MDYV vs. HSMV ETF Comparison

Comparison of SPDR S&P 400 Mid Cap Value ETF (based on S&P MidCap 400 Value Index (MDYV) to First Trust Horizon Managed Volatility Small/Mid ETF (HSMV)

MDYV

SPDR S&P 400 Mid Cap Value ETF (based on S&P MidCap 400 Value Index

MDYV Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of medium capitalization exchange traded U.S. equity securities exhibiting "value" characteristics. The fund employs a replication strategy in seeking to track the performance of the S&P MidCap 400 Value Index. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index measures the performance of the mid-capitalization value sector in the U.S. equity market. It is non-diversified.

Grade (RS Rating)

Last Trade

$75.53

Average Daily Volume

156,453

Number of Holdings ^*

286

* may have additional holdings in another (foreign) market

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

$34.02

Average Daily Volume

1,252

Number of Holdings ^*

196

* may have additional holdings in another (foreign) market

Performance

Period	MDYV	HSMV
30 Days	2.20%	3.53%
60 Days	1.74%	2.70%
90 Days	4.79%	6.24%
12 Months	19.98%	14.92%

125 Overlapping Holdings

Symbol	Grade	Weight in MDYV	Weight in HSMV	Overlap
ACM	C	0.53%	0.51%	0.51%
ADC	B	0.46%	0.51%	0.46%
AFG	C	0.67%	0.51%	0.51%
AGCO	F	0.56%	0.56%	0.56%
ALE	B	0.28%	0.52%	0.28%
ALV	A	0.29%	0.51%	0.29%
AM	A	0.16%	0.5%	0.16%
AMG	D	0.42%	0.52%	0.42%
AMH	B	0.36%	0.51%	0.36%
ARW	B	0.54%	0.49%	0.49%
ASH	A	0.38%	0.52%	0.38%
ATR	A	0.32%	0.51%	0.32%
AVT	A	0.37%	0.49%	0.37%
BJ	B	0.8%	0.57%	0.57%
BKH	B	0.3%	0.52%	0.3%
BLKB	B	0.1%	0.31%	0.1%
BRX	C	0.29%	0.52%	0.29%
CACI	A	0.47%	0.52%	0.47%
CBSH	A	0.31%	0.49%	0.31%
CHE	D	0.27%	0.51%	0.27%
CHH	F	0.11%	0.51%	0.11%
CNO	B	0.24%	0.51%	0.24%
COLM	B	0.12%	0.53%	0.12%
CRI	F	0.2%	0.51%	0.2%
CRUS	A	0.19%	0.29%	0.19%
CUBE	D	0.33%	0.65%	0.33%
CVLT	A	0.15%	0.54%	0.15%
CW	A	0.29%	0.52%	0.29%
DCI	B	0.3%	0.51%	0.3%
DLB	C	0.17%	0.51%	0.17%
DTM	A	0.18%	0.5%	0.18%
EGP	D	0.23%	0.51%	0.23%
EHC	A	0.37%	0.51%	0.37%
ELS	D	0.33%	0.53%	0.33%
ENOV	F	0.2%	0.45%	0.2%
EPR	C	0.09%	0.52%	0.09%
ESNT	C	0.47%	0.51%	0.47%
