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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
Strong Sector Diversification
The ETF is spread across 11 sectors, reducing the risk of a downturn in any single industry.
Steady Holdings Performance
Several top holdings, such as IdaCorp and OGE Energy, have shown strong year-to-date gains, supporting the fund’s overall performance.
Managed Volatility Strategy
The fund’s focus on small and mid-cap stocks with managed volatility may appeal to investors seeking stability in this market segment.
Negative Factors
High Expense Ratio
The ETF charges a relatively high expense ratio compared to many other funds, which could eat into investor returns over time.
Weak Recent Performance
The fund has struggled in the short term, with negative returns over the past month and three months.
Overwhelming U.S. Exposure
With nearly all assets concentrated in U.S. companies, the fund lacks geographic diversification and is vulnerable to domestic market risks.
HSMV vs. SPDR S&P 500 ETF (SPY)
AUM28.76M
RegionNorth America
Expense Ratio0.80%
Beta0.52
IssuerFirst Trust
Inception DateApr 06, 2020
Dividend Yield1.97%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,689
30 Day Avg. Volume1,602
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
41.10Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering151
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
HSMV Summary
The First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) is an investment fund that focuses on small and mid-sized companies in the U.S., offering a mix of growth potential and risk management. It includes businesses like Innoviva and Post Holdings, and covers sectors such as real estate, financials, and utilities. This ETF is designed for investors who want diversification and exposure to smaller companies that may have room to grow, while aiming to reduce risk through a managed volatility strategy. However, new investors should be aware that small and mid-sized companies can be more volatile, which means the value of the ETF can go up and down significantly with market changes.
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
The HSMV ETF leans heavily into real estate and financial sectors, with names like Ellington Financial and Gaming and Leisure playing pivotal roles. Ellington is rising steadily, buoyed by strong earnings, while Gaming and Leisure is lagging due to bearish momentum despite solid fundamentals. Utilities stocks like IdaCorp provide a steady lift, but consumer-focused holdings such as Ingredion are dragging the fund with mixed performance and operational challenges. With its U.S.-centric focus, the fund’s small and mid-cap tilt offers innovation and growth potential, though sector concentration may amplify volatility.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Ellington Financial | 1.69% | $491.86K | $1.53B | 13.00% | 72 Outperform | |
| Gaming and Leisure | 1.57% | $456.49K | $12.68B | -1.75% | 72 Outperform | |
| New Jersey Resources | 1.57% | $455.64K | $4.69B | 2.92% | 64 Neutral | |
| Four Corners Property | 1.55% | $450.96K | $2.54B | -8.91% | 71 Outperform | |
| Starwood Property | 1.53% | $445.15K | $6.75B | -0.92% | 62 Neutral | |
| OGE Energy | 1.51% | $439.91K | $8.78B | 7.42% | 67 Neutral | |
| IdaCorp | 1.41% | $408.13K | $6.89B | 19.63% | 64 Neutral | |
| Annaly Capital | 1.36% | $394.63K | $15.89B | 28.22% | 63 Neutral | |
| Ingredion | 1.31% | $380.51K | $7.17B | -13.68% | 65 Neutral | |
| Graco | 1.28% | $372.96K | $14.12B | 5.79% | 78 Outperform |
HSMV Technical Analysis
Positive
―
Price Trends
35.59
Positive
35.74
Positive
35.38
Positive
Market Momentum
0.13
Negative
61.94
Neutral
85.43
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For HSMV, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 35.94, equal to the 50-day MA of 35.59, and equal to the 200-day MA of 35.38, indicating a bullish trend. The MACD of 0.13 indicates Negative momentum. The RSI at 61.94 is Neutral, neither overbought nor oversold. The STOCH value of 85.43 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HSMV.
HSMV Peer Comparison
Comparison Results
Performance Comparison
HSMV
First Trust Horizon Managed Volatility Small/Mid ETF
36.39
1.91
5.54%
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
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―
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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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