HSMV vs. ABCS ETF Comparison

Comparison of First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) to Alpha Blue Capital US Small-Mid Cap Dynamic ETF (ABCS)

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

ABCS

Alpha Blue Capital US Small-Mid Cap Dynamic ETF

ABCS Description

The fund is an actively managed ETF that seeks to achieve its investment objective by investing in a blend of domestic equity securities of small- and mid- capitalization companies and ETFs that provide broad exposure to domestic equity securities of small- and mid- capitalization companies. As it relates to the fund"s investments, a domestic equity security means common equity securities of companies domiciled and having their principal place of business in the U.S. and are traded on a major U.S. stock exchange and shares of ETFs that invest primarily in domestic equity securities.

Grade (RS Rating)

Last Trade

$30.21

Average Daily Volume

1,920

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

Performance

Period	HSMV	ABCS
30 Days	3.72%	5.51%
60 Days	5.02%	6.51%
90 Days	5.82%	7.64%
12 Months	26.13%

11 Overlapping Holdings

Symbol	Grade	Weight in HSMV	Weight in ABCS	Overlap
AGCO	D	0.31%	0.46%	0.31%
AGO	B	0.67%	0.52%	0.52%
ARW	D	0.45%	0.61%	0.45%
EFC	C	0.76%	0.46%	0.46%
ESNT	F	0.67%	0.27%	0.27%
FAF	A	0.4%	0.42%	0.4%
GPK	C	0.36%	1.39%	0.36%
IDCC	B	0.77%	0.43%	0.43%
JEF	A	0.46%	0.44%	0.44%
RGA	A	0.67%	0.5%	0.5%
RNR	C	0.67%	0.64%	0.64%

HSMV Overweight 136 Positions Relative to ABCS

Symbol	Grade	Weight
ATR	B	2.09%
DTM	A	2.06%
SEIC	B	1.89%
ORI	A	1.76%
IDA	A	1.65%
INGR	C	1.65%
OGE	A	1.59%
POST	C	1.56%
CTRE	C	1.54%
RLI	A	1.42%
MSGS	A	1.4%
ADC	A	1.34%
DCI	B	1.33%
CACI	D	1.29%
FHI	B	1.26%
AMH	C	1.24%
NJR	A	1.24%
AM	A	1.21%
NFG	A	1.18%
FLO	D	1.17%
CHE	D	1.16%
NWE	B	1.13%
OHI	C	1.08%
AFG	A	1.08%
POR	C	1.07%
GGG	B	1.06%
NNN	C	1.01%
GNTX	C	0.99%
GLPI	C	0.99%
NYT	D	0.95%
BKH	A	0.9%
EHC	B	0.9%
MMS	F	0.89%
FCPT	C	0.86%
DLB	B	0.85%
CBSH	B	0.83%
ELS	C	0.81%
MSA	F	0.8%
EPR	C	0.79%
PRI	B	0.78%
AVA	A	0.76%
LSTR	D	0.76%
PBH	A	0.76%
KBR	F	0.75%
PECO	A	0.74%
LOPE	C	0.74%
ENSG	C	0.73%
AWR	B	0.72%
OGS	A	0.72%
SF	B	0.72%
RPM	A	0.68%
SLGN	A	0.68%
CPK	A	0.67%
CW	C	0.67%
JHG	B	0.66%
EPRT	B	0.65%
MDU	D	0.64%
AMG	B	0.63%
CDP	C	0.63%
EGP	D	0.63%
SCI	B	0.62%
PRGS	A	0.58%
ACM	B	0.57%
FELE	B	0.56%
GATX	A	0.56%
CHH	A	0.56%
MTG	C	0.55%
SBRA	C	0.55%
COLM	C	0.55%
NMIH	C	0.55%
RS	B	0.54%
BCPC	B	0.53%
FLS	B	0.52%
CWT	C	0.51%
FNF	B	0.51%
EPC	F	0.49%
AVT	C	0.49%
FCN	F	0.49%
BRX	A	0.48%
BWXT	B	0.48%
MUSA	B	0.47%
LANC	C	0.46%
PFGC	B	0.45%
FR	D	0.45%
CHDN	B	0.45%
PB	B	0.45%
CNO	B	0.44%
MSM	C	0.44%
LAMR	C	0.43%
ENR	B	0.43%
RYN	D	0.42%
BLKB	B	0.41%
RDN	D	0.4%
FNB	A	0.38%
ITT	A	0.38%
CLH	C	0.38%
EXEL	B	0.38%
ASH	F	0.36%
ABM	B	0.36%
BJ	A	0.36%
COOP	B	0.35%
G	B	0.35%
IOSP	C	0.35%
SAIC	F	0.35%
LXP	D	0.34%
RGLD	C	0.34%
EVR	B	0.34%
LECO	C	0.34%
JAZZ	B	0.33%
CSL	C	0.33%
MAN	F	0.32%
KEX	B	0.31%
JJSF	C	0.31%
ONB	C	0.31%
R	B	0.3%
KFY	B	0.29%
MTN	C	0.29%
ALV	C	0.29%
MIDD	C	0.28%
EVTC	B	0.28%
OSK	C	0.28%
ORA	B	0.27%
PLXS	B	0.27%
CASY	A	0.26%
LII	A	0.26%
HRB	D	0.26%
FSS	B	0.24%
LFUS	D	0.24%
CUBE	C	0.24%
AIN	C	0.24%
IRT	A	0.23%
HXL	F	0.22%
CRI	F	0.21%
REXR	F	0.2%
PCH	F	0.19%
NSA	C	0.13%

