Summary
First Trust Horizon Managed Volatility Domestic ETF is an ETF - a fund traded on an exchange like a stock - run by First Trust. Positions inside: 101. The ten largest make up 23% of the fund.
- Yearly costs
- 0.70%
- Fund size
- $55.1M
- Positions
- 101
- Dividend yield
- 1.44%
- Running since
- 2016
What speaks for it
- Widely spread: the ten largest positions make up only 23% of the fund.
- Average yearly growth over the last ten years: 7.7%.
- It has been running since 2016.
What to watch
- 96% of the fund is in one country (United States).
- Costs of 0.70% a year are above the middle of comparable funds (0.44%).
- A small fund with $55.1M under management; small funds get closed more often.
- It trades little: only about $637.9K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +2.7%
- 3 months
- +1.0%
- This year
- +5.5%
- 1 year
- +4.0%
- 3 years
- +30%
- 5 years
- +23%
- 10 years
- +110%
- Avg. market cap
- $405.5B
- P/E
- 19.9x
- Forward P/E
- 19.7x
- P/S
- 3.6x
- P/B
- 2.6x
- P/FCF
- 18.1x
- EV/EBITDA
- 16.4x
- Dividend yield
- 2.09%
- ROIC
- 26.6%
- ROE
- 25.8%
- Gross margin
- 58.5%
- Operating margin
- 29.1%
- Net margin
- 22.7%
- Payout ratio
- 41.6%
- Net debt/EBITDA
- 2.6x
- Beta
- 0.45
Weighted average of the 50 largest companies, which make up 74% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Widely spread- 1 BRBerkshire Hathaway BRK-B 2.7%
- 2 RERegency Centers Corporation REG 2.5%
- 3 LLoews L 2.4%
- 4 AFAflac AFL 2.4%
- 5 AAApple AAPL 2.3%
- 6 FRFederal Realty Investment Trust FRT 2.3%
- 7 MSMotorola MSI 2.3%
- 8 ORealty Income O 2.2%
- 9 TDTeledyne TDY 1.9%
- 10 VRVeriSign VRSN 1.9%
Positions in the fund: 101. The ten largest make up 23% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One countryBy sector
- Technology 26%
- Financials 18%
- Utilities 12%
- Real estate 11%
- Industrials 11%
- Other 23%
By country
- United States 96%
- Ireland 2.2%
- Switzerland 1.0%
- Bermuda 0.8%
- Other countries 0.1%
By company size
- Mega cap 17%
- Large cap 80%
- Mid cap 2.7%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest sector: Technology (26%). Largest country: United States (96%). Largest size group: Large cap (80%).
What does it cost me?
Expensive- A year from $10,000
- $70.00
- Over 20 years
- $3,322
From every $10,000 invested the fund takes $70.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $3,322.
How has it done?
Growing over the long run- A year on average, 10 years
- +7.7%
- Deepest drop
- -18%
- Yearly volatility
- 9.9%
Average yearly growth over the last ten years: 7.7%. Deepest drop in these years: 18% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 1.44%
- Payments a year
- 4
- Last payment
- $0.19
Over the last 12 months it paid $0.59 per share, which is 1.44% of today's price. The last payment was $0.19 on Sep 24, 2026.
Is it easy to buy and sell?
It trades little- Traded a day
- $637.9K
- Shares a day
- 16K
On an average day about $637.9K of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 19.9
- Average Bulios Score
- 71 out of 100
Weight by Bulios Fair Price
- Undervalued 23%
- Fairly valued 14%
- Overvalued 63%
On average the companies inside trade for 19.9 times their yearly profit. By Fair Price, 63% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 74% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
SP SPLV Invesco S&P 500 Low Volatility ETF | United States | 0.25% | $7.22B | +2.5% | Pays out | 56% |
SP SPY1.DE State Street SPDR S&P 500 Low Volatility UCITS ETF (Acc) | Ireland | 0.35% | $109.4M | +8.5% | Reinvests | 54% |
UB UBUV.DE UBS Factor MSCI USA Low Volatility UCITS ETF hEUR acc | Ireland | 0.21% | $45.7M | +3.5% | Reinvests | 46% |
UB UBUR.DE UBS Factor MSCI USA Low Volatility UCITS ETF USD dis | Ireland | 0.18% | $45.8M | +7.7% | Pays out | 45% |
LG LGLV State Street SPDR US Large Cap Low Volatility Index ETF | United States | 0.12% | $1.17B | +4.9% | Pays out | 40% |
US USMV iShares MSCI USA Min Vol Factor ETF | United States | 0.15% | $23.8B | +7.7% | Pays out | 36% |