{
 "ticker": "EXPN",
 "name": "HORIZON EXPANSION LEADERS ETF",
 "issuer": "Horizon",
 "desk": "core",
 "url": "https://etfiq.com/funds/expn",
 "html": "https://etfiq.com/funds/expn",
 "markdown": "https://etfiq.com/funds/expn.md",
 "as_of": "2026-11-12",
 "verdict": "EXPN returned \u22127.7% since it first traded on Aug 12, 2026.",
 "lead": "EXPN returned \u22127.7% from Aug 12, 2026 to Nov 12, 2026, charges 0.75% a year and holds $83m in net assets on Aug 31, 2026.",
 "category": {
  "id": "stocks",
  "name": "Stocks",
  "label": "Stock ETFs",
  "url": "https://etfiq.com/stocks/",
  "group": {
   "id": "us-stocks",
   "name": "U.S. stocks"
  },
  "segment": {
   "id": "us-large-blend",
   "name": "U.S. large-cap blend",
   "url": "https://etfiq.com/stocks/us-large-blend/"
  },
  "status": "classified",
  "as_of": "2026-11-12",
  "method": "https://etfiq.com/methodology/categories"
 },
 "promise": {
  "badge": null,
  "label": "Not measured",
  "category": "stocks",
  "sentence": "it names no index it tracks",
  "figure": null,
  "unit": null,
  "from": null,
  "to": null,
  "url": "https://etfiq.com/promise-index/stocks/"
 },
 "key_facts": [
  {
   "key": "total_return_since_launch",
   "label": "Total return, since launch, Aug 12, 2026",
   "value": "\u22127.7%",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "as_of": "2026-11-12",
   "sentence": "EXPN, total return, since launch, Aug 12, 2026: \u22127.7%, as of Nov 12, 2026.",
   "cite": {
    "value": "\u22127.7%",
    "as_of": "2026-11-12",
    "source": "computed by ETFIQ from Tiingo daily prices",
    "url": "https://etfiq.com/funds/expn#fact-total-return-since-launch",
    "text": "EXPN, total return, since launch, Aug 12, 2026: \u22127.7%, as of Nov 12, 2026."
   }
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.75%",
   "source": "497 XBRL, Aug 7, 2026",
   "as_of": "2026-08-07",
   "sentence": "EXPN, expense ratio: 0.75%, as of Aug 7, 2026.",
   "cite": {
    "value": "0.75%",
    "as_of": "2026-08-07",
    "source": "497 XBRL, Aug 7, 2026",
    "url": "https://etfiq.com/funds/expn#fact-expense-ratio",
    "text": "EXPN, expense ratio: 0.75%, as of Aug 7, 2026."
   }
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "50",
   "source": "its SEC filing (Form N-PORT)",
   "as_of": "2026-08-31",
   "sentence": "EXPN, holdings: 50, as of Aug 31, 2026.",
   "cite": {
    "value": "50",
    "as_of": "2026-08-31",
    "source": "its SEC filing (Form N-PORT)",
    "url": "https://etfiq.com/funds/expn#fact-holdings",
    "text": "EXPN, holdings: 50, as of Aug 31, 2026."
   }
  },
  {
   "key": "below_its_high",
   "label": "Below its high",
   "value": "\u22129.8%",
   "source": "ETFIQ",
   "as_of": "2026-11-12",
   "sentence": "EXPN, below its high: \u22129.8%, as of Nov 12, 2026.",
   "cite": {
    "value": "\u22129.8%",
    "as_of": "2026-11-12",
    "source": "ETFIQ",
    "url": "https://etfiq.com/funds/expn#fact-below-its-high",
    "text": "EXPN, below its high: \u22129.8%, as of Nov 12, 2026."
   }
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$83m",
   "source": "SEC filing, whole fund, as filed for Aug 31, 2026",
   "as_of": "2026-08-31",
   "sentence": "EXPN, net assets: $83m (SEC filing, whole fund, as filed for Aug 31, 2026).",
   "cite": {
    "value": "$83m",
    "as_of": "2026-08-31",
    "source": "SEC filing, whole fund, as filed for Aug 31, 2026",
    "url": "https://etfiq.com/funds/expn#fact-net-assets",
    "text": "EXPN, net assets: $83m (SEC filing, whole fund, as filed for Aug 31, 2026)."
   }
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "Its own holdings, as of Aug 31, 2026; its prospectus names no index it tracks",
   "source": "ETFIQ, from its filings",
   "as_of": "2026-11-12",
   "sentence": "EXPN, benchmark: Its own holdings, as of Aug 31, 2026; its prospectus names no index it tracks (ETFIQ, from its filings).",
   "cite": {
    "value": "Its own holdings, as of Aug 31, 2026; its prospectus names no index it tracks",
    "as_of": "2026-11-12",
    "source": "ETFIQ, from its filings",
    "url": "https://etfiq.com/funds/expn#fact-benchmark",
    "text": "EXPN, benchmark: Its own holdings, as of Aug 31, 2026; its prospectus names no index it tracks (ETFIQ, from its filings)."
   }
  }
 ],
 "fields": [
  {
   "key": "fund_type",
   "label": "Fund type",
   "value": "Equity fund",
   "source": null
  },
  {
   "key": "category",
   "label": "Category",
   "value": "Stocks \u00b7 U.S. large-cap blend",
   "source": "ETFIQ"
  },
  {
   "key": "region",
   "label": "Region",
   "value": "United States",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.75%",
   "source": "497 XBRL, Aug 7, 2026"
  },
  {
   "key": "price",
   "label": "Price",
   "value": "$23.38",
   "source": null
  },
  {
   "key": "first_traded",
   "label": "First traded",
   "value": "Aug 12, 2026",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$83m",
   "source": "SEC filing, whole fund, as filed for Aug 31, 2026"
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "Its own holdings, as of Aug 31, 2026; its prospectus names no index it tracks",
   "source": "ETFIQ, from its filings"
  },
  {
   "key": "expn_aug_31_2026_to_nov_6_2026",
   "label": "EXPN, Aug 31, 2026 to Nov 6, 2026",
   "value": "\u22129.46%",
   "source": null
  },
  {
   "key": "its_book_of_aug_31_2026_the_same_days",
   "label": "Its book of Aug 31, 2026, the same days",
   "value": "\u22129.06%",
   "source": "ETFIQ, measured on 99% of the book by weight"
  },
  {
   "key": "against_its_own_holdings",
   "label": "Against its own holdings",
   "value": "\u22120.39 pts",
   "source": "ETFIQ"
  },
  {
   "key": "below_its_high",
   "label": "Below its high",
   "value": "\u22129.8%",
   "source": "ETFIQ"
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "50",
   "source": null
  },
  {
   "key": "top_ten_weight",
   "label": "Top ten weight",
   "value": "35.8%",
   "source": null
  },
  {
   "key": "cash_not_in_the_top_ten",
   "label": "Cash, not in the top ten",
   "value": "\u22120.5%",
   "source": null
  },
  {
   "key": "holdings_as_of",
   "label": "Holdings as of",
   "value": "Aug 31, 2026",
   "source": "SEC N-PORT"
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "97.9%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "76.9%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "52.1%",
   "source": "ETFIQ"
  },
  {
   "key": "promise_check",
   "label": "Promise check",
   "value": "Not measured. It names no index it tracks.",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Total return": "\u22128.7%",
   "S&P 500 (SPY)": "\u22122.7%"
  },
  {
   "window": "3 months",
   "Total return": "\u22128.2%",
   "S&P 500 (SPY)": "\u22122.4%"
  },
  {
   "window": "Since launch",
   "Total return": "\u22127.7%",
   "S&P 500 (SPY)": "\u22121.7%"
  }
 ],
 "questions": [
  {
   "q": "What does EXPN cost?",
   "a": "The prospectus expense ratio is 0.75% a year."
  },
  {
   "q": "What does EXPN hold?",
   "a": "50 positions as filed for Aug 31, 2026, with the top ten at 35.8% of the fund. 98% of its weight is in stocks the S&P 500 also holds."
  },
  {
   "q": "How far is EXPN below its high?",
   "a": "9.8% below its high of Aug 17, 2026, measured on the reinvested series to Nov 12, 2026."
  }
 ],
 "key_stats": [
  {
   "key": "high52",
   "label": "High since Aug 12, 2026, daily closes to Nov 12, 2026",
   "value": "$25.92 on Aug 17, 2026",
   "as_of": "2026-08-17",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 25.9197,
   "window": {
    "from": "2026-08-12",
    "to": "2026-11-12"
   }
  },
  {
   "key": "low52",
   "label": "Low since Aug 12, 2026, daily closes to Nov 12, 2026",
   "value": "$22.62 on Nov 5, 2026",
   "as_of": "2026-11-05",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 22.6163,
   "window": {
    "from": "2026-08-12",
    "to": "2026-11-12"
   }
  },
  {
   "key": "inrange",
   "label": "Close on Nov 12, 2026, within that range",
   "value": "$23.38, 23% of the way from the low to the high",
   "as_of": "2026-11-12",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 23.3799
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "50",
   "as_of": "2026-11-12",
   "source": null
  },
  {
   "key": "top10",
   "label": "Top ten weight",
   "value": "35.8%",
   "as_of": "2026-11-12",
   "source": null
  }
 ],
 "trading": {
  "as_of": "2026-11-11",
  "score": null,
  "tier": null,
  "status": "not-scored",
  "lines": [
   "Not scored."
  ],
  "page": "https://etfiq.com/funds/expn/trading/"
 },
 "outside_us": [
  {
   "key": "statutory",
   "label": "US tax withheld on dividends, no treaty",
   "value": "30%",
   "date": "2026-10-30",
   "source": "https://www.irs.gov/pub/irs-lbi/tax-treaty-table-1.pdf",
   "number": 30.0,
   "url": "https://www.irs.gov/pub/irs-lbi/tax-treaty-table-1.pdf"
  },
  {
   "key": "treaty",
   "label": "Treaty rates on dividends (IRS table, read Oct 30, 2026)",
   "value": "65 countries, 10% to 30%",
   "date": "2026-10-30",
   "source": "https://www.irs.gov/pub/irs-lbi/tax-treaty-table-1.pdf",
   "number": 65.0,
   "url": "https://www.irs.gov/individuals/international-taxpayers/tax-treaty-tables"
  },
  {
   "key": "qii",
   "label": "EXPN interest-related and short-term gain dividends",
   "value": "not read by ETFIQ"
  },
  {
   "key": "estate",
   "label": "US estate tax filing threshold, non-resident holders",
   "value": "$60,000",
   "date": "2026-10-30",
   "source": "https://www.irs.gov/instructions/i706na",
   "number": 60000.0,
   "url": "https://www.irs.gov/instructions/i706na"
  },
  {
   "key": "dist",
   "label": "Share class",
   "value": "Distributing",
   "source": "https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title26-section852&num=0&edition=prelim",
   "url": "https://etfiq.com/learn/non-us-holders"
  }
 ],
 "generated": "2026-11-13",
 "license": "https://etfiq.com/license/",
 "license_text": "Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.",
 "citation": "ETFIQ, EXPN, stock fund, data as of Nov 12, 2026. https://etfiq.com/funds/expn"
}