FRGN vs PBJ

Comparison between Horizon International Equity ETF (FRGN, ETF) and INVESCO FOOD & BEVERAGE ETF (PBJ, ETF).

FRGN vs PBJ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FRGN(ETF)	PBJ(ETF)
Net Assets	$94M	$94M
Expense Ratio	0.75%	0.61%
Max Drawdown	12.40%	41.72%
Sharpe Ratio	1.65	-0.06
5Y Beta	1.35	0.40
P/E Ratio	N/A	22.87
Forward P/E	N/A	15.05
PEG Ratio	N/A	0.24
5Y Dividends CAGR	N/A	13.23%
5Y EPS CAGR	N/A	6.10%
Debt to Equity	N/A	33.30%
P/S Ratio	N/A	0.36
P/B Ratio	N/A	2.08

Net Assets

FRGN

$94M

Winner

PBJ

$94M

Expense Ratio

FRGN

0.75%

Winner

PBJ

0.61%

Max Drawdown

Winner

FRGN

12.40%

PBJ

41.72%

Sharpe Ratio

Winner

FRGN

1.65

PBJ

-0.06

5Y Beta

FRGN

1.35

Winner

PBJ

0.40

P/E Ratio

FRGN

N/A

PBJ

22.87

Forward P/E

FRGN

N/A

PBJ

15.05

PEG Ratio

FRGN

N/A

PBJ

0.24

5Y Dividends CAGR

FRGN

N/A

PBJ

13.23%

5Y EPS CAGR

FRGN

N/A

PBJ

6.10%

Debt to Equity

FRGN

N/A

PBJ

33.30%

P/S Ratio

FRGN

N/A

PBJ

0.36

P/B Ratio

FRGN

N/A

PBJ

2.08

FRGN vs PBJ - Holdings Comparison

FRGN and PBJ have 1 common holdings. Overlap is -0.08%

FRGN's top 25 holdings weight is 32.02%. PBJ's top 25 holdings weight is 89.01%.

Rank	FRGN	PBJ
#1	n/a (n/a) - 4.33%	ARCHER-DANIELS-MIDLAND CO (ADM) - 6.06%
#2	ASML HOLDING NV (n/a) - 3.58%	MONSTER BEVERAGE CORP (MNST) - 5.40%
#3	SAMSUNG ELECTRONICS CO LTD (n/a) - 2.47%	CORTEVA INC (CTVA) - 5.36%
#4	SK HYNIX INC (n/a) - 1.98%	MONDELEZ INTERNATIONAL INC CLASS A (MDLZ) - 5.29%
#5	SHELL PLC (n/a) - 1.62%	THE KROGER CO (KR) - 4.89%
#6	THE TORONTO-DOMINION BANK (n/a) - 1.62%	PEPSICO INC (PEP) - 4.54%
#7	ROCHE HOLDING AG ORDINARY SHARES NEW (n/a) - 1.47%	SYSCO CORP (SYY) - 4.43%
#8	TOTALENERGIES SE (TTE) - 1.41%	THE HERSHEY CO (HSY) - 4.38%
#9	NOVARTIS AG REGISTERED SHARES (n/a) - 1.09%	UNITED NATURAL FOODS INC (UNFI) - 3.73%
#10	RIO TINTO PLC ORDINARY SHARES (n/a) - 1.08%	DARLING INGREDIENTS INC (DAR) - 3.24%
#11	SOFTBANK GROUP CORP (n/a) - 1.08%	MAPLEBEAR INC (CART) - 3.22%
#12	ASTRAZENECA PLC (AZN:XLON) - 0.97%	ANDERSONS INC (ANDE) - 3.18%
#13	ISHARES MSCI INDIA ETF (INDA) - 0.97%	SMITHFIELD FOODS INC (SFD) - 2.98%
#14	UBS GROUP AG REGISTERED SHARES (n/a) - 0.96%	TYSON FOODS INC CLASS A (TSN) - 2.96%
#15	ROYAL BANK OF CANADA (RY) - 0.96%	ARCOS DORADOS HOLDINGS INC CLASS A (ARCO) - 2.90%
#16	BRITISH AMERICAN TOBACCO PLC (n/a) - 0.93%	WEIS MARKETS INC (WMK) - 2.85%
#17	TOKYO ELECTRON LTD (n/a) - 0.93%	SEABOARD CORP (SEB) - 2.84%
#18	AGNICO EAGLE MINES LTD (AEM) - 0.88%	INGLES MARKETS INC CLASS A (IMKTA) - 2.83%
#19	ADVANTEST CORP (n/a) - 0.88%	BBB FOODS INC CLASS A (TBBB) - 2.69%
#20	ABB LTD (n/a) - 0.83%	POST HOLDINGS INC (POST) - 2.61%
#21	ORIX CORP (n/a) - 0.40%	COCA-COLA CONSOLIDATED INC (COKE) - 2.60%
#22	GENERALI (n/a) - 0.40%	DOLE PLC (DOLE) - 2.59%
#23	GOLD FIELDS LTD (n/a) - 0.40%	CAL-MAINE FOODS INC (CALM) - 2.58%
#24	FANUC CORP (n/a) - 0.39%	ALBERTSONS COMPANIES INC CLASS A (ACI) - 2.43%
#25	ING GROEP NV (n/a) - 0.39%	US FOODS HOLDING CORP (USFD) - 2.43%
Total Holdings	254	32

FRGN vs PBJ - Historical Returns

Returns include dividend reinvestment.

