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HDMV
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First Trust Horizon Managed Volatility Developed International ETF (HDMV)

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$35.57
Last Close (24-hour delay)
Profit since last BUY3.55%
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BUY since 70 days
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Upturn Advisory Summary

08/14/2025: HDMV (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type ETF
Historic Profit 10.18%
Avg. Invested days 42
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 4.0
ETF Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/14/2025

Key Highlights

Volume (30-day avg) -
Beta 0.79
52 Weeks Range 27.25 - 35.15
Updated Date 06/29/2025
52 Weeks Range 27.25 - 35.15
Updated Date 06/29/2025

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First Trust Horizon Managed Volatility Developed International ETF

stock logo

ETF Overview

overview logo Overview

The First Trust Horizon Managed Volatility Developed International ETF (HDMV) seeks to provide total return with lower volatility than the broader developed international equity market. It focuses on developed market equities, utilizing a managed volatility strategy.

reliability logo Reputation and Reliability

First Trust is a well-established ETF provider with a solid reputation.

reliability logo Management Expertise

First Trust has a dedicated team of investment professionals with experience in managing various ETF strategies.

Investment Objective

overview logo Goal

To provide total return while aiming for lower volatility compared to the broader developed international equity market.

Investment Approach and Strategy

Strategy: The ETF employs a quantitative, rules-based strategy to select and weight securities based on their volatility characteristics.

Composition The ETF primarily holds equities from developed international markets, excluding the US and Canada.

Market Position

Market Share: HDMV has a moderate market share within the international equity ETF space.

Total Net Assets (AUM): 157557021.65

Competitors

overview logo Key Competitors

  • EFAV
  • IDLV
  • ACWV

Competitive Landscape

The international equity ETF market is highly competitive. HDMV distinguishes itself with its managed volatility approach. Competitors offer various strategies including market capitalization weighting or other factor tilts. The advantage of HDMV is the lower volatility, but the disadvantage could be underperformance during strong bull markets.

Financial Performance

Historical Performance: Data unavailable in structured format.

Benchmark Comparison: Data unavailable in structured format.

Expense Ratio: 0.0055

Liquidity

Average Trading Volume

HDMV's average trading volume is moderate, indicating reasonable liquidity.

Bid-Ask Spread

HDMV's bid-ask spread is typically tight, reflecting sufficient liquidity for most investors.

Market Dynamics

Market Environment Factors

Economic conditions in developed international markets, interest rate policies, and geopolitical events can significantly impact HDMV's performance.

Growth Trajectory

HDMV's growth is tied to investor demand for lower volatility international equity exposure; strategy and holdings change as driven by the quant model.

Moat and Competitive Advantages

Competitive Edge

HDMV's competitive advantage lies in its quantitative, rules-based managed volatility strategy. This approach aims to deliver smoother returns than traditional market capitalization-weighted international equity ETFs. By focusing on lower volatility stocks, HDMV seeks to protect investors during market downturns. The ETF's systematic approach also reduces human bias in security selection, potentially leading to more consistent performance over time.

Risk Analysis

Volatility

HDMV is designed to exhibit lower volatility compared to the broader developed international equity market.

Market Risk

HDMV is exposed to market risk associated with international equities, including currency fluctuations, political instability, and economic downturns in the countries represented in the portfolio.

Investor Profile

Ideal Investor Profile

HDMV is suitable for risk-averse investors seeking international equity exposure with reduced volatility. It is appropriate for those looking to diversify their portfolios and potentially mitigate downside risk.

Market Risk

HDMV is best suited for long-term investors who prioritize capital preservation and lower volatility over potentially higher returns.

Summary

First Trust Horizon Managed Volatility Developed International ETF (HDMV) aims to provide total return with less volatility in developed international markets. Its quantitative approach focuses on lower-volatility stocks, appealing to risk-averse investors. The ETF's performance is influenced by international market conditions and its ability to manage volatility effectively. While offering downside protection, it may underperform during strong bull markets. HDMV is a suitable option for long-term investors seeking smoother returns in the international equity space.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • First Trust Website
  • ETF.com
  • Morningstar

Disclaimers:

The data provided is for informational purposes only and should not be considered investment advice. Market share data is estimated and may vary depending on the source. Past performance is not indicative of future results.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About First Trust Horizon Managed Volatility Developed International ETF

Exchange NYSE ARCA
Headquaters -
IPO Launch date -
CEO -
Sector -
Industry -
Full time employees -
Website
Full time employees -
Website

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 common stocks and depositary receipts of developed market companies listed and traded on non-U.S. exchanges that the Sub-Advisor believes exhibit low future expected volatility. Under normal market conditions, it will invest in at least three countries and at least 40% of its net assets in countries other than the United States.