First Trust Horizon Managed Volatility Domestic ETF

Frequently Asked Questions About HUSV

What does HUSV invest in?

The First Trust Horizon Managed Volatility Domestic ETF (HUSV) is an actively managed exchange-traded fund with the primary goal of achieving capital appreciation. To fulfill this objective, the Fund typically allocates at least 80% of its net assets (including any capital obtained through borrowing) to common stocks of U.S. companies. These companies are publicly traded on U.S. national securities exchanges and are specifically chosen by Horizon Investments, LLC, for their anticipated low future volatility.

What is the expense ratio of HUSV?

First Trust Horizon Managed Volatility Domestic ETF (HUSV) charges an expense ratio of 0.70%. This is the annual fee deducted from fund assets to cover management and operations.

How big is HUSV?

First Trust Horizon Managed Volatility Domestic ETF (HUSV) manages $74.1M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is HUSV actively managed or an index fund?

HUSV is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (HUSV's is 0.70%) in exchange for the discretion to over- or under-weight positions.

When was HUSV launched?

First Trust Horizon Managed Volatility Domestic ETF (HUSV) launched in August 2016 and is managed by First Trust.

How has HUSV performed?

HUSV's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.