HSMV vs. RNSC ETF Comparison

Comparison of First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) to First Trust Small Cap US Equity Select ETF (RNSC)

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

RNSC

First Trust Small Cap US Equity Select ETF

RNSC Description

The Small Cap US Equity Select ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the Nasdaq Riskalyze Small Cap US Equity Select Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned and is developed, maintained and sponsored by Riskalyze, Inc. (the "Index Provider").

Grade (RS Rating)

Last Trade

$32.19

Average Daily Volume

3,054

Number of Holdings ^*

302

* may have additional holdings in another (foreign) market

Performance

Period	HSMV	RNSC
30 Days	4.88%	8.93%
60 Days	5.46%	6.65%
90 Days	6.96%	6.86%
12 Months	27.49%	24.26%

22 Overlapping Holdings

Symbol	Grade	Weight in HSMV	Weight in RNSC	Overlap
ABM	B	0.36%	0.28%	0.28%
AIN	C	0.24%	0.25%	0.24%
AVA	A	0.76%	0.19%	0.19%
AWR	B	0.72%	0.19%	0.19%
CDP	C	0.63%	0.17%	0.17%
CPK	A	0.67%	0.2%	0.2%
CRI	D	0.21%	0.26%	0.21%
CWT	D	0.51%	0.18%	0.18%
ENR	B	0.43%	0.2%	0.2%
EPC	D	0.49%	0.18%	0.18%
EPR	D	0.79%	0.16%	0.16%
EVTC	B	0.28%	0.28%	0.28%
FCPT	C	0.86%	0.17%	0.17%
FHI	A	1.26%	0.21%	0.21%
IDCC	A	0.77%	0.72%	0.72%
IOSP	B	0.35%	0.26%	0.26%
JJSF	B	0.31%	0.18%	0.18%
LXP	D	0.34%	0.16%	0.16%
NSA	D	0.13%	0.16%	0.13%
NWE	B	1.13%	0.18%	0.18%
PCH	D	0.19%	0.16%	0.16%
PRGS	A	0.58%	1.1%	0.58%

HSMV Overweight 125 Positions Relative to RNSC

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%
AMH	D	1.24%
NJR	A	1.24%
AM	A	1.21%
NFG	A	1.18%
FLO	D	1.17%
CHE	D	1.16%
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%
DLB	B	0.85%
CBSH	A	0.83%
ELS	C	0.81%
MSA	D	0.8%
PRI	A	0.78%
LSTR	D	0.76%
PBH	A	0.76%
EFC	C	0.76%
KBR	F	0.75%
PECO	A	0.74%
LOPE	B	0.74%
ENSG	D	0.73%
OGS	A	0.72%
SF	B	0.72%
RPM	A	0.68%
SLGN	A	0.68%
RNR	C	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%
AMG	B	0.63%
EGP	F	0.63%
SCI	B	0.62%
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%
RS	B	0.54%
BCPC	B	0.53%
FLS	B	0.52%
FNF	B	0.51%
AVT	C	0.49%
FCN	D	0.49%
BRX	A	0.48%
BWXT	B	0.48%
MUSA	A	0.47%
LANC	C	0.46%
JEF	A	0.46%
PFGC	B	0.45%
FR	C	0.45%
CHDN	B	0.45%
ARW	D	0.45%
PB	A	0.45%
CNO	A	0.44%
MSM	C	0.44%
LAMR	D	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%
BJ	A	0.36%
COOP	B	0.35%
G	B	0.35%
SAIC	F	0.35%
RGLD	C	0.34%
EVR	B	0.34%
LECO	B	0.34%
JAZZ	B	0.33%
CSL	C	0.33%
MAN	D	0.32%
KEX	C	0.31%
AGCO	D	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%
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%
IRT	A	0.23%
HXL	D	0.22%
REXR	F	0.2%

