Horizon Active Risk Assist Fund (ARANX)
The investment seeks to capture the majority of the returns associated with equity market investments, while mitigating downside risk through use of a risk overlay strategy. The fund seeks to achieve its objective by using a multi-discipline active asset allocation investment approach. The adviser executes its global securities allocation strategy by allocating assets across various sectors of the global securities markets. Normally the fund invests a majority of its assets in ETFs that invest primarily in equity securities; however, certain ETFs in which the fund may invest primarily in fixed income securities.
Fund Info
| ISIN | US44053A6064 |
|---|---|
| CUSIP | 44053A606 |
| Issuer | Horizon Investments |
| Inception Date | Aug 27, 2014 |
| Category | Diversified Portfolio |
| Min. Investment | $2,500 |
| Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
The Horizon Active Risk Assist Fund has a high expense ratio of 1.17%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: ARANX vs. IIPR, ARANX vs. TQQQ, ARANX vs. VOO, ARANX vs. QQQ
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Horizon Active Risk Assist Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Horizon Active Risk Assist Fund had a return of 4.84% year-to-date (YTD) and 18.76% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 4.84% | 6.92% |
| 1 month | -2.47% | -2.83% |
| 6 months | 22.97% | 23.86% |
| 1 year | 18.76% | 23.33% |
| 5 years (annualized) | 5.22% | 11.66% |
| 10 years (annualized) | N/A | 10.52% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.21% | 4.58% | 2.58% | |||||||||
| 2023 | -4.50% | -3.23% | 8.45% | 6.61% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Horizon Active Risk Assist Fund(ARANX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Horizon Active Risk Assist Fund (ARANX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Horizon Active Risk Assist Fund granted a 0.79% dividend yield in the last twelve months. The annual payout for that period amounted to $0.19 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.19 | $0.19 | $0.11 | $2.07 | $0.08 | $0.22 | $0.76 | $1.03 | $0.17 | $0.20 |
Dividend yield | 0.79% | 0.83% | 0.53% | 8.22% | 0.37% | 1.00% | 3.91% | 4.70% | 0.86% | 1.06% |
Monthly Dividends
The table displays the monthly dividend distributions for Horizon Active Risk Assist Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | |||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.07 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.76 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.03 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 |
| 2015 | $0.20 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Horizon Active Risk Assist 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 Risk Assist Fund was 21.50%, occurring on Mar 15, 2023. Recovery took 246 trading sessions.
The current Horizon Active Risk Assist Fund drawdown is 2.63%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -21.5% | Jan 5, 2022 | 299 | Mar 15, 2023 | 246 | Mar 7, 2024 | 545 |
| -20.66% | Jan 29, 2018 | 541 | Mar 23, 2020 | 188 | Dec 17, 2020 | 729 |
| -15.73% | May 22, 2015 | 183 | Feb 11, 2016 | 275 | Mar 16, 2017 | 458 |
| -5.63% | Sep 19, 2014 | 20 | Oct 16, 2014 | 11 | Oct 31, 2014 | 31 |
| -5.55% | Sep 7, 2021 | 20 | Oct 4, 2021 | 19 | Oct 29, 2021 | 39 |
Volatility
Volatility Chart
The current Horizon Active Risk Assist Fund volatility is 3.44%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.