Horizon ESG Defensive Core Fund (HESGX)
The investment seeks long-term growth of capital, current income and growth of income, while mitigating downside risk through use of a risk overlay strategy (the "Risk Assist strategy"). The ESG fund seeks to achieve its investment objective by investing in large U.S. common stocks screened by the fund's investment sub-adviser, with regard to certain impact ESG criteria. It will invest not less than 80% of the value of its net assets in "ESG investments", which the ESG fund defines as equity securities and fixed income investments issued by companies that qualify for investment after undergoing DIMA's ESG screening process.
Fund Info
US44053A7476
44053A747
Dec 27, 2019
$2,500
Large-Cap
Blend
Expense Ratio
HESGX has a high expense ratio of 1.02%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Horizon ESG Defensive Core 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 ESG Defensive Core Fund had a return of 2.57% year-to-date (YTD) and 18.74% in the last 12 months.
HESGX
2.57%
0.24%
6.56%
18.74%
12.30%
N/A
^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of HESGX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.69% | 2.57% | |||||||||||
| 2024 | 2.14% | 5.49% | 3.57% | -4.55% | 4.77% | 3.64% | 0.29% | 1.85% | 2.21% | -1.09% | 5.89% | -3.20% | 22.41% |
| 2023 | 4.05% | -2.30% | 3.02% | 0.97% | 0.96% | 6.51% | 3.38% | -0.55% | -5.08% | -2.67% | 9.71% | 4.25% | 23.52% |
| 2022 | -5.01% | -2.67% | 3.48% | -7.88% | -0.68% | -5.94% | 4.96% | -2.99% | -6.24% | 3.92% | 3.33% | -3.83% | -18.83% |
| 2021 | 0.24% | 1.82% | 4.78% | 3.96% | 1.22% | 2.77% | 2.75% | 3.22% | -5.08% | 7.44% | -2.33% | 1.97% | 24.58% |
| 2020 | -0.44% | -8.42% | -4.79% | 8.08% | 3.20% | 1.70% | 4.60% | 7.79% | -3.54% | -3.44% | 11.59% | 2.98% | 18.84% |
| 2019 | -0.24% | -0.24% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of HESGX is 68, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Horizon ESG Defensive Core Fund (HESGX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Horizon ESG Defensive Core Fund provided a 0.28% dividend yield over the last twelve months, with an annual payout of $0.13 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Dividend | $0.13 | $0.13 | $0.22 | $0.16 | $0.08 | $0.10 |
Dividend yield | 0.28% | 0.29% | 0.60% | 0.52% | 0.22% | 0.34% |
Monthly Dividends
The table displays the monthly dividend distributions for Horizon ESG Defensive Core 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $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 | $0.13 | $0.13 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.22 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.16 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.08 |
| 2020 | $0.10 | $0.10 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Horizon ESG Defensive Core 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 ESG Defensive Core Fund was 24.43%, occurring on Mar 23, 2020. Recovery took 95 trading sessions.
The current Horizon ESG Defensive Core Fund drawdown is 2.13%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -24.43% | Feb 20, 2020 | 23 | Mar 23, 2020 | 95 | Aug 6, 2020 | 118 |
| -23.37% | Nov 8, 2021 | 234 | Oct 12, 2022 | 318 | Jan 19, 2024 | 552 |
| -9.42% | Jul 17, 2024 | 16 | Aug 7, 2024 | 33 | Sep 24, 2024 | 49 |
| -9.28% | Sep 3, 2020 | 14 | Sep 23, 2020 | 38 | Nov 16, 2020 | 52 |
| -6.38% | Apr 1, 2024 | 15 | Apr 19, 2024 | 18 | May 15, 2024 | 33 |
Volatility
Volatility Chart
The current Horizon ESG Defensive Core Fund volatility is 4.13%, 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.