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ETFs

First Trust Horizon Managed Volatility Domestic ETF

HUSV
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Aug 24, 2016
Expense Ratio
0.70%
Type
US Equities
Fund Owner
First Trust
Volume (1m avg. daily)
$346,743
AUM
$85,590,063
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

IBM
International Business Machines Corp.
2.58%
WMT
Walmart Inc
2.57%
BRK/B
Berkshire Hathaway Inc. - Ordinary Shares - Class B
2.57%
ROP
Roper Technologies Inc
2.54%
KO
Coca-Cola Co
2.40%
MCD
McDonald`s Corp
2.35%
YUM
Yum Brands Inc.
2.18%
MMC
Marsh & McLennan Cos., Inc.
2.07%
MO
Altria Group Inc.
1.99%
JNJ
Johnson & Johnson
1.92%
Invest with HUSV

What is HUSV?

The First Trust Horizon Managed Volatility Domestic ETF is an actively managed exchange-traded fund. The Funds investment objective is to provide capital appreciation. Under normal market conditions, the Fund will seek to achieve its investment objective by investing at least 80% of its net assets (including investment borrowings) in common stocks of domestic companies listed and traded on U.S. national securities exchanges that Horizon Investments, LLC believes exhibit low future expected volatility.

ETFs related toHUSV

ETFs correlated to HUSV include SPLV, USMV, LGLV

HUSV
First Trust Exchange-Traded Fund III - First Trust Horizon Managed Volatility Domestic ETF
SPLV
Invesco Capital Management LLC - Invesco S&P 500 Low Volatility ETF
USMV
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Min Vol Factor ETF
LGLV
SPDR Series Trust - SPDR SSGA US Large Cap Low Volatility Index ETF
FVD
First Trust Exchange-Traded Fund III - First Trust Value Line Dividend Index Fund
FTCS
First Trust Exchange-Traded Fund III - First Trust Capital Strength ETF
JEPI
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Equity Premium Income ETF
LVHD
Legg Mason ETF Investment Trust - Franklin U.S. Low Volatility High Dividend Index ETF
VDC
Vanguard Group, Inc. - Vanguard Consumer Staples ETF
IYK
BlackRock Institutional Trust Company N.A. - iShares U.S. Consumer Staples ETF
FSTA
Fidelity Covington Trust - Fidelity MSCI Consumer Staples Index ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toHUSV

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Category

Community

Risk Rating

Aggressive

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Category

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Risk Rating

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Create your own algorithmic trading strategy with HUSV using Composer

FAQ

HUSV is a US Equities ETF. The First Trust Horizon Managed Volatility Domestic ETF is an actively managed exchange-traded fund. The Funds investment objective is to provide capital appreciation. Under normal market conditions, the Fund will seek to achieve its investment objective by investing at least 80% of its net assets (including investment borrowings) in common stocks of domestic companies listed and traded on U.S. national securities exchanges that Horizon Investments, LLC believes exhibit low future expected volatility.

Yes, HUSV is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, HUSV is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on HUSV is -0.0111%. This is the percent change in the value of HUSV over the most recent 1-month period. The 3-month return on HUSV is -0.0147%. This is the percent change in the value of HUSV over the most recent 3-month period.

The standard deviation of HUSV for the past year is 0.129%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to HUSV include SPHQ, MTUM, and SPHB.

ETFs correlated to HUSV include SPLV, USMV, and LGLV.

ETFs that are inversely correlated to HUSV include SDOW, DOG, and DXD.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.