# Portfolio overlap — FDLS vs HSMIX Comparing **Inspire Fidelis Multi Factor ETF** (2026-02-28) and **Horizon Multi-Factor Small/Mid Cap Fund** (2026-02-28). - Shared positions: 28 - Inspire Fidelis Multi Factor ETF covered by Horizon Multi-Factor Small/Mid Cap Fund: 0.1044830243429994573654182377 - Horizon Multi-Factor Small/Mid Cap Fund covered by Inspire Fidelis Multi Factor ETF: 0.1044830243429994573654182377 ## Inspire Fidelis Multi Factor ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | NATIONAL ENERGY SERVS. RE | 0.015714 | | | TRANSOCEAN LTD | 0.015082 | | | MKS INSTRUMENTS INC | 0.014237 | ✓ | | TECHNIPFMC PLC | 0.013821 | | | ATI INC | 0.013705 | ✓ | | Anglogold Ashanti Plc | 0.013576 | | | IRIDIUM COMMUNICATIONS INC | 0.013263 | ✓ | | MITEK SYSTEMS INC | 0.012617 | | | XP Inc | 0.012472 | | | EZCORP INC CL A NON VTG | 0.012333 | ✓ | | THERMON GROUP HOLDINGS INC | 0.012088 | | | NEWMONT CORP | 0.011954 | | | WOODWARD INC | 0.011855 | | | United Microelectronics Corp. SPON ADS REP 5 ORD TWD10 | 0.011797 | | | FRESHPET INC | 0.011734 | | | CELSIUS HOLDINGS INC | 0.011721 | | | INTERACTIVE BROKERS GROUP INC | 0.011689 | | | VALERO ENERGY CORP | 0.011499 | | | CARPENTER TECHNOLOGY CORP | 0.011388 | | | Credicorp Ltd | 0.011325 | | | MISTRAS GROUP INC | 0.011256 | | | CASEY'S GENERAL | 0.011207 | | | EMCOR GROUP INC | 0.011105 | | | AMKOR TECHNOLOGY INC | 0.011042 | ✓ | | ALLIENT INC | 0.011032 | | | FIRSTCASH HOLDINGS INC | 0.011030 | ✓ | | HUNT J B TRANSPORT SERVICES IN | 0.010970 | | | CRACKER BARREL OLD CTRY ST INC | 0.010965 | | | ROYALTY PHARMA-A | 0.010953 | | | PRIMORIS SVCS CORP | 0.010933 | | | LINCOLN ELECTRIC HLDGS INC | 0.010851 | ✓ | | PLAINS ALL AMER PIPELINE LP PARTNERSHIP SHARES | 0.010789 | | | CLEARWAY ENERGY INC CL C | 0.010764 | | | TOPGOLF CALLAWAY BRANDS CORP | 0.010702 | | | CIRRUS LOGIC INC | 0.010669 | ✓ | | StoneCompany Ltd. - | 0.010608 | | | NRG ENERGY INC | 0.010605 | | | KAISER ALUMINUM | 0.010504 | ✓ | | INTERDIGITAL INC | 0.010485 | ✓ | | JAZZ PHARMACEUTI | 0.010484 | | | TELEPHONE & DATA | 0.010470 | ✓ | | INNOVIVA INC | 0.010392 | ✓ | | YUM CHINA HOLDINGS INC - XHKG LISTING | 0.010379 | | | VALMONT INDUSTRIES INC | 0.010338 | ✓ | | NCR ATLEOS CORP | 0.010315 | | | PHOTRONICS INC | 0.010287 | ✓ | | HAMILTON INSUR-B | 0.010264 | | | HARMONY GOLD MNG-SPON ADR DEPOSITARY RECEIPT | 0.010227 | | | RENAISSANCERE | 0.010198 | | | CROWN HOLDINGS INC | 0.010187 | ✓ | ## Horizon Multi-Factor Small/Mid Cap Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | CIENA CORP | 0.029375 | | | TECHNIPFMC PLC | 0.023767 | | | UNITED THERAPEUTICS CORP DEL | 0.020384 | ✓ | | CURTISS WRIGHT CORPORATION | 0.019304 | | | COCA COLA CONSOLIDATED INC | 0.014805 | | | JONES LANG LASALLE INC | 0.013884 | | | ATI INC | 0.013269 | ✓ | | ALCOA CORP | 0.012835 | | | MUELLER INDUSTRIES INC | 0.012625 | | | ANNALY CAPITAL MGMT INC REIT | 0.012148 | | | TOLL BROTHERS INC | 0.011816 | | | NEW YORK TIMES CO CL A | 0.011429 | | | PERMIAN RESOURCES CORP CL A | 0.011392 | | | RENAISSANCERE HLDGS LTD | 0.011002 | | | NEUROCRINE BIOSCIENCES INC | 0.010786 | | | LINCOLN ELECTRIC HLDGS INC | 0.010620 | ✓ | | ANTERO RESOURCES | 0.010507 | | | DYCOM INDUSTRIES INC | 0.010496 | | | TENET HEALTHCARE CORP | 0.010444 | | | STIFEL FINANCIAL CORP | 0.010388 | | | RBC BEARINGS INC | 0.010158 | | | FIVE BELOW INC | 0.009640 | | | GLOBUS MEDICAL INC | 0.009249 | | | FLOWSERVE CORP | 0.009097 | | | BIOMARIN PHARMACEUTICAL INC | 0.009044 | | | OMEGA HEALTHCARE INVESTORS INC | 0.008698 | | | CACI INTL-A | 0.008589 | ✓ | | EXELIXIS INC | 0.008573 | | | FLEX LTD | 0.008399 | | | ACUITY INC | 0.008267 | | | TEMPUR SEALY INTERNATIONAL INC | 0.008224 | | | WEBSTER FINL | 0.008037 | | | FIRSTCASH HOLDINGS INC | 0.007785 | ✓ | | AFFIL MANAGERS | 0.007673 | | | BORGWARNER INC | 0.007606 | | | PENUMBRA INC | 0.007392 | | | ANTERO MIDSTREAM CORP | 0.007362 | | | JANUS HENDERSON GROUP PLC | 0.007215 | | | NATL FUEL GAS CO | 0.007155 | | | WINTRUST FINL | 0.007056 | | | WATTS WATER TECH INC CL A | 0.006977 | | | CRANE CO | 0.006788 | | | ITT INC | 0.006406 | | | MAPLEBEAR INC | 0.006378 | | | DONALDSON CO INC | 0.006352 | | | ZIONS BANCORP NA | 0.006343 | | | FIRST INDUSTRIAL REALTY TRUST | 0.006332 | | | APPLIED INDU TEC | 0.006253 | | | HF SINCLAIR CORP | 0.006186 | | | CROWN HOLDINGS INC | 0.005964 | ✓ | ## Sources - N-PORT (fund A) — accession `0000910472-26-005935` (as of 2026-02-28) - N-PORT (fund B) — accession `0000894189-26-013910` (as of 2026-02-28) --- _Informational only — not investment advice. 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