CAAA vs HSMV

Comparison between FIRST TRUST AAA CMBS ETF (CAAA, ETF) and FIRST TRUST HORIZON MANAGED VOLATILITY SMALL/MID ETF (HSMV, ETF).

CAAA vs HSMV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CAAA(ETF)	HSMV(ETF)
Net Assets	$35M	$35M
Expense Ratio	0.30%	0.80%
Max Drawdown	3.67%	19.84%
Sharpe Ratio	0.18	0.68
5Y Beta	0.02	0.50
P/E Ratio	N/A	16.44
Forward P/E	N/A	15.21
5Y Dividends CAGR	N/A	23.96%
5Y EPS CAGR	N/A	6.45%
Debt to Equity	N/A	48.17%
P/S Ratio	N/A	1.64
P/B Ratio	N/A	1.77

Net Assets

CAAA

$35M

HSMV

$35M

Expense Ratio

Winner

CAAA

0.30%

HSMV

0.80%

Max Drawdown

Winner

CAAA

3.67%

HSMV

19.84%

Sharpe Ratio

CAAA

0.18

Winner

HSMV

0.68

5Y Beta

Winner

CAAA

0.02

HSMV

0.50

P/E Ratio

CAAA

N/A

HSMV

16.44

Forward P/E

CAAA

N/A

HSMV

15.21

5Y Dividends CAGR

CAAA

N/A

HSMV

23.96%

5Y EPS CAGR

CAAA

N/A

HSMV

6.45%

Debt to Equity

CAAA

N/A

HSMV

48.17%

P/S Ratio

CAAA

N/A

HSMV

1.64

P/B Ratio

CAAA

N/A

HSMV

1.77

CAAA vs HSMV - Holdings Comparison

CAAA and HSMV have 0 common holdings. Overlap is 0.00%

CAAA's top 25 holdings weight is 4.13%. HSMV's top 25 holdings weight is 32.71%.

Rank	CAAA	HSMV
#1	MORGAN STANLEY INSTL LQUDTY TRS INSTL (MISXX) - 4.13%	n/a (PECO) - 2.17%
#2	N/A	OGE ENERGY CORP (OGE) - 2.07%
#3	N/A	ELLINGTON FINANCIAL INC (EFC) - 1.61%
#4	N/A	IDACORP INC (IDA) - 1.59%
#5	N/A	INGREDION INC (INGR) - 1.55%
#6	N/A	NNN REIT INC (NNN) - 1.54%
#7	N/A	STARWOOD PROPERTY TRUST INC (STWD) - 1.45%
#8	N/A	AGREE REALTY CORP (ADC) - 1.38%
#9	N/A	FOUR CORNERS PROPERTY TRUST INC (FCPT) - 1.36%
#10	N/A	DT MIDSTREAM INC ORDINARY SHARES (DTM) - 1.28%
#11	N/A	GRACO INC (GGG) - 1.21%
#12	N/A	MONARCH CASINO & RESORT INC (MCRI) - 1.21%
#13	N/A	GRANITE CONSTRUCTION INC (GVA) - 1.21%
#14	N/A	ANTERO MIDSTREAM CORP (AM) - 1.20%
#15	N/A	GATX CORP (GATX) - 1.18%
#16	N/A	THE HANOVER INSURANCE GROUP INC (THG) - 1.17%
#17	N/A	RELIANCE INC (RS) - 1.16%
#18	N/A	CITY HOLDING CO (CHCO) - 1.09%
#19	N/A	WATTS WATER TECHNOLOGIES INC CLASS A (WTS) - 1.08%
#20	N/A	SERVICE CORP INTERNATIONAL (SCI) - 1.07%
#21	N/A	W.P. CAREY INC (WPC) - 1.07%
#22	N/A	ANNALY CAPITAL MANAGEMENT INC (NLY) - 1.03%
#23	N/A	BALCHEM CORP (BCPC) - 1.02%
#24	N/A	ONE GAS INC (OGS) - 1.01%
#25	N/A	NEW JERSEY RESOURCES CORP (NJR) - 1.00%
Total Holdings	1	151

CAAA vs HSMV - Historical Returns

Returns include dividend reinvestment.

Period	CAAA	HSMV
1 month	-0.10%	+4.27%
3 months	-0.12%	+3.47%
6 months	+0.84%	+5.90%
1 year	+4.07%	+11.19%
5 years(CAGR)	N/A	+5.14%
Max(CAGR)	+5.64%	+11.66%

CAAA

-0.10%

Winner

HSMV

+4.27%

CAAA

-0.12%

Winner

HSMV

+3.47%

CAAA

+0.84%

Winner

HSMV

+5.90%

CAAA

+4.07%

Winner

HSMV

+11.19%

5Y(CAGR)

CAAA

N/A

HSMV

+5.14%

Max(CAGR)

CAAA

+5.64%

Winner

HSMV

+11.66%

CAAA vs HSMV - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

Year	CAAA	HSMV
2026	+0.89%	+9.61%
2025	+7.92%	+2.19%
2024	+4.65%	+13.29%
2023	N/A	+4.87%
2022	N/A	-9.51%
2021	N/A	+25.06%
2020	N/A	+34.69%

CAAA vs HSMV Drawdown Comparison

The maximum drawdown for CAAA was -2.24%, occurring on Nov 13, 2024. Recovery took 107 trading sessions.

The maximum drawdown for HSMV was -19.16%, occurring on Sep 30, 2022. Recovery took 590 trading sessions.

The current CAAA drawdown is -0.74%. The current HSMV drawdown is -1.30%.

Rank	CAAA	HSMV
#1	-2.24% Sep 17, 2024 - Feb 21, 2025	-19.16% Jan 4, 2022 - May 10, 2024
#2	-2.08% Feb 17, 2026 - Mar 27, 2026	-15.45% Nov 25, 2024 - Feb 6, 2026
#3	-1.63% Mar 27, 2024 - Jun 3, 2024	-9.48% Aug 12, 2020 - Nov 9, 2020
#4	-1.47% Apr 4, 2025 - Apr 28, 2025	-8.83% Jun 8, 2020 - Aug 7, 2020
#5	-1.01% Sep 15, 2025 - Oct 27, 2025	-8.59% Apr 29, 2020 - May 26, 2020
#6	-0.97% May 1, 2025 - Jun 4, 2025	-7.83% Mar 2, 2026 - Jun 26, 2026
#7	-0.90% Aug 5, 2024 - Aug 21, 2024	-6.87% Nov 15, 2021 - Dec 28, 2021
#8	-0.83% Nov 28, 2025 - Jan 12, 2026	-5.35% Jul 30, 2024 - Aug 23, 2024
#9	-0.83% Jun 30, 2025 - Aug 1, 2025	-4.86% Sep 2, 2021 - Oct 21, 2021
#10	-0.79% Mar 8, 2024 - Mar 27, 2024	-4.38% Apr 9, 2020 - Apr 27, 2020
#11	-0.72% Jun 18, 2024 - Jul 5, 2024	-4.35% Jun 11, 2021 - Aug 27, 2021
#12	-0.62% Jun 6, 2024 - Jun 13, 2024	-4.07% Jan 25, 2021 - Feb 5, 2021
#13	-0.59% Jul 16, 2024 - Jul 31, 2024	-3.93% Mar 15, 2021 - Apr 5, 2021
#14	-0.56% Jan 12, 2026 - Feb 5, 2026	-3.84% May 15, 2024 - Jul 11, 2024
#15	-0.53% Oct 27, 2025 - Nov 18, 2025	-3.79% May 7, 2021 - Jun 8, 2021