Morningstar

Horizon Defensive Core Fund Advisor Class HESAX

Morningstar Medalist Rating
Unlock
Medalist Rating as of See Horizon Investments Investment Hub
  • NAV / 1-Day Return $45.72  /  −1.10 %
  • Fund Size $491.7M
  • Adjusted Expense Ratio 1.080%
  • Net Expense Ratio 1.070%
  • Fee Level: Distribution Low
  • 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 0.17%
  • Turnover Ratio 216%
NAV and 1-Day Return as of

Morningstar’s Analysis HESAX

Will HESAX 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 HESAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the HESAX 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 HESAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Horizon Defensive Core Advisor 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 HESAX

More HESAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 42.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Roundhill Magnificent Seven ETF

8.15 42M
—

NVIDIA Corp

7.32 38M
Technology

Apple Inc

5.85 30M
Technology

Alphabet Inc Class A

4.82 25M
Communication Services

Microsoft Corp

3.89 20M
Technology

Amazon.com Inc

3.23 17M
Consumer Cyclical

Broadcom Inc

3.10 16M
Technology

Eli Lilly and Co

2.04 11M
Healthcare

Micron Technology Inc

2.03 11M
Technology

Advanced Micro Devices Inc

1.77 9M
Technology

Sponsor Center