HSMV vs. CRED ETF Comparison

Comparison of First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) to Columbia Research Enhanced Real Estate ETF (CRED)

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

$38.50

Average Daily Volume

1,335

Number of Holdings ^*

147

* may have additional holdings in another (foreign) market

CRED

Columbia Research Enhanced Real Estate ETF

CRED Description

Columbia Research Enhanced Real Estate ETF (the Fund) seeks investment results that, before fees and expenses, closely correspond to the performance of the Beta Advantage® Lionstone Research Enhanced REIT Index (the Index). The Beta Advantage® Lionstone Research Enhanced REIT Index (the “Index”) aims to achieve stronger total return than the FTSE NAREIT All Equity REITs Index through a rules-based strategic beta approach. The Index methodology leverages proprietary research and insights from Lionstone Investments and Columbia Threadneedle Investments to score and weight each constituent within the FTSE NAREIT All Equity REITs Index on such factors as liquidity, income, geographic exposure, quality, value, catalyst and research rating.

Grade (RS Rating)

Last Trade

$23.63

Average Daily Volume

686

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HSMV	CRED
30 Days	4.88%	-1.32%
60 Days	5.46%	-1.75%
90 Days	6.96%	3.00%
12 Months	27.49%	25.86%

18 Overlapping Holdings

Symbol	Grade	Weight in HSMV	Weight in CRED	Overlap
AMH	D	1.24%	1.7%	1.24%
BRX	A	0.48%	1.45%	0.48%
CDP	C	0.63%	0.39%	0.39%
CTRE	D	1.54%	0.73%	0.73%
CUBE	D	0.24%	1.2%	0.24%
EPR	D	0.79%	0.77%	0.77%
EPRT	B	0.65%	0.54%	0.54%
FR	C	0.45%	0.92%	0.45%
GLPI	C	0.99%	1.81%	0.99%
LAMR	D	0.43%	1.93%	0.43%
LXP	D	0.34%	0.49%	0.34%
NNN	D	1.01%	0.85%	0.85%
NSA	D	0.13%	0.63%	0.13%
OHI	C	1.08%	1.36%	1.08%
PCH	D	0.19%	0.36%	0.19%
PECO	A	0.74%	0.61%	0.61%
RYN	D	0.42%	0.51%	0.42%
SBRA	C	0.55%	0.76%	0.55%

HSMV Overweight 129 Positions Relative to CRED

Symbol	Grade	Weight
ATR	B	2.09%
DTM	B	2.06%
SEIC	B	1.89%
ORI	A	1.76%
IDA	A	1.65%
INGR	B	1.65%
OGE	B	1.59%
POST	C	1.56%
RLI	B	1.42%
MSGS	A	1.4%
ADC	B	1.34%
DCI	B	1.33%
CACI	D	1.29%
FHI	A	1.26%
NJR	A	1.24%
AM	A	1.21%
NFG	A	1.18%
FLO	D	1.17%
CHE	D	1.16%
NWE	B	1.13%
AFG	A	1.08%
POR	C	1.07%
GGG	B	1.06%
GNTX	C	0.99%
NYT	C	0.95%
BKH	A	0.9%
EHC	B	0.9%
MMS	F	0.89%
FCPT	C	0.86%
DLB	B	0.85%
CBSH	A	0.83%
ELS	C	0.81%
MSA	D	0.8%
PRI	A	0.78%
IDCC	A	0.77%
AVA	A	0.76%
LSTR	D	0.76%
PBH	A	0.76%
EFC	C	0.76%
KBR	F	0.75%
LOPE	B	0.74%
ENSG	D	0.73%
AWR	B	0.72%
OGS	A	0.72%
SF	B	0.72%
RPM	A	0.68%
SLGN	A	0.68%
RNR	C	0.67%
CPK	A	0.67%
CW	B	0.67%
RGA	A	0.67%
AGO	B	0.67%
ESNT	D	0.67%
JHG	A	0.66%
MDU	D	0.64%
AMG	B	0.63%
EGP	F	0.63%
SCI	B	0.62%
PRGS	A	0.58%
ACM	A	0.57%
FELE	B	0.56%
GATX	A	0.56%
CHH	A	0.56%
MTG	C	0.55%
COLM	B	0.55%
NMIH	D	0.55%
RS	B	0.54%
BCPC	B	0.53%
FLS	B	0.52%
CWT	D	0.51%
FNF	B	0.51%
EPC	D	0.49%
AVT	C	0.49%
FCN	D	0.49%
BWXT	B	0.48%
MUSA	A	0.47%
LANC	C	0.46%
JEF	A	0.46%
PFGC	B	0.45%
CHDN	B	0.45%
ARW	D	0.45%
PB	A	0.45%
CNO	A	0.44%
MSM	C	0.44%
ENR	B	0.43%
BLKB	B	0.41%
RDN	C	0.4%
FAF	A	0.4%
FNB	A	0.38%
ITT	A	0.38%
CLH	B	0.38%
EXEL	B	0.38%
ASH	D	0.36%
GPK	C	0.36%
ABM	B	0.36%
BJ	A	0.36%
COOP	B	0.35%
G	B	0.35%
IOSP	B	0.35%
SAIC	F	0.35%
RGLD	C	0.34%
EVR	B	0.34%
LECO	B	0.34%
JAZZ	B	0.33%
CSL	C	0.33%
MAN	D	0.32%
KEX	C	0.31%
AGCO	D	0.31%
JJSF	B	0.31%
ONB	B	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	B	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	F	0.24%
AIN	C	0.24%
IRT	A	0.23%
HXL	D	0.22%
CRI	D	0.21%
REXR	F	0.2%

HSMV Underweight 52 Positions Relative to CRED

Symbol	Grade	Weight
AMT	D	-10.98%
SPG	B	-7.67%
EQIX	A	-7.18%
CCI	D	-6.96%
DLR	B	-6.22%
O	D	-5.9%
IRM	D	-3.91%
AVB	B	-3.32%
MAA	B	-3.18%
DOC	D	-2.75%
SBAC	D	-2.68%
INVH	D	-2.5%
WY	D	-2.39%
BXP	D	-1.51%
SUI	D	-1.31%
HST	C	-1.27%
KRG	B	-1.01%
STAG	F	-0.96%
KRC	C	-0.87%
RHP	B	-0.85%
CUZ	B	-0.83%
HIW	D	-0.78%
VNO	B	-0.64%
APLE	B	-0.64%
OUT	A	-0.51%
MPW	F	-0.47%
BNL	D	-0.43%
MAC	B	-0.43%
PK	B	-0.4%
SKT	B	-0.39%
DEI	B	-0.33%
GNL	F	-0.31%
UE	C	-0.28%
PDM	D	-0.27%
UNIT	B	-0.22%
XHR	B	-0.2%
RLJ	C	-0.19%
DRH	B	-0.19%
JBGS	D	-0.18%
SHO	C	-0.17%
AHH	D	-0.17%
BDN	C	-0.16%
UMH	C	-0.14%
ESRT	C	-0.13%
PEB	D	-0.12%
WSR	A	-0.12%
GMRE	F	-0.11%
INN	D	-0.09%
PGRE	F	-0.08%
HPP	F	-0.07%
ILPT	D	-0.02%
OPI	F	-0.01%