First Trust Horizon Managed Volatility… (HUSV) Performance
HUSV total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +8.2% since Dec 31, 2025
- 1 year
- +7.1% total return
- 5 years
- +5.8% a year
- 10 years
- +9.5% a year
- Since first price
- +9.0% a year since 2016
HUSV trailing returns vs SPY, QQQ, AGG
| Period | HUSV total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +4.9% | +4.9% | −1.0% | −5.0% | +0.9% |
| 3 months | +4.0% | +3.5% | +3.2% | +1.9% | −0.4% |
| 6 months | +6.5% | +5.7% | +7.8% | +8.4% | −1.5% |
| YTD | +8.2% | +7.0% | +12.3% | +15.1% | −1.0% |
| 1 year | +7.1% | +5.5% | +14.4% | +15.9% | −1.1% |
| 3 years | +39.8%+11.8%/yr | +34.1% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +32.6%+5.8%/yr | +22.9% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +148.7%+9.5%/yr | +114.7% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionAug 25, 2016 | +139.9%+9.0%/yr | +107.1% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: HUSV vs SPY
From Aug 25, 2016: HUSV grew to $23,991, SPY to $41,084.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
HUSV returns by calendar year
7 of 9 full years positive. Best 2019 (+27.0%), worst 2022 (−6.3%). 2026 is year to date.
HUSV annual returns table
| Year | HUSV | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +8.2% | −6.8% | +12.3% | +15.1% | −1.0% |
| 2025 | +5.0% | −9.3% | +17.7% | +20.8% | +7.2% |
| 2024 | +12.6% | −6.0% | +24.9% | +25.6% | +1.3% |
| 2023 | +3.5% | −7.9% | +26.2% | +54.9% | +5.7% |
| 2022 | −6.3% | −17.0% | −18.2% | −32.6% | −13.0% |
| 2021 | +26.0% | −5.2% | +28.7% | +27.4% | −1.8% |
| 2020 | +5.4% | −35.7% | +18.3% | +48.6% | +7.5% |
| 2019 | +27.0% | −4.2% | +31.2% | +39.0% | +8.5% |
| 2018 | −1.9% | −12.5% | −4.6% | −0.1% | +0.1% |
| 2017 | +16.1% | −2.7% | +21.7% | +32.7% | +3.6% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
HUSV largest drawdowns
Now 0.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 14, 2020 | −35.7% | Mar 23, 2020 | Nov 16, 2020 | 38 days | 9 months |
| Apr 20, 2022 | −17.0% | Oct 12, 2022 | Feb 22, 2024 | 6 months | 1.8 years |
| Sep 21, 2018 | −12.5% | Dec 24, 2018 | Feb 13, 2019 | 3 months | 5 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
HUSV risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2016 |
|---|---|---|---|---|
| Annualized return | +9.0% | +5.5% | +8.5% | +8.4% |
| Volatility (annualized) | 10.3% | 12.7% | 13.3% | 13.2% |
| Sharpe ratio | 0.47 | 0.20 | 0.51 | 0.51 |
| Sortino ratio | 0.68 | 0.30 | 0.75 | 0.74 |
| Best month | +6.4% | +9.1% | +11.2% | +11.2% |
| Worst month | −5.7% | −8.1% | −15.3% | −15.3% |
| Best 12 months | +24.4% | +24.4% | +40.4% | +40.4% |
| Worst 12 months | −3.3% | −6.3% | −12.2% | −12.2% |
| Positive months | 61% | 52% | 63% | 63% |
| Beta vs S&P 500 | 0.43 | 0.58 | 0.70 | — |
| Correlation with S&P 500 | 0.51 | 0.71 | 0.81 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
HUSV rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 111 | −12.2% | +7.2% | +40.4% | 81% |
| 3-year (a year) | 87 | +2.3% | +8.7% | +19.0% | 100% |
| 5-year (a year) | 63 | +5.5% | +9.1% | +14.9% | 100% |
| 10-year (a year) | 3 | +8.5% | +9.0% | +9.5% | 100% |
Every holding period starting at a month-end since 2016. Returns for 3 years and longer are annualized.
HUSV performance overview
First Trust Horizon Managed Volatility… (HUSV) returned +7.1% over the past year and +9.5% a year over ten years, with distributions reinvested. Since its first recorded price in 2016 it has returned +9.0% a year, turning $10,000 into about $23,991. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −35.7%, from Feb 14, 2020 to Mar 23, 2020, and it took 8 months to get back to the old high. HUSV finished 7 of its 9 full calendar years with a gain; the best year was 2019 (+27.0%) and the worst 2022 (−6.3%). Volatility has been 13.2% a year.
Related: HUSV chart, HUSV holdings, HUSV dividends, HUSV valuation. See the HUSV overview for the latest quote and fund facts.
HUSV performance FAQ
What is the HUSV return over the past year?
HUSV returned +7.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 5.5%.
What is the average annual return of HUSV?
HUSV has returned +5.8% a year over 5 years, +9.5% a year over 10 years, +9.0% a year since August 25, 2016 (total return, distributions reinvested).
How much would $10,000 invested in HUSV be worth?
$10,000 invested in HUSV at its first recorded close on August 25, 2016 would be worth about $23,991 on October 23, 2026 with distributions reinvested.
What was the worst year for HUSV?
The worst calendar year was 2022, with a total return of −6.3%. The best was 2019 at +27.0%.
What is the biggest drawdown of HUSV?
The largest peak-to-trough decline was −35.7% between February 14, 2020 and March 23, 2020. It recovered to the old high on November 16, 2020, 8 months after the bottom.
How volatile is HUSV?
Over the past 3 years HUSV had an annualized volatility of 10.3% and a Sharpe ratio of 0.47 (excess return over 1–3 month T-bills per unit of risk).