Horizon Defined Risk Advisor holds a quantitatively derived Bronze Morningstar Medalist Rating. The rating reflects that it has scored better than the norm on factors Morningstar research associates with future outperformance relative to category peers.
Horizon Defined Risk Fund Advisor Class HADRX
- NAV / 1-Day Return 89.70 / −0.08 %
- Total Assets 1.1B
-
Adj. Expense Ratio
1.190%
- Expense Ratio 1.170%
- Distribution Fee Level Below Average
- Share Class Type No Load
- Category Equity Hedged
- Investment Style Large Blend
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 0.04%
- Turnover 13%
USD | NAV as of Jun 17, 2026 | 1-Day Return as of Jun 17, 2026, 1:35 AM GMT+0
Morningstar’s Analysis HADRX
Will HADRX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the HADRX 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 HADRX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 36.2
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
NVIDIA Corp | 6.46 | 62M | Technology |
Apple Inc | 5.69 | 55M | Technology |
Roundhill Magnificent Seven ETF | 5.68 | 55M | — |
Microsoft Corp | 4.07 | 39M | Technology |
Amazon.com Inc | 2.60 | 25M | Consumer Cyclical |
Broadcom Inc | 2.50 | 24M | Technology |
SPX US 05/15/26 P6775 | 2.47 | 24M | — |
Alphabet Inc Class A | 2.32 | 22M | Communication Services |
SPX US 06/18/26 P6600 | 2.28 | 22M | — |
SPX US 04/17/26 P6825 | 2.08 | 20M | — |
United States