HUSV vs. IAK ETF Comparison

Comparison of First Trust Horizon Managed Volatility Domestic ETF (HUSV) to iShares U.S. Insurance ETF (IAK)

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

$34.31

Average Daily Volume

6,640

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IAK

iShares U.S. Insurance ETF

IAK Description

The investment seeks to track the investment results of an index composed of U.S. equities in the insurance sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Select Insurance Index (the "underlying index"), which measures the performance of the insurance sector of the U.S. equity market. The underlying index may include large-, mid- or small-capitalization companies, and components primarily include financial and insurance companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$112.84

Average Daily Volume

82,869

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HUSV	IAK
30 Days	-3.50%	-3.43%
60 Days	-1.89%	2.30%
90 Days	-0.13%	7.42%
12 Months	5.63%	32.30%

3 Overlapping Holdings

Symbol	Grade	Weight in HUSV	Weight in IAK	Overlap
CB	B	1.22%	12.57%	1.22%
GL	D	0.77%	0.76%	0.76%
L	A	1.88%	1.81%	1.81%

HUSV Overweight 70 Positions Relative to IAK

Symbol	Grade	Weight
RSG	B	2.65%
BRK.A	C	2.57%
ROP	D	2.38%
KO	A	2.33%
JNJ	D	2.25%
MCD	D	2.19%
TJX	C	2.19%
WM	B	2.17%
V	C	2.16%
APH	A	2.08%
VRSN	F	2.08%
CSCO	D	2.06%
MMC	C	2.02%
MSI	B	2.0%
TMUS	A	1.95%
AAPL	F	1.94%
PG	A	1.94%
FFIV	D	1.86%
YUM	B	1.85%
IBM	D	1.8%
CL	A	1.76%
AKAM	F	1.59%
WMT	C	1.47%
PEP	A	1.42%
KMB	A	1.34%
HON	C	1.31%
CME	C	1.28%
DUK	A	1.24%
CSX	D	1.23%
AME	C	1.21%
ITW	D	1.19%
ABBV	D	1.19%
KMI	A	1.17%
ATO	A	1.15%
OTIS	D	1.14%
MRK	A	1.14%
JPM	A	1.13%
PM	A	1.12%
LH	F	1.12%
MA	D	1.09%
VRSK	C	1.08%
SO	A	1.08%
CTAS	A	1.04%
GD	A	1.02%
LMT	A	1.02%
DRI	D	0.99%
LIN	C	0.99%
ELV	A	0.99%
DGX	A	0.98%
MO	A	0.96%
BR	C	0.93%
ABT	D	0.93%
ORLY	D	0.91%
ED	A	0.9%
STZ	C	0.88%
ICE	C	0.86%
MDLZ	A	0.86%
EA	D	0.84%
HOLX	A	0.8%
COST	C	0.77%
WMB	A	0.76%
ROST	D	0.68%
LYB	C	0.67%
O	A	0.65%
PPG	D	0.65%
HLT	C	0.64%
ECL	B	0.63%
HD	D	0.62%
SYY	D	0.57%
VICI	C	0.53%

HUSV Underweight 52 Positions Relative to IAK

Symbol	Grade	Weight
PGR	A	-15.58%
AIG	A	-6.46%
TRV	C	-6.06%
MET	B	-5.29%
ALL	A	-4.95%
AFL	A	-4.55%
PRU	B	-4.52%
ACGL	A	-4.5%
HIG	C	-3.87%
MKL	B	-2.5%
CINF	B	-2.47%
PFG	C	-2.32%
WRB	D	-2.18%
FNF	C	-1.56%
KNSL	F	-1.31%
ERIE	C	-1.26%
AIZ	C	-1.18%
UNM	A	-1.14%
AFG	C	-1.1%
ORI	A	-1.03%
PRI	D	-1.0%
SIGI	C	-0.83%
FAF	D	-0.76%
RLI	B	-0.75%
AXS	C	-0.65%
WTM	A	-0.61%
THG	A	-0.61%
AGO	D	-0.57%
AEL	A	-0.47%
LNC	D	-0.47%
KMPR	B	-0.47%
BHF	B	-0.43%
CNO	B	-0.38%
OSCR	A	-0.31%
PLMR	B	-0.26%
GNW	C	-0.22%
STC	A	-0.2%
MCY	A	-0.2%
HMN	A	-0.18%
CNA	B	-0.17%
LMND	A	-0.15%
AMSF	F	-0.15%
NWLI	A	-0.15%
SKWD	C	-0.15%
TRUP	D	-0.12%
SAFT	C	-0.11%
EIG	C	-0.1%
PRA	B	-0.09%
AMBC	C	-0.09%
UFCS	A	-0.08%
JRVR	D	-0.05%
MBI	C	-0.05%