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

Key Metrics

TER 0.80% per year

Distribution policy Distributing

Fund size USD 30 M

Inception date April 6, 2020

Holdings 151

Fund currency USD

Fund domicile US

Provider First Trust

For full official fund details, factsheets, and holdings, visit ftportfolios.com (opens in new tab).

Historical Return

Last updated: Jul 15, 2026

1 Year +8.4% +1.9% Div

3 Years (avg.) +6.9% +1.9% Div

5 Years (avg.) +3.5% +1.9% Div

Risk & Analysis Metrics

Last updated: Jul 15, 2026

Volatility

10.03% 1 Year

12.56% 3 Years

14.63% 5 Years

15.53% 10 Years

Max Drawdown

-7.83% 1 Year

-16.31% 3 Years

-19.84% 5 Years

-19.84% 10 Years

Sharpe Ratio

0.34 1 Year

0.22 3 Years

0.00 5 Years

0.38 10 Years

Return Triangle (Heatmap)

Last updated: Jul 15, 2026

	2020	2021	2022	2023	2024	2025
2020	29.6%	26.8%	12.8%	10.4%	10.7%	8.9%
2021		24.1%	5.3%	4.6%	6.4%	5.1%
2022			-10.7%	-3.9%	1.1%	0.9%
2023				3.3%	7.6%	5.1%
2024					12.0%	5.9%
2025						0.2%

Distributions

*by ETF Portfolio Weight Last updated: Jul 15, 2026

Profit Margin Distribution

< 0%

1y 3y N/A N/A

0 - 5%

13%

1y 3y N/A N/A

5 - 10%

20%

1y 3y N/A N/A

10 - 15%

20%

1y 3y N/A N/A

15 - 20%

10%

1y 3y N/A N/A

20 - 30%

12%

1y 3y N/A N/A

30 - 40%

11%

1y 3y N/A N/A

> 40%

12%

1y 3y N/A N/A

P/E Ratio Distribution

< 0

1y 3y N/A N/A

0 - 10

12%

1y 3y N/A N/A

10 - 15

19%

1y 3y N/A N/A

15 - 20

23%

1y 3y N/A N/A

20 - 25

20%

1y 3y N/A N/A

25 - 35

17%

1y 3y N/A N/A

35 - 50

1y 3y N/A N/A

> 50

1y 3y N/A N/A

Discounted Cash Flow

Weighted Average Undervaluation

N/A

Undervalued

> 60%

1y 3y N/A N/A

45 - 60%

1y 3y N/A N/A

30 - 45%

1y 3y N/A N/A

15 - 30%

1y 3y N/A N/A

Fair (±15%)

1y 3y N/A N/A

Overvalued

15 - 30%

1y 3y N/A N/A

30 - 45%

1y 3y N/A N/A

45 - 60%

1y 3y N/A N/A

> 60%

1y 3y N/A N/A

Market Cap Size Distribution

Micro Cap

0.0%

1y 3y N/A N/A

Small Cap

8.9%

1y 3y N/A N/A

Mid Cap

64.2%

1y 3y N/A N/A

Large Cap

26.9%

1y 3y N/A N/A

Mega Cap

0.0%

1y 3y N/A N/A

Micro: < $300M Small: $300M–$2B Mid: $2B–$10B Large: $10B–$200B Mega: > $200B

Portfolio Concentration

*by ETF Portfolio Weight Last updated: Jul 15, 2026

9.3% Top 5 Holdings

16.5% Top 10 Holdings

55.4% Top 50 Holdings

87.6% Top 100 Holdings

Top 5 Companies

PECO Phillips Edison & Company Inc

2.1%

OGE Oge Energy Corp.

2.1%

INGR Ingredion Inc

1.8%

STWD Starwood Property Trust Inc

1.6%

EFC Ellington Financial Inc

1.6%

Latest News

No news available for this ETF yet.

