SMOX - ETF AI Analysis
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Horizon Small/Mid Cap Core Equity ETF (SMOX)
Rating:73Outperform
Price Target:―
Positive Factors
Strong Top Holdings Performance
Several of the largest positions, such as TechnipFMC, Permian Resources, and Casey's General, have shown strong gains this year, helping support the fund’s overall results.
Broad Sector Diversification
The ETF spreads its investments across many sectors, including industrials, financials, technology, health care, and energy, which helps reduce the impact if any one industry struggles.
Focused Small/Mid-Cap Exposure
By targeting small and mid-sized U.S. companies, the fund offers access to a part of the market that can provide higher growth potential than large, established firms.
Negative Factors
Higher Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, which means more of the returns are used to cover fees instead of going to investors.
Recent Short-Term Weakness
The ETF has experienced a weak recent month and includes at least one notable lagging holding, which may signal some short-term volatility or loss of momentum.
Heavy U.S. Concentration
With almost all assets invested in U.S. companies and very little exposure to other countries, the fund is highly sensitive to the U.S. economy and market conditions.
SMOX vs. SPDR S&P 500 ETF (SPY)
AUM55.08M
RegionNorth America
Expense Ratio0.75%
Beta0.90
IssuerHorizons
Inception DateDec 02, 2025
Dividend Yield0.07%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume5,315
30 Day Avg. Volume4,692
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
30.58Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering285
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SMOX Summary
The Horizon Small/Mid Cap Core Equity ETF (SMOX) invests mainly in smaller and mid-sized U.S. companies, aiming to tap into their growth potential. It doesn’t track a set index, but is actively managed and spreads money across many sectors, including industrials, financials, and technology. Well-known names in the fund include Casey’s General and Alcoa. An investor might choose SMOX to diversify beyond large, well-known stocks and seek higher long-term growth from up-and-coming businesses. A key risk is that smaller companies can be more volatile, so the ETF’s price can move up and down more than the overall market.
How much will it cost me?The Horizon Small/Mid Cap Core Equity ETF (SMOX) has an expense ratio of 0.75%, which means you’ll pay $7.50 per year for every $1,000 invested. This is higher than the average for ETFs because it is actively managed, meaning professional managers make investment decisions rather than simply tracking an index.
What would affect this ETF?The Horizon Small/Mid Cap Core Equity ETF (SMOX) could benefit from a strong U.S. economy, as small and mid-cap companies often thrive during periods of economic growth and innovation, particularly in sectors like technology and industrials, which have significant weight in the fund. However, rising interest rates or economic slowdowns could negatively impact these smaller companies, as they may face higher borrowing costs and reduced consumer spending. Additionally, sector-specific challenges, such as regulatory changes in healthcare or volatility in energy prices, could also affect the ETF's performance.
SMOX Top 10 Holdings
SMOX is leaning into U.S. small and mid-caps with an industrial and energy tilt, and a handful of standout names are doing the heavy lifting. TechnipFMC and Permian Resources are powering ahead, giving the fund a nice boost from the energy patch, while United Therapeutics adds a rising health care growth story to the mix. On the flip side, Tenet Healthcare has been lagging lately, acting as a bit of a speed bump, and Coherent’s recent wobble shows that tech exposure here can be bumpy even as longer-term trends stay supportive.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| TechnipFMC | 1.40% | $756.40K | $29.29B | 215.83% | 80 Outperform | |
| Casey's General | 1.36% | $731.74K | $27.42B | 78.11% | 68 Neutral | |
| Curtiss-Wright | 1.24% | $670.47K | $25.80B | 139.08% | 74 Outperform | |
| United Therapeutics | 1.23% | $663.53K | $24.79B | 102.26% | 79 Outperform | |
| Coherent Corp | 1.20% | $647.39K | $47.83B | 396.40% | 66 Neutral | |
| Tenet Healthcare | 1.12% | $606.90K | $16.92B | 62.83% | 74 Outperform | |
| Woodward | 1.00% | $537.40K | $22.37B | 138.19% | 79 Outperform | |
| US Foods Holding | 0.91% | $489.79K | $19.71B | 47.75% | 74 Outperform | |
| Permian Resources | 0.89% | $481.73K | $18.54B | 106.47% | 81 Outperform | |
| Alcoa | 0.88% | $473.41K | $19.25B | 223.26% | 76 Outperform |
SMOX Technical Analysis
Positive
―
Price Trends
27.02
Positive
Market Momentum
-0.01
Negative
56.42
Neutral
58.19
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SMOX, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 26.56, equal to the 50-day MA of 27.02, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 56.42 is Neutral, neither overbought nor oversold. The STOCH value of 58.19 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SMOX.
SMOX Peer Comparison
Comparison Results
Performance Comparison
SMOX
Horizon Small/Mid Cap Core Equity ETF
27.21
2.05
8.15%
OASC
OneAscent Small Cap Core ETF
―
―
―
ASCE
Allspring SMID Core ETF
―
―
―
HSMV
First Trust Horizon Managed Volatility Small/Mid ETF
―
―
―
MYLD
Cambria Micro and SmallCap Shareholder Yield ETF
―
―
―
BCSM
Baron SMID Cap ETF
―
―
―
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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