---
ticker: "HSMV"
name: "First Trust Horizon Managed Volatility Small/Mid ETF"
url: "https://etf.net/etf/HSMV"
grade: "C"
score: 40
graded_at: "2026-10-12"
category: "US Active Small/Mid-Cap"
category_rank: "30 of 48"
methodology: "https://etf.net/methodology"
---

# HSMV: First Trust Horizon Managed Volatility Small/Mid ETF

Grade **C**, Score 40 of 100. Rank 30 of 48 in US Active Small/Mid-Cap.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 16 | 40 of 48 |
| Mission | Not scored | — |
| Risk | 60 | 19 of 44 |
| Tradability | 51 | 22 of 48 |
| Holdings | 61 | 23 of 48 |
| Durability | 56 | 21 of 48 |

## Top holdings

The fund holds 151 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | INGR | Ingredion Incorporated | 2.27% |
| 2 | DLB | Dolby Laboratories, Inc. | 2.05% |
| 3 | AM | Antero Midstream Corp. | 1.69% |
| 4 | PECO | Phillips Edison & Company, Inc. | 1.63% |
| 5 | BCPC | Balchem Corporation | 1.58% |
| 6 | GGG | Graco Inc. | 1.48% |
| 7 | EFC | Ellington Financial Inc. | 1.45% |
| 8 | DTM | DT Midstream, Inc. | 1.45% |
| 9 | OGE | OGE Energy Corp. | 1.34% |
| 10 | IOSP | Innospec Inc. | 1.33% |
| 11 | STWD | Starwood Property Trust, Inc. | 1.33% |
| 12 | IVT | InvenTrust Properties Corp. | 1.22% |
| 13 | NJR | New Jersey Resources Corporation | 1.21% |
| 14 | MSM | MSC Industrial Direct Co., Inc. (Class A) | 1.21% |
| 15 | INVA | Innoviva, Inc. | 1.18% |
| 16 | CHCO | City Holding Company | 1.17% |
| 17 | GATX | GATX Corporation | 1.16% |
| 18 | UVV | Universal Corporation | 1.16% |
| 19 | SWX | Southwest Gas Holdings, Inc. | 1.15% |
| 20 | ABM | ABM Industries Incorporated | 1.14% |
| 21 | ADC | Agree Realty Corporation | 1.13% |
| 22 | NNN | NNN REIT Inc. | 1.11% |
| 23 | CLH | Clean Harbors, Inc. | 1.10% |
| 24 | MCRI | Monarch Casino & Resort, Inc. | 1.09% |
| 25 | MSA | MSA Safety Incorporated | 1.09% |
| 26 | WABC | Westamerica Bancorporation | 1.08% |
| 27 | EHC | Encompass Health Corporation | 1.08% |
| 28 | SCI | Service Corporation International | 1.07% |
| 29 | LOPE | Grand Canyon Education, Inc. | 1.07% |
| 30 | BJ | BJ's Wholesale Club Holdings, Inc. | 1.06% |

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