# Portfolio overlap — DIVL vs DIVN

Comparing **Madison Dividend Value ETF** (2026-03-31) and **Horizon Dividend Income ETF** (2026-02-28).

- Shared positions: 20
- Madison Dividend Value ETF covered by Horizon Dividend Income ETF: 0.3988403866787647185404636901
- Horizon Dividend Income ETF covered by Madison Dividend Value ETF: 0.3988403866787647185404636901

## Madison Dividend Value ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| EXXON MOBIL CORP | 0.054457 | ✓ |
| CHEVRON CORP | 0.052650 | ✓ |
| JOHNSON&JOHNSON | 0.052491 | ✓ |
| NEXTERA ENERGY INC | 0.043414 |  |
| CME GROUP INC CL A | 0.042009 | ✓ |
| HONEYWELL INTL INC | 0.039321 |  |
| PROCTER & GAMBLE | 0.037183 | ✓ |
| CONOCOPHILLIPS | 0.036899 | ✓ |
| TEXAS INSTRUMENTS INC | 0.034284 | ✓ |
| ILLINOIS TOOL WORKS INC | 0.031177 | ✓ |
| UNION PACIFIC CORP | 0.030918 | ✓ |
| ABBVIE INC | 0.030467 | ✓ |
| HOME DEPOT INC | 0.028371 | ✓ |
| MEDTRONIC PLC | 0.027847 |  |
| ANALOG DEVICES INC | 0.027617 | ✓ |
| SLB LTD | 0.027247 | ✓ |
| LOWES COS INC | 0.026297 | ✓ |
| COCA-COLA CO/THE | 0.026189 |  |
| MCDONALDS CORP | 0.025525 | ✓ |
| AMGEN INC | 0.024225 | ✓ |
| AIR PRODUCTS and CHEMICALS INC | 0.023901 |  |
| AGNICO EAGLE MINES LTD | 0.023611 |  |
| FASTENAL CO | 0.023156 | ✓ |
| PROLOGIS INC REIT | 0.022483 |  |
| COLGATE-PALMOLIVE CO | 0.021373 | ✓ |
| JPMORGAN CHASE and CO | 0.019830 |  |
| BLACKROCK INC | 0.019464 |  |
| NUTRIEN LTD | 0.016316 |  |
| CUMMINS INC | 0.016253 |  |
| MORGAN STANLEY | 0.015584 |  |
| BANK OF AMERICA CORPORATION | 0.015371 |  |
| EXPEDITORS INTL OF WASH INC | 0.015368 |  |
| BUNGE GLOBAL SA | 0.012554 |  |
| EOG RESOURCES INC | 0.012473 | ✓ |
| STATE STREET CORP | 0.011589 |  |
| ROCKWELL AUTOMATION INC | 0.010165 |  |
| WEC ENERGY GROUP INC | 0.009822 |  |
| MARSH & MCLENNAN | 0.009748 | ✓ |
| US BANK MMDA - USBGFS 9 | 0.002350 |  |

## Horizon Dividend Income ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| CHEVRON CORP | 0.051971 | ✓ |
| EXXON MOBIL CORP | 0.049459 | ✓ |
| MERCK & CO | 0.049185 |  |
| JOHNSON&JOHNSON | 0.041393 | ✓ |
| PROCTER & GAMBLE | 0.038231 | ✓ |
| AMGEN INC | 0.030533 | ✓ |
| ABBVIE INC | 0.028400 | ✓ |
| MCDONALDS CORP | 0.028124 | ✓ |
| QUALCOMM INC | 0.025953 |  |
| ACCENTURE PLC CL A | 0.025019 |  |
| T-MOBILE US INC | 0.024524 |  |
| VERIZON COMMUNICATIONS INC | 0.023920 |  |
| GILEAD SCIENCES INC | 0.023425 |  |
| PHILIP MORRIS INTL INC | 0.022034 |  |
| APPLIED MATERIALS INC | 0.021495 |  |
| ALTRIA GROUP INC | 0.020506 |  |
| TEXAS INSTRUMENTS INC | 0.019234 | ✓ |
| COMCAST CORP CL A | 0.018686 |  |
| BRISTOL-MYERS SQUIBB CO | 0.018578 |  |
| PROGRESSIVE CORP OHIO | 0.018575 |  |
| UNION PACIFIC CORP | 0.017749 | ✓ |
| LAM RESEARCH CORP | 0.016598 |  |
| HOME DEPOT INC | 0.015701 | ✓ |
| ANALOG DEVICES INC | 0.015554 | ✓ |
| CISCO SYSTEMS INC | 0.014327 |  |
| CONOCOPHILLIPS | 0.014200 | ✓ |
| KLA CORP | 0.013204 |  |
| AT&T INC | 0.012579 |  |
| PEPSICO INC | 0.011883 |  |
| ILLINOIS TOOL WORKS INC | 0.011668 | ✓ |
| EOG RESOURCES INC | 0.010584 | ✓ |
| PACCAR INC | 0.010108 |  |
| COLGATE-PALMOLIVE CO | 0.009122 | ✓ |
| AUTOMATIC DATA PROCESSING INC | 0.008500 |  |
| LOWES COS INC | 0.008063 | ✓ |
| TE CONNECTIVITY PLC | 0.007973 |  |
| COGNIZANT TECH SOLUTIONS CL A | 0.007512 |  |
| MARSH & MCLENNAN | 0.007302 | ✓ |
| PFIZER INC | 0.007140 |  |
| NXP SEMICONDUCTORS NV | 0.006837 |  |
| NETAPP INC | 0.006764 |  |
| HERSHEY CO/THE | 0.006050 |  |
| SKYWORKS SOLUTIONS INC | 0.005838 |  |
| GARMIN LTD | 0.005835 |  |
| BLACKSTONE INC | 0.005814 |  |
| HP INC | 0.005657 |  |
| TARGA RESOURCES CORP | 0.005569 |  |
| OCCIDENTAL PETROLEUM CORP | 0.005529 |  |
| ZOETIS INC CL A | 0.005453 |  |
| CME GROUP INC CL A | 0.005339 | ✓ |


## Sources

- N-PORT (fund A) — accession `0001193125-26-244446` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/1976877/000119312526244446/0001193125-26-244446-index.htm>
- N-PORT (fund B) — accession `0000894189-26-013899` (as of 2026-02-28)
  <https://www.sec.gov/Archives/edgar/data/1643174/000089418926013899/0000894189-26-013899-index.htm>

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