HSMV vs SIXL
First Trust Horizon Managed Volatility Small/Mid ETF against ETC 6 Meridian Low Beta Equity ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
25%
71 shared positions
Fee gap
34 bp
SIXL is cheaper
1-year return gap
5.9 pts
SIXL is ahead
Larger fund
SIXL
$198M
Side by side
| HSMV | SIXL | |
|---|---|---|
| Fund | First Trust Horizon Managed Volatility Small/Mid ETF | ETC 6 Meridian Low Beta Equity ETF |
| Issuer | First Trust | Exchange Traded Concepts |
| Category | Low Volatility | Low Volatility |
| Expense ratio | 0.80% | 0.46% |
| Assets | $5.3M | $198M |
| Average daily dollar volume | $54K | $94K |
| Listed | Apr 6, 2020 | May 11, 2020 |
| FrenzyCap score | 22 | 44 |
| 1-month return | −6.3% | −1.7% |
| 3-month return | −8.1% | −3.6% |
| Year to date | −0.6% | +6.1% |
| 1-year return | −1.4% | +4.5% |
| 30-day volatility | 11.8% | 9.3% |
| Worst drawdown, 1 year | −11.6% | −8.9% |
| Trailing 12-month yield | 4.59% | 2.21% |
| Holdings | 151 | 241 |
| Top 10 weight | 16.4% | 5.5% |
| Look-through P/E | 16.5 | 18.5 |
| Holdings vs fair value | +18.2% | +17.4% |
| Holdings above 200-day average | 30% | 37% |
| Net flow, latest 3 reported months | +$3.7M thru Jul 2026 | +$539 thru May 2026 |
| 30-day implied volatility | — | — |
| 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
53% of HSMV · 30% of SIXL| Holding | HSMV | SIXL |
|---|---|---|
| NEU | 0.76% | 0.52% |
| MSGS | 0.68% | 0.51% |
| EFC | 1.57% | 0.48% |
| EIG | 0.46% | 0.46% |
| HMN | 0.80% | 0.45% |
| THG | 1.03% | 0.45% |
| CHCO | 1.02% | 0.45% |
| AVA | 0.96% | 0.45% |
| PECO | 2.11% | 0.44% |
| WPC | 1.10% | 0.44% |
| NJR | 1.01% | 0.44% |
| RDN | 0.48% | 0.43% |
| CDP | 0.59% | 0.43% |
| NNN | 1.46% | 0.43% |
| DTM | 1.30% | 0.43% |
| IDA | 1.56% | 0.43% |
| UVV | 0.97% | 0.42% |
| EHC | 0.94% | 0.42% |
| SWX | 0.48% | 0.42% |
| LTC | 0.85% | 0.42% |
| OGE | 2.08% | 0.42% |
| FCPT | 1.42% | 0.42% |
| INVA | 0.71% | 0.42% |
| FAF | 0.43% | 0.41% |
| GLPI | 0.65% | 0.41% |
Sector mix of the stock holdings
| Sector | HSMV | SIXL | Gap |
|---|---|---|---|
| Real Estate | 23.8% | 13.6% | +10.2% |
| Utilities | 15.5% | 16.4% | −0.9% |
| Financials | 15.2% | 12.4% | +2.8% |
| Industrials | 15.8% | 5.9% | +9.9% |
| Consumer Staples | 4.8% | 13.2% | −8.4% |
| Consumer Discretionary | 7.9% | 9.1% | −1.2% |
| Health Care | 4.8% | 11.6% | −6.8% |
| Materials | 8.3% | 2.7% | +5.6% |
| Communication Services | 0.9% | 2.1% | −1.2% |
| Technology | 0.0% | 1.7% | −1.7% |
| Energy | 0.0% | 0.3% | −0.3% |
More: full overlap table · HSMV holdings · SIXL 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.