First Trust Horizon Managed Volatility Small/Mid ETF (HSMV)
Holdings of the Fund as of 1/27/2022

Total Number of Holdings (excluding cash): 199

Security Name Identifier CUSIP Classification Shares / Quantity Market Value Weighting Descending sort
Allscripts Healthcare Solutions, Inc. MDRX 01988P108 Health Care 5,934 $116,840.46 0.82%
Flowers Foods, Inc. FLO 343498101 Consumer Staples 3,612 $101,533.32 0.71%
OGE Energy Corp. OGE 670837103 Utilities 2,688 $100,235.52 0.71%
Silgan Holdings Inc. SLGN 827048109 Materials 2,227 $98,656.10 0.69%
IDACORP, Inc. IDA 451107106 Utilities 891 $94,980.60 0.67%
Medical Properties Trust, Inc. MPW 58463J304 Real Estate 4,327 $95,064.19 0.67%
NorthWestern Corporation NWE 668074305 Utilities 1,614 $93,837.96 0.66%
Omega Healthcare Investors, Inc. OHI 681936100 Real Estate 3,063 $92,073.78 0.65%
Post Holdings, Inc. POST 737446104 Consumer Staples 877 $91,856.98 0.65%
Viavi Solutions Inc. VIAV 925550105 Information Technology 5,934 $92,807.76 0.65%
Arrow Electronics, Inc. ARW 042735100 Information Technology 755 $90,411.25 0.64%
Essential Utilities, Inc. WTRG 29670G102 Utilities 1,923 $90,765.60 0.64%
FTI Consulting, Inc. FCN 302941109 Industrials 638 $91,380.74 0.64%
Life Storage, Inc. LSI 53223X107 Real Estate 701 $91,214.12 0.64%
MDU Resources Group, Inc. MDU 552690109 Utilities 3,145 $90,670.35 0.64%
Rexford Industrial Realty, Inc. REXR 76169C100 Real Estate 1,325 $91,544.25 0.64%
UGI Corporation UGI 902681105 Utilities 2,059 $91,110.75 0.64%
First Industrial Realty Trust, Inc. FR 32054K103 Real Estate 1,514 $89,326.00 0.63%
Lancaster Colony Corporation LANC 513847103 Consumer Staples 565 $89,693.75 0.63%
Old Republic International Corporation ORI 680223104 Financials 3,550 $89,495.50 0.63%
American States Water Company AWR 029899101 Utilities 977 $87,695.52 0.62%
Commerce Bancshares, Inc. CBSH 200525103 Financials 1,316 $88,145.68 0.62%
EastGroup Properties, Inc. EGP 277276101 Real Estate 459 $87,604.74 0.62%
Ellington Financial Inc. EFC 28852N109 Financials 5,032 $88,663.84 0.62%
First American Financial Corporation FAF 31847R102 Financials 1,226 $88,431.38 0.62%
RenaissanceRe Holdings Ltd. RNR G7496G103 Financials 576 $88,277.76 0.62%
RPM International Inc. RPM 749685103 Materials 1,019 $88,581.67 0.62%
Valvoline Inc. VVV 92047W101 Materials 2,722 $88,356.12 0.62%
Alleghany Corporation Y 017175100 Financials 134 $86,123.14 0.61%
Ashland Global Holdings Inc. ASH 044186104 Materials 922 $87,138.22 0.61%
Avnet, Inc. AVT 053807103 Information Technology 2,167 $86,571.65 0.61%
California Water Service Group CWT 130788102 Utilities 1,452 $87,395.88 0.61%
Easterly Government Properties, Inc. DEA 27616P103 Real Estate 4,236 $87,134.52 0.61%
Genpact Limited G G3922B107 Information Technology 1,807 $86,193.90 0.61%
Ingredion Incorporated INGR 457187102 Consumer Staples 923 $87,288.11 0.61%
LXP Industrial Trust LXP 529043101 Real Estate 6,142 $86,295.10 0.61%
MSC Industrial Direct Co., Inc. (Class A) MSM 553530106 Industrials 1,069 $86,546.24 0.61%
