First Trust Horizon Managed Volatility Domestic ETF (HUSV)

HUSV: Low Volatility ETF Lagging Its Peers

First Trust Horizon Managed Volatility Domestic ETF holds 75 stocks selected for low volatility, with significant exposure in technology, financials, industrials, and utilities. The HUSV ETF has underperformed the S&P 500 by 4.9% annually since 2016, with a lower Sharpe ratio and deeper drawdown in 2020. Despite being well-diversified, HUSV's higher fees and lower historical returns make it less compelling compared to other low-volatility ETFs.