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HSMV - ETF AI Analysis
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First Trust Horizon Managed Volatility Small/Mid ETF (HSMV)
Rating:71Outperform
Price Target:―
Positive Factors
Broad Sector Mix
The fund spreads its investments across many sectors, which can help reduce the impact if any one industry struggles.
Generally Strong Top Holdings
Most of the largest positions have shown positive year-to-date performance, providing a supportive base for the ETF’s returns.
Positive Recent Performance
The ETF has delivered steady gains over the past month, three months, and year-to-date, indicating recent upward momentum.
Negative Factors
High Expense Ratio
The fund’s relatively high fee means more of the returns go to costs instead of staying in investors’ pockets.
Heavy U.S. Concentration
With almost all assets in U.S. companies, the ETF offers little geographic diversification and is highly tied to the U.S. market.
Small Asset Base
The fund manages a modest amount of assets, which can sometimes lead to lower trading volume and wider bid-ask spreads for investors.
HSMV vs. SPDR S&P 500 ETF (SPY)
AUM29.27M
RegionNorth America
Expense Ratio0.80%
Beta0.53
IssuerFirst Trust
Inception DateApr 06, 2020
Dividend Yield1.95%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,889
30 Day Avg. Volume1,853
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
41.41Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering150
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
HSMV Summary
The First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) invests in smaller and mid-sized U.S. companies and does not track a specific index. It focuses on many sectors, with larger weights in real estate, financials, and utilities, and aims to smooth out big price swings through a “managed volatility” approach. Well-known holdings include Annaly Capital and Starwood Property. Someone might invest in this ETF to seek long-term growth and diversification beyond large, well-known stocks. A key risk is that small and mid-sized company shares can still be volatile and can go up or down significantly with the market.
How much will it cost me?The expense ratio for the First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) is 0.8%, which means you’ll pay $8 per year for every $1,000 invested. This is higher than average because the fund is actively managed, focusing on small and mid-cap companies with a managed volatility strategy that requires more oversight and research.
What would affect this ETF?The HSMV ETF, focused on small and mid-cap U.S. companies, could benefit from economic growth and innovation in sectors like real estate and financials, which make up a significant portion of its holdings. However, it may face challenges from rising interest rates, which can negatively impact real estate and utilities, or economic slowdowns that could affect smaller companies more severely. Regulatory changes in key sectors or shifts in consumer behavior could also influence its performance.
HSMV Top 10 Holdings
HSMV is leaning heavily into steady, U.S.-based small and mid-cap “sleep-well-at-night” names, with real estate and utilities setting the tone. Defensive plays like New Jersey Resources, OGE Energy, and IdaCorp have been quietly rising, giving the fund a solid backbone, while industrial names such as MSA Safety and Graco are adding a bit more punch with stronger momentum. On the flip side, Ellington Financial has been lagging and Starwood Property feels stuck in neutral, slightly tugging on returns but not derailing this broadly diversified, income-tilted lineup.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| OGE Energy | 2.16% | $632.56K | $9.97B | 7.30% | 67 Neutral | |
| Phillips Edison & Company | 2.07% | $606.10K | $5.29B | 9.65% | 75 Outperform | |
| Ingredion | 1.93% | $564.23K | $7.07B | -14.44% | 65 Neutral | |
| Starwood Property | 1.61% | $471.64K | $6.51B | -11.79% | 62 Neutral | |
| IdaCorp | 1.58% | $460.92K | $7.82B | 22.79% | 64 Neutral | |
| NNN REIT | 1.56% | $455.55K | $8.55B | 6.36% | 78 Outperform | |
| Agree Realty | 1.49% | $437.10K | $9.51B | 3.02% | 75 Outperform | |
| Graco | 1.47% | $430.04K | $14.49B | 4.45% | 78 Outperform | |
| Four Corners Property | 1.47% | $429.19K | $2.81B | -8.40% | 71 Outperform | |
| Ellington Financial | 1.44% | $420.82K | $1.47B | -11.94% | 72 Outperform |
HSMV Technical Analysis
Neutral
―
Price Trends
37.21
Negative
36.38
Positive
36.00
Positive
Market Momentum
-0.18
Positive
35.06
Neutral
4.01
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For HSMV, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 37.68, equal to the 50-day MA of 37.21, and equal to the 200-day MA of 36.00, indicating a neutral trend. The MACD of -0.18 indicates Positive momentum. The RSI at 35.06 is Neutral, neither overbought nor oversold. The STOCH value of 4.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HSMV.
HSMV Peer Comparison
Comparison Results
Performance Comparison
HSMV
First Trust Horizon Managed Volatility Small/Mid ETF
36.70
1.63
4.65%
OASC
OneAscent Small Cap Core ETF
―
―
―
SMOX
Horizon Small/Mid Cap Core Equity ETF
―
―
―
ASCE
Allspring SMID Core ETF
―
―
―
MYLD
Cambria Micro and SmallCap Shareholder Yield ETF
―
―
―
SAEF
Schwab Ariel ESG ETF
―
―
―
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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