IVOV vs. HSMV ETF Comparison

Comparison of Vanguard S&P Mid-Cap 400 Value ETF (IVOV) to First Trust Horizon Managed Volatility Small/Mid ETF (HSMV)

IVOV

Vanguard S&P Mid-Cap 400 Value ETF

IVOV Description

The investment seeks to track the performance of a benchmark index that measures the investment return of mid-capitalization value stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the S&P MidCap 400Â® Value Index, which represents the value companies of the S&P MidCap 400 Index. The index measures the performance of mid-capitalization value stocks. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$93.64

Average Daily Volume

14,157

Number of Holdings ^*

284

* 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

$36.41

Average Daily Volume

1,200

Number of Holdings ^*

196

* may have additional holdings in another (foreign) market

Performance

Period	IVOV	HSMV
30 Days	2.01%	3.09%
60 Days	2.17%	3.71%
90 Days	7.72%	9.32%
12 Months	18.79%	19.61%

122 Overlapping Holdings

Symbol	Grade	Weight in IVOV	Weight in HSMV	Overlap
ACM	B	0.49%	0.48%	0.48%
ADC	B	0.51%	0.63%	0.51%
AFG	B	0.63%	0.5%	0.5%
AGCO	D	0.43%	0.42%	0.42%
ALE	B	0.27%	0.51%	0.27%
ALV	F	0.21%	0.37%	0.21%
AM	B	0.15%	0.48%	0.15%
AMG	C	0.43%	0.49%	0.43%
AMH	B	0.34%	0.52%	0.34%
ARW	C	0.48%	0.46%	0.46%
ASH	D	0.35%	0.42%	0.35%
ATR	A	0.29%	0.49%	0.29%
AVT	D	0.36%	0.47%	0.36%
BJ	D	0.86%	0.55%	0.55%
BKH	A	0.3%	0.52%	0.3%
BLKB	B	0.09%	0.3%	0.09%
BRX	B	0.31%	0.59%	0.31%
CACI	B	0.47%	0.55%	0.47%
CBSH	B	0.33%	0.49%	0.33%
CHE	C	0.25%	0.48%	0.25%
CHH	C	0.11%	0.48%	0.11%
CNO	B	0.28%	0.57%	0.28%
COLM	B	0.1%	0.49%	0.1%
CRI	C	0.16%	0.47%	0.16%
CRUS	D	0.22%	0.42%	0.22%
CUBE	A	0.35%	0.78%	0.35%
CVLT	B	0.19%	0.69%	0.19%
CW	B	0.29%	0.55%	0.29%
DCI	D	0.28%	0.46%	0.28%
DLB	D	0.15%	0.41%	0.15%
DTM	B	0.2%	0.56%	0.2%
EGP	B	0.25%	0.56%	0.25%
EHC	B	0.38%	0.52%	0.38%
ELS	B	0.34%	0.59%	0.34%
ENOV	F	0.17%	0.34%	0.17%
EPR	B	0.09%	0.55%	0.09%
ESNT	B	0.49%	0.56%	0.49%
EVR	B	0.2%	0.67%	0.2%
EXPO	B	0.19%	0.32%	0.19%
