HSMV vs CUT

Comparison between FIRST TRUST HORIZON MANAGED VOLATILITY SMALL/MID ETF (HSMV, ETF) and INVESCO MSCI GLOBAL TIMBER ETF (CUT, ETF).

5-Year PerformanceHSMV has outperformed CUT, delivering a return of +4.0% compared to -4.5%

HSMV vs CUT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HSMV(ETF)	CUT(ETF)
Net Assets	$30M	$30M
Expense Ratio	0.80%	0.76%
Max Drawdown	19.84%	71.20%
Sharpe Ratio	0.30	-0.56
5Y Beta	0.52	0.64
P/E Ratio	15.91	N/A
Forward P/E	14.75	N/A
5Y Dividends CAGR	27.74%	4.90%
5Y EPS CAGR	7.29%	N/A
Debt to Equity	47.67%	N/A
P/S Ratio	1.56	N/A
P/B Ratio	1.71	N/A

Net Assets

Winner

HSMV

$30M

CUT

$30M

Expense Ratio

HSMV

0.80%

Winner

CUT

0.76%

Max Drawdown

Winner

HSMV

19.84%

CUT

71.20%

Sharpe Ratio

Winner

HSMV

0.30

CUT

-0.56

5Y Beta

Winner

HSMV

0.52

CUT

0.64

P/E Ratio

HSMV

15.91

CUT

N/A

Forward P/E

HSMV

14.75

CUT

N/A

5Y Dividends CAGR

Winner

HSMV

27.74%

CUT

4.90%

5Y EPS CAGR

HSMV

7.29%

CUT

N/A

Debt to Equity

HSMV

47.67%

CUT

N/A

P/S Ratio

HSMV

1.56

CUT

N/A

P/B Ratio

HSMV

1.71

CUT

N/A

HSMV vs CUT - Holdings Comparison

HSMV and CUT have 3 common holdings. Overlap is 0.83%

HSMV's top 25 holdings weight is 32.90%. CUT's top 25 holdings weight is 88.40%.

Rank	HSMV	CUT
#1	n/a (PECO) - 2.17%	UPM-KYMMENE OYJ (n/a) - 5.70%
#2	OGE ENERGY CORP (OGE) - 2.10%	PACKAGING CORP OF AMERICA (PKG) - 5.69%
#3	INGREDION INC (INGR) - 1.72%	WEYERHAEUSER CO (WY) - 5.55%
#4	ELLINGTON FINANCIAL INC (EFC) - 1.64%	AVERY DENNISON CORP (AVY) - 5.14%
#5	STARWOOD PROPERTY TRUST INC (STWD) - 1.57%	STORA ENSO OYJ CLASS R (n/a) - 5.11%
#6	IDACORP INC (IDA) - 1.53%	SVENSKA CELLULOSA AB CLASS B (n/a) - 4.98%
#7	NNN REIT INC (NNN) - 1.52%	AMCOR PLC ORDINARY SHARES (AMCR) - 4.92%
#8	FOUR CORNERS PROPERTY TRUST INC (FCPT) - 1.43%	SMURFIT WESTROCK PLC (SW) - 4.83%
#9	AGREE REALTY CORP (ADC) - 1.40%	RAYONIER INC (RYN) - 4.48%
#10	DT MIDSTREAM INC ORDINARY SHARES (DTM) - 1.33%	SUZANO SA (n/a) - 4.39%
#11	GRACO INC (GGG) - 1.24%	INTERNATIONAL PAPER CO (IP) - 4.08%
#12	RELIANCE INC (RS) - 1.20%	SONOCO PRODUCTS CO (SON) - 3.73%
#13	ANTERO MIDSTREAM CORP (AM) - 1.18%	LOUISIANA-PACIFIC CORP (LPX) - 3.51%
#14	GATX CORP (GATX) - 1.16%	SIG GROUP AG ORDINARY SHARES (n/a) - 3.45%
#15	W.P. CAREY INC (WPC) - 1.14%	MONDI PLC (n/a) - 3.38%
#16	SERVICE CORP INTERNATIONAL (SCI) - 1.10%	OJI HOLDINGS CORP (n/a) - 2.80%
#17	MONARCH CASINO & RESORT INC (MCRI) - 1.10%	WEST FRASER TIMBER CO.LTD (WFG) - 2.60%
#18	ONE GAS INC (OGS) - 1.10%	HUHTAMÃ¤KI OYJ (n/a) - 2.32%
#19	THE HANOVER INSURANCE GROUP INC (THG) - 1.09%	GRAPHIC PACKAGING HOLDING CO (GPK) - 2.31%
#20	NEW JERSEY RESOURCES CORP (NJR) - 1.05%	STELLA-JONES INC (n/a) - 2.07%
#21	CITY HOLDING CO (CHCO) - 1.05%	n/a (n/a) - 2.03%
#22	GRANITE CONSTRUCTION INC (GVA) - 1.04%	HOLMEN AB CLASS B (n/a) - 1.78%
#23	ANNALY CAPITAL MANAGEMENT INC (NLY) - 1.02%	RENGO CO LTD (n/a) - 1.30%
#24	UNIVERSAL CORP (UVV) - 1.01%	BILLERUD AB (n/a) - 1.18%
#25	INNOSPEC INC (IOSP) - 1.01%	EMPRESAS CMPC SA (n/a) - 1.07%
Total Holdings	151	65

HSMV vs CUT - Historical Returns

Returns include dividend reinvestment.

