First Trust Horizon Managed Volatility Small/Mid ETF (HSMV)
Holdings of the Fund as of 6/27/2025

Total Number of Holdings (excluding cash): 150

Security Name Identifier CUSIP Classification Shares / Quantity Market Value Weighting Descending sort
Innoviva, Inc. INVA 45781M101 Health Care 25,517 $509,319.32 2.37%
Post Holdings, Inc. POST 737446104 Consumer Staples 3,470 $377,293.10 1.75%
Four Corners Property Trust, Inc. FCPT 35086T109 Real Estate 12,011 $325,498.10 1.51%
Gaming and Leisure Properties, Inc. GLPI 36467J108 Real Estate 6,978 $323,639.64 1.51%
Agree Realty Corporation ADC 008492100 Real Estate 4,235 $306,402.25 1.42%
LTC Properties, Inc. LTC 502175102 Real Estate 8,371 $288,883.21 1.34%
Madison Square Garden Sports Corp. (Class A) MSGS 55825T103 Communication Services 1,308 $272,809.56 1.27%
OGE Energy Corp. OGE 670837103 Utilities 6,215 $273,708.60 1.27%
New Jersey Resources Corporation NJR 646025106 Utilities 5,963 $266,426.84 1.24%
AptarGroup, Inc. ATR 038336103 Materials 1,691 $263,491.62 1.23%
Enact Holdings, Inc. ACT 29249E109 Financials 7,073 $260,144.94 1.21%
IDACORP, Inc. IDA 451107106 Utilities 2,250 $257,602.50 1.20%
Old Republic International Corporation ORI 680223104 Financials 6,504 $247,932.48 1.15%
Graco Inc. GGG 384109104 Industrials 2,786 $240,013.90 1.12%
Ellington Financial Inc. EFC 28852N109 Financials 17,017 $220,880.66 1.03%
Fresh Del Monte Produce Inc. FDP G36738105 Consumer Staples 6,893 $220,989.58 1.03%
Starwood Property Trust, Inc. STWD 85571B105 Financials 10,888 $222,115.20 1.03%
Federated Hermes, Inc. (Class B) FHI 314211103 Financials 4,954 $219,214.50 1.02%
Ingredion Incorporated INGR 457187102 Consumer Staples 1,601 $217,511.86 1.01%
Essent Group Ltd. ESNT G3198U102 Financials 3,524 $213,695.36 0.99%
Black Hills Corporation BKH 092113109 Utilities 3,749 $209,719.06 0.98%
MSA Safety Incorporated MSA 553498106 Industrials 1,257 $210,333.81 0.98%
The New York Times Company (Class A) NYT 650111107 Communication Services 3,750 $208,537.50 0.97%
Exponent, Inc. EXPO 30214U102 Industrials 2,772 $205,571.52 0.96%
FirstCash Holdings, Inc. FCFS 33768G107 Financials 1,540 $207,153.10 0.96%
Getty Realty Corp. GTY 374297109 Real Estate 7,490 $206,948.70 0.96%
Flowers Foods, Inc. FLO 343498101 Consumer Staples 12,844 $205,118.68 0.95%
NNN REIT Inc. NNN 637417106 Real Estate 4,723 $202,522.24 0.94%
Phillips Edison & Company, Inc. PECO 71844V201 Real Estate 5,808 $202,699.20 0.94%
AECOM ACM 00766T100 Industrials 1,758 $198,284.82 0.92%
Silgan Holdings Inc. SLGN 827048109 Materials 3,592 $195,404.80 0.91%
RLI Corp. RLI 749607107 Financials 2,679 $191,066.28 0.89%
Balchem Corporation BCPC 057665200 Materials 1,201 $190,178.35 0.88%
Service Corporation International SCI 817565104 Consumer Discretionary 2,319 $189,346.35 0.88%
Annaly Capital Management, Inc. NLY 035710839 Financials 9,671 $187,714.11 0.87%