HSMV Underweight 91 Positions Relative to ABCS

Symbol	Grade	Weight
VOE	A	-10.03%
VBR	A	-9.82%
GPN	B	-2.09%
EXPE	B	-1.85%
LPLA	A	-1.67%
LAD	A	-1.6%
LYV	A	-1.49%
KVUE	A	-1.47%
CTVA	C	-1.41%
CNC	D	-1.37%
MOH	F	-1.31%
DOCU	B	-1.16%
SLM	A	-1.03%
AMP	A	-0.96%
ET	A	-0.96%
WCC	B	-0.91%
FANG	C	-0.9%
NOMD	D	-0.88%
DFS	B	-0.87%
BYD	B	-0.84%
VLO	C	-0.81%
COF	C	-0.8%
GTLS	A	-0.78%
HUM	C	-0.74%
HOG	D	-0.74%
WH	B	-0.73%
ZBH	C	-0.73%
LNG	A	-0.72%
MOS	F	-0.69%
WTFC	A	-0.68%
BIIB	F	-0.67%
ZM	C	-0.67%
EG	C	-0.66%
HAL	C	-0.64%
CWK	C	-0.64%
CVS	D	-0.63%
SNX	D	-0.63%
PYPL	B	-0.62%
DAL	B	-0.6%
BK	A	-0.6%
ALK	B	-0.59%
USB	A	-0.57%
NCLH	B	-0.56%
VTRS	A	-0.54%
TPX	B	-0.54%
FLEX	B	-0.54%
WKC	C	-0.54%
TAP	C	-0.54%
NTRS	A	-0.54%
TFC	A	-0.53%
ALSN	B	-0.52%
AXS	A	-0.52%
ICLR	D	-0.52%
HBI	B	-0.51%
LYFT	C	-0.5%
EQR	C	-0.5%
JLL	D	-0.48%
OTIS	C	-0.47%
ULTA	F	-0.46%
NVST	B	-0.45%
AEP	C	-0.45%
STWD	C	-0.44%
BECN	B	-0.44%
BMRN	F	-0.44%
MTH	D	-0.43%
WU	F	-0.43%
AGM	B	-0.43%
USPH	B	-0.42%
SJM	D	-0.42%
RWT	D	-0.41%
CAR	C	-0.4%
TER	F	-0.39%
SKX	D	-0.38%
MAT	D	-0.38%
KR	B	-0.37%
OLN	F	-0.36%
AAP	D	-0.36%
CRL	D	-0.35%
EWBC	A	-0.35%
EFX	F	-0.34%
IGT	F	-0.32%
PSX	C	-0.29%
PLAB	C	-0.29%
MKTX	D	-0.29%
NXST	C	-0.28%
MCHP	F	-0.27%
SIRI	C	-0.27%
AMN	F	-0.26%
BCO	F	-0.25%
QRVO	F	-0.22%
FSLR	F	-0.2%