Horizon Active Risk Assist Fund Class A (ARAAX)

Fund Assets	1.41B
Expense Ratio	1.441%
Min. Investment	$2,500
Turnover	66.00%
Dividend (ttm)	0.15
Dividend Yield	0.56%
Dividend Growth	10.07%
Payout Frequency	Annual
Ex-Dividend Date	Dec 23, 2025

Previous Close	27.08
YTD Return	7.96%
1-Year Return	8.68%
5-Year Return	32.61%
52-Week Low	23.60
52-Week High	28.55
Beta (5Y)	0.73
Holdings	115
Inception Date	Sep 4, 2015

About ARAAX

The Horizon Active Risk Assist Fund Advisor Class is a mutual fund designed to provide global equity exposure while actively managing downside risk. Its primary purpose is to capture the majority of returns associated with equity markets through a multi-disciplined asset allocation strategy, primarily implemented using exchange-traded funds. What distinguishes this fund is the integration of Horizon’s proprietary Risk Assist® overlay, a risk mitigation approach that dynamically adjusts the portfolio in response to abnormal market volatility. When market conditions become turbulent and traditional diversification may falter, the strategy reallocates assets from equities into defensive holdings such as U.S. Treasury-related securities in stages. This process is run daily and is not intended to time markets, but rather to help mitigate large drawdowns without sacrificing the potential for upside during normal market conditions. This fund plays a significant role for investors seeking exposure to global equities with an added layer of systematic risk management, making it a tactical choice within the broader landscape of alternative and tactical allocation funds.

• Fund Family: Horizon Investments
• Category: Tactical Allocation
• Performance Rating: Above Average
• Risk Rating: Above Average
• Stock Exchange: Nasdaq
• Ticker Symbol: ARAAX
• Share Class: Advisor Class
• Index: S&P 500 TR

Performance

ARAAX had a total return of 8.68% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.08%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
ACRIX	Institutional Class	1.15%
ARANX	Investor Class	1.25%

Top 10 Holdings

87.89% of assets

Name	Symbol	Weight
State Street SPDR Portfolio S&P 500 Growth ETF	SPYG	23.65%
State Street SPDR Portfolio Developed World ex-US ETF	SPDW	14.60%
iShares Core MSCI International Developed Markets ETF	IDEV	11.35%
State Street SPDR Portfolio Emerging Markets ETF	SPEM	10.68%
Invesco S&P 500 Equal Weight ETF	RSP	8.01%
State Street SPDR Portfolio S&P 500 Value ETF	SPYV	5.88%
iShares MSCI USA Min Vol Factor ETF	USMV	4.83%
iShares MSCI USA Quality Factor ETF	QUAL	4.06%
iShares MSCI All Country Asia ex Japan ETF	AAXJ	3.19%
NVIDIA Corporation	NVDA	1.64%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 23, 2025	$2.26805	Dec 23, 2025
Dec 19, 2024	$2.48124	Dec 19, 2024
Dec 21, 2023	$0.12273	Dec 21, 2023
Dec 22, 2022	$0.10244	Dec 22, 2022
Dec 27, 2021	$2.04588	Dec 27, 2021
Dec 21, 2020	$0.07327	Dec 21, 2020

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Nov 3, 2026

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