First TrustSmall BlendHSMV · NYSE Arca

First Trust Horizon Managed Volatility Small/Mid ETF (HSMV)

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Price: $36.62; —12 Nov 2026
Assets: $5.5M; Total net assets
Expense ratio: 0.80%; Category 0.96%
Yield: 4.46%; Trailing distributions

1Y return: 6.4%-10.5%; Category 17.0%
3Y CAGR: 10.5%-7.2%; Category 17.7%
5Y CAGR: 3.2%-2.4%; Category 5.6%

$36.62—12 Nov 2026

Fund

Assets: $5.5M
Expense: 0.80%
Categ. exp: 0.96%
Yield: 4.46%

ReturnFundCateg.

1Y6.4%17.0%

3Y10.5%17.7%

5Y3.2%5.6%

Launch10.6%—

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First Trust Horizon Managed Volatility Small/Mid ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	+2.7%	-4.2%	+1.8%	+6.5%	+6.4%	+10.5%	+3.2%	—	+10.6%
Small Blend average	1.3%	-5.5%	3.1%	15.4%	17.0%	17.7%	5.6%	10.0%	11.2%
Difference	+1.3%	+1.3%	-1.3%	-8.9%	-10.5%	-7.2%	-2.4%	—	-0.6%

Holdings

The 10 largest positions make up 16.4% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
INGR	Ingredion Inc	2.31%
DLB	Dolby Laboratories Inc Class A	2.08%
PECO	Phillips Edison & Co Inc Ordinary Shares - New	1.64%
AM	Antero Midstream Corp	1.63%
BCPC	Balchem Corp	1.57%
EFC	Ellington Financial Inc	1.49%
GGG	Graco Inc	1.47%
STWD	Starwood Property Trust Inc	1.43%
DTM	DT Midstream Inc Ordinary Shares	1.41%
IOSP	Innospec Inc	1.34%

Portfolio valuation

Weighted averages of what the fund holds.

P/E: 16.4
P/B: 1.7
P/S: 1.9
P/CF: 10.5

Sector allocation

Share of the equity the fund holds.

Real estate21.4%
Financial services18.1%
Industrials16.2%
Utilities11.5%
Consumer staples9.2%
Consumer discretionary7.1%
Health care6.1%
Materials5.6%
Energy3.8%
Communication services1.0%

Asset mix

Stocks100.0%
Cash0.0%

ETF details

Issuer: First Trust
Category: Equity · Small Blend
Ticker: HSMV
Exchange: NYSE Arca
Inception: 6 Apr 2020 (6.6 years)
Structure: Exchange Traded Fund
Expense ratio: 0.80% (category 0.96%)
Holdings turnover: 40% (category 61%)
Distribution yield: 4.46%
Beta, 3 years: 0.55
Total net assets: $5.5M

Prices and returns as of 12 Nov 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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