IQSM vs. HSMV ETF Comparison

Comparison of IQ Candriam ESG U.S. Mid Cap Equity ETF (IQSM) to First Trust Horizon Managed Volatility Small/Mid ETF (HSMV)

IQSM

IQ Candriam ESG U.S. Mid Cap Equity ETF

IQSM Description

IQ Candriam ESG U.S. Mid Cap Equity ETF is an exchange traded fund launched by New York Life Investment Management LLC. The fund is managed by IndexIQ Advisors LLC. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of mid-cap companies. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund seeks to track the performance of the IQ Candriam ESG U.S. Mid Cap Equity Index, by using full replication technique. IQ Candriam ESG U.S. Mid Cap Equity ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$34.29

Average Daily Volume

13,747

Number of Holdings ^*

214

* may have additional holdings in another (foreign) market

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

Performance

Period	IQSM	HSMV
30 Days	4.29%	4.88%
60 Days	5.32%	5.46%
90 Days	6.64%	6.96%
12 Months	27.71%	27.49%

44 Overlapping Holdings

Symbol	Grade	Weight in IQSM	Weight in HSMV	Overlap
ACM	A	0.7%	0.57%	0.57%
ADC	B	0.36%	1.34%	0.36%
AGCO	D	0.28%	0.31%	0.28%
ALV	C	0.34%	0.29%	0.29%
AM	A	0.24%	1.21%	0.24%
AMH	D	0.6%	1.24%	0.6%
ARW	D	0.3%	0.45%	0.3%
ATR	B	0.54%	2.09%	0.54%
BJ	A	0.55%	0.36%	0.36%
BRX	A	0.41%	0.48%	0.41%
CHE	D	0.4%	1.16%	0.4%
CUBE	D	0.51%	0.24%	0.24%
DCI	B	0.44%	1.33%	0.44%
DLB	B	0.21%	0.85%	0.21%
DTM	B	0.46%	2.06%	0.46%
EHC	B	0.48%	0.9%	0.48%
ELS	C	0.61%	0.81%	0.61%
EXEL	B	0.43%	0.38%	0.38%
FAF	A	0.31%	0.4%	0.31%
FCN	D	0.32%	0.49%	0.32%
FR	C	0.33%	0.45%	0.33%
G	B	0.35%	0.35%	0.35%
GGG	B	0.71%	1.06%	0.71%
GNTX	C	0.34%	0.99%	0.34%
GPK	C	0.41%	0.36%	0.36%
HRB	D	0.39%	0.26%	0.26%
INGR	B	0.47%	1.65%	0.47%
ITT	A	0.6%	0.38%	0.38%
JAZZ	B	0.36%	0.33%	0.33%
KEX	C	0.36%	0.31%	0.31%
LFUS	F	0.29%	0.24%	0.24%
LSTR	D	0.32%	0.76%	0.32%
MSA	D	0.3%	0.8%	0.3%
MTN	C	0.31%	0.29%	0.29%
NYT	C	0.39%	0.95%	0.39%
OHI	C	0.47%	1.08%	0.47%
ORI	A	0.45%	1.76%	0.45%
POST	C	0.25%	1.56%	0.25%
PRI	A	0.5%	0.78%	0.5%
REXR	F	0.43%	0.2%	0.2%
RGA	A	0.72%	0.67%	0.67%
RNR	C	0.64%	0.67%	0.64%
RPM	A	0.83%	0.68%	0.68%
SF	B	0.54%	0.72%	0.54%