EVR	C	0.16%	0.57%	0.16%
EXPO	B	0.18%	0.31%	0.18%
FAF	D	0.44%	0.57%	0.44%
FHI	D	0.21%	0.52%	0.21%
FLO	B	0.38%	0.51%	0.38%
FLS	A	0.28%	0.51%	0.28%
FNB	A	0.39%	0.48%	0.39%
FNF	B	1.06%	0.51%	0.51%
FR	D	0.26%	0.52%	0.26%
G	D	0.42%	0.51%	0.42%
GATX	C	0.23%	0.51%	0.23%
GLPI	D	0.53%	0.52%	0.52%
GMED	C	0.56%	0.5%	0.5%
GNTX	D	0.23%	0.5%	0.23%
GO	F	0.16%	0.41%	0.16%
GPK	C	0.67%	0.49%	0.49%
HXL	C	0.24%	0.51%	0.24%
IDA	B	0.23%	0.51%	0.23%
INGR	A	0.39%	0.52%	0.39%
IRT	B	0.29%	0.31%	0.29%
JAZZ	D	0.32%	0.43%	0.32%
JEF	B	0.61%	0.51%	0.51%
JHG	A	0.34%	0.52%	0.34%
KBR	B	0.38%	0.52%	0.38%
KEX	A	0.31%	0.51%	0.31%
KNX	D	0.62%	0.47%	0.47%
LAMR	B	0.34%	0.47%	0.34%
LANC	D	0.16%	0.59%	0.16%
LEG	F	0.14%	0.23%	0.14%
LFUS	B	0.15%	0.58%	0.15%
LSTR	D	0.16%	0.51%	0.16%
MAN	B	0.29%	0.51%	0.29%
MAT	D	0.29%	0.57%	0.29%
MDU	A	0.41%	0.51%	0.41%
MIDD	F	0.29%	0.54%	0.29%
MMS	C	0.11%	0.52%	0.11%
MSM	F	0.15%	0.5%	0.15%
MTG	B	0.28%	0.51%	0.28%
MTN	F	0.2%	0.61%	0.2%
NFG	A	0.4%	0.52%	0.4%
NJR	B	0.34%	0.52%	0.34%
NNN	B	0.38%	0.52%	0.38%
NSA	D	0.11%	0.34%	0.11%
NWE	B	0.25%	0.52%	0.25%
OGE	A	0.57%	0.52%	0.52%
OGS	C	0.28%	0.52%	0.28%
OHI	B	0.35%	0.52%	0.35%
ONB	A	0.43%	0.31%	0.31%
ORA	C	0.29%	0.32%	0.29%
ORI	A	0.64%	0.53%	0.53%
OSK	D	0.6%	0.5%	0.5%
PB	B	0.47%	0.38%	0.38%
PCH	D	0.26%	0.52%	0.26%
PFGC	D	0.85%	0.51%	0.51%
PNM	C	0.26%	0.52%	0.26%
POR	B	0.35%	0.51%	0.35%
POST	B	0.42%	0.5%	0.42%
R	A	0.44%	0.45%	0.44%
REXR	D	0.45%	0.49%	0.45%
RGA	A	1.08%	0.51%	0.51%
RGLD	B	0.31%	0.4%	0.31%
RLI	A	0.16%	0.51%	0.16%
RNR	C	0.42%	0.46%	0.42%
RPM	D	0.53%	0.51%	0.51%
RYN	F	0.2%	0.5%	0.2%
SAIC	C	0.36%	0.51%	0.36%
SBRA	A	0.27%	0.51%	0.27%
SCI	D	0.39%	0.49%	0.39%
SEIC	C	0.27%	0.51%	0.27%
SF	A	0.67%	0.52%	0.52%
SFM	A	0.35%	0.48%	0.35%
SIGI	F	0.21%	0.48%	0.21%
SLGN	B	0.3%	0.49%	0.3%
SNX	A	0.74%	0.5%	0.5%
SON	C	0.45%	0.49%	0.45%
SR	B	0.27%	0.51%	0.27%
STAG	D	0.25%	0.52%	0.25%
SWX	A	0.36%	0.62%	0.36%
THG	A	0.38%	0.51%	0.38%
USFD	C	0.93%	0.5%	0.5%
UTHR	B	0.53%	0.55%	0.53%
VOYA	B	0.36%	0.52%	0.36%
WEN	B	0.12%	0.51%	0.12%
WERN	D	0.18%	0.53%	0.18%
WH	F	0.16%	0.51%	0.16%
WPC	C	0.98%	0.51%	0.51%
WTRG	B	0.4%	0.53%	0.4%
WU	C	0.37%	0.58%	0.37%

