SPXV vs FLXN

Comparison between PROSHARES S&P 500 EX-HEALTH CARE ETF (SPXV, ETF) and HORIZON FLEXIBLE INCOME ETF (FLXN, ETF).

5-Year PerformanceFLXN has outperformed SPXV, delivering a return of +23.7% compared to +14.3%

SPXV vs FLXN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SPXV(ETF)	FLXN(ETF)
Net Assets	$40M	$40M
Expense Ratio	0.09%	0.82%
Max Drawdown	34.34%	85.30%
Sharpe Ratio	1.47	1.01
5Y Beta	1.03	0.35
P/E Ratio	28.79	N/A
Forward P/E	22.14	N/A
PEG Ratio	0.41	N/A
5Y Dividends CAGR	6.05%	N/A
5Y EPS CAGR	29.71%	N/A
Debt to Equity	39.39%	N/A
P/S Ratio	4.24	N/A
P/B Ratio	5.89	N/A

Net Assets

Winner

SPXV

$40M

FLXN

$40M

Expense Ratio

Winner

SPXV

0.09%

FLXN

0.82%

Max Drawdown

Winner

SPXV

34.34%

FLXN

85.30%

Sharpe Ratio

Winner

SPXV

1.47

FLXN

1.01

5Y Beta

SPXV

1.03

Winner

FLXN

0.35

P/E Ratio

SPXV

28.79

FLXN

N/A

Forward P/E

SPXV

22.14

FLXN

N/A

PEG Ratio

SPXV

0.41

FLXN

N/A

5Y Dividends CAGR

SPXV

6.05%

FLXN

N/A

5Y EPS CAGR

SPXV

29.71%

FLXN

N/A

Debt to Equity

SPXV

39.39%

FLXN

N/A

P/S Ratio

SPXV

4.24

FLXN

N/A

P/B Ratio

SPXV

5.89

FLXN

N/A

SPXV vs FLXN - Historical Returns

Returns include dividend reinvestment.

Period	SPXV	FLXN
1 month	+0.01%	+0.94%
3 months	+12.53%	+3.13%
6 months	+10.34%	+3.20%
1 year	+25.40%	+7.50%
5 years(CAGR)	+14.26%	+23.71%
10 years(CAGR)	+16.12%	+6.86%
Max(CAGR)	+15.93%	+5.04%

SPXV

+0.01%

Winner

FLXN

+0.94%

Winner

SPXV

+12.53%

FLXN

+3.13%

Winner

SPXV

+10.34%

FLXN

+3.20%

Winner

SPXV

+25.40%

FLXN

+7.50%

5Y(CAGR)

SPXV

+14.26%

Winner

FLXN

+23.71%

10Y(CAGR)

Winner

SPXV

+16.12%

FLXN

+6.86%

Max(CAGR)

Winner

SPXV

+15.93%

FLXN

+5.04%

SPXV vs FLXN - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	SPXV	FLXN
2026	+9.94%	+2.63%
2025	+18.68%	+4.70%
2024	+29.14%	N/A
2023	+31.18%	N/A
2022	-21.25%	N/A
2021	+30.48%	-21.51%
2020	+17.90%	-43.79%
2019	+32.55%	+66.13%
2018	-3.83%	-57.17%
2017	+17.00%	+32.35%
2016	+13.25%	+4.51%
2015	+8.26%	-4.70%
2014	N/A	+37.25%

SPXV vs FLXN Drawdown Comparison

The maximum drawdown for SPXV was -34.34%, occurring on Mar 23, 2020. Recovery took 122 trading sessions.

The maximum drawdown for FLXN was -85.30%, occurring on Aug 19, 2021. This drawdown has not yet recovered.

The current SPXV drawdown is -2.99%. The current FLXN drawdown is -9.92%.

Rank	SPXV	FLXN
#1	-34.34% Feb 19, 2020 - Aug 12, 2020	-85.30% Oct 6, 2017 - Aug 19, 2021
#2	-26.57% Jan 4, 2022 - Dec 13, 2023	-72.06% Mar 19, 2015 - Mar 27, 2017
#3	-19.88% Feb 19, 2025 - Jun 24, 2025	-42.00% Mar 27, 2017 - Oct 6, 2017
#4	-19.55% Sep 26, 2018 - Apr 4, 2019	-40.00% Mar 13, 2014 - Sep 10, 2014
#5	-11.72% Dec 2, 2015 - Aug 1, 2016	-26.63% Sep 10, 2014 - Dec 17, 2014
#6	-10.07% Sep 2, 2020 - Nov 16, 2020	-15.22% Jan 14, 2015 - Mar 4, 2015
#7	-9.39% Jul 16, 2024 - Sep 19, 2024	-5.97% Dec 19, 2014 - Jan 6, 2015
#8	-9.15% Jan 28, 2026 - Apr 14, 2026	-5.00% Mar 4, 2015 - Mar 13, 2015
#9	-7.84% Jan 24, 2018 - Jul 18, 2018	-4.29% Feb 28, 2014 - Mar 5, 2014
#10	-7.37% Apr 29, 2019 - Jun 20, 2019	-1.49% Feb 21, 2014 - Feb 25, 2014
#11	-6.36% Jul 26, 2019 - Oct 25, 2019	-1.25% Jan 8, 2015 - Jan 13, 2015
#12	-5.90% Oct 28, 2025 - Dec 24, 2025	-1.20% Feb 14, 2014 - Feb 21, 2014
#13	-5.40% Mar 28, 2024 - May 14, 2024	-0.62% Mar 6, 2014 - Mar 12, 2014
#14	-5.10% Jun 2, 2026 - Jun 10, 2026	-0.41% Mar 17, 2015 - Mar 19, 2015
#15	-4.66% Sep 2, 2021 - Oct 19, 2021	-0.41% Feb 12, 2014 - Feb 14, 2014

Correlation

Correlation between SPXV and FLXN is 0.34 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.34

-101

Dividend Comparison (2015 - 2026)

SPXV vs FLXN dividend yield comparison.

Year	SPXV	FLXN
2026	0.22%	3.94%
2025	0.97%	3.49%
2024	1.12%	0.00%
2023	1.27%	0.00%
2022	1.67%	0.00%
2021	1.11%	0.00%
2020	1.45%	0.00%
2019	1.58%	0.00%
2018	1.89%	0.00%
2017	1.57%	0.00%
2016	2.66%	0.00%
2015	0.56%	0.00%