Horizon Defined Risk Fund (HNDRX) belongs to the Options Trading category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with HNDRX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HNDRX
HNDRX charges 1.04% annually. There are 12 mutual funds in the Options Trading category with lower expense ratios, going as low as 0.47%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parametric Volatility Risk Premium - Defensive Fun... | 0.47% | — | Feb 2017 | HNDRX vs EIVPX | |
| JPMorgan Hedged Equity 2 Fund Class I | 0.60% | — | Feb 2021 | HNDRX vs JHQDX | |
| JPMorgan Hedged Equity 3 Fund | 0.60% | — | Feb 2021 | HNDRX vs JHQTX | |
| Gateway Equity Call Premium Fund | 0.68% | — | Sep 2014 | HNDRX vs GCPYX | |
| Gateway Fund Class Y Shares | 0.70% | — | — | HNDRX vs GTEYX |
Best Risk-Adjusted Alternatives to HNDRX
HNDRX has a PortfoliosLab risk / return rank of 78. There are 8 mutual funds in the Options Trading category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Princeton Premium Fund | 100 | — | Nov 2016 | HNDRX vs PPFIX | |
| Glenmede Secured Options Portfolio | 92 | — | Jun 2010 | HNDRX vs GTSOX | |
| MAI Managed Volatility Fund | 91 | — | Sep 2010 | HNDRX vs MAIPX | |
| Parametric Volatility Risk Premium - Defensive Fun... | 88 | — | Feb 2017 | HNDRX vs EIVPX | |
| Easterly Hedged Equity Fund | 87 | — | Jul 2015 | HNDRX vs JDIEX |
Top Performing HNDRX Alternatives (YTD)
HNDRX is at 5.84% YTD. There are 14 mutual funds in the Options Trading category with higher YTD returns, going as high as 12.31%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Nasdaq 100 Dynamic Overwrite Fund | 12.31% | — | Jan 2007 | HNDRX vs QQQX | |
| AlphaCentric Premium Opportunity Fund | 9.08% | — | Sep 2016 | HNDRX vs HMXIX | |
| Easterly Hedged Equity Fund | 7.74% | — | Jul 2015 | HNDRX vs JDIEX | |
| Glenmede Secured Options Portfolio | 7.66% | — | Jun 2010 | HNDRX vs GTSOX | |
| Cboe Vest US Large Cap 10% Buffer Fund | 7.10% | — | Aug 2016 | HNDRX vs BUIGX |
Lowest Volatility Alternatives to HNDRX
HNDRX has 6.10% 1-year volatility. There are 7 mutual funds in the Options Trading category with lower 1-year volatility, going as low as 0.89%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Princeton Premium Fund | 0.89% | — | Nov 2016 | HNDRX vs PPFIX | |
| North SquareTrilogy Alternative Return Fund | 3.59% | — | Apr 2012 | HNDRX vs STTIX | |
| MAI Managed Volatility Fund | 4.84% | — | Sep 2010 | HNDRX vs MAIPX | |
| Beacon Planned Return Strategy Fund | 5.18% | — | Oct 2017 | HNDRX vs BPRLX | |
| Rational Tactical Return Fund | 5.25% | — | Apr 2007 | HNDRX vs HRSTX |
Lowest Drawdown Alternatives to HNDRX
HNDRX has a 1-year max drawdown of -4.48%. There are 8 mutual funds in the Options Trading category with shallower 1-year drawdowns, going as shallow as -0.25%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Princeton Premium Fund | -0.25% | — | Nov 2016 | HNDRX vs PPFIX | |
| North SquareTrilogy Alternative Return Fund | -2.86% | — | Apr 2012 | HNDRX vs STTIX | |
| Rational Tactical Return Fund | -3.09% | — | Apr 2007 | HNDRX vs HRSTX | |
| MAI Managed Volatility Fund | -3.10% | — | Sep 2010 | HNDRX vs MAIPX | |
| Easterly Hedged Equity Fund | -3.49% | — | Jul 2015 | HNDRX vs JDIEX |
Other Mutual Funds from Horizon Investments
The 6 most viewed Horizon Investments mutual funds shown here include AAANX, ARANX, USRAX and span 5 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Horizon Active Asset Allocation Fund | Tactical Allocation | 45 | 10.89% | — | Jan 2012 | HNDRX vs AAANX | |
| Horizon Active Risk Assist Fund | Diversified Portfolio | 42 | 10.40% | — | Aug 2014 | HNDRX vs ARANX | |
| Horizon U.S. Defensive Equity Fund | Large Cap Blend Equities | 64 | 9.58% | — | Jun 2019 | HNDRX vs USRAX | |
| Horizon ESG Defensive Core Fund | Large Cap Blend Equities | 50 | 8.07% | — | Dec 2019 | HNDRX vs HESGX | |
| Horizon Active Dividend Fund | Large Cap Value Equities | 83 | 11.20% | — | Dec 2016 | HNDRX vs HNDDX | |
| Horizon Active Income Fund | Intermediate Core-Plus Bond | 19 | -0.09% | — | Sep 2013 | HNDRX vs AIMNX |
Often Compared With HNDRX
Investors most often compare HNDRX with CIHEX, SPY, HEQT. These 8 comparison targets span 5 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Calamos Hedged Equity Fund | Options Trading | 75 | 6.25% | — | Dec 2014 | HNDRX vs CIHEX | |
| State Street SPDR S&P 500 ETF | S&P 500 | 70 | 11.28% | 783.21B | Jan 1993 | HNDRX vs SPY | |
| Simplify Hedged Equity ETF | Equity Hedged, Options Trading, Actively Managed | 78 | 6.08% | 300.35M | Nov 2021 | HNDRX vs HEQT | |
| Aptus Collared Income Opportunity ETF | Diversified Portfolio | 50 | 6.96% | 2.14B | Jul 2019 | HNDRX vs ACIO | |
| Catalyst Buffered Shield Fund | Options Trading | 83 | 5.15% | — | Apr 2015 | HNDRX vs SHIIX | |
| Swan Defined Risk Fund | Options Trading | 62 | 5.89% | — | Jul 2012 | HNDRX vs SDRIX | |
| Cavanal Hill Hedged Income Fund | Options Trading | 44 | 6.54% | — | Dec 2020 | HNDRX vs APLIX | |
| Swan Defined Risk Growth Fund | Options Trading | 47 | 6.23% | — | Dec 2018 | HNDRX vs SDAIX |
Compare HNDRX with Any Fund or Stock
Compare HNDRX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HNDRX with funds that move differently
Horizon Defined Risk Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HNDRX.
Explore HNDRX Diversifiers