HSMV vs. XSLV ETF Comparison

Comparison of First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) to PowerShares S&P SmallCap Low Volatility Portfolio (XSLV)

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

$36.33

Average Daily Volume

1,286

Number of Holdings ^*

147

* may have additional holdings in another (foreign) market

XSLV

PowerShares S&P SmallCap Low Volatility Portfolio

XSLV Description

The PowerShares S&P SmallCap Low Volatility Portfolio (Fund) is based on the S&P SmallCap 600 Low Volatility Index (Index). The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's, consisting of 120 out of 600 small-capitalization range securities from the S&P SmallCap 600 Index with the lowest realized volatility over the past 12 months. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations over time. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$46.98

Average Daily Volume

26,761

Number of Holdings ^*

118

* may have additional holdings in another (foreign) market

Performance

Period	HSMV	XSLV
30 Days	-0.34%	-1.51%
60 Days	0.13%	-2.13%
90 Days	3.91%	1.72%
12 Months	26.78%	24.69%

28 Overlapping Holdings

Symbol	Grade	Weight in HSMV	Weight in XSLV	Overlap
AGO	B	0.62%	0.95%	0.62%
AIN	F	0.22%	0.59%	0.22%
AVA	D	0.76%	0.85%	0.76%
AWR	C	0.72%	0.96%	0.72%
BCPC	D	0.53%	0.87%	0.53%
COOP	D	0.32%	0.86%	0.32%
CPK	C	0.64%	0.85%	0.64%
CTRE	A	1.62%	1.18%	1.18%
CWT	D	0.53%	0.82%	0.53%
EFC	D	0.8%	0.9%	0.8%
EPC	F	0.5%	0.79%	0.5%
EPRT	C	0.65%	1.12%	0.65%
EVTC	D	0.27%	0.72%	0.27%
FCPT	D	0.87%	1.04%	0.87%
FELE	D	0.55%	0.99%	0.55%
FSS	F	0.23%	0.67%	0.23%
IDCC	A	0.63%	0.86%	0.63%
IOSP	F	0.34%	0.9%	0.34%
JJSF	D	0.32%	0.73%	0.32%
KFY	C	0.27%	0.81%	0.27%
LXP	D	0.36%	0.84%	0.36%
MSGS	A	1.45%	1.02%	1.02%
NMIH	D	0.58%	0.95%	0.58%
PBH	A	0.7%	0.92%	0.7%
PECO	B	0.7%	1.03%	0.7%
PLXS	A	0.25%	0.87%	0.25%
PRGS	B	0.59%	0.97%	0.59%
RDN	C	0.4%	0.86%	0.4%

HSMV Overweight 119 Positions Relative to XSLV

Symbol	Grade	Weight
ATR	A	2.18%
DTM	A	1.82%
SEIC	A	1.81%
INGR	C	1.65%
ORI	C	1.65%
POST	D	1.64%
CACI	A	1.62%
OGE	C	1.53%
IDA	A	1.48%
DCI	B	1.35%
ADC	C	1.34%
CHE	F	1.3%
AMH	F	1.3%
RLI	B	1.29%
FLO	F	1.22%
NFG	B	1.21%
NJR	C	1.21%
AM	C	1.2%
FHI	A	1.19%
OHI	A	1.17%
NWE	D	1.14%
NNN	D	1.13%
POR	C	1.13%
GNTX	C	1.07%
NYT	A	1.03%
AFG	D	1.03%
GLPI	D	1.02%
MDU	B	1.02%
MMS	D	1.01%
GGG	F	0.99%
DLB	C	0.9%
BKH	C	0.88%
KBR	B	0.88%
EHC	A	0.87%
EPR	D	0.85%
MSA	F	0.81%
ELS	C	0.81%
ENSG	A	0.8%
LSTR	D	0.76%
ESNT	D	0.75%
CBSH	A	0.73%
PRI	B	0.73%
OGS	C	0.71%
CDP	B	0.7%
RNR	C	0.7%
AMG	A	0.67%
SF	A	0.67%
CW	B	0.67%
EGP	D	0.66%
RPM	B	0.65%
SLGN	A	0.65%
RGA	D	0.63%
LOPE	D	0.62%
JHG	A	0.6%
SBRA	A	0.59%
SCI	A	0.56%
CHH	A	0.56%
MTG	C	0.56%
ACM	A	0.56%
ARW	D	0.53%
COLM	C	0.52%
FNF	B	0.52%
GATX	A	0.52%
AVT	B	0.51%
FCN	F	0.51%
RS	C	0.5%
BWXT	B	0.48%
FR	D	0.47%
FLS	B	0.47%
LANC	D	0.46%
LAMR	B	0.46%
BRX	C	0.46%
CHDN	A	0.46%
RYN	C	0.45%
PFGC	B	0.45%
MSM	F	0.43%
SAIC	B	0.43%
BLKB	D	0.43%
MUSA	C	0.43%
ENR	B	0.42%
PB	A	0.41%
CLH	C	0.41%
JEF	B	0.41%
FAF	D	0.4%
ASH	F	0.4%
GPK	C	0.39%
CNO	C	0.39%
ITT	C	0.37%
RGLD	B	0.36%
BJ	B	0.36%
ABM	B	0.35%
AGCO	C	0.34%
MAN	F	0.33%
LECO	C	0.33%
FNB	A	0.33%
EXEL	A	0.32%
CSL	C	0.32%
EVR	B	0.31%
G	D	0.31%
KEX	C	0.31%
JAZZ	D	0.31%
MIDD	D	0.29%
ALV	F	0.29%
MTN	F	0.28%
OSK	D	0.28%
ONB	A	0.28%
ORA	B	0.27%
LFUS	D	0.26%
LII	B	0.26%
HRB	D	0.26%
R	A	0.26%
CUBE	D	0.25%
CASY	A	0.25%
CRI	F	0.24%
HXL	F	0.24%
IRT	D	0.22%
REXR	F	0.21%
PCH	F	0.2%
NSA	D	0.13%

