HDMV Alternatives & Similar ETFs

First Trust Horizon Managed Volatility Developed Intl ETF (HDMV) belongs to the Foreign Large Cap Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with HDMV. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to HDMV

HDMV charges 0.80% annually. There are 176 ETFs in the Foreign Large Cap Equities category with lower expense ratios, going as low as 0.03%.

Symbol	Name	Expense Ratio	AUM	Inception
VEA	Vanguard FTSE Developed Markets ETF	0.03%	317.30B	Jul 2007	HDMV vs VEA
SPDW	SPDR Portfolio World ex-US ETF	0.04%	40.01B	Apr 2007	HDMV vs SPDW
VEU	Vanguard FTSE All-World ex-US ETF	0.04%	94.40B	Mar 2007	HDMV vs VEU
BKIE	BNY Mellon International Equity ETF	0.04%	1.28B	Apr 2020	HDMV vs BKIE
IDEV	iShares Core MSCI International Developed Markets ...	0.05%	30.90B	Mar 2017	HDMV vs IDEV

Best Risk-Adjusted Alternatives to HDMV

HDMV has a PortfoliosLab risk / return rank of 38. There are 130 ETFs in the Foreign Large Cap Equities category with higher risk-adjusted ranks, going as high as 91.

Symbol	Name	Risk / Return Rank	AUM	Inception
GMOI	GMO International Value ETF	91	471.00M	Oct 2024	HDMV vs GMOI
EFAS	Global X MSCI SuperDividend® EAFE ETF	89	48.95M	Nov 2016	HDMV vs EFAS
IFLO	VictoryShares International Free Cash Flow ETF	87	185.32M	Jun 2025	HDMV vs IFLO
JIVE	JPMorgan International Value ETF	87	3.23B	Sep 2023	HDMV vs JIVE
CIL	VictoryShares International Volatility Wtd ETF	86	31.30M	Aug 2015	HDMV vs CIL

Top Performing HDMV Alternatives (YTD)

HDMV is at 8.53% YTD. There are 120 ETFs in the Foreign Large Cap Equities category with higher YTD returns, going as high as 39.37%.

Symbol	Name	YTD Return	AUM	Inception
IPOS	Renaissance International IPO ETF	39.37%	11.77M	Oct 2014	HDMV vs IPOS
KEMX	KraneShares MSCI Emerging Markets ex China Index E...	32.55%	130.54M	Apr 2019	HDMV vs KEMX
PATN	Pacer Nasdaq International Patent Leaders ETF	29.79%	184.51M	Sep 2024	HDMV vs PATN
IDHQ	Invesco S&P International Developed High Quality E...	23.96%	919.81M	Jun 2007	HDMV vs IDHQ
UMMA	Wahed Dow Jones Islamic World ETF	23.36%	292.51M	Jan 2022	HDMV vs UMMA

Lowest Volatility Alternatives to HDMV

HDMV has 11.54% 1-year volatility. There are 8 ETFs in the Foreign Large Cap Equities category with lower 1-year volatility, going as low as 7.43%.

Symbol	Name	Volatility 1Y	AUM	Inception
CIL	VictoryShares International Volatility Wtd ETF	7.43%	31.30M	Aug 2015	HDMV vs CIL
BUFI	AB International Buffer ETF	8.74%	122.81M	Dec 2024	HDMV vs BUFI
FID	First Trust S&P International Dividend Aristocrats...	10.16%	159.94M	Aug 2013	HDMV vs FID
EFAV	iShares MSCI EAFE Min Vol Factor ETF	10.70%	5.14B	Oct 2011	HDMV vs EFAV
EFAS	Global X MSCI SuperDividend® EAFE ETF	10.94%	48.95M	Nov 2016	HDMV vs EFAS

Lowest Drawdown Alternatives to HDMV

HDMV has a 1-year max drawdown of -8.73%. There are 14 ETFs in the Foreign Large Cap Equities category with shallower 1-year drawdowns, going as shallow as -4.60%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
CIL	VictoryShares International Volatility Wtd ETF	-4.60%	31.30M	Aug 2015	HDMV vs CIL
EFAS	Global X MSCI SuperDividend® EAFE ETF	-5.30%	48.95M	Nov 2016	HDMV vs EFAS
BUFI	AB International Buffer ETF	-5.69%	122.81M	Dec 2024	HDMV vs BUFI
IFLO	VictoryShares International Free Cash Flow ETF	-6.44%	185.32M	Jun 2025	HDMV vs IFLO
IDOG	ALPS International Sector Dividend Dogs ETF	-6.47%	523.46M	Jun 2013	HDMV vs IDOG

