First Trust Horizon Managed Volatility Developed International ETF (HDMV)
First Trust Horizon Managed Volatility Developed International ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $38.44, down 0.44% on the session, giving a market capitalisation of $23.8M. Its beta of 0.63 implies it has historically moved less than the broad market.
The First Trust Horizon Managed Volatility Developed International ETF is an actively managed exchange-traded fund designed to achieve capital growth for its investors. Typically, the fund allocates a minimum of 80% of its total assets, including any borrowed capital, to equity shares and depositary receipts. These investments are in companies based in developed markets, with securities traded on international exchanges outside the U.S. Horizon Investments, LLC meticulously selects these firms based on their expected low future price volatility.
First Trust Horizon Managed Volatility Developed International ETF is most often compared with the following Financial Services names: