YNOT vs. BENJ

Last updated Jun 24, 2026

YNOT (Horizon Digital Frontier ETF) and BENJ (Horizon Landmark ETF) are both exchange-traded funds - YNOT is a Technology Equities fund actively managed by Horizon, while BENJ is a Ultrashort Bond fund actively managed by Horizon. Both are actively managed. At a correlation of -0.00, they often move in opposite directions. YNOT charges 0.75%/yr vs 0.40%/yr for BENJ.

Performance

YNOT vs. BENJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Horizon Digital Frontier ETF (YNOT) 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, YNOT achieves a 13.56% return, which is significantly higher than BENJ's 1.64% return.

YNOT

• 1D: -3.51%
• 1M: -2.23%
• YTD: 13.56%
• 6M: 11.69%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BENJ

• 1D: 0.00%
• 1M: 0.27%
• YTD: 1.64%
• 6M: 1.75%
• 1Y: 3.79%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

YNOT vs. BENJ - Yearly Performance Comparison

	2026 (YTD)	2025
YNOT Horizon Digital Frontier ETF	13.56%	12.46%
BENJ Horizon Landmark ETF	1.64%	1.92%

Correlation

The correlation between YNOT and BENJ is -0.00, 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 Jul 10, 2025	-0.00

Return for Risk

YNOT vs. BENJ — Risk / Return Rank

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

YNOT

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

BENJ

BENJ Risk / Return Rank: 98
BENJ Sharpe Ratio Rank: 98
BENJ Sortino Ratio Rank: 98
BENJ Omega Ratio Rank: 99
BENJ Calmar Ratio Rank: 97
BENJ Martin Ratio Rank: 98

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.

YNOT vs. BENJ - Risk-Adjusted Trends Comparison

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

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.

	YNOT	BENJ	Difference
Sharpe ratio: Return per unit of total volatility	—	5.65	—
Sortino ratio: Return per unit of downside risk	—	9.14	—
Omega ratio: Gain probability vs. loss probability	—	4.85	—
Calmar ratio: Return relative to maximum drawdown	—	9.74	—
Martin ratio: Return relative to average drawdown	—	45.97	—

Drawdowns

YNOT vs. BENJ - Drawdown Comparison

The maximum YNOT drawdown since its inception was -16.73%, which is greater than BENJ's maximum drawdown of -0.39%. Use the drawdown chart below to compare losses from any high point for YNOT and BENJ.

Drawdown Indicators

	YNOT	BENJ	Difference
Max Drawdown Largest peak-to-trough decline	-16.73%	-0.39%	-16.34%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.39%	—
Current Drawdown Current decline from peak	-8.39%	0.00%	-8.39%
Average Drawdown Average peak-to-trough decline	-3.88%	-0.02%	-3.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.08%	—

Volatility

Volatility by Period

	YNOT	BENJ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.11%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.25%	—
Volatility (1Y) Calculated over the trailing 1-year period	24.42%	0.67%	+23.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.42%	0.60%	+23.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.42%	0.60%	+23.82%

YNOT vs. BENJ - Expense Ratio Comparison

YNOT has a 0.75% expense ratio, which is higher than BENJ's 0.40% expense ratio.

Dividends

YNOT vs. BENJ - Dividend Comparison

Neither YNOT nor BENJ has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both YNOT and BENJ in my portfolio?

YNOT and BENJ have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, YNOT 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, YNOT or BENJ?

BENJ is cheaper with a 0.40% expense ratio, compared with 0.75% for YNOT.

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

YNOT and BENJ have nearly identical dividend yields, around 0.00%.

What is the main difference between YNOT and BENJ?

YNOT is categorized as Technology Equities, while BENJ is Ultrashort Bond. Their fees differ too: 0.75% for YNOT and 0.40% for BENJ.