Period	FRGN	PBJ
1 month	+1.18%	-4.38%
3 months	+11.33%	-1.49%
6 months	+20.56%	+7.55%
1 year	N/A	+2.86%
5 years(CAGR)	N/A	+3.28%
10 years(CAGR)	N/A	+5.36%
Max(CAGR)	+45.42%	+7.23%

Winner

FRGN

+1.18%

PBJ

-4.38%

Winner

FRGN

+11.33%

PBJ

-1.49%

Winner

FRGN

+20.56%

PBJ

+7.55%

FRGN

N/A

PBJ

+2.86%

5Y(CAGR)

FRGN

N/A

PBJ

+3.28%

10Y(CAGR)

FRGN

N/A

PBJ

+5.36%

Max(CAGR)

Winner

FRGN

+45.42%

PBJ

+7.23%

FRGN vs PBJ - Annual Returns (2005 - 2026)

Returns include dividend reinvestment.

Year	FRGN	PBJ
2026	+16.55%	+7.39%
2025	+1.47%	-2.48%
2024	N/A	+1.69%
2023	N/A	+3.23%
2022	N/A	+2.72%
2021	N/A	+27.48%
2020	N/A	+6.93%
2019	N/A	+17.62%
2018	N/A	-10.67%
2017	N/A	+1.06%
2016	N/A	+7.78%
2015	N/A	+7.18%
2014	N/A	+18.70%
2013	N/A	+30.21%
2012	N/A	+5.22%
2011	N/A	+5.66%
2010	N/A	+28.95%
2009	N/A	+8.80%
2008	N/A	-20.79%
2007	N/A	+6.17%
2006	N/A	+16.10%
2005	N/A	-2.80%

FRGN vs PBJ Drawdown Comparison

The maximum drawdown for FRGN was -12.40%, occurring on Mar 30, 2026. Recovery took 45 trading sessions.

The maximum drawdown for PBJ was -39.15%, occurring on Mar 9, 2009. Recovery took 759 trading sessions.

The current FRGN drawdown is -4.96%. The current PBJ drawdown is -5.80%.

Rank	FRGN	PBJ
#1	-12.40% Feb 25, 2026 - Apr 30, 2026	-39.15% Oct 9, 2007 - Oct 13, 2010
#2	-4.96% Jun 2, 2026 - Jun 5, 2026	-28.49% Sep 5, 2019 - Dec 1, 2020
#3	-3.88% May 13, 2026 - May 29, 2026	-17.02% Jan 26, 2018 - Jul 3, 2019
#4	-3.02% Jan 29, 2026 - Feb 9, 2026	-15.83% Apr 20, 2022 - Mar 13, 2024
#5	-2.62% Dec 10, 2025 - Dec 23, 2025	-15.66% Jul 21, 2011 - Jul 3, 2012
#6	-1.79% Jan 15, 2026 - Jan 22, 2026	-12.47% Jul 23, 2025 - Feb 3, 2026
#7	-1.78% May 11, 2026 - May 13, 2026	-11.31% Nov 29, 2024 - Jul 22, 2025
#8	-1.55% May 6, 2026 - May 8, 2026	-10.96% Aug 17, 2015 - Jun 30, 2016
#9	-1.34% Feb 11, 2026 - Feb 20, 2026	-9.61% Jun 1, 2007 - Oct 9, 2007
#10	-0.86% Jan 6, 2026 - Jan 12, 2026	-9.25% Jul 25, 2016 - Jan 19, 2018
#11	-0.76% Apr 30, 2026 - May 5, 2026	-8.23% Jun 7, 2021 - Nov 5, 2021
#12	-0.64% Dec 26, 2025 - Jan 2, 2026	-7.99% Jul 19, 2005 - Mar 17, 2006
#13	-0.46% Jan 27, 2026 - Jan 29, 2026	-7.91% Mar 27, 2024 - Nov 25, 2024
#14	-0.38% Jan 12, 2026 - Jan 14, 2026	-7.60% Aug 5, 2013 - Feb 20, 2014
#15	-0.10% Dec 8, 2025 - Dec 10, 2025	-7.40% Feb 27, 2026 - Mar 20, 2026

Correlation

Correlation between FRGN and PBJ is 0.46 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.46

-101

Dividend Comparison (2005 - 2026)

FRGN vs PBJ dividend yield comparison.

Year	FRGN	PBJ
2026	0.00%	0.32%
2025	0.25%	1.83%
2024	0.00%	1.11%
2023	0.00%	1.81%
2022	0.00%	1.81%
2021	0.00%	0.90%
2020	0.00%	1.12%
2019	0.00%	1.21%
2018	0.00%	1.41%
2017	0.00%	0.70%
2016	0.00%	1.56%
2015	0.00%	1.24%
2014	0.00%	1.32%
2013	0.00%	0.85%
2012	0.00%	1.58%
2011	0.00%	0.96%
2010	0.00%	1.14%
2009	0.00%	1.81%
2008	0.00%	1.80%
2007	0.00%	3.12%
2006	0.00%	0.93%
2005	0.00%	0.51%