FAF	A	0.46%	0.64%	0.46%
FHI	B	0.2%	0.5%	0.2%
FLO	C	0.32%	0.45%	0.32%
FLS	D	0.27%	0.46%	0.27%
FNB	D	0.4%	0.46%	0.4%
FNF	B	1.05%	0.55%	0.55%
FR	B	0.28%	0.58%	0.28%
G	B	0.42%	0.59%	0.42%
GATX	C	0.23%	0.5%	0.23%
GLPI	B	0.57%	0.58%	0.57%
GMED	D	0.59%	0.64%	0.59%
GNTX	F	0.19%	0.4%	0.19%
GPK	A	0.68%	0.5%	0.5%
HXL	F	0.21%	0.42%	0.21%
IDA	B	0.22%	0.52%	0.22%
INGR	B	0.38%	0.56%	0.38%
IRT	A	0.31%	0.37%	0.31%
JAZZ	D	0.3%	0.39%	0.3%
JEF	B	0.73%	0.61%	0.61%
JHG	B	0.35%	0.53%	0.35%
KBR	D	0.35%	0.44%	0.35%
KEX	C	0.3%	0.49%	0.3%
KNX	C	0.64%	0.48%	0.48%
LAMR	A	0.32%	0.46%	0.32%
LANC	D	0.15%	0.5%	0.15%
LFUS	D	0.15%	0.55%	0.15%
LSTR	D	0.16%	0.49%	0.16%
MAN	D	0.27%	0.44%	0.27%
MAT	C	0.27%	0.53%	0.27%
MDU	B	0.4%	0.48%	0.4%
MIDD	D	0.27%	0.47%	0.27%
MMS	D	0.11%	0.51%	0.11%
MSM	D	0.14%	0.4%	0.14%
MTG	B	0.3%	0.58%	0.3%
MTN	D	0.17%	0.52%	0.17%
NFG	A	0.39%	0.54%	0.39%
NJR	A	0.34%	0.51%	0.34%
NNN	B	0.38%	0.57%	0.38%
NSA	A	0.11%	0.42%	0.11%
NWE	A	0.24%	0.52%	0.24%
OGE	B	0.57%	0.55%	0.55%
OGS	A	0.29%	0.52%	0.29%
OHI	B	0.39%	0.62%	0.39%
ONB	C	0.46%	0.32%	0.32%
ORA	C	0.31%	0.32%	0.31%
ORI	B	0.64%	0.56%	0.56%
OSK	D	0.52%	0.4%	0.4%
PB	B	0.51%	0.41%	0.41%
PCH	C	0.26%	0.5%	0.26%
PFGC	B	0.79%	0.49%	0.49%
PNM	B	0.27%	0.53%	0.27%
POR	A	0.36%	0.53%	0.36%
POST	C	0.4%	0.51%	0.4%
R	B	0.45%	0.44%	0.44%
REXR	C	0.49%	0.53%	0.49%
RGA	B	1.09%	0.52%	0.52%
RGLD	B	0.32%	0.42%	0.32%
RLI	B	0.16%	0.51%	0.16%
RNR	B	0.4%	0.51%	0.4%
RPM	B	0.53%	0.52%	0.52%
RYN	C	0.19%	0.49%	0.19%
SAIC	B	0.3%	0.49%	0.3%
SBRA	A	0.28%	0.59%	0.28%
SCI	A	0.42%	0.52%	0.42%
SEIC	C	0.25%	0.48%	0.25%
SF	B	0.67%	0.5%	0.5%
SFM	B	0.43%	0.63%	0.43%
SIGI	C	0.18%	0.42%	0.18%
SLGN	B	0.31%	0.5%	0.31%
SNX	D	0.68%	0.44%	0.44%
SON	C	0.39%	0.45%	0.39%
SR	A	0.28%	0.52%	0.28%
STAG	B	0.27%	0.55%	0.27%
SWX	C	0.33%	0.54%	0.33%
THG	A	0.36%	0.53%	0.36%
USFD	A	0.9%	0.53%	0.53%
UTHR	C	0.56%	0.68%	0.56%
VOYA	A	0.32%	0.49%	0.32%
WEN	C	0.09%	0.39%	0.09%
WH	B	0.15%	0.49%	0.15%
WPC	B	0.93%	0.53%	0.53%
WTRG	D	0.39%	0.52%	0.39%
WU	F	0.29%	0.49%	0.29%

