First Trust Horizon Managed Volatility Developed International ETF (HDMV)
Holdings of the Fund as of 9/17/2025

Total Number of Holdings (excluding cash): 151

Security Name Identifier CUSIP Classification Shares / Quantity Market Value Weighting Descending sort
CapitaLand Integrated Commercial Trust CICT.SP Y1100L160 Real Estate 265,600 $480,244.07 2.07%
The Hong Kong and China Gas Company Limited 3.HK Y33370100 Utilities 509,302 $459,808.60 1.99%
CLP Holdings Limited 2.HK Y1660Q104 Utilities 54,054 $457,423.37 1.97%
Telstra Group Ltd TLS.AU Q8975N105 Communication Services 132,140 $432,008.42 1.87%
Sino Land Company Limited 83.HK Y80267126 Real Estate 322,709 $417,516.51 1.80%
Singapore Airlines Limited SIA.SP Y7992P128 Industrials 81,000 $413,384.88 1.78%
Coles Group Limited COL.AU Q26203408 Consumer Staples 25,973 $410,735.39 1.77%
CapitaLand Ascendas REIT CLAR.SP Y0205X103 Real Estate 183,200 $402,952.41 1.74%
Power Assets Holdings Limited 6.HK Y7092Q109 Utilities 51,950 $343,744.33 1.48%
Wilmar International Limited WIL.SP Y9586L109 Consumer Staples 124,000 $283,417.40 1.22%
Swisscom AG SCMN.SW H8398N104 Communication Services 360 $266,387.58 1.15%
MTR Corporation Limited 66.HK Y6146T101 Industrials 70,884 $243,766.62 1.05%
Oversea-Chinese Banking Corporation Limited OCBC.SP Y64248209 Financials 18,700 $243,858.89 1.05%
Poste Italiane SpA PST.IM T7S697106 Financials 10,341 $243,809.52 1.05%
Woolworths Limited WOW.AU Q98418108 Consumer Staples 13,142 $242,041.60 1.04%
The Lottery Corporation Limited TLC.AU Q56337100 Consumer Discretionary 60,513 $238,129.16 1.03%
Coca-Cola European Partners Plc CCEP G25839104 Consumer Staples 2,579 $233,451.08 1.01%
Klepierre LI.FP F5396X102 Real Estate 5,687 $220,422.11 0.95%
Groupe Danone S.A. BN.FP F12033134 Consumer Staples 2,476 $216,350.56 0.93%
Unilever Plc ULVR.LN G92087165 Consumer Staples 3,471 $215,795.51 0.93%
United Overseas Bank Limited UOB.SP Y9T10P105 Financials 7,900 $215,316.76 0.93%
Orange ORA.FP F6866T100 Communication Services 13,136 $212,477.13 0.92%
SoftBank Corp. 9434.JP J75963132 Communication Services 130,600 $204,440.93 0.88%
Genting Singapore Limited GENS.SP Y2692C139 Consumer Discretionary 332,600 $197,859.91 0.85%
Ageas S.A./N.V. AGS.BB B0148L138 Financials 2,859 $195,560.20 0.84%
CK Asset Holdings Limited 1113.HK G2177B101 Real Estate 39,148 $189,808.45 0.82%
Keppel Limited KEP.SP Y4722Z120 Industrials 27,600 $188,169.50 0.81%
CK Infrastructure Holdings Limited 1038.HK G2178K100 Utilities 26,648 $182,836.82 0.79%
Telenor ASA TEL.NO R21882106 Communication Services 10,657 $181,570.56 0.78%
Daito Trust Construction Co., Ltd. 1878.JP J11151107 Real Estate 1,600 $177,983.94 0.77%
Koninklijke (Royal) KPN N.V. KPN.NA N4297B146 Communication Services 36,393 $178,234.14 0.77%
Telefonica, S.A. TEF.SM 879382109 Communication Services 33,380 $179,344.30 0.77%
Groupe Bruxelles Lambert S.A. GBLB.BB B4746J115 Financials 1,959 $173,723.55 0.75%
Singapore Telecommunications Limited ST.SP Y79985209 Communication Services 51,000 $173,652.66 0.75%
Snam SpA SRG.IM T8578N103 Utilities 29,192 $174,170.27 0.75%
Brambles Limited BXB.AU Q6634U106 Industrials 10,154 $168,349.92 0.73%
Allianz SE ALV.GY D03080112 Financials 403 $164,156.17 0.71%
