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Launched

Horizon Small/Mid Cap Core Equity ETF

SMOXNYSE ArcaHorizon FundsC

$29.11+0.23 (+0.78%)

As of Nov 2, 2026, 3:46 PM ET

C44/ 100

Rank 26 of 47 in US Active Small/Mid-Cap

C44/100Rank 26 of 47inUS Active Small/Mid-Cap
Intraday session: up, 70 prints from 28.89 to 29.11. Range 28.89 to 29.37. Use the arrow keys to read each point.29.0029.2029.3010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$162M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
284
Avg volume · 30D
45.3K sh
52W range
low $25.05high $31.72
Launched

The ETF.net SMOX Grade

C

Score 44 out of 100

Category
US Active Small/Mid-Cap⁠
Rank
26 of 47
Six-pillar profile for SMOX. Scores out of 100: Cost 22, Risk 63, Mission 100, Tradability 51, Holdings 70, Durability 49. Strongest: Mission (100). Weakest: Cost (22). Leans toward Mission.

Score 44 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.
    F22 out of 100
    Rank 34 of 47

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 11

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B63 out of 100
    Rank 14 of 44

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C51 out of 100
    Rank 22 of 47

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A70 out of 100
    Rank 15 of 47

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C49 out of 100
    Rank 25 of 47

Our read on SMOX

ETF.net Research

In short

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

  • Goes 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.
  • Runs on both judgment and machines: active management combined with quantitative models, rather than committing to one lane.
  • Holds roughly 300 stocks, so no single small-cap stumble drives the outcome. That breadth is a real strength versus concentrated active funds.
  • Lands 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

  • Charges 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.
  • Launched December 2025, so there's no multi-year record yet to show how the models behave across a full market cycle.
  • Trades thinly, which usually means wider bid-ask spreads than the household names in the category. Distributions come annually or semiannually, not monthly.

SMOX 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.
SMOX$11,487
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,169
Dec 31, 2025 to Oct 30, 2026. SMOX $11,487. SPY $11,169. Use the arrow keys to read each point.$10,000$11,000$12,000Dec 2025Jun 2026Oct 2026

Dec 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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+14.9%
1 month+0.7%
3 months−4.0%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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+14.9%
20250.0%

History from Dec 4, 2025

SMOX in the news

SMOX Dividends

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

Risk pillarB63 out of 100Rank 14 of 44 in US Active Small/Mid-Cap
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.

FMP measures it over up to five years of monthly returns.

SMOX Cost

Compare SMOX and AVMC

Overpaying vs AVMC, cheapest in US Active Small/Mid-Cap

$10,733

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • SMOX 0.75%

    $14,482

  • AVMC 0.18% Cheapest

    $3,749

$10,000
30 years

Cost over time

  • SMOX 0.75%
  • AVMC 0.18%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530SMOX $14,482AVMC $3,749

Year by year

YearSMOXAVMCOverpaying
10$1,336$328$1,008
20$5,078$1,281$3,797
30$14,482$3,749$10,733

Other funds in US Active Small/Mid-Cap

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