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SMOX

GradeCNew York Stock Exchange Arca

Horizon Small/Mid Cap Core Equity ETF

Active Equity · Horizon Funds · Inception 2025-12-02

$29.14−0.13 (−0.46%)

As of Sep 23, 2026, 1:40 PM EDT

History starts Dec 4, 2025.History starts Dec 4, 2025.
Intraday session: down, 16 prints from 29.27 to 29.14. Range 29.08 to 29.33. Use the arrow keys to read each point.$29.10$29.20$29.3010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$146M
1Y return
—
Yield · Last 12 months
Data unavailable
Holdings
289
Volume · 30D
0M sh
NAV per share
$29.18
52W range
low $25.05high $31.72

The ETF.net SMOX Grade

C

48/ 100

Rank 25 of 48 in US Active Small/Mid-Cap⁠

Confidence High

Six-pillar profile for SMOX. Scores out of 100: Cost 26, Risk 71, Mission 100, Tradability 56, Holdings 72, Durability 50. Strongest: Mission (100). Weakest: Cost (26). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 48 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    DScore 26
    Category rank38/48 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 100
    Category rank2/11 · top 18%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    AScore 71
    Category rank7/44 · top 16%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 56
    Category rank18/48 · top 38%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 72
    Category rank14/48 · top 29%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 50
    Category rank25/48 · mid-pack

Graded as of Sep 22, 2026

Our read on SMOX

ETF.net Research

CHorizon's December 2025 launch pairs human managers with quant models and aims them at US small and mid caps, a corner most of its actively managed US equity peers skip in favor of large-cap core.

Stated mandate

The fund seeks capital appreciation through a combination of active management and quantitative models while investing in U.S. small- and mid-cap equities.

Why people hold it

  1. 01Goes down the cap ladder to US small and mid caps while the top-scoring funds in its active US equity cohort (DFAU, FELC, AVLC) all sit in large-cap core.
  2. 02Runs on both judgment and machines: active management combined with quantitative models, rather than committing to one lane.
  3. 03Holds roughly 300 stocks, so no single small-cap stumble drives the outcome. That breadth is a real strength versus concentrated active funds.
  4. 04Lands in the upper half of a crowded active US equity peer group despite being brand new, helped by diversification and a contained risk profile.

Worth knowing

  1. 01Charges 0.75% a year, above the 0.65% median for active US equity funds and several times the 0.12% to 0.26% the cohort's top names charge.
  2. 02Launched December 2025, so there's no multi-year record yet to show how the models behave across a full market cycle.
  3. 03Trades thinly, which usually means wider bid-ask spreads than the household names in the category. Distributions come annually or semiannually, not monthly.

SMOX Holdings

As of Sep 20, 2026, 8:30 AM
Asset class
Stocks
Holdings
289
Top-10 weight
11%
Largest holding
SNX1.3%

Sectors

  • Industrials20.8%
  • Financials15.8%
  • Technology13.9%
  • Health Care10.9%
  • Consumer Discr.9.6%
  • Energy7.9%
  • Real Estate7.8%
  • Materials5.5%
  • Cons. Staples4.3%
  • Communication2.4%
  • Utilities1.1%

Geography

  • United States96.96%
  • United Kingdom1.27%
  • Bermuda1.10%
  • Ireland0.48%
  • Puerto Rico0.19%
The fund’s holdings, weight-ordered — page 1 of 20.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001SNXTD SYNNEX Corp1.34%7,376$2M230
002TWLOTwilio Inc1.33%7,959$2M271
003ATIATI Inc1.16%8,865$2M225
004THCTenet Healthcare Corp1.10%6,151$2M216
005RSReliance Inc1.05%3,942$2M233
006OKTAOkta Inc1.05%8,383$2M245
007FTITechnipFMC PLC1.02%20,767$1M268
008UTHRUnited Therapeutics Corp1.00%2,955$1M271
009MTSIMACOM Technology Solutions Holdings Inc1.00%5,280$1M203
010DINOHF Sinclair Corp0.99%12,485$1M232
011ROKURoku Inc0.96%9,163$1M158
012NVTnVent Electric PLC0.92%8,481$1M252
013MLIMueller Industries Inc0.86%20,868$1M215
014EWBCEast West Bancorp Inc0.86%9,860$1M192
015OVVOvintiv Inc0.85%19,957$1M183

Showing 1–15 of 290 holdings

SMOX Performance

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

SMOX$11,666
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,430
Dec 31, 2025 to Sep 22, 2026. SMOX $11,666. SPY $11,430. Use the arrow keys to read each point.$9,042$10,863$12,685Dec 2025May 2026Sep 2026

Dec 31, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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 SMOX. Periods over one year show the average yearly return.
PeriodSMOX
Year to date+16.7%
1 month−3.8%
3 months−3.0%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per 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 SMOX
YearReturn barSMOX
2026 YTD+16.7%
2025−0.0%

History from Dec 4, 2025

SMOX in the news

ETF.net Research hasn’t filed on SMOX yet — coverage lands here as it’s written.

SMOX Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.02 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 $0.02. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 24, 2025Dec 26, 2025$0.02

SMOX 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.
0.55
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.

SMOX Cost

Expense ratio0.75%
  • The middle half of US Active Small/Mid-Cap funds
  • Median 0.55%

32 of the 47 US Active Small/Mid-Cap funds charge less.

SMOX costs $75.00 a year on $10,000. The median US Active Small/Mid-Cap fund costs $55.00.