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 181 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%	316.30B	Jul 2007	HDMV vs VEA
BKIE	BNY Mellon International Equity ETF	0.04%	1.31B	Apr 2020	HDMV vs BKIE
SPDW	SPDR Portfolio World ex-US ETF	0.04%	40.07B	Apr 2007	HDMV vs SPDW
VEU	Vanguard FTSE All-World ex-US ETF	0.04%	94.90B	Mar 2007	HDMV vs VEU
IDEV	iShares Core MSCI International Developed Markets ...	0.05%	31.64B	Mar 2017	HDMV vs IDEV

Best Risk-Adjusted Alternatives to HDMV

HDMV has a PortfoliosLab risk / return rank of 65. There are 102 ETFs in the Foreign Large Cap Equities category with higher risk-adjusted ranks, going as high as 96.

Symbol	Name	Risk / Return Rank	AUM	Inception
GMOI	GMO International Value ETF	96	489.00M	Oct 2024	HDMV vs GMOI
EFAS	Global X MSCI SuperDividend® EAFE ETF	94	52.73M	Nov 2016	HDMV vs EFAS
IFLO	VictoryShares International Free Cash Flow ETF	94	196.67M	Jun 2025	HDMV vs IFLO
IDOG	ALPS International Sector Dividend Dogs ETF	93	549.25M	Jun 2013	HDMV vs IDOG
FIDI	Fidelity International High Dividend ETF	93	325.11M	Jan 2018	HDMV vs FIDI

Top Performing HDMV Alternatives (YTD)

HDMV is at 12.25% YTD. There are 87 ETFs in the Foreign Large Cap Equities category with higher YTD returns, going as high as 32.73%.

Symbol	Name	YTD Return	AUM	Inception
IPOS	Renaissance International IPO ETF	32.73%	11.77M	Oct 2014	HDMV vs IPOS
PATN	Pacer Nasdaq International Patent Leaders ETF	27.96%	190.45M	Sep 2024	HDMV vs PATN
IDHQ	Invesco S&P International Developed High Quality E...	26.27%	939.30M	Jun 2007	HDMV vs IDHQ
EPIN	Harbor International Equity ETF	23.34%	7.71M	Jun 2025	HDMV vs EPIN
IFLO	VictoryShares International Free Cash Flow ETF	22.59%	196.67M	Jun 2025	HDMV vs IFLO

Lowest Volatility Alternatives to HDMV

HDMV has 11.56% 1-year volatility. There are 8 ETFs in the Foreign Large Cap Equities category with lower 1-year volatility, going as low as 6.80%.

Symbol	Name	Volatility 1Y	AUM	Inception
CIL	VictoryShares International Volatility Wtd ETF	6.80%	31.30M	Aug 2015	HDMV vs CIL
BUFI	AB International Buffer ETF	9.04%	122.81M	Dec 2024	HDMV vs BUFI
FID	First Trust S&P International Dividend Aristocrats...	10.17%	167.77M	Aug 2013	HDMV vs FID
EFAV	iShares MSCI EAFE Min Vol Factor ETF	10.67%	5.44B	Oct 2011	HDMV vs EFAV
MCSE	Franklin Sustainable International Equity ETF	10.71%	2.98M	Nov 2015	HDMV vs MCSE

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%	52.73M	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%	196.67M	Jun 2025	HDMV vs IFLO
IDOG	ALPS International Sector Dividend Dogs ETF	-6.47%	549.25M	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 16 categories. AUM among these funds goes as high as $25B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CIBR	First Trust NASDAQ Cybersecurity ETF	Cybersecurity, Technology Equities	39	28.86%	14.31B	Jul 2015	HDMV vs CIBR
GRID	First Trust NASDAQ Clean Edge Smart Grid Infrastru...	Infrastructure Equities, Alternative Energy Equities, Energy Equities	49	17.75%	11.67B	Nov 2009	HDMV vs GRID
AIRR	First Trust RBA American Industrial Renaissance ET...	Building & Construction	54	19.12%	10.18B	Mar 2014	HDMV vs AIRR
NFTY	First Trust India NIFTY 50 Equal Weight ETF	India Equities, Equal Weight, Asia Pacific Equities	8	-5.91%	118.19M	Feb 2012	HDMV vs NFTY
FDL	First Trust Morningstar Dividend Leaders Index Fun...	Large Cap Value Equities, Dividend	92	18.16%	7.77B	Mar 2006	HDMV vs FDL
IGLD	FT Vest Gold Strategy Target Income ETF	Gold, Derivative Income, Precious Metals	25	-6.56%	514.13M	Mar 2021	HDMV vs IGLD
FTXL	First Trust Nasdaq Semiconductor ETF	Semiconductors, Technology Equities	91	67.20%	1.27B	Sep 2016	HDMV vs FTXL
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Technology Equities, Dividend	43	14.88%	4.18B	Aug 2012	HDMV vs TDIV
QCLN	First Trust NASDAQ Clean Edge Green Energy Index F...	Alternative Energy Equities, Energy Equities	39	10.48%	586.61M	Feb 2007	HDMV vs QCLN
RDVY	First Trust Rising Dividend Achievers ETF	Dividend, Large Cap Blend Equities	85	17.25%	24.89B	Jan 2014	HDMV vs RDVY

