EZM vs. HSMV
Compare and contrast key facts about WisdomTree U.S. MidCap Fund (EZM) and First Trust Horizon Managed Volatility Small/Mid ETF (HSMV).
EZM and HSMV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EZM is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree U.S Mid Cap Index. It was launched on Feb 23, 2007. HSMV is an actively managed fund by First Trust. It was launched on Apr 6, 2020.
Performance
EZM vs. HSMV - Performance Comparison
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EZM vs. HSMV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
EZM WisdomTree U.S. MidCap Fund | 1.24% | 8.42% | 10.29% | 19.69% | -12.22% | 31.00% | 64.55% |
HSMV First Trust Horizon Managed Volatility Small/Mid ETF | 2.29% | 1.57% | 13.17% | 5.01% | -9.44% | 23.72% | 34.70% |
Returns By Period
In the year-to-date period, EZM achieves a 1.24% return, which is significantly lower than HSMV's 2.29% return.
EZM
- 1D
- 0.34%
- 1M
- -4.57%
- YTD
- 1.24%
- 6M
- 2.76%
- 1Y
- 14.58%
- 3Y*
- 12.20%
- 5Y*
- 7.01%
- 10Y*
- 10.01%
HSMV
- 1D
- 0.49%
- 1M
- -5.13%
- YTD
- 2.29%
- 6M
- 1.33%
- 1Y
- 2.59%
- 3Y*
- 7.38%
- 5Y*
- 4.29%
- 10Y*
- —
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EZM vs. HSMV - Expense Ratio Comparison
EZM has a 0.38% expense ratio, which is lower than HSMV's 0.80% expense ratio.
Return for Risk
EZM vs. HSMV — Risk / Return Rank
EZM
HSMV
EZM vs. HSMV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. MidCap Fund (EZM) and First Trust Horizon Managed Volatility Small/Mid ETF (HSMV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| EZM | HSMV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.70 | 0.19 | +0.51 |
Sortino ratioReturn per unit of downside risk | 1.15 | 0.37 | +0.77 |
Omega ratioGain probability vs. loss probability | 1.16 | 1.05 | +0.11 |
Calmar ratioReturn relative to maximum drawdown | 1.02 | 0.28 | +0.74 |
Martin ratioReturn relative to average drawdown | 4.15 | 1.03 | +3.12 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EZM | HSMV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.70 | 0.19 | +0.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | 0.29 | +0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.68 | -0.29 |
Correlation
The correlation between EZM and HSMV is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
EZM vs. HSMV - Dividend Comparison
EZM's dividend yield for the trailing twelve months is around 1.38%, less than HSMV's 2.02% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EZM WisdomTree U.S. MidCap Fund | 1.38% | 1.39% | 1.22% | 1.25% | 1.57% | 1.08% | 1.67% | 1.34% | 1.57% | 1.14% | 1.55% | 1.30% |
HSMV First Trust Horizon Managed Volatility Small/Mid ETF | 2.02% | 2.01% | 1.43% | 1.43% | 1.26% | 0.76% | 0.80% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
EZM vs. HSMV - Drawdown Comparison
The maximum EZM drawdown since its inception was -59.58%, which is greater than HSMV's maximum drawdown of -19.16%. Use the drawdown chart below to compare losses from any high point for EZM and HSMV.
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Drawdown Indicators
| EZM | HSMV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.58% | -19.16% | -40.42% |
Max Drawdown (1Y)Largest decline over 1 year | -14.50% | -10.57% | -3.93% |
Max Drawdown (5Y)Largest decline over 5 years | -23.53% | -19.16% | -4.37% |
Max Drawdown (10Y)Largest decline over 10 years | -47.26% | — | — |
Current DrawdownCurrent decline from peak | -5.85% | -5.13% | -0.72% |
Average DrawdownAverage peak-to-trough decline | -8.33% | -5.71% | -2.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.56% | 2.91% | +0.65% |
Volatility
EZM vs. HSMV - Volatility Comparison
WisdomTree U.S. MidCap Fund (EZM) has a higher volatility of 5.15% compared to First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) at 3.58%. This indicates that EZM's price experiences larger fluctuations and is considered to be riskier than HSMV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EZM | HSMV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.15% | 3.58% | +1.57% |
Volatility (6M)Calculated over the trailing 6-month period | 11.17% | 7.14% | +4.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.04% | 13.62% | +7.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.50% | 15.01% | +5.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.36% | 16.18% | +6.18% |