RISN vs. HSMV ETF Comparison

Comparison of Inspire Tactical Balanced ESG ETF (RISN) to First Trust Horizon Managed Volatility Small/Mid ETF (HSMV)

RISN

Inspire Tactical Balanced ESG ETF

RISN Description

The investment seeks to provide capital appreciation with lower volatility than the U.S. large cap stock market over the long term. The fund, an actively managed ETF, uses a proprietary system of technical analysis to tactically allocate assets into U.S. large cap stocks when the strategy identifies an uptrend in the U.S. large cap stock market, and shifts into U.S. Treasury bonds via third-party ETFs, investment grade and high-yield corporate bonds, government agency bonds, and listed gold exchange-traded products and exchange-traded notes such as SPDR Gold Shares (GLD) when the strategy identifies a downtrend in the U.S. large cap stock market.

Grade (RS Rating)

Last Trade

$27.81

Average Daily Volume

8,079

Number of Holdings ^*

* 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

$38.09

Average Daily Volume

1,340

Number of Holdings ^*

147

* may have additional holdings in another (foreign) market

Performance

Period	RISN	HSMV
30 Days	3.18%	3.72%
60 Days	3.50%	5.02%
90 Days	3.96%	5.82%
12 Months	18.52%	26.13%

12 Overlapping Holdings

Symbol	Grade	Weight in RISN	Weight in HSMV	Overlap
CACI	D	0.99%	1.29%	0.99%
CHE	D	0.97%	1.16%	0.97%
CRI	F	0.83%	0.21%	0.21%
CSL	C	0.97%	0.33%	0.33%
EGP	D	0.98%	0.63%	0.63%
G	B	1.22%	0.35%	0.35%
GGG	B	1.08%	1.06%	1.06%
GNTX	C	1.06%	0.99%	0.99%
LECO	C	1.1%	0.34%	0.34%
LFUS	D	1.0%	0.24%	0.24%
LSTR	D	1.05%	0.76%	0.76%
MIDD	C	1.01%	0.28%	0.28%

RISN Overweight 63 Positions Relative to HSMV

Symbol	Grade	Weight
USFR	A	19.16%
NVR	D	1.32%
EPAM	B	1.3%
CIVB	B	1.28%
AX	B	1.23%
MKL	A	1.23%
LAD	A	1.23%
WST	C	1.21%
AME	A	1.2%
COLB	B	1.17%
PFC	B	1.17%
CFR	B	1.16%
EME	A	1.15%
DAR	C	1.15%
ODFL	C	1.15%
TXRH	B	1.14%
SNA	A	1.13%
CSX	C	1.12%
EOG	A	1.11%
PCAR	B	1.11%
ACIW	B	1.11%
NFBK	C	1.11%
ALG	B	1.11%
CPRT	B	1.11%
JBHT	C	1.11%
MLM	C	1.1%
FAST	B	1.1%
MVBF	C	1.1%
MOH	F	1.1%
NTES	D	1.1%
BOTJ	B	1.09%
NECB	C	1.09%
OFLX	D	1.09%
MNST	C	1.09%
PBHC	B	1.08%
IBN	C	1.07%
BRO	B	1.07%
PAG	B	1.07%
NICE	D	1.07%
ROL	B	1.06%
MAA	B	1.06%
MED	D	1.06%
COKE	C	1.05%
UDR	B	1.05%
ROP	B	1.05%
EXPD	C	1.04%
MSCI	C	1.04%
POOL	C	1.03%
ON	D	1.01%
RMD	C	1.0%
PSA	C	1.0%
CSGP	D	1.0%
EW	C	1.0%
CNI	F	0.99%
GIII	D	0.98%
ASR	D	0.98%
IDXX	F	0.97%
KRC	B	0.96%
TSM	B	0.95%
MKTX	D	0.95%
FCNCA	A	0.93%
ELV	F	0.93%
SWKS	F	0.89%

