HSMV vs SMMV
First Trust Horizon Managed Volatility Small/Mid ETF against iShares MSCI USA Small-Cap Min Vol Factor ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
31%
86 shared positions
Fee gap
60 bp
SMMV is cheaper
1-year return gap
7.6 pts
SMMV is ahead
Larger fund
SMMV
$275M
Side by side
| HSMV | SMMV | |
|---|---|---|
| Fund | First Trust Horizon Managed Volatility Small/Mid ETF | iShares MSCI USA Small-Cap Min Vol Factor ETF |
| Issuer | First Trust | iShares |
| Category | Low Volatility | Low Volatility |
| Expense ratio | 0.80% | 0.20% |
| Assets | $5.4M | $275M |
| Average daily dollar volume | $47K | $520K |
| Listed | Apr 6, 2020 | Sep 7, 2016 |
| FrenzyCap score | 22 | 64 |
| 1-month return | −3.2% | +1.7% |
| 3-month return | −7.3% | −0.4% |
| Year to date | +0.8% | +6.5% |
| 1-year return | −0.3% | +7.2% |
| 30-day volatility | 12.9% | 9.0% |
| Worst drawdown, 1 year | −11.6% | −7.5% |
| Trailing 12-month yield | 4.53% | 1.59% |
| Holdings | 151 | 362 |
| Top 10 weight | 16.2% | 12.4% |
| Look-through P/E | 16.7 | 24.8 |
| Holdings vs fair value | +13.2% | +17.0% |
| Holdings above 200-day average | 46% | 56% |
| Net flow, latest 3 reported months | +$3.7M thru Jul 2026 | −$7.0M thru Jul 2026 |
| 30-day implied volatility | — | — |
| Holdings as of | as of Oct 20, 2026issuer data | as of Oct 20, 2026issuer data |
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
67% of HSMV · 39% of SMMV| Holding | HSMV | SMMV |
|---|---|---|
| OGE | 1.35% | 1.17% |
| ADC | 1.13% | 1.22% |
| SCI | 1.12% | 1.10% |
| BJ | 1.08% | 1.05% |
| IDA | 1.03% | 1.15% |
| CHE | 0.98% | 1.01% |
| MSGS | 1.01% | 0.97% |
| ENSG | 0.98% | 0.88% |
| INGR | 2.26% | 0.86% |
| EHC | 1.04% | 0.83% |
| AM | 1.61% | 0.77% |
| DTM | 1.41% | 0.76% |
| NNN | 1.12% | 0.76% |
| FCN | 0.96% | 0.69% |
| ELS | 0.67% | 0.96% |
| GNTX | 1.02% | 0.64% |
| PECO | 1.62% | 0.63% |
| GGG | 1.50% | 0.62% |
| DLB | 2.14% | 0.57% |
| BCPC | 1.58% | 0.53% |
| THG | 0.52% | 1.22% |
| POR | 0.82% | 0.49% |
| MSA | 1.08% | 0.48% |
| DCI | 0.99% | 0.47% |
| POST | 1.02% | 0.46% |
Sector mix of the stock holdings
| Sector | HSMV | SMMV | Gap |
|---|---|---|---|
| Real Estate | 20.6% | 11.4% | +9.3% |
| Financials | 19.3% | 12.0% | +7.2% |
| Utilities | 16.3% | 10.0% | +6.3% |
| Industrials | 12.7% | 12.0% | +0.7% |
| Health Care | 6.1% | 16.2% | −10.2% |
| Consumer Discretionary | 8.5% | 10.9% | −2.4% |
| Consumer Staples | 6.0% | 6.6% | −0.6% |
| Materials | 9.1% | 2.7% | +6.4% |
| Technology | 0.0% | 9.1% | −9.1% |
| Energy | 0.0% | 4.7% | −4.7% |
| Communication Services | 0.0% | 2.9% | −2.9% |
| Other | 0.0% | 0.5% | −0.5% |
More: full overlap table · HSMV holdings · SMMV 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.