HSMV vs. ESGX ETF Comparison

Comparison of First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) to Tuttle Capital Shareholders First Index ETF (ESGX)

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

$38.84

Average Daily Volume

1,350

Number of Holdings ^*

147

* may have additional holdings in another (foreign) market

ESGX

Tuttle Capital Shareholders First Index ETF

ESGX Description

ESGX invests in US-listed companies determined to have high shareholder value, unencumbered by ESG restrictions, such as political stances or conforming to a greater social goal of stakeholder capitalism. Using a proprietary methodology, the fund assigns stocks with shareholder value creation and financial metric scores. The shareholder value creation score considers information on corporate donations, advocacy, activities, and policies gathered from different data sources. The financial metrics score separately calculates a securitys one-year and five-year price performance, closing price, cash, revenue, debt-to-equity ratio, average dividend yield, profit margin, and market capitalization. Companies are ranked according to the highest shareholder value creation and financial metric scores. The fund selects and weights 50 companies from the resulting sets of filtered companies. The index is rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$26.60

Average Daily Volume

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HSMV	ESGX
30 Days	6.56%	5.64%
60 Days	6.51%	4.22%
90 Days	8.06%
12 Months	28.24%

7 Overlapping Holdings

Symbol	Grade	Weight in HSMV	Weight in ESGX	Overlap
DCI	A	1.33%	2.01%	1.33%
EGP	D	0.63%	1.68%	0.63%
EHC	B	0.9%	2.06%	0.9%
POST	B	1.56%	1.78%	1.56%
RLI	A	1.42%	2.35%	1.42%
SEIC	A	1.89%	2.29%	1.89%
SLGN	A	0.68%	2.22%	0.68%

HSMV Overweight 140 Positions Relative to ESGX

Symbol	Grade	Weight
ATR	B	2.09%
DTM	B	2.06%
ORI	A	1.76%
IDA	B	1.65%
INGR	B	1.65%
OGE	A	1.59%
CTRE	D	1.54%
MSGS	B	1.4%
ADC	B	1.34%
CACI	D	1.29%
FHI	A	1.26%
AMH	C	1.24%
NJR	A	1.24%
AM	B	1.21%
NFG	B	1.18%
FLO	C	1.17%
CHE	D	1.16%
NWE	A	1.13%
OHI	D	1.08%
AFG	A	1.08%
POR	C	1.07%
GGG	B	1.06%
NNN	D	1.01%
GNTX	C	0.99%
GLPI	B	0.99%
NYT	C	0.95%
BKH	B	0.9%
MMS	F	0.89%
FCPT	C	0.86%
DLB	B	0.85%
CBSH	B	0.83%
ELS	C	0.81%
MSA	C	0.8%
EPR	D	0.79%
PRI	A	0.78%
IDCC	A	0.77%
AVA	B	0.76%
LSTR	B	0.76%
PBH	B	0.76%
EFC	C	0.76%
KBR	F	0.75%
PECO	B	0.74%
LOPE	B	0.74%
ENSG	D	0.73%
AWR	B	0.72%
OGS	A	0.72%
SF	B	0.72%
RPM	A	0.68%
RNR	C	0.67%
CPK	A	0.67%
CW	B	0.67%
RGA	A	0.67%
AGO	A	0.67%
ESNT	D	0.67%
JHG	A	0.66%
EPRT	B	0.65%
MDU	F	0.64%
AMG	B	0.63%
CDP	C	0.63%
SCI	A	0.62%
PRGS	A	0.58%
ACM	A	0.57%
FELE	B	0.56%
GATX	A	0.56%
CHH	A	0.56%
MTG	B	0.55%
SBRA	B	0.55%
COLM	A	0.55%
NMIH	C	0.55%
RS	B	0.54%
BCPC	B	0.53%
FLS	A	0.52%
CWT	D	0.51%
FNF	B	0.51%
EPC	D	0.49%
AVT	C	0.49%
FCN	D	0.49%
BRX	A	0.48%
BWXT	B	0.48%
MUSA	B	0.47%
LANC	C	0.46%
JEF	A	0.46%
PFGC	A	0.45%
FR	C	0.45%
CHDN	B	0.45%
ARW	D	0.45%
PB	B	0.45%
CNO	A	0.44%
MSM	C	0.44%
LAMR	C	0.43%
ENR	A	0.43%
RYN	C	0.42%
BLKB	B	0.41%
RDN	C	0.4%
FAF	B	0.4%
FNB	B	0.38%
ITT	A	0.38%
CLH	B	0.38%
EXEL	A	0.38%
ASH	F	0.36%
GPK	C	0.36%
ABM	B	0.36%
BJ	B	0.36%
COOP	B	0.35%
G	B	0.35%
IOSP	B	0.35%
SAIC	F	0.35%
LXP	D	0.34%
RGLD	D	0.34%
EVR	B	0.34%
LECO	C	0.34%
JAZZ	B	0.33%
CSL	B	0.33%
MAN	D	0.32%
KEX	B	0.31%
AGCO	D	0.31%
JJSF	C	0.31%
ONB	B	0.31%
R	B	0.3%
KFY	B	0.29%
MTN	C	0.29%
ALV	C	0.29%
MIDD	B	0.28%
EVTC	C	0.28%
OSK	B	0.28%
ORA	B	0.27%
PLXS	B	0.27%
CASY	B	0.26%
LII	A	0.26%
HRB	D	0.26%
FSS	B	0.24%
LFUS	D	0.24%
CUBE	D	0.24%
AIN	C	0.24%
IRT	B	0.23%
HXL	D	0.22%
CRI	F	0.21%
REXR	F	0.2%
PCH	C	0.19%
NSA	C	0.13%

HSMV Underweight 42 Positions Relative to ESGX

Symbol	Grade	Weight
GTLS	B	-2.58%
VTRS	B	-2.48%
GEF	B	-2.36%
TYL	A	-2.36%
WST	C	-2.33%
NWS	B	-2.33%
EVRG	A	-2.28%
VNO	B	-2.27%
TPX	A	-2.21%
JBHT	C	-2.21%
PNR	B	-2.17%
VRSN	F	-2.14%
KIM	A	-2.11%
SYY	C	-2.11%
PNW	B	-2.09%
FFIV	A	-2.09%
KEYS	B	-2.08%
IBOC	B	-2.06%
DXCM	C	-2.04%
TDY	B	-2.03%
SYNA	C	-2.0%
ROL	B	-2.0%
MANH	C	-1.92%
CNP	A	-1.91%
FRT	A	-1.91%
HST	C	-1.89%
RVTY	D	-1.88%
MAA	B	-1.86%
POOL	C	-1.84%
LKQ	D	-1.82%
SWKS	F	-1.8%
O	D	-1.79%
STE	F	-1.75%
GPC	D	-1.71%
WEX	F	-1.7%
MCHP	F	-1.69%
KNSL	B	-1.69%
LNTH	D	-1.63%
BCO	D	-1.53%
HII	F	-1.42%
QRVO	F	-1.19%
ENPH	F	-1.1%