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Horizon Flexible Income ETF

Horizon Flexible Income ETF

FLXN

BATS
$24.740.24% (-0.06)
High
Low
Returns
1D
1W
1M
1Y
5Y
Max
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1D
1W
1M
1Y
5Y
Max

US ETF

High Yield Bond

Corporate Bond ETF

Invests in high yield bond segment

Key Metrics

Key Metrics

Expense Ratio
Expense Ratio

The operating and administrative costs of running the fund measured as the percentage of fund assets

AUM
AUM

Current market value of the ETF scheme managed by the Asset Management Company

$82.28M
Beta
Beta

Sensitivity of the stock's price relative to the country's key indices over the last 5 years

0
Volatility (3Y)
Volatility (3Y)

The annualized standard deviation of the ETF's returns calculated over the last 3 years

0%
PE
PE

Ratio of price to the prospective earnings of the ETF's underlyings

20.15
PE Category
PE Category

Ratio of price to the prospective earnings of the holdings of ETFs from the same category

12.96

ETF Profile

Peers

Peers

Exp. Ratio
0.08%
0.08%
PE
1Y Return
1.54%
1.54%
Exp. Ratio
0.49%
0.49%
PE
1Y Return
1.2%
1.2%
Exp. Ratio
0.05%
0.05%
PE
22.43
22.43
1Y Return
1.67%
1.67%
Exp. Ratio
0.3%
0.3%
PE
1Y Return
1.64%
1.64%
Exp. Ratio
0.4%
0.4%
PE
12.22
12.22
1Y Return
1.28%
1.28%

Peers & Comparison

Peers & Comparison

Comparing 2 ETFs from
ETFHigh Yield Bond
ETFTotal AUMTotal AUMExp. RatioExp. Ratio1Y Return1Y Return
Horizon Flexible Income ETF $82.28M--2.63%
iShares Broad USD High Yield Corporate Bond ETF$28.54B0.08%-1.54%
iShares iBoxx $ High Yield Corporate Bond ETF$15.39B0.49%-1.20%

Price Comparison

Price Comparison

1 Month

1 Year

5 Years

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Top Holdings

Top Holdings

  • Name
    Holdings
  • SPDR ICE BofAML Broad High Yield Bond ETF
    Holdings69.21 %
    SPDR ICE BofAML Broad High Yield Bond ETF
    CJNK

    Holdings

    69.21 %

  • iShares Broad USD High Yield Corporate Bond ETF
    Holdings29.64 %
    iShares Broad USD High Yield Corporate Bond ETF
    USHY

    Holdings

    29.64 %

  • First American Funds Inc. - Government Obligations Fund
    Holdings0.51 %
    First American Funds Inc. - Government Obligations Fund
    FGXXX

    Holdings

    0.51 %

Frequently asked questions

Frequently asked questions

  1. Horizon Flexible Income ETF (FLXN) is currently trading at $24.74. You can also track daily change, historical performance, trading volume and other key ETF details on this page.

  2. Indian investors can buy Horizon Flexible Income ETF (FLXN) by opening a US investing account through a platform that provides access to US stocks and ETFs, completing the required verification, transferring funds under the Liberalised Remittance Scheme (LRS), and placing an order in USD.

  3. Yes, Indian residents and NRIs can invest in Horizon Flexible Income ETF (FLXN) through platforms that offer access to US-listed stocks and ETFs, subject to applicable regulations, including RBI’s Liberalised Remittance Scheme (LRS) guidelines.

  4. The expense ratio of Horizon Flexible Income ETF (FLXN) is N/A. It represents the annual operating cost charged by the ETF provider for managing the fund and tracking its underlying index.

  5. Horizon Flexible Income ETF (FLXN)’s top holdings currently include SPDR ICE BofAML Broad High Yield Bond ETF, iShares Broad USD High Yield Corporate Bond ETF, and First American Funds Inc. - Government Obligations Fund. The ETF’s complete holdings list, allocation and sector exposure are available in the Holdings section on this page.

  6. Many platforms offering US ETF investing allow fractional investing, enabling Indian investors to buy a portion of Horizon Flexible Income ETF (FLXN) instead of a full share. This allows investment based on a fixed dollar amount.

  7. Gains from Horizon Flexible Income ETF (FLXN) are generally taxed in India based on the applicable holding period and tax rules. Dividends may be subject to US withholding tax and Indian taxation rules. The final tax treatment depends on individual circumstances.

  8. Remittances under the Liberalised Remittance Scheme (LRS) for overseas investments, including US ETFs like Horizon Flexible Income ETF (FLXN), may attract TCS above specified thresholds. Applicable rates and limits are determined by government regulations and may change over time.

  9. Horizon Flexible Income ETF (FLXN)’s current assets under management (AUM) are $82.28M. AUM represents the total market value of assets managed by the ETF and indicates the size of the fund.

  10. Horizon Flexible Income ETF (FLXN)’s price-to-earnings (P/E) ratio is 20.15. It represents the weighted valuation of the companies held within the ETF relative to their earnings.

  11. You can compare Horizon Flexible Income ETF (FLXN) with iShares Broad USD High Yield Corporate Bond ETF (USHY), iShares iBoxx $ High Yield Corporate Bond ETF (HYG), and SPDR Portfolio High Yield Bond (SPHY) based on metrics such as expense ratio, AUM, P/E ratio, holdings, liquidity and historical returns in the Peers & Comparison section.

  12. Horizon Flexible Income ETF (FLXN)’s NAV represents the per-unit value of the ETF’s underlying holdings after adjusting for expenses and liabilities. It is calculated once daily after markets close and may differ from the ETF’s live market price.

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