Chemed Corporation CHE 16359R103 Health Care 335 $187,385.60 0.87%
Portland General Electric Company POR 736508847 Utilities 4,579 $184,075.80 0.86%
Universal Corporation UVV 913456109 Consumer Staples 3,047 $178,676.08 0.83%
Northwest Natural Holding Company NWN 66765N105 Utilities 4,413 $175,549.14 0.82%
Donaldson Company, Inc. DCI 257651109 Industrials 2,494 $173,507.58 0.81%
FTI Consulting, Inc. FCN 302941109 Industrials 1,068 $171,627.60 0.80%
Spire Inc. SR 84857L101 Utilities 2,374 $173,040.86 0.80%
Encompass Health Corporation EHC 29261A100 Health Care 1,397 $170,713.40 0.79%
Equity Lifestyle Properties, Inc. ELS 29472R108 Real Estate 2,773 $170,428.58 0.79%
National Fuel Gas Company NFG 636180101 Utilities 1,999 $169,835.04 0.79%
WD-40 Company WDFC 929236107 Consumer Staples 747 $170,898.66 0.79%
Avista Corporation AVA 05379B107 Utilities 4,473 $168,363.72 0.78%
US Foods Holding Corp. USFD 912008109 Consumer Staples 2,170 $167,675.90 0.78%
COPT Defense Properties CDP 22002T108 Real Estate 5,888 $163,509.76 0.76%
Crown Holdings, Inc. CCK 228368106 Materials 1,551 $160,528.50 0.75%
Horace Mann Educators Corporation HMN 440327104 Financials 3,699 $158,650.11 0.74%
Prosperity Bancshares, Inc. PB 743606105 Financials 2,265 $158,821.80 0.74%
American Financial Group, Inc. AFG 025932104 Financials 1,261 $157,524.12 0.73%
NorthWestern Energy Group, Inc. NWE 668074305 Utilities 3,107 $157,990.95 0.73%
Albertsons Companies, Inc. (Class A) ACI 013091103 Consumer Staples 7,068 $149,770.92 0.70%
Armstrong World Industries, Inc. AWI 04247X102 Industrials 920 $150,070.40 0.70%
Commerce Bancshares, Inc. CBSH 200525103 Financials 2,410 $149,612.80 0.70%
Dolby Laboratories, Inc. DLB 25659T107 Information Technology 2,035 $150,691.75 0.70%
GATX Corporation GATX 361448103 Industrials 960 $148,771.20 0.69%
PennyMac Mortgage Investment Trust PMT 70931T103 Financials 11,560 $147,390.00 0.69%
The Hanover Insurance Group, Inc. THG 410867105 Financials 892 $149,410.00 0.69%
Antero Midstream Corp. AM 03676B102 Energy 7,752 $146,435.28 0.68%
The Ensign Group, Inc. ENSG 29358P101 Health Care 952 $145,989.20 0.68%
W.P. Carey Inc. WPC 92936U109 Real Estate 2,326 $146,235.62 0.68%
Franklin Electric Co., Inc. FELE 353514102 Industrials 1,586 $143,231.66 0.67%
Hilltop Holdings Inc. HTH 432748101 Financials 4,773 $144,860.55 0.67%
Morningstar, Inc. MORN 617700109 Financials 462 $144,610.62 0.67%
Radian Group Inc. RDN 750236101 Financials 4,032 $144,950.40 0.67%
Reliance Inc. RS 759509102 Materials 457 $144,782.17 0.67%
CSG Systems International, Inc. CSGS 126349109 Industrials 2,215 $142,601.70 0.66%
Gentex Corporation GNTX 371901109 Consumer Discretionary 6,409 $140,933.91 0.66%
Grand Canyon Education, Inc. LOPE 38526M106 Consumer Discretionary 733 $138,866.85 0.65%
MGIC Investment Corporation MTG 552848103 Financials 5,062 $140,065.54 0.65%
Assured Guaranty Ltd. AGO G0585R106 Financials 1,564 $136,928.20 0.64%
