HSMV vs. VFMV ETF Comparison

Comparison of First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) to Vanguard U.S. Minimum Volatility ETF (VFMV)

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

$37.51

Average Daily Volume

1,308

Number of Holdings ^*

147

* may have additional holdings in another (foreign) market

VFMV

Vanguard U.S. Minimum Volatility ETF

VFMV Description

The investment seeks to provide long-term capital appreciation with lower volatility relative to the broad U.S. equity market. The fund invests primarily in a group of U.S. common stocks that together are deemed by the advisor to have the potential to generate lower volatility relative to the broad U.S. equity market. The portfolio will include a diverse mix of companies representing many different market sectors and industry groups. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$123.89

Average Daily Volume

6,823

Number of Holdings ^*

165

* may have additional holdings in another (foreign) market

Performance

Period	HSMV	VFMV
30 Days	0.55%	0.60%
60 Days	3.41%	2.41%
90 Days	5.39%	3.66%
12 Months	24.54%	25.48%

17 Overlapping Holdings

Symbol	Grade	Weight in HSMV	Weight in VFMV	Overlap
ATR	B	2.16%	0.25%	0.25%
BLKB	B	0.42%	0.66%	0.42%
CHE	F	1.15%	0.69%	0.69%
CTRE	C	1.53%	0.65%	0.65%
DLB	F	0.88%	0.78%	0.78%
DTM	A	1.97%	0.35%	0.35%
EXEL	B	0.39%	0.21%	0.21%
FCN	F	0.5%	0.98%	0.5%
FLO	D	1.12%	0.38%	0.38%
IDCC	B	0.77%	1.06%	0.77%
JJSF	C	0.33%	0.19%	0.19%
KEX	B	0.31%	1.05%	0.31%
LANC	D	0.49%	0.04%	0.04%
LOPE	B	0.76%	0.2%	0.2%
MUSA	B	0.46%	1.13%	0.46%
PBH	A	0.74%	0.42%	0.42%
RLI	A	1.38%	0.3%	0.3%

HSMV Overweight 130 Positions Relative to VFMV

Symbol	Grade	Weight
SEIC	B	1.86%
INGR	B	1.74%
ORI	A	1.69%
CACI	C	1.62%
IDA	A	1.59%
OGE	A	1.57%
POST	C	1.53%
MSGS	B	1.41%
DCI	B	1.34%
ADC	A	1.29%
FHI	B	1.23%
AMH	C	1.21%
AM	A	1.19%
NJR	A	1.19%
NFG	A	1.14%
OHI	B	1.11%
NWE	C	1.09%
AFG	A	1.08%
POR	C	1.06%
GGG	B	1.02%
MMS	D	1.01%
NNN	C	0.99%
GNTX	F	0.98%
NYT	D	0.97%
GLPI	C	0.96%
EHC	B	0.92%
KBR	F	0.91%
BKH	A	0.87%
FCPT	C	0.82%
ELS	B	0.81%
MSA	D	0.81%
CBSH	A	0.81%
EPR	D	0.79%
LSTR	D	0.78%
PRI	A	0.76%
ENSG	D	0.75%
EFC	C	0.75%
PECO	A	0.73%
SF	B	0.73%
AWR	A	0.72%
CW	B	0.72%
AVA	C	0.72%
OGS	A	0.69%
CDP	C	0.67%
RNR	C	0.66%
ESNT	D	0.66%
SLGN	A	0.66%
RPM	B	0.66%
RGA	B	0.65%
JHG	B	0.65%
CPK	A	0.64%
AGO	A	0.64%
EGP	D	0.63%
EPRT	A	0.63%
AMG	C	0.62%
SCI	A	0.61%
MDU	D	0.61%
PRGS	B	0.59%
SBRA	B	0.58%
FELE	B	0.57%
ACM	B	0.57%
GATX	B	0.56%
COLM	B	0.55%
RS	B	0.55%
CHH	A	0.55%
MTG	D	0.54%
NMIH	D	0.54%
BCPC	B	0.53%
FLS	A	0.52%
CWT	C	0.51%
AVT	C	0.5%
FNF	A	0.49%
EPC	F	0.49%
BRX	A	0.47%
MSM	D	0.47%
BWXT	A	0.47%
ARW	F	0.46%
CHDN	C	0.45%
JEF	A	0.45%
PFGC	B	0.45%
CNO	B	0.44%
SAIC	F	0.44%
PB	A	0.44%
FR	C	0.44%
LAMR	D	0.43%
ENR	B	0.42%
RYN	D	0.41%
CLH	C	0.4%
RDN	D	0.39%
ITT	A	0.38%
FNB	B	0.38%
FAF	C	0.38%
BJ	B	0.37%
ABM	B	0.37%
EVR	B	0.36%
G	B	0.36%
ASH	F	0.36%
GPK	D	0.36%
IOSP	C	0.36%
JAZZ	C	0.35%
LXP	D	0.35%
COOP	B	0.35%
LECO	C	0.35%
RGLD	C	0.33%
CSL	C	0.33%
MAN	F	0.32%
ONB	B	0.32%
R	B	0.3%
OSK	C	0.29%
MTN	C	0.29%
ALV	C	0.29%
KFY	B	0.29%
AGCO	F	0.29%
MIDD	D	0.28%
EVTC	B	0.28%
PLXS	B	0.27%
ORA	B	0.27%
HRB	D	0.26%
LFUS	D	0.25%
CASY	A	0.25%
LII	A	0.25%
CUBE	C	0.24%
AIN	C	0.24%
HXL	F	0.23%
FSS	B	0.23%
IRT	A	0.22%
CRI	F	0.21%
PCH	D	0.19%
REXR	F	0.19%
NSA	C	0.13%

