BENJ ETF — Horizon Landmark ETF

Horizon Landmark ETF (BENJ)

Updated October 16, 2026.

BENJ is an ETF. its expense ratio is 0.40%. Total return is 6.8% over the past 1.7 years, 20.8 points behind SPY at 27.6%.

Horizon Landmark ETF is an actively managed exchange-traded fund that invests primarily in short-term U.S. Treasury Bills with maturities of one to three months, along with ETFs holding similar Treasury exposure, and engages in options transactions to pursue its investment objective. The fund does not currently distribute income to shareholders and carries an expense ratio of 0.40%. This fund appeals to investors seeking exposure to short-term government debt instruments with the liquidity and trading flexibility of an ETF structure.

BENJ performance versus SPY

Price and return data through 2026-10-16.

Total return is 6.8% over the past 1.7 years, 20.8 points behind SPY at 27.6%. Over the past year its total return — price change plus distributions reinvested — is 3.8%. Its deepest 1-year drawdown was 0.1%.

BENJ key facts

Issuer

Horizon Investments

Asset type

ETF

Asset class

Equity

Inception date

01/22/2025

Expense ratio

0.40%

Distribution frequency

None

Last close

$53.40 (as of 2026-10-16)

AUM

$358,140,705

Average volume

26202.0

Beta

0.0025

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Horizon Investments; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

BENJ risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 0.1%.

Who may consider BENJ — and who may not

It is a weaker fit for investors who need monthly cash flow (BENJ does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on BENJ

• All tickers starting with B

Frequently asked questions

More securities from Horizon Investments.