HSMV vs. XSVM ETF Comparison

Comparison of First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) to Invesco S&P SmallCap Value with Momentum ETF (XSVM)

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

$36.41

Average Daily Volume

1,137

Number of Holdings ^*

146

* may have additional holdings in another (foreign) market

XSVM

Invesco S&P SmallCap Value with Momentum ETF

XSVM Description

The investment seeks to track the investment results (before fees and expenses) of the S&P SmallCap 600 High Momentum Value 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 compiles, maintains and calculates the underlying index, which is designed to track the performance of approximately 120 stocks in the S&P SmallCap 600® that have the highest “value” and “momentum” scores.

Grade (RS Rating)

Last Trade

$53.82

Average Daily Volume

71,681

Number of Holdings ^*

112

* may have additional holdings in another (foreign) market

Performance

Period	HSMV	XSVM
30 Days	0.35%	-4.13%
60 Days	4.14%	-1.35%
90 Days	9.74%	3.27%
12 Months	27.25%	16.80%

6 Overlapping Holdings

Symbol	Grade	Weight in HSMV	Weight in XSVM	Overlap
ABM	D	0.35%	0.95%	0.35%
AGO	B	0.6%	1.05%	0.6%
COOP	B	0.33%	0.76%	0.33%
EFC	D	0.83%	0.77%	0.77%
NMIH	C	0.61%	0.83%	0.61%
RDN	D	0.41%	0.85%	0.41%

HSMV Overweight 140 Positions Relative to XSVM

Symbol	Grade	Weight
ATR	A	2.04%
ORI	B	1.7%
POST	C	1.7%
INGR	A	1.67%
SEIC	B	1.65%
DTM	A	1.62%
CTRE	B	1.6%
OGE	A	1.53%
CACI	A	1.48%
IDA	C	1.46%
MSGS	A	1.37%
ADC	B	1.33%
DCI	B	1.33%
AMH	D	1.31%
CHE	C	1.29%
RLI	A	1.28%
FLO	D	1.26%
NJR	C	1.22%
AM	A	1.2%
NWE	B	1.18%
NNN	A	1.16%
NFG	A	1.15%
FHI	C	1.14%
OHI	C	1.13%
POR	C	1.11%
AFG	C	1.08%
GNTX	D	1.06%
MMS	B	1.06%
GGG	B	1.04%
GLPI	A	1.04%
NYT	A	1.02%
MDU	C	0.97%
DLB	D	0.93%
EHC	B	0.91%
FCPT	C	0.9%
EPR	C	0.89%
BKH	C	0.89%
MSA	F	0.87%
KBR	C	0.85%
ELS	D	0.83%
LSTR	D	0.78%
ESNT	C	0.78%
AVA	D	0.77%
ENSG	D	0.77%
PECO	C	0.72%
PRI	A	0.71%
AWR	A	0.71%
CBSH	D	0.71%
OGS	C	0.71%
RNR	A	0.7%
EGP	D	0.7%
EPRT	C	0.68%
PBH	D	0.68%
LOPE	D	0.67%
SLGN	C	0.66%
CPK	C	0.65%
RGA	C	0.65%
RPM	A	0.63%
CW	A	0.63%
AMG	B	0.61%
SF	A	0.6%
FCN	C	0.59%
IDCC	A	0.59%
PRGS	B	0.59%
SCI	C	0.58%
JHG	C	0.58%
FELE	C	0.57%
SBRA	C	0.57%
MTG	B	0.57%
ACM	C	0.56%
COLM	B	0.56%
BCPC	C	0.54%
CWT	D	0.54%
ARW	C	0.54%
RS	D	0.52%
AVT	C	0.52%
FNF	A	0.52%
EPC	F	0.52%
CHH	B	0.52%
GATX	F	0.51%
FR	C	0.48%
FLS	A	0.47%
LANC	F	0.47%
MSM	D	0.47%
LAMR	C	0.46%
MUSA	D	0.46%
BRX	C	0.46%
RYN	C	0.45%
CHDN	D	0.44%
PFGC	A	0.43%
ASH	F	0.42%
BWXT	A	0.42%
BLKB	C	0.42%
FAF	B	0.41%
SAIC	A	0.41%
PB	D	0.4%
JEF	A	0.39%
CLH	C	0.39%
ENR	B	0.39%
CNO	C	0.39%
MAN	D	0.38%
ITT	B	0.38%
LXP	D	0.38%
GPK	C	0.38%
RGLD	C	0.35%
IOSP	F	0.35%
BJ	D	0.35%
CSL	A	0.34%
AGCO	D	0.33%
FNB	D	0.33%
JJSF	B	0.33%
LECO	D	0.33%
MTN	D	0.31%
G	A	0.31%
JAZZ	F	0.31%
EXEL	B	0.3%
KEX	C	0.3%
EVR	C	0.3%
MIDD	D	0.29%
CRI	D	0.28%
HRB	C	0.28%
ALV	F	0.28%
ONB	D	0.28%
KFY	C	0.28%
CUBE	C	0.27%
LFUS	C	0.27%
EVTC	D	0.27%
R	C	0.27%
LII	C	0.26%
ORA	C	0.26%
OSK	F	0.26%
AIN	F	0.26%
FSS	B	0.25%
HXL	F	0.24%
PLXS	B	0.24%
REXR	D	0.24%
CASY	D	0.24%
IRT	C	0.23%
PCH	C	0.21%
NSA	C	0.15%