Average metrics of all companies in portfolio

Last updated: Jul 19, 2026

Market
Average

Market Cap The market value of the company. It's calculated by multiplying the share price by the number of outstanding shares.	$7.23B	-
Dividend Yield Yearly payout to shareholders per share. The percentage indicates the payout in relation to the share price.	2.17%	2.03%
Beta Indicates the relationship between the price performance of a share and the market.	0.73	-
P/E Ratio Ratio between share price and earnings per share. A low ratio could indicate that the stock is undervalued or investors aren't expecting high growth. A high ratio could indicate that the stock is overvalued or investors are expecting high growth.	21.9	28.84
Negative P/E Ratio a negative P/E ratio shows that the company is not profitable, and it shows how many years it would take the company to lose its entire market capitalisation if it did not change anything	-35.53	-
Profitable Companies	99%	-
PEG The ratio between the P/E ratio and the growth rate of the company's earnings per share in the last twelve months. A lower PEG could mean that a stock is undervalued.	26.84	18.09
Price to Sales Ratio Market cap divided by the revenue in the most recent year.	4.34	8.08
Price to Book Ratio Price to Book Ratio is the Market cap divided by the Book value of the company	2.53	10.33

Market
Average

Enterprise Value to EBIT Enterprise Value divided by EBIT	17.26	19.5
Enterprise Value to Revenue Enterprise value divided by revenue	5.72	8.09
Total Debt to Enterprise Value Total debt divided by enterprise value	0.25	0.04
Debt to Equity A higher ratio indicates a higher risk. However, the ratio is difficult to compare between industries where common amounts of debt vary.	1.36	0.27
Profit Margin Net income divided by revenue of the last 4 quarters. It indicates the company's profitability.	18.80%	20.92%
Quarterly Earnings Growth (YoY) The rate at which the company's net income has increased to the same quarter one year ago.	+14.3%	-113.9%
Return on Equity Equity divided by market cap.	14.39%	2.94%
Return on Assets Indicates a company's profitability in relation to its total assets.	5.69%	4.11%
Return on Invested Capital Return on invested capital (ROIC) is net income after dividends divided by the sum of debt and equity. It shows how effective a company is at turning capital invested by shareholders and other debtholders into profits.	7.59%	3.71%

Limit holdings to companies in a single sector.

$0B >$1T

Ratio between share price and earnings per share. A low ratio could indicate undervaluation.

<0 >50

Ratio of dividends in the last 12 months to current share price.

0% 3%

Revenue increase compared to the same quarter one year ago.

0% 30%

Net income increase compared to the same quarter one year ago.

0% 30%

Profitability of the last quarter.

<-30% >30%

A higher ratio indicates a higher risk. The ratio is difficult to compare between industries.

<0 >3

Discounted cash flow valuation vs. current price. Positive = undervalued, negative = overvalued.

<-50% >+100%

Market Cap

P/E Ratio

Total Investment

Weight

Phillips Edison & Company Inc - Ordinary Shares - New

PECO - Finance and Insurance

Market Cap $5.54B

P/E Ratio 47.8

Dividends 2.7%

Total Investment $640.47K

Weight 2.11%

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Oge Energy Corp.

OGE - Utilities

Market Cap $10.05B

P/E Ratio 21.5

Dividends 3.5%

Total Investment $633.52K

Weight 2.08%

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Ingredion Inc

INGR - Manufacturing

Market Cap $6.47B

P/E Ratio 9.7

Dividends 3.2%

Total Investment $557.36K

Weight 1.83%

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Starwood Property Trust Inc

STWD - Finance and Insurance

Market Cap $6.3B

P/E Ratio 16.3

Dividends 11.3%

Total Investment $496.2K

Weight 1.63%

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Ellington Financial Inc

EFC - Finance and Insurance

Market Cap $1.45B

P/E Ratio 8.2

Dividends 11.5%

Total Investment $478.23K

Weight 1.57%

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Idacorp, Inc.

