HVT D -0.03%
WRLD D -0.03%
NUS F -0.03%
CHCT F -0.03%
NPK C -0.03%
CRSR F -0.02%
AMCX F -0.02%
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