HUSV vs. ACWV ETF Comparison

Comparison of First Trust Horizon Managed Volatility Domestic ETF (HUSV) to iShares MSCI All Country World Minimum Volatility Index Fund (ACWV)

HUSV

First Trust Horizon Managed Volatility Domestic ETF

HUSV Description

The First Trust Horizon Managed Volatility Domestic ETF is an actively managed exchange-traded fund. The Fund's investment objective is to provide capital appreciation. Under normal market conditions, the Fund will seek to achieve its investment objective by investing at least 80% of its net assets (including investment borrowings) in common stocks of domestic companies listed and traded on U.S. national securities exchanges that Horizon Investments, LLC believes exhibit low future expected volatility.

Grade (RS Rating)

Last Trade

$39.34

Average Daily Volume

4,973

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ACWV

iShares MSCI All Country World Minimum Volatility Index Fund

ACWV Description

The investment seeks to track the investment results of an index composed of developed and emerging market equities that, in the aggregate, have lower volatility characteristics relative to the broader developed and emerging equity markets. The fund generally invests at least 90% of its assets in securities of the underlying index or in depositary receipts representing securities in the underlying index. It seeks to track the underlying index, which has been developed by MSCI Inc. ("MSCI") to measure the combined performance of equity securities in both emerging and developed markets that in aggregate have lower volatility. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$113.81

Average Daily Volume

116,808

Number of Holdings ^*

139

* may have additional holdings in another (foreign) market

Performance

Period	HUSV	ACWV
30 Days	1.70%	0.32%
60 Days	3.21%	-0.25%
90 Days	4.88%	1.23%
12 Months	21.41%	18.77%

43 Overlapping Holdings

Symbol	Grade	Weight in HUSV	Weight in ACWV	Overlap
ABBV	D	0.48%	0.49%	0.48%
ABT	B	0.89%	0.1%	0.1%
AZO	C	0.5%	0.77%	0.5%
BDX	F	0.66%	0.22%	0.22%
BRK.A	B	2.53%	0.91%	0.91%
CL	D	2.17%	0.35%	0.35%
CME	A	1.2%	0.23%	0.23%
CMS	C	1.14%	0.16%	0.16%
COR	B	1.1%	1.05%	1.05%
CSCO	B	2.22%	1.57%	1.57%
CTSH	B	2.07%	0.21%	0.21%
DUK	C	1.29%	0.81%	0.81%
EA	A	1.0%	0.63%	0.63%
ED	D	0.86%	0.84%	0.84%
FI	A	1.36%	0.48%	0.48%
GD	F	0.95%	0.18%	0.18%
HOLX	D	0.77%	0.05%	0.05%
IBM	C	1.67%	0.73%	0.73%
JNJ	D	1.37%	1.05%	1.05%
KDP	D	1.37%	0.36%	0.36%
KO	D	2.22%	0.05%	0.05%
L	A	1.83%	0.4%	0.4%
LMT	D	1.87%	0.23%	0.23%
MA	C	1.33%	0.19%	0.19%
MCD	D	1.36%	1.02%	1.02%
MMC	B	2.33%	0.88%	0.88%
MSFT	F	2.08%	0.76%	0.76%
MSI	B	2.45%	1.88%	1.88%
NOC	D	0.71%	0.77%	0.71%
ORLY	B	0.83%	0.62%	0.62%
PEP	F	1.24%	1.08%	1.08%
PG	A	1.81%	0.82%	0.82%
PTC	A	2.41%	0.22%	0.22%
ROP	B	2.22%	1.36%	1.36%
RSG	A	2.48%	1.19%	1.19%
TDY	B	1.81%	0.11%	0.11%
TJX	A	1.05%	0.37%	0.37%
TMUS	B	1.5%	2.03%	1.5%
V	A	1.3%	0.59%	0.59%
VRSN	F	1.9%	0.35%	0.35%
WM	A	0.86%	1.5%	0.86%
WTW	B	1.02%	0.1%	0.1%
YUM	B	1.21%	0.24%	0.24%