BOC Hong Kong (Holdings) Limited 2388.HK Y0920U103 Financials 33,860 $164,430.94 0.71%
Koninklijke Ahold Delhaize N.V. AD.NA N0074E105 Consumer Staples 4,078 $163,025.42 0.70%
Scentre Group SCG.AU Q8351E109 Real Estate 59,784 $162,811.34 0.70%
Swiss Prime Site AG SPSN.SW H8403W107 Real Estate 1,168 $161,598.83 0.70%
ASR Nederland N.V. ASRNL.NA N0709G103 Financials 2,371 $160,694.38 0.69%
Shell Plc SHEL.LN G80827101 Energy 4,466 $158,712.57 0.69%
ANA Holdings Inc. 9202.JP J0156Q112 Industrials 7,800 $157,514.56 0.68%
DBS Group Holdings Limited DBS.SP Y20246107 Financials 3,930 $158,331.99 0.68%
Enel SpA ENEL.IM T3679P115 Utilities 16,984 $156,557.82 0.68%
Kirin Holdings Company, Limited 2503.JP 497350108 Consumer Staples 10,800 $156,703.27 0.68%
NN Group N.V. NN.NA N64038107 Financials 2,269 $154,532.54 0.67%
Tokyu Corporation 9005.JP J88720149 Industrials 12,100 $154,959.38 0.67%
Aena SME, S.A. AENA.SM E526LK101 Industrials 5,261 $151,844.49 0.66%
Credit Agricole S.A. ACA.FP F22797108 Financials 7,947 $152,881.07 0.66%
Engie S.A. ENGI.FP F7629A107 Utilities 7,251 $153,252.26 0.66%
Stockland SGP.AU Q8773B105 Real Estate 37,085 $153,837.68 0.66%
GENERALI G.IM T05040109 Financials 3,899 $150,706.20 0.65%
Henkel AG & Co. KGaA HEN.GY D3207M102 Consumer Staples 1,943 $150,479.40 0.65%
Iberdrola S.A. IBE.SM E6165F166 Utilities 8,244 $151,576.30 0.65%
Sun Hung Kai Properties Limited 16.HK Y82594121 Real Estate 12,116 $149,899.07 0.65%
Tryg A/S TRYG.DC K9640A110 Financials 5,719 $150,282.34 0.65%
Vicinity Centres VCX.AU Q9395F102 Real Estate 90,161 $149,483.92 0.65%
OBIC Co., Ltd. 4684.JP J5946V107 Information Technology 4,000 $148,447.11 0.64%
Reckitt Benckiser Group Plc RKT.LN G74079107 Consumer Staples 1,902 $148,103.33 0.64%
Bollore SE BOL.FP F10659260 Communication Services 25,580 $146,510.12 0.63%
Getlink SE GET.FP F4R053105 Industrials 8,000 $146,049.55 0.63%
L'Air Liquide S.A. AI.FP F01764103 Materials 704 $144,971.97 0.63%
Bouygues S.A. EN.FP F11487125 Industrials 3,248 $142,518.07 0.62%
RELX Plc REL.LN G7493L105 Industrials 3,062 $144,059.70 0.62%
Alfa Laval AB ALFA.SS W04008152 Industrials 2,981 $137,933.79 0.60%
Capitaland Investment Limited of Singapore CLI.SP Y1091P105 Real Estate 65,000 $139,407.42 0.60%
Orkla ASA ORK.NO R67787102 Consumer Staples 12,792 $139,866.06 0.60%
Euronext NV ENX.FP N3113K397 Financials 847 $136,202.56 0.59%
Medibank Private Limited MPL.AU Q5921Q109 Financials 41,276 $133,295.59 0.58%
TERNA - Rete Elettrica Nazionale SpA TRN.IM T9471R100 Utilities 13,545 $134,434.54 0.58%
Anz Group Holdings Ltd ANZ.AU Q0429F119 Financials 6,049 $132,471.94 0.57%
Beiersdorf AG BEI.GY D08792109 Consumer Staples 1,198 $131,848.78 0.57%
Eni SpA ENI.IM T3643A145 Energy 7,517 $132,076.73 0.57%
Link Real Estate Investment Trust 823.HK Y5281M111 Real Estate 24,528 $131,036.78 0.57%
Sonic Healthcare Limited SHL.AU Q8563C107 Health Care 8,933 $132,343.85 0.57%
Sonova Holding AG (Registered) SOON.SW H8024W106 Health Care 443 $132,076.94 0.57%
Westpac Banking Corporation WBC.AU Q97417101 Financials 5,150 $132,501.48 0.57%
Banque Cantonale Vaudois (BCV) (Registered) BCVN.SW H04825354 Financials 1,117 $130,036.87 0.56%
EXOR N.V. EXO.NA N3140A107 Financials 1,330 $128,716.22 0.56%