IDA - Utilities

Market Cap $8.24B

P/E Ratio 24.3

Dividends 2.4%

Total Investment $474.84K

Weight 1.56%

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NNN REIT Inc

NNN - Finance and Insurance

Market Cap $9.43B

P/E Ratio 24.1

Dividends 4.8%

Total Investment $443.2K

Weight 1.46%

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Four Corners Property Trust Inc

FCPT - Real Estate and Rental and Leasing

Market Cap $2.89B

P/E Ratio 23.5

Dividends 5.5%

Total Investment $431.42K

Weight 1.42%

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Agree Realty Corp.

ADC - Finance and Insurance

Market Cap $9.74B

P/E Ratio 43.6

Dividends 3.9%

Total Investment $428.89K

Weight 1.41%

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GATX Corp.

GATX - Real Estate and Rental and Leasing

Market Cap $6.34B

P/E Ratio 19.1

Dividends 1.4%

Total Investment $398.11K

Weight 1.31%

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DT Midstream Inc

DTM - Transportation and Warehousing

Market Cap $14.8B

P/E Ratio 31.9

Dividends 2.3%

Total Investment $393.65K

Weight 1.30%

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Graco Inc.

GGG - Manufacturing

Market Cap $12.38B

P/E Ratio 23.9

Dividends 1.5%

Total Investment $391.96K

Weight 1.29%

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ONE Gas Inc

OGS - Utilities

Market Cap $5B

P/E Ratio 17.9

Dividends 3.4%

Total Investment $359.11K

Weight 1.18%

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Antero Midstream Corp

AM - Transportation and Warehousing

Market Cap $10.73B

P/E Ratio 26.3

Dividends 4.0%

Total Investment $353.37K

Weight 1.16%

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Service Corp. International

SCI - Other Services (except Public Administration)

Market Cap $10.86B

P/E Ratio 17.6

Dividends 1.7%

Total Investment $347.7K

Weight 1.14%

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Reliance Inc.

RS - Manufacturing

Market Cap $20.21B

P/E Ratio 25.7

Dividends 1.2%

Total Investment $345.46K

Weight 1.14%

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W. P. Carey Inc

WPC - Finance and Insurance

Market Cap $16.9B

P/E Ratio 32.4

Dividends 4.9%

Total Investment $333.58K

Weight 1.10%

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Monarch Casino & Resort, Inc.

MCRI - Arts, Entertainment, and Recreation

Market Cap $2.18B

P/E Ratio 20.4

Dividends 1.0%

Total Investment $333.52K

Weight 1.10%

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Annaly Capital Management Inc

NLY - Finance and Insurance

Market Cap $16.86B

P/E Ratio 7.7

Dividends 12.4%

Total Investment $323.58K

Weight 1.06%

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Granite Construction Inc.

GVA - Construction

Market Cap $5.43B

P/E Ratio 29.3

Dividends 0.4%

Total Investment $321.02K

Weight 1.06%

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United States	96.9%
Bermuda	2.1%
Sweden	0.9%
Other	0.1%

Finance and Insurance	36.7%
Manufacturing	23.7%
Utilities	12.1%
Real Estate and Rental and Leasing	4.8%
Professional, Scientific, and Technical Services	3.1%
Transportation and Warehousing	2.5%
Health Care and Social Assistance	2.3%
Retail Trade	2.3%
Construction	1.9%
Arts, Entertainment, and Recreation	1.8%
Wholesale Trade	1.7%
Other Services (except Public Administration)	1.1%
Information	0.9%
Agriculture, Forestry, Fishing and Hunting	0.8%
Mining, Quarrying, and Oil and Gas Extraction	0.8%
Administrative and Support and Waste Management and Remediation Services	0.7%
Educational Services	0.6%
Financial Services	0.5%
Real Estate	0.2%
Other	1.5%

Key Metrics

Compare similar ETFs

Historical Return

Risk & Analysis Metrics

Volatility

Max Drawdown

Sharpe Ratio

Return Triangle (Heatmap)

Distributions

Profit Margin Distribution

P/E Ratio Distribution

Discounted Cash Flow

Market Cap Size Distribution

Portfolio Concentration

Latest News

Average metrics of all companies in portfolio

Sectors

Countries