PortfoliosLab logo
Horizon Active Asset Allocation Fund (AAANX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US44053A3095

CUSIP

44053A309

Inception Date

Jan 30, 2012

Min. Investment

$2,500

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

AAANX has a high expense ratio of 1.14%, indicating above-average management fees.


Share Price Chart


Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart


Loading data...

S&P 500

Returns By Period

Horizon Active Asset Allocation Fund (AAANX) returned 1.28% year-to-date (YTD) and 5.98% over the past 12 months. Over the past 10 years, AAANX returned 7.35% annually, underperforming the S&P 500 benchmark at 10.84%.


AAANX

YTD

1.28%

1M

5.50%

6M

-1.26%

1Y

5.98%

3Y*

7.49%

5Y*

11.03%

10Y*

7.35%

^GSPC (Benchmark)

YTD

0.52%

1M

6.32%

6M

-1.44%

1Y

12.25%

3Y*

12.45%

5Y*

14.20%

10Y*

10.84%

*Annualized

Monthly Returns

The table below presents the monthly returns of AAANX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20252.87%-1.76%-4.71%-0.31%5.50%1.28%
2024-0.21%4.59%3.16%-4.06%4.44%1.66%1.18%1.74%1.08%-2.13%4.04%-3.23%12.44%
20234.75%-4.38%2.08%0.57%-0.49%5.78%3.93%-2.37%-4.17%-2.77%8.22%5.87%17.25%
2022-5.20%-2.89%2.30%-7.41%1.57%-8.27%6.82%-3.86%-9.27%8.14%6.27%-4.58%-16.99%
20210.87%4.00%2.89%3.14%1.10%0.51%1.28%2.65%-4.85%6.51%-2.12%4.08%21.42%
2020-1.86%-8.06%-13.93%11.79%5.36%0.43%4.73%6.45%-3.18%-2.43%12.83%5.07%14.69%
20199.01%1.79%0.59%2.83%-7.61%6.66%0.41%-2.78%1.68%2.15%2.19%2.91%20.60%
20187.08%-2.94%-2.35%-0.23%1.32%-0.15%2.84%2.99%-0.43%-9.03%1.44%-8.63%-8.91%
20172.05%3.27%0.89%1.85%2.29%-0.23%2.40%0.15%2.34%2.51%2.01%0.74%22.20%
2016-5.41%-1.31%6.93%0.44%0.53%0.26%3.51%-0.68%0.00%-2.56%1.23%2.02%4.55%
2015-2.55%5.66%-1.68%0.73%0.16%-1.77%1.64%-7.03%-3.48%7.74%0.17%-3.01%-4.21%
2014-3.50%4.14%-0.74%-0.25%1.42%1.98%-1.54%3.12%-1.43%1.94%1.67%-0.79%5.91%
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of AAANX is 26, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of AAANX is 2626
Overall Rank
The Sharpe Ratio Rank of AAANX is 2727
Sharpe Ratio Rank
The Sortino Ratio Rank of AAANX is 2424
Sortino Ratio Rank
The Omega Ratio Rank of AAANX is 2424
Omega Ratio Rank
The Calmar Ratio Rank of AAANX is 2727
Calmar Ratio Rank
The Martin Ratio Rank of AAANX is 2727
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Horizon Active Asset Allocation Fund (AAANX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Horizon Active Asset Allocation Fund Sharpe ratios as of May 30, 2025 (values are recalculated daily):

  • 1-Year: 0.33
  • 5-Year: 0.66
  • 10-Year: 0.41
  • All Time: 0.51

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Horizon Active Asset Allocation Fund compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.


Loading data...

Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend History

Horizon Active Asset Allocation Fund provided a 18.20% dividend yield over the last twelve months, with an annual payout of $2.44 per share.


0.00%5.00%10.00%15.00%20.00%$0.00$0.50$1.00$1.50$2.00$2.5020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$2.44$2.44$0.11$0.13$2.19$0.91$0.09$0.80$1.57$0.10$0.35$0.59

Dividend yield

18.20%18.43%0.77%1.08%15.02%6.59%0.67%7.46%12.35%0.89%3.13%4.82%

Monthly Dividends

The table displays the monthly dividend distributions for Horizon Active Asset Allocation Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.00$0.00$0.00$0.00
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$2.44$2.44
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.11$0.11
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.13$0.13
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$2.19$2.19
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.91$0.91
2019$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.09$0.09
2018$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.80$0.80
2017$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.57$1.57
2016$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.10$0.10
2015$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.35$0.35
2014$0.15$0.44$0.59

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


Loading data...

Worst Drawdowns

The table below displays the maximum drawdowns of the Horizon Active Asset Allocation Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Horizon Active Asset Allocation Fund was 34.19%, occurring on Mar 23, 2020. Recovery took 113 trading sessions.

The current Horizon Active Asset Allocation Fund drawdown is 3.52%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-34.19%Feb 20, 202023Mar 23, 2020113Sep 1, 2020136
-24.61%Jan 5, 2022186Sep 30, 2022345Feb 15, 2024531
-20.35%Jan 29, 2018229Dec 24, 2018246Dec 16, 2019475
-18.84%Feb 19, 202535Apr 8, 2025
-18.23%May 22, 2015183Feb 11, 2016252Feb 10, 2017435
Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


Loading data...