HSMV vs. IVOG ETF Comparison

Comparison of First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) to Vanguard S&P Mid-Cap 400 Growth ETF (IVOG)

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

$38.42

Average Daily Volume

1,340

Number of Holdings ^*

147

* may have additional holdings in another (foreign) market

IVOG

Vanguard S&P Mid-Cap 400 Growth ETF

IVOG Description

The investment seeks to track the performance of a benchmark index that measures the investment return of mid-capitalization growth stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the S&P MidCap 400Â® Growth Index, which represents the growth companies of the S&P MidCap 400 Index. The index measures the performance of mid-capitalization growth stocks. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$121.99

Average Daily Volume

26,407

Number of Holdings ^*

248

* may have additional holdings in another (foreign) market

Performance

Period	HSMV	IVOG
30 Days	3.72%	4.26%
60 Days	5.02%	5.07%
90 Days	5.82%	5.10%
12 Months	26.13%	31.73%

74 Overlapping Holdings

Symbol	Grade	Weight in HSMV	Weight in IVOG	Overlap
ACM	B	0.57%	0.44%	0.44%
ALV	C	0.29%	0.27%	0.27%
AM	A	1.21%	0.19%	0.19%
AMH	C	1.24%	0.45%	0.45%
ATR	B	2.09%	0.44%	0.44%
BLKB	B	0.41%	0.13%	0.13%
BRX	A	0.48%	0.24%	0.24%
BWXT	B	0.48%	0.75%	0.48%
CACI	D	1.29%	0.31%	0.31%
CASY	A	0.26%	0.99%	0.26%
CBSH	B	0.83%	0.2%	0.2%
CDP	C	0.63%	0.1%	0.1%
CHDN	B	0.45%	0.69%	0.45%
CHE	D	1.16%	0.33%	0.33%
CHH	A	0.56%	0.1%	0.1%
CLH	C	0.38%	0.79%	0.38%
COLM	C	0.55%	0.09%	0.09%
CSL	C	0.33%	1.31%	0.33%
CUBE	C	0.24%	0.4%	0.24%
CW	C	0.67%	0.58%	0.58%
DCI	B	1.33%	0.34%	0.34%
DLB	B	0.85%	0.17%	0.17%
DTM	A	2.06%	0.37%	0.37%
EGP	D	0.63%	0.35%	0.35%
EHC	B	0.9%	0.3%	0.3%
ELS	C	0.81%	0.56%	0.56%
ENSG	C	0.73%	0.59%	0.59%
EPR	C	0.79%	0.14%	0.14%
EVR	B	0.34%	0.44%	0.34%
EXEL	B	0.38%	0.64%	0.38%
FCN	F	0.49%	0.46%	0.46%
FLS	B	0.52%	0.21%	0.21%
FR	D	0.45%	0.22%	0.22%
GATX	A	0.56%	0.12%	0.12%
GGG	B	1.06%	0.93%	0.93%
GLPI	C	0.99%	0.4%	0.4%
GNTX	C	0.99%	0.3%	0.3%
HRB	D	0.26%	0.56%	0.26%
HXL	F	0.22%	0.16%	0.16%
IDA	A	1.65%	0.14%	0.14%
INGR	C	1.65%	0.21%	0.21%
ITT	A	0.38%	0.77%	0.38%
JAZZ	B	0.33%	0.19%	0.19%
KBR	F	0.75%	0.28%	0.28%
KEX	B	0.31%	0.19%	0.19%
LAMR	C	0.43%	0.45%	0.43%
LANC	C	0.46%	0.11%	0.11%
LECO	C	0.34%	0.74%	0.34%
LFUS	D	0.24%	0.29%	0.24%
LII	A	0.26%	1.3%	0.26%
LOPE	C	0.74%	0.27%	0.27%
LSTR	D	0.76%	0.29%	0.29%
MIDD	C	0.28%	0.24%	0.24%
MMS	F	0.89%	0.26%	0.26%
MSA	F	0.8%	0.44%	0.44%
MSM	C	0.44%	0.13%	0.13%
MTG	C	0.55%	0.17%	0.17%
MTN	C	0.29%	0.28%	0.28%
MUSA	B	0.47%	0.61%	0.47%
NNN	C	1.01%	0.2%	0.2%
NSA	C	0.13%	0.1%	0.1%
NYT	D	0.95%	0.62%	0.62%
OHI	C	1.08%	0.3%	0.3%
PRI	B	0.78%	0.63%	0.63%
REXR	F	0.2%	0.25%	0.2%
RGLD	C	0.34%	0.34%	0.34%
RLI	A	1.42%	0.28%	0.28%
RNR	C	0.67%	0.51%	0.51%
RPM	A	0.68%	0.6%	0.6%
RS	B	0.54%	1.06%	0.54%
RYN	D	0.42%	0.11%	0.11%
SAIC	F	0.35%	0.17%	0.17%
SCI	B	0.62%	0.41%	0.41%
SEIC	B	1.89%	0.25%	0.25%

