---
ticker: "SFTX"
name: "Horizon International Managed Risk ETF"
url: "https://etf.net/etf/SFTX"
grade: "C"
score: 40
graded_at: "2026-10-12"
category: "International Active Equity"
category_rank: "41 of 57"
methodology: "https://etf.net/methodology"
---

# SFTX: Horizon International Managed Risk ETF

Grade **C**, Score 40 of 100. Rank 41 of 57 in International Active Equity.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 23 | 44 of 57 |
| Mission | Not scored | — |
| Risk | 48 | 37 of 57 |
| Tradability | 61 | 19 of 57 |
| Holdings | Not scored | — |
| Durability | 59 | 26 of 57 |

## Top holdings

The fund holds 291 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Taiwan Semiconductor Manufacturing Co Ltd | 4.40% |
| 2 | — | ASML Holding NV | 2.95% |
| 3 | — | Samsung Electronics Co Ltd | 2.70% |
| 4 | — | Shell PLC | 2.67% |
| 5 | — | Roche Holding AG | 1.96% |
| 6 | — | SK hynix Inc | 1.81% |
| 7 | — | Total SE | 1.58% |
| 8 | — | Banco Bilbao Vizcaya | 1.33% |
| 9 | — | Hitachi Ltd | 1.28% |
| 10 | — | Advantest Corp | 1.26% |
| 11 | — | Sap SE | 1.21% |
| 12 | — | Recruit Holdings Co Ltd | 1.14% |
| 13 | — | Shopify Inc | 1.03% |
| 14 | — | Canadian Nat Res Ltd | 0.99% |
| 15 | — | Bp PLC | 0.98% |
| 16 | — | Agnico Eagle Mines Ltd | 0.94% |
| 17 | — | Rio Tinto PLC | 0.92% |
| 18 | — | Siemens AG | 0.91% |
| 19 | — | Sony Group Corp | 0.90% |
| 20 | — | Schneider Electric SE | 0.89% |
| 21 | — | Suncor Energy Inc | 0.86% |
| 22 | — | Kioxia Holdings Corp | 0.77% |
| 23 | — | UBS Group AG | 0.75% |
| 24 | — | Barrick Mining Corp | 0.72% |
| 25 | — | Investor AB | 0.72% |
| 26 | INDA | iShares MSCI India ETF | 0.63% |
| 27 | — | SK Square Co Ltd | 0.62% |
| 28 | — | China Construction Bank Corp | 0.62% |
| 29 | — | Keyence Corp | 0.60% |
| 30 | — | Manulife Financial Corp | 0.60% |

Source: etf.net, https://etf.net/etf/SFTX. Please cite the page URL.