DIVN vs. NVIR
DIVN (Horizon Dividend Income ETF) and NVIR (Horizon Kinetics Energy Remediation ETF) are both exchange-traded funds - DIVN is a Large Cap Value Equities fund managed by Horizon, while NVIR is a Energy Equities fund actively managed by Horizon. At a 0.39 correlation, their price movements are largely independent. DIVN charges 0.70%/yr vs 0.85%/yr for NVIR.
Performance
DIVN vs. NVIR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DIVN achieves a 11.87% return, which is significantly lower than NVIR's 22.17% return.
DIVN
- 1D
- 0.21%
- 1M
- 3.29%
- YTD
- 11.87%
- 6M
- 11.53%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NVIR
- 1D
- 0.66%
- 1M
- -1.59%
- YTD
- 22.17%
- 6M
- 19.29%
- 1Y
- 34.67%
- 3Y*
- 19.49%
- 5Y*
- —
- 10Y*
- —
DIVN vs. NVIR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
DIVN Horizon Dividend Income ETF | 11.87% | 7.95% |
NVIR Horizon Kinetics Energy Remediation ETF | 22.17% | 8.16% |
Correlation
The correlation between DIVN and NVIR is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 27, 2025 | 0.39 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DIVN vs. NVIR — Risk / Return Rank
DIVN
NVIR
DIVN vs. NVIR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Horizon Dividend Income ETF (DIVN) and Horizon Kinetics Energy Remediation ETF (NVIR). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading charts...
Sharpe Ratios by Period
| DIVN | NVIR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 2.18 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.13 | 0.90 | +1.22 |
Drawdowns
DIVN vs. NVIR - Drawdown Comparison
The maximum DIVN drawdown since its inception was -5.55%, smaller than the maximum NVIR drawdown of -22.47%. Use the drawdown chart below to compare losses from any high point for DIVN and NVIR.
Loading charts...
Drawdown Indicators
| DIVN | NVIR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.55% | -22.47% | +16.92% |
Max Drawdown (1Y)Largest decline over 1 year | — | -7.04% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -22.47% | — |
Current DrawdownCurrent decline from peak | -0.63% | -3.08% | +2.45% |
Average DrawdownAverage peak-to-trough decline | -1.45% | -4.58% | +3.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.43% | — |
Volatility
DIVN vs. NVIR - Volatility Comparison
Loading charts...
Volatility by Period
| DIVN | NVIR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 5.78% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 12.26% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 10.56% | 16.05% | -5.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.56% | 19.24% | -8.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.56% | 19.24% | -8.68% |
DIVN vs. NVIR - Expense Ratio Comparison
DIVN has a 0.70% expense ratio, which is lower than NVIR's 0.85% expense ratio.
Dividends
DIVN vs. NVIR - Dividend Comparison
DIVN's dividend yield for the trailing twelve months is around 3.12%, more than NVIR's 0.75% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
DIVN Horizon Dividend Income ETF | 3.12% | 1.47% | 0.00% | 0.00% |
NVIR Horizon Kinetics Energy Remediation ETF | 0.75% | 0.92% | 1.50% | 1.34% |
Frequently Asked Questions
DIVN and NVIR have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DIVN is cheaper at 0.70% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DIVN is cheaper with a 0.70% expense ratio, compared with 0.85% for NVIR.
DIVN has the higher dividend yield at 3.12%, compared with 0.75% for NVIR.
DIVN is categorized as Large Cap Value Equities, while NVIR is Energy Equities. Their fees differ too: 0.70% for DIVN and 0.85% for NVIR.
Find the right allocation for DIVN and NVIR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer