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RFVvsHSMVETF Comparison
First Trust Horizon Managed Volatility Small/Mid ETF
Invesco S&P MidCap 400® Pure Value ETF (RFV) belongs to the US Mid Cap Value segment. First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) is part of the US Low Volatility segment. RFV's top 3 sector exposures are Consumer Discretionary, Financials and Industrials. In contrast, HSMV's top sector exposures are Financials, Real Estate and Industrials. RFV is less expensive with a Total Expense Ratio (TER) of 0.35%, versus 0.8% for HSMV. RFV is up 0.13% year-to-date (YTD) with -$7M in YTD flows. HSMV performs better with 2.98% YTD performance, and - in YTD flows. Run a side-by-side ETF comparison of RFV and HSMV below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
RFV vs HSMV performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | RFV HSMV | -7.51%-3.74% | -1.21%+1.59% | +0.13%+2.98% | +12.52%+4.25% | +51.42%+29.97% | +50.97%+24.40% |
| Flows | RFV HSMV | -$5M- | -$5M- | -$7M- | +$17M+$7M | -$70M+$7M | +$99M+$10M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | RFV HSMV | +18.57%+8.97% | +24.16%+13.54% | +21.08%+13.58% | +22.19%+15.46% |
| Max drawdown | RFV HSMV | -11.55%-4.86% | -15.77%-10.63% | -24.37%-15.50% | -24.37%-19.09% |
| Max drawdown duration | RFV HSMV | 37d15d | 43d44d | 226d437d | 226d856d |
RFV | HSMV | |
Last sale 3/18/2026 at 1:30 PM | $126.69 | $36.19 |
| Previous close 03/17/2026 | $127.89 | $36.71 |
| Consolidated volume 03/17/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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RFV | HSMV | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
RFV | HSMV | |
|---|---|---|
| Last price | $126.69 | $36.19 |
| 1D performance | -0.94% | -1.40% |
| AuM | $289.12 M | $29.39 M |
| E/R | 0.35% | 0.8% |
RFV | HSMV | |
|---|---|---|
| Management strategy | Passive | Active |
| Provider | Invesco | First Trust |
| Benchmark | S&P MidCap 400 Pure Value Index | - |
| N° of holdings | 97 | 146 |
| Asset class | Equities | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | March 1, 2006 | June 4, 2020 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the RFV and HSMV ETFs performed in 2026?
As of March 17, 2026, RFV is up 0.13% year-to-date (YTD), while HSMV has returned 2.98%. That puts HSMV better performer ahead so far this year.
Which ETF is attracting more investor money: RFV or HSMV?
Year-to-date, the RFV ETF saw -$7M in flows, compared to - for HSMV.
Which ETF is more volatile: RFV or HSMV?
Over the past year, RFV had a volatility of 24.16%, while HSMV experienced 13.54%.
Which ETF is bigger: RFV or HSMV?
As of March 17, 2026, RFV holds $289.12 M in assets under management (AUM), while HSMV manages $29.39 M.
What sectors do the RFV and HSMV ETFs invest in?
RFV leans toward sectors like Consumer Discretionary, Financials and Industrials. Meanwhile, HSMV focuses on Financials, Real Estate and Industrials.
What are the top holdings of the RFV ETF and HSMV ETF?
RFV top holdings include CONCENTRIX CORP, AVNET and ARROW ELECTRONICS. HSMV holds in its top three: NJ RESOURCES, FOUR CORNERS PROPERTY TRUST and ELLINGTON FINANCIAL INC.
Which ETF is more diversified: RFV or HSMV?
RFV holds 101 securities with 28.66% of its assets in the top 15. HSMV has 151 securities and a top 15 weight of 20.93%.
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