HSMV vs. XSMO ETF Comparison

Comparison of First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) to Invesco S&P SmallCap Momentum ETF (XSMO)

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

$33.33

Average Daily Volume

1,027

Number of Holdings ^*

196

* may have additional holdings in another (foreign) market

XSMO

Invesco S&P SmallCap Momentum ETF

XSMO Description

The Invesco S&P SmallCap Momentum ETF (Fund) is based on the S&P Smallcap 600 Momentum Index (Index). The Fund will invest at least 90% of its total assets in the component securities that comprise the Index. The Index is composed of securities 120 securities in the S&P SmallCap 600® Index having the highest “momentum scores,” calculated pursuant to the index methodology. which are computed by measuring the upward price movements of each security as compared to other eligible stocks within the S&P Midcap 600 Index. The Fund and the Index are rebalanced and reconstituted semi-annually.

Grade (RS Rating)

Last Trade

$59.51

Average Daily Volume

205,149

Number of Holdings ^*

111

* may have additional holdings in another (foreign) market

Performance

Period	HSMV	XSMO
30 Days	-0.93%	-3.00%
60 Days	1.63%	1.72%
90 Days	-1.31%	-0.48%
12 Months	10.37%	28.77%

13 Overlapping Holdings

Symbol	Grade	Weight in HSMV	Weight in XSMO	Overlap
AGO	C	0.5%	1.22%	0.5%
AIR	C	0.38%	0.47%	0.38%
COOP	C	0.52%	1.79%	0.52%
ENSG	B	0.52%	1.7%	0.52%
FSS	D	0.51%	1.76%	0.51%
IDCC	B	0.67%	1.17%	0.67%
INVA	B	0.53%	0.24%	0.24%
MOG.A	C	0.46%	1.57%	0.46%
NMIH	B	0.53%	0.84%	0.53%
NSIT	B	0.56%	2.57%	0.56%
RDN	B	0.51%	1.52%	0.51%
TNC	D	0.47%	0.52%	0.47%
VRRM	B	0.55%	1.97%	0.55%

HSMV Overweight 183 Positions Relative to XSMO

Symbol	Grade	Weight
CUBE	B	0.7%
LXP	B	0.68%
BJ	A	0.67%
GMED	A	0.66%
UTHR	A	0.65%
LFUS	C	0.63%
EVR	B	0.62%
EME	B	0.61%
CSL	B	0.61%
CPK	D	0.61%
JJSF	B	0.61%
SWX	C	0.6%
CVLT	A	0.6%
NBIX	C	0.59%
CLH	A	0.59%
CASY	B	0.59%
NYT	B	0.58%
SNX	C	0.57%
HRB	A	0.57%
MUSA	A	0.57%
LANC	D	0.57%
PLXS	C	0.57%
BCPC	B	0.56%
NVT	C	0.56%
LII	B	0.56%
KEX	B	0.55%
TTEK	B	0.55%
KFY	B	0.55%
DTM	A	0.55%
CW	B	0.55%
PRI	B	0.55%
RGA	B	0.55%
MTN	F	0.55%
EXP	D	0.55%
FAF	D	0.55%
JHG	B	0.54%
AIN	D	0.54%
OHI	A	0.54%
JEF	B	0.54%
TXRH	A	0.54%
CACI	A	0.54%
ADC	B	0.54%
WU	D	0.54%
MMS	B	0.54%
ESNT	B	0.53%
NNN	B	0.53%
COLM	C	0.53%
VOYA	B	0.53%
AVT	B	0.53%
EFC	B	0.53%
EGP	C	0.53%
EPC	B	0.53%
ALE	B	0.53%
GATX	C	0.53%
BRX	B	0.52%
LSTR	B	0.52%
OGE	C	0.52%
EHC	B	0.52%
SBRA	A	0.52%
SFM	A	0.52%
LOPE	D	0.52%
WERN	F	0.52%
AM	A	0.52%
FCPT	B	0.52%
MAT	F	0.52%
ASH	C	0.52%
USFD	A	0.52%
FR	C	0.52%
ACHC	D	0.52%
GLPI	C	0.52%
STAG	C	0.52%
ELS	C	0.52%
EPRT	B	0.52%
RPM	C	0.52%
AMH	B	0.51%
ATR	C	0.51%
AWR	D	0.51%
RYN	C	0.51%
CNO	C	0.51%
AGCO	F	0.51%
SF	B	0.51%
MDU	A	0.51%
IOSP	D	0.51%
INGR	D	0.51%
NFG	C	0.51%
WTRG	C	0.51%
CTRE	C	0.51%
ORI	C	0.51%
FLS	C	0.51%
MTG	B	0.51%
MSA	C	0.5%
PCH	F	0.5%
CHH	B	0.5%
PECO	C	0.5%
AFG	D	0.5%
VVV	B	0.5%
EPR	C	0.5%
SCI	B	0.5%
PFGC	C	0.5%
DLB	F	0.5%
MCRI	C	0.5%
ITT	D	0.5%
WPC	D	0.5%
SEIC	C	0.5%
GPK	C	0.5%
SON	D	0.5%
RLI	D	0.5%
G	D	0.5%
CWT	D	0.5%
DCI	D	0.5%
BKH	C	0.49%
IDA	D	0.49%
MSGS	C	0.49%
RS	D	0.49%
AMG	C	0.49%
REXR	C	0.49%
NJR	C	0.49%
MIDD	D	0.49%
FNF	D	0.49%
PNM	D	0.49%
EXEL	B	0.49%
KBR	C	0.49%
PRGS	F	0.49%
FHI	C	0.49%
WH	C	0.49%
GGG	D	0.49%
ARW	C	0.49%
NWE	D	0.49%
GNTX	D	0.49%
POR	C	0.49%
MAN	D	0.48%
FELE	D	0.48%
ACM	C	0.48%
CHE	D	0.48%
SR	C	0.48%
AVA	D	0.48%
VNT	D	0.48%
BWXT	B	0.48%
POST	C	0.48%
HXL	D	0.47%
ROIC	D	0.47%
SLGN	D	0.47%
KNX	C	0.47%
THG	D	0.47%
CHDN	A	0.47%
WTS	D	0.47%
OGS	D	0.47%
RNR	B	0.47%
UNF	F	0.47%
CRI	F	0.46%
FLO	C	0.46%
OSK	D	0.46%
SIGI	F	0.46%
CBSH	C	0.46%
PBH	C	0.46%
SAIC	D	0.45%
FNB	C	0.45%
ALV	D	0.45%
LAMR	B	0.45%
JAZZ	F	0.44%
R	B	0.43%
CRUS	A	0.43%
MSM	D	0.43%
EVTC	D	0.42%
WEN	F	0.42%
LECO	F	0.42%
ENR	C	0.41%
NSA	B	0.4%
RGLD	C	0.4%
ENOV	F	0.38%
ORA	C	0.35%
IRT	A	0.35%
ABM	B	0.35%
PB	D	0.35%
GO	D	0.33%
EXPO	B	0.32%
ONB	C	0.3%
PDCO	D	0.3%
FCN	C	0.3%
BLKB	D	0.3%
CCOI	F	0.25%
PZZA	F	0.24%
LEG	F	0.19%

