STOX vs. SPCT

Last updated Jul 17, 2026

STOX (Horizon Core Equity ETF) and SPCT (Liberty One Spectrum ETF) are both Large Cap Blend Equities funds. At a 0.48 correlation, their price movements are largely independent. STOX charges 0.70%/yr vs 0.85%/yr for SPCT.

Performance

STOX vs. SPCT - Performance Comparison

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

Returns By Period

The year-to-date returns for both stocks are quite close, with STOX having a 9.93% return and SPCT slightly lower at 9.92%.

STOX

• 1D: -0.47%
• 1M: 0.37%
• 6M: 8.44%
• YTD: 9.93%
• 1Y: 21.66%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SPCT

• 1D: 0.99%
• 1M: 1.35%
• 6M: 7.01%
• YTD: 9.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

STOX vs. SPCT - Yearly Performance Comparison

	2026 (YTD)	2025
STOX Horizon Core Equity ETF	9.93%	3.43%
SPCT Liberty One Spectrum ETF	9.92%	1.93%

Correlation

The correlation between STOX and SPCT is 0.48, 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 Sep 30, 2025	0.48

Return for Risk

STOX vs. SPCT — Risk / Return Rank

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

STOX

STOX Risk / Return Rank: 65
STOX Sharpe Ratio Rank: 65
STOX Sortino Ratio Rank: 65
STOX Omega Ratio Rank: 64
STOX Calmar Ratio Rank: 58
STOX Martin Ratio Rank: 73

SPCT

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

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.

STOX vs. SPCT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Horizon Core Equity ETF (STOX) and Liberty One Spectrum ETF (SPCT). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	STOX	SPCT	Difference
Sharpe ratio: Return per unit of total volatility	1.70	—	—
Sortino ratio: Return per unit of downside risk	2.39	—	—
Omega ratio: Gain probability vs. loss probability	1.31	—	—
Calmar ratio: Return relative to maximum drawdown	2.33	—	—
Martin ratio: Return relative to average drawdown	10.56	—	—

Drawdowns

STOX vs. SPCT - Drawdown Comparison

The maximum STOX drawdown since its inception was -9.33%, which is greater than SPCT's maximum drawdown of -7.17%. Use the drawdown chart below to compare losses from any high point for STOX and SPCT.

Drawdown Indicators

	STOX	SPCT	Difference
Max Drawdown Largest peak-to-trough decline	-9.33%	-7.17%	-2.16%
Max Drawdown (1Y) Largest decline over 1 year	-9.33%	—	—
Current Drawdown Current decline from peak	-0.72%	0.00%	-0.72%
Average Drawdown Average peak-to-trough decline	-1.19%	-1.49%	+0.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.06%	—	—

Volatility

Volatility by Period

	STOX	SPCT	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.34%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.92%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.76%	9.27%	+3.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.63%	9.27%	+3.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.63%	9.27%	+3.36%

STOX vs. SPCT - Expense Ratio Comparison

STOX has a 0.70% expense ratio, which is lower than SPCT's 0.85% expense ratio.

Dividends

STOX vs. SPCT - Dividend Comparison

STOX's dividend yield for the trailing twelve months is around 0.17%, less than SPCT's 0.73% yield.

Position	TTM	2025
SPCT Liberty One Spectrum ETF	0.73%	0.16%
STOX Horizon Core Equity ETF	0.17%	0.19%

Frequently Asked Questions

Can I hold both STOX and SPCT in my portfolio?

STOX and SPCT have a correlation of 0.48, 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 SPCT?

On fees, STOX is cheaper at 0.70% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, STOX or SPCT?

STOX is cheaper with a 0.70% expense ratio, compared with 0.85% for SPCT.

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

SPCT has the higher dividend yield at 0.73%, compared with 0.17% for STOX.

What is the main difference between STOX and SPCT?

They also come from different issuers: Horizon and Liberty One. Their fees differ too: 0.70% for STOX and 0.85% for SPCT.