HSMV vs. XMHQ ETF Comparison

Comparison of First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) to Invesco S&P MidCap Quality ETF (XMHQ)

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

XMHQ

Invesco S&P MidCap Quality ETF

XMHQ Description

The investment seeks to track the investment results (before fees and expenses) of the S&P MidCap 400Â® Quality Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, the index provider first calculates the quality score of each security in the S&P MidCap 400Â® Index.

Grade (RS Rating)

Last Trade

$106.90

Average Daily Volume

305,174

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HSMV	XMHQ
30 Days	4.88%	5.88%
60 Days	5.46%	4.14%
90 Days	6.96%	5.12%
12 Months	27.49%	30.03%

26 Overlapping Holdings

Symbol	Grade	Weight in HSMV	Weight in XMHQ	Overlap
AFG	A	1.08%	1.3%	1.08%
CHE	D	1.16%	1.3%	1.16%
CRI	D	0.21%	0.32%	0.21%
CSL	C	0.33%	3.86%	0.33%
CW	B	0.67%	1.83%	0.67%
DCI	B	1.33%	1.12%	1.12%
ESNT	D	0.67%	0.74%	0.67%
FHI	A	1.26%	0.51%	0.51%
G	B	0.35%	0.94%	0.35%
GGG	B	1.06%	2.05%	1.06%
INGR	B	1.65%	1.32%	1.32%
LANC	C	0.46%	0.52%	0.46%
LECO	B	0.34%	2.08%	0.34%
LOPE	B	0.74%	0.64%	0.64%
LSTR	D	0.76%	1.13%	0.76%
MSA	D	0.8%	0.84%	0.8%
MSM	C	0.44%	0.66%	0.44%
MTG	C	0.55%	0.81%	0.55%
MUSA	A	0.47%	1.43%	0.47%
PRI	A	0.78%	1.35%	0.78%
RGLD	C	0.34%	1.3%	0.34%
RLI	B	1.42%	1.1%	1.1%
RNR	C	0.67%	2.28%	0.67%
RS	B	0.54%	2.38%	0.54%
SAIC	F	0.35%	1.03%	0.35%
SEIC	B	1.89%	1.28%	1.28%

HSMV Overweight 121 Positions Relative to XMHQ

Symbol	Grade	Weight
ATR	B	2.09%
DTM	B	2.06%
ORI	A	1.76%
IDA	A	1.65%
OGE	B	1.59%
POST	C	1.56%
CTRE	D	1.54%
MSGS	A	1.4%
ADC	B	1.34%
CACI	D	1.29%
AMH	D	1.24%
NJR	A	1.24%
AM	A	1.21%
NFG	A	1.18%
FLO	D	1.17%
NWE	B	1.13%
OHI	C	1.08%
POR	C	1.07%
NNN	D	1.01%
GNTX	C	0.99%
GLPI	C	0.99%
NYT	C	0.95%
BKH	A	0.9%
EHC	B	0.9%
MMS	F	0.89%
FCPT	C	0.86%
DLB	B	0.85%
CBSH	A	0.83%
ELS	C	0.81%
EPR	D	0.79%
IDCC	A	0.77%
AVA	A	0.76%
PBH	A	0.76%
EFC	C	0.76%
KBR	F	0.75%
PECO	A	0.74%
ENSG	D	0.73%
AWR	B	0.72%
OGS	A	0.72%
SF	B	0.72%
RPM	A	0.68%
SLGN	A	0.68%
CPK	A	0.67%
RGA	A	0.67%
AGO	B	0.67%
JHG	A	0.66%
EPRT	B	0.65%
MDU	D	0.64%
AMG	B	0.63%
CDP	C	0.63%
EGP	F	0.63%
SCI	B	0.62%
PRGS	A	0.58%
ACM	A	0.57%
FELE	B	0.56%
GATX	A	0.56%
CHH	A	0.56%
SBRA	C	0.55%
COLM	B	0.55%
NMIH	D	0.55%
BCPC	B	0.53%
FLS	B	0.52%
CWT	D	0.51%
FNF	B	0.51%
EPC	D	0.49%
AVT	C	0.49%
FCN	D	0.49%
BRX	A	0.48%
BWXT	B	0.48%
JEF	A	0.46%
PFGC	B	0.45%
FR	C	0.45%
CHDN	B	0.45%
ARW	D	0.45%
PB	A	0.45%
CNO	A	0.44%
LAMR	D	0.43%
ENR	B	0.43%
RYN	D	0.42%
BLKB	B	0.41%
RDN	C	0.4%
FAF	A	0.4%
FNB	A	0.38%
ITT	A	0.38%
CLH	B	0.38%
EXEL	B	0.38%
ASH	D	0.36%
GPK	C	0.36%
ABM	B	0.36%
BJ	A	0.36%
COOP	B	0.35%
IOSP	B	0.35%
LXP	D	0.34%
EVR	B	0.34%
JAZZ	B	0.33%
MAN	D	0.32%
KEX	C	0.31%
AGCO	D	0.31%
JJSF	B	0.31%
ONB	B	0.31%
R	B	0.3%
KFY	B	0.29%
MTN	C	0.29%
ALV	C	0.29%
MIDD	C	0.28%
EVTC	B	0.28%
OSK	B	0.28%
ORA	B	0.27%
PLXS	B	0.27%
CASY	A	0.26%
LII	A	0.26%
HRB	D	0.26%
FSS	B	0.24%
LFUS	F	0.24%
CUBE	D	0.24%
AIN	C	0.24%
IRT	A	0.23%
HXL	D	0.22%
REXR	F	0.2%
PCH	D	0.19%
NSA	D	0.13%

HSMV Underweight 50 Positions Relative to XMHQ

Symbol	Grade	Weight
MANH	D	-4.08%
EME	C	-3.81%
WSM	B	-3.43%
FIX	A	-2.48%
THC	D	-2.39%
OC	A	-2.16%
TOL	B	-2.03%
PSTG	D	-1.86%
KNSL	B	-1.8%
DT	C	-1.66%
MEDP	D	-1.62%
BLD	D	-1.59%
DKS	C	-1.57%
EXP	A	-1.45%
CR	A	-1.44%
AYI	B	-1.43%
AIT	A	-1.4%
CVLT	B	-1.38%
WMS	D	-1.34%
TREX	C	-1.3%
PCTY	B	-1.22%
UFPI	B	-1.21%
CNM	D	-1.2%
CELH	F	-1.13%
LSCC	D	-1.09%
CROX	D	-1.02%
SSD	D	-1.01%
WFRD	D	-0.96%
QLYS	C	-0.94%
LNTH	D	-0.94%
ELF	C	-0.93%
VNT	B	-0.91%
COKE	C	-0.9%
ROIV	C	-0.9%
CHX	C	-0.88%
DINO	D	-0.87%
KBH	D	-0.85%
CBT	C	-0.82%
VVV	F	-0.8%
EXPO	D	-0.74%
CRUS	D	-0.66%
NEU	C	-0.6%
IBOC	A	-0.49%
ENS	D	-0.49%
TEX	D	-0.48%
SAM	C	-0.48%
YETI	C	-0.48%
NSP	D	-0.47%
VC	D	-0.39%
CXT	B	-0.35%