DIVN vs. SEIV

Last updated Aug 4, 2026

DIVN (Horizon Dividend Income ETF) and SEIV (SEI QiM U.S. Large Cap Value Active ETF) are both Large Cap Value Equities funds. Both are actively managed. Over the past year, DIVN returned 22.46% vs 42.78% for SEIV. Their 0.62 correlation means they have sometimes moved together and sometimes differently. DIVN charges 0.70%/yr vs 0.15%/yr for SEIV.

Performance

DIVN vs. SEIV - Performance Comparison

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

Returns By Period

In the year-to-date period, DIVN achieves a 14.73% return, which is significantly lower than SEIV's 20.90% return.

DIVN

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

SEIV

• 1D: 1.08%
• 1M: 4.15%
• 6M: 17.50%
• YTD: 20.90%
• 1Y: 42.78%
• 3Y*: 25.70%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 19.74%

*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)
DIVN Horizon Dividend Income ETF	$11.52M	$5.71M	$2.75M
SEIV SEI QiM U.S. Large Cap Value Active ETF	$9.14M	$9.18M	$6.19M

DIVN vs. SEIV - Yearly Performance Comparison

	2026 (YTD)	2025
DIVN Horizon Dividend Income ETF	14.73%	8.11%
SEIV SEI QiM U.S. Large Cap Value Active ETF	20.90%	20.15%

Correlation

The correlation between DIVN and SEIV is 0.61, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.61
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025	0.62

The correlation between DIVN and SEIV has been stable across timeframes, ranging from 0.61 to 0.62 - a consistent structural relationship.

Return for Risk

DIVN vs. SEIV — Risk / Return Rank

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

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

SEIV

SEIV Risk / Return Rank: 96
SEIV Sharpe Ratio Rank: 97
SEIV Sortino Ratio Rank: 96
SEIV Omega Ratio Rank: 96
SEIV Calmar Ratio Rank: 96
SEIV Martin Ratio Rank: 96

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.

DIVN vs. SEIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Horizon Dividend Income ETF (DIVN) and SEI QiM U.S. Large Cap Value Active ETF (SEIV). 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	SEIV	Difference
Sharpe ratio: Return per unit of total volatility	2.18	3.37	-1.19
Sortino ratio: Return per unit of downside risk	3.35	4.57	-1.22
Omega ratio: Gain probability vs. loss probability	1.39	1.61	-0.22
Calmar ratio: Return relative to maximum drawdown	4.06	6.19	-2.12
Martin ratio: Return relative to average drawdown	11.43	22.94	-11.51

DIVN vs. SEIV - Sharpe Ratio Comparison

The current DIVN Sharpe Ratio is 2.18, which is lower than the SEIV Sharpe Ratio of 3.37. The chart below compares the historical Sharpe Ratios of DIVN and SEIV, 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

DIVN vs. SEIV - Drawdown Comparison

The maximum DIVN drawdown since its inception was -5.55%, smaller than the maximum SEIV drawdown of -18.18%. Use the drawdown chart below to compare losses from any high point for DIVN and SEIV.

Drawdown Indicators

	DIVN	SEIV	Difference
Max Drawdown Largest peak-to-trough decline	-5.55%	-18.18%	+12.63%
Max Drawdown (1Y) Largest decline over 1 year	-5.55%	-6.95%	+1.40%
Max Drawdown (3Y) Largest decline over 3 years	—	-17.71%	—
Current Drawdown Current decline from peak	-1.45%	0.00%	-1.45%
Average Drawdown Average peak-to-trough decline	-1.35%	-3.42%	+2.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.97%	1.87%	+0.10%

Volatility

DIVN vs. SEIV - Volatility Comparison

The current volatility for Horizon Dividend Income ETF (DIVN) is 3.04%, while SEI QiM U.S. Large Cap Value Active ETF (SEIV) has a volatility of 3.44%. This indicates that DIVN experiences smaller price fluctuations and is considered to be less risky than SEIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DIVN	SEIV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.04%	3.44%	-0.40%
Volatility (6M) Calculated over the trailing 6-month period	7.52%	9.52%	-2.00%
Volatility (1Y) Calculated over the trailing 1-year period	10.36%	12.76%	-2.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.51%	16.54%	-6.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.51%	16.54%	-6.03%

DIVN vs. SEIV - Expense Ratio Comparison

DIVN has a 0.70% expense ratio, which is higher than SEIV's 0.15% expense ratio.

Dividends

DIVN vs. SEIV - Dividend Comparison

DIVN's dividend yield for the trailing twelve months is around 3.70%, more than SEIV's 1.43% yield.

Position	TTM	2025	2024	2023	2022
DIVN Horizon Dividend Income ETF	3.70%	1.47%	0.00%	0.00%	0.00%
SEIV SEI QiM U.S. Large Cap Value Active ETF	1.43%	1.51%	1.66%	2.08%	1.63%

Frequently Asked Questions

Can I hold both DIVN and SEIV in my portfolio?

DIVN and SEIV have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DIVN or SEIV?

SEIV has higher volatility (3.44%) compared to DIVN (3.04%). In terms of maximum drawdown, DIVN dropped -5.55% vs SEIV's -18.18%.

Which ETF is better, DIVN or SEIV?

On 1-year performance, SEIV leads with 42.78% vs 22.46% for DIVN. On fees, SEIV is cheaper at 0.15% per year. On volatility, DIVN has been the lower-risk option at 3.04%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DIVN or SEIV?

Over the 1-year period, SEIV has performed better with a 42.78% return vs 22.46%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DIVN or SEIV?

SEIV is cheaper with a 0.15% expense ratio, compared with 0.70% for DIVN.

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

DIVN has the higher dividend yield at 3.70%, compared with 1.43% for SEIV.

What is the main difference between DIVN and SEIV?

They also come from different issuers: Horizon and SEI. Their fees differ too: 0.70% for DIVN and 0.15% for SEIV.

Which has better risk-adjusted returns?

SEIV currently has the higher Sharpe Ratio (3.37 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.