HSMV Underweight 148 Positions Relative to VFMV

Symbol	Grade	Weight
IBM	C	-1.52%
MCK	A	-1.52%
ADI	D	-1.5%
DOX	D	-1.5%
EQC	A	-1.49%
JNJ	D	-1.49%
ABT	A	-1.49%
PGR	B	-1.48%
PG	C	-1.48%
TXN	C	-1.48%
COR	B	-1.48%
LMT	D	-1.47%
MRK	F	-1.46%
ED	C	-1.44%
CHD	A	-1.44%
TMUS	B	-1.43%
DUK	C	-1.42%
T	A	-1.41%
KO	D	-1.4%
SO	C	-1.38%
CVLT	B	-1.38%
NTAP	C	-1.37%
ROP	C	-1.33%
MSFT	D	-1.3%
TJX	A	-1.27%
CSCO	B	-1.25%
XOM	B	-1.23%
RSG	A	-1.2%
NOC	D	-1.17%
EA	A	-1.16%
GD	D	-1.14%
CME	A	-1.14%
REGN	F	-1.12%
ORLY	B	-1.11%
IDT	B	-1.1%
WMT	A	-1.08%
RTX	D	-1.06%
WM	B	-1.06%
CL	D	-1.05%
CBOE	C	-1.04%
GIS	F	-1.0%
VZ	C	-1.0%
LRN	A	-0.97%
HPQ	B	-0.96%
WTW	B	-0.93%
CVX	A	-0.9%
MGEE	A	-0.89%
HSTM	A	-0.84%
GILD	C	-0.83%
MCD	D	-0.79%
VECO	F	-0.78%
FE	C	-0.77%
BSX	A	-0.75%
UNH	C	-0.75%
TYL	B	-0.74%
ABBV	F	-0.74%
TKO	A	-0.73%
SPOT	B	-0.68%
SAFT	B	-0.67%
CRUS	F	-0.64%
AVGO	C	-0.64%
GOOGL	B	-0.64%
CAH	B	-0.64%
NSIT	F	-0.56%
WTM	A	-0.54%
AAPL	C	-0.54%
YELP	C	-0.52%
NABL	F	-0.51%
GOOG	B	-0.48%
META	C	-0.47%
GDDY	A	-0.46%
WEC	A	-0.45%
MATX	B	-0.45%
NEU	D	-0.4%
TRV	A	-0.38%
INSW	F	-0.37%
WMB	A	-0.37%
HOLX	D	-0.36%
HSY	F	-0.36%
V	A	-0.35%
AJG	B	-0.35%
PPC	B	-0.34%
AZO	C	-0.34%
LAUR	A	-0.34%
NVEC	D	-0.33%
THFF	B	-0.33%
PFE	F	-0.32%
LLY	F	-0.32%
BRK.A	B	-0.31%
VERX	A	-0.3%
FANG	D	-0.3%
MDLZ	F	-0.28%
QRVO	F	-0.28%
OLLI	D	-0.26%
QCOM	F	-0.25%
LIN	D	-0.24%
JBSS	F	-0.24%
MO	A	-0.24%
ROL	B	-0.23%
MCS	B	-0.22%
AMSF	B	-0.21%
MTSI	B	-0.2%
DECK	A	-0.2%
IMMR	F	-0.2%
KMI	A	-0.2%
ACN	C	-0.2%
EBF	D	-0.2%
CASS	B	-0.19%
AEE	A	-0.19%
QNST	C	-0.18%
HQY	A	-0.18%
SPOK	B	-0.15%
FDP	B	-0.15%
AMGN	D	-0.14%
OLED	F	-0.14%
HCKT	B	-0.14%
SPNS	F	-0.14%
TW	A	-0.13%
PI	D	-0.12%
CI	D	-0.11%
PSX	C	-0.1%
DGICA	A	-0.1%
TNK	F	-0.09%
DJCO	B	-0.09%
AMAT	F	-0.08%
KLAC	F	-0.07%
CNXN	D	-0.07%
CB	C	-0.07%
UNM	A	-0.06%
CTSH	C	-0.06%
OSIS	A	-0.06%
JPM	A	-0.05%
AKAM	F	-0.04%
CNA	C	-0.04%
PEBK	B	-0.04%
CLBK	C	-0.04%
GLRE	B	-0.04%
PEP	F	-0.04%
CMS	C	-0.03%
NBIX	C	-0.03%
MSI	B	-0.03%
BCAL	A	-0.03%
EIG	B	-0.03%
VRTX	D	-0.03%
DTE	C	-0.03%
MRAM	D	-0.02%
FFNW	D	-0.02%
MU	D	-0.02%

VFMV: Top Represented Industries & Keywords

Industries: Insurance - Property & Casualty Semiconductors Drug Manufacturers - Major Internet Content & Information Utilities - Regulated Electric Packaged Foods Software - Application Telecom Services Information Technology Services Aerospace & Defense Banks - Regional - US Biotechnology Business Services Medical Distribution Semiconductor Equipment & Materials Shipping & Ports Education & Training Services Household & Personal Products Media - Diversified Oil & Gas Midstream