HDMV vs MIVL
First Trust Horizon Managed Volatility Developed International ETF vs MFS Active International Value ETF
Which is better, HDMV or MIVL?
MIVL costs less.
MIVL has a lower expense ratio. HDMV is less concentrated, with 18.0% of the fund in its ten largest positions against 29.8%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | HDMV | MIVL |
|---|---|---|
| Expense Ratio | 0.80% | 0.57%Best |
| AUM | $15M | $22M |
| Dividend Yield | 4.82% | 0.00% |
| Holdings | 316 | 66 |
| YTD Return | +5.39%Best | -0.13% |
| 1Y Return | +9.81% | - |
| 3Y Return (annualized) | +15.11% | - |
| 5Y Return (annualized) | +6.82% | - |
| Top 10 Weight | 18.0%Best | 29.8% |
| Fund Family | First Trust Portfolios (US) | MFS Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Aug 24, 2016 | Jun 4, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
HDMV vs MIVL growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
HDMV vs MIVL Performance
First Trust Horizon Managed Volatility Developed International ETF (HDMV) is an ETF from First Trust Portfolios (US) and MFS Active International Value ETF (MIVL) is an ETF from MFS Investment Management. Year to date, HDMV is up 5.39% versus a loss of 0.13% for MIVL.
Past performance does not guarantee future results.
Fees and Cost Over Time
HDMV charges 0.80% per year while MIVL charges 0.57%. On a $10,000 position that is $80 vs $57 annually, a gap of $23 per year that compounds over a long holding period. On income, HDMV currently yields 4.82% against 0.00% for MIVL.
Holdings Overlap
2.2% of HDMV's money is in holdings MIVL also owns. 6.4% of MIVL's money is in holdings HDMV also owns.
MIVL and HDMV share little of their money.
4 positions in common, counted across the 148 positions we hold weights for in HDMV and 62 in MIVL, against full books of 316 and 66.
What only one of them owns
Our book lists 4 positions for MIVL that do not appear in our book for HDMV (3.3% of the fund), and 4 for HDMV that do not appear in MIVL (2.1%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of HDMV and MIVL you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, HDMV or MIVL?
HDMV has an expense ratio of 0.80% while MIVL charges 0.57%. MIVL is the cheaper option, by $23 a year on a $10,000 investment.
What is the holdings overlap between HDMV and MIVL?
6.4% of MIVL's money is in holdings HDMV also owns. 6.4% of MIVL's is in holdings HDMV also owns. They hold 4 positions in common, counted across the 148 positions we hold weights for in HDMV and 62 in MIVL.
Which pays a higher dividend, HDMV or MIVL?
HDMV yields 4.82% while MIVL yields 0.00%, so HDMV currently pays the higher dividend yield.
Is MIVL better than HDMV?
MIVL has a lower expense ratio. HDMV is less concentrated, with 18.0% of the fund in its ten largest positions against 29.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.