HSMV vs. GRPM ETF Comparison

Comparison of First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) to Invesco S&P MidCap 400? GARP ETF (GRPM)

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

GRPM

Invesco S&P MidCap 400? GARP ETF

GRPM Description

The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is designed to track the performance of the top 60 growth stocks in the S&P MidCap 400® Index with relatively high quality and value composite scores, which are computed pursuant to the index methodology.

Grade (RS Rating)

Last Trade

$124.43

Average Daily Volume

31,399

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HSMV	GRPM
30 Days	4.88%	8.14%
60 Days	5.46%	5.96%
90 Days	6.96%	5.34%
12 Months	27.49%	38.17%

10 Overlapping Holdings

Symbol	Grade	Weight in HSMV	Weight in GRPM	Overlap
AGCO	D	0.31%	1.03%	0.31%
AMG	B	0.63%	1.28%	0.63%
ARW	D	0.45%	0.95%	0.45%
AVT	C	0.49%	1.86%	0.49%
LECO	B	0.34%	1.33%	0.34%
LOPE	B	0.74%	1.32%	0.74%
MUSA	A	0.47%	2.14%	0.47%
NFG	A	1.18%	1.31%	1.18%
RNR	C	0.67%	1.63%	0.67%
RS	B	0.54%	1.67%	0.54%

HSMV Overweight 137 Positions Relative to GRPM

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%
CTRE	D	1.54%
RLI	B	1.42%
MSGS	A	1.4%
ADC	B	1.34%
DCI	B	1.33%
CACI	D	1.29%
FHI	A	1.26%
AMH	D	1.24%
NJR	A	1.24%
AM	A	1.21%
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	D	1.01%
GNTX	C	0.99%
GLPI	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%
EPR	D	0.79%
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%
PECO	A	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%
CPK	A	0.67%
CW	B	0.67%
RGA	A	0.67%
AGO	B	0.67%
ESNT	D	0.67%
JHG	A	0.66%
EPRT	B	0.65%
MDU	D	0.64%
CDP	C	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%
SBRA	C	0.55%
COLM	B	0.55%
NMIH	D	0.55%
BCPC	B	0.53%
FLS	B	0.52%
CWT	D	0.51%
FNF	B	0.51%
EPC	D	0.49%
FCN	D	0.49%
BRX	A	0.48%
BWXT	B	0.48%
LANC	C	0.46%
JEF	A	0.46%
PFGC	B	0.45%
FR	C	0.45%
CHDN	B	0.45%
PB	A	0.45%
CNO	A	0.44%
MSM	C	0.44%
LAMR	D	0.43%
ENR	B	0.43%
RYN	D	0.42%
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%
LXP	D	0.34%
RGLD	C	0.34%
EVR	B	0.34%
JAZZ	B	0.33%
CSL	C	0.33%
MAN	D	0.32%
KEX	C	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%
CUBE	D	0.24%
AIN	C	0.24%
IRT	A	0.23%
HXL	D	0.22%
CRI	D	0.21%
REXR	F	0.2%
PCH	D	0.19%
NSA	D	0.13%

HSMV Underweight 50 Positions Relative to GRPM

Symbol	Grade	Weight
LNTH	D	-2.88%
ROIV	C	-2.85%
AAON	B	-2.83%
HWC	B	-2.63%
KNSL	B	-2.43%
BYD	C	-2.41%
TXRH	C	-2.33%
AIT	A	-2.31%
MTDR	B	-2.23%
CNX	A	-2.19%
AN	C	-2.14%
LAD	A	-2.02%
EME	C	-1.93%
CHRD	D	-1.9%
TEX	D	-1.86%
FIX	A	-1.84%
RMBS	C	-1.83%
OZK	B	-1.82%
EWBC	A	-1.81%
CVLT	B	-1.76%
HOG	D	-1.75%
CIVI	D	-1.73%
TOL	B	-1.7%
OC	A	-1.6%
DINO	D	-1.6%
IBOC	A	-1.56%
DAR	C	-1.54%
VAL	D	-1.53%
CMC	B	-1.45%
EXP	A	-1.45%
CROX	D	-1.44%
MEDP	D	-1.42%
VC	D	-1.41%
KBH	D	-1.38%
TMHC	B	-1.38%
SSD	D	-1.37%
MANH	D	-1.36%
CELH	F	-1.33%
PAG	B	-1.33%
CBT	C	-1.32%
PBF	D	-1.32%
SAIA	B	-1.31%
OVV	B	-1.3%
BLD	D	-1.29%
LSCC	D	-1.26%
QLYS	C	-1.14%
PII	D	-1.08%
MUR	D	-1.06%
RRC	B	-1.0%
PVH	C	-0.98%