HSMV Overweight 73 Positions Relative to IVOG

Symbol	Grade	Weight
ORI	A	1.76%
OGE	A	1.59%
POST	C	1.56%
CTRE	C	1.54%
MSGS	A	1.4%
ADC	A	1.34%
FHI	B	1.26%
NJR	A	1.24%
NFG	A	1.18%
FLO	D	1.17%
NWE	B	1.13%
AFG	A	1.08%
POR	C	1.07%
BKH	A	0.9%
FCPT	C	0.86%
IDCC	B	0.77%
AVA	A	0.76%
PBH	A	0.76%
EFC	C	0.76%
PECO	A	0.74%
AWR	B	0.72%
OGS	A	0.72%
SF	B	0.72%
SLGN	A	0.68%
CPK	A	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%
PRGS	A	0.58%
FELE	B	0.56%
SBRA	C	0.55%
NMIH	C	0.55%
BCPC	B	0.53%
CWT	C	0.51%
FNF	B	0.51%
EPC	F	0.49%
AVT	C	0.49%
JEF	A	0.46%
PFGC	B	0.45%
ARW	D	0.45%
PB	B	0.45%
CNO	B	0.44%
ENR	B	0.43%
RDN	D	0.4%
FAF	A	0.4%
FNB	A	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%
LXP	D	0.34%
MAN	F	0.32%
AGCO	D	0.31%
JJSF	C	0.31%
ONB	C	0.31%
R	B	0.3%
KFY	B	0.29%
EVTC	B	0.28%
OSK	C	0.28%
ORA	B	0.27%
PLXS	B	0.27%
FSS	B	0.24%
AIN	C	0.24%
IRT	A	0.23%
CRI	F	0.21%
PCH	F	0.19%

