evenfolioETF Details
Horizon Investments·High Yield Bond·FLXN · Cboe BZX
Horizon Flexible Income ETF (FLXN)
- Price
- $23.92
- —30 Oct 2026
- Assets
- $80.5M
- Total net assets
- Expense ratio
- 0.82%
- Category 0.85%
- Yield
- 10.42%
- Trailing distributions
- 1Y return
- 4.0%+2.1%
- Category 1.8%
- 3Y CAGR
- —
- Category 8.3%
- 5Y CAGR
- —
- Category 3.5%
Loading NAV history…
Horizon Flexible Income ETF
Calendar-year returns
Fund only: no comparison series covers this fund's history.
Risk statistics
Five years of daily closes. Risk-free rate 4% a year.
- Standard deviation
- —
- Maximum drawdown
- —
- Sharpe ratio
- —
- Sortino ratio
- —
- Beta
- —
- Alpha
- —
- R²
- —
- Information ratio
- —
- Upside capture
- —
- Downside capture
- —
- Tracking error
- —
| Period | 1M | 3M | 6M | YTD | 1Y | 3YCAGR | 5YCAGR | 10YCAGR | LaunchCAGR |
|---|---|---|---|---|---|---|---|---|---|
| ETF | +0.5% | -0.8% | +0.2% | +2.2% | +4.0% | — | — | — | +5.7% |
| High Yield Bond average | 0.7% | -1.1% | -0.6% | 0.7% | 1.8% | 8.3% | 3.5% | 4.4% | 4.0% |
| Difference | -0.1% | +0.3% | +0.7% | +1.5% | +2.1% | — | — | — | +1.7% |
Holdings
The 3 largest positions make up 99.5% of the fund.
Top holdings
| Ticker | Holding | Weight |
|---|---|---|
| SPHY | State Street® SPDR® Port Hi Yld Bd ETF | 69.46% |
| USHY | iShares Broad USD High Yield Corp Bd ETF | 29.76% |
| FGXXX | First American Government Obligs X | 0.29% |
Portfolio valuation
Weighted averages of what the fund holds.
- P/E
- 24.2
- P/B
- 5.2
- P/S
- 3.6
- P/CF
- 18.7
Sector allocation
Share of the equity the fund holds.
- Technology40.1%
- Financial services11.3%
- Communication services9.9%
- Health care9.4%
- Consumer discretionary8.7%
- Industrials7.6%
- Consumer staples4.4%
- Energy3.4%
- Utilities1.9%
- Real estate1.7%
- Materials1.6%
Asset mix
- Bonds98.7%
- Cash1.0%
- Other0.5%
- Preferred shares0.0%
Credit quality
Share of the bonds by rating.
- AAA0.1%
- AA0.0%
- BBB1.0%
- BB55.1%
- B35.4%
- Below B8.1%
- Other0.4%
ETF details
- Issuer
- Horizon Investments
- Category
- Fixed Income · High Yield Bond
- Ticker
- FLXN
- Exchange
- Cboe BZX
- Inception
- 2 Jul 2025 (1.3 years)
- Structure
- Exchange Traded Fund
- Expense ratio
- 0.82% (category 0.85%)
- Holdings turnover
- 0% (category 74%)
- Distribution yield
- 10.42%
- Beta, 3 years
- 0.00
- Total net assets
- $80.5M
- Average duration
- 6.77 years
- Average maturity
- 9.55 years
Prices and returns as of 30 Oct 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.
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