Horizon Flexible Income ETF (FLXN) belongs to the High Yield Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FLXN. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FLXN
FLXN charges 0.82% annually. There are 103 ETFs in the High Yield Bonds category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Schwab High Yield Bond ETF | 0.03% | 2.72B | Jul 2023 | FLXN vs SCYB | |
| SPDR Portfolio High Yield Bond ETF | 0.05% | 11.50B | Jun 2012 | FLXN vs SPHY | |
| Nuveen High Yield Corporate Bond ETF | 0.08% | 1.70B | Sep 2025 | FLXN vs NHYB | |
| Xtrackers USD High Yield Corporate Bond ETF | 0.15% | 3.51B | Dec 2016 | FLXN vs HYLB | |
| JPMorgan BetaBuilders USD High Yield Corporate Bon... | 0.15% | 619.34M | Sep 2016 | FLXN vs BBHY |
Best Risk-Adjusted Alternatives to FLXN
FLXN has a PortfoliosLab risk / return rank of 66. There are 37 ETFs in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 96 | 897.19M | Aug 2018 | FLXN vs BSJQ | |
| WisdomTree Interest Rate Hedged High Yield Bond Fu... | 90 | 259.80M | Dec 2013 | FLXN vs HYZD | |
| iShares iBonds 2027 Term High Yield and Income ETF | 89 | 506.58M | Jul 2021 | FLXN vs IBHG | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | 89 | 855.97M | Sep 2019 | FLXN vs BSJR | |
| iShares iBonds 1-5 Year High Yield and Income Ladd... | 89 | 22.49M | Nov 2024 | FLXN vs LDRH |
Top Performing FLXN Alternatives (YTD)
FLXN is at 2.55% YTD. There are 11 ETFs in the High Yield Bonds category with higher YTD returns, going as high as 7.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Digital Asset Debt Strategy ETF | 7.35% | — | Aug 2025 | FLXN vs DADS | |
| Man Active High Yield ETF | 5.44% | 19.82M | Sep 2025 | FLXN vs MHY | |
| VanEck Vectors Emerging Markets High Yield Bond ET... | 4.07% | 521.14M | May 2012 | FLXN vs HYEM | |
| ProShares High Yield-Interest Rate Hedged | 3.78% | 181.84M | May 2013 | FLXN vs HYHG | |
| iShares Interest Rate Hedged High Yield Bond ETF | 3.34% | 595.01M | May 2014 | FLXN vs HYGH |
Lowest Volatility Alternatives to FLXN
FLXN has 5.01% 1-year volatility. There are 94 ETFs in the High Yield Bonds category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Xtrackers J.P. Morgan ESG USD High Yield Corporate... | 0.00% | 6.49M | Mar 2015 | FLXN vs ESHY | |
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 1.32% | 897.19M | Aug 2018 | FLXN vs BSJQ | |
| State Street My2027 High Yield Corporate Bond ETF | 1.76% | 4.98M | Feb 2026 | FLXN vs MYHA | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | 1.94% | 855.97M | Sep 2019 | FLXN vs BSJR | |
| iShares iBonds 2027 Term High Yield and Income ETF | 2.00% | 506.58M | Jul 2021 | FLXN vs IBHG |
Lowest Drawdown Alternatives to FLXN
FLXN has a 1-year max drawdown of -3.39%. There are 78 ETFs in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.54%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco BulletShares 2026 High Yield Corp Bond ETF | -0.54% | 897.19M | Aug 2018 | FLXN vs BSJQ | |
| iShares iBonds 2027 Term High Yield and Income ETF | -0.73% | 506.58M | Jul 2021 | FLXN vs IBHG | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | -1.16% | 855.97M | Sep 2019 | FLXN vs BSJR | |
| iShares iBonds 2028 Term High Yield and Income ETF | -1.22% | 450.44M | Mar 2022 | FLXN vs IBHH | |
| iShares iBonds 1-5 Year High Yield and Income Ladd... | -1.23% | 22.49M | Nov 2024 | FLXN vs LDRH |
Other ETFs from Horizon
The 10 most viewed Horizon ETFs shown here include BCDF, MEDX, SPAQ and span 11 categories. AUM among these funds goes as high as $491M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Horizon Kinetics Blockchain Development ETF | Cryptocurrency | 16 | 6.20% | 22.79M | Aug 2022 | FLXN vs BCDF | |
| Horizon Kinetics Medical ETF | Health & Biotech Equities | 71 | 8.51% | 17.57M | Sep 1999 | FLXN vs MEDX | |
| Horizon Kinetics SPAC Active ETF | Health & Biotech Equities | 28 | 3.60% | 10.10M | Jun 2007 | FLXN vs SPAQ | |
| Horizon Kinetics Energy Remediation ETF | Energy Equities | 69 | 17.39% | 5.94M | Feb 2023 | FLXN vs NVIR | |
| Horizon Landmark ETF | Ultrashort Bond | 99 | 2.00% | 266.92M | Jan 2025 | FLXN vs BENJ | |
| Horizon International Managed Risk ETF | Tactical Allocation | — | 16.80% | 491.38M | Dec 2025 | FLXN vs SFTX | |
| Horizon Expedition Plus ETF | Derivative Income | 39 | 6.04% | 235.71M | Jan 2025 | FLXN vs HBTA | |
| Horizon Kinetics Japan Owner Operator ETF | Japan Equities, Asia Pacific Equities | 6 | -5.55% | — | May 2025 | FLXN vs JAPN | |
| Horizon NASDAQ-100 Defined Risk ETF | Equity Hedged, Nasdaq-100 | 40 | 7.39% | 102.96M | Jul 2025 | FLXN vs QGRD | |
| Horizon Digital Frontier ETF | Technology Equities | 27 | 7.15% | 120.49M | Jul 2025 | FLXN vs YNOT |
Often Compared With FLXN
Investors most often compare FLXN with BNDY, SFTY, DIVN. These 17 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare FLXN with Any Fund or Stock
Compare FLXN with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FLXN with funds that move differently
Horizon Flexible Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FLXN.
Explore FLXN Diversifiers