DIVL vs DIVN
Madison Dividend Value ETF against Horizon Dividend Income ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
31%
22 shared positions
Fee gap
5 bp
DIVL is cheaper
1-year return gap
7.6 pts
DIVN is ahead
Larger fund
DIVN
$155M
Side by side
| DIVL | DIVN | |
|---|---|---|
| Fund | Madison Dividend Value ETF | Horizon Dividend Income ETF |
| Issuer | Madison | Horizon |
| Category | High Dividend | High Dividend |
| Expense ratio | 0.65% | 0.70% |
| Assets | $61M | $155M |
| Average daily dollar volume | $39K | $1.4M |
| Listed | Aug 14, 2023 | Jun 25, 2025 |
| FrenzyCap score | 23 | 35 |
| 1-month return | −1.3% | −0.1% |
| 3-month return | −0.3% | +1.8% |
| Year to date | +8.2% | +13.3% |
| 1-year return | +7.2% | +14.9% |
| 30-day volatility | 7.3% | 8.3% |
| Worst drawdown, 1 year | −6.9% | −5.5% |
| Trailing 12-month yield | 1.79% | 4.05% |
| Holdings | 37 | 128 |
| Top 10 weight | 40.1% | 33.8% |
| Look-through P/E | 22.7 | 19.8 |
| Holdings vs fair value | +1.7% | +7.3% |
| Holdings above 200-day average | 60% | 66% |
| Net flow, latest 3 reported months | $0 thru Jun 2026 | +$12M thru May 2026 |
| 30-day implied volatility | — | — |
| Holdings as of | as of Jun 30, 2026SEC filing | as of May 31, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
65% of DIVL · 31% of DIVN| Holding | DIVL | DIVN |
|---|---|---|
| ABBV | 3.68% | 3.71% |
| PG | 3.44% | 3.59% |
| JNJ | 5.49% | 2.85% |
| CVX | 4.24% | 2.47% |
| TXN | 4.33% | 2.38% |
| MCD | 2.23% | 2.51% |
| AMGN | 2.51% | 1.59% |
| ADI | 3.47% | 1.55% |
| UNP | 3.49% | 1.34% |
| EOG | 1.13% | 1.28% |
| ITW | 3.26% | 1.07% |
| COP | 2.92% | 0.98% |
| HD | 3.06% | 0.81% |
| CL | 2.92% | 0.72% |
| LOW | 2.47% | 0.69% |
| CME | 3.16% | 0.66% |
| FAST | 2.41% | 0.66% |
| STT | 1.56% | 0.64% |
| MSCI | 0.92% | 0.61% |
| XOM | 4.42% | 0.57% |
| AFL | 0.91% | 0.38% |
| SLB | 2.48% | 0.11% |
Sector mix of the stock holdings
| Sector | DIVL | DIVN | Gap |
|---|---|---|---|
| Health Care | 11.7% | 18.5% | −6.8% |
| Technology | 9.2% | 18.5% | −9.3% |
| Financials | 14.6% | 12.1% | +2.5% |
| Consumer Staples | 9.2% | 13.1% | −4.0% |
| Energy | 15.2% | 6.7% | +8.5% |
| Industrials | 13.7% | 7.6% | +6.1% |
| Consumer Discretionary | 10.2% | 7.7% | +2.4% |
| Communication Services | 0.0% | 7.3% | −7.3% |
| Utilities | 4.1% | 1.5% | +2.7% |
| Materials | 3.0% | 0.9% | +2.2% |
| Real Estate | 2.9% | 0.0% | +2.9% |
More: full overlap table · DIVL holdings · DIVN holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.