BENJHorizon Landmark ETF
Seeks total return.
Horizon Investments · Since 2025 (1 year)
0.40%
#1874 out of 5,332 ETFs
$224M
#2037 out of 5,332 ETFs
0.00%
1 year
#4193 out of 5,332 ETFs
Performance
1 Year
+4.0%
3 Years
N/A
5 Years
N/A
What's inside
Top holdings
Risk profile
0.7%
Moderate
-0.4%
Worst peak-to-trough loss
N/A
N/A
Similar ETFs
Our take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Covered call ETF — yield ≠ total return
The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.
Source: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)
Why we flagged this: strategy=option_income + option_income_strategy
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
Data updated on 2026-05-05