HSMV vs IVOV
First Trust Horizon Managed Volatility Small/Mid ETF against Vanguard S&P Mid-Cap 400 Value ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
24%
79 shared positions
Fee gap
70 bp
IVOV is cheaper
1-year return gap
8.7 pts
IVOV is ahead
Larger fund
IVOV
$1.3B
Side by side
| HSMV | IVOV | |
|---|---|---|
| Fund | First Trust Horizon Managed Volatility Small/Mid ETF | Vanguard S&P Mid-Cap 400 Value ETF |
| Issuer | First Trust | Vanguard |
| Category | Low Volatility | Mid Cap Value |
| Expense ratio | 0.80% | 0.10% |
| Assets | $5.3M | $1.3B |
| Average daily dollar volume | $54K | $4.4M |
| Listed | Apr 6, 2020 | Sep 7, 2010 |
| FrenzyCap score | 22 | 78 |
| 1-month return | −6.3% | −2.2% |
| 3-month return | −8.1% | −3.8% |
| Year to date | −0.6% | +7.8% |
| 1-year return | −1.4% | +7.3% |
| 30-day volatility | 11.8% | 11.1% |
| Worst drawdown, 1 year | −11.6% | −10.6% |
| Trailing 12-month yield | 4.59% | 1.69% |
| Holdings | 151 | 306 |
| Top 10 weight | 16.4% | 10.2% |
| Look-through P/E | 16.5 | 20.9 |
| Holdings vs fair value | +18.2% | +16.8% |
| Holdings above 200-day average | 30% | 42% |
| Net flow, latest 3 reported months | +$3.7M thru Jul 2026 | +$35M thru May 2026 |
| 30-day implied volatility | — | 15.8% |
| Holdings as of | as of Apr 30, 2026SEC filing | as of May 31, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
57% of HSMV · 27% of IVOV| Holding | HSMV | IVOV |
|---|---|---|
| RS | 1.14% | 1.18% |
| NLY | 1.06% | 0.93% |
| BJ | 0.69% | 0.66% |
| ARW | 0.82% | 0.65% |
| CCK | 0.77% | 0.63% |
| OGE | 2.08% | 0.58% |
| RPM | 0.86% | 0.48% |
| UNM | 0.47% | 0.75% |
| WPC | 1.10% | 0.46% |
| RGA | 0.45% | 0.78% |
| FNF | 0.44% | 0.72% |
| ATR | 0.89% | 0.44% |
| GLPI | 0.65% | 0.43% |
| CBSH | 0.58% | 0.42% |
| AVT | 0.86% | 0.42% |
| PB | 0.46% | 0.41% |
| CLH | 0.81% | 0.41% |
| FAF | 0.43% | 0.40% |
| INGR | 1.83% | 0.38% |
| GGG | 1.29% | 0.36% |
| OHI | 0.36% | 0.38% |
| STWD | 1.63% | 0.35% |
| ELS | 0.91% | 0.35% |
| KRG | 0.35% | 0.35% |
| ACI | 0.65% | 0.34% |
Sector mix of the stock holdings
| Sector | HSMV | IVOV | Gap |
|---|---|---|---|
| Industrials | 15.8% | 22.6% | −6.8% |
| Financials | 15.2% | 20.9% | −5.7% |
| Real Estate | 23.8% | 9.4% | +14.4% |
| Utilities | 15.5% | 4.8% | +10.7% |
| Consumer Discretionary | 7.9% | 12.0% | −4.0% |
| Materials | 8.3% | 9.7% | −1.4% |
| Consumer Staples | 4.8% | 4.1% | +0.6% |
| Technology | 0.0% | 7.3% | −7.3% |
| Health Care | 4.8% | 2.2% | +2.7% |
| Energy | 0.0% | 5.7% | −5.7% |
| Communication Services | 0.9% | 0.1% | +0.7% |
| Other | 0.0% | 0.6% | −0.6% |
More: full overlap table · HSMV holdings · IVOV holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.