Period	HSMV	CUT
1 month	-1.11%	-1.90%
3 months	-1.10%	-9.47%
6 months	+5.36%	-3.63%
1 year	+6.55%	-8.54%
5 years(CAGR)	+4.01%	-4.45%
10 years(CAGR)	N/A	+3.79%
Max(CAGR)	+11.05%	+2.66%

Winner

HSMV

-1.11%

CUT

-1.90%

Winner

HSMV

-1.10%

CUT

-9.47%

Winner

HSMV

+5.36%

CUT

-3.63%

Winner

HSMV

+6.55%

CUT

-8.54%

5Y(CAGR)

Winner

HSMV

+4.01%

CUT

-4.45%

10Y(CAGR)

HSMV

N/A

CUT

+3.79%

Max(CAGR)

Winner

HSMV

+11.05%

CUT

+2.66%

HSMV vs CUT - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	HSMV	CUT
2026	+4.50%	-7.37%
2025	+2.19%	-5.86%
2024	+13.29%	+2.66%
2023	+4.87%	+8.42%
2022	-9.51%	-15.92%
2021	+25.06%	+12.98%
2020	+34.69%	+18.11%
2019	N/A	+22.12%
2018	N/A	-22.31%
2017	N/A	+29.21%
2016	N/A	+8.98%
2015	N/A	-0.73%
2014	N/A	-2.23%
2013	N/A	+24.95%
2012	N/A	+21.44%
2011	N/A	-19.23%
2010	N/A	+16.52%
2009	N/A	+46.82%
2008	N/A	-48.23%
2007	N/A	-2.28%

HSMV vs CUT Drawdown Comparison

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

The maximum drawdown for CUT was -70.05%, occurring on Mar 9, 2009. Recovery took 1323 trading sessions.

The current HSMV drawdown is -2.86%. The current CUT drawdown is -23.59%.

Rank	HSMV	CUT
#1	-19.16% Jan 4, 2022 - May 10, 2024	-70.05% Dec 10, 2007 - Mar 14, 2013
#2	-15.45% Nov 25, 2024 - Feb 6, 2026	-45.74% Jun 6, 2018 - Dec 8, 2020
#3	-9.48% Aug 12, 2020 - Nov 9, 2020	-31.18% May 10, 2021 - Sep 26, 2022
#4	-8.83% Jun 8, 2020 - Aug 7, 2020	-27.15% May 20, 2015 - Jan 24, 2017
#5	-8.59% Apr 29, 2020 - May 26, 2020	-15.78% Mar 6, 2014 - Feb 12, 2015
#6	-7.83% Mar 2, 2026 - Mar 20, 2026	-10.32% May 20, 2013 - Jul 18, 2013
#7	-6.87% Nov 15, 2021 - Dec 28, 2021	-9.07% Jan 26, 2018 - Apr 17, 2018
#8	-5.35% Jul 30, 2024 - Aug 23, 2024	-7.52% Jan 16, 2014 - Feb 28, 2014
#9	-4.86% Sep 2, 2021 - Oct 21, 2021	-6.21% Mar 28, 2013 - May 8, 2013
#10	-4.38% Apr 9, 2020 - Apr 27, 2020	-5.82% Nov 9, 2007 - Dec 6, 2007
#11	-4.35% Jun 11, 2021 - Aug 27, 2021	-5.60% Jan 7, 2021 - Feb 10, 2021
#12	-4.07% Jan 25, 2021 - Feb 5, 2021	-5.30% Sep 18, 2013 - Oct 16, 2013
#13	-3.93% Mar 15, 2021 - Apr 5, 2021	-4.70% Jul 19, 2017 - Sep 7, 2017
#14	-3.84% May 15, 2024 - Jul 11, 2024	-4.61% Aug 1, 2013 - Sep 9, 2013
#15	-3.79% May 7, 2021 - Jun 8, 2021	-4.41% Mar 2, 2015 - Apr 8, 2015

Correlation

Correlation between HSMV and CUT is 0.58 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.58

-101

Dividend Comparison (2007 - 2026)

HSMV vs CUT dividend yield comparison.

Year	HSMV	CUT
2026	0.32%	0.00%
2025	2.01%	2.46%
2024	1.43%	3.05%
2023	1.43%	2.44%
2022	1.26%	2.58%
2021	0.76%	1.57%
2020	0.80%	1.65%
2019	0.00%	2.67%
2018	0.00%	3.43%
2017	0.00%	1.57%
2016	0.00%	2.08%
2015	0.00%	1.52%
2014	0.00%	2.83%
2013	0.00%	1.39%
2012	0.00%	1.24%
2011	0.00%	2.34%
2010	0.00%	2.88%
2009	0.00%	0.27%
2008	0.00%	3.40%
2007	0.00%	0.35%