VFQY vs. HSMV ETF Comparison

Comparison of Vanguard U.S. Quality Factor ETF (VFQY) to First Trust Horizon Managed Volatility Small/Mid ETF (HSMV)

VFQY

Vanguard U.S. Quality Factor ETF

VFQY Description

The investment seeks to provide long-term capital appreciation by investing in stocks with strong fundamentals as determined by the advisor. The fund invests primarily in U.S. common stocks with the potential to generate higher returns relative to the broad U.S. equity market by investing in stocks with strong fundamentals as determined by the advisor. The portfolio will include a diverse mix of companies representing many different market sectors and industry groups. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$141.67

Average Daily Volume

10,031

Number of Holdings ^*

354

* 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

$36.45

Average Daily Volume

1,106

Number of Holdings ^*

146

* may have additional holdings in another (foreign) market

Performance

Period	VFQY	HSMV
30 Days	0.17%	0.47%
60 Days	2.10%	4.26%
90 Days	5.95%	9.88%
12 Months	28.71%	26.01%

25 Overlapping Holdings

Symbol	Grade	Weight in VFQY	Weight in HSMV	Overlap
BJ	D	0.34%	0.35%	0.34%
CASY	D	0.22%	0.24%	0.22%
CHE	B	0.32%	1.29%	0.32%
CNO	C	0.37%	0.39%	0.37%
DCI	B	0.51%	1.33%	0.51%
FELE	B	0.05%	0.57%	0.05%
FLO	C	0.44%	1.26%	0.44%
GGG	B	0.09%	1.04%	0.09%
IOSP	F	0.09%	0.35%	0.09%
LANC	F	0.12%	0.47%	0.12%
LECO	F	0.26%	0.33%	0.26%
LOPE	D	0.22%	0.67%	0.22%
LSTR	D	0.58%	0.78%	0.58%
MAN	D	0.12%	0.38%	0.12%
MSA	D	0.22%	0.87%	0.22%
MSM	D	0.53%	0.47%	0.47%
MTG	B	0.07%	0.57%	0.07%
MUSA	D	0.07%	0.46%	0.07%
NMIH	C	0.17%	0.61%	0.17%
NYT	B	0.1%	1.02%	0.1%
PRI	A	0.51%	0.71%	0.51%
RDN	D	0.07%	0.41%	0.07%
RPM	C	0.5%	0.63%	0.5%
RS	D	0.12%	0.52%	0.12%
SEIC	B	0.08%	1.65%	0.08%