HSMV Underweight 174 Positions Relative to IVOG

Symbol	Grade	Weight
EME	A	-1.4%
WSM	C	-1.16%
WSO	A	-1.11%
MANH	D	-1.09%
DT	D	-1.08%
RBA	A	-1.05%
OC	A	-1.04%
PSTG	D	-1.04%
TOL	B	-1.01%
TPL	A	-0.99%
FIX	A	-0.94%
SAIA	B	-0.88%
TTEK	F	-0.88%
TXRH	B	-0.86%
NVT	B	-0.84%
NBIX	C	-0.82%
DUOL	A	-0.74%
FND	D	-0.74%
WMS	F	-0.71%
BLD	D	-0.71%
OVV	B	-0.7%
WWD	C	-0.66%
ONTO	F	-0.66%
IBKR	A	-0.66%
EXP	B	-0.65%
SRPT	F	-0.65%
KNSL	B	-0.64%
BURL	B	-0.63%
HLI	A	-0.62%
MORN	B	-0.6%
AIT	B	-0.6%
PEN	B	-0.6%
FN	C	-0.59%
PR	B	-0.58%
WING	D	-0.57%
AXTA	B	-0.56%
TPX	B	-0.56%
LNW	F	-0.56%
SKX	D	-0.55%
RBC	A	-0.55%
OLED	F	-0.54%
MEDP	D	-0.54%
PCTY	C	-0.54%
CR	A	-0.52%
AAON	B	-0.52%
EQH	C	-0.52%
TREX	C	-0.52%
CHRD	D	-0.52%
SSD	F	-0.51%
LNTH	D	-0.51%
UFPI	C	-0.5%
UTHR	C	-0.5%
RRC	B	-0.49%
HLNE	B	-0.49%
EWBC	A	-0.49%
WEX	D	-0.48%
XPO	B	-0.48%
LSCC	D	-0.47%
ESAB	C	-0.47%
RGEN	D	-0.47%
BMRN	F	-0.47%
COKE	C	-0.45%
PLNT	A	-0.45%
ANF	F	-0.45%
RYAN	A	-0.45%
H	B	-0.44%
AVTR	F	-0.43%
CROX	D	-0.43%
HALO	F	-0.43%
ALTR	B	-0.42%
MTDR	B	-0.41%
DBX	B	-0.41%
ELF	C	-0.4%
DKS	D	-0.4%
WFRD	D	-0.39%
OLLI	D	-0.38%
VNT	C	-0.38%
SFM	A	-0.36%
CNX	A	-0.35%
RMBS	B	-0.35%
VVV	D	-0.35%
FIVE	F	-0.35%
WTS	B	-0.35%
CCK	D	-0.35%
CG	B	-0.34%
GTLS	A	-0.34%
CNM	D	-0.33%
CELH	F	-0.32%
AYI	B	-0.32%
BYD	B	-0.32%
APPF	B	-0.32%
BCO	F	-0.31%
WH	B	-0.31%
WAL	B	-0.31%
WTRG	B	-0.31%
QLYS	B	-0.3%
WLK	D	-0.3%
CIVI	D	-0.3%
GXO	B	-0.3%
BRBR	A	-0.3%
MTSI	B	-0.28%
CVLT	B	-0.28%
FBIN	D	-0.28%
MASI	B	-0.27%
CBT	D	-0.27%
ACHC	F	-0.27%
TTC	C	-0.27%
LPX	B	-0.27%
NEU	D	-0.27%
EXLS	B	-0.26%
KNF	B	-0.26%
PSN	D	-0.25%
CIEN	C	-0.25%
BRKR	D	-0.25%
HQY	A	-0.25%
NOVT	D	-0.24%
CHX	C	-0.24%
CRUS	D	-0.23%
SLAB	F	-0.23%
VAL	F	-0.23%
STAG	D	-0.23%
CFR	B	-0.23%
WMG	D	-0.23%
BC	C	-0.22%
MKSI	C	-0.22%
PNFP	B	-0.22%
TKO	A	-0.22%
MAT	D	-0.21%
TDC	D	-0.21%
ROIV	C	-0.21%
VOYA	B	-0.21%
PK	C	-0.2%
CGNX	D	-0.2%
SIGI	C	-0.2%
KBH	D	-0.19%
DOCS	C	-0.18%
CYTK	F	-0.18%
COTY	F	-0.18%
TNL	A	-0.16%
HWC	B	-0.16%
ARWR	D	-0.16%
SHC	F	-0.16%
OZK	B	-0.16%
EXPO	D	-0.16%
OPCH	D	-0.15%
HAE	C	-0.15%
EEFT	B	-0.15%
TKR	D	-0.14%
RH	C	-0.14%
FFIN	B	-0.13%
YETI	D	-0.13%
SLM	A	-0.13%
MUR	D	-0.13%
TEX	F	-0.13%
OLN	F	-0.13%
POWI	F	-0.12%
IRDM	D	-0.12%
WEN	D	-0.12%
ENS	F	-0.11%
CAR	C	-0.1%
HGV	C	-0.1%
AZTA	D	-0.09%
AMED	F	-0.09%
NSP	F	-0.09%
SMG	C	-0.09%
IBOC	B	-0.09%
CPRI	F	-0.08%
VC	F	-0.08%
ALGM	D	-0.08%
SAM	C	-0.08%
IPGP	D	-0.07%
LIVN	F	-0.07%
ZI	D	-0.07%
SYNA	C	-0.07%