MDYV Overweight 161 Positions Relative to HSMV

Symbol	Grade	Weight
THC	A	0.98%
ALLY	B	0.84%
RRX	D	0.82%
CHK	B	0.77%
AR	B	0.76%
UNM	B	0.75%
JLL	C	0.72%
FHN	A	0.7%
DINO	D	0.7%
X	D	0.68%
CLF	F	0.68%
ARMK	C	0.66%
WBS	D	0.62%
WCC	B	0.6%
NOV	D	0.59%
LEA	F	0.58%
COHR	D	0.57%
DAR	D	0.56%
BERY	D	0.56%
LAD	D	0.56%
XPO	D	0.54%
PVH	D	0.53%
ST	B	0.51%
FLR	C	0.51%
ZION	B	0.51%
AA	B	0.51%
CMC	C	0.51%
MTZ	B	0.5%
WTFC	B	0.49%
TMHC	C	0.49%
KD	A	0.48%
SSB	D	0.48%
XRAY	F	0.47%
STWD	C	0.47%
EQH	A	0.46%
SNV	C	0.45%
AIRC	A	0.44%
FYBR	B	0.44%
NXST	C	0.43%
THO	D	0.43%
PBF	D	0.43%
VMI	B	0.42%
CCK	C	0.42%
CADE	B	0.42%
DKS	C	0.42%
UGI	B	0.41%
M	D	0.41%
WHR	F	0.41%
IBKR	B	0.41%
EWBC	A	0.39%
BURL	D	0.38%
GPS	D	0.38%
KRG	B	0.37%
CG	D	0.37%
ASGN	D	0.37%
TTC	F	0.37%
UBSI	D	0.36%
HOMB	B	0.36%
CGNX	B	0.35%
PII	F	0.35%
HOG	D	0.35%
GME	B	0.34%
GBCI	C	0.34%
SRCL	D	0.34%
CNM	A	0.34%
CIEN	D	0.33%
PRGO	C	0.33%
COLB	C	0.33%
AN	B	0.33%
ERIE	C	0.33%
CC	C	0.32%
AVNT	B	0.32%
AYI	C	0.31%
OLN	D	0.31%
MKSI	D	0.31%
CFR	D	0.31%
VNO	F	0.3%
BDC	C	0.3%
KMPR	B	0.29%
MUR	C	0.29%
PNFP	C	0.29%
CYTK	D	0.28%
TKR	B	0.28%
KRC	F	0.28%
BRBR	C	0.28%
CUZ	B	0.28%
GT	D	0.28%
UMBF	C	0.28%
ETRN	B	0.27%
HQY	D	0.26%
ASB	A	0.26%
AMKR	C	0.26%
VAC	D	0.25%
NVST	F	0.25%
VLY	F	0.25%
CACC	D	0.24%
SLM	B	0.23%
LITE	F	0.23%
CNXC	D	0.23%
TGNA	D	0.23%
TCBI	B	0.23%
BHF	D	0.23%
PAG	F	0.23%
BRKR	D	0.22%
VSH	C	0.22%
GHC	A	0.21%
ZD	D	0.2%
RCM	D	0.2%
KBH	B	0.2%
NYCB	D	0.2%
ADNT	F	0.2%
NEOG	F	0.19%
FFIN	C	0.19%
NOVT	D	0.19%
OZK	B	0.19%
OPCH	D	0.19%
ZI	F	0.19%
GXO	C	0.18%
EEFT	C	0.18%
PENN	F	0.18%
HELE	F	0.18%
RH	D	0.18%
SYNA	D	0.17%
LIVN	B	0.17%
CHX	D	0.17%
POWI	C	0.17%
EXLS	C	0.17%
BC	D	0.17%
ENS	B	0.17%
CPRI	F	0.17%
HWC	B	0.16%
LPX	A	0.16%
MASI	D	0.16%
MTSI	B	0.16%
IRDM	D	0.15%
HAE	B	0.15%
JWN	B	0.15%
SMG	D	0.14%
TEX	D	0.14%
AMED	C	0.14%
VC	C	0.14%
IBOC	A	0.14%
NSP	C	0.14%
CBT	B	0.14%
WOLF	F	0.13%
GEF	D	0.13%
IART	F	0.13%
PPC	A	0.12%
MP	D	0.11%
ALGM	D	0.11%
SAM	D	0.11%
DOCS	F	0.11%
IPGP	D	0.11%
UA	D	0.1%
KNF	C	0.1%
UAA	F	0.1%
YETI	F	0.09%
HGV	D	0.09%
TNL	D	0.08%
AZTA	D	0.08%
HTZ	F	0.05%

MDYV Underweight 71 Positions Relative to HSMV

Symbol	Grade	Weight
LXP	D	-0.66%
CPK	B	-0.65%
EXP	A	-0.63%
NBIX	B	-0.63%
IDCC	B	-0.59%
CSL	A	-0.58%
PLXS	B	-0.58%
EME	A	-0.57%
TNC	D	-0.56%
CWT	B	-0.54%
BCPC	C	-0.54%
CLH	B	-0.54%
TTEK	B	-0.54%
AWR	C	-0.53%
NMIH	A	-0.53%
AIN	D	-0.53%
RDN	C	-0.52%
PRI	D	-0.52%
FCPT	B	-0.52%
WTS	C	-0.52%
EPC	B	-0.52%
LOPE	B	-0.52%
PECO	D	-0.52%
HRB	B	-0.52%
NYT	B	-0.52%
EPRT	A	-0.52%
AVA	B	-0.52%
CTRE	B	-0.52%
RS	D	-0.51%
NVT	A	-0.51%
VVV	D	-0.51%
LECO	D	-0.51%
EXEL	F	-0.51%
INVA	B	-0.51%
COOP	A	-0.51%
JJSF	B	-0.51%
PBH	D	-0.51%
PRGS	F	-0.51%
IOSP	C	-0.51%
KFY	C	-0.51%
ACHC	F	-0.51%
EFC	B	-0.51%
NSIT	A	-0.5%
FSS	B	-0.5%
VNT	D	-0.5%
CASY	A	-0.5%
MSA	C	-0.5%
GGG	D	-0.5%
BWXT	D	-0.5%
AGO	D	-0.5%
VRRM	A	-0.5%
ENSG	D	-0.5%
TXRH	B	-0.5%
MCRI	D	-0.5%
FELE	D	-0.49%
UNF	D	-0.49%
MSGS	B	-0.49%
ITT	A	-0.48%
ROIC	D	-0.48%
LII	C	-0.47%
MUSA	D	-0.47%
EVTC	F	-0.46%
MOG.A	A	-0.46%
CHDN	B	-0.46%
ENR	C	-0.42%
AIR	B	-0.38%
FCN	B	-0.31%
ABM	B	-0.31%
CCOI	F	-0.3%
PDCO	D	-0.3%
PZZA	F	-0.29%