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HSMV · First Trust Horizon Managed Volatility Small/Mid ETF

Equity fundActively managed0.80% fee$5mSince Apr 7, 2020Fund page at the issuer ↗SEC filings ↗
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HSMV is actively managed and returned +2.9% over the past year.

+2.9%
Total return, 1 year
0.80%
Expense ratio
151
Holdings
−8.2%
Below its high
WindowTotal returnS&P 500Gap to S&P 500Gap to Nasdaq-100
3M Jul 2 – Oct 2, 2026−5.2%+3.6%−8.8 pts−10.5 pts
6M Apr 2 – Oct 2, 2026+0.5%+17.9%−17.4 pts−27.9 pts
1Y Oct 2, 2025 – Oct 2, 2026+2.9%+16.2%−13.4 pts−21.5 pts
3Y Oct 3, 2023 – Oct 2, 2026+33.5%+89.3%−55.8 pts−81.2 pts
Since listing Apr 7, 2020 – Oct 2, 2026+88.2%+217.5%−129.3 pts−208.4 pts

HSMV over each window to Oct 2, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.

HSMV top ten by weight, 16.1% of its 151 equity positions, from the holdings published by its issuer for Oct 2, 2026. An index fund holds what the index holds, so this is the index. Source: the issuer’s own daily file.

Ingredion Incorporated INGR 2.26%
Dolby Laboratories, Inc. DLB 2.05%
Phillips Edison & Company, Inc. PECO 1.63%
Antero Midstream Corp. AM 1.62%
Balchem Corporation BCPC 1.56%
Graco Inc. GGG 1.47%
Ellington Financial Inc. EFC 1.44%
DT Midstream, Inc. DTM 1.41%
Starwood Property Trust, Inc. STWD 1.36%
Innospec Inc. IOSP 1.35%
Holdings, the issuer’s own daily file ↗
Head to head
Funds near this one
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In plain words

HSMV is actively managed and tracks no index. Over the year to Oct 2, 2026 it returned +2.9% with distributions reinvested, against +16.2% for the S&P 500 and +24.3% for the Nasdaq-100. The prospectus expense ratio is 0.80% a year. By its holdings published by its issuer for Oct 2, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 151 positions, with the top ten at 16.1%. It sat 8.2% below its high of Jul 28, 2026 on Oct 2, 2026.
What it tracksNo index, actively managed
Fund typeEquity fund
Category (ETFIQ)Stocks · U.S. mid-cap value
Expense ratio (485BPOS XBRL, Nov 28, 2025)0.80%
Price$35.53
Listed sinceApr 7, 2020
Net assets (issuer page, as of Oct 2, 2026)$5m
Below its high (ETFIQ)−8.2%
Holdings151
Top ten weight16.1%
Holdings published for (the issuer’s daily file)Oct 2, 2026
Already in the S&P 500, by weight (ETFIQ)0.2%
Active share vs the S&P 500 (ETFIQ)99.9%
Already in the Nasdaq-100, by weight (ETFIQ)0.0%
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

Questions people ask about HSMV

How has HSMV performed?
Over the year to Oct 2, 2026, HSMV returned +2.9% with distributions reinvested, against +16.2% for the S&P 500. Over three years the figure is +33.5%.
What does HSMV cost?
The prospectus expense ratio is 0.80% a year.
What does HSMV hold?
151 positions as published by its issuer for Oct 2, 2026, with the top ten at 16.1% of the fund. 0% of its weight is in stocks the S&P 500 also holds.
How far is HSMV below its high?
8.2% below its high of Jul 28, 2026, measured on the reinvested series to Oct 2, 2026.
Sources and dates
Prices, HSMV and S&P 500Tiingo end-of-day · Oct 2, 2026
Fee, 0.80%Prospectus filing with the expense ratio (SEC) ↗
Net assets, $5mIssuer page · Oct 2, 2026
HoldingsHoldings, the issuer’s own daily file · Oct 2, 2026 ↗
IssuerFirst Trust page for HSMV ↗
All fund filingsFund filings on SEC EDGAR ↗
SourceFirst Trust’s own site ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

ETFIQ covers core, leveraged and inverse, buffer, thematic, option-income, alternatives and spot crypto ETFs. This fund is here because the other funds here are measured against it and portfolios hold it. ETFIQ is an independent publisher and makes no recommendations. Standards and sources

How these figures are computed →Standards and sources →Open data →
Cite this page

ETFIQ, HSMV, core fund, data as of Oct 2, 2026. https://etfiq.com/funds/hsmv

Free to use with attribution; the underlying files are at Open data.

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