Clean Harbors, Inc. CLH 184496107 Industrials 593 $137,012.65 0.64%
Fidelity National Financial, Inc. FNF 31620R303 Financials 2,327 $131,545.31 0.61%
H&R Block, Inc. HRB 093671105 Consumer Discretionary 2,392 $130,842.40 0.61%
ARMOUR Residential REIT, Inc. ARR 042315705 Financials 7,784 $129,058.72 0.60%
Casey's General Stores, Inc. CASY 147528103 Consumer Staples 253 $128,063.54 0.60%
Choice Hotels International, Inc. CHH 169905106 Consumer Discretionary 1,012 $129,475.28 0.60%
Landstar System, Inc. LSTR 515098101 Industrials 918 $128,005.92 0.60%
Performance Food Group Company PFGC 71377A103 Consumer Staples 1,466 $128,231.02 0.60%
RPM International Inc. RPM 749685103 Materials 1,160 $128,249.60 0.60%
MAXIMUS, Inc. MMS 577933104 Industrials 1,823 $127,591.77 0.59%
Omega Healthcare Investors, Inc. OHI 681936100 Real Estate 3,444 $125,981.52 0.59%
Primerica, Inc. PRI 74164M108 Financials 472 $126,746.16 0.59%
Prestige Consumer Healthcare Inc. PBH 74112D101 Health Care 1,534 $124,100.60 0.58%
Korn Ferry KFY 500643200 Industrials 1,679 $122,583.79 0.57%
SEI Investments Company SEIC 784117103 Financials 1,358 $121,622.48 0.57%
NMI Holdings, Inc. (Class A) NMIH 629209305 Financials 2,847 $120,114.93 0.56%
Chesapeake Utilities Corporation CPK 165303108 Utilities 987 $119,259.21 0.55%
First American Financial Corporation FAF 31847R102 Financials 1,939 $118,724.97 0.55%
Genpact Limited G G3922B107 Industrials 2,703 $117,688.62 0.55%
Murphy USA Inc. MUSA 626755102 Consumer Discretionary 290 $118,282.30 0.55%
Arrow Electronics, Inc. ARW 042735100 Information Technology 910 $115,806.60 0.54%
J & J Snack Foods Corp. JJSF 466032109 Consumer Staples 1,047 $116,928.96 0.54%
MSC Industrial Direct Co., Inc. (Class A) MSM 553530106 Industrials 1,273 $108,816.04 0.51%
Essential Properties Realty Trust, Inc. EPRT 29670E107 Real Estate 3,339 $106,614.27 0.50%
ONE Gas, Inc. OGS 68235P108 Utilities 1,513 $108,315.67 0.50%
Progress Software Corporation PRGS 743312100 Information Technology 1,682 $107,244.32 0.50%
American Homes 4 Rent (Class A) AMH 02665T306 Real Estate 2,926 $105,160.44 0.49%
BJ's Wholesale Club Holdings, Inc. BJ 05550J101 Consumer Staples 930 $106,252.50 0.49%
Graphic Packaging Holding Company GPK 388689101 Materials 5,053 $106,214.06 0.49%
Innospec Inc. IOSP 45768S105 Materials 1,255 $105,771.40 0.49%
Churchill Downs Incorporated CHDN 171484108 Consumer Discretionary 1,023 $103,271.85 0.48%
Healthcare Realty Trust Inc. HR 42226K105 Real Estate 6,567 $103,495.92 0.48%
Lancaster Colony Corporation LANC 513847103 Consumer Staples 606 $104,110.80 0.48%
Sonoco Products Company SON 835495102 Materials 2,355 $103,196.10 0.48%
American States Water Company AWR 029899101 Utilities 1,314 $100,402.74 0.47%
Energizer Holdings, Inc. ENR 29272W109 Consumer Staples 5,015 $101,503.60 0.47%
Royal Gold, Inc. RGLD 780287108 Materials 580 $101,778.40 0.47%
