SFTY vs. BENJ

Last updated Jun 3, 2026

SFTY (Horizon Managed Risk ETF) and BENJ (Horizon Landmark ETF) are both exchange-traded funds - SFTY is a Tactical Allocation fund managed by Horizon, while BENJ is a Ultrashort Bond fund actively managed by Horizon. At a 0.07 correlation, their price movements are largely independent. SFTY charges 0.77%/yr vs 0.40%/yr for BENJ.

Performance

SFTY vs. BENJ - Performance Comparison

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

Returns By Period

In the year-to-date period, SFTY achieves a 10.20% return, which is significantly higher than BENJ's 1.46% return.

SFTY

• 1D: 0.17%
• 1M: 4.53%
• YTD: 10.20%
• 6M: 10.44%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BENJ

• 1D: 0.00%
• 1M: 0.26%
• YTD: 1.46%
• 6M: 1.83%
• 1Y: 3.79%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SFTY vs. BENJ - Yearly Performance Comparison

	2026 (YTD)	2025
SFTY Horizon Managed Risk ETF	10.20%	11.73%
BENJ Horizon Landmark ETF	1.46%	2.06%

Correlation

The correlation between SFTY and BENJ is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 27, 2025	0.07

Return for Risk

SFTY 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: 99
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.

SFTY vs. BENJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Horizon Managed Risk ETF (SFTY) 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

	SFTY	BENJ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	5.68	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.16	6.43	-4.27

Drawdowns

SFTY vs. BENJ - Drawdown Comparison

The maximum SFTY drawdown since its inception was -8.64%, which is greater than BENJ's maximum drawdown of -0.39%. Use the drawdown chart below to compare losses from any high point for SFTY and BENJ.

Drawdown Indicators

	SFTY	BENJ	Difference
Max Drawdown Largest peak-to-trough decline	-8.64%	-0.39%	-8.25%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.39%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-1.10%	-0.02%	-1.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.08%	—

Volatility

Volatility by Period

	SFTY	BENJ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.08%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.23%	—
Volatility (1Y) Calculated over the trailing 1-year period	11.66%	0.67%	+10.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.66%	0.60%	+11.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.66%	0.60%	+11.06%

SFTY vs. BENJ - Expense Ratio Comparison

SFTY has a 0.77% expense ratio, which is higher than BENJ's 0.40% expense ratio.

Dividends

SFTY vs. BENJ - Dividend Comparison

SFTY's dividend yield for the trailing twelve months is around 0.17%, while BENJ has not paid dividends to shareholders.

Position	TTM	2025
BENJ Horizon Landmark ETF	0.00%	0.00%
SFTY Horizon Managed Risk ETF	0.17%	0.19%

Frequently Asked Questions

Can I hold both SFTY and BENJ in my portfolio?

SFTY and BENJ have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SFTY 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, SFTY or BENJ?

BENJ is cheaper with a 0.40% expense ratio, compared with 0.77% for SFTY.

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

SFTY has the higher dividend yield at 0.17%, compared with 0.00% for BENJ.

What is the main difference between SFTY and BENJ?

SFTY is categorized as Tactical Allocation, while BENJ is Ultrashort Bond. Their fees differ too: 0.77% for SFTY and 0.40% for BENJ.