SFTYHorizon Managed Risk ETF
Seeks to capture the majority of U.S. large-cap equity market returns while mitigating downside risk through a Risk Assist® strategy.
By Horizon Investments · Launched 2025
0.77%
#3,906 of 5,562 · expensive
$397M
#1,755 of 5,562 · large
—
12 months
#4,520 of 5,562 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
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+ yearsWorst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Where to buy
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks to capture the majority of U.S. large-cap equity market returns while mitigating downside risk through a Risk Assist® strategy.
- Strategy
- Utilizes an actively managed approach with two main strategies: investing primarily in U.S. equity securities and employing a Risk Assist® strategy to adjust market exposure during volatility. The Fund may also engage in options strategies to generate income and hedge against declines.
- Inception date
- June 25, 2025
- Fund family
- Horizon Investments
Similar ETFs
Closest matches by profileOur 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
What's next?
You've reviewed SFTY. Save it to your watchlist to track it alongside the other funds you're weighing.
Data updated on 2026-06-19