DIVN vs QQQ
Horizon Dividend Income ETF vs Invesco QQQ Trust, Series 1
Which is better, DIVN or QQQ?
Large Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. DIVN is less concentrated, with 36.3% of the fund in its ten largest positions against 46.5%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DIVN | QQQ |
|---|---|---|
| Expense Ratio | 0.70% | 0.18%Best |
| AUM | $308M | $483.5B |
| Dividend Yield | 3.64% | 0.44% |
| Holdings | 127 | 107 |
| YTD Return | +12.94% | +17.95%Best |
| 1Y Return | +15.62% | +21.77%Best |
| 3Y Return (annualized) | - | +25.63% |
| 5Y Return (annualized) | - | +15.24% |
| Volatility (annualized) | 9.2%Best | 19.7% |
| Max Drawdown | -5.5%Best | -12.0% |
| $10,000 over 1.2 years | $12,047 | $13,182Best |
| Top 10 Weight | 36.3%Best | 46.5% |
| Fund Family | Horizon Funds | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Jun 25, 2025 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 1.2 years row, are measured over the window both funds cover: Jun 26, 2025 to Sep 18, 2026 (1.2 years).
DIVN vs QQQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.2 years both funds cover.
DIVN vs QQQ Performance
Horizon Dividend Income ETF (DIVN) is an ETF from Horizon Funds and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year DIVN returned +15.62% while QQQ returned +21.77%. Year to date, DIVN is up 12.94% versus a gain of 17.95% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 19.7% compared with 9.2% for DIVN. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -5.5% for DIVN and -12.0% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.02. They move largely independently of each other.
Fees and Cost Over Time
DIVN charges 0.70% per year while QQQ charges 0.18%. On a $10,000 position that is $70 vs $18 annually, a gap of $52 per year that compounds over a long holding period. On income, DIVN currently yields 3.64% against 0.44% for QQQ.
Holdings Overlap
16.9% of DIVN's money is in holdings QQQ also owns. 5.6% of QQQ's money is in holdings DIVN also owns.
DIVN and QQQ share little of their money.
9 positions in common, counted across the 100 positions we hold weights for in DIVN and 102 in QQQ, against full books of 127 and 107.
What only one of them owns
Our book lists 87 positions for QQQ that do not appear in our book for DIVN (92.0% of the fund), and 89 for DIVN that do not appear in QQQ (82.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in DIVN | Weight in QQQ | Difference |
|---|---|---|---|
| QCOMQualcomm Inc. | 3.17% | 0.73% | 2.44% |
| AMGNAmgen Inc. | 2.87% | 0.97% | 1.90% |
| PEPPepsico Inc. | 2.43% | 0.83% | 1.60% |
| GILDGilead Sciences | 2.50% | 0.72% | 1.78% |
| TXNTexas Instrument Inc | 1.77% | 1.12% | 0.65% |
| ADPAutomatic Data Processing, Inc. | 2.01% | 0.47% | 1.54% |
| FASTFastenal Co. | 0.99% | 0.25% | 0.74% |
| FANGDiamondback Energy, Inc. | 0.68% | 0.23% | 0.45% |
| NXPINxp Semiconductors Nv Sedol B505Pn7 | 0.53% | 0.26% | 0.27% |
You are not choosing between two funds in isolation.
Whichever of DIVN and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DIVN or QQQ?
DIVN has an expense ratio of 0.70% while QQQ charges 0.18%. QQQ is the cheaper option, by $52 a year on a $10,000 investment.
Which performed better, DIVN or QQQ?
Over the past year DIVN returned +15.62% vs +21.77% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), DIVN annualized +16.79% vs +25.89% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DIVN or QQQ?
QQQ has been the more volatile fund at 19.7% annualized versus 9.2% for DIVN. Worst drawdown: DIVN -5.5% vs QQQ -12.0%.
Should I hold both DIVN and QQQ?
DIVN and QQQ have a monthly-return correlation of 0.02, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between DIVN and QQQ?
16.9% of DIVN's money is in holdings QQQ also owns. 5.6% of QQQ's is in holdings DIVN also owns. They hold 9 positions in common, counted across the 100 positions we hold weights for in DIVN and 102 in QQQ.
Which pays a higher dividend, DIVN or QQQ?
DIVN yields 3.64% while QQQ yields 0.44%, so DIVN currently pays the higher dividend yield.
Is QQQ better than DIVN?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. DIVN is less concentrated, with 36.3% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.