HBTAHorizon Expedition Plus ETF
Seeks to provide total return.
By Horizon Investments · Launched 2025
0.86%
#4,608 of 5,861 · expensive
$236M
#2,227 of 5,861 · mid-size
0.02%
1 year
#4,019 of 5,861 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 10 holdings = 43.3% of fundmoderately concentrated
Asset allocation
By sector
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks to provide total return.
- Strategy
- Actively manages a portfolio primarily invested in large-cap U.S. equity securities, utilizing options strategies to generate income and enhance returns. The Fund employs a flexible approach, combining active management and quantitative models across factors like growth and value.
- Inception date
- January 22, 2025
- Fund family
- Horizon Investments
Similar funds
Same asset class, closest by strategy & exposureOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
You're paying active fees for an index
This fund charges active-management prices while tracking its benchmark almost perfectly (a high R²). The metrics below show how little active management you're getting for that premium: low tracking error and a fee well above the passive peer median.
- R²
- 96.0%
- TE
- 5.3%
- Beta
- 1.09
- Fee
- 2× 0.49%
Sources: Cremers & Petajisto (2009) · Amihud & Goyenko (2013) · ESMA (2016)
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-08-04