VFQY Overweight 329 Positions Relative to HSMV

Symbol	Grade	Weight
AAPL	C	2.18%
GILD	A	2.06%
QCOM	D	1.87%
MMM	B	1.86%
ADBE	F	1.81%
WMT	A	1.73%
TJX	C	1.64%
KLAC	D	1.59%
LRCX	F	1.57%
IDXX	D	1.57%
TGT	C	1.47%
V	C	1.43%
NKE	D	1.39%
AXP	A	1.39%
PEP	D	1.33%
JNJ	C	1.3%
MRK	F	1.22%
COST	C	1.15%
CTAS	C	1.1%
LULU	D	1.09%
AMZN	C	1.06%
ROST	C	0.77%
ADSK	C	0.77%
LLY	D	0.73%
NVDA	C	0.73%
ABBV	A	0.71%
MCHP	F	0.7%
EQH	C	0.7%
CHRW	A	0.69%
AIG	F	0.67%
AMAT	D	0.67%
PAYX	A	0.66%
AMP	A	0.62%
META	A	0.62%
NTAP	D	0.61%
FAST	C	0.57%
ANF	D	0.55%
AYI	A	0.55%
MPC	F	0.53%
STT	C	0.53%
SLM	C	0.51%
ADP	A	0.49%
BBY	B	0.49%
EOG	D	0.49%
FBP	D	0.49%
AFL	A	0.47%
CVLT	C	0.46%
TDC	D	0.45%
KR	B	0.45%
RHI	D	0.43%
BPOP	D	0.42%
QLYS	F	0.42%
RL	B	0.42%
EBAY	A	0.42%
DKS	D	0.42%
POOL	B	0.41%
AX	D	0.4%
DECK	C	0.4%
MAT	C	0.4%
EXPE	B	0.38%
ROK	D	0.37%
CASH	D	0.37%
CDNS	D	0.37%
KD	F	0.37%
BLDR	B	0.37%
WFRD	F	0.37%
ECL	A	0.37%
CAT	A	0.36%
IT	C	0.36%
SSD	C	0.35%
KVUE	C	0.35%
MPWR	C	0.34%
MANH	C	0.34%
WSFS	D	0.34%
DLTR	F	0.34%
CNM	F	0.34%
M	F	0.34%
ZION	D	0.34%
SKX	C	0.33%
EA	D	0.33%
UFPI	B	0.33%
OFG	D	0.33%
EW	F	0.32%
WLY	A	0.32%
VMI	B	0.32%
SYF	C	0.32%
LNTH	C	0.32%
NSP	F	0.31%
TBBK	C	0.31%
BLBD	D	0.3%
AOS	B	0.3%
NTRS	C	0.3%
ALKS	C	0.3%
TPL	B	0.3%
TPR	B	0.3%
APOG	B	0.29%
APPF	C	0.29%
NTB	D	0.29%
ULTA	D	0.28%
MEDP	F	0.28%
JXN	B	0.28%
K	B	0.28%
PYPL	B	0.28%
TREX	D	0.27%
DOCU	B	0.27%
GL	C	0.27%
PG	C	0.26%
WMS	D	0.25%
GPC	D	0.25%
LMB	C	0.25%
CRUS	D	0.25%
KFRC	F	0.24%
EXPD	B	0.24%
PSTG	F	0.24%
HAS	A	0.24%
AIT	A	0.24%
CR	C	0.23%
CFG	D	0.23%
A	B	0.23%
PVH	F	0.22%
CPNG	C	0.22%
PII	D	0.22%
TNET	F	0.22%
ELF	F	0.21%
GOOGL	C	0.21%
BBW	B	0.21%
SHOO	A	0.21%
SMAR	A	0.2%
VRT	B	0.2%
FIZZ	C	0.2%
WDFC	C	0.2%
PJT	C	0.19%
NUS	F	0.19%
SNPS	F	0.19%
MLI	B	0.19%
TK	B	0.19%
AVY	B	0.18%
CRVL	C	0.18%
ODP	F	0.18%
EXTR	D	0.18%
SIG	C	0.18%
PLAB	D	0.18%
SAM	D	0.18%
BBSI	A	0.18%
GWW	A	0.18%
EPAC	C	0.18%
JKHY	A	0.18%
PINS	D	0.17%
MA	A	0.17%
SCS	D	0.17%
OLN	D	0.17%
OXY	F	0.17%
BCC	B	0.16%
BXC	D	0.16%
JBSS	F	0.16%
ROL	B	0.16%
PLMR	D	0.16%
WTS	B	0.16%
YELP	F	0.16%
OXM	F	0.16%
YOU	C	0.15%
GMS	D	0.15%
CSWI	B	0.15%
CHCO	D	0.15%
BOKF	D	0.15%
IDT	C	0.15%
IESC	B	0.15%
ASO	D	0.14%
HCKT	C	0.14%
CUBI	F	0.14%
GIII	C	0.14%
ATEN	C	0.14%
PEGA	C	0.14%
WABC	F	0.14%
WHD	B	0.14%
MOH	D	0.14%
HAE	D	0.13%
HNI	B	0.13%
AAP	F	0.13%
KO	B	0.13%
TER	D	0.13%
CAL	F	0.13%
FFIV	C	0.13%
AON	A	0.13%
TXG	F	0.12%
PRMW	C	0.12%
COKE	B	0.12%
HWKN	A	0.12%
CSGS	C	0.12%
SFIX	F	0.12%
BHF	F	0.12%
SONO	D	0.12%
BELFB	B	0.12%
CEIX	B	0.12%
MRC	D	0.12%
INDB	D	0.12%
SRCE	D	0.11%
FIX	B	0.11%
CMI	B	0.11%
TRIP	F	0.11%
ASC	D	0.11%
BKE	C	0.11%
KAI	C	0.11%
SM	F	0.11%
EGY	D	0.11%
HSY	D	0.11%
TTC	D	0.11%
CATY	D	0.11%
SLVM	C	0.11%
TILE	B	0.11%
PRDO	D	0.1%
CVBF	D	0.1%
WBA	F	0.1%
LZB	C	0.1%
UVE	C	0.1%
MCRI	B	0.1%
CRCT	C	0.1%
SOLV	D	0.1%
FC	C	0.1%
NVR	A	0.1%
DFIN	D	0.1%
ARLO	F	0.1%
MLKN	F	0.1%
ODFL	D	0.1%
CPF	C	0.1%
STRL	C	0.1%
ENPH	D	0.09%
NSSC	F	0.09%
BHLB	D	0.09%
PRLB	F	0.09%
CDRE	B	0.09%
VRTS	F	0.09%
SPOT	B	0.09%
PSMT	B	0.09%
BK	C	0.09%
TNC	F	0.09%
KMB	B	0.09%
UAA	B	0.08%
ZEUS	F	0.08%
CARG	C	0.08%
EME	C	0.08%
ATKR	F	0.08%
DAKT	D	0.08%
ETH	D	0.08%
MBUU	D	0.08%
BRKR	D	0.08%
VITL	C	0.08%
PPG	D	0.08%
ANIP	D	0.08%
AEO	C	0.08%
CCRN	F	0.07%
MYE	F	0.07%
HOLX	D	0.07%
CRAI	B	0.07%
POWL	A	0.07%
AVAV	B	0.07%
AMAL	D	0.07%
MCO	C	0.07%
CBU	D	0.07%
MCFT	F	0.07%
STLD	C	0.07%
CNXN	C	0.07%
EVER	D	0.07%
BMI	A	0.07%
GTLB	D	0.07%
CTS	D	0.06%
OSUR	F	0.06%
WTTR	D	0.06%
RGP	F	0.06%
PDCO	F	0.06%
THRY	F	0.06%
EL	D	0.06%
TNK	D	0.06%
APAM	C	0.06%
SUPN	D	0.06%
MYGN	D	0.06%
OEC	F	0.06%
FULT	D	0.06%
CDW	D	0.06%
LPX	A	0.05%
EGBN	C	0.05%
GOLF	F	0.05%
SCHL	D	0.05%
PCRX	F	0.05%
MBIN	D	0.05%
SBSI	D	0.05%
BLD	C	0.05%
LYTS	B	0.05%
CHGG	F	0.05%
HY	F	0.05%
ARCH	D	0.05%
ALGN	D	0.05%
SPTN	B	0.05%
AMR	F	0.05%
RMD	C	0.05%
SXC	F	0.04%
YEXT	B	0.04%
EXLS	B	0.04%
CDNA	C	0.04%
DKNG	D	0.04%
REVG	D	0.04%
EYE	F	0.04%
SNA	B	0.04%
SXI	B	0.04%
LSCC	D	0.04%
MOV	F	0.04%
CLW	F	0.04%
INCY	B	0.03%
DUOL	B	0.03%
LKFN	D	0.03%
DHIL	C	0.03%
WNC	F	0.03%
KELYA	D	0.03%
CACC	F	0.03%
ROKU	D	0.03%
DXLG	F	0.03%
OII	D	0.03%
BKNG	C	0.03%
BECN	F	0.03%
OC	B	0.02%
PFBC	D	0.02%
PRTS	D	0.02%
KEYS	C	0.02%
KRNY	D	0.02%
CPRX	C	0.02%
USNA	F	0.02%
TCMD	C	0.02%
ACAD	F	0.02%
RYI	F	0.02%

