HUSV vs. FLLV ETF Comparison

Comparison of First Trust Horizon Managed Volatility Domestic ETF (HUSV) to Franklin Liberty U.S. Low Volatility ETF (FLLV)

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

$35.67

Average Daily Volume

5,116

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FLLV

Franklin Liberty U.S. Low Volatility ETF

FLLV Description

The fund seeks capital appreciation with an emphasis on lower volatility than the broader equity market, as measured by the Russell 1000 Index. The fund applies a fundamentally driven %u201Cbottom-up%u201D research process to identify stocks that exhibit strong fundamental characteristics and screens for stocks with the lowest realized volatility scores, based on our proprietary quantitative model, relative to their corresponding sectors. Risk considerations are incorporated into the final stock selection process.

Grade (RS Rating)

Last Trade

$52.75

Average Daily Volume

9,344

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HUSV	FLLV
30 Days	0.93%	1.14%
60 Days	3.97%	-3.49%
90 Days	0.71%	-1.22%
12 Months	11.41%	15.47%

34 Overlapping Holdings

Symbol	Grade	Weight in HUSV	Weight in FLLV	Overlap
AAPL	B	2.4%	1.52%	1.52%
ABBV	B	1.16%	1.19%	1.16%
ABT	C	0.88%	1.06%	0.88%
AME	D	1.15%	1.06%	1.06%
APH	B	2.49%	2.1%	2.1%
CL	A	1.86%	1.13%	1.13%
CSCO	F	1.88%	1.41%	1.41%
DUK	B	1.26%	0.77%	0.77%
ECL	A	0.67%	1.01%	0.67%
GD	A	1.01%	1.16%	1.01%
HD	B	0.63%	1.1%	0.63%
HON	A	1.38%	1.03%	1.03%
IBM	C	1.62%	1.63%	1.62%
ICE	A	0.86%	1.15%	0.86%
ITW	D	1.11%	0.93%	0.93%
JNJ	D	2.17%	1.01%	1.01%
JPM	B	1.17%	1.25%	1.17%
KO	B	2.41%	1.01%	1.01%
LIN	B	0.94%	0.87%	0.87%
LMT	A	0.99%	1.05%	0.99%
MA	C	1.03%	1.12%	1.03%
MCD	D	1.98%	1.02%	1.02%
MDLZ	D	0.82%	0.89%	0.82%
MRK	A	1.13%	1.32%	1.13%
PEP	D	1.3%	0.93%	0.93%
PG	A	1.99%	1.07%	1.07%
PM	B	1.21%	1.02%	1.02%
ROP	A	2.38%	1.59%	1.59%
ROST	B	0.73%	1.24%	0.73%
RSG	B	2.53%	1.16%	1.16%
SO	B	1.16%	0.81%	0.81%
V	B	2.09%	1.12%	1.12%
VRSK	A	1.22%	1.13%	1.13%
WMB	A	0.81%	1.11%	0.81%

HUSV Overweight 38 Positions Relative to FLLV

Symbol	Grade	Weight
BRK.A	B	2.52%
TJX	A	2.48%
MSI	A	2.14%
WM	C	2.06%
TMUS	B	2.05%
MMC	A	2.03%
VRSN	C	1.97%
L	C	1.82%
YUM	D	1.79%
FFIV	D	1.68%
WMT	A	1.59%
KMB	A	1.43%
AKAM	F	1.35%
CB	B	1.27%
KMI	A	1.23%
CME	D	1.15%
ATO	B	1.13%
OTIS	B	1.12%
CSX	D	1.12%
CTAS	A	1.05%
DGX	B	1.04%
MO	A	1.03%
ELV	B	0.98%
DRI	C	0.92%
BR	B	0.91%
GL	C	0.91%
COST	A	0.89%
EA	B	0.88%
ED	D	0.86%
STZ	B	0.84%
ORLY	C	0.79%
HOLX	D	0.74%
HLT	A	0.65%
O	D	0.64%
LYB	D	0.63%
PPG	D	0.61%
VICI	D	0.53%
SYY	D	0.52%

HUSV Underweight 47 Positions Relative to FLLV

Symbol	Grade	Weight
ADI	B	-1.84%
TXN	B	-1.82%
ORCL	A	-1.81%
MSFT	A	-1.78%
VNT	C	-1.71%
ANSS	C	-1.68%
GOOGL	B	-1.65%
SNPS	B	-1.6%
PTC	C	-1.58%
TSCO	B	-1.48%
PGR	C	-1.42%
NYT	B	-1.42%
AMZN	B	-1.42%
INTU	C	-1.41%
VZ	B	-1.39%
KEYS	D	-1.33%
ACN	C	-1.32%
NVR	D	-1.27%
AZO	C	-1.23%
AJG	A	-1.21%
DTM	A	-1.2%
ADBE	C	-1.18%
AMGN	B	-1.17%
NDAQ	C	-1.13%
LOW	C	-1.13%
CMCSA	F	-1.12%
MET	C	-1.12%
MS	B	-1.11%
MDT	D	-1.08%
BDX	C	-1.07%
PFE	C	-1.07%
SPGI	B	-1.04%
XOM	C	-1.03%
UNH	D	-1.01%
BLK	B	-1.01%
FAST	C	-0.98%
CVX	C	-0.97%
SBUX	D	-0.97%
IEX	D	-0.95%
NEE	C	-0.91%
MAA	B	-0.91%
BMY	F	-0.87%
APD	C	-0.86%
CVS	D	-0.85%
LBRDK	F	-0.84%
PSA	B	-0.83%
FR	D	-0.78%