DIVN vs. PRXV

Last updated Jun 4, 2026

DIVN (Horizon Dividend Income ETF) and PRXV (Praxis Impact Large Cap Value ETF) are both Large Cap Value Equities funds. A 0.80 correlation means they provide meaningful diversification when combined. DIVN charges 0.70%/yr vs 0.36%/yr for PRXV.

Performance

DIVN vs. PRXV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Horizon Dividend Income ETF (DIVN) and Praxis Impact Large Cap Value ETF (PRXV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DIVN

• 1D: 0.21%
• 1M: 3.29%
• YTD: 11.87%
• 6M: 11.53%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PRXV

• 1D: -0.03%
• 1M: 4.27%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DIVN vs. PRXV - Yearly Performance Comparison

	2026 (YTD)
DIVN Horizon Dividend Income ETF	3.56%
PRXV Praxis Impact Large Cap Value ETF	4.51%

Correlation

The correlation between DIVN and PRXV is 0.80, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 21, 2026	0.80

Return for Risk

DIVN vs. PRXV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Horizon Dividend Income ETF (DIVN) and Praxis Impact Large Cap Value ETF (PRXV). 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.

Sharpe Ratios by Period

	DIVN	PRXV	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.13	4.54	-2.41

Drawdowns

DIVN vs. PRXV - Drawdown Comparison

The maximum DIVN drawdown since its inception was -5.55%, which is greater than PRXV's maximum drawdown of -1.18%. Use the drawdown chart below to compare losses from any high point for DIVN and PRXV.

Drawdown Indicators

	DIVN	PRXV	Difference
Max Drawdown Largest peak-to-trough decline	-5.55%	-1.18%	-4.37%
Current Drawdown Current decline from peak	-0.63%	-0.03%	-0.60%
Average Drawdown Average peak-to-trough decline	-1.45%	-0.32%	-1.13%

Volatility

Volatility by Period

	DIVN	PRXV	Difference
Volatility (1Y) Calculated over the trailing 1-year period	10.56%	9.66%	+0.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.56%	9.66%	+0.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.56%	9.66%	+0.90%

DIVN vs. PRXV - Expense Ratio Comparison

DIVN has a 0.70% expense ratio, which is higher than PRXV's 0.36% expense ratio.

Dividends

DIVN vs. PRXV - Dividend Comparison

DIVN's dividend yield for the trailing twelve months is around 3.12%, while PRXV has not paid dividends to shareholders.

Position	TTM	2025
DIVN Horizon Dividend Income ETF	3.12%	1.47%
PRXV Praxis Impact Large Cap Value ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both DIVN and PRXV in my portfolio?

DIVN and PRXV 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.

Which ETF is better, DIVN or PRXV?

On fees, PRXV is cheaper at 0.36% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DIVN or PRXV?

PRXV is cheaper with a 0.36% expense ratio, compared with 0.70% for DIVN.

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

DIVN has the higher dividend yield at 3.12%, compared with 0.00% for PRXV.

What is the main difference between DIVN and PRXV?

They also come from different issuers: Horizon and Praxis. Their fees differ too: 0.70% for DIVN and 0.36% for PRXV.