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First Trust Horizon Managed Volatility Small/Mid ETF

etf
HSMV
Dividend policy
Active
Price as of:
$25.12 -0.39 0%
primary theme
U.S. Mid-Cap Blend Equity
HSMV (ETF)

First Trust Horizon Managed Volatility Small/Mid ETF

Dividend policy
Active
Price as of:
$25.12 -0.39 0%
primary theme
U.S. Mid-Cap Blend Equity
HSMV (ETF)
First Trust Horizon Managed Volatility Small/Mid ETF
Dividend policy
Active
Price as of:
$25.12 -0.39 0%
primary theme
U.S. Mid-Cap Blend Equity

HSMV - Snapshot

Vitals

  • YTD Return N/A
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $15.7 M
  • Holdings in Top 10 8.7%

52 WEEK LOW AND HIGH

$25.51
$0.00
$26.08

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.80%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 5.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

  • Primary Theme U.S. Mid-Cap Blend Equity
  • Fund Type Exchange Traded Fund
  • Investment Style Mid-Cap Blend

Compare HSMV to Popular U.S. Mid-Cap Blend Equity Funds and ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings & Recommendations*

$183.59

-1.24%

$113.31 B

1.42%

$2.65

blocked
blocked
blocked

3.39%

0.04%

$137.84

-1.01%

$75.22 B

1.18%

$1.64

blocked
blocked
blocked

9.18%

0.06%

$196.88

-1.12%

$43.46 B

1.68%

$3.35

blocked
blocked
blocked

-3.93%

0.07%

$70.35

-1.04%

$24.92 B

3.93%

$2.80

blocked
blocked
blocked

8.08%

0.05%

$60.23

-1.13%

$20.75 B

1.40%

$0.85

blocked
blocked
blocked

1.39%

0.19%

HSMV - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.60%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    First Trust Horizon Managed Volatility Small/Mid ETF
  • Fund Family Name
    First Trust
  • Inception Date
    Apr 06, 2020
  • Shares Outstanding
    650002
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Scott Ladner

Fund Description

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.


HSMV - Performance

Return Ranking - Trailing

Period HSMV Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -18.1% 2111.6% N/A
1 Yr N/A -17.7% 21.6% N/A
3 Yr N/A* -5.6% 14.3% N/A
5 Yr N/A* 0.4% 13.5% N/A
10 Yr N/A* 4.3% 13.4% N/A

* Annualized

Return Ranking - Calendar

Period HSMV Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -8.5% 35.6% N/A
2018 N/A -77.7% -0.9% N/A
2017 N/A -62.4% 21.5% N/A
2016 N/A -16.4% 28.1% N/A
2015 N/A -40.7% 2.9% N/A

Total Return Ranking - Trailing

Period HSMV Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -18.1% 2111.6% N/A
1 Yr N/A -19.6% 21.6% N/A
3 Yr N/A* -6.8% 14.3% N/A
5 Yr N/A* 0.0% 13.5% N/A
10 Yr N/A* 4.3% 13.4% N/A

* Annualized

Total Return Ranking - Calendar

Period HSMV Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -8.5% 35.6% N/A
2018 N/A -44.3% 0.1% N/A
2017 N/A -62.4% 24.9% N/A
2016 N/A -4.7% 28.1% N/A
2015 N/A -40.3% 3.9% N/A

HSMV - Holdings

Concentration Analysis

HSMV Category Low Category High HSMV % Rank
Net Assets 15.7 M 116 K 113 B 88.43%
Number of Holdings 151 1 3281 41.26%
Net Assets in Top 10 1.37 M 0 9.52 B 93.71%
Weighting of Top 10 8.69% 2.3% 100.0% 82.94%

Top 10 Holdings

  1. The Toro Co 1.03%
  2. Flowers Foods Inc 0.92%
  3. Pool Corp 0.90%
  4. Industrial Logistics Properties Trust 0.88%
  5. Maximus Inc 0.86%
  6. Pricesmart Inc 0.85%
  7. Gentex Corp 0.84%
  8. Idacorp Inc 0.84%
  9. Post Holdings Inc 0.83%
  10. Kilroy Realty Corp 0.83%

Asset Allocation

Weighting Return Low Return High HSMV % Rank
Stocks
97.28% 0.00% 100.22% 75.06%
Cash
2.72% -0.22% 100.00% 22.38%
Preferred Stocks
0.00% 0.00% 7.43% 84.15%
Other
0.00% -1.03% 9.79% 83.68%
Convertible Bonds
0.00% 0.00% 4.38% 83.68%
Bonds
0.00% 0.00% 59.95% 84.38%