IQSM Overweight 170 Positions Relative to HSMV

Symbol	Grade	Weight
EME	C	1.12%
PKG	A	1.0%
YUMC	C	0.86%
KEY	B	0.85%
PNR	A	0.84%
BURL	A	0.84%
NTNX	A	0.83%
MANH	D	0.82%
MAS	D	0.82%
OC	A	0.81%
XPO	B	0.81%
GEN	B	0.79%
KIM	A	0.78%
DOCU	A	0.77%
TOL	B	0.76%
TWLO	A	0.76%
EQH	B	0.75%
UTHR	C	0.75%
FIX	A	0.74%
FLEX	A	0.72%
USFD	A	0.72%
GWRE	A	0.72%
SAIA	B	0.69%
EWBC	A	0.69%
FFIV	B	0.68%
DT	C	0.68%
SFM	A	0.68%
POOL	C	0.66%
EPAM	C	0.66%
UDR	B	0.65%
UNM	A	0.65%
TPR	B	0.63%
CHRW	C	0.62%
CPT	B	0.61%
JLL	D	0.6%
JKHY	D	0.6%
REG	B	0.59%
NBIX	C	0.59%
HST	C	0.59%
KMX	B	0.59%
JNPR	F	0.58%
NVT	B	0.58%
FTI	A	0.58%
ALB	C	0.57%
WPC	D	0.57%
PAYC	B	0.56%
RRX	B	0.55%
SJM	D	0.55%
DAY	B	0.55%
BLD	D	0.55%
Z	A	0.55%
LW	C	0.55%
AIZ	A	0.54%
DKS	C	0.54%
CG	A	0.54%
NCLH	B	0.54%
TECH	D	0.54%
INSM	C	0.54%
NWSA	B	0.53%
IPG	D	0.53%
TTEK	F	0.52%
CTLT	B	0.51%
FND	C	0.51%
WTRG	B	0.5%
CRL	C	0.48%
LAD	A	0.48%
AYI	B	0.48%
GL	B	0.47%
ALLY	C	0.47%
LKQ	D	0.47%
MKTX	D	0.47%
WAL	B	0.47%
SRPT	D	0.46%
ARMK	B	0.46%
QGEN	D	0.46%
WCC	B	0.46%
PCVX	D	0.46%
GLOB	B	0.46%
EXAS	D	0.45%
BRBR	A	0.45%
FBIN	D	0.45%
FN	D	0.44%
ROKU	D	0.44%
TFX	F	0.43%
PCTY	B	0.43%
AXTA	A	0.43%
WMS	D	0.42%
SNX	C	0.42%
KNX	B	0.42%
AOS	F	0.42%
RVMD	C	0.42%
RL	B	0.41%
TTC	D	0.41%
ITCI	C	0.41%
PEN	B	0.41%
MTZ	B	0.41%
FRT	B	0.4%
PLNT	A	0.4%
MOS	F	0.4%
DVA	B	0.4%
X	C	0.39%
HAS	D	0.39%
VOYA	B	0.39%
ONTO	D	0.38%
WH	B	0.37%
TREX	C	0.37%
HSIC	B	0.37%
MEDP	D	0.37%
RHI	B	0.37%
ESTC	C	0.36%
AA	B	0.35%
OLED	D	0.35%
RIVN	F	0.35%
APG	B	0.35%
MHK	D	0.35%
RGEN	D	0.35%
ANF	C	0.34%
WEX	D	0.34%
GTLS	B	0.34%
BPOP	B	0.33%
BEN	C	0.33%
H	B	0.33%
CMC	B	0.33%
AGNC	D	0.33%
RYAN	B	0.33%
LSCC	D	0.33%
CGNX	C	0.33%
GXO	B	0.33%
MKSI	C	0.33%
DINO	D	0.32%
AZEK	A	0.32%
PARA	C	0.32%
HLNE	B	0.32%
HALO	F	0.32%
CFLT	B	0.31%
DAR	C	0.31%
STAG	F	0.31%
AXS	A	0.31%
WBA	F	0.3%
ESI	A	0.3%
NOV	C	0.3%
PVH	C	0.28%
SUM	B	0.28%
STWD	C	0.28%
CHX	C	0.28%
WFRD	D	0.28%
CROX	D	0.28%
SIGI	C	0.28%
ETSY	D	0.28%
BPMC	C	0.28%
VKTX	F	0.27%
ALTR	B	0.27%
WTS	B	0.27%
CLF	F	0.26%
LEA	D	0.26%
CRUS	D	0.26%
PATH	C	0.26%
TKR	D	0.23%
FIVE	F	0.23%
ST	F	0.23%
IBP	D	0.23%
AN	C	0.21%
GAP	C	0.21%
ACHC	F	0.17%
ZG	A	0.16%
COTY	F	0.13%
CACC	D	0.13%
NWS	B	0.11%
LEVI	F	0.08%
LCID	F	0.08%

IQSM Underweight 103 Positions Relative to HSMV

Symbol	Grade	Weight
SEIC	B	-1.89%
IDA	A	-1.65%
OGE	B	-1.59%
CTRE	D	-1.54%
RLI	B	-1.42%
MSGS	A	-1.4%
CACI	D	-1.29%
FHI	A	-1.26%
NJR	A	-1.24%
NFG	A	-1.18%
FLO	D	-1.17%
NWE	B	-1.13%
AFG	A	-1.08%
POR	C	-1.07%
NNN	D	-1.01%
GLPI	C	-0.99%
BKH	A	-0.9%
MMS	F	-0.89%
FCPT	C	-0.86%
CBSH	A	-0.83%
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%
LOPE	B	-0.74%
ENSG	D	-0.73%
AWR	B	-0.72%
OGS	A	-0.72%
SLGN	A	-0.68%
CPK	A	-0.67%
CW	B	-0.67%
AGO	B	-0.67%
ESNT	D	-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%
FELE	B	-0.56%
GATX	A	-0.56%
CHH	A	-0.56%
MTG	C	-0.55%
SBRA	C	-0.55%
COLM	B	-0.55%
NMIH	D	-0.55%
RS	B	-0.54%
BCPC	B	-0.53%
FLS	B	-0.52%
CWT	D	-0.51%
FNF	B	-0.51%
EPC	D	-0.49%
AVT	C	-0.49%
BWXT	B	-0.48%
MUSA	A	-0.47%
LANC	C	-0.46%
JEF	A	-0.46%
PFGC	B	-0.45%
CHDN	B	-0.45%
PB	A	-0.45%
CNO	A	-0.44%
MSM	C	-0.44%
LAMR	D	-0.43%
ENR	B	-0.43%
RYN	D	-0.42%
BLKB	B	-0.41%
RDN	C	-0.4%
FNB	A	-0.38%
CLH	B	-0.38%
ASH	D	-0.36%
ABM	B	-0.36%
COOP	B	-0.35%
IOSP	B	-0.35%
SAIC	F	-0.35%
LXP	D	-0.34%
RGLD	C	-0.34%
EVR	B	-0.34%
LECO	B	-0.34%
CSL	C	-0.33%
MAN	D	-0.32%
JJSF	B	-0.31%
ONB	B	-0.31%
R	B	-0.3%
KFY	B	-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%
FSS	B	-0.24%
AIN	C	-0.24%
IRT	A	-0.23%
HXL	D	-0.22%
CRI	D	-0.21%
PCH	D	-0.19%
NSA	D	-0.13%