Autoliv, Inc. ALV 052800109 Consumer Discretionary 884 $99,980.40 0.46%
Carlisle Companies Incorporated CSL 142339100 Industrials 266 $99,574.44 0.46%
ABM Industries Incorporated ABM 000957100 Industrials 2,098 $97,305.24 0.45%
Avnet, Inc. AVT 053807103 Information Technology 1,828 $96,262.48 0.45%
DT Midstream, Inc. DTM 23345M107 Energy 862 $93,845.94 0.44%
Kirby Corporation KEX 497266106 Industrials 824 $94,751.76 0.44%
Ryder System, Inc. R 783549108 Industrials 585 $94,114.80 0.44%
ITT Inc. ITT 45073V108 Industrials 588 $92,874.60 0.43%
KBR, Inc. KBR 48242W106 Industrials 1,911 $92,110.20 0.43%
CareTrust REIT, Inc. CTRE 14174T107 Real Estate 2,929 $89,627.40 0.42%
EPR Properties EPR 26884U109 Real Estate 1,567 $90,180.85 0.42%
Rayonier Inc. RYN 754907103 Real Estate 4,027 $89,077.24 0.41%
RenaissanceRe Holdings Ltd. RNR G7496G103 Financials 367 $88,615.82 0.41%
Edgewell Personal Care Company EPC 28035Q102 Consumer Staples 3,666 $85,234.50 0.40%
Hexcel Corporation HXL 428291108 Industrials 1,479 $84,155.10 0.39%
Affiliated Managers Group, Inc. AMG 008252108 Financials 404 $79,858.68 0.37%
Essential Utilities, Inc. WTRG 29670G102 Utilities 2,107 $77,790.44 0.36%
CNO Financial Group, Inc. CNO 12621E103 Financials 1,931 $74,246.95 0.35%
Reinsurance Group of America, Incorporated RGA 759351604 Financials 378 $74,647.44 0.35%
EastGroup Properties, Inc. EGP 277276101 Real Estate 403 $67,522.65 0.31%
California Water Service Group CWT 130788102 Utilities 1,365 $62,066.55 0.29%
Independence Realty Trust, Inc. IRT 45378A106 Real Estate 3,049 $53,570.93 0.25%
Sabra Health Care REIT, Inc. SBRA 78573L106 Real Estate 2,808 $51,274.08 0.24%
STAG Industrial, Inc. STAG 85254J102 Real Estate 1,315 $47,603.00 0.22%
CubeSmart CUBE 229663109 Real Estate 930 $39,404.10 0.18%
First Industrial Realty Trust, Inc. FR 32054K103 Real Estate 774 $37,887.30 0.18%
LXP Industrial Trust LXP 529043101 Real Estate 4,525 $38,191.00 0.18%
Ormat Technologies, Inc. ORA 686688102 Utilities 428 $36,016.20 0.17%
US Dollar $USD Other 35,482 $35,482.20 0.17%
Kite Realty Group Trust KRG 49803T300 Real Estate 1,521 $34,481.07 0.16%
Brixmor Property Group Inc. BRX 11120U105 Real Estate 1,279 $33,317.95 0.15%
Lamar Advertising Company LAMR 512816109 Real Estate 265 $32,025.25 0.15%
MDU Resources Group, Inc. MDU 552690109 Utilities 1,914 $31,695.84 0.15%
Otter Tail Corporation OTTR 689648103 Utilities 417 $32,755.35 0.15%
PotlatchDeltic Corporation PCH 737630103 Real Estate 817 $31,773.13 0.15%
Rexford Industrial Realty, Inc. REXR 76169C100 Real Estate 894 $32,389.62 0.15%
Southwest Gas Holdings, Inc. SWX 844895102 Utilities 448 $33,219.20 0.15%
UGI Corporation UGI 902681105 Utilities 904 $32,661.52 0.15%
Urban Edge Properties UE 91704F104 Real Estate 1,746 $32,947.02 0.15%
National Storage Affiliates Trust NSA 637870106 Real Estate 953 $30,324.46 0.14%
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.