ORBX vs. BENJ

Last updated Jun 5, 2026

ORBX (Global X Space Tech ETF) and BENJ (Horizon Landmark ETF) are both exchange-traded funds - ORBX is a Aerospace & Defense fund tracking the Global X Space Tech Index, while BENJ is a Ultrashort Bond fund actively managed by Horizon. ORBX is passively managed, while BENJ is actively managed. At a correlation of -0.18, they often move in opposite directions. ORBX charges 0.50%/yr vs 0.40%/yr for BENJ.

Performance

ORBX vs. BENJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Space Tech ETF (ORBX) and Horizon Landmark ETF (BENJ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ORBX

• 1D: 3.14%
• 1M: 28.90%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BENJ

• 1D: -0.01%
• 1M: 0.29%
• YTD: 1.46%
• 6M: 1.80%
• 1Y: 3.78%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ORBX vs. BENJ - Yearly Performance Comparison

	2026 (YTD)
ORBX Global X Space Tech ETF	25.86%
BENJ Horizon Landmark ETF	0.52%

Correlation

The correlation between ORBX and BENJ is -0.18, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 16, 2026	-0.18

Return for Risk

ORBX vs. BENJ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BENJ

BENJ Risk / Return Rank: 98
BENJ Sharpe Ratio Rank: 98
BENJ Sortino Ratio Rank: 98
BENJ Omega Ratio Rank: 99
BENJ Calmar Ratio Rank: 96
BENJ Martin Ratio Rank: 97

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ORBX vs. BENJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Space Tech ETF (ORBX) and Horizon Landmark ETF (BENJ). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ORBX	BENJ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	5.65	—
Sharpe Ratio (All Time) Calculated using the full available price history	5.48	6.41	-0.93

Drawdowns

ORBX vs. BENJ - Drawdown Comparison

The maximum ORBX drawdown since its inception was -18.53%, which is greater than BENJ's maximum drawdown of -0.39%. Use the drawdown chart below to compare losses from any high point for ORBX and BENJ.

Drawdown Indicators

	ORBX	BENJ	Difference
Max Drawdown Largest peak-to-trough decline	-18.53%	-0.39%	-18.14%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.39%	—
Current Drawdown Current decline from peak	-15.97%	-0.01%	-15.96%
Average Drawdown Average peak-to-trough decline	-5.32%	-0.02%	-5.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.08%	—

Volatility

Volatility by Period

	ORBX	BENJ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.07%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.23%	—
Volatility (1Y) Calculated over the trailing 1-year period	78.51%	0.67%	+77.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	78.51%	0.60%	+77.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	78.51%	0.60%	+77.91%

ORBX vs. BENJ - Expense Ratio Comparison

ORBX has a 0.50% expense ratio, which is higher than BENJ's 0.40% expense ratio.

Dividends

ORBX vs. BENJ - Dividend Comparison

Neither ORBX nor BENJ has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ORBX and BENJ in my portfolio?

ORBX and BENJ have a correlation of -0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ORBX or BENJ?

On fees, BENJ is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ORBX or BENJ?

BENJ is cheaper with a 0.40% expense ratio, compared with 0.50% for ORBX.

Which ETF pays a higher dividend yield, ORBX or BENJ?

ORBX and BENJ have nearly identical dividend yields, around 0.00%.

What is the main difference between ORBX and BENJ?

ORBX is categorized as Aerospace & Defense, while BENJ is Ultrashort Bond. They also come from different issuers: Global X and Horizon. Their fees differ too: 0.50% for ORBX and 0.40% for BENJ.