ARANX vs. STRV
Compare and contrast key facts about Horizon Active Risk Assist Fund (ARANX) and Strive 500 ETF (STRV).
ARANX is managed by Horizon Investments. It was launched on Aug 27, 2014. STRV is a passively managed fund by Strive that tracks the performance of the Bloomberg US Large Cap Index. It was launched on Sep 15, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARANX or STRV.
Correlation
The correlation between ARANX and STRV is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ARANX vs. STRV - Performance Comparison
Key characteristics
ARANX:
0.32
STRV:
1.77
ARANX:
0.48
STRV:
2.39
ARANX:
1.08
STRV:
1.32
ARANX:
0.36
STRV:
2.74
ARANX:
1.06
STRV:
11.21
ARANX:
4.61%
STRV:
2.10%
ARANX:
15.12%
STRV:
13.26%
ARANX:
-26.70%
STRV:
-9.84%
ARANX:
-8.63%
STRV:
-0.06%
Returns By Period
In the year-to-date period, ARANX achieves a 4.62% return, which is significantly higher than STRV's 4.30% return.
ARANX
4.62%
5.23%
-3.69%
5.31%
3.00%
2.70%
STRV
4.30%
5.11%
11.82%
24.37%
N/A
N/A
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ARANX vs. STRV - Expense Ratio Comparison
ARANX has a 1.17% expense ratio, which is higher than STRV's 0.05% expense ratio.
Risk-Adjusted Performance
ARANX vs. STRV — Risk-Adjusted Performance Rank
ARANX
STRV
ARANX vs. STRV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Horizon Active Risk Assist Fund (ARANX) and Strive 500 ETF (STRV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
ARANX vs. STRV - Dividend Comparison
ARANX's dividend yield for the trailing twelve months is around 0.56%, less than STRV's 1.09% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
ARANX Horizon Active Risk Assist Fund | 0.56% | 0.58% | 0.83% | 0.53% | 0.68% | 0.37% | 1.00% | 0.64% | 0.53% | 0.86% | 1.06% |
STRV Strive 500 ETF | 1.09% | 1.13% | 1.21% | 0.37% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ARANX vs. STRV - Drawdown Comparison
The maximum ARANX drawdown since its inception was -26.70%, which is greater than STRV's maximum drawdown of -9.84%. Use the drawdown chart below to compare losses from any high point for ARANX and STRV. For additional features, visit the drawdowns tool.
Volatility
ARANX vs. STRV - Volatility Comparison
The current volatility for Horizon Active Risk Assist Fund (ARANX) is 3.44%, while Strive 500 ETF (STRV) has a volatility of 3.88%. This indicates that ARANX experiences smaller price fluctuations and is considered to be less risky than STRV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.