IVOV Overweight 162 Positions Relative to HSMV

Symbol	Grade	Weight
ILMN	C	1.43%
THC	B	1.07%
ALLY	F	0.9%
JLL	B	0.87%
RRX	C	0.78%
AVTR	B	0.77%
UNM	B	0.75%
COHR	C	0.68%
FHN	C	0.67%
X	D	0.67%
ARMK	B	0.66%
AR	D	0.62%
CHK	D	0.62%
WBS	D	0.62%
FLR	D	0.6%
NOV	F	0.6%
ZION	D	0.56%
WCC	D	0.56%
DINO	F	0.56%
BERY	B	0.55%
SSB	B	0.55%
CLF	F	0.53%
WTFC	C	0.52%
BMRN	F	0.52%
XPO	D	0.52%
TMHC	B	0.52%
LEA	F	0.51%
CMC	D	0.51%
SNV	C	0.5%
BURL	B	0.49%
MTZ	B	0.49%
FYBR	C	0.48%
EQH	C	0.46%
DAR	F	0.46%
GME	F	0.45%
KD	D	0.45%
STWD	B	0.44%
CADE	C	0.44%
VMI	D	0.44%
ST	F	0.43%
DKS	D	0.43%
AA	D	0.43%
NXST	D	0.42%
PVH	D	0.42%
WHR	D	0.41%
CG	D	0.41%
CCK	A	0.41%
EWBC	D	0.41%
XRAY	D	0.41%
THO	C	0.41%
KRG	B	0.4%
SRCL	A	0.4%
COLB	C	0.4%
HOMB	C	0.39%
TPL	C	0.38%
UGI	B	0.38%
TTC	D	0.38%
LAD	C	0.38%
IBKR	B	0.38%
UBSI	C	0.38%
GBCI	C	0.37%
GAP	F	0.37%
M	D	0.35%
CGNX	D	0.35%
VNO	A	0.35%
HOG	C	0.34%
ERIE	B	0.34%
AN	D	0.34%
UMBF	B	0.33%
CIEN	C	0.33%
ASGN	D	0.32%
PNFP	B	0.32%
CFR	C	0.32%
PII	D	0.32%
CUZ	B	0.31%
PBF	F	0.31%
MKSI	F	0.3%
AVNT	B	0.3%
CNM	F	0.29%
KRC	C	0.29%
AYI	B	0.28%
BDC	B	0.28%
PRGO	C	0.28%
KMPR	D	0.28%
TKO	B	0.27%
CYTK	D	0.27%
LITE	C	0.26%
VLY	C	0.26%
CC	F	0.26%
HQY	C	0.25%
NEOG	D	0.25%
PAG	D	0.25%
AMKR	D	0.25%
ASB	D	0.25%
MUR	F	0.25%
TKR	D	0.25%
OLN	D	0.24%
CNXC	D	0.24%
GT	F	0.24%
TCBI	B	0.23%
BHF	F	0.23%
BRBR	C	0.23%
KBH	B	0.23%
FFIN	C	0.22%
SLM	D	0.22%
VSH	F	0.22%
CACC	F	0.22%
NVST	D	0.21%
BRKR	D	0.2%
SRPT	F	0.2%
GHC	C	0.2%
TGNA	C	0.2%
NOVT	D	0.2%
VAC	F	0.2%
ENS	D	0.19%
RCM	C	0.19%
RH	C	0.18%
EXLS	B	0.18%
GXO	D	0.18%
HWC	D	0.17%
ADNT	F	0.17%
OPCH	C	0.17%
OZK	D	0.17%
BC	D	0.16%
CHX	D	0.16%
ZI	D	0.16%
LPX	B	0.16%
ZD	D	0.16%
JWN	C	0.16%
CPRI	D	0.15%
SYNA	F	0.15%
EEFT	F	0.15%
MTSI	D	0.15%
SMG	C	0.15%
IBOC	C	0.15%
POWI	F	0.15%
AMED	D	0.14%
TEX	D	0.14%
DOCS	B	0.13%
GEF	D	0.13%
IRDM	D	0.13%
VC	F	0.13%
MASI	D	0.13%
CBT	B	0.13%
HAE	D	0.13%
NSP	F	0.13%
PPC	D	0.12%
LIVN	D	0.12%
ALGM	D	0.11%
KNF	B	0.1%
UA	C	0.1%
SAM	F	0.1%
HELE	D	0.1%
AZTA	D	0.09%
WOLF	F	0.09%
YETI	D	0.09%
IPGP	F	0.09%
UAA	C	0.09%
MP	D	0.08%
HGV	D	0.08%
WMG	D	0.07%
TNL	F	0.07%

IVOV Underweight 74 Positions Relative to HSMV

Symbol	Grade	Weight
LXP	B	-0.72%
IDCC	B	-0.7%
CPK	A	-0.67%
HRB	C	-0.64%
PLXS	B	-0.62%
NMIH	B	-0.61%
ENSG	A	-0.61%
INVA	B	-0.6%
FCPT	A	-0.59%
CTRE	A	-0.58%
MUSA	B	-0.58%
EPRT	A	-0.58%
CLH	B	-0.58%
AWR	B	-0.57%
EXP	A	-0.57%
JJSF	D	-0.57%
NYT	C	-0.57%
TTEK	B	-0.57%
BCPC	C	-0.57%
PRI	B	-0.56%
EXEL	A	-0.56%
ACHC	C	-0.55%
PECO	B	-0.55%
EME	A	-0.55%
CASY	C	-0.55%
ROIC	B	-0.54%
CSL	C	-0.54%
KFY	B	-0.54%
RDN	C	-0.54%
EFC	A	-0.54%
PRGS	B	-0.54%
CWT	A	-0.54%
LII	A	-0.53%
UNF	B	-0.53%
MCRI	C	-0.52%
VRRM	D	-0.52%
COOP	B	-0.52%
AIN	F	-0.51%
MSGS	B	-0.51%
AVA	B	-0.51%
NSIT	C	-0.51%
LOPE	D	-0.5%
WERN	D	-0.5%
NBIX	D	-0.5%
MOG.A	B	-0.49%
TXRH	D	-0.48%
PBH	B	-0.48%
FSS	D	-0.47%
BWXT	D	-0.47%
ITT	C	-0.47%
GGG	C	-0.47%
EPC	F	-0.46%
AGO	C	-0.46%
CHDN	B	-0.45%
WTS	C	-0.45%
RS	D	-0.44%
FELE	D	-0.44%
VVV	D	-0.43%
MSA	D	-0.43%
NVT	D	-0.41%
TNC	D	-0.41%
IOSP	D	-0.41%
ENR	D	-0.39%
EVTC	D	-0.39%
LECO	D	-0.37%
VNT	D	-0.37%
AIR	C	-0.33%
ABM	D	-0.32%
CCOI	C	-0.31%
FCN	C	-0.3%
GO	F	-0.25%
PDCO	D	-0.23%
PZZA	D	-0.22%
LEG	D	-0.18%