Other ETFs from First Trust

The 10 most viewed First Trust ETFs shown here include CIBR, GRID, AIRR and span 14 categories. AUM among these funds goes as high as $14B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CIBR	First Trust NASDAQ Cybersecurity ETF	Cybersecurity, Technology Equities	34	28.87%	14.26B	Jul 2015	HDMV vs CIBR
GRID	First Trust NASDAQ Clean Edge Smart Grid Infrastru...	Alternative Energy Equities	58	19.10%	11.74B	Nov 2009	HDMV vs GRID
AIRR	First Trust RBA American Industrial Renaissance ET...	Building & Construction	66	23.60%	10.80B	Mar 2014	HDMV vs AIRR
NFTY	First Trust India NIFTY 50 Equal Weight ETF	India Equities, Equal Weight, Asia Pacific Equities	4	-7.65%	132.86M	Feb 2012	HDMV vs NFTY
FDL	First Trust Morningstar Dividend Leaders Index Fun...	Large Cap Value Equities, Dividend	76	15.23%	7.48B	Mar 2006	HDMV vs FDL
IGLD	FT Vest Gold Strategy Target Income ETF	Gold, Derivative Income, Precious Metals	18	-7.95%	510.89M	Mar 2021	HDMV vs IGLD
FTXL	First Trust Nasdaq Semiconductor ETF	Semiconductors, Technology Equities	94	86.56%	2.46B	Sep 2016	HDMV vs FTXL
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Technology Equities, Dividend	44	17.47%	4.34B	Aug 2012	HDMV vs TDIV
QCLN	First Trust NASDAQ Clean Edge Green Energy Index F...	Alternative Energy Equities	54	20.15%	718.18M	Feb 2007	HDMV vs QCLN
KNG	FT Vest S&P 500 Dividend Aristocrats Target Income...	Dividend, S&P 500	34	8.48%	3.40B	Mar 2018	HDMV vs KNG

Often Compared With HDMV

Investors most often compare HDMV with BKGI, FSKLX, FOCT. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
BKGI	Bny Mellon Global Infrastructure Income ETF	Energy Equities	72	13.23%	1.14B	Nov 2022	HDMV vs BKGI
FSKLX	Fidelity SAI International Low Volatility Index Fu...	Foreign Large Cap Equities	24	6.68%	—	May 2015	HDMV vs FSKLX
FOCT	FT Vest U.S. Equity Buffer ETF - October	Defined Outcome	82	7.19%	1.16B	Oct 2020	HDMV vs FOCT
IYZ	iShares U.S. Telecommunications ETF	Communications Equities	87	23.73%	1.27B	May 2000	HDMV vs IYZ
SCHY	Schwab International Dividend Equity ETF	Dividend, Foreign Large Cap Equities	62	9.51%	2.36B	Apr 2021	HDMV vs SCHY
DYNF	iShares U.S. Equity Factor Rotation Active ETF	Large Cap Blend Equities	73	11.67%	38.52B	Mar 2019	HDMV vs DYNF
QLVD	FlexShares Developed Markets ex-US Quality Low Vol...	Volatility Hedged Equity	32	6.00%	53.11M	Jul 2019	HDMV vs QLVD
RODM	Hartford Multifactor Developed Markets (ex-US) ETF	Foreign Large Cap Equities	82	11.60%	1.56B	Feb 2015	HDMV vs RODM
LVHI	Franklin International Low Volatility High Dividen...	Volatility Hedged Equity, Dividend	95	14.97%	5.00B	Jul 2016	HDMV vs LVHI
DEEF	Xtrackers FTSE Developed ex US Multifactor ETF	Foreign Large Cap Equities	50	9.48%	54.54M	Nov 2015	HDMV vs DEEF
VTR	Ventas, Inc.		93	20.44%	—	—	HDMV vs VTR
RFDI	First Trust RiverFront Dynamic Developed Internati...	Foreign Large Cap Equities	62	10.50%	159.30M	Apr 2016	HDMV vs RFDI
NVOH	Novo Nordisk A/S (B Shares) ADRhedged ETF	Foreign Large Cap Equities	6	2.36%	4.26M	Jan 2025	HDMV vs NVOH
IEFA	iShares Core MSCI EAFE ETF	Foreign Large Cap Equities	46	9.24%	187.22B	Oct 2012	HDMV vs IEFA
GSIE	Goldman Sachs ActiveBeta International Equity ETF	Foreign Large Cap Equities	46	8.23%	5.84B	Nov 2015	HDMV vs GSIE
OVF	Overlay Shares Foreign Equity ETF	Foreign Large Cap Equities	55	12.46%	29.60M	Sep 2019	HDMV vs OVF
AVEM	Avantis Emerging Markets Equity ETF	Emerging Markets Equities	60	18.91%	25.69B	Sep 2019	HDMV vs AVEM
QLTI	GMO International Quality ETF	Foreign Large Cap Equities	14	0.25%	283.00M	Oct 2024	HDMV vs QLTI
SCHF	Schwab International Equity ETF	Foreign Large Cap Equities	60	13.29%	66.31B	Nov 2009	HDMV vs SCHF
VXUS	Vanguard Total International Stock ETF	Global Equities	56	11.67%	652.30B	Jan 2011	HDMV vs VXUS

Compare HDMV with Any Fund or Stock

Compare HDMV with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair HDMV with funds that move differently

First Trust Horizon Managed Volatility Developed Intl ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HDMV.

Explore HDMV Diversifiers

First Trust Horizon Managed Volatility Developed Intl ETF (HDMV) Alternatives