DIVN Horizon Dividend Income ETF

ETF

ETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels

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DIVN — —
Key stats
About

Horizon Dividend Income ETF (DIVN) ETF

No description available.

Exchange
BATS
Inception
2025-06-25
Has Options
No
Fund profile
holdings as of Oct 1, 2026third-party datathrough May 2026flows, SEC filings
Factor & Dividend High Dividend#20 of 41 by assets Horizon Actively managed
Expense ratio
0.70%
prospectus, filed Mar 26, 2026
Assets
$155M
SEC filing, May 31, 2026
Trailing yield
3.88%
paid monthly
Average daily volume
$1.1M
30 sessions
Holdings
104
top 10 are 36.8%
Listed
Jun 25, 2025
Cboe BZX
Closure risk, 12 months
1.0%
low: age · model
FrenzyCap ETF score
34
how it is built
Cost11
Liquidity35
Scale33
Diversification74

Moves with. US large-cap stocks (37% of its variance, beta 0.81); Value over growth (35% of its variance, beta 0.72). These factors explain 74% of its daily moves over the last year.

Stated objective. Investment Objective: The investment objective of the Horizon Dividend Income ETF (the Dividend Income Fund or the Fund) is capital appreciation and current income. (from the fund's prospectus)

All 104 holdingsFlow historySimilar fundsOverlap toolAll High Dividend ETFs

Fund flows
through May 2026SEC filings
May 2026
+$6.1M
latest reported month
Latest 3 months
+$12M
+8.0% of assets
Latest 12 months
+$136M
+87.9% of assets
Jun 2025: +$496KJul 2025: $0JulAug 2025: +$117M+$117MSep 2025: +$3.1MSepOct 2025: −$262K−$262KNov 2025: +$335KNovDec 2025: +$2.1MJan 2026: +$275KJanFeb 2026: +$1.2MMar 2026: +$4.6MMarApr 2026: +$1.7MMay 2026: +$6.1MMay
View as a table
Net flows of DIVN by month, Jun 2025 to May 2026
MonthNet flow
May 2026+$6.1M
Apr 2026+$1.7M
Mar 2026+$4.6M
Feb 2026+$1.2M
Jan 2026+$275K
Dec 2025+$2.1M
Nov 2025+$335K
Oct 2025−$262K
Sep 2025+$3.1M
Aug 2025+$117M
Jul 2025$0
Jun 2025+$496K

Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 12 months ago

Similar funds
FundOverlapFeeAssets1Y
DURAVanEck Durable High Dividend ETF45%0.30%$38M+17.4%compare
DDDDYieldMax U.S. Stocks Target Double Distribution ETF44%1.01%$6.6M—compare
SCHDSchwab US Dividend Equity ETF44%0.06%$115.9B+28.4%compare
EQINColumbia U.S. Equity Income ETF42%0.35%$321M+16.6%compare
HDViShares Core High Dividend ETF41%0.08%$15.6B+21.7%compare

Ranked by how much of the two portfolios is the same securities.

Look-through: what the holdings say
weights as of Oct 1, 2026third-party data
Holdings vs fair value
+7.4%
33% under, 30% over · 100% covered
Price / earnings
19.8
3% loss-making · 100% covered
Price / book · sales
3.9 · 2.5
revenue growth +6.0%
Above 200-day average
78%
82% above 50-day · by weight
Short interest
2.6%
of float, weighted · 3.5 days to cover
Insider buying
6%
of weight had net insider buying, 90 days; 60% net selling
13F holders
+3.8%
change in shares held by institutions, latest quarter
Reporting earnings
41.1%
of weight in 7 days; 75.0% in 14
Largest contributors below fair value
COP+50%BMY+50%VLO+50%EOG+50%VZ+26%
Largest contributors above fair value
PG−21%PM−14%MCD−17%GILD−17%ABBV−8%

Each figure is the fund's holdings weighted by position size, using our data on those stocks, and covers only the share of the stock holdings stated. Positive fair value means the holdings trade below our estimate.

