HUSV: FIRST TRUST HORIZON MANAGED VOLATILITY DOMESTIC ETF
What this ETF is trying to do
The FIRST TRUST HORIZON MANAGED VOLATILITY DOMESTIC ETF (ticker: HUSV) is an exchange-traded fund designed to manage volatility within the domestic market. This means it focuses on managing how much the price swings up and down.
What the numbers show
When looking at this ETF, it is important to understand two different types of returns: price return (how much the share price changed) and total return (how much the price changed plus any cash distributions received).
Over the last year, HUSV had a price return of approximately 1.36%. However, its total return was higher at approximately 2.91% because it included distributions. Looking at the year-to-date (YTD) numbers, the price return is about 3.00%, while the total return is about 4.12%.
Over longer periods, the growth has been stronger. The three-year price return was approximately 26.99%, and the three-year total return was approximately 32.35%. The five-year total return was approximately 31.93%. For comparison, the current price is $39.86, while the estimated price from roughly one year ago was about $39.32.
Income and distribution explanation
HUSV provides cash distributions to investors. The distribution yield is approximately 1.47%, which describes the cash paid out relative to the ETF's price. In the last 12 months, there were 4 distributions. These payments usually happen on a quarterly basis. The trailing distributions were approximately $0.59 per share.
It is important to remember that a distribution yield is not the same as total return. While distributions provide cash, they are only one part of an investor's overall experience.
NAV erosion explanation
"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.
Regarding price-based evidence, the ETF has an erosion-risk score of 94, which is labeled as "Stable / sideways." The erosion severity is described as "good," and there is no severe erosion-risk flag present.
Top Holdings
The following are the top holdings in this portfolio. Please note that these are only the largest holdings and the list is partial. Holdings can change over time.
• Regency Centers Corp: 2.48%
• Berkshire Hathaway Inc Class B: 2.45%
• Federal Realty Investment Trust: 2.42%
• Loews Corp: 2.33%
• Realty Income Corp: 2.33%
• Motorola Solutions Inc: 2.31%
• Aflac Inc: 2.28%
• Apple Inc: 2.06%
• Roper Technologies Inc: 1.95%
• Teledyne Technologies Inc: 1.88%
Pros
• The ETF has shown positive total returns over one, three, and five-year periods.
• The erosion-risk score suggests a stable price trend.
Cons
• The distribution yield is relatively low at approximately 1.47%.
Beginner takeaway
When researching HUSV, remember that the share price movement (price return) and the total money earned (total return) are different. This ETF has shown positive growth in both areas over several years, and its risk of price deterioration appears stable according to the supplied erosion-risk score.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | REGENCY CENTERS CORP | REG | 2.48% |
| 2 | BERKSHIRE HATHAWAY INC CLASS B | BRK-B | 2.45% |
| 3 | FEDERAL REALTY INVESTMENT TRUST | FRT | 2.42% |
| 4 | LOEWS CORP | L | 2.33% |
| 5 | REALTY INCOME CORP | O | 2.33% |
| 6 | MOTOROLA SOLUTIONS INC | MSI | 2.31% |
| 7 | AFLAC INC | AFL | 2.28% |
| 8 | APPLE INC | AAPL | 2.06% |
| 9 | ROPER TECHNOLOGIES INC | ROP | 1.95% |
| 10 | TELEDYNE TECHNOLOGIES INC | TDY | 1.88% |