STOX vs. BNDY

Last updated Jun 4, 2026

STOX (Horizon Core Equity ETF) and BNDY (Horizon Core Bond ETF) are both exchange-traded funds - STOX is a Large Cap Blend Equities fund managed by Horizon, while BNDY is a Intermediate Core Bond fund actively managed by Horizon. At a 0.47 correlation, their price movements are largely independent. STOX charges 0.70%/yr vs 0.66%/yr for BNDY.

Performance

STOX vs. BNDY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Horizon Core Equity ETF (STOX) and Horizon Core Bond ETF (BNDY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, STOX achieves a 10.00% return, which is significantly higher than BNDY's 0.87% return.

STOX

• 1D: -0.18%
• 1M: 4.95%
• YTD: 10.00%
• 6M: 10.04%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BNDY

• 1D: -0.21%
• 1M: 0.53%
• YTD: 0.87%
• 6M: 1.18%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

STOX vs. BNDY - Yearly Performance Comparison

	2026 (YTD)	2025
STOX Horizon Core Equity ETF	10.00%	10.49%
BNDY Horizon Core Bond ETF	0.87%	5.34%

Correlation

The correlation between STOX and BNDY is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 7, 2025	0.47

Return for Risk

STOX vs. BNDY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Horizon Core Equity ETF (STOX) and Horizon Core Bond ETF (BNDY). 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

	STOX	BNDY	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.08	1.37	+0.71

Drawdowns

STOX vs. BNDY - Drawdown Comparison

The maximum STOX drawdown since its inception was -9.33%, which is greater than BNDY's maximum drawdown of -3.93%. Use the drawdown chart below to compare losses from any high point for STOX and BNDY.

Drawdown Indicators

	STOX	BNDY	Difference
Max Drawdown Largest peak-to-trough decline	-9.33%	-3.93%	-5.40%
Current Drawdown Current decline from peak	-0.18%	-1.16%	+0.98%
Average Drawdown Average peak-to-trough decline	-1.16%	-0.62%	-0.54%

Volatility

Volatility by Period

	STOX	BNDY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	12.39%	5.01%	+7.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.39%	5.01%	+7.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.39%	5.01%	+7.38%

STOX vs. BNDY - Expense Ratio Comparison

STOX has a 0.70% expense ratio, which is higher than BNDY's 0.66% expense ratio.

Dividends

STOX vs. BNDY - Dividend Comparison

STOX's dividend yield for the trailing twelve months is around 0.17%, less than BNDY's 4.83% yield.

Position	TTM	2025
BNDY Horizon Core Bond ETF	4.83%	1.89%
STOX Horizon Core Equity ETF	0.17%	0.19%

Frequently Asked Questions

Can I hold both STOX and BNDY in my portfolio?

STOX and BNDY have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, STOX or BNDY?

On fees, BNDY is cheaper at 0.66% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, STOX or BNDY?

BNDY is cheaper with a 0.66% expense ratio, compared with 0.70% for STOX.

Which ETF pays a higher dividend yield, STOX or BNDY?

BNDY has the higher dividend yield at 4.83%, compared with 0.17% for STOX.

What is the main difference between STOX and BNDY?

STOX is categorized as Large Cap Blend Equities, while BNDY is Intermediate Core Bond. Their fees differ too: 0.70% for STOX and 0.66% for BNDY.