National Storage Affiliates Trust NSA 637870106 Real Estate 1,468 $86,274.36 0.61%
Physicians Realty Trust DOC 71943U104 Real Estate 4,913 $86,665.32 0.61%
Camden Property Trust CPT 133131102 Real Estate 565 $85,038.15 0.60%
Cousins Properties Incorporated CUZ 222795502 Real Estate 2,261 $84,764.89 0.60%
Healthcare Realty Trust Incorporated HR 421946104 Real Estate 2,842 $85,061.06 0.60%
National Retail Properties, Inc. NNN 637417106 Real Estate 1,984 $85,133.44 0.60%
Sonoco Products Company SON 835495102 Materials 1,511 $85,265.73 0.60%
Spirit Realty Capital, Inc. SRC 84860W300 Real Estate 1,877 $85,253.34 0.60%
The Toro Company TTC 891092108 Industrials 913 $85,931.56 0.60%
American Campus Communities, Inc. ACC 024835100 Real Estate 1,674 $84,168.72 0.59%
Carlisle Companies Incorporated CSL 142339100 Industrials 387 $83,398.50 0.59%
Casey's General Stores, Inc. CASY 147528103 Consumer Staples 454 $84,198.84 0.59%
Choice Hotels International, Inc. CHH 169905106 Consumer Discretionary 603 $83,810.97 0.59%
Encompass Health Corporation EHC 29261A100 Health Care 1,363 $83,906.28 0.59%
TTM Technologies, Inc. TTMI 87305R109 Information Technology 6,409 $84,406.53 0.59%
Chemed Corporation CHE 16359R103 Health Care 182 $82,324.06 0.58%
Ciena Corporation CIEN 171779309 Information Technology 1,293 $82,208.94 0.58%
CyrusOne Inc. CONE 23283R100 Real Estate 926 $82,793.66 0.58%
FactSet Research Systems Inc. FDS 303075105 Financials 204 $82,995.36 0.58%
Mr. Cooper Group Inc. COOP 62482R107 Financials 2,071 $82,301.54 0.58%
Murphy USA Inc. MUSA 626755102 Consumer Discretionary 436 $82,142.40 0.58%
PNM Resources, Inc. PNM 69349H107 Utilities 1,866 $82,831.74 0.58%
PS Business Parks, Inc. PSB 69360J107 Real Estate 510 $82,181.40 0.58%
Royal Gold, Inc. RGLD 780287108 Materials 828 $82,775.16 0.58%
Service Corporation International SCI 817565104 Consumer Discretionary 1,388 $81,878.12 0.58%
Werner Enterprises, Inc. WERN 950755108 Industrials 1,893 $81,739.74 0.58%
Agree Realty Corporation ADC 008492100 Real Estate 1,295 $81,092.90 0.57%
Cirrus Logic, Inc. CRUS 172755100 Information Technology 970 $80,345.10 0.57%
Donaldson Company, Inc. DCI 257651109 Industrials 1,489 $80,465.56 0.57%
Energizer Holdings, Inc. ENR 29272W109 Consumer Staples 2,158 $80,471.82 0.57%
Graco Inc. GGG 384109104 Industrials 1,157 $80,781.74 0.57%
Hubbell Incorporated HUBB 443510607 Industrials 440 $80,410.00 0.57%
MAXIMUS, Inc. MMS 577933104 Information Technology 1,067 $80,302.42 0.57%
PennyMac Mortgage Investment Trust PMT 70931T103 Financials 4,736 $81,364.48 0.57%
Rayonier Inc. RYN 754907103 Real Estate 2,314 $81,637.92 0.57%
Sprouts Farmers Market, Inc. SFM 85208M102 Consumer Staples 2,853 $80,654.31 0.57%
AptarGroup, Inc. ATR 038336103 Materials 700 $79,555.00 0.56%
Fair Isaac Corporation FICO 303250104 Information Technology 188 $79,522.12 0.56%
Lincoln Electric Holdings, Inc. LECO 533900106 Industrials 635 $79,267.05 0.56%
STORE Capital Corporation STOR 862121100 Real Estate 2,643 $79,607.16 0.56%
Watsco, Inc. WSO 942622200 Industrials 295 $80,216.40 0.56%
Corporate Office Properties Trust OFC 22002T108 Real Estate 3,225 $78,754.50 0.55%
Gentex Corporation GNTX 371901109 Consumer Discretionary 2,492 $77,949.76 0.55%
Independence Realty Trust, Inc. IRT 45378A106 Real Estate 3,523 $77,646.92 0.55%
Lamar Advertising Company LAMR 512816109 Real Estate 746 $78,053.98 0.55%
Landstar System, Inc. LSTR 515098101 Industrials 518 $78,316.42 0.55%
MSA Safety Incorporated MSA 553498106 Industrials 592 $77,984.16 0.55%
Nordson Corporation NDSN 655663102 Industrials 349 $78,134.12 0.55%
SEI Investments Company SEIC 784117103 Financials 1,413 $78,803.01 0.55%
ARMOUR Residential REIT, Inc. ARR 042315507 Financials 8,462 $77,004.20 0.54%
CACI International Inc. CACI 127190304 Industrials 316 $76,990.24 0.54%
Wyndham Hotels & Resorts, Inc. WH 98311A105 Consumer Discretionary 951 $77,031.00 0.54%
Envista Holdings Corporation NVST 29415F104 Health Care 1,825 $75,555.00 0.53%
Globus Medical, Inc. (Class A) GMED 379577208 Health Care 1,179 $75,078.72 0.53%
MGIC Investment Corporation MTG 552848103 Financials 5,056 $74,626.56 0.53%
Essent Group Ltd. ESNT G3198U102 Financials 1,689 $74,130.21 0.52%
Highwoods Properties, Inc. HIW 431284108 Real Estate 1,760 $73,550.40 0.52%
Jazz Pharmaceuticals Plc JAZZ G50871105 Health Care 550 $74,277.50 0.52%
Prosperity Bancshares, Inc. PB 743606105 Financials 1,002 $73,977.66 0.52%
Kemper Corporation KMPR 488401100 Financials 1,253 $73,024.84 0.51%
Kilroy Realty Corp KRC 49427F108 Real Estate 1,191 $72,948.75 0.51%
Lennox International Inc. LII 526107107 Industrials 264 $71,926.80 0.51%
Stericycle, Inc. SRCL 858912108 Industrials 1,303 $72,564.07 0.51%
Columbia Sportswear Company COLM 198516106 Consumer Discretionary 821 $71,550.15 0.50%
CDK Global, Inc. CDK 12508E101 Information Technology 1,685 $70,096.00 0.49%
Cullen/Frost Bankers, Inc. CFR 229899109 Financials 515 $69,937.00 0.49%
ITT Inc. ITT 45073V108 Industrials 780 $70,309.20 0.49%
KBR, Inc. KBR 48242W106 Industrials 1,593 $68,945.04 0.49%
Reliance Steel & Aluminum Co. RS 759509102 Materials 458 $68,974.80 0.49%
The Hain Celestial Group, Inc. HAIN 405217100 Consumer Staples 1,966 $69,950.28 0.49%
TreeHouse Foods, Inc. THS 89469A104 Consumer Staples 1,801 $69,842.78 0.49%
Two Harbors Investment Corp. TWO 90187B408 Financials 12,619 $69,278.31 0.49%
Science Applications International Corporation SAIC 808625107 Industrials 838 $68,229.96 0.48%
Syneos Health, Inc. SYNH 87166B102 Health Care 806 $68,832.40 0.48%
Associated Banc-Corp ASB 045487105 Financials 2,806 $66,838.92 0.47%
Brandywine Realty Trust BDN 105368203 Real Estate 5,368 $67,475.76 0.47%
Jabil Inc. JBL 466313103 Information Technology 1,155 $67,244.10 0.47%
Knight-Swift Transportation Holdings Inc. KNX 499049104 Industrials 1,236 $67,411.44 0.47%
Molina Healthcare, Inc. MOH 60855R100 Health Care 242 $66,755.70 0.47%
American Financial Group, Inc. AFG 025932104 Financials 526 $65,991.96 0.46%
Grocery Outlet Holding Corp. GO 39874R101 Consumer Staples 2,645 $64,934.75 0.46%
Reinsurance Group of America, Incorporated RGA 759351604 Financials 582 $64,875.54 0.46%
TD SYNNEX Corporation SNX 87162W100 Information Technology 648 $64,877.76 0.46%
Xerox Holdings Corporation XRX 98421M106 Information Technology 3,205 $65,478.15 0.46%
Douglas Emmett, Inc. DEI 25960P109 Real Estate 2,106 $63,516.96 0.45%
First Horizon Corporation FHN 320517105 Financials 3,740 $64,028.80 0.45%
H&R Block, Inc. HRB 093671105 Consumer Discretionary 2,917 $63,561.43 0.45%
Helen of Troy Limited HELE G4388N106 Consumer Discretionary 312 $64,144.08 0.45%
Integra LifeSciences Holdings Corporation IART 457985208 Health Care 1,018 $63,991.48 0.45%
Jack in the Box Inc. JACK 466367109 Consumer Discretionary 722 $64,619.00 0.45%
Masimo Corporation MASI 574795100 Health Care 318 $63,437.82 0.45%
New York Community Bancorp, Inc. NYCB 649445103 Financials 5,462 $63,905.40 0.45%
Pacira BioSciences, Inc. PCRX 695127100 Health Care 1,030 $63,283.20 0.45%
Sabra Health Care REIT, Inc. SBRA 78573L106 Real Estate 4,872 $64,602.72 0.45%
Stifel Financial Corp. SF 860630102 Financials 885 $63,976.65 0.45%
United Therapeutics Corporation UTHR 91307C102 Health Care 326 $63,625.42 0.45%
World Wrestling Entertainment, Inc. WWE 98156Q108 Communication Services 1,318 $64,357.94 0.45%
AECOM ACM 00766T100 Industrials 930 $62,068.20 0.44%
Bank OZK OZK 06417N103 Financials 1,351 $62,767.46 0.44%
CONMED Corporation CNMD 207410101 Health Care 486 $63,204.30 0.44%
Grand Canyon Education, Inc. LOPE 38526M106 Consumer Discretionary 758 $62,368.24 0.44%
SLM Corporation SLM 78442P106 Financials 3,559 $62,353.68 0.44%
Commvault Systems, Inc. CVLT 204166102 Information Technology 911 $60,627.05 0.43%
Jones Lang LaSalle Incorporated JLL 48020Q107 Real Estate 258 $61,269.84 0.43%
Lear Corporation LEA 521865204 Consumer Discretionary 364 $60,897.20 0.43%
ManpowerGroup Inc. MAN 56418H100 Industrials 594 $60,516.72 0.43%
Papa John's International, Inc. PZZA 698813102 Consumer Discretionary 523 $61,750.61 0.43%
AMN Healthcare Services, Inc. AMN 001744101 Health Care 607 $60,190.12 0.42%
BJ's Wholesale Club Holdings, Inc. BJ 05550J101 Consumer Staples 1,055 $60,346.00 0.42%
Cognex Corporation CGNX 192422103 Information Technology 957 $59,927.34 0.42%
Eagle Materials Inc. EXP 26969P108 Materials 419 $59,200.51 0.42%
Jefferies Financial Group Inc. JEF 47233W109 Financials 1,716 $59,819.76 0.42%
Littelfuse, Inc. LFUS 537008104 Information Technology 234 $59,606.82 0.42%
Mattel, Inc. MAT 577081102 Consumer Discretionary 3,028 $60,136.08 0.42%
NuVasive, Inc. NUVA 670704105 Health Care 1,205 $60,310.25 0.42%
The Middleby Corporation MIDD 596278101 Industrials 337 $59,763.58 0.42%
The Scotts Miracle-Gro Company SMG 810186106 Materials 405 $59,510.70 0.42%
Valley National Bancorp VLY 919794107 Financials 4,456 $59,487.60 0.42%
Ziff Davis Inc. ZD 48123V102 Communication Services 585 $59,634.90 0.42%
Exponent, Inc. EXPO 30214U102 Industrials 635 $57,581.80 0.41%
Polaris Inc. PII 731068102 Consumer Discretionary 529 $57,645.13 0.41%
