HUSV vs. ICAP ETF Comparison

Comparison of First Trust Horizon Managed Volatility Domestic ETF (HUSV) to InfraCap Equity Income Fund ETF (ICAP)

HUSV

First Trust Horizon Managed Volatility Domestic ETF

HUSV Description

The First Trust Horizon Managed Volatility Domestic ETF is an actively managed exchange-traded fund. The Fund's investment objective is to provide capital appreciation. Under normal market conditions, the Fund will seek to achieve its investment objective by investing at least 80% of its net assets (including investment borrowings) in common stocks of domestic companies listed and traded on U.S. national securities exchanges that Horizon Investments, LLC believes exhibit low future expected volatility.

Grade (RS Rating)

Last Trade

$37.98

Average Daily Volume

9,068

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ICAP

InfraCap Equity Income Fund ETF

ICAP Description

The investment seeks to maximize income and pursue total return opportunities. The fund, under normal conditions, will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of companies that pay dividends during normal market conditions. The fund will invest primarily in securities of U.S. companies, but may invest in foreign securities, including securities of companies located in emerging markets. To obtain high yield and total return, the adviser will favor sectors and industries that it currently views are undervalued on a relative basis.

Grade (RS Rating)

Last Trade

$27.20

Average Daily Volume

8,851

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HUSV	ICAP
30 Days	1.97%	5.15%
60 Days	5.06%	4.34%
90 Days	6.33%	11.48%
12 Months	19.01%	22.52%

16 Overlapping Holdings

Symbol	Grade	Weight in HUSV	Weight in ICAP	Overlap
DUK	C	1.39%	1.99%	1.39%
GD	B	0.98%	0.16%	0.16%
HON	D	1.25%	0.18%	0.18%
JNJ	C	1.5%	0.1%	0.1%
KMI	B	1.22%	1.15%	1.15%
KO	C	2.6%	0.08%	0.08%
MCD	B	1.35%	1.95%	1.35%
MO	C	1.16%	0.18%	0.18%
MRK	D	0.96%	1.04%	0.96%
MSFT	C	2.13%	0.92%	0.92%
O	C	0.7%	1.48%	0.7%
OKE	B	0.73%	0.16%	0.16%
PEP	C	1.38%	0.03%	0.03%
PG	C	1.91%	0.08%	0.08%
PM	C	1.42%	0.09%	0.09%
WMB	B	0.82%	0.17%	0.17%

HUSV Overweight 57 Positions Relative to ICAP

Symbol	Grade	Weight
CTSH	C	2.63%
BRK.A	C	2.59%
CL	D	2.58%
CSCO	C	2.54%
RSG	D	2.51%
MSI	B	2.26%
TMUS	C	2.25%
PTC	D	2.22%
ROP	C	2.21%
TEL	D	2.18%
APH	D	2.07%
V	C	2.07%
MMC	C	2.05%
LMT	C	1.97%
WM	D	1.97%
VRSN	D	1.88%
MA	B	1.88%
L	C	1.78%
WMT	C	1.77%
ITW	C	1.72%
KMB	D	1.33%
ADP	B	1.26%
ATO	B	1.2%
AVY	C	1.2%
CHD	D	1.19%
YUM	D	1.17%
CSX	D	1.09%
AJG	D	1.06%
OTIS	C	1.05%
TJX	B	1.05%
AME	C	1.03%
HIG	B	0.96%
AMP	A	0.96%
SPGI	B	0.96%
ED	C	0.95%
ICE	C	0.94%
ABT	C	0.93%
LIN	B	0.93%
DRI	B	0.9%
MDLZ	B	0.89%
EA	D	0.88%
LDOS	B	0.86%
PPL	C	0.84%
HOLX	B	0.8%
ORLY	C	0.78%
BSX	B	0.78%
REGN	C	0.72%
WELL	C	0.7%
MDT	C	0.7%
ROST	C	0.69%
ECL	B	0.64%
MCK	F	0.61%
REG	C	0.6%
HLT	B	0.58%
LYB	D	0.57%
INVH	C	0.54%
SYY	D	0.51%

HUSV Underweight 50 Positions Relative to ICAP

Symbol	Grade	Weight
GS	C	-7.49%
C	C	-4.86%
EQIX	C	-4.29%
AES	C	-4.15%
KRC	B	-3.64%
AVGO	C	-3.41%
MTB	B	-3.2%
MPLX	B	-3.18%
FRT	C	-3.11%
BXP	B	-3.09%
SLMBP	B	-2.95%
BAC	D	-2.95%
CFG	C	-2.88%
CVX	D	-2.69%
DOW	D	-2.67%
ORCL	C	-2.33%
AB	B	-2.28%
ARE	C	-2.19%
JPM	D	-2.11%
REXR	C	-2.11%
KHC	C	-2.1%
NYMTN	A	-2.02%
DLR	B	-2.01%
AMZN	C	-1.95%
UGI	C	-1.93%
TFC	C	-1.92%
EIX	C	-1.79%
VOD	C	-1.72%
SPG	B	-1.61%
ARES	B	-1.3%
CCI	C	-1.29%
BLMN	F	-1.21%
D	C	-0.99%
T	C	-0.77%
NWN	C	-0.75%
AMT	C	-0.69%
IRM	C	-0.68%
EMR	D	-0.55%
IBM	B	-0.45%
UNH	C	-0.44%
RTX	C	-0.43%
VZ	B	-0.41%
UZE	C	-0.41%
HPE	D	-0.4%
MMM	B	-0.36%
EPR	B	-0.34%
NEE	C	-0.23%
CAT	B	-0.18%
SO	B	-0.05%
ET	B	-0.03%