DIVN vs VTI
Horizon Dividend Income ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, DIVN or VTI?
Large Cap Value against Large Cap Blend.
VTI has a lower expense ratio. VTI led over 1Y and the full window. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 36.3%.
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 | VTI |
|---|---|---|
| Expense Ratio | 0.70% | 0.03%Best |
| AUM | $308M | $666.9B |
| Dividend Yield | 3.64% | 1.03% |
| Holdings | 127 | 3,543 |
| YTD Return | +12.94%Best | +12.30% |
| 1Y Return | +15.62% | +16.08%Best |
| 3Y Return (annualized) | - | +21.01% |
| 5Y Return (annualized) | - | +12.36% |
| Volatility (annualized) | 9.2%Best | 11.8% |
| Max Drawdown | -5.5%Best | -8.9% |
| $10,000 over 1.2 years | $12,047 | $12,548Best |
| Top 10 Weight | 36.3% | 33.3%Best |
| Fund Family | Horizon Funds | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Jun 25, 2025 | May 24, 2001 |
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 VTI 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 VTI Performance
Horizon Dividend Income ETF (DIVN) is an ETF from Horizon Funds and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year DIVN returned +15.62% while VTI returned +16.08%. Year to date, DIVN is up 12.94% versus a gain of 12.30% for VTI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VTI has been the more volatile fund, with annualized monthly volatility of 11.8% 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 -8.9% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.25. They move largely independently of each other.
Fees and Cost Over Time
DIVN charges 0.70% per year while VTI charges 0.03%. On a $10,000 position that is $70 vs $3 annually, a gap of $67 per year that compounds over a long holding period. On income, DIVN currently yields 3.64% against 1.03% for VTI.
Holdings Overlap
97.4% of DIVN's money is in holdings VTI also owns. 10.7% of VTI's money is in holdings DIVN also owns.
Most of DIVN is already inside VTI. Owning both mostly buys the same companies twice.
95 positions in common, counted across the 100 positions we hold weights for in DIVN and 3,463 in VTI, against full books of 127 and 3,543.
What only one of them owns
Our book lists 1,056 positions for VTI that do not appear in our book for DIVN (86.7% of the fund), and 4 for DIVN that do not appear in VTI (1.7%).
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 VTI | Difference |
|---|---|---|---|
| CVXChevron Corp | 5.07% | 0.52% | 4.55% |
| PMPhilip Morris International Inc. | 4.99% | 0.41% | 4.58% |
| PGProcter & Gamble Company | 4.58% | 0.47% | 4.11% |
| ABBVAbbvie Inc. | 4.22% | 0.61% | 3.61% |
| MCDMcdonald'S Corp | 3.55% | 0.27% | 3.28% |
| QCOMQualcomm Inc. | 3.17% | 0.22% | 2.95% |
| AMGNAmgen Inc. | 2.87% | 0.29% | 2.58% |
| COPConocophillips Common Stock USD 0.01 | 2.79% | 0.20% | 2.59% |
| MRKMerck & Company Inc | 2.36% | 0.45% | 1.91% |
| VZVerizon Communic | 2.53% | 0.24% | 2.29% |
97.4% of DIVN is already inside VTI.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DIVN or VTI?
DIVN has an expense ratio of 0.70% while VTI charges 0.03%. VTI is the cheaper option, by $67 a year on a $10,000 investment.
Which performed better, DIVN or VTI?
Over the past year DIVN returned +15.62% vs +16.08% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (1 years), DIVN annualized +16.79% vs +20.82% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DIVN or VTI?
VTI has been the more volatile fund at 11.8% annualized versus 9.2% for DIVN. Worst drawdown: DIVN -5.5% vs VTI -8.9%.
Should I hold both DIVN and VTI?
DIVN and VTI have a monthly-return correlation of 0.25, 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 VTI?
97.4% of DIVN's money is in holdings VTI also owns. 10.7% of VTI's is in holdings DIVN also owns. They hold 95 positions in common, counted across the 100 positions we hold weights for in DIVN and 3,463 in VTI.
Which pays a higher dividend, DIVN or VTI?
DIVN yields 3.64% while VTI yields 1.03%, so DIVN currently pays the higher dividend yield.
Is VTI better than DIVN?
VTI has a lower expense ratio. VTI led over 1Y and the full window. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 36.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.