Carter's, Inc. CRI 146229109 Consumer Discretionary 616 $56,222.32 0.40%
Mercury Systems, Inc. MRCY 589378108 Industrials 1,037 $56,651.31 0.40%
Texas Roadhouse, Inc. TXRH 882681109 Consumer Discretionary 706 $56,564.72 0.40%
Clean Harbors, Inc. CLH 184496107 Industrials 620 $55,074.60 0.39%
EMCOR Group, Inc. EME 29084Q100 Industrials 476 $55,120.80 0.39%
Kinsale Capital Group, Inc. KNSL 49714P108 Financials 303 $55,779.27 0.39%
Patterson Companies, Inc. PDCO 703395103 Health Care 1,990 $55,361.80 0.39%
Cracker Barrel Old Country Store, Inc. CBRL 22410J106 Consumer Discretionary 466 $53,501.46 0.38%
Oshkosh Corporation OSK 688239201 Industrials 481 $54,107.69 0.38%
Regal Rexnord Corp RRX 758750103 Industrials 352 $54,714.88 0.38%
The New York Times Company (Class A) NYT 650111107 Communication Services 1,440 $54,129.60 0.38%
ABM Industries Incorporated ABM 000957100 Industrials 1,289 $52,101.38 0.37%
Acadia Healthcare Company, Inc. ACHC 00404A109 Health Care 1,041 $52,934.85 0.37%
ASGN Incorporated ASGN 00191U102 Industrials 471 $52,643.67 0.37%
Evercore Inc. EVR 29977A105 Financials 458 $53,228.76 0.37%
nVent Electric Plc NVT G6700G107 Industrials 1,551 $51,974.01 0.37%
Owens Corning OC 690742101 Industrials 616 $53,210.08 0.37%
Woodward, Inc. WWD 980745103 Industrials 492 $52,875.24 0.37%
ICU Medical, Inc. ICUI 44930G107 Health Care 251 $51,081.01 0.36%
Janus Henderson Group Plc JHG G4474Y214 Financials 1,428 $51,093.84 0.36%
The Timken Company TKR 887389104 Industrials 771 $51,186.69 0.36%
LHC Group, Inc. LHCG 50187A107 Health Care 438 $49,975.80 0.35%
Manhattan Associates, Inc. MANH 562750109 Information Technology 399 $49,695.45 0.35%
Universal Display Corporation OLED 91347P105 Information Technology 354 $49,754.70 0.35%
Crane Co. CR 224399105 Industrials 489 $48,513.69 0.34%
AGCO Corporation AGCO 001084102 Industrials 409 $46,360.15 0.33%
Compass Minerals International, Inc. CMP 20451N101 Materials 875 $47,512.50 0.33%
Flowserve Corporation FLS 34354P105 Industrials 1,448 $46,625.60 0.33%
Medpace Holdings, Inc. MEDP 58506Q109 Health Care 286 $47,261.50 0.33%
Affiliated Managers Group, Inc. AMG 008252108 Financials 324 $44,854.56 0.32%
Atlas Air Worldwide Holdings, Inc. AAWW 049164205 Industrials 598 $45,495.84 0.32%
Colfax Corporation CFX 194014106 Industrials 1,133 $45,761.87 0.32%
Tetra Tech, Inc. TTEK 88162G103 Industrials 349 $44,881.40 0.32%
US Dollar $USD Other 45,050 $45,050.19 0.32%
Five Below, Inc. FIVE 33829M101 Consumer Discretionary 286 $44,158.40 0.31%
IAA Inc. IAA 449253103 Industrials 1,054 $44,563.12 0.31%
Silicon Laboratories Inc. SLAB 826919102 Information Technology 295 $44,438.80 0.31%
Deckers Outdoor Corporation DECK 243537107 Consumer Discretionary 143 $42,734.12 0.30%
Ryder System, Inc. R 783549108 Industrials 610 $43,102.60 0.30%
Perficient, Inc. PRFT 71375U101 Information Technology 440 $41,888.00 0.29%
XPO Logistics, Inc. XPO 983793100 Industrials 637 $39,959.01 0.28%
Trex Company, Inc. TREX 89531P105 Industrials 431 $36,833.26 0.26%
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.