DIVB vs. HLN

Last updated Jun 4, 2026

DIVB (iShares U.S. Dividend and Buyback ETF) is Large Cap Blend Equities fund tracking the Morningstar US Dividend and Buyback Index, while HLN (Haleon plc) is a stock. Over the past 3 years, DIVB returned 22.07%/yr vs 3.50%/yr for HLN. At a 0.26 correlation, their price movements are largely independent.

Performance

DIVB vs. HLN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares U.S. Dividend and Buyback ETF (DIVB) and Haleon plc (HLN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DIVB achieves a 17.35% return, which is significantly higher than HLN's -12.61% return.

DIVB

• 1D: -0.56%
• 1M: 8.55%
• YTD: 17.35%
• 6M: 17.71%
• 1Y: 29.81%
• 3Y*: 22.07%
• 5Y*: 12.19%
• 10Y*: —

HLN

• 1D: 0.23%
• 1M: -5.63%
• YTD: -12.61%
• 6M: -7.09%
• 1Y: -19.56%
• 3Y*: 3.50%
• 5Y*: —
• 10Y*: —

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

DIVB vs. HLN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
DIVB iShares U.S. Dividend and Buyback ETF	17.35%	15.09%	18.59%	13.27%	0.94%
HLN Haleon plc	-12.61%	7.84%	17.99%	4.21%	7.96%

Correlation

The correlation between DIVB and HLN is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.22
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (All Time) Calculated using the full available price history since Jul 25, 2022	0.26

Return for Risk

DIVB vs. HLN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DIVB

DIVB Risk / Return Rank: 79
DIVB Sharpe Ratio Rank: 80
DIVB Sortino Ratio Rank: 82
DIVB Omega Ratio Rank: 77
DIVB Calmar Ratio Rank: 82
DIVB Martin Ratio Rank: 76

HLN

HLN Risk / Return Rank: 7
HLN Sharpe Ratio Rank: 6
HLN Sortino Ratio Rank: 8
HLN Omega Ratio Rank: 10
HLN Calmar Ratio Rank: 6
HLN Martin Ratio Rank: 5

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DIVB vs. HLN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Dividend and Buyback ETF (DIVB) and Haleon plc (HLN). 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.

	DIVB	HLN	Difference
Sharpe ratio Return per unit of total volatility	2.65	-0.93	+3.58
Sortino ratio Return per unit of downside risk	3.73	-1.27	+5.00
Omega ratio Gain probability vs. loss probability	1.47	0.86	+0.61
Calmar ratio Return relative to maximum drawdown	4.39	-0.90	+5.29
Martin ratio Return relative to average drawdown	14.95	-1.55	+16.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DIVB vs. HLN - Sharpe Ratio Comparison

The current DIVB Sharpe Ratio is 2.65, which is higher than the HLN Sharpe Ratio of -0.93. The chart below compares the historical Sharpe Ratios of DIVB and HLN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DIVB	HLN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.65	-0.93	+3.58
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.80	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	0.25	+0.51

Drawdowns

DIVB vs. HLN - Drawdown Comparison

The maximum DIVB drawdown since its inception was -36.93%, which is greater than HLN's maximum drawdown of -24.83%. Use the drawdown chart below to compare losses from any high point for DIVB and HLN.

Drawdown Indicators

	DIVB	HLN	Difference
Max Drawdown Largest peak-to-trough decline	-36.93%	-24.83%	-12.10%
Max Drawdown (1Y) Largest decline over 1 year	-6.82%	-21.78%	+14.96%
Max Drawdown (3Y) Largest decline over 3 years	-15.45%	-23.11%	+7.66%
Max Drawdown (5Y) Largest decline over 5 years	-21.08%	—	—
Current Drawdown Current decline from peak	-0.56%	-22.09%	+21.53%
Average Drawdown Average peak-to-trough decline	-4.99%	-8.37%	+3.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.00%	12.66%	-10.66%

Volatility

DIVB vs. HLN - Volatility Comparison

The current volatility for iShares U.S. Dividend and Buyback ETF (DIVB) is 3.34%, while Haleon plc (HLN) has a volatility of 5.70%. This indicates that DIVB experiences smaller price fluctuations and is considered to be less risky than HLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DIVB	HLN	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.34%	5.70%	-2.36%
Volatility (6M) Calculated over the trailing 6-month period	8.44%	15.92%	-7.48%
Volatility (1Y) Calculated over the trailing 1-year period	11.33%	21.23%	-9.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.23%	23.83%	-8.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.38%	23.83%	-5.45%

Dividends

DIVB vs. HLN - Dividend Comparison

DIVB's dividend yield for the trailing twelve months is around 2.19%, which matches HLN's 2.17% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
DIVB iShares U.S. Dividend and Buyback ETF	2.19%	2.50%	2.61%	3.18%	2.02%	1.63%	2.08%	2.07%	2.52%	0.37%
HLN Haleon plc	2.17%	1.73%	1.65%	1.26%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DIVB and HLN in my portfolio?

DIVB and HLN have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DIVB or HLN?

HLN has higher volatility (5.70%) compared to DIVB (3.34%). In terms of maximum drawdown, DIVB dropped -36.93% vs HLN's -24.83%.

Which has better risk-adjusted returns?

DIVB currently has the higher Sharpe Ratio (2.65 vs -0.93), 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.