Shareholder Report
|
12 Months Ended |
|
Jul. 31, 2026
USD ($)
shares
|
|---|
| Shareholder Report [Line Items] |
|
| Document Type |
N-CSR
|
| Amendment Flag |
false
|
| Registrant Name |
Horizon Funds
|
| Entity Central Index Key |
0001643174
|
| Entity Investment Company Type |
N-1A
|
| Document Period End Date |
Jul. 31, 2026
|
| Shareholder Report Annual or Semi-Annual |
annual shareholder report
|
| ANFIELD UNIVERSAL FIXED INCOME ETF |
|
| Shareholder Report [Line Items] |
|
| Fund Name |
Anfield Universal Fixed Income ETF
|
| Trading Symbol |
AFIF
|
| Security Exchange Name |
CBOE
|
| Annual or Semi-Annual Statement [Text Block] |
This annual shareholder report contains important information about Anfield Universal Fixed Income ETF (the "Fund") for the period of August 1, 2025 to July 31, 2026.
|
| Additional Information [Text Block] |
You can find additional information about the Fund at https://www.horizonmutualfunds.com/afif-fund.html. You can also request this information by contacting us at 1-855-754-7932.
|
| Additional Information Phone Number |
1-855-754-7932
|
| Additional Information Website |
https://www.horizonmutualfunds.com/afif-fund.html
|
| Expenses [Text Block] |
| Anfield Universal Fixed Income ETF |
$98 |
0.96% |
|
| Expenses Paid, Amount |
$ 98
|
| Expense Ratio, Percent |
0.96%
|
| Factors Affecting Performance [Text Block] |
The Fund returned 4.15% for the 12 months ended July 31, 2026. The Fund outperformed its primary benchmark, the Bloomberg US Aggregate Bond Index by 1.44% and its secondary benchmark, the Bloomberg US Aggregate 1-3 Year Bond Index by 0.75% over the same Period. The outperformance was primarily attributable to bond duration selection and the shift in investor yield curve preference. Additionally, an overweight to credit and an underweight to Treasuries contributed to the Fund's performance. |
| Performance Past Does Not Indicate Future [Text] |
Past performance is not a good predictor of the Fund's future performance.
|
| Line Graph [Table Text Block] |
|
| Average Annual Return [Table Text Block] |
July 31, 2026
|
Anfield Universal Fixed Income ETF - NAV
| 4.15% | 3.67% | 2.58% |
|
Bloomberg U.S. Aggregate Bond Index
| 2.71% | -0.40% | 1.88% |
|
Bloomberg U.S. Aggregate 1-3 Year Index
| 3.40% | 2.14% | 2.44% | |
| Performance Inception Date |
Sep. 17, 2018
|
| No Deduction of Taxes [Text Block] |
The graph and table shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemptions of Fund shares.
|
| Material Change Date |
Jun. 26, 2026
|
| Net Assets |
$ 277,884,317
|
| Holdings Count | shares |
327
|
| Advisory Fees Paid, Amount |
$ 1,541,984
|
| Investment Company, Portfolio Turnover |
24.00%
|
| Additional Fund Statistics [Text Block] |
| Net Assets ($) |
$277,884,317 |
| Number of Portfolio Holdings |
327 |
| Portfolio Turnover Rate (%) |
24% |
| Total Advisory Fees Paid ($) |
$1,541,984 |
|
| Holdings [Text Block] |
|
Financials
|
33.8% |
|
Consumer Discretionary
|
27.9% |
|
Asset Backed Securities
|
14.5% |
|
Utilities
|
6.6% |
|
Energy
|
3.4% |
|
Industrials
|
3.1% |
|
Mortgage Securities
|
2.2% |
|
Health Care
|
1.5% |
|
Materials
|
0.8% |
|
Cash & Other
|
6.2% |
|
United States Treasury Bill
|
3.9% |
|
United States Treasury Bill
|
3.6% |
|
Electricite de France SA
|
2.5% |
|
United States Treasury Bill
|
2.4% |
|
Nissan Motor Acceptance Co. LLC
|
2.1% |
|
Caesars Entertainment, Inc.
|
1.8% |
|
Penn Entertainment, Inc.
|
1.8% |
|
Citigroup, Inc.
|
1.7% |
|
Capital One Financial Corp.
|
1.7% |
|
General Motors Financial Co., Inc.
|
1.6% |
|
Corporate Bonds
|
61.4% |
|
Bank Loans
|
16.4% |
|
Collateralized Loan Obligations
|
14.5% |
|
U.S. Treasury Bills
|
9.9% |
|
Collateralized Mortgage Obligations
|
2.2% |
|
Mortgage-Backed Securities
|
0.0% |
|
Futures Contracts
|
-0.1% |
|
Cash & Other
|
-4.3% |
|
| Largest Holdings [Text Block] |
|
United States Treasury Bill
|
3.9% |
|
United States Treasury Bill
|
3.6% |
|
Electricite de France SA
|
2.5% |
|
United States Treasury Bill
|
2.4% |
|
Nissan Motor Acceptance Co. LLC
|
2.1% |
|
Caesars Entertainment, Inc.
|
1.8% |
|
Penn Entertainment, Inc.
|
1.8% |
|
Citigroup, Inc.
|
1.7% |
|
Capital One Financial Corp.
|
1.7% |
|
General Motors Financial Co., Inc.
|
1.6% |
|
| Material Fund Change [Text Block] |
Other Material Fund Changes: The Anfield Universal Fixed Income ETF, previously a series of Two Roads Shared Trust, was reorganized into the Horizon Funds trust effective June 26, 2026. In connection with the reorganization, the Fund's investment adviser changed to Horizon Investments, LLC. The Fund's portfolio managers remain the same and are each now employees of Horizon Investments, LLC. In connection with the reorganization, the Anfield Universal Fixed Income ETF's fee structure changed from a multi-component expense structure to a unitary fee of 0.85%. This is a summary of certain changes to the Fund since August 1, 2025. For more complete information, you may review the Fund's next prospectus, which we expect to be available by November 30, 2026 at https://www.horizonmutualfunds.com/afif-fund.html or upon request at 1-855-754-7932. |
| Material Fund Change Expenses [Text Block] |
In connection with the reorganization, the Anfield Universal Fixed Income ETF's fee structure changed from a multi-component expense structure to a unitary fee of 0.85%
|
| Material Fund Change Adviser [Text Block] |
In connection with the reorganization, the Fund's investment adviser changed to Horizon Investments, LLC
|
| Summary of Change Legend [Text Block] |
This is a summary of certain changes to the Fund since August 1, 2025. For more complete information, you may review the Fund's next prospectus, which we expect to be available by November 30, 2026 at https://www.horizonmutualfunds.com/afif-fund.html or upon request at 1-855-754-7932.
|
| Updated Prospectus Phone Number |
1-855-754-7932
|
| Updated Prospectus Web Address |
https://www.horizonmutualfunds.com/afif-fund.html
|
| Accountant Change Statement [Text Block] |
The Anfield Universal Fixed Income ETF, previously a series of Two Roads Shared Trust, was reorganized into the Horizon Funds trust effective June 26, 2026. During the Fund's most recent fiscal year, as a result of the Reorganization after the close of business on June 26, 2026, there was a change in accountants from Deloitte & Touche LLP, the Predecessor Fund's independent registered public accounting firm, to Cohen & Company, Ltd., the independent registered public accounting firm that the Board selected for the Fund at a meeting held on April 28, 2026, upon the recommendation of the Trust's Audit Committee. There were no disagreements with the former accounting firm during the Predecessor Fund's fiscal years ended July 31, 2026 and July 31, 2025. |
| Accountant Change Date |
Jun. 26, 2026
|