The funds investment adviser seeks to achieve the funds investment objective by investing in a broadly diversified portfolio of equity securities , while seeking to generate income, hedge volatility and reduce the downside risk of the Equity Portfolio by buying and selling put and call options . Horizon Defined is traded on NASDAQ Exchange in the United States. It is managed by Horizon Investments.
Horizon Defined Risk trades at $88.65, supported by 0.0902% down for the day. HORIZON DEFINED remains within a moderate probability range for potential significant NAV decline, according to predictive risk estimates. Return data over the last 90 trading days classifies HORIZON DEFINED as contained in terms of performance. The performance scores reflect data spanning February 6, 2026 through May 7, 2026. Learn more.
Horizon Defined Risk [HADRX] is traded in USA. The fund is listed under the Options Trading category and is part of the Horizon Investments family. This fund currently has accumulated $967.01 million in assets under management (AUM) with no minimum investment requirements. Horizon Defined Risk is currently producing a year-to-date (YTD) return of 3.26%, while the total return for the last 3 years is 12.7%. HORIZON DEFINED is an operator in the options trading segment where revenue is driven by core operating activity and end-market demand. HORIZON DEFINED financial stability analysis
Instrument Allocation
Mutual Fund Notable Updates
Legal Name
HORIZON DEFINED RISK FUND ADVISOR CLASS
Fund Concentration
Alternative Funds, Options Trading, Horizon Investments, Large Blend, Options Trading, (View all Sectors)
Additional Fund Information
Update Date
31st of March 2026
Expense Ratio Date
29th of March 2026
Fiscal Year End
November
Sector Allocation
Diversifying across sectors in HORIZON DEFINED Mutual Fund helps protect against concentrated downturns. For HORIZON DEFINED Mutual Fund, this broader allocation may lower expected returns as it reduces concentration. Broad sector allocation in HORIZON DEFINED Mutual Fund reduces the probability of large losses. Investors holding HORIZON DEFINED Mutual Fund can assess whether the risk reduction justifies any return compression.
Sector-specific funds including Horizon Defined Risk Mutual Fund provide a cost-efficient method for sector allocation. Sector-focused funds can be a useful diversification tool for calibrating sector weights. Sector concentration monitoring maintains awareness of how much exposure depends on a single industry. Sector concentration awareness identifies when a portfolio has drifted from its intended allocation.
For HORIZON DEFINED, daily indicators reveal whether a price move in the fund's holdings is gaining conviction or fading. The key question is whether short-term signals align with the fund manager's longer-term strategy and stated investment approach. The strongest signals appear when volume, momentum, and relative strength readings all point in the same direction.
Forecast models for HORIZON DEFINED, which returned 14.8% over one year, use historical NAV data to estimate how the fund may perform under similar conditions. At 0.0% yield, HORIZON DEFINED's regression-based models capture NAV drift and trend but may underperform during manager turnover or style shifts. A five-year return of 8.5% for HORIZON DEFINED: shareholders should weight forecast outputs by how closely current conditions match the historical sample.
Holdings composition and factor tilts shape how HORIZON DEFINED behaves across cycles. The current allocation is approximately 94.0% equities and 6.0% cash. It is classified under Options Trading within the Horizon Investments family. Price movements may be comparatively less responsive to macroeconomic volatility.
Methodology
Unless otherwise specified, data for Horizon Defined Risk is derived from fund disclosures (prospectus language, holdings reports, and periodic statements where available). Asset-level metrics are computed daily by Macroaxis LLC and refreshed regularly based on instrument type. Horizon Defined Risk market data and reported NAV may reflect delayed updates. Data may be delayed depending on reporting sources and market conventions. All analytics presented are generated using Macroaxis quantitative models that incorporate financial statement analysis, market data, and risk metrics to ensure consistency and comparability. Assumptions: Information for Horizon Defined Risk is compiled from public fund disclosures, holdings reports, and market data feeds and official sources including U.S. Securities and Exchange Commission (SEC) via EDGAR. Reporting latency may occur in some cases. All analytics are generated using standardized, rules-based models designed to promote consistency and comparability across instruments. Model assumptions, reference parameters, and selected computational inputs are available in the Model Inputs section. If you have questions about our data sources or methodology, please contact Macroaxis Support.
Research Sources
Horizon Defined Risk may have reference inputs that incorporate holdings disclosures, category classification, and NAV-derived statistics where available. Updates may occur throughout the day.
Editorial review and methodology oversight provided by: Gabriel Shpitalnik, Member of Macroaxis Editorial Board