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First Trust Horizon Managed Vol S/M ETF HSMV

Morningstar Medalist Rating
Medalist Rating as of | See First Trust Investment Hub

Morningstar’s Analysis HSMV

Will HSMV outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable HSMV’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the HSMV management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of HSMV’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in First Trust Horizon Managed Vol S/ M ETF's People and Process Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings HSMV

More HSMV Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 6.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

EMCOR Group Inc

0.83 149,789
Industrials

Texas Roadhouse Inc

0.69 124,624
Consumer Cyclical

Tennant Co

0.67 121,299
Industrials

Kirby Corp

0.67 120,553
Industrials

Neurocrine Biosciences Inc

0.67 120,487
Healthcare

Encompass Health Corp

0.65 118,404
Healthcare

MDU Resources Group Inc

0.65 118,240
Industrials

BWX Technologies Inc

0.64 115,804
Industrials

CommVault Systems Inc

0.63 114,163
Technology

Post Holdings Inc

0.63 114,100
Consumer Defensive