HBTA ETF — Horizon Expedition Plus ETF

Horizon Expedition Plus ETF (HBTA)

Updated October 16, 2026.

HBTA is an ETF. its trailing-12-month yield is 0.58%, its expense ratio is 0.86%. Total return is 26.3% over the past 1.7 years, 1.3 points behind SPY at 27.6%.

Horizon Expedition Plus is an actively managed ETF that invests primarily in large-cap U.S. equities while employing options strategies—selling and purchasing puts and calls—to generate income. The fund has an expense ratio of 0.86% and does not maintain an established regular distribution schedule, though it recently made a special distribution. This strategy may appeal to investors seeking income generation from equity exposure through active management and options-based tactics.

HBTA performance versus SPY

Price and return data through 2026-10-16.

Total return is 26.3% over the past 1.7 years, 1.3 points behind SPY at 27.6%. Over the past year its total return — price change plus distributions reinvested — is 14.7%. Its deepest 1-year drawdown was 13.2%.

HBTA key facts

Issuer

Horizon Investments

Asset type

ETF

Asset class

Equity

Inception date

01/22/2025

Expense ratio

0.86%

Trailing yield

0.58%

Last close

$31.89 (as of 2026-10-16)

AUM

$258,715,683

Average volume

13000.0

Dividend

$0.185

Ex-dividend date

12/24/2025

Payment date

12/26/2025

Beta

1.4141

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 (0.58%) 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.

HBTA risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 13.2%.

Who may consider HBTA — and who may not

It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on HBTA

• All tickers starting with H

Frequently asked questions

More securities from Horizon Investments.