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First Trust Horizon Managed Volatility Small/Mid ETF (HSMV)
About this ETF
The First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) aims to deliver capital appreciation to its shareholders. To achieve this principal objective under typical market conditions, the Fund allocates a substantial portion—at least 80%—of its net assets (which may include borrowed capital) to specific types of investments. These consist of common stocks issued by small and/or mid-capitalization companies. These equities are publicly traded on U.S. national exchanges and are specifically chosen by Horizon Investments, LLC based on their projected low future volatility.
Price
Top 10 holdings
| Phillips Edison & Company, Inc. PECO | 2.17% |
| OGE Energy Corp. OGE | 2.05% |
| Ingredion Incorporated INGR | 1.60% |
| Ellington Financial Inc. EFC | 1.59% |
| IDACORP, Inc. IDA | 1.57% |
| NNN REIT Inc. NNN | 1.54% |
| Starwood Property Trust, Inc. STWD | 1.46% |
| Agree Realty Corporation ADC | 1.41% |
| Four Corners Property Trust, Inc. FCPT | 1.37% |
| DT Midstream, Inc. DTM | 1.25% |
Sector mix
Price chart
Returns
| 1 month | +2.55% |
| 3 months | +2.85% |
| 6 months | +6.02% |
| Year to date | +8.22% |
| 1 year | +6.81% |
| 3 years (ann.) | +8.07% |
| 5 years (ann.) | +3.42% |
| 10 years (ann.) | — |
Risk profile
| Volatility (1y, ann.) | 10.61% |
| Sharpe (1y) | 0.67 |
| Sharpe (3y) | 0.66 |
| Sortino (1y) | 1.25 |
| Max drawdown (1y) | -7.83% |
| Max drawdown (5y) | -19.85% |
| Max drawdown (full) | -19.85% |
| Beta vs S&P 500 (1y) | 0.30 |
| Correlation vs S&P 500 (1y) | 0.35 |
Technical outlook as of 2026-07-13
The Monte Carlo cone is drawn on the price chart above (Forecast overlay); RSI, MACD and the rest of the oscillators live in its indicator panels.
Full holdings
| Constituent | ISIN | Market value | Weight |
|---|---|---|---|
| Loading… | |||
Sector breakdown
Geographic exposure
Cost vs. peers
Comparison universe: 6,948 funds of the same asset class.
Cost impact calculator
Dividend history
Distributing share class Income is paid out to shareholders.
| Ex-date | Payment | Amount |
|---|---|---|
| 2026-06-25 | 2026-06-30 | USD 0.1500 |
| 2026-03-26 | 2026-03-31 | USD 0.1178 |
| 2025-12-12 | 2025-12-31 | USD 0.3101 |
| 2025-09-25 | 2025-09-30 | USD 0.1506 |
| 2025-06-26 | 2025-06-30 | USD 0.1549 |
| 2025-03-27 | 2025-03-31 | USD 0.1009 |
| 2024-12-13 | 2024-12-31 | USD 0.2457 |
| 2024-09-26 | 2024-09-30 | USD 0.1162 |
| 2024-06-27 | 2024-06-28 | USD 0.1109 |
| 2024-03-21 | 2024-03-28 | USD 0.0400 |
| 2023-12-22 | 2023-12-29 | USD 0.1778 |
| 2023-09-22 | 2023-09-29 | USD 0.1012 |
| 2023-06-27 | 2023-06-30 | USD 0.0970 |
| 2023-03-24 | 2023-03-31 | USD 0.0840 |
| 2022-12-23 | 2022-12-30 | USD 0.1710 |
| 2022-09-23 | 2022-09-30 | USD 0.1227 |
| 2022-06-24 | 2022-06-30 | USD 0.0777 |
| 2022-03-25 | 2022-03-31 | USD 0.0206 |
| 2021-12-23 | 2021-12-31 | USD 0.1480 |
| 2021-09-23 | 2021-09-30 | USD 0.0399 |
| 2021-06-24 | 2021-06-30 | USD 0.0565 |
| 2021-03-25 | 2021-03-31 | USD 0.0199 |
| 2020-12-24 | 2020-12-31 | USD 0.1394 |
| 2020-09-24 | 2020-09-30 | USD 0.0777 |
| 2020-06-25 | 2020-06-30 | USD 0.0083 |
ESG profile
Benchmark: average of 4,066 funds of the same asset class with derived ESG data.
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| Vanguard Total Stock Market ETF VTI | 0.03% | 2.30T | 1.05% | +19.93% | 1.48 |
| Vanguard S&P 500 ETF VOO | 0.03% | 1.70T | 1.07% | +19.68% | 1.49 |
| iShares Core S&P 500 ETF IVV | 0.03% | 894.38B | 1.09% | +19.68% | 1.49 |
| State Street SPDR S&P 500 ETF SPY | 0.09% | 789.23B | 1.00% | +19.71% | 1.49 |
| SPDR S&P 500 ETF Trust 1557.T | 0.09% | 789.09B | 0.49% | +37.54% | 2.26 |
| State Street SPDR S&P 500 ETF SPY.AX | 0.09% | 788.13B | 1.00% | +11.84% | 1.13 |
| Vanguard Total International Stock ETF VXUS | 0.05% | 652.30B | 2.61% | +20.58% | 1.21 |
| Invesco QQQ Trust, Series 1 QQQ | 0.18% | 481.14B | 0.43% | +28.14% | 1.43 |
| Vanguard Growth ETF VUG | 0.03% | 393.80B | 0.39% | +16.85% | 0.99 |
| Vanguard FTSE Developed Markets ETF VEA | 0.03% | 317.30B | 2.60% | +21.64% | 1.23 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| Vanguard Small-Cap ETF VB | 0.03% | 182.70B | 11.1% |
| Vanguard Total Stock Market ETF VTI | 0.03% | 2.30T | 1.3% |
| Vanguard Information Technology ETF VGT | 0.09% | 170.10B | 0.2% |
| iShares Core MSCI World UCITS ETF IWDA.AS | 0.20% | 143.20B | 0.1% |
| iShares Core MSCI World UCITS ETF IWDA.L | 0.20% | 143.34B | 0.1% |
