APRT vs. DIVN

Last updated Aug 4, 2026

APRT (AllianzIM U.S. Large Cap Buffer10 Apr ETF) and DIVN (Horizon Dividend Income ETF) are both exchange-traded funds - APRT is a Options Trading fund actively managed by Allianz, while DIVN is a Large Cap Value Equities fund actively managed by Horizon. Both are actively managed. Over the past year, APRT returned 17.25% vs 22.46% for DIVN. Their 0.41 correlation means their historical movements had little consistent relationship. APRT charges 0.74%/yr vs 0.70%/yr for DIVN.

Performance

APRT vs. DIVN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AllianzIM U.S. Large Cap Buffer10 Apr ETF (APRT) and Horizon Dividend Income ETF (DIVN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, APRT achieves a 11.37% return, which is significantly lower than DIVN's 14.73% return.

APRT

• 1D: 0.40%
• 1M: 1.14%
• 6M: 10.51%
• YTD: 11.37%
• 1Y: 17.25%
• 3Y*: 13.70%
• 5Y*: 10.45%
• 10Y*: —
• ALL TIME*: 11.33%

DIVN

• 1D: -0.06%
• 1M: 1.08%
• 6M: 7.52%
• YTD: 14.73%
• 1Y: 22.46%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.56%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
APRT AllianzIM U.S. Large Cap Buffer10 Apr ETF	$57.33K	$824.76K	$467.35K
DIVN Horizon Dividend Income ETF	$11.52M	$5.71M	$2.75M

APRT vs. DIVN - Yearly Performance Comparison

	2026 (YTD)	2025
APRT AllianzIM U.S. Large Cap Buffer10 Apr ETF	11.37%	6.96%
DIVN Horizon Dividend Income ETF	14.73%	8.11%

Correlation

The correlation between APRT and DIVN is 0.42, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.42
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025	0.41

Return for Risk

APRT vs. DIVN — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

APRT

APRT Risk / Return Rank: 98
APRT Sharpe Ratio Rank: 97
APRT Sortino Ratio Rank: 97
APRT Omega Ratio Rank: 97
APRT Calmar Ratio Rank: 98
APRT Martin Ratio Rank: 98

DIVN

DIVN Risk / Return Rank: 86
DIVN Sharpe Ratio Rank: 85
DIVN Sortino Ratio Rank: 90
DIVN Omega Ratio Rank: 83
DIVN Calmar Ratio Rank: 90
DIVN Martin Ratio Rank: 79

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

APRT vs. DIVN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AllianzIM U.S. Large Cap Buffer10 Apr ETF (APRT) and Horizon Dividend Income ETF (DIVN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	APRT	DIVN	Difference
Sharpe ratio: Return per unit of total volatility	3.32	2.18	+1.14
Sortino ratio: Return per unit of downside risk	5.60	3.35	+2.26
Omega ratio: Gain probability vs. loss probability	1.79	1.39	+0.41
Calmar ratio: Return relative to maximum drawdown	10.89	4.06	+6.83
Martin ratio: Return relative to average drawdown	49.20	11.43	+37.77

APRT vs. DIVN - Sharpe Ratio Comparison

The current APRT Sharpe Ratio is 3.32, which is higher than the DIVN Sharpe Ratio of 2.18. The chart below compares the historical Sharpe Ratios of APRT and DIVN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

APRT vs. DIVN - Drawdown Comparison

The maximum APRT drawdown since its inception was -14.98%, which is greater than DIVN's maximum drawdown of -5.55%. Use the drawdown chart below to compare losses from any high point for APRT and DIVN.

Drawdown Indicators

	APRT	DIVN	Difference
Max Drawdown Largest peak-to-trough decline	-14.98%	-5.55%	-9.43%
Max Drawdown (1Y) Largest decline over 1 year	-1.59%	-5.55%	+3.96%
Max Drawdown (3Y) Largest decline over 3 years	-14.98%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-14.98%	—	—
Current Drawdown Current decline from peak	0.00%	-1.45%	+1.45%
Average Drawdown Average peak-to-trough decline	-2.01%	-1.35%	-0.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.35%	1.97%	-1.62%

Volatility

APRT vs. DIVN - Volatility Comparison

The current volatility for AllianzIM U.S. Large Cap Buffer10 Apr ETF (APRT) is 1.51%, while Horizon Dividend Income ETF (DIVN) has a volatility of 3.04%. This indicates that APRT experiences smaller price fluctuations and is considered to be less risky than DIVN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	APRT	DIVN	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.51%	3.04%	-1.53%
Volatility (6M) Calculated over the trailing 6-month period	4.52%	7.52%	-3.00%
Volatility (1Y) Calculated over the trailing 1-year period	5.23%	10.36%	-5.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.79%	10.51%	+0.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.20%	10.51%	-0.31%

APRT vs. DIVN - Expense Ratio Comparison

APRT has a 0.74% expense ratio, which is higher than DIVN's 0.70% expense ratio.

Dividends

APRT vs. DIVN - Dividend Comparison

APRT has not paid dividends to shareholders, while DIVN's dividend yield for the trailing twelve months is around 3.70%.

Position	TTM	2025	2024	2023	2022	2021	2020
APRT AllianzIM U.S. Large Cap Buffer10 Apr ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	4.67%
DIVN Horizon Dividend Income ETF	3.70%	1.47%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both APRT and DIVN in my portfolio?

APRT and DIVN have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, APRT or DIVN?

DIVN has higher volatility (3.04%) compared to APRT (1.51%). In terms of maximum drawdown, APRT dropped -14.98% vs DIVN's -5.55%.

Which ETF is better, APRT or DIVN?

On 1-year performance, DIVN leads with 22.46% vs 17.25% for APRT. On fees, DIVN is cheaper at 0.70% per year. On volatility, APRT has been the lower-risk option at 1.51%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, APRT or DIVN?

Over the 1-year period, DIVN has performed better with a 22.46% return vs 17.25%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, APRT or DIVN?

DIVN is cheaper with a 0.70% expense ratio, compared with 0.74% for APRT.

Which ETF pays a higher dividend yield, APRT or DIVN?

DIVN has the higher dividend yield at 3.70%, compared with 0.00% for APRT.

What is the main difference between APRT and DIVN?

APRT is categorized as Options Trading, while DIVN is Large Cap Value Equities. They also come from different issuers: Allianz and Horizon. Their fees differ too: 0.74% for APRT and 0.70% for DIVN.

Which has better risk-adjusted returns?

APRT currently has the higher Sharpe Ratio (3.32 vs 2.18), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.