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
$ 348.0 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 +
| CHEVRON CORP | 5.5 % |
| PHILIP MORRIS INTERNATIONAL | 5.3 % |
| PROCTER & GAMBLE CO/THE | 4.8 % |
| ABBVIE INC | 4.6 % |
| MCDONALD'S CORP | 3.3 % |
| CONOCOPHILLIPS | 3.1 % |
| AMGEN INC | 2.9 % |
| QUALCOMM INC | 2.9 % |
| GILEAD SCIENCES INC | 2.8 % |
| ALTRIA GROUP INC | 2.5 % |
Constituent Breakdown
| Number of holdings | 99 |
| Herfindahl-Hirschman Index | 218 |
| Wgt avg mkt cap (mns) | $171,954 |
| Large cap (>$10bn) | 99.8% |
| Mid cap ($2-10bn) | 0.5% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 99.1% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 97.3 % |
 |
IRELAND | 1.5 % |
 |
SWITZERLAND | 0.9 % |
 |
NETHERLANDS | 0.6 % |
Historical Performance
Standardized Performance (as of 09/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 10.5% | 12.0% | -- | -- | -- | -- | -- | 13.7% |
| Dividend Yield | 3.4% | 4.9% | -- | -- | -- | -- | -- | 4.1% |
| Total Returns | 13.9% | 16.9% | -- | -- | -- | -- | -- | 17.8% | Ann. Volatility | 10.2% | 10.3% | -- | -- | -- | -- | -- | 10.3% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.36 | 20% |
| MSCI EAFE | 0.33 | 26% |
| MSCI Emg Mkts | 0.11 | 7% |
Liquidity Measures
| Avg. volume (000) | 56 |
| ADV traded (mns) | $2 |
| Turnover | 0.5% |
| Avg. Bid/Ask (% of price) | 0.22% |
Technical Indicators
| 30d moving avg. (EMA) | $30.98 |
| Relative strength (RSI) | 65 |
| MACD/Signal | 0.55/0.47 |
| Bollinger Bands (Upper/Lower) | $32.72/$29.55 |
| Short interest (% of AUM) | 0.1% |
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 |
|---|---|---|---|---|
| DURA | VanEck Durable High Dividend ETF | 44.9% | -40 bp | +0.4% |
| SCHD | Schwab US Dividend Equity ETF | 43.2% | -64 bp | +1.0% |
| EQIN | Columbia US Equity Income ETF | 42.0% | -35 bp | +0.0% |
| HDV | iShares Core High Dividend ETF | 41.4% | -62 bp | 0.0% |
| DIVL | Madison Dividend Value ETF | 36.4% | -5 bp | -1.5% |
| AVIE | Avantis Inflation Focused Equity ETF | 33.5% | -45 bp | -0.5% |
| SNPV | Xtrackers S&P 500 Value ESG ETF | 33.0% | -55 bp | -1.2% |
| SHRY | First Trust Bloomberg Shareholder Yield ETF | 33.0% | -10 bp | +0.6% |
| VYM | Vanguard High Dividend Yield Index ETF | 32.7% | -66 bp | -0.2% |
| QFHD | Pacer S&P 500 Quality FCF High Dividend ETF | 31.9% | -21 bp | +0.6% |
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 11/6/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
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
7.3%
ALTAR SCORE™
78th
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 1,388 funds in the US Equity category with an average
ALTAR Score™ of 5.7% 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 78th percentile
among funds in the category.
Sell-Side Consensus
$34.43
PRICE TARGET
+8.3%
UPSIDE