HUSV Overweight 31 Positions Relative to ACWV

Symbol	Grade	Weight
LIN	D	2.02%
ITW	B	1.85%
FE	C	1.79%
ATO	A	1.79%
ICE	C	1.76%
KMI	A	1.54%
NI	A	1.5%
PM	B	1.43%
PPL	B	1.43%
EVRG	A	1.36%
HON	B	1.34%
ADP	B	1.33%
MO	A	1.2%
CTAS	B	1.12%
AVY	D	1.09%
WMB	A	1.01%
SPGI	C	0.92%
RTX	C	0.91%
OKE	A	0.86%
EQR	B	0.83%
AVB	B	0.81%
BSX	B	0.8%
UNP	C	0.78%
WELL	A	0.73%
HLT	A	0.66%
MDT	D	0.65%
O	D	0.63%
ECL	D	0.61%
SYK	C	0.61%
LYB	F	0.51%
HD	A	0.38%

HUSV Underweight 96 Positions Relative to ACWV

Symbol	Grade	Weight
WMT	A	-1.82%
MCK	B	-1.42%
VRTX	F	-1.13%
MRK	F	-1.06%
CB	C	-0.88%
PGR	A	-0.84%
UNH	C	-0.83%
KR	B	-0.83%
SO	D	-0.8%
VZ	C	-0.76%
WEC	A	-0.68%
GDDY	A	-0.64%
REGN	F	-0.61%
GIS	D	-0.61%
K	A	-0.57%
ACGL	D	-0.57%
CBOE	B	-0.54%
APH	A	-0.54%
ORCL	B	-0.54%
LLY	F	-0.52%
GILD	C	-0.48%
CHD	B	-0.46%
HSY	F	-0.44%
MKL	A	-0.43%
ELV	F	-0.42%
WRB	A	-0.41%
KEYS	A	-0.41%
UTHR	C	-0.4%
WCN	A	-0.39%
INCY	C	-0.38%
CHT	D	-0.37%
BAH	F	-0.37%
FFIV	B	-0.36%
AON	A	-0.35%
AMGN	D	-0.34%
KHC	F	-0.33%
AJG	B	-0.33%
TRV	B	-0.32%
TSN	B	-0.32%
JNPR	F	-0.32%
NBIX	C	-0.31%
HUM	C	-0.31%
BRO	B	-0.3%
GEN	B	-0.3%
KMB	D	-0.3%
AKAM	D	-0.27%
SJM	D	-0.27%
T	A	-0.26%
ACN	C	-0.26%
ERIE	D	-0.26%
MDLZ	F	-0.25%
BMY	B	-0.25%
CF	B	-0.25%
CI	F	-0.24%
FCNCA	A	-0.23%
HRL	D	-0.23%
FWONK	B	-0.22%
CPB	D	-0.22%
ROL	B	-0.21%
MFG	B	-0.21%
JKHY	D	-0.2%
BMRN	D	-0.19%
DPZ	C	-0.19%
CAH	B	-0.18%
LNG	B	-0.16%
ULTA	F	-0.16%
MPC	D	-0.15%
DGX	A	-0.15%
AIZ	A	-0.13%
WIT	A	-0.12%
CTVA	C	-0.12%
MOH	F	-0.12%
FICO	B	-0.12%
MNST	C	-0.12%
AZPN	A	-0.11%
AEE	A	-0.11%
XEL	A	-0.11%
EG	C	-0.1%
XOM	B	-0.1%
WDAY	B	-0.1%
PCG	A	-0.1%
TPL	A	-0.1%
NEM	D	-0.09%
TRGP	B	-0.08%
AEP	D	-0.07%
IT	C	-0.07%
KNX	B	-0.06%
ANET	C	-0.06%
DINO	D	-0.06%
FANG	D	-0.06%
CHRW	C	-0.06%
CAG	D	-0.05%
GPC	D	-0.05%
ACI	C	-0.05%
HSIC	B	-0.05%
HKD	F	-0.0%