BGDV vs. TEXN
BGDV (Bahl & Gaynor Dividend ETF) and TEXN (iShares Texas Equity ETF) are both Large Cap Blend Equities funds. BGDV is actively managed, while TEXN is passively managed. Over the past year, BGDV