HSMV Underweight 280 Positions Relative to RNSC

Symbol	Grade	Weight
PINC	B	-3.03%
LMAT	A	-3.02%
USPH	B	-2.87%
NHC	C	-2.67%
CNMD	C	-2.66%
PDCO	D	-2.59%
CSGS	B	-1.24%
CTS	C	-1.24%
BHE	B	-1.18%
CNXN	C	-1.03%
SSTK	F	-0.93%
XRX	F	-0.9%
VSH	D	-0.9%
YOU	D	-0.87%
TDS	B	-0.75%
CABO	C	-0.63%
CCOI	B	-0.59%
IRDM	D	-0.52%
SHEN	F	-0.51%
USLM	A	-0.4%
WWW	B	-0.4%
PRDO	B	-0.39%
VAC	B	-0.39%
VSEC	C	-0.38%
PRIM	A	-0.37%
PHIN	A	-0.37%
NWL	B	-0.37%
CAKE	C	-0.37%
TNL	A	-0.37%
TGNA	B	-0.36%
GHC	C	-0.36%
OSW	A	-0.36%
SAH	A	-0.35%
GBX	A	-0.35%
BKE	B	-0.35%
POWL	C	-0.35%
MCRI	A	-0.34%
HNI	B	-0.33%
UPBD	B	-0.33%
KNTK	B	-0.33%
WEN	D	-0.33%
GVA	A	-0.33%
STRA	C	-0.33%
WINA	B	-0.33%
HI	C	-0.32%
APOG	B	-0.32%
LZB	B	-0.32%
JACK	D	-0.32%
DNUT	D	-0.32%
CRGY	B	-0.32%
HEES	B	-0.32%
BOWL	C	-0.32%
WS	B	-0.32%
WGO	C	-0.32%
JBT	B	-0.32%
MWA	B	-0.31%
EPAC	B	-0.31%
ESE	B	-0.31%
PSMT	C	-0.31%
ULH	B	-0.31%
WOR	F	-0.31%
MLKN	D	-0.31%
CRK	B	-0.31%
PRG	C	-0.31%
WTTR	B	-0.31%
B	B	-0.31%
SCS	C	-0.31%
RRR	D	-0.3%
KMT	B	-0.3%
AROC	B	-0.3%
HUBG	A	-0.3%
CEIX	A	-0.3%
SXI	B	-0.3%
LCII	C	-0.3%
NPO	A	-0.29%
PZZA	D	-0.29%
HLIO	B	-0.29%
REVG	B	-0.29%
GFF	A	-0.29%
CRAI	B	-0.29%
CAL	D	-0.29%
SNDR	B	-0.29%
GEF	A	-0.29%
PTVE	B	-0.29%
TRN	C	-0.29%
ALG	B	-0.29%
TGLS	B	-0.29%
NX	C	-0.29%
CMCO	B	-0.28%
PBI	B	-0.28%
LEG	F	-0.28%
WERN	C	-0.28%
FL	F	-0.28%
AZZ	B	-0.28%
KALU	C	-0.28%
SHOO	D	-0.28%
OXM	D	-0.28%
CCS	D	-0.27%
UNF	B	-0.27%
ARCB	C	-0.27%
CXT	B	-0.27%
LNN	B	-0.27%
MTRN	C	-0.26%
OEC	C	-0.26%
KFRC	D	-0.26%
GIC	D	-0.26%
GES	F	-0.26%
MRTN	C	-0.26%
MTX	B	-0.26%
CLB	B	-0.26%
KSS	F	-0.26%
VSTS	C	-0.25%
BLMN	F	-0.25%
HWKN	B	-0.25%
SCL	C	-0.25%
BRC	D	-0.25%
DK	C	-0.25%
BTU	B	-0.25%
PATK	D	-0.25%
KWR	C	-0.25%
SLVM	B	-0.25%
SCVL	F	-0.25%
CALM	A	-0.24%
CVBF	A	-0.24%
CC	C	-0.24%
LEVI	F	-0.24%
NSSC	D	-0.24%
AESI	B	-0.24%
DAN	D	-0.24%
SXT	B	-0.24%
TNC	D	-0.24%
INDB	B	-0.23%
BFH	B	-0.23%
BANR	B	-0.23%
BOH	B	-0.23%
RES	D	-0.23%
ASB	B	-0.23%
HY	D	-0.23%
