HSMV vs IWM
First Trust Horizon Managed Volatility Small/Mid ETF compared with iShares Russell 2000 ETF on yield, payout growth, payment schedule, cost and risk.
HSMV
First Trust Horizon Managed Volatility Small/Mid ETF
TTM yield · Quarterly
IWM
iShares Russell 2000 ETF
TTM yield · Quarterly
Quick take
- HSMV yields more today: 1.57% vs 0.94% (forward).
- HSMV has grown its payout faster: 19.9%/yr vs 6.9%/yr over the last 5 years.
- Both pay every quarter.
- HSMV has the longer streak of annual increases: 5 years vs 1.
- Over the last year IWM delivered the higher total return: +26.4% vs +6.0% (price change plus payouts).
- IWM is cheaper to own: 0.19% vs 0.80% expense ratio.
- IWM has the steadier distribution: consistency 80/100 vs 54/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | HSMV | IWM |
|---|---|---|
| Share price | $38.30 | $294.67 |
| TTM yield | 1.90% | 0.90% |
| Forward yield | 1.57% | 0.94% |
| Annual payout per share | $0.60 | $2.78 |
| Payment frequency | Quarterly | Quarterly |
| Next ex-date | Sep 24, 2026 (est.) | Sep 14, 2026 (est.) |
| Expense ratio | 0.80% | 0.19% |
| 1-year payout growth | +18.0% | +7.0% |
| 5-year payout CAGR | +19.9% | +6.9% |
| Consecutive years of increases | 5 years | 1 year |
| Payout consistency (last 12) | 54/100 | 80/100 |
| 1-year total return | +6.0% | +26.4% |
| 1-year price return | +4.1% | +25.3% |
| Size (market cap / AUM) | 9.6M | 80.5B |
| Years paying | 6.2 | 26.2 |
| Sector / category | Small Blend | Small Blend |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| HSMV | IWM | |
|---|---|---|
| Shares | 261.1 | 33.9 |
| Income per year | $157 | $94 |
| Income per month (avg) | $13 | $8 |
At forward yields, before taxes. Model HSMV · Model IWM
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| HSMV Sep 24, 2026 | Oct 8, 2026 | $0.15 | Est. |
| HSMV Dec 24, 2026 | Jan 7, 2027 | $0.15 | Est. |
| HSMV Mar 25, 2027 | Apr 8, 2027 | $0.15 | Est. |
| IWM Sep 14, 2026 | Sep 28, 2026 | $0.695 | Est. |
| IWM Dec 14, 2026 | Dec 28, 2026 | $0.695 | Est. |
| IWM Mar 15, 2027 | Mar 29, 2027 | $0.695 | Est. |
Annual payouts per share
HSMVIWM
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, HSMV or IWM?
HSMV currently has the higher trailing yield: HSMV yields 1.90% and IWM yields 0.90%. Yield changes daily with price, so check the live figures above.
How often do HSMV and IWM pay?
HSMV pays every quarter and IWM pays every quarter. HSMV's next ex-date is Sep 24, 2026 and IWM's is Sep 14, 2026.
Which has grown its dividend faster, HSMV or IWM?
HSMV has grown its payout faster: 19.9%/yr vs 6.9%/yr over the last 5 years.
Is HSMV or IWM better for income?
It depends on what you are optimising for. HSMV and IWM differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.