Often Compared With HDMV

Investors most often compare HDMV with BKGI, FSKLX, FOCT. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
BKGI	Bny Mellon Global Infrastructure Income ETF	Infrastructure Equities, Energy Equities	80	14.23%	1.31B	Nov 2022	HDMV vs BKGI
FSKLX	Fidelity SAI International Low Volatility Index Fu...	Foreign Large Cap Equities, Low Volatility	66	11.41%	—	May 2015	HDMV vs FSKLX
FOCT	FT Vest U.S. Equity Buffer ETF - October	Defined Outcome	85	7.68%	1.17B	Oct 2020	HDMV vs FOCT
IYZ	iShares U.S. Telecommunications ETF	Communications Equities	83	22.25%	1.19B	May 2000	HDMV vs IYZ
SCHY	Schwab International Dividend Equity ETF	Dividend, Foreign Large Cap Equities	86	13.81%	2.52B	Apr 2021	HDMV vs SCHY
DYNF	iShares U.S. Equity Factor Rotation Active ETF	Large Cap Blend Equities	72	11.42%	38.61B	Mar 2019	HDMV vs DYNF
QLVD	FlexShares Developed Markets ex-US Quality Low Vol...	Quality Factor, Low Volatility	65	9.60%	54.80M	Jul 2019	HDMV vs QLVD
RODM	Hartford Multifactor Developed Markets (ex-US) ETF	Foreign Large Cap Equities	92	14.40%	1.63B	Feb 2015	HDMV vs RODM
LVHI	Franklin International Low Volatility High Dividen...	Dividend, Low Volatility	97	18.29%	5.48B	Jul 2016	HDMV vs LVHI
DEEF	Xtrackers FTSE Developed ex US Multifactor ETF	Foreign Large Cap Equities	68	11.88%	55.64M	Nov 2015	HDMV vs DEEF
VTR	Ventas, Inc.		91	22.33%	—	—	HDMV vs VTR
RFDI	First Trust RiverFront Dynamic Developed Internati...	Foreign Large Cap Equities	85	14.93%	165.37M	Apr 2016	HDMV vs RFDI
NVOH	Novo Nordisk A/S (B Shares) ADRhedged ETF	Foreign Large Cap Equities	14	-3.13%	4.26M	Jan 2025	HDMV vs NVOH
GSIE	Goldman Sachs ActiveBeta International Equity ETF	Foreign Large Cap Equities	70	11.28%	5.99B	Nov 2015	HDMV vs GSIE
OVF	Overlay Shares Foreign Equity ETF	Foreign Large Cap Equities	69	13.78%	29.60M	Sep 2019	HDMV vs OVF
IEFA	iShares Core MSCI EAFE ETF	Foreign Large Cap Equities	67	11.62%	190.11B	Oct 2012	HDMV vs IEFA
PJIO	PGIM Jennison International Opportunities ETF	Foreign Large Cap Equities	13	-0.35%	24.32M	Dec 2023	HDMV vs PJIO
QLTI	GMO International Quality ETF	Quality Factor, Foreign Large Cap Equities	29	1.88%	285.00M	Oct 2024	HDMV vs QLTI
SCHF	Schwab International Equity ETF	Foreign Large Cap Equities	77	14.79%	67.17B	Nov 2009	HDMV vs SCHF
AVEM	Avantis Emerging Markets Equity ETF	Emerging Markets Equities	60	16.96%	25.76B	Sep 2019	HDMV vs AVEM

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