BDIV vs. DHLX

Last updated Jun 23, 2026

BDIV (AAM Brentview Dividend Growth ETF) and DHLX (Diamond Hill Large Cap Concentrated ETF) are both Large Cap Value Equities funds. BDIV is actively managed, while DHLX is passively managed. A 0.56 correlation means they provide meaningful diversification when combined. BDIV charges 0.49%/yr vs 0.55%/yr for DHLX.

Performance

BDIV vs. DHLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AAM Brentview Dividend Growth ETF (BDIV) and Diamond Hill Large Cap Concentrated ETF (DHLX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BDIV achieves a 8.25% return, which is significantly higher than DHLX's -2.01% return.

BDIV

• 1D: -0.01%
• 1M: 0.46%
• YTD: 8.25%
• 6M: 8.18%
• 1Y: 22.08%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DHLX

• 1D: -0.15%
• 1M: -1.89%
• YTD: -2.01%
• 6M: -2.55%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BDIV vs. DHLX - Yearly Performance Comparison

	2026 (YTD)	2025
BDIV AAM Brentview Dividend Growth ETF	8.25%	2.00%
DHLX Diamond Hill Large Cap Concentrated ETF	-2.01%	1.22%

Correlation

The correlation between BDIV and DHLX is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 29, 2025	0.56

Return for Risk

BDIV vs. DHLX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BDIV

BDIV Risk / Return Rank: 72
BDIV Sharpe Ratio Rank: 74
BDIV Sortino Ratio Rank: 78
BDIV Omega Ratio Rank: 72
BDIV Calmar Ratio Rank: 65
BDIV Martin Ratio Rank: 70

DHLX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BDIV vs. DHLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AAM Brentview Dividend Growth ETF (BDIV) and Diamond Hill Large Cap Concentrated ETF (DHLX). 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.

	BDIV	DHLX	Difference
Sharpe ratio: Return per unit of total volatility	2.29	—	—
Sortino ratio: Return per unit of downside risk	3.32	—	—
Omega ratio: Gain probability vs. loss probability	1.41	—	—
Calmar ratio: Return relative to maximum drawdown	3.16	—	—
Martin ratio: Return relative to average drawdown	12.57	—	—

Drawdowns

BDIV vs. DHLX - Drawdown Comparison

The maximum BDIV drawdown since its inception was -14.98%, which is greater than DHLX's maximum drawdown of -8.40%. Use the drawdown chart below to compare losses from any high point for BDIV and DHLX.

Drawdown Indicators

	BDIV	DHLX	Difference
Max Drawdown Largest peak-to-trough decline	-14.98%	-8.40%	-6.58%
Max Drawdown (1Y) Largest decline over 1 year	-7.01%	—	—
Current Drawdown Current decline from peak	-0.79%	-5.84%	+5.05%
Average Drawdown Average peak-to-trough decline	-1.95%	-2.55%	+0.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.76%	—	—

Volatility

Volatility by Period

	BDIV	DHLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.49%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.32%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.72%	11.32%	-1.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.31%	11.32%	+1.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.31%	11.32%	+1.99%

BDIV vs. DHLX - Expense Ratio Comparison

BDIV has a 0.49% expense ratio, which is lower than DHLX's 0.55% expense ratio.

Dividends

BDIV vs. DHLX - Dividend Comparison

BDIV's dividend yield for the trailing twelve months is around 1.57%, more than DHLX's 0.41% yield.

Position	TTM	2025	2024
BDIV AAM Brentview Dividend Growth ETF	1.57%	1.14%	0.62%
DHLX Diamond Hill Large Cap Concentrated ETF	0.41%	0.15%	0.00%

Frequently Asked Questions

Can I hold both BDIV and DHLX in my portfolio?

BDIV and DHLX have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BDIV or DHLX?

On fees, BDIV is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BDIV or DHLX?

BDIV is cheaper with a 0.49% expense ratio, compared with 0.55% for DHLX.

Which ETF pays a higher dividend yield, BDIV or DHLX?

BDIV has the higher dividend yield at 1.57%, compared with 0.41% for DHLX.

What is the main difference between BDIV and DHLX?

They also come from different issuers: AAM and Diamond Hill. Their fees differ too: 0.49% for BDIV and 0.55% for DHLX.