HSMV - ETF AI Analysis
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First Trust Horizon Managed Volatility Small/Mid ETF (HSMV)
Rating:71Outperform
Price Target:―
Positive Factors
Solid Recent Performance
The ETF has shown steady gains so far this year and in recent months, indicating positive momentum.
Strong Top Holdings
Several of the largest positions, including utilities and real estate names, have delivered strong year-to-date results that support the fund’s overall performance.
Broad Sector Diversification
Holdings spread across real estate, financials, industrials, utilities, and other sectors help reduce the impact if any one industry struggles.
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. economy.
Exposure to Some Weak Holdings
At least one of the top positions has shown weak year-to-date performance, which can drag on the fund if that trend continues.
HSMV vs. SPDR S&P 500 ETF (SPY)
AUM30.30M
RegionNorth America
Expense Ratio0.80%
Beta0.53
IssuerFirst Trust
Inception DateApr 06, 2020
Dividend Yield1.93%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,653
30 Day Avg. Volume1,863
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
41.96Price 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, aiming to smooth out big price swings while still offering growth potential. It doesn’t track a specific index, but follows a strategy focused on the “extended market,” with many holdings in real estate, financials, and industrials. Well-known names in the fund include Graco and OGE Energy. Investors might consider HSMV for diversification beyond large, well-known stocks and for its attempt to reduce volatility. However, it still holds stocks that can go up and down with the market, especially in smaller companies.
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 on steady, income-oriented U.S. real estate and utilities, with names like Phillips Edison, NNN REIT, Agree Realty, and Four Corners Property quietly pulling the fund forward as they keep grinding higher. IdaCorp and OGE Energy add a defensive utility backbone that’s been rising, helping smooth out bumps. On the softer side, Ellington Financial has been lagging, and Starwood Property’s mixed trend shows that not all real estate is on solid footing. Overall, it’s a domestically focused, small/mid-cap, low-drama lineup built more for resilience than fireworks.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Phillips Edison & Company | 2.11% | $640.71K | $5.47B | 14.77% | 75 Outperform | |
| OGE Energy | 2.04% | $617.81K | $9.72B | 4.66% | 67 Neutral | |
| Ingredion | 1.86% | $563.69K | $7.09B | -13.77% | 65 Neutral | |
| Starwood Property | 1.63% | $495.39K | $6.75B | -4.13% | 62 Neutral | |
| Ellington Financial | 1.58% | $478.59K | $1.64B | 1.14% | 72 Outperform | |
| IdaCorp | 1.54% | $468.44K | $8.09B | 23.88% | 64 Neutral | |
| NNN REIT | 1.45% | $441.38K | $8.35B | 6.06% | 78 Outperform | |
| Four Corners Property | 1.41% | $428.55K | $2.79B | -8.90% | 71 Outperform | |
| Agree Realty | 1.39% | $422.60K | $9.21B | -0.59% | 75 Outperform | |
| GATX | 1.32% | $401.54K | $7.04B | 36.85% | 76 Outperform |
HSMV Technical Analysis
Positive
―
Price Trends
37.17
Positive
36.72
Positive
36.12
Positive
Market Momentum
0.32
Negative
62.14
Neutral
70.69
Neutral
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 37.31, equal to the 50-day MA of 37.17, and equal to the 200-day MA of 36.12, indicating a bullish trend. The MACD of 0.32 indicates Negative momentum. The RSI at 62.14 is Neutral, neither overbought nor oversold. The STOCH value of 70.69 is Neutral, 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
38.01
3.44
9.95%
OASC
OneAscent Small Cap Core ETF
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ASCE
Allspring SMID Core ETF
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―
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SMOX
Horizon Small/Mid Cap Core Equity ETF
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MYLD
Cambria Micro and SmallCap Shareholder Yield ETF
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BCSM
Baron SMID Cap ETF
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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.
DisclaimerThis 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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