VFQY Underweight 121 Positions Relative to HSMV

Symbol	Grade	Weight
ATR	A	-2.04%
ORI	A	-1.7%
POST	B	-1.7%
INGR	A	-1.67%
DTM	A	-1.62%
CTRE	B	-1.6%
OGE	A	-1.53%
CACI	A	-1.48%
IDA	B	-1.46%
MSGS	B	-1.37%
ADC	B	-1.33%
AMH	D	-1.31%
RLI	A	-1.28%
NJR	C	-1.22%
AM	A	-1.2%
NWE	A	-1.18%
NNN	A	-1.16%
NFG	A	-1.15%
FHI	C	-1.14%
OHI	C	-1.13%
POR	B	-1.11%
AFG	B	-1.08%
GNTX	F	-1.06%
MMS	A	-1.06%
GLPI	B	-1.04%
MDU	C	-0.97%
DLB	D	-0.93%
EHC	B	-0.91%
FCPT	C	-0.9%
EPR	C	-0.89%
BKH	B	-0.89%
KBR	D	-0.85%
ELS	D	-0.83%
EFC	D	-0.83%
ESNT	C	-0.78%
AVA	B	-0.77%
ENSG	D	-0.77%
PECO	C	-0.72%
AWR	B	-0.71%
CBSH	D	-0.71%
OGS	A	-0.71%
RNR	A	-0.7%
EGP	D	-0.7%
EPRT	C	-0.68%
PBH	D	-0.68%
SLGN	A	-0.66%
CPK	B	-0.65%
RGA	C	-0.65%
CW	A	-0.63%
AMG	C	-0.61%
AGO	D	-0.6%
SF	A	-0.6%
FCN	B	-0.59%
IDCC	A	-0.59%
PRGS	B	-0.59%
SCI	C	-0.58%
JHG	C	-0.58%
SBRA	C	-0.57%
ACM	B	-0.56%
COLM	B	-0.56%
BCPC	C	-0.54%
CWT	D	-0.54%
ARW	C	-0.54%
AVT	B	-0.52%
FNF	A	-0.52%
EPC	F	-0.52%
CHH	C	-0.52%
GATX	D	-0.51%
FR	C	-0.48%
FLS	B	-0.47%
LAMR	C	-0.46%
BRX	B	-0.46%
RYN	C	-0.45%
CHDN	D	-0.44%
PFGC	B	-0.43%
ASH	F	-0.42%
BWXT	A	-0.42%
BLKB	C	-0.42%
FAF	B	-0.41%
SAIC	B	-0.41%
PB	D	-0.4%
JEF	B	-0.39%
CLH	C	-0.39%
ENR	B	-0.39%
ITT	B	-0.38%
LXP	D	-0.38%
GPK	B	-0.38%
RGLD	C	-0.35%
ABM	D	-0.35%
CSL	A	-0.34%
AGCO	D	-0.33%
FNB	D	-0.33%
JJSF	A	-0.33%
COOP	C	-0.33%
MTN	D	-0.31%
G	A	-0.31%
JAZZ	F	-0.31%
EXEL	C	-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	B	-0.26%
OSK	F	-0.26%
AIN	D	-0.26%
FSS	B	-0.25%
HXL	F	-0.24%
PLXS	B	-0.24%
REXR	D	-0.24%
IRT	C	-0.23%
PCH	C	-0.21%
NSA	C	-0.15%