Key stats
About Horizon Expedition Plus ETF
Home page
Inception date
Jan 22, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Horizon Investments LLC
Distributor
Quasar Distributors LLC
ISIN
US44053A6304
HBTA is designed to provide exposure to US companies in the large-cap spectrum while utilizing an options strategy to generate total return. It targets equity securities with an aggressive tilt based on the highest projected return and above average levels of market risk. The fund employs a flexible approach, combining active management and quantitative models, to select and weight its constituents. It also uses strategic portfolio positioning, which results in higher overall volatility in comparison to the large-cap equity market space. The funds option strategy involves buying and selling put and call options directly on and indirectly through ETFs of broad-based securities indices. It will also engage in put-spread transactions and other options combinations, such as spreads, straddles and collars.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Finance
Stocks92.31%
Electronic Technology27.30%
Technology Services20.89%
Finance11.77%
Retail Trade8.96%
Health Technology4.46%
Producer Manufacturing3.44%
Consumer Services2.80%
Consumer Durables2.74%
Consumer Non-Durables1.52%
Energy Minerals1.51%
Transportation1.16%
Utilities1.06%
Non-Energy Minerals0.81%
Industrial Services0.79%
Communications0.76%
Process Industries0.72%
Commercial Services0.70%
Distribution Services0.47%
Health Services0.22%
Bonds, Cash & Other7.69%
ETF7.15%
Mutual fund0.48%
Cash0.31%
Rights & Warrants−0.24%
Stock breakdown by region
North America98.30%
Europe1.70%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
HBTA invests in stocks. The fund's major sectors are Electronic Technology, with 27.37% stocks, and Technology Services, with 20.94% of the basket. The assets are mostly located in the North America region.
HBTA top holdings are NVIDIA Corporation and Microsoft Corporation, occupying 9.26% and 7.32% of the portfolio correspondingly.
HBTA assets under management is 111.98 M USD. It's risen 18.06% over the last month.
HBTA fund flows account for 99.10 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, HBTA doesn't pay dividends to its holders.
HBTA shares are issued by ACP Horizon Holdings LP under the brand Horizons. The ETF was launched on Jan 22, 2025, and its management style is Active.
HBTA expense ratio is 0.85% meaning you'd have to pay 0.85% of your investment to help manage the fund.
HBTA follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
HBTA invests in stocks.
HBTA trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.