YNOT
Horizon Digital Frontier ETF
Horizon Digital Frontier ETF seeks to provide long-term capital appreciation by investing in a diversified portfolio of companies involved in the digital economy, including those focused on innovative technologies and digital transformation.
Global
EQUITY
Active
MANAGEMENT STYLE
$ 178.1 M
ASSETS UNDER MGMT
75 bp
EXPENSES
Fund Basics
| Inception date | Jul 09, 2025 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| ISHARES MSCI TAIWAN ETF | 8.7 % |
| NVIDIA CORP | 6.1 % |
| TESLA MOTORS INC | 4.6 % |
| ADVANCED MICRO DEVICES | 3.9 % |
| ALPHABET INC. CLASS C | 3.1 % |
| ISHARES MSCI SOUTH KOREA ETF | 2.8 % |
| AMAZON.COM INC | 2.6 % |
| JACOBS SOLUTIONS INC. | 2.3 % |
| ASML HOLDING NV-NY REG SHS | 2.1 % |
| GEN DIGITAL INC | 2.1 % |
Constituent Breakdown
| Number of holdings | 100 |
| Herfindahl-Hirschman Index | 259 |
| Wgt avg mkt cap (mns) | $785,400 |
| Large cap (>$10bn) | 77.8% |
| Mid cap ($2-10bn) | 2.8% |
| Small cap (<$2bn) | 0.2% |
| Developed mkts. | 84.6% |
| Emerging mkts. | 1.6% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 68.7 % |
 |
NETHERLANDS | 2.9 % |
 |
BRITAIN | 1.4 % |
 |
IRELAND | 1.3 % |
 |
GERMANY | 1.2 % |
 |
FRANCE | 1.0 % |
 |
CANADA | 1.0 % |
 |
JAPAN | 0.9 % |
 |
SWITZERLAND | 0.9 % |
 |
AUSTRALIA | 0.8 % |
Historical Performance
Standardized Performance (as of 09/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 18.7% | 17.7% | -- | -- | -- | -- | -- | 26.1% |
| Dividend Yield | 0.0% | 0.0% | -- | -- | -- | -- | -- | 0.0% |
| Total Returns | 18.7% | 17.7% | -- | -- | -- | -- | -- | 26.1% | Ann. Volatility | 27.8% | 26.8% | -- | -- | -- | -- | -- | 25.1% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.83 | 78% |
| MSCI EAFE | 1.22 | 52% |
| MSCI Emg Mkts | 0.91 | 74% |
Liquidity Measures
| Avg. volume (000) | 39 |
| ADV traded (mns) | $1 |
| Turnover | 0.6% |
| Avg. Bid/Ask (% of price) | 0.17% |
Technical Indicators
| 30d moving avg. (EMA) | $31.74 |
| Relative strength (RSI) | 41 |
| MACD/Signal | -0.81/-0.62 |
| Bollinger Bands (Upper/Lower) | $34.40/$28.79 |
| Short interest (% of AUM) | 0.1% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. YNOT |
Expenses vs. YNOT |
ALTAR Score™ vs. YNOT |
|---|---|---|---|---|
| QQQM | Invesco NASDAQ 100 ETF | 37.6% | -60 bp | +0.8% |
| QQQ | Invesco QQQ Trust Series I | 37.6% | -57 bp | +0.8% |
| NYSX | Global X NYSE 100 ETF | 37.5% | -66 bp | +0.8% |
| QQWZ | Pacer Cash COWZ 100-Nasdaq100 Rotator ETF | 37.1% | -26 bp | +0.4% |
| QNDX | State Street SPDR Portfolio Nasdaq 100 ETF | 36.5% | -65 bp | +0.7% |
| QQMG | Invesco ESG NASDAQ 100 ETF | 36.5% | -55 bp | +1.0% |
| GGUS | Marketbeta Russell 1000 Growth Equity ETF | 36.5% | -63 bp | +0.9% |
| IQQ | iShares Nasdaq 100 ETF | 36.0% | -63 bp | +0.8% |
| QTOP | iShares Nasdaq Top 30 Stocks ETF | 34.2% | -55 bp | +0.3% |
| IGM | iShares Expanded Tech Sector ETF | 34.1% | -38 bp | +0.5% |
Risk and Returns: YNOT vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/6/2026
Peer Group Comparison
Sample data. Subscribe for access.
Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
4.4%
ALTAR SCORE™
44th
PERCENTILE
NEUTRAL
ETFRC RATING
There are 746 funds in the Global Equity category with an average
ALTAR Score™ of 4.8% and a standard deviation
of 2.6%. YNOT's ALTAR Score™ is approximately -0.2 standard
deviations above the category average. This places YNOT in the 44th percentile
among funds in the category.
Sell-Side Consensus
$39.52
PRICE TARGET
+48.5%
UPSIDE