NTT Inc. 9432.JP J59396101 Communication Services 119,300 $130,840.13 0.56%
L E Lundbergforetagen AB (Class B) LUNDB.SS W54114108 Financials 2,440 $128,399.49 0.55%
Admiral Group Plc ADM.LN G0110T106 Financials 2,724 $124,591.48 0.54%
TotalEnergies SE TTE.FP F92124100 Energy 2,042 $124,899.63 0.54%
Assa Abloy AB (Class B) ASSAB.SS W0817X204 Industrials 3,427 $123,226.14 0.53%
Coloplast A/S (Class B) COLOB.DC K16018192 Health Care 1,316 $122,483.94 0.53%
CSL Limited CSL.AU Q3018U109 Health Care 921 $123,305.75 0.53%
Industrivarden AB (Class A) INDUA.SS W45430100 Financials 3,119 $122,829.12 0.53%
Industrivarden AB (Class C) INDUC.SS W45430126 Financials 3,113 $122,458.78 0.53%
National Grid Plc NG/.LN G6S9A7120 Utilities 8,615 $122,064.41 0.53%
InterContinental Hotels Group Plc IHG.LN G4804L163 Consumer Discretionary 1,019 $121,340.60 0.52%
Haleon Plc HLN.LN G4232K100 Health Care 25,519 $118,981.91 0.51%
Holmen AB (Class B) HOLMB.SS W4R00P201 Materials 3,026 $119,231.85 0.51%
Red Electrica Corporacion S.A. RED.SM E42807110 Utilities 6,145 $118,868.87 0.51%
DiaSorin SpA DIA.IM T3475Y104 Health Care 1,245 $115,882.38 0.50%
Kerry Group Plc (Class A) KYGA.ID G52416107 Consumer Staples 1,258 $115,723.92 0.50%
Telia Company AB TELIA.SS W95890104 Communication Services 29,452 $114,684.73 0.50%
BioMerieux BIM.FP F1149Y232 Health Care 851 $114,306.48 0.49%
Hulic Company, Ltd. 3003.JP J23594112 Real Estate 10,200 $113,673.20 0.49%
Investor AB (Class B) INVEB.SS W5R777115 Financials 3,768 $114,495.17 0.49%
Whitbread Plc WTB.LN G9606P197 Consumer Discretionary 2,630 $112,473.44 0.49%
Bureau Veritas SA BVI.FP F96888114 Industrials 3,619 $110,314.97 0.48%
Daiwa House Industry Co., Ltd. 1925.JP J11508124 Real Estate 3,000 $111,600.99 0.48%
Essity Aktiebolag (Class B) ESSITYB.SS W3R06F100 Consumer Staples 4,154 $110,996.82 0.48%
Schindler Holding AG (Participation Certificate) SCHP.SW H7258G209 Industrials 291 $110,857.10 0.48%
Swiss Life Holding AG (Registered) SLHN.SW H8404J162 Financials 107 $111,376.04 0.48%
Hankyu Hanshin Holdings, Inc. 9042.JP J18439109 Industrials 3,600 $109,079.21 0.47%
KDDI Corporation 9433.JP J31843105 Communication Services 6,400 $109,645.94 0.47%
Mitsubishi HC Capital Inc. 8593.JP J4706D100 Financials 13,000 $109,499.49 0.47%
Secom Co. Ltd. 9735.JP J69972107 Industrials 2,800 $107,784.90 0.47%
Svenska Cellulosa AB SCA (Class B) SCAB.SS W90152120 Materials 8,167 $109,288.87 0.47%
Sanofi SAN.FP F5548N101 Health Care 1,134 $106,516.10 0.46%
SGS S.A. SGSN.SW H63838116 Industrials 1,030 $107,473.68 0.46%
Deutsche Telekom AG DTE.GY D2035M136 Communication Services 3,047 $105,128.55 0.45%
Fresenius SE & Co. KGaA FRE.GY D27348263 Health Care 1,849 $103,846.88 0.45%
RWE AG RWE.GY D6629K109 Utilities 2,464 $104,184.03 0.45%
West Japan Railway Company 9021.JP J95094108 Industrials 4,500 $104,284.91 0.45%
Contact Energy Limited CEN.NZ Q2818G104 Utilities 18,635 $102,325.33 0.44%
MEIJI Holdings Co., Ltd. 2269.JP J41729104 Consumer Staples 4,700 $101,203.84 0.44%
Symrise AG SY1.GY D827A1108 Materials 1,117 $102,066.50 0.44%
Japan Tobacco, Inc. 2914.JP J27869106 Consumer Staples 3,100 $100,222.23 0.43%
Suntory Beverage & Food Limited 2587.JP J78186103 Consumer Staples 3,100 $98,680.68 0.43%
