Morningstar

Horizon Active Risk Assist® Fund Class A ARAAX

Morningstar Medalist Rating
Unlock
Medalist Rating as of See Horizon Investments Investment Hub
  • NAV / 1-Day Return $27.53  /  −1.11 %
  • Fund Size $1.5B
  • Adjusted Expense Ratio 1.400%
  • Net Expense Ratio 1.320%
  • Fee Level: Distribution Average
  • Share Class Type No Load
  • Morningstar Category Tactical Allocation
  • Equity Style Box (Funds) Large Blend
  • Fixed-Income Style Box (Funds) —
  • Investment Status Open
  • TTM Yield 0.50%
  • Turnover Ratio 172%
NAV and 1-Day Return as of

Morningstar’s Analysis ARAAX

Will ARAAX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ARAAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ARAAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of ARAAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Horizon Active Risk Assist® A holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings ARAAX

More ARAAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 87.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

State Street SPDR Port S&P 500 Gr ETF

23.65 374M
—

State Street® SPDR® Ptf Dev Wld exUS ETF

14.60 231M
—

iShares Core MSCI Intl Dev Mkts ETF

11.35 180M
—

State Street® SPDR® Portfolio EM ETF

10.68 169M
—

Invesco S&P 500® Equal Weight ETF

8.01 127M
—

State Street SPDR Port S&P 500 Val ETF

5.88 93M
—

iShares MSCI USA Min Vol Factor ETF

4.83 76M
—

iShares MSCI USA Quality Factor ETF

4.06 64M
—

iShares MSCI All Country Asia ex Jpn ETF

3.19 50M
—

NVIDIA Corp

1.64 26M
Technology

Sponsor Center