Horizon Active Risk Assist Fund Advisor (ARAAX)
27.72
-0.14
(-0.50%)
USD |
Sep 15 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 1.40% | 1.567B | -- | 172.0% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -63.71M | 13.85% |
Basic Info
| Investment Strategy | |
| The Fund seeks to capture the majority of the returns associated with equity market investments, while mitigating downside risk through use of a risk overlay strategy. Horizon allocates the Funds assets across various sectors of the global securities markets and to mitigate downside risk through Risk Assist overlay. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Absolute Return USD High |
| Peer Group | Absolute Return Funds |
| Global Macro | Absolute Return |
| US Macro | Alternative Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Absolute Return Funds |
| Fund Owner Firm Name | Horizon Funds |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
68
-46.14M
Peer Group Low
168.52M
Peer Group High
1 Year
% Rank:
85
-63.71M
-122.81M
Peer Group Low
995.62M
Peer Group High
3 Months
% Rank:
92
-20.01M
Peer Group Low
440.28M
Peer Group High
3 Years
% Rank:
83
-1.420B
Peer Group Low
1.328B
Peer Group High
6 Months
% Rank:
73
-123.40M
Peer Group Low
684.50M
Peer Group High
5 Years
% Rank:
62
-2.857B
Peer Group Low
1.321B
Peer Group High
YTD
% Rank:
74
-64.08M
Peer Group Low
825.85M
Peer Group High
10 Years
% Rank:
19
-8.079B
Peer Group Low
3.469B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of September 16, 2026.
Asset Allocation
As of June 30, 2026.
| Type | % Net |
|---|---|
| Cash | 0.27% |
| Stock | 99.04% |
| Bond | 0.18% |
| Convertible | 0.00% |
| Preferred | 0.17% |
| Other | 0.35% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| State Street SPDR Portfolio S&P 500 Growth ETF | 23.67% | 119.02 | -0.08% |
| State Street SPDR Portfolio Devt World ex-US ETF | 14.61% | 50.59 | -0.35% |
| iShares Core MSCI International Developed Mkt ETF | 11.36% | 90.51 | -0.36% |
| State Street SPDR Portfolio Emerging Markets ETF | 10.69% | 51.58 | 0.07% |
| Invesco S&P 500 Equal Weight ETF | 8.01% | 212.70 | -0.59% |
| State Street SPDR Portfolio S&P 500 Value ETF | 5.89% | 62.20 | -0.82% |
| iShares MSCI USA Min Vol Factor ETF | 4.83% | 98.51 | -0.68% |
| iShares MSCI USA Quality Factor ETF | 4.07% | 217.33 | -0.62% |
| iShares MSCI All Country Asia ex Japan ETF | 3.19% | 113.81 | -0.05% |
| NVIDIA Corp. | 1.64% | 214.03 | 0.88% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 0.25% |
| Actual Management Fee | 0.99% |
| Administration Fee | 351.00 None |
| Maximum Front Load | 0.00% |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 2500.00 None |
| Minimum Subsequent Investment | 250.00 None |
TTM Distributions
| Type | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of August 31, 2026.
Basic Info
| Investment Strategy | |
| The Fund seeks to capture the majority of the returns associated with equity market investments, while mitigating downside risk through use of a risk overlay strategy. Horizon allocates the Funds assets across various sectors of the global securities markets and to mitigate downside risk through Risk Assist overlay. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Absolute Return USD High |
| Peer Group | Absolute Return Funds |
| Global Macro | Absolute Return |
| US Macro | Alternative Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Absolute Return Funds |
| Fund Owner Firm Name | Horizon Funds |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (9-15-26) | 0.54% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 115 |
| Stock | |
| Weighted Average PE Ratio | 31.15 |
| Weighted Average Price to Sales Ratio | 8.558 |
| Weighted Average Price to Book Ratio | 9.829 |
| Weighted Median ROE | 68.26% |
| Weighted Median ROA | 16.13% |
| Return on Investment (TTM) | 23.92% |
| Earning Yield | 0.6060 |
| LT Debt / Shareholders Equity | 0.6712 |
| Number of Equity Holdings | 70 |
As of June 30, 2026
Growth Metrics
| EPS Growth (1Y) | 28.36% |
| EPS Growth (3Y) | 20.47% |
| EPS Growth (5Y) | 23.83% |
| Sales Growth (1Y) | 15.94% |
| Sales Growth (3Y) | 14.27% |
| Sales Growth (5Y) | 15.52% |
| Sales per Share Growth (1Y) | 18.08% |
| Sales per Share Growth (3Y) | 15.02% |
| Operating Cash Flow - Growth Rate (3Y) | 24.11% |
As of June 30, 2026
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:ARAAX", "name") |
| Broad Asset Class: =YCI("M:ARAAX", "broad_asset_class") |
| Broad Category: =YCI("M:ARAAX", "broad_category_group") |
| Prospectus Objective: =YCI("M:ARAAX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |