DIVN
Horizon Dividend Income ETF
Horizon Dividend Income ETF seeks to provide investors with high current income and long-term capital appreciation by investing primarily in a diversified portfolio of dividend-paying equities.
US
EQUITY
Active
MANAGEMENT STYLE
$ 145.6 M
ASSETS UNDER MGMT
70 bp
EXPENSES
Fund Basics
| Inception date | Jun 25, 2025 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| MERCK & CO. INC. | 4.0 % |
| PROCTER & GAMBLE CO/THE | 3.8 % |
| ABBVIE INC | 3.7 % |
| PHILIP MORRIS INTERNATIONAL | 3.6 % |
| JOHNSON & JOHNSON | 3.1 % |
| QUALCOMM INC | 3.0 % |
| MCDONALD'S CORP | 2.9 % |
| T-MOBILE US, INC. | 2.8 % |
| ACCENTURE PLC-CL A | 2.8 % |
| CHEVRON CORP | 2.7 % |
Constituent Breakdown
| Number of holdings | 126 |
| Herfindahl-Hirschman Index | 185 |
| Wgt avg mkt cap (mns) | $192,175 |
| Large cap (>$10bn) | 96.7% |
| Mid cap ($2-10bn) | 1.6% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 99.3% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 93.6 % |
 |
IRELAND | 4.2 % |
 |
NETHERLANDS | 0.7 % |
 |
SWITZERLAND | 0.6 % |
Historical Performance
Standardized Performance (as of 03/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 7.0% | -- | -- | -- | -- | -- | -- | 13.9% |
| Dividend Yield | 0.5% | -- | -- | -- | -- | -- | -- | 2.2% |
| Total Returns | 7.5% | -- | -- | -- | -- | -- | -- | 16.0% | Ann. Volatility | 11.0% | -- | -- | -- | -- | -- | -- | 10.5% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.00 | 0% |
| MSCI EAFE | 0.00 | 0% |
| MSCI Emg Mkts | 0.00 | 0% |
Liquidity Measures
| Avg. volume (000) | 20 |
| ADV traded (mns) | $1 |
| Turnover | 0.4% |
| Avg. Bid/Ask (% of price) | 0.19% |
Technical Indicators
| 30d moving avg. (EMA) | $28.41 |
| Relative strength (RSI) | 55 |
| MACD/Signal | 0.00/-0.05 |
| Bollinger Bands (Upper/Lower) | $28.66/$27.95 |
| Short interest (% of AUM) | 0.5% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. DIVN |
Expenses vs. DIVN |
ALTAR Score™ vs. DIVN |
|---|---|---|---|---|
| SCHD | Schwab US Dividend Equity ETF | 45.1% | -64 bp | +1.3% |
| LVDS | JPMorgan Fundamental Data Science Large Value ETF | 43.2% | -21 bp | -1.4% |
| HDV | iShares Core High Dividend ETF | 42.6% | -62 bp | -0.7% |
| DIVB | iShares Core Dividend ETF | 41.5% | -65 bp | +0.9% |
| OUSA | ALPS O'Shares U.S. Quality Dividend ETF | 39.5% | -22 bp | -0.8% |
| DURA | VanEck Durable High Dividend ETF | 39.0% | -41 bp | -0.2% |
| SPDG | State Street SPDR Portfolio S&P Sector Neutral Dividend ETF | 38.1% | -65 bp | +1.0% |
| VYM | Vanguard High Dividend Yield Index ETF | 35.7% | -64 bp | -0.5% |
| DHS | WisdomTree U.S. High Dividend Fund | 34.9% | -32 bp | +1.4% |
| VALQ | American Century U.S. Quality Value ETF | 34.9% | -41 bp | +0.9% |
Risk and Returns: DIVN vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 4/21/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
7.1%
ALTAR SCORE™
79th
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 1,201 funds in the US Equity category with an average
ALTAR Score™ of 5.5% and a standard deviation
of 2.1%. DIVN's ALTAR Score™ is approximately 0.8 standard
deviations above the category average. This places DIVN in the 79th percentile
among funds in the category.
Sell-Side Consensus
$32.96
PRICE TARGET
+15.4%
UPSIDE