HSMV Underweight 90 Positions Relative to XSLV

Symbol	Grade	Weight
EIG	A	-1.11%
AMSF	A	-1.09%
LTC	A	-1.08%
GTY	C	-1.05%
SKT	B	-1.01%
INVA	B	-1.01%
RHI	B	-1.0%
SHO	D	-0.99%
MCRI	A	-0.98%
HMN	A	-0.96%
SAFT	D	-0.94%
APLE	B	-0.93%
NPK	F	-0.92%
PJT	B	-0.92%
NSIT	F	-0.92%
BRC	D	-0.91%
CHCO	B	-0.91%
AKR	A	-0.91%
TR	F	-0.91%
UE	A	-0.91%
CASH	B	-0.9%
APOG	B	-0.9%
MLI	A	-0.9%
PSMT	D	-0.9%
AWI	A	-0.9%
PIPR	B	-0.89%
BFS	D	-0.89%
ESE	B	-0.89%
WSR	B	-0.88%
DRH	D	-0.86%
ALEX	C	-0.86%
CPF	C	-0.85%
FUL	F	-0.85%
BSIG	A	-0.85%
UTL	D	-0.84%
MGY	C	-0.83%
SXT	C	-0.83%
NBHC	A	-0.83%
SHOO	D	-0.83%
SJW	F	-0.83%
NWN	C	-0.83%
MTX	C	-0.83%
ACA	B	-0.83%
SNEX	A	-0.82%
FBRT	B	-0.82%
PINC	A	-0.82%
EPAC	A	-0.81%
GTES	A	-0.81%
WERN	D	-0.81%
SPTN	D	-0.8%
WABC	B	-0.8%
GNW	C	-0.79%
VRE	D	-0.79%
HUBG	D	-0.79%
AL	C	-0.79%
MOG.A	D	-0.79%
NAVI	F	-0.79%
ELME	D	-0.78%
NWBI	D	-0.78%
MMSI	B	-0.78%
FHB	A	-0.77%
CNXN	F	-0.77%
WT	B	-0.77%
AHH	D	-0.76%
HSTM	A	-0.76%
DFIN	F	-0.76%
KMT	D	-0.76%
HTH	F	-0.76%
KELYA	D	-0.75%
ADUS	D	-0.75%
UNF	D	-0.75%
VRRM	D	-0.75%
TNC	F	-0.75%
FBP	D	-0.74%
SNDR	A	-0.74%
JBSS	F	-0.74%
FDP	A	-0.74%
NHC	D	-0.73%
RGR	F	-0.73%
CSR	D	-0.73%
KAR	F	-0.72%
OFG	C	-0.72%
EZPW	B	-0.72%
SMPL	C	-0.72%
UHT	D	-0.71%
MRTN	F	-0.7%
NABL	F	-0.68%
SPNT	D	-0.68%
NVEE	D	-0.68%
USPH	F	-0.65%