DIVN vs. DLN
DIVN (Horizon Dividend Income ETF) and DLN (WisdomTree U.S. LargeCap Dividend Fund) are both Large Cap Value Equities funds. Their correlation of 0.80 suggests significant overlap in exposure. DIVN charges 0.70%/yr vs 0.28%/yr for DLN.
Performance
DIVN vs. DLN - Performance Comparison
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Returns By Period
In the year-to-date period, DIVN achieves a 11.82% return, which is significantly higher than DLN's 9.95% return.
DIVN
- 1D
- -0.34%
- 1M
- -0.67%
- YTD
- 11.82%
- 6M
- 11.10%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DLN
- 1D
- -0.13%
- 1M
- 0.05%
- YTD
- 9.95%
- 6M
- 9.49%
- 1Y
- 21.42%
- 3Y*
- 18.12%
- 5Y*
- 12.49%
- 10Y*
- 12.86%
DIVN vs. DLN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
DIVN Horizon Dividend Income ETF | 11.82% | 8.11% |
DLN WisdomTree U.S. LargeCap Dividend Fund | 9.95% | 10.09% |
Correlation
The correlation between DIVN and DLN is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025 | 0.80 |
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Return for Risk
DIVN vs. DLN — Risk / Return Rank
DIVN
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
DLN
DIVN vs. DLN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Horizon Dividend Income ETF (DIVN) and WisdomTree U.S. LargeCap Dividend Fund (DLN). 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.
| DIVN | DLN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.43 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.53 | — |
| Martin ratioReturn relative to average drawdown | — | 14.80 | — |
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Drawdowns
DIVN vs. DLN - Drawdown Comparison
The maximum DIVN drawdown since its inception was -5.55%, smaller than the maximum DLN drawdown of -57.84%. Use the drawdown chart below to compare losses from any high point for DIVN and DLN.
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Drawdown Indicators
| DIVN | DLN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.55% | -57.84% | +52.29% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.10% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -13.71% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -16.26% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.82% | — |
Current DrawdownCurrent decline from peak | -1.94% | -1.12% | -0.82% |
Average DrawdownAverage peak-to-trough decline | -1.42% | -7.50% | +6.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.45% | — |
Volatility
DIVN vs. DLN - Volatility Comparison
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Volatility by Period
| DIVN | DLN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.78% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 7.00% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 10.56% | 9.03% | +1.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.56% | 13.27% | -2.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.56% | 16.14% | -5.58% |
DIVN vs. DLN - Expense Ratio Comparison
DIVN has a 0.70% expense ratio, which is higher than DLN's 0.28% expense ratio.
Dividends
DIVN vs. DLN - Dividend Comparison
DIVN's dividend yield for the trailing twelve months is around 3.12%, more than DLN's 1.79% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DIVN Horizon Dividend Income ETF | 3.12% | 1.47% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DLN WisdomTree U.S. LargeCap Dividend Fund | 1.79% | 1.90% | 2.00% | 2.43% | 2.53% | 2.01% | 2.66% | 2.51% | 2.90% | 2.33% | 2.64% | 2.80% |
Frequently Asked Questions
DIVN and DLN have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DLN is cheaper at 0.28% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DLN is cheaper with a 0.28% expense ratio, compared with 0.70% for DIVN.
DIVN has the higher dividend yield at 3.12%, compared with 1.79% for DLN.
They also come from different issuers: Horizon and WisdomTree. Their fees differ too: 0.70% for DIVN and 0.28% for DLN.
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