HSMV Underweight 98 Positions Relative to XSMO

Symbol	Grade	Weight
ANF	C	-4.42%
FN	B	-2.63%
BCC	D	-2.37%
MLI	C	-2.05%
IBP	D	-1.98%
GKOS	B	-1.93%
MTH	D	-1.93%
SPSC	B	-1.78%
AMR	F	-1.67%
MATX	A	-1.65%
MHO	C	-1.59%
SKYW	B	-1.58%
AVAV	C	-1.41%
RDNT	C	-1.38%
AWI	D	-1.37%
ITGR	D	-1.34%
BMI	C	-1.3%
HCC	D	-1.23%
TPH	D	-1.21%
WIRE	B	-1.15%
FORM	B	-1.1%
OTTR	D	-1.09%
AROC	C	-1.08%
GMS	D	-1.07%
ACA	C	-1.04%
CRS	B	-1.03%
SKT	D	-1.02%
VECO	B	-0.97%
WDFC	D	-0.96%
CEIX	B	-0.83%
GFF	D	-0.82%
GPI	C	-0.82%
LRN	B	-0.79%
PIPR	A	-0.75%
SHAK	D	-0.75%
DV	D	-0.74%
POWL	C	-0.72%
AZZ	C	-0.72%
YELP	F	-0.71%
ROCK	D	-0.71%
MYRG	D	-0.69%
LPG	C	-0.69%
HWKN	A	-0.67%
LBRT	D	-0.67%
FBP	B	-0.67%
PATK	C	-0.66%
NPO	D	-0.66%
RUSHA	D	-0.64%
CCS	D	-0.64%
PLUS	D	-0.63%
URBN	B	-0.62%
NHC	A	-0.62%
CRVL	C	-0.62%
APAM	C	-0.61%
ARCB	F	-0.61%
GSHD	F	-0.6%
OSIS	D	-0.58%
VCEL	C	-0.57%
WOR	F	-0.56%
ATGE	B	-0.55%
PJT	B	-0.51%
HNI	C	-0.51%
ALG	F	-0.5%
AMPH	D	-0.5%
UFPT	B	-0.49%
SXI	D	-0.48%
CARG	B	-0.48%
RAMP	D	-0.48%
GRBK	B	-0.47%
PLAB	F	-0.46%
MTRN	D	-0.45%
OFG	C	-0.44%
ANDE	D	-0.44%
ARLO	C	-0.44%
STC	D	-0.44%
AMWD	F	-0.41%
GBX	D	-0.4%
EPAC	B	-0.39%
SPNT	D	-0.39%
IPAR	C	-0.37%
JOE	D	-0.36%
PRG	B	-0.36%
DFIN	C	-0.36%
GIII	D	-0.35%
TBBK	C	-0.35%
PARR	F	-0.34%
CUBI	C	-0.33%
CXW	D	-0.3%
KOP	F	-0.25%
JBSS	D	-0.23%
HCI	D	-0.22%
NABL	A	-0.21%
ANIP	C	-0.19%
CNXN	D	-0.19%
WSR	B	-0.16%
ZEUS	F	-0.13%
IIIN	D	-0.13%
WRLD	F	-0.09%