Stock Sector Breakdown

Weighting Return Low Return High HSMV % Rank
Industrials
19.07% 0.00% 50.75% 22.90%
Consumer Defense
12.72% 0.00% 22.72% 3.97%
Technology
12.39% 0.00% 32.41% 79.44%
Financial Services
12.00% 0.58% 42.16% 60.75%
Real Estate
11.41% 0.00% 21.38% 5.14%
Healthcare
10.43% 0.00% 22.04% 70.79%
Utilities
7.65% 0.00% 16.65% 9.58%
Basic Materials
6.31% 0.00% 26.89% 10.05%
Consumer Cyclical
5.52% 0.00% 47.64% 96.50%
Communication Services
1.83% 0.00% 32.28% 84.58%
Energy
0.66% 0.00% 27.97% 80.84%

Stock Geographic Breakdown

Weighting Return Low Return High HSMV % Rank
US
97.28% 0.00% 100.01% 41.26%
Non US
0.00% 0.00% 33.32% 97.90%

HSMV - Expenses

Operational Fees

HSMV Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.80% 0.02% 19.45% 70.44%
Management Fee 0.80% 0.00% 1.50% 83.72%
12b-1 Fee 0.00% 0.00% 1.00% 16.41%
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

HSMV Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 4.50% N/A

Trading Fees

HSMV Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

HSMV Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 5.00% 0.01% 453.00% 1.70%

HSMV - Distributions

Dividend Yield Analysis

HSMV Category Low Category High HSMV % Rank
Dividend Yield 0.34% 0.00% 5.27% 11.81%

Dividend Distribution Analysis

HSMV Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Annually Annually

Net Income Ratio Analysis

HSMV Category Low Category High HSMV % Rank
Net Income Ratio 0.60% -1.52% 3.05% 52.78%

Capital Gain Distribution Analysis

HSMV Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

HSMV - Fund Manager Analysis

Managers

Scott Ladner


Start Date

Tenure

Tenure Rank

Apr 06, 2020

0.48

0.5%

Mr. Ladner serves as Chief Investment Officer and is the Chair of the Investment Committee for Horizon. In these capacities, he oversees all aspects of the Investment Management division for the firm. He also provides the Investment Management division with Macro analysis and interpretation of global derivatives, credit, foreign exchange, equity, and funding markets. His previous roles at Horizon included Head of Risk and Director of Quantitative & Alternative Strategies. Prior to Horizon, Mr. Ladner was a founder of Charlotte Global Advisors and Principal Guard, LLC. Mr. Ladner helped to launch an equity index volatility and dispersion trading unit at PEΔK6 Investments in Chicago, a proprietary listed option and volatility trading firm. Previously at First Union/Wachovia, Mr. Ladner founded and ran the equity swap and forwards portfolio while also managing equity option and volatility portfolios. He also co-founded and managed the Risk Arbitrage and Special Situations portfolio.Mr. Ladner then managed the swaption and cap/floor portion of the bank’s interest rate derivatives portfolio. Mr. Ladner received his BA in Economics and Russian Language & Literature from the University of North Carolina at Chapel Hill.

Michael Dickson


Start Date

Tenure

Tenure Rank

Apr 06, 2020

0.48

0.5%

Dr. Dickson serves as Head of Portfolio Management and in this role oversees all investment strategies managed by Horizon. He also conducts research on the development of quantitative methods and strategies that support Horizon’s investment process and new product development. His research is published in scholarly journals and he frequently speaks on these topics at industry conferences. In previous roles at Horizon, he served as Director of Structured Financial Solutions and as a portfolio manager with an emphasis on retirement income and protection strategies. Dr. Dickson specializes in the areas of empirical asset pricing, portfolio construction, and factor models. Both during and after his Ph.D. studies he taught undergraduate and graduate school coursework in finance and portfolio management at UNC Charlotte. Prior to earning his Ph.D. he worked in financial analysis support roles at Premier, Inc. and Global Compliance. Dr. Dickson received his BS in Chemistry from Winthrop University and both an MS in Economics and Ph.D. in Finance from UNC Charlotte.

Steven Clark


Start Date

Tenure

Tenure Rank

Apr 06, 2020

0.48

0.5%

Dr. Clark serves as Managing Director of Structured Financial Solutions for Horizon. He is also an Associate Professor of Finance at UNC Charlotte, where he conducts research in the areas of mathematical finance, derivative securities, asset pricing, and financial econometrics. His work at Horizon focuses on volatility forecasting models, dynamic factor models, and other quantitative methods. He has a Ph.D. in Mathematical Sciences (with a concentration in applied probability and stochastic modeling) and a Ph.D. in Applied Economics (with a concentration in financial economics), both from Clemson University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 36.78 6.12 4.12