HSMV vs. IYM ETF Comparison

Comparison of First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) to iShares U.S. Basic Materials ETF (IYM)

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

$36.39

Average Daily Volume

1,160

Number of Holdings ^*

146

* may have additional holdings in another (foreign) market

IYM

iShares U.S. Basic Materials ETF

IYM Description

The investment seeks to track the investment results of an index composed of U.S. equities in the basic materials sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Basic Materials Index (the "underlying index"), which measures the performance of the basic materials sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$148.69

Average Daily Volume

14,912

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HSMV	IYM
30 Days	1.88%	5.44%
60 Days	7.16%	8.86%
90 Days	10.13%	6.35%
12 Months	25.86%	22.56%

4 Overlapping Holdings

Symbol	Grade	Weight in HSMV	Weight in IYM	Overlap
ASH	F	0.42%	0.68%	0.42%
HXL	F	0.24%	0.79%	0.24%
RGLD	C	0.35%	1.46%	0.35%
RS	D	0.52%	2.59%	0.52%

HSMV Overweight 142 Positions Relative to IYM

Symbol	Grade	Weight
ATR	A	2.04%
ORI	A	1.7%
POST	C	1.7%
INGR	B	1.67%
SEIC	B	1.65%
DTM	A	1.62%
CTRE	C	1.6%
OGE	C	1.53%
CACI	A	1.48%
IDA	D	1.46%
MSGS	A	1.37%
ADC	C	1.33%
DCI	B	1.33%
AMH	D	1.31%
CHE	D	1.29%
RLI	A	1.28%
FLO	D	1.26%
NJR	C	1.22%
AM	A	1.2%
NWE	C	1.18%
NNN	C	1.16%
NFG	A	1.15%
FHI	A	1.14%
OHI	C	1.13%
POR	D	1.11%
AFG	A	1.08%
GNTX	D	1.06%
MMS	C	1.06%
GGG	C	1.04%
GLPI	C	1.04%
NYT	C	1.02%
MDU	C	0.97%
DLB	D	0.93%
EHC	C	0.91%
FCPT	C	0.9%
EPR	C	0.89%
BKH	C	0.89%
MSA	F	0.87%
KBR	A	0.85%
ELS	D	0.83%
EFC	D	0.83%
LSTR	F	0.78%
ESNT	A	0.78%
AVA	D	0.77%
ENSG	D	0.77%
PECO	C	0.72%
PRI	A	0.71%
AWR	B	0.71%
CBSH	D	0.71%
OGS	C	0.71%
RNR	A	0.7%
EGP	D	0.7%
EPRT	C	0.68%
PBH	D	0.68%
LOPE	D	0.67%
SLGN	B	0.66%
CPK	C	0.65%
RGA	B	0.65%
RPM	A	0.63%
CW	A	0.63%
NMIH	B	0.61%
AMG	B	0.61%
AGO	B	0.6%
SF	A	0.6%
FCN	C	0.59%
IDCC	A	0.59%
PRGS	A	0.59%
SCI	D	0.58%
JHG	A	0.58%
FELE	C	0.57%
SBRA	C	0.57%
MTG	A	0.57%
ACM	A	0.56%
COLM	B	0.56%
BCPC	C	0.54%
CWT	D	0.54%
ARW	C	0.54%
AVT	B	0.52%
FNF	C	0.52%
EPC	F	0.52%
CHH	A	0.52%
GATX	F	0.51%
FR	D	0.48%
FLS	A	0.47%
LANC	F	0.47%
MSM	D	0.47%
LAMR	C	0.46%
MUSA	D	0.46%
BRX	C	0.46%
RYN	C	0.45%
CHDN	C	0.44%
PFGC	A	0.43%
BWXT	A	0.42%
BLKB	C	0.42%
FAF	C	0.41%
SAIC	A	0.41%
RDN	D	0.41%
PB	D	0.4%
JEF	A	0.39%
CLH	B	0.39%
ENR	B	0.39%
CNO	B	0.39%
MAN	D	0.38%
ITT	C	0.38%
LXP	D	0.38%
GPK	D	0.38%
ABM	D	0.35%
IOSP	F	0.35%
BJ	B	0.35%
CSL	A	0.34%
AGCO	D	0.33%
FNB	D	0.33%
JJSF	C	0.33%
COOP	B	0.33%
LECO	D	0.33%
MTN	D	0.31%
G	A	0.31%
JAZZ	F	0.31%
EXEL	B	0.3%
KEX	C	0.3%
EVR	C	0.3%
MIDD	D	0.29%
CRI	D	0.28%
HRB	C	0.28%
ALV	F	0.28%
ONB	D	0.28%
KFY	C	0.28%
CUBE	C	0.27%
LFUS	C	0.27%
EVTC	D	0.27%
R	C	0.27%
LII	C	0.26%
ORA	C	0.26%
OSK	F	0.26%
AIN	F	0.26%
FSS	D	0.25%
PLXS	A	0.24%
REXR	D	0.24%
CASY	D	0.24%
IRT	D	0.23%
PCH	C	0.21%
NSA	D	0.15%

HSMV Underweight 31 Positions Relative to IYM

Symbol	Grade	Weight
LIN	C	-21.44%
FCX	B	-8.35%
APD	C	-7.58%
ECL	C	-7.22%
NEM	C	-4.42%
FAST	C	-3.56%
NUE	D	-3.49%
IFF	D	-3.01%
LYB	B	-2.96%
STLD	C	-2.93%
AVY	D	-2.67%
IP	C	-2.66%
CF	A	-2.44%
CE	D	-2.38%
EMN	C	-2.05%
ALB	D	-1.76%
AA	B	-1.54%
MOS	F	-1.35%
RBC	C	-1.33%
FMC	C	-1.29%
X	F	-1.24%
ESI	C	-0.94%
CLF	D	-0.92%
OLN	D	-0.9%
TKR	B	-0.86%
WLK	C	-0.79%
HUN	B	-0.63%
NEU	F	-0.58%
SMG	C	-0.57%
CC	D	-0.48%
MP	C	-0.38%