PAPI vs. HUSV ETF Comparison

Comparison of Parametric Equity Premium Income ETF (PAPI) to First Trust Horizon Managed Volatility Domestic ETF (HUSV)

PAPI

Parametric Equity Premium Income ETF

PAPI Description

The fund is an actively managed exchange-traded fund. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. Equity securities in which the fund may invest include common stocks.

Grade (RS Rating)

Last Trade

$28.08

Average Daily Volume

33,669

Number of Holdings ^*

189

* may have additional holdings in another (foreign) market

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

Performance

Period	PAPI	HUSV
30 Days	3.08%	1.70%
60 Days	3.73%	3.21%
90 Days	4.88%	4.88%
12 Months	19.25%	21.41%

35 Overlapping Holdings

Symbol	Grade	Weight in PAPI	Weight in HUSV	Overlap
ABBV	D	0.46%	0.48%	0.46%
ABT	B	0.52%	0.89%	0.52%
ADP	B	0.54%	1.33%	0.54%
ATO	A	0.53%	1.79%	0.53%
BDX	F	0.5%	0.66%	0.5%
CME	A	0.52%	1.2%	0.52%
COR	B	0.54%	1.1%	0.54%
CSCO	B	0.54%	2.22%	0.54%
CTSH	B	0.53%	2.07%	0.53%
DUK	C	0.5%	1.29%	0.5%
EA	A	0.59%	1.0%	0.59%
ED	D	0.48%	0.86%	0.48%
EVRG	A	0.55%	1.36%	0.55%
FE	C	0.5%	1.79%	0.5%
GD	F	0.5%	0.95%	0.5%
IBM	C	0.46%	1.67%	0.46%
JNJ	D	0.5%	1.37%	0.5%
KDP	D	0.46%	1.37%	0.46%
KMI	A	0.58%	1.54%	0.58%
KO	D	0.45%	2.22%	0.45%
LIN	D	0.49%	2.02%	0.49%
LYB	F	0.48%	0.51%	0.48%
MDT	D	0.51%	0.65%	0.51%
MO	A	0.59%	1.2%	0.59%
MSFT	F	0.53%	2.08%	0.53%
OKE	A	0.61%	0.86%	0.61%
PEP	F	0.48%	1.24%	0.48%
PG	A	0.52%	1.81%	0.52%
PM	B	0.56%	1.43%	0.56%
PPL	B	0.55%	1.43%	0.55%
ROP	B	0.52%	2.22%	0.52%
RTX	C	0.5%	0.91%	0.5%
SYK	C	0.57%	0.61%	0.57%
TJX	A	0.54%	1.05%	0.54%
WMB	A	0.58%	1.01%	0.58%

