HSMV vs. WBIY ETF Comparison

Comparison of First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) to WBI Power Factor High Dividend ETF (WBIY)

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

WBIY

WBI Power Factor High Dividend ETF

WBIY Description

The investment seeks long term-capital appreciation while also seeking to protect principal during unfavorable market conditions. The fund will seek to achieve its investment objective by using a broad and flexible investment strategy and may invest directly in different types of instruments, such as: stocks and bonds issued by public and private companies and bonds issued by governments and governmental agencies ("Direct Investments"); and shares of funds that invest directly in such instruments. It is non-diversified.

Grade (RS Rating)

Last Trade

$31.79

Average Daily Volume

5,947

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HSMV	WBIY
30 Days	3.72%	2.50%
60 Days	5.02%	3.62%
90 Days	5.82%	5.12%
12 Months	26.13%	25.72%

3 Overlapping Holdings

Symbol	Grade	Weight in HSMV	Weight in WBIY	Overlap
BKH	A	0.87%	0.8%	0.8%
CRI	F	0.21%	1.91%	0.21%
MAN	F	0.32%	0.93%	0.32%

HSMV Overweight 144 Positions Relative to WBIY

Symbol	Grade	Weight
ATR	B	2.16%
DTM	A	1.97%
SEIC	B	1.86%
INGR	C	1.74%
ORI	A	1.69%
CACI	D	1.62%
IDA	A	1.59%
OGE	A	1.57%
CTRE	C	1.53%
POST	C	1.53%
MSGS	A	1.41%
RLI	A	1.38%
DCI	B	1.34%
ADC	A	1.29%
FHI	B	1.23%
AMH	C	1.21%
AM	A	1.19%
NJR	A	1.19%
CHE	D	1.15%
NFG	A	1.14%
FLO	D	1.12%
OHI	C	1.11%
NWE	B	1.09%
AFG	A	1.08%
POR	C	1.06%
GGG	B	1.02%
MMS	F	1.01%
NNN	C	0.99%
GNTX	C	0.98%
NYT	D	0.97%
GLPI	C	0.96%
EHC	B	0.92%
KBR	F	0.91%
DLB	B	0.88%
FCPT	C	0.82%
ELS	C	0.81%
MSA	F	0.81%
CBSH	B	0.81%
EPR	C	0.79%
LSTR	D	0.78%
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%
SF	B	0.73%
AWR	B	0.72%
CW	C	0.72%
AVA	A	0.72%
OGS	A	0.69%
CDP	C	0.67%
RNR	C	0.66%
ESNT	F	0.66%
SLGN	A	0.66%
RPM	A	0.66%
RGA	A	0.65%
JHG	B	0.65%
CPK	A	0.64%
AGO	B	0.64%
EGP	D	0.63%
EPRT	B	0.63%
AMG	B	0.62%
SCI	B	0.61%
MDU	D	0.61%
PRGS	A	0.59%
SBRA	C	0.58%
FELE	B	0.57%
ACM	B	0.57%
GATX	A	0.56%
COLM	C	0.55%
RS	B	0.55%
CHH	A	0.55%
MTG	C	0.54%
NMIH	C	0.54%
BCPC	B	0.53%
FLS	B	0.52%
CWT	C	0.51%
FCN	F	0.5%
AVT	C	0.5%
LANC	C	0.49%
FNF	B	0.49%
EPC	F	0.49%
BRX	A	0.47%
MSM	C	0.47%
BWXT	B	0.47%
MUSA	B	0.46%
ARW	D	0.46%
CHDN	B	0.45%
JEF	A	0.45%
PFGC	B	0.45%
CNO	B	0.44%
SAIC	F	0.44%
PB	B	0.44%
FR	D	0.44%
LAMR	C	0.43%
BLKB	B	0.42%
ENR	B	0.42%
RYN	D	0.41%
CLH	C	0.4%
RDN	D	0.39%
EXEL	B	0.39%
ITT	A	0.38%
FNB	A	0.38%
FAF	A	0.38%
BJ	A	0.37%
ABM	B	0.37%
EVR	B	0.36%
G	B	0.36%
ASH	F	0.36%
GPK	C	0.36%
IOSP	C	0.36%
JAZZ	B	0.35%
LXP	D	0.35%
COOP	B	0.35%
LECO	C	0.35%
JJSF	C	0.33%
RGLD	C	0.33%
CSL	C	0.33%
ONB	C	0.32%
KEX	B	0.31%
R	B	0.3%
OSK	C	0.29%
MTN	C	0.29%
ALV	C	0.29%
KFY	B	0.29%
AGCO	D	0.29%
MIDD	C	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%
PCH	F	0.19%
REXR	F	0.19%
NSA	C	0.13%

HSMV Underweight 46 Positions Relative to WBIY

Symbol	Grade	Weight
MO	A	-5.35%
KMI	A	-5.31%
F	C	-5.01%
D	C	-4.71%
UPS	C	-4.7%
T	A	-4.7%
LYB	F	-4.58%
VZ	C	-4.56%
CAG	F	-4.43%
KSS	F	-4.13%
BEN	C	-3.42%
DINO	D	-3.16%
M	F	-3.01%
WHR	B	-2.98%
CVX	A	-2.36%
OMF	A	-1.9%
VLY	B	-1.86%
COLB	B	-1.81%
HBAN	A	-1.72%
RF	A	-1.71%
CFG	B	-1.62%
PRU	A	-1.52%
CNH	C	-1.49%
IPG	D	-1.44%
UGI	C	-1.4%
WU	F	-1.4%
CVS	D	-1.29%
FULT	A	-1.11%
TNL	A	-1.1%
HESM	B	-0.99%
KNTK	A	-0.78%
PINC	B	-0.76%
CWEN	C	-0.72%
DIN	C	-0.68%
APAM	B	-0.65%
FIBK	B	-0.61%
GES	F	-0.54%
WSBC	B	-0.36%
HOPE	C	-0.34%
GSL	F	-0.32%
EMBC	C	-0.29%
METC	C	-0.29%
BRKL	B	-0.29%
VRTS	B	-0.28%
OCFC	B	-0.27%
ASC	F	-0.24%