First Trust Horizon Managed Volatility Small/Mid ETF (HSMV)

First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) is an exchange-traded fund in the Small Blend category. It has $5.28M in assets, an expense ratio of 0.80% and a 4.62% dividend yield. Under normal market conditions, the fund seeks to achieve its investment objective by investing at least 80% of its net assets (including investment borrowings) in small- and/or mid-capitalization common stocks listed and traded on U.S. national securities exchanges that Sub-Advisor believes exhibit low future expected volatility. It is non-diversified.