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Launched

Horizon International Managed Risk ETF

SFTXNYSE ArcaC

$30.73+0.04 (+0.13%)

As of Oct 13, 2026, 3:59 PM

C40/ 100

Rank 41 of 57 in International Active Equity

C40/100Rank 41 of 57inInternational Active Equity
Intraday session: up, 32 prints from 30.69 to 30.73. Range 30.62 to 30.75. Use the arrow keys to read each point.30.6330.6530.6830.7510 AM12 PM2 PM4 PM
Expense ratio
0.82%
Fund size
$778M
1Y total return
—
Yield · Last 12 months
Data unavailable
Holdings
291
Avg volume · 30D
0.1M sh
NAV per share
$30.73
52W range
low $25.04high $32.97
Launched

The ETF.net SFTX Grade

Based on 4 of 6 pillars

C

Score 40 out of 100

Category
International Active Equity⁠
Rank
41 of 57
Six-pillar profile for SFTX. Scores out of 100: Cost 23, Risk 48, Mission not scored, Tradability 61, Holdings not scored, Durability 59. Strongest: Tradability (61). Weakest: Cost (23). Based on 4 of 6 pillars.

Score 40 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F23 out of 100
    Rank 44 of 57

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C48 out of 100
    Rank 37 of 57

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B61 out of 100
    Rank 19 of 57

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B59 out of 100
    Rank 26 of 57

Our read on SFTX

ETF.net Research

CAn international stock fund with a brake pedal. Horizon's Risk Assist strategy watches volatility and can pull the portfolio into Treasuries or cash equivalents, up to entirely, instead of riding a selloff all the way down.

Stated mandate

Seeks total return from developed- and emerging-market equity securities while systematically adjusting exposure to limit downside risk. Its Risk Assist framework can reallocate part of the portfolio to U.S. Treasury securities or cash equivalents during market volatility.

Why people hold it

  1. 01The de-risking is built into the mandate, not left to you. Risk Assist monitors volatility and falling global equity values and can shift assets to Treasuries or cash equivalents.horizonmutualfunds.com
  2. 02Wide net abroad: roughly 200 holdings spanning developed and emerging markets, reached directly or through ADRs and other ETFs.horizonmutualfunds.com
  3. 03It did not launch as a shell. The 2025 debut came with real size and moderate daily volume, so it trades like an established ticker rather than a thin one.

Worth knowing

  1. 01Downside management costs money: 0.82% a year, above the typical actively managed international fund. Pacer's PTIN runs a rules-based trend overlay for 0.02%.
  2. 02The brake works both ways. The prospectus notes the fund can sit primarily or entirely in cash equivalents, and that Risk Assist carries no guarantee against losses.horizonmutualfunds.com
  3. 03Young ETF, thin evidence. It launched in December 2025, so there is little live history showing how the strategy behaves across a full market cycle.

SFTX Holdings

As of Oct 13, 2026
Asset class
Stocks
Holdings
291
Top-10 weight
22%
Largest holding
Taiwan Semiconductor Manufacturing Co Ltd4.4%

Sectors

  • Technology23.8%
  • Financials19.4%
  • Industrials12.5%
  • Energy11.2%
  • Materials10.1%
  • Health Care7.4%
  • Consumer Discretionary6.3%
  • Communication4.0%
  • Consumer Staples4.0%
  • Utilities0.8%
  • Real Estate0.5%

Geography

  • United States42.79%
  • Ireland28.82%
  • Israel11.79%
  • Peru8.30%
  • United Kingdom8.30%
The fund’s holdings, weight-ordered — page 1 of 20.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Taiwan Semiconductor Manufacturing Co Ltd4.40%430,191$34M2
002—ASML Holding NV2.95%13,011$23M2
003—Samsung Electronics Co Ltd2.70%115,915$21M3
004—Shell PLC2.67%408,373$21M2
005—Roche Holding AG1.96%35,129$15M3
006—SK hynix Inc1.81%11,660$14M6
007—Total SE1.58%139,425$12M2
008—Banco Bilbao Vizcaya1.33%400,485$10M2
009—Hitachi Ltd1.28%278,100$10M2
010—Advantest Corp1.26%37,400$10M4
011—Sap SE1.21%43,213$9M5
012—Recruit Holdings Co Ltd1.14%78,700$9M2
013—Shopify Inc1.03%46,959$8M2
014—Canadian Nat Res Ltd0.99%155,157$8M3
015—Bp PLC0.98%976,721$8M7

Showing 1–15 of 291 holdings

SFTX Performance

Launched Dec 2, 2025

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
SFTX$11,980
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,500
Dec 31, 2025 to Oct 12, 2026. SFTX $11,980. SPY $11,500. Use the arrow keys to read each point.$9,045$10,847$12,649Dec 2025May 2026Oct 2026

Dec 31, 2025 – Oct 12, 2026

Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for SFTX. Periods over one year show the average yearly return.
PeriodSFTX
Year to date+19.8%
1 month−2.4%
3 months+0.1%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper year—

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for SFTX
YearReturn barSFTX
2026 YTD+19.8%
2025+1.7%

History from Dec 4, 2025

SFTX in the news

Filtered to SFTX · International Active Equity

SFTX Dividends

Last payment
$0.06 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 24, 2025 $0.06. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 24, 2025Dec 26, 2025$0.06

SFTX Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Dec 2025; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Dec 2025; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Dec 2025; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.09
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

SFTX Cost

Expense ratio0.82%
  • The middle half of International Active Equity funds
  • Median 0.59%

41 of the 55 International Active Equity funds charge less.

SFTX costs $82.00 a year on $10,000. The median International Active Equity fund costs $59.00.

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