HSMV vs. FXN ETF Comparison

Comparison of First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) to First Trust Energy AlphaDEX Fund (FXN)

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

FXN

First Trust Energy AlphaDEX Fund

FXN Description

The investment seeks results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Energy Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the energy sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$17.95

Average Daily Volume

739,902

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HSMV	FXN
30 Days	3.72%	8.99%
60 Days	5.02%	8.39%
90 Days	5.82%	4.27%
12 Months	26.13%	8.75%

2 Overlapping Holdings

	Symbol	Grade	Weight in HSMV	Weight in FXN	Overlap
	AM	A	1.21%	0.78%	0.78%
	DTM	A	2.06%	1.96%	1.96%

HSMV Overweight 145 Positions Relative to FXN

Symbol	Grade	Weight
ATR	B	2.09%
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%
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%
IDCC	B	0.77%
AVA	A	0.76%
LSTR	D	0.76%
PBH	A	0.76%
EFC	C	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%
RNR	C	0.67%
CPK	A	0.67%
CW	C	0.67%
RGA	A	0.67%
AGO	B	0.67%
ESNT	F	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%
JEF	A	0.46%
PFGC	B	0.45%
FR	D	0.45%
CHDN	B	0.45%
ARW	D	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%
FAF	A	0.4%
FNB	A	0.38%
ITT	A	0.38%
CLH	C	0.38%
EXEL	B	0.38%
ASH	F	0.36%
GPK	C	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%
AGCO	D	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 36 Positions Relative to FXN

Symbol	Grade	Weight
MTDR	B	-4.63%
OVV	B	-4.53%
CIVI	D	-3.96%
NOV	C	-3.94%
DVN	F	-3.91%
CHRD	D	-3.9%
DINO	D	-3.7%
APA	D	-3.59%
PR	B	-3.46%
CVX	A	-3.41%
EOG	A	-3.41%
MRO	B	-3.36%
COP	C	-3.33%
CTRA	B	-3.3%
FANG	C	-3.29%
VLO	C	-3.22%
EQT	B	-2.72%
RRC	B	-2.55%
HAL	C	-2.41%
XOM	B	-2.4%
PSX	C	-2.3%
OXY	D	-2.29%
MPC	D	-2.26%
TRGP	A	-2.01%
KMI	A	-1.88%
BKR	A	-1.85%
HES	B	-1.66%
SLB	C	-1.61%
NFE	D	-1.57%
TPL	A	-1.19%
WMB	A	-0.95%
OKE	A	-0.92%
LNG	A	-0.91%
FTI	A	-0.84%
AR	B	-0.82%
FSLR	F	-0.61%