What changed in the portfolio
Feb 28, 2026 → May 31, 2026
ActionHoldingWeight beforeWeight afterShares vs flows
DecreaseXOMExxon Mobil Corp4.95%0.57%−88.4%
IncreaseQCOMQUALCOMM Inc2.60%5.63%+17.8%
DecreaseCVXChevron Corp5.20%2.47%−53.5%
IncreasePMPhilip Morris International In2.21%3.85%+76.1%
New positionABTAbbott Laboratories—1.59%—
DecreaseAMGNAmgen Inc3.06%1.59%−42.5%
ExitCSCOCisco Systems Inc1.43%——
DecreaseJNJJohnson & Johnson4.14%2.85%−27.5%
DecreaseMRKMerck & Co Inc4.93%3.74%−24.1%
IncreaseBXBlackstone Inc0.58%1.71%+173.5%

Full holdings and history

Under the hood
fiscal year to Nov 30, 2025SEC census
Authorized participants
4 active
of 4 with agreements; top 3 did 100%
Created · redeemed
$138M · $18M
over the fiscal year
Redemptions in kind
98%
creations 88% in kind
Creation unit
10,000
shares
Securities lending
authorized, none lent

From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.

ETF Profile
holdings as of 2026-05-31
Holdings
128
AUM
$155.0M
Provider
Nport
Inception
2025-06-25
Exchange
BATS
Data As Of
2026-05-31
Expense Ratio
0.70%
Dividend Yield
3.89%
Distribution
Monthly
Recent distributions
Ex-Date Pay Date Amount Type
2026-09-25 2026-09-28 $0.1106 CD
2026-08-26 2026-08-27 $0.0694 CD
2026-07-27 2026-07-28 $0.0789 CD
2026-06-29 2026-06-30 $0.1097 CD
2026-05-28 2026-05-29 $0.0930 CD
2026-04-27 2026-04-28 $0.2972 CD
Asset Allocation
Top Holdings
top 50 of 128 holdings
Symbol Name Weight % Asset Class Country
QCOM QUALCOMM Inc 5.63% Equity (common) US
PM Philip Morris International In 3.85% Equity (common) US
MRK Merck & Co Inc 3.74% Equity (common) US
ABBV AbbVie Inc 3.71% Equity (common) US
PG Procter & Gamble Co/The 3.59% Equity (common) US
JNJ Johnson & Johnson 2.85% Equity (common) US
— Accenture PLC 2.82% Equity (common) IE
TMUS T-Mobile US Inc 2.61% Equity (common) US
MCD McDonald's Corp 2.51% Equity (common) US
CVX Chevron Corp 2.47% Equity (common) US
TXN Texas Instruments Inc 2.38% Equity (common) US
PGR Progressive Corp/The 2.26% Equity (common) US
MO Altria Group Inc 2.23% Equity (common) US
BMY Bristol-Myers Squibb Co 2.07% Equity (common) US
LRCX Lam Research Corp 1.89% Equity (common) US
GILD Gilead Sciences Inc 1.88% Equity (common) US
AMAT Applied Materials Inc 1.86% Equity (common) US
CMCSA Comcast Corp 1.77% Equity (common) US
KLAC KLA Corp 1.72% Equity (common) US
BX Blackstone Inc 1.71% Equity (common) US
AMGN Amgen Inc 1.59% Equity (common) US
ABT Abbott Laboratories 1.59% Equity (common) US
VZ Verizon Communications Inc 1.58% Equity (common) US
ADI Analog Devices Inc 1.55% Equity (common) US
ADP Automatic Data Processing Inc 1.46% Equity (common) US
PEP PepsiCo Inc 1.41% Equity (common) US
UNP Union Pacific Corp 1.34% Equity (common) US
EOG EOG Resources Inc 1.28% Equity (common) US
T AT&T Inc 1.24% Equity (common) US
NTAP NetApp Inc 1.15% Equity (common) US
ITW Illinois Tool Works Inc 1.07% Equity (common) US
— NXP Semiconductors NV 1.00% Equity (common) NL
— TE Connectivity PLC 0.99% Equity (common) IE
COP ConocoPhillips 0.98% Equity (common) US
HPQ HP Inc 0.96% Equity (common) US
HD Home Depot Inc/The 0.81% Equity (common) US
SWKS Skyworks Solutions Inc 0.80% Equity (common) US
MRSH Marsh & McLennan Cos Inc 0.75% Equity (common) US
CL Colgate-Palmolive Co 0.72% Equity (common) US
ALL Allstate Corp/The 0.71% Equity (common) US
CTSH Cognizant Technology Solutions 0.70% Equity (common) US
LOW Lowe's Cos Inc 0.69% Equity (common) US
TJX TJX Cos Inc/The 0.68% Equity (common) US
CME CME Group Inc 0.66% Equity (common) US
FAST Fastenal Co 0.65% Equity (common) US
STT State Street Corp 0.64% Equity (common) US
MSCI MSCI Inc 0.62% Equity (common) US
PAYX Paychex Inc 0.61% Equity (common) US
XOM Exxon Mobil Corp 0.57% Equity (common) US
— Garmin Ltd 0.56% Equity (common) CH
Geographic Breakdown
Chart
Seasonality
'25'26Avg
Jan--5.72%5.72%
Feb--4.49%4.49%
Mar---3.74%-3.74%
Apr--1.61%1.61%
May--1.91%1.91%
Jun0.70%1.84%1.27%
Jul-1.24%1.79%0.28%
Aug4.06%2.67%3.36%
Sep-0.02%-3.72%-1.87%
Oct-2.06%8.23%*3.08%
Nov4.03%--4.03%
Dec-0.10%---0.10%
Total5.32%22.12%13.72%
* Only 2 year(s) of data available.
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $30.27
SMA 50: $30.36
SMA 200: $29.23
Current: $31.83
EMA 12: $30.88
EMA 26: $30.51
MACD: 0.3743 | Signal: 0.1955
BULLISH
ADX (14): 40.11
STRONG TREND
+DI: 58.01
−DI: 7.64