HSMV Underweight 106 Positions Relative to XSVM

Symbol	Grade	Weight
KELYA	D	-1.75%
GPI	C	-1.68%
KSS	D	-1.68%
SNEX	C	-1.61%
JXN	A	-1.48%
TWI	F	-1.4%
ANDE	D	-1.39%
GIII	C	-1.37%
SAH	D	-1.3%
LNC	D	-1.25%
EZPW	D	-1.23%
ABG	D	-1.17%
SPNT	D	-1.14%
MHO	C	-1.14%
VBTX	C	-1.14%
PARR	F	-1.13%
SCSC	D	-1.11%
CCS	C	-1.11%
OMI	F	-1.08%
STBA	D	-1.06%
BKU	D	-1.04%
RUSHA	D	-1.03%
ODP	F	-1.02%
CPF	C	-1.01%
FCF	D	-0.97%
EIG	B	-0.96%
AL	D	-0.93%
MTH	C	-0.93%
PHIN	C	-0.93%
GRBK	C	-0.93%
CAL	F	-0.92%
CUBI	F	-0.92%
TPH	C	-0.91%
PMT	C	-0.91%
ABCB	C	-0.9%
CVI	F	-0.9%
GBX	C	-0.86%
ENVA	D	-0.86%
ABR	C	-0.85%
BHE	C	-0.84%
INVA	B	-0.84%
MCY	B	-0.84%
HSII	C	-0.84%
AMWD	B	-0.83%
LZB	C	-0.83%
GES	F	-0.83%
DNOW	F	-0.82%
WSFS	D	-0.82%
DXPE	C	-0.81%
TRMK	D	-0.8%
FULT	D	-0.8%
SANM	D	-0.8%
STC	C	-0.8%
FHB	D	-0.8%
AX	D	-0.8%
SXC	F	-0.79%
TDS	B	-0.79%
CALM	B	-0.78%
KOP	F	-0.77%
NVRI	D	-0.77%
WGO	D	-0.77%
ETD	C	-0.76%
TILE	C	-0.76%
OFG	D	-0.76%
SCVL	D	-0.75%
HMN	B	-0.75%
CEIX	B	-0.74%
CXW	F	-0.74%
CNXN	C	-0.74%
CASH	D	-0.74%
SHO	D	-0.73%
PFBC	D	-0.73%
MLKN	F	-0.72%
CENX	B	-0.72%
PSMT	B	-0.71%
PUMP	F	-0.71%
GEO	F	-0.7%
CENTA	F	-0.7%
HUBG	D	-0.7%
BCC	C	-0.68%
SIG	C	-0.67%
DLX	F	-0.66%
SKYW	B	-0.65%
VTOL	D	-0.65%
WABC	F	-0.63%
CRC	B	-0.62%
TTMI	D	-0.61%
HCC	B	-0.6%
MYE	F	-0.59%
NOG	F	-0.59%
MOV	F	-0.59%
GMS	C	-0.59%
URBN	F	-0.58%
HP	F	-0.58%
REX	D	-0.58%
NX	F	-0.57%
CLW	F	-0.56%
BLMN	F	-0.54%
LBRT	F	-0.54%
ARCH	D	-0.53%
WOR	F	-0.52%
SM	F	-0.51%
KALU	D	-0.51%
AMR	F	-0.5%
MTUS	F	-0.49%
LPG	F	-0.48%