
Cancel anytime
- Chart
- Upturn Summary
- Highlights
Upturn AI SWOT
- About
First Trust Horizon Managed Volatility Developed International ETF (HDMV)



- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)


(see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
08/14/2025: HDMV (1-star) has a low Upturn Star Rating. Not recommended to BUY.
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 Advisory Performance ![]() | ETF Returns Performance ![]() |
![]() ![]() | ![]() ![]() |
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 |
Upturn AI SWOT
First Trust Horizon Managed Volatility Developed International ETF
ETF Overview
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.
Reputation and Reliability
First Trust is a well-established ETF provider with a solid reputation.
Management Expertise
First Trust has a dedicated team of investment professionals with experience in managing various ETF strategies.
Investment Objective
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
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.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
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.

Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.