HUSV vs. SDP ETF Comparison

Comparison of First Trust Horizon Managed Volatility Domestic ETF (HUSV) to ProShares UltraShort Utilities (SDP)

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

$38.00

Average Daily Volume

7,985

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SDP

ProShares UltraShort Utilities

SDP Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. UtilitiesSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index measures the performance of the utilities sector of the U.S. equity market. Component companies include, among others, electric utilities, gas utilities, multi-utilities and water utilities. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$7.49

Average Daily Volume

43,540

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HUSV	SDP
30 Days	0.02%	-10.96%
60 Days	6.64%	-19.97%
90 Days	7.43%	-27.89%
12 Months	24.73%	-51.75%

4 Overlapping Holdings

Symbol	Grade	Weight in HUSV	Weight in SDP	Overlap
ATO	A	1.22%	1.34%	1.22%
DUK	C	1.38%	6.69%	1.38%
ED	C	0.95%	2.94%	0.95%
PPL	C	0.86%	2.56%	0.86%

HUSV Overweight 70 Positions Relative to SDP

Symbol	Grade	Weight
CSCO	A	2.68%
CTSH	B	2.62%
KO	C	2.6%
BRK.A	B	2.6%
CL	D	2.49%
RSG	D	2.41%
PTC	B	2.34%
MSI	A	2.28%
TEL	D	2.27%
TMUS	A	2.26%
ROP	D	2.2%
MSFT	D	2.12%
APH	D	2.1%
LMT	A	2.0%
MMC	D	1.98%
V	B	1.98%
VRSN	C	1.97%
WM	B	1.93%
PG	D	1.9%
MA	A	1.87%
ITW	C	1.81%
L	C	1.78%
WMT	A	1.76%
JNJ	D	1.46%
MCD	A	1.39%
PM	D	1.36%
KMB	D	1.32%
PEP	F	1.31%
HON	C	1.26%
KMI	A	1.25%
ADP	A	1.22%
AVY	D	1.21%
YUM	C	1.21%
CHD	D	1.18%
FI	A	1.17%
OTIS	A	1.17%
MO	D	1.12%
CSX	D	1.12%
AME	C	1.05%
TJX	D	1.04%
AMP	A	1.03%
AJG	C	0.99%
HIG	A	0.97%
GD	C	0.97%
LIN	C	0.95%
MRK	F	0.94%
SPGI	C	0.94%
DRI	C	0.94%
ICE	A	0.92%
MDLZ	D	0.88%
LDOS	A	0.88%
ABT	C	0.88%
EA	D	0.87%
WMB	A	0.81%
HOLX	D	0.8%
ORLY	A	0.79%
BSX	A	0.77%
OKE	A	0.72%
O	C	0.7%
MDT	C	0.69%
ROST	D	0.68%
WELL	C	0.68%
REGN	D	0.64%
ECL	C	0.64%
HLT	A	0.63%
MCK	F	0.58%
LYB	B	0.58%
REG	C	0.57%
SYY	D	0.51%
INVH	D	0.51%

HUSV Underweight 42 Positions Relative to SDP

Symbol	Grade	Weight
NEE	C	-12.13%
SO	A	-6.91%
D	A	-6.77%
AEP	C	-4.77%
EXC	C	-4.51%
SRE	C	-4.34%
XEL	C	-3.36%
WEC	B	-2.98%
PEG	A	-2.93%
ES	D	-2.81%
EIX	C	-2.7%
FE	C	-2.6%
DTE	B	-2.52%
ETR	A	-2.46%
AWK	D	-2.31%
AEE	A	-1.92%
CMS	A	-1.82%
EVRG	C	-1.5%
LNT	B	-1.35%
AES	C	-1.33%
CNP	B	-1.33%
WTRG	D	-1.07%
NI	A	-1.06%
PNW	C	-1.03%
VST	A	-1.01%
NRG	A	-0.95%
UGI	C	-0.91%
MDU	C	-0.58%
IDA	D	-0.54%
HE	F	-0.51%
POR	D	-0.51%
OGS	C	-0.49%
BKH	C	-0.49%
SR	D	-0.42%
ALE	A	-0.42%
SWX	C	-0.41%
NJR	C	-0.41%
PNM	B	-0.4%
NFG	A	-0.38%
NWE	C	-0.37%
AVA	D	-0.32%
AGR	C	-0.28%