---
ticker: "HDMV"
name: "First Trust Horizon Managed Volatility Developed International ETF"
url: "https://etf.net/etf/HDMV"
grade: "C"
score: 41
graded_at: "2026-10-12"
category: "International Active Equity"
category_rank: "35 of 57"
methodology: "https://etf.net/methodology"
---

# HDMV: First Trust Horizon Managed Volatility Developed International ETF

Grade **C**, Score 41 of 100. Rank 35 of 57 in International Active Equity.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 28 | 40 of 57 |
| Mission | Not scored | — |
| Risk | 75 | 3 of 57 |
| Tradability | 16 | 54 of 57 |
| Holdings | 60 | 23 of 53 |
| Durability | 64 | 22 of 57 |

## Top holdings

The fund holds 155 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | 0002.HK | CLP Holdings Limited | 2.11% |
| 2 | TRYG.CO | Tryg A/S | 1.95% |
| 3 | — | CapitaLand Integrated Commercial Trust | 1.93% |
| 4 | — | CapitaLand Ascendas REIT | 1.85% |
| 5 | 0003.HK | The Hong Kong and China Gas Company Limited | 1.76% |
| 6 | IBE.MC | Iberdrola S.A. | 1.74% |
| 7 | 9432.T | NTT Inc. | 1.71% |
| 8 | GBLB.BR | Groupe Bruxelles Lambert S.A. | 1.71% |
| 9 | TLS.AX | Telstra Group Ltd | 1.71% |
| 10 | 0006.HK | Power Assets Holdings Limited | 1.66% |
| 11 | ASRNL.AS | ASR Nederland N.V. | 1.45% |
| 12 | — | DBS Group Holdings Limited | 1.45% |
| 13 | — | United Overseas Bank Limited | 1.39% |
| 14 | 9434.T | SoftBank Corp. | 1.33% |
| 15 | — | CapitaLand Investment Limited of Singapore | 1.32% |
| 16 | SPSN.SW | Swiss Prime Site AG | 1.30% |
| 17 | RED.MC | Red Electrica Corporacion S.A. | 1.28% |
| 18 | GET.PA | Getlink SE | 1.27% |
| 19 | SRG.MI | Snam SpA | 1.27% |
| 20 | SCMN.SW | Swisscom AG | 1.16% |
| 21 | AGS.BR | Ageas S.A./N.V. | 1.15% |
| 22 | TRN.MI | TERNA - Rete Elettrica Nazionale SpA | 1.08% |
| 23 | ZURN.SW | Zurich Insurance Group AG | 1.07% |
| 24 | NN.AS | NN Group N.V. | 1.05% |
| 25 | SLHN.SW | Swiss Life Holding AG (Registered) | 1.05% |
| 26 | LI.PA | Klepierre | 1.01% |
| 27 | 0823.HK | Link Real Estate Investment Trust | 1.01% |
| 28 | — | Singapore Airlines Limited | 1.00% |
| 29 | URW.PA | Unibail-Rodamco-Westfield | 0.95% |
| 30 | — | Oversea-Chinese Banking Corporation Limited | 0.95% |

Source: etf.net, https://etf.net/etf/HDMV. Please cite the page URL.