Key stats
About First Trust Horizon Managed Volatility Developed Intl ETF
Home page
Inception date
Aug 24, 2016
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
ISIN
US33739P8712
HDMV is an actively-managed fund that revolves around modeling and forecasting volatility. The fund manager selects 100-400 constituents that are expected to have low volatility in the future. The fund's selection universe is comprised of developed markets throughout the world, and it selects from those markets mid and large-cap stocks that meet liquidity standards. Chosen stocks are then weighted by their volatility forecasts, lowest to highest. Finally, larger weights are assigned to securities with lower future expected volatility and the funds weighting scheme may be adjusted depending on market conditions. HDMV is periodically rebalanced and reallocated using the fund managers methodology which may result in higher levels of portfolio turnover.
Related funds
Classification
What's in the fund
Exposure type
Finance
Utilities
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
HDMV trades at 35.28 USD today, its price has risen 0.05% in the past 24 hours. Track more dynamics on HDMV price chart.
HDMV net asset value is 35.52 today — it's risen 3.46% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
HDMV assets under management is 23.17 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
HDMV price has risen by 2.24% over the last month, and its yearly performance shows a 19.67% increase. See more dynamics on HDMV price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.46% over the last month, showed a 1.00% increase in three-month performance and has increased by 25.52% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.46% over the last month, showed a 1.00% increase in three-month performance and has increased by 25.52% in a year.
HDMV fund flows account for −13.45 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
HDMV invests in stocks. See more details in our Analysis section.
HDMV expense ratio is 0.80%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, HDMV isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, HDMV technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating HDMV shows the buy signal. See more of HDMV technicals for a more comprehensive analysis.
Today, HDMV technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating HDMV shows the buy signal. See more of HDMV technicals for a more comprehensive analysis.
Yes, HDMV pays dividends to its holders with the dividend yield of 4.19%.
HDMV trades at a premium (0.71%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
HDMV shares are issued by AJM Ventures LLC
HDMV follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Aug 24, 2016.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.