BEEZ vs. HSMV ETF Comparison

Comparison of Honeytree U.S. Equity ETF (BEEZ) to First Trust Horizon Managed Volatility Small/Mid ETF (HSMV)

BEEZ

Honeytree U.S. Equity ETF

BEEZ Description

The fund is an actively managed exchange-traded fund ("ETF") sub-advised by Honeytree Investment Management Ltd. (the "Sub-Adviser"). The fund does not seek to replicate the performance of a specified index. The fund seeks to achieve its investment objective by investing at least 80% of the fund"s net assets, plus borrowings for investment purposes in a concentrated portfolio of large-cap and mid-cap U.S. listed equity stocks.

Grade (RS Rating)

Last Trade

$32.81

Average Daily Volume

601

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

$38.09

Average Daily Volume

1,340

Number of Holdings ^*

147

* may have additional holdings in another (foreign) market

Performance

Period	BEEZ	HSMV
30 Days	1.11%	3.72%
60 Days	2.05%	5.02%
90 Days	4.98%	5.82%
12 Months	25.00%	26.13%

1 Overlapping Holdings

	Symbol	Grade	Weight in BEEZ	Weight in HSMV	Overlap
	ATR	B	4.02%	2.16%	2.16%

BEEZ Overweight 24 Positions Relative to HSMV

Symbol	Grade	Weight
INTU	B	4.17%
HD	B	4.13%
ACN	B	4.11%
COST	A	4.1%
NOW	A	4.09%
CMI	A	4.08%
EW	C	4.07%
ZTS	D	4.05%
V	A	4.04%
FAST	B	4.03%
WTS	B	4.02%
MA	B	4.01%
SHW	B	3.99%
EQIX	A	3.98%
ITW	B	3.98%
APD	A	3.97%
TMO	F	3.92%
AMT	C	3.91%
A	D	3.9%
MAS	D	3.87%
TSCO	D	3.86%
TXN	C	3.78%
LRCX	F	3.76%
OLED	F	3.72%

BEEZ Underweight 146 Positions Relative to HSMV

Symbol	Grade	Weight
DTM	A	-1.97%
SEIC	B	-1.86%
INGR	C	-1.74%
ORI	A	-1.69%
CACI	D	-1.62%
IDA	A	-1.59%
OGE	A	-1.57%
CTRE	C	-1.53%
POST	C	-1.53%
MSGS	A	-1.41%
RLI	A	-1.38%
DCI	B	-1.34%
ADC	A	-1.29%
FHI	B	-1.23%
AMH	C	-1.21%
AM	A	-1.19%
NJR	A	-1.19%
CHE	D	-1.15%
NFG	A	-1.14%
FLO	D	-1.12%
OHI	C	-1.11%
NWE	C	-1.09%
AFG	A	-1.08%
POR	C	-1.06%
GGG	B	-1.02%
MMS	F	-1.01%
NNN	C	-0.99%
GNTX	C	-0.98%
NYT	D	-0.97%
GLPI	C	-0.96%
EHC	B	-0.92%
KBR	F	-0.91%
DLB	B	-0.88%
BKH	A	-0.87%
FCPT	C	-0.82%
ELS	C	-0.81%
MSA	D	-0.81%
CBSH	B	-0.81%
EPR	C	-0.79%
LSTR	D	-0.78%
IDCC	B	-0.77%
PRI	B	-0.76%
LOPE	C	-0.76%
ENSG	C	-0.75%
EFC	C	-0.75%
PBH	A	-0.74%
PECO	A	-0.73%
SF	B	-0.73%
AWR	B	-0.72%
CW	C	-0.72%
AVA	B	-0.72%
OGS	A	-0.69%
CDP	C	-0.67%
RNR	C	-0.66%
ESNT	F	-0.66%
SLGN	A	-0.66%
RPM	A	-0.66%
RGA	A	-0.65%
JHG	B	-0.65%
CPK	A	-0.64%
AGO	B	-0.64%
EGP	D	-0.63%
EPRT	B	-0.63%
AMG	B	-0.62%
SCI	B	-0.61%
MDU	D	-0.61%
PRGS	A	-0.59%
SBRA	C	-0.58%
FELE	B	-0.57%
ACM	B	-0.57%
GATX	A	-0.56%
COLM	C	-0.55%
RS	B	-0.55%
CHH	A	-0.55%
MTG	C	-0.54%
NMIH	C	-0.54%
BCPC	B	-0.53%
FLS	B	-0.52%
CWT	C	-0.51%
FCN	F	-0.5%
AVT	C	-0.5%
LANC	C	-0.49%
FNF	B	-0.49%
EPC	F	-0.49%
BRX	A	-0.47%
MSM	C	-0.47%
BWXT	B	-0.47%
MUSA	B	-0.46%
ARW	D	-0.46%
CHDN	B	-0.45%
JEF	A	-0.45%
PFGC	B	-0.45%
CNO	B	-0.44%
SAIC	F	-0.44%
PB	B	-0.44%
FR	D	-0.44%
LAMR	C	-0.43%
BLKB	B	-0.42%
ENR	B	-0.42%
RYN	D	-0.41%
CLH	C	-0.4%
RDN	D	-0.39%
EXEL	B	-0.39%
ITT	A	-0.38%
FNB	A	-0.38%
FAF	A	-0.38%
BJ	A	-0.37%
ABM	B	-0.37%
EVR	B	-0.36%
G	B	-0.36%
ASH	F	-0.36%
GPK	C	-0.36%
IOSP	C	-0.36%
JAZZ	C	-0.35%
LXP	D	-0.35%
COOP	B	-0.35%
LECO	C	-0.35%
JJSF	C	-0.33%
RGLD	C	-0.33%
CSL	C	-0.33%
MAN	F	-0.32%
ONB	C	-0.32%
KEX	B	-0.31%
R	B	-0.3%
OSK	C	-0.29%
MTN	C	-0.29%
ALV	C	-0.29%
KFY	B	-0.29%
AGCO	D	-0.29%
MIDD	C	-0.28%
EVTC	B	-0.28%
PLXS	B	-0.27%
ORA	B	-0.27%
HRB	D	-0.26%
LFUS	D	-0.25%
CASY	A	-0.25%
LII	A	-0.25%
CUBE	C	-0.24%
AIN	C	-0.24%
HXL	F	-0.23%
FSS	B	-0.23%
IRT	A	-0.22%
CRI	F	-0.21%
PCH	D	-0.19%
REXR	F	-0.19%
NSA	C	-0.13%