SFTY vs. LEXI

Last updated Jun 4, 2026

SFTY (Horizon Managed Risk ETF) and LEXI (Alexis Practical Tactical ETF) are both Tactical Allocation funds. Their correlation of 0.93 suggests significant overlap in exposure. SFTY charges 0.77%/yr vs 1.00%/yr for LEXI.

Performance

SFTY vs. LEXI - Performance Comparison

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

Returns By Period

In the year-to-date period, SFTY achieves a 9.84% return, which is significantly lower than LEXI's 13.13% return.

SFTY

• 1D: -0.32%
• 1M: 4.71%
• YTD: 9.84%
• 6M: 9.81%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

LEXI

• 1D: -0.17%
• 1M: 5.37%
• YTD: 13.13%
• 6M: 13.75%
• 1Y: 29.19%
• 3Y*: 20.28%
• 5Y*: —
• 10Y*: —

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

SFTY vs. LEXI - Yearly Performance Comparison

	2026 (YTD)	2025
SFTY Horizon Managed Risk ETF	9.84%	11.73%
LEXI Alexis Practical Tactical ETF	13.13%	11.96%

Correlation

The correlation between SFTY and LEXI is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 27, 2025	0.93

Return for Risk

SFTY vs. LEXI — Risk / Return Rank

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

LEXI

LEXI Risk / Return Rank: 82
LEXI Sharpe Ratio Rank: 84
LEXI Sortino Ratio Rank: 87
LEXI Omega Ratio Rank: 83
LEXI Calmar Ratio Rank: 72
LEXI Martin Ratio Rank: 85

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. LEXI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Horizon Managed Risk ETF (SFTY) and Alexis Practical Tactical ETF (LEXI). 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	LEXI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.76	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.11	0.78	+1.33

Drawdowns

SFTY vs. LEXI - Drawdown Comparison

The maximum SFTY drawdown since its inception was -8.64%, smaller than the maximum LEXI drawdown of -22.01%. Use the drawdown chart below to compare losses from any high point for SFTY and LEXI.

Drawdown Indicators

	SFTY	LEXI	Difference
Max Drawdown Largest peak-to-trough decline	-8.64%	-22.01%	+13.37%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.12%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-15.94%	—
Current Drawdown Current decline from peak	-0.32%	-0.17%	-0.15%
Average Drawdown Average peak-to-trough decline	-1.10%	-5.19%	+4.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.68%	—

Volatility

Volatility by Period

	SFTY	LEXI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.07%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.79%	—
Volatility (1Y) Calculated over the trailing 1-year period	11.64%	10.64%	+1.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.64%	14.64%	-3.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.64%	14.64%	-3.00%

SFTY vs. LEXI - Expense Ratio Comparison

SFTY has a 0.77% expense ratio, which is lower than LEXI's 1.00% expense ratio.

Dividends

SFTY vs. LEXI - Dividend Comparison

SFTY's dividend yield for the trailing twelve months is around 0.17%, less than LEXI's 0.83% yield.

Position	TTM	2025	2024	2023	2022	2021
LEXI Alexis Practical Tactical ETF	0.83%	0.94%	2.17%	1.34%	0.95%	0.23%
SFTY Horizon Managed Risk ETF	0.17%	0.19%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SFTY and LEXI in my portfolio?

With a correlation of 0.93, SFTY and LEXI move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, SFTY or LEXI?

On fees, SFTY is cheaper at 0.77% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SFTY or LEXI?

SFTY is cheaper with a 0.77% expense ratio, compared with 1.00% for LEXI.

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

LEXI has the higher dividend yield at 0.83%, compared with 0.17% for SFTY.

What is the main difference between SFTY and LEXI?

They also come from different issuers: Horizon and Alexis. Their fees differ too: 0.77% for SFTY and 1.00% for LEXI.