STOX vs. YNOT

Last updated Jun 20, 2026

STOX (Horizon Core Equity ETF) and YNOT (Horizon Digital Frontier ETF) are both exchange-traded funds - STOX is a Large Cap Blend Equities fund managed by Horizon, while YNOT is a Technology Equities fund actively managed by Horizon. Their correlation of 0.89 suggests significant overlap in exposure. STOX charges 0.70%/yr vs 0.75%/yr for YNOT.

Performance

STOX vs. YNOT - Performance Comparison

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

Returns By Period

In the year-to-date period, STOX achieves a 9.22% return, which is significantly lower than YNOT's 18.69% return.

STOX

• 1D: 1.12%
• 1M: 1.04%
• YTD: 9.22%
• 6M: 9.80%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

YNOT

• 1D: 2.32%
• 1M: 3.65%
• YTD: 18.69%
• 6M: 18.66%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

STOX vs. YNOT - Yearly Performance Comparison

	2026 (YTD)	2025
STOX Horizon Core Equity ETF	9.22%	10.69%
YNOT Horizon Digital Frontier ETF	18.69%	12.46%

Correlation

The correlation between STOX and YNOT is 0.89, 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 Jul 10, 2025	0.89

Return for Risk

STOX vs. YNOT - Risk-Adjusted Trends Comparison

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

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

Drawdowns

STOX vs. YNOT - Drawdown Comparison

The maximum STOX drawdown since its inception was -9.33%, smaller than the maximum YNOT drawdown of -16.73%. Use the drawdown chart below to compare losses from any high point for STOX and YNOT.

Drawdown Indicators

	STOX	YNOT	Difference
Max Drawdown Largest peak-to-trough decline	-9.33%	-16.73%	+7.40%
Current Drawdown Current decline from peak	-0.89%	-4.25%	+3.36%
Average Drawdown Average peak-to-trough decline	-1.19%	-3.86%	+2.67%

Volatility

Volatility by Period

	STOX	YNOT	Difference
Volatility (1Y) Calculated over the trailing 1-year period	12.80%	24.22%	-11.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.80%	24.22%	-11.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.80%	24.22%	-11.42%

STOX vs. YNOT - Expense Ratio Comparison

STOX has a 0.70% expense ratio, which is lower than YNOT's 0.75% expense ratio.

Dividends

STOX vs. YNOT - Dividend Comparison

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

Position	TTM	2025
STOX Horizon Core Equity ETF	0.17%	0.19%
YNOT Horizon Digital Frontier ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both STOX and YNOT in my portfolio?

STOX and YNOT have a correlation of 0.89, 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 YNOT?

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 YNOT?

STOX is cheaper with a 0.70% expense ratio, compared with 0.75% for YNOT.

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

STOX has the higher dividend yield at 0.17%, compared with 0.00% for YNOT.

What is the main difference between STOX and YNOT?

STOX is categorized as Large Cap Blend Equities, while YNOT is Technology Equities. Their fees differ too: 0.70% for STOX and 0.75% for YNOT.