I am honestly more worried about horizon than I will ever be about Zelda.
What we have seen about Horizon looks great no doubt, but I can't shake the feeling that it will suffer from a lot of untapped potential instances that seems to plague most AAA games today.
It has a great combat system and overall theme, but will it have dungeons, environmental puzzles, a well thought story? Or will it just be an open world robo dino simulator littered with tons of fetch and collection quests and glorified hunts.
I don't think ones performance will affect the other though, being that they are both exclusives to their respective platforms and the best game anyone of those platforms can get within a week of eachother this year. So both will sell well.