Peek Under The Hood: HSMV Has 13% Upside
January 18, 2022 at 08:25 AM EST
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the First Trust Horizon Managed Volatility Small/Mid ETF (HSMV), we found that the implied analyst target price for the ETF based upon its underlying holdings is $38.62 per unit.