RISN Underweight 135 Positions Relative to HSMV

Symbol	Grade	Weight
ATR	B	-2.09%
DTM	A	-2.06%
SEIC	B	-1.89%
ORI	A	-1.76%
IDA	A	-1.65%
INGR	C	-1.65%
OGE	A	-1.59%
POST	C	-1.56%
CTRE	C	-1.54%
RLI	A	-1.42%
MSGS	A	-1.4%
ADC	A	-1.34%
DCI	B	-1.33%
FHI	B	-1.26%
AMH	C	-1.24%
NJR	A	-1.24%
AM	A	-1.21%
NFG	A	-1.18%
FLO	D	-1.17%
NWE	B	-1.13%
OHI	C	-1.08%
AFG	A	-1.08%
POR	C	-1.07%
NNN	C	-1.01%
GLPI	C	-0.99%
NYT	D	-0.95%
BKH	A	-0.9%
EHC	B	-0.9%
MMS	F	-0.89%
FCPT	C	-0.86%
DLB	B	-0.85%
CBSH	B	-0.83%
ELS	C	-0.81%
MSA	F	-0.8%
EPR	C	-0.79%
PRI	B	-0.78%
IDCC	B	-0.77%
AVA	A	-0.76%
PBH	A	-0.76%
EFC	C	-0.76%
KBR	F	-0.75%
PECO	A	-0.74%
LOPE	C	-0.74%
ENSG	C	-0.73%
AWR	B	-0.72%
OGS	A	-0.72%
SF	B	-0.72%
RPM	A	-0.68%
SLGN	A	-0.68%
RNR	C	-0.67%
CPK	A	-0.67%
CW	C	-0.67%
RGA	A	-0.67%
AGO	B	-0.67%
ESNT	F	-0.67%
JHG	B	-0.66%
EPRT	B	-0.65%
MDU	D	-0.64%
AMG	B	-0.63%
CDP	C	-0.63%
SCI	B	-0.62%
PRGS	A	-0.58%
ACM	B	-0.57%
FELE	B	-0.56%
GATX	A	-0.56%
CHH	A	-0.56%
MTG	C	-0.55%
SBRA	C	-0.55%
COLM	C	-0.55%
NMIH	C	-0.55%
RS	B	-0.54%
BCPC	B	-0.53%
FLS	B	-0.52%
CWT	C	-0.51%
FNF	B	-0.51%
EPC	F	-0.49%
AVT	C	-0.49%
FCN	F	-0.49%
BRX	A	-0.48%
BWXT	B	-0.48%
MUSA	B	-0.47%
LANC	C	-0.46%
JEF	A	-0.46%
PFGC	B	-0.45%
FR	D	-0.45%
CHDN	B	-0.45%
ARW	D	-0.45%
PB	B	-0.45%
CNO	B	-0.44%
MSM	C	-0.44%
LAMR	C	-0.43%
ENR	B	-0.43%
RYN	D	-0.42%
BLKB	B	-0.41%
RDN	D	-0.4%
FAF	A	-0.4%
FNB	A	-0.38%
ITT	A	-0.38%
CLH	C	-0.38%
EXEL	B	-0.38%
ASH	F	-0.36%
GPK	C	-0.36%
ABM	B	-0.36%
BJ	A	-0.36%
COOP	B	-0.35%
IOSP	C	-0.35%
SAIC	F	-0.35%
LXP	D	-0.34%
RGLD	C	-0.34%
EVR	B	-0.34%
JAZZ	B	-0.33%
MAN	F	-0.32%
KEX	B	-0.31%
AGCO	D	-0.31%
JJSF	C	-0.31%
ONB	C	-0.31%
R	B	-0.3%
KFY	B	-0.29%
MTN	C	-0.29%
ALV	C	-0.29%
EVTC	B	-0.28%
OSK	C	-0.28%
ORA	B	-0.27%
PLXS	B	-0.27%
CASY	A	-0.26%
LII	A	-0.26%
HRB	D	-0.26%
FSS	B	-0.24%
CUBE	C	-0.24%
AIN	C	-0.24%
IRT	A	-0.23%
HXL	F	-0.22%
REXR	F	-0.2%
PCH	F	-0.19%
NSA	C	-0.13%