Key stats
About First Trust Horizon Managed Volatility Small/Mid ETF
Expense ratio
0.80%
Home page
Inception date
Apr 6, 2020
HSMV is an actively-managed fund that revolves around modelling and forecasting volatility. Starting with small- and mid-cap companies listed on US exchanges, the fund manager uses a quantitative and rules-based model to forecast the future volatility of individual stocks based on historical pricing data and generated return data. Selected securities are weighted by their volatility forecasts, with the lowest receiving greater weight in the portfolio. The fund rebalances and reallocates periodically at the fund managers discretion, which may result to high portfolio turnover.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Stocks99.80%
Finance31.21%
Utilities9.35%
Producer Manufacturing8.17%
Consumer Services6.79%
Consumer Non-Durables5.26%
Technology Services4.52%
Electronic Technology4.45%
Transportation4.13%
Health Technology3.68%
Process Industries3.62%
Industrial Services3.46%
Commercial Services3.27%
Retail Trade2.91%
Distribution Services2.84%
Health Services2.04%
Consumer Durables1.78%
Non-Energy Minerals1.54%
Energy Minerals0.52%
Communications0.27%
Bonds, Cash & Other0.20%
Cash0.20%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history