NIC	B	-0.22%
BY	B	-0.22%
MGEE	C	-0.22%
BANF	B	-0.22%
BGC	C	-0.22%
FULT	A	-0.22%
PFBC	B	-0.22%
HMN	B	-0.22%
VCTR	B	-0.22%
WT	B	-0.22%
FHB	A	-0.22%
PEBO	A	-0.22%
FRME	B	-0.22%
FBK	B	-0.22%
CBU	B	-0.22%
PJT	A	-0.22%
GABC	B	-0.22%
MCY	A	-0.22%
ICFI	F	-0.22%
INSW	F	-0.22%
VIRT	B	-0.22%
SYBT	B	-0.22%
CDRE	D	-0.22%
TRMK	B	-0.22%
SASR	B	-0.22%
WSBC	A	-0.22%
CATY	B	-0.22%
CASH	A	-0.22%
WKC	D	-0.22%
QCRH	A	-0.22%
CHCO	B	-0.21%
PPBI	B	-0.21%
SBCF	A	-0.21%
AGM	C	-0.21%
NBTB	B	-0.21%
CVI	F	-0.21%
EIG	B	-0.21%
VBTX	B	-0.21%
TCBK	B	-0.21%
BHLB	B	-0.21%
LKFN	B	-0.21%
VRTS	B	-0.21%
SFNC	B	-0.21%
BKU	A	-0.21%
EBC	B	-0.21%
RNST	B	-0.21%
PRK	B	-0.21%
NBHC	B	-0.21%
WSFS	A	-0.21%
PFS	B	-0.21%
STEP	B	-0.21%
WABC	B	-0.21%
EFSC	B	-0.21%
FDP	B	-0.21%
FFBC	A	-0.21%
UVV	B	-0.2%
TR	B	-0.2%
TOWN	B	-0.2%
CNNE	B	-0.2%
HOPE	B	-0.2%
SRCE	B	-0.2%
WDFC	B	-0.2%
APAM	B	-0.2%
FCF	A	-0.2%
BANC	A	-0.2%
NWBI	B	-0.2%
FIBK	A	-0.2%
FBNC	A	-0.2%
HTH	B	-0.19%
ARI	C	-0.19%
MAC	B	-0.19%
AKR	B	-0.19%
KLG	C	-0.19%
LADR	B	-0.19%
STBA	B	-0.19%
IVT	B	-0.19%
UE	C	-0.19%
LOB	B	-0.19%
BUSE	B	-0.19%
MSEX	B	-0.19%
SKT	B	-0.19%
WMK	C	-0.19%
NWN	A	-0.19%
CODI	B	-0.19%
ROIC	A	-0.19%
WAFD	B	-0.19%
SAFT	C	-0.19%
XHR	B	-0.18%
IMKTA	C	-0.18%
ALEX	C	-0.18%
GTY	B	-0.18%
RC	D	-0.18%
NNI	D	-0.18%
PK	B	-0.18%
AAT	B	-0.18%
NAVI	C	-0.18%
SPB	C	-0.18%
BXMT	C	-0.18%
SJW	D	-0.18%
ABR	C	-0.18%
DRH	B	-0.18%
VRE	B	-0.18%
DEI	B	-0.18%
MMI	B	-0.18%
ANDE	D	-0.18%
NXRT	B	-0.18%
OFG	B	-0.18%
LTC	B	-0.18%
STC	B	-0.18%
APLE	B	-0.18%
FBP	B	-0.18%
RLJ	C	-0.18%
FBRT	C	-0.18%
NTST	D	-0.17%
PGRE	F	-0.17%
CWEN	C	-0.17%
ESRT	C	-0.17%
UMH	C	-0.17%
KW	B	-0.17%
SHO	C	-0.17%
PMT	D	-0.17%
NMRK	B	-0.17%
UTZ	D	-0.17%
OUT	A	-0.17%
EXPI	C	-0.16%
DBRG	F	-0.16%
ALX	D	-0.16%
BNL	D	-0.16%
ELME	D	-0.16%
NHI	D	-0.16%
SEB	F	-0.16%
PEB	D	-0.16%
CMTG	F	-0.16%
HIW	D	-0.16%
MBIN	D	-0.16%
JBGS	D	-0.15%
JOE	F	-0.15%
GNL	F	-0.15%
DEA	D	-0.15%
IIPR	D	-0.14%
MPW	F	-0.13%
MGPI	F	-0.11%