Momentum Oscillators

RSI (14): 75.59
OVERBOUGHT
Stoch %K: 52.69
Stoch %D: 53.84
Williams %R: -39.58

Volume & Volatility

BB Upper: $31.78
BB Lower: $28.75
OVERBOUGHT
OBV: -2,859,100
Vol SMA 20: 43,810
Vol ROC: -16.51%
ATR: $0.42
True Range: $0.51
HV 20: 11.7%
HV 30: 11.1%
HV 60: 9.9%

Data Summary

Data Points: 333
Last Updated:
Date Range: 2025-06-26T00:00:00 – 2026-10-21T00:00:00
AI Analysis

Click Frenzy-Pro™ for an AI analysis of this ticker.

Analysis includes technical indicators, news sentiment, risk assessment, and specific price levels to watch.

News
All DIVN news →

DIVN Options Activity & IV Rank

Loading options activity...
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis

Risk Metrics

Beta: 0.2798
Alpha: 16.16%
Correlation: 0.3365
R-Squared: 11.3%
Stock Volatility: 10.6%
Market Volatility: 12.8%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Beta & Alpha Over Time

DIVN Institutional Ownership (13F)

Latest filings — 2026-06-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

11 filers6,315,516 shares$185.62M value
# Filer Shares Value % of Total % of Float Period
1 Bank of New York Mellon Corp Custodian 4,940,361 $145.20M 78.23% — 2026-06-30
2 Envestnet Asset Management, Inc. 1,066,028 $31.33M 16.88% — 2026-06-30
3 Bucket List Wealth Management, LLC 159,559 $4.69M 2.53% — 2026-06-30
4 Cambridge Investment Research Advisors, Inc. 79,608 $2.34M 1.26% — 2026-06-30
5 OSAIC HOLDINGS, INC. Custodian 28,750 $844.92K 0.46% — 2026-06-30
6 GTS SECURITIES LLC 20,195 $593.55K 0.32% — 2026-06-30
7 Brookstone Capital Management 7,914 $232.59K 0.13% — 2026-06-30
8 OLD MISSION CAPITAL LLC 7,037 $206.82K 0.11% — 2026-06-30
9 US BANCORP \DE\ Custodian 5,034 $147.95K 0.08% — 2026-06-30
10 Horizon Investments, LLC 605 $17.73K <0.01% — 2026-06-30
11 SITTNER & NELSON, LLC 425 $12.49K <0.01% — 2026-06-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period
Constituent Performance

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Constituents
Symbol Name Weight % Price 1 Day 1 Week 1 Month