Takeda Pharmaceutical Company Limited 4502.JP J8129E108 Health Care 3,300 $99,584.63 0.43%
Coca-Cola HBC AG CCH.LN H1512E100 Consumer Staples 1,943 $95,228.96 0.41%
Nestle S.A. (Registered) NESN.SW H57312649 Consumer Staples 1,049 $95,115.69 0.41%
Wolters Kluwer N.V. WKL.NA N9643A197 Industrials 739 $96,073.29 0.41%
AEON Company, Ltd. 8267.JP J00288100 Consumer Staples 7,500 $93,520.25 0.40%
East Japan Railway Company 9020.JP J1257M109 Industrials 3,700 $92,827.81 0.40%
Deutsche Boerse AG DB1.GY D1882G119 Financials 328 $89,510.21 0.39%
Otsuka Corporation 4768.JP J6243L115 Information Technology 4,200 $89,722.21 0.39%
Hannover Rueck SE HNR1.GY D3015J135 Financials 304 $87,633.53 0.38%
THE SAGE GROUP PLC SGE.LN G7771K142 Information Technology 5,923 $87,677.83 0.38%
Chubu Electric Power Company, Incorporated 9502.JP J06510101 Utilities 6,100 $85,848.91 0.37%
Nissin Foods Holdings Co., Ltd. 2897.JP J58063124 Consumer Staples 4,400 $86,036.92 0.37%
Shimadzu Corporation 7701.JP J72165129 Information Technology 3,400 $85,602.32 0.37%
Osaka Gas Co., Ltd. 9532.JP J62320130 Utilities 2,900 $84,471.52 0.36%
Scout24 SE G24.GY D345XT105 Communication Services 640 $83,467.70 0.36%
Asahi Group Holdings, Ltd. 2502.JP J02100113 Consumer Staples 6,400 $78,517.84 0.34%
Nippon Steel Corporation 5401.JP J55678106 Materials 3,600 $79,798.49 0.34%
Japan Airlines Co., Ltd. 9201.JP J25979121 Industrials 3,500 $75,483.78 0.33%
London Stock Exchange Group Plc LSEG.LN G5689U103 Financials 653 $76,048.26 0.33%
SG Holdings Co., Ltd. 9143.JP J7134P108 Industrials 7,000 $77,105.03 0.33%
Kao Corporation 4452.JP J30642169 Consumer Staples 1,600 $73,242.62 0.32%
Yakult Honsha Co., Ltd. 2267.JP J95468120 Consumer Staples 4,400 $74,077.78 0.32%
JFE Holdings, Inc. 5411.JP J2817M100 Materials 5,500 $71,915.99 0.31%
Novozymes A/S, part of Novonesis Group (Class B) NSISB.DC K7317J133 Materials 1,133 $71,192.39 0.31%
Ono Pharmaceutical Co., Ltd. 4528.JP J61546115 Health Care 6,200 $72,220.83 0.31%
Astellas Pharma Inc. 4503.JP J03393105 Health Care 6,000 $67,643.16 0.29%
Check Point Software Technologies Ltd. CHKP M22465104 Information Technology 302 $59,355.08 0.26%
US Dollar $USD Other 35,333 $35,333.07 0.15%
Australian Dollar $AUD Other 43,075 $28,657.92 0.12%
Singapore Dollar $SGD Other 18,012 $14,090.29 0.06%
Hong Kong Dollar $HKD Other 85,061 $10,935.42 0.05%
Pound Sterling $GBP Other 5,282 $7,197.58 0.03%
New Zealand Dollar $NZD Other 4,418 $2,634.11 0.01%
Danish Krone $DKK Other 195 $30.86 0.00%
Euro $EUR Other 905 $1,068.71 0.00%
Ferrovial SE FER.SM N3168P101 Industrials 19 $1,094.52 0.00%
New Israeli Shekel $ILS Other 167 $49.85 0.00%
Norwegian Krone $NOK Other 696 $70.87 0.00%
Holdings are subject to change.

The holdings information set forth above for the date indicated reflects creation and redemption transactions from the prior business day and may differ from the holdings information currently available from the Fund's custodian and accounting agent. With respect to the market value of the Fund's holdings set forth above, the pricing sources are generally third party vendors. The Fund ultimately relies on pricing information provided by the Fund's accounting agent.