PAPI Overweight 154 Positions Relative to HUSV

Symbol	Grade	Weight
GRMN	B	0.65%
SNA	A	0.63%
IP	B	0.63%
DTM	B	0.62%
BKR	B	0.62%
EMR	A	0.61%
UNM	A	0.61%
IDCC	A	0.61%
PINC	B	0.6%
FOX	A	0.59%
CFR	B	0.59%
TAP	C	0.59%
PB	A	0.59%
IDA	A	0.59%
CINF	A	0.58%
JHG	A	0.58%
JCI	C	0.58%
WHR	B	0.57%
RHI	B	0.57%
TRV	B	0.57%
SRE	A	0.57%
CTRA	B	0.57%
RF	A	0.57%
DGX	A	0.57%
LH	C	0.57%
TXRH	C	0.57%
FOXA	B	0.57%
XEL	A	0.57%
CVX	A	0.57%
CMI	A	0.57%
FAST	B	0.56%
WSO	A	0.56%
CAH	B	0.56%
EOG	A	0.56%
RS	B	0.56%
PKG	A	0.56%
TROW	B	0.56%
COP	C	0.56%
VLO	C	0.55%
DCI	B	0.55%
INGR	B	0.55%
UNH	C	0.55%
GGG	B	0.55%
OGE	B	0.55%
T	A	0.55%
GNTX	C	0.54%
MOS	F	0.54%
PAG	B	0.54%
CMCSA	B	0.54%
OGS	A	0.54%
ORI	A	0.54%
WMT	A	0.54%
COST	B	0.54%
CHD	B	0.54%
AFG	A	0.54%
DRI	B	0.54%
MTN	C	0.54%
AEE	A	0.54%
LHX	C	0.53%
AM	A	0.53%
GILD	C	0.53%
TXN	C	0.53%
PRU	A	0.53%
PAYX	C	0.53%
MSM	C	0.53%
COLM	B	0.53%
HPE	B	0.53%
GLW	B	0.53%
HP	B	0.52%
LNT	A	0.52%
BMI	B	0.52%
NFG	A	0.52%
ATR	B	0.52%
PEG	A	0.52%
UPS	C	0.52%
HPQ	B	0.52%
EXPD	D	0.52%
XOM	B	0.52%
PSX	C	0.52%
CHRD	D	0.52%
WEC	A	0.52%
POR	C	0.51%
AVT	C	0.51%
DD	D	0.51%
CALM	A	0.51%
DLB	B	0.51%
DINO	D	0.51%
HIG	B	0.51%
FNF	B	0.51%
APD	A	0.51%
LKQ	D	0.51%
OXM	D	0.51%
CTVA	C	0.5%
POWI	D	0.5%
NYT	C	0.5%
DVN	F	0.5%
ACN	C	0.5%
VZ	C	0.5%
CCOI	B	0.5%
SNX	C	0.5%
PFG	D	0.5%
AEP	D	0.5%
RGLD	C	0.5%
BG	F	0.5%
D	C	0.5%
MTG	C	0.5%
SO	D	0.5%
AFL	B	0.5%
DOX	D	0.49%
OMC	C	0.49%
CHE	D	0.49%
KMB	D	0.49%
BBY	D	0.49%
PPG	F	0.49%
SON	D	0.49%
FLO	D	0.49%
JKHY	D	0.49%
EMN	D	0.49%
QCOM	F	0.49%
HRL	D	0.49%
CAG	D	0.48%
AOS	F	0.48%
WEN	D	0.48%
ADI	D	0.48%
RPRX	D	0.48%
LEA	D	0.48%
WU	D	0.48%
SHOO	D	0.47%
AMCR	D	0.47%
LEN	D	0.47%
CI	F	0.47%
ADM	D	0.47%
ASH	D	0.46%
FMC	D	0.46%
HAS	D	0.46%
KHC	F	0.46%
MRK	F	0.46%
IPG	D	0.45%
SWKS	F	0.45%
GPC	D	0.45%
DHR	F	0.45%
ESNT	D	0.45%
HUN	F	0.44%
MAN	D	0.44%
DOW	F	0.44%
PFE	D	0.44%
INSW	F	0.44%
PII	D	0.43%
ELV	F	0.43%
CVI	F	0.42%
CRI	D	0.41%
HII	D	0.39%
NEM	D	0.38%
SCCO	F	0.0%

PAPI Underweight 39 Positions Relative to HUSV

Symbol	Grade	Weight
BRK.A	B	-2.53%
RSG	A	-2.48%
MSI	B	-2.45%
PTC	A	-2.41%
MMC	B	-2.33%
CL	D	-2.17%
VRSN	F	-1.9%
LMT	D	-1.87%
ITW	B	-1.85%
L	A	-1.83%
TDY	B	-1.81%
ICE	C	-1.76%
TMUS	B	-1.5%
NI	A	-1.5%
MCD	D	-1.36%
FI	A	-1.36%
HON	B	-1.34%
MA	C	-1.33%
V	A	-1.3%
YUM	B	-1.21%
CMS	C	-1.14%
CTAS	B	-1.12%
AVY	D	-1.09%
WTW	B	-1.02%
SPGI	C	-0.92%
WM	A	-0.86%
ORLY	B	-0.83%
EQR	B	-0.83%
AVB	B	-0.81%
BSX	B	-0.8%
UNP	C	-0.78%
HOLX	D	-0.77%
WELL	A	-0.73%
NOC	D	-0.71%
HLT	A	-0.66%
O	D	-0.63%
ECL	D	-0.61%
AZO	C	-0.5%
HD	A	-0.38%