HSMV Performance — First Trust Horizon Managed Volatility Small/Mid ETF
Data updated: 2026-10-13
HSMV returned +10.47% year to date and +12.81% over one year to Jul 2026. Annualised returns are +8.94% over 3 years and +4.95% over 5 years. The fund trailed its US Mid-Cap Blend category average: $100 invested three years ago grew to $129, against $144 for the category, and to $113 over one year, against $119. Volatility over the past three years was 12.75% a year. In the 12 months to Jul 2026 the fund took in a net $5.5M, and assets reached $35.21M.
HSMV Growth of $100
What $100 invested in First Trust Horizon Managed Volatility Small/Mid ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Blend category average over the same months.
| Period | HSMV | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $113 | $119 |
| 3 years (Aug 2023 – Jul 2026) | $129 | $144 |
| 5 years (Aug 2021 – Jul 2026) | $127 | $145 |
| Since data start (Feb 2020 – Jul 2026) | $202 | $197 |
HSMV Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +10.47% |
| 1 year | +12.81% |
| 3 years (annualised) | +8.94% |
| 5 years (annualised) | +4.95% |
HSMV Annual Returns
Calendar-year total returns of First Trust Horizon Managed Volatility Small/Mid ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +10.47% |
| 2025 | +1.48% |
| 2024 | +13.33% |
| 2023 | +4.99% |
| 2022 | −9.37% |
| 2021 | +23.58% |
| 2020 (Feb–Dec) | +35.23% |
HSMV Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.1% | +4.1% | −5.2% | +4.9% | −2.7% | +4.0% | +2.2% | — | — | — | — | — |
| 2025 | +1.3% | +0.7% | −1.3% | −2.2% | +1.8% | +0.4% | −1.4% | +4.1% | −0.8% | −3.4% | +3.3% | −0.9% |
| 2024 | −1.6% | +3.3% | +4.2% | −4.1% | +3.6% | −0.7% | +7.6% | +1.4% | +0.9% | −0.9% | +6.7% | −6.9% |
| 2023 | +5.8% | −2.0% | −3.8% | −1.1% | −4.5% | +6.5% | +2.8% | −2.1% | −5.0% | −3.3% | +6.2% | +6.5% |
| 2022 | −5.9% | −0.4% | +2.2% | −5.0% | +0.9% | −6.3% | +8.0% | −4.2% | −8.4% | +9.6% | +6.1% | −4.4% |
| 2021 | −0.4% | +6.3% | +4.6% | +4.3% | +0.3% | −1.1% | +2.4% | +0.6% | −4.1% | +5.0% | −2.5% | +6.6% |
| 2020 | — | 0.0% | 0.0% | +9.0% | +4.7% | +0.4% | +3.6% | +1.6% | −4.4% | +1.2% | +10.5% | +5.0% |
HSMV Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 12.75%
- 3-year Sharpe ratio: 0.35 (vs 4.5% risk-free rate)
- Best month: +7.64% (Jul 2024)
- Worst month: −6.85% (Dec 2024)
HSMV Fund Flows
Monthly money in and out of First Trust Horizon Managed Volatility Small/Mid ETF, from SEC Form N-PORT.
- 12-month net flow: $5.5M
- 12-month gross sales (incl. reinvestments): $5.5M
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $0 | $0 | $0 |
| Jun 2026 | $1.9M | $0 | $1.9M |
| May 2026 | $1.8M | $0 | $1.8M |
| Apr 2026 | $0 | $0 | $0 |
| Mar 2026 | $0 | $0 | $0 |
| Feb 2026 | $0 | $0 | $0 |
| Jan 2026 | $0 | $0 | $0 |
| Dec 2025 | $1.8M | $0 | $1.8M |
| Nov 2025 | $0 | $0 | $0 |
| Oct 2025 | $0 | $0 | $0 |
| Sep 2025 | $0 | $0 | $0 |
| Aug 2025 | $0 | $0 | $0 |
HSMV Assets Under Management
Net assets of First Trust Horizon Managed Volatility Small/Mid ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $35.21M |
| 2026-04-30 | $30.39M |
| 2026-01-31 | $29.43M |
| 2025-10-31 | $26.36M |
| 2025-07-31 | $26.53M |
| 2025-04-30 | $21.14M |
| 2025-01-31 | $21.80M |
| 2024-10-31 | $21.80M |
| 2024-07-31 | $19.77M |
| 2024-04-30 | $17.91M |
| 2024-01-31 | $17.38M |
| 2023-10-31 | $17.11M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.