RDFI vs. HSMV ETF Comparison

Comparison of Rareview Dynamic Fixed Income ETF (RDFI) to First Trust Horizon Managed Volatility Small/Mid ETF (HSMV)

RDFI

Rareview Dynamic Fixed Income ETF

RDFI Description

The investment seeks total return with an emphasis on providing current income. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in fixed income closed-end funds trading at a discount or premium to their underlying net asset value and that pay regular periodic cash distributions. Through its investments in closed-end funds that hold non-U.S. fixed income securities, the fund may invest indirectly in foreign securities, including securities of issuers located in emerging markets. It is non-diversified.

Grade (RS Rating)

Last Trade

$25.00

Average Daily Volume

10,970

Number of Holdings ^*

* 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

1,137

Number of Holdings ^*

146

* may have additional holdings in another (foreign) market

Performance

Period	RDFI	HSMV
30 Days	2.12%	0.35%
60 Days	3.75%	4.14%
90 Days	8.72%	9.74%
12 Months	25.47%	27.25%

0 Overlapping Holdings

	Symbol	Grade	Weight in RDFI	Weight in HSMV	Overlap

RDFI Overweight 29 Positions Relative to HSMV

Symbol	Grade	Weight
EMD	A	6.47%
NPFD	A	6.06%
EDD	A	5.97%
FPF	A	5.56%
HIO	A	4.64%
PDX	A	4.57%
TEI	A	4.23%
NVG	A	3.97%
NZF	A	3.8%
ZROZ	C	3.05%
NAD	A	3.03%
BTZ	A	2.96%
EAD	A	2.89%
RA	A	2.53%
NEA	A	2.17%
FTF	A	2.17%
MMU	A	2.08%
BLE	A	1.98%
IQI	A	1.87%
FEMB	C	1.66%
HIX	A	1.5%
VKQ	A	1.48%
MYD	A	1.46%
EVV	A	1.43%
VMO	A	1.36%
GHY	A	1.34%
ERC	A	1.29%
JPC	C	0.42%
IIM	A	0.29%

RDFI Underweight 146 Positions Relative to HSMV

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%
EFC	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%
NMIH	C	-0.61%
AMG	B	-0.61%
AGO	B	-0.6%
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%
RDN	D	-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%
ABM	D	-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%
COOP	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%

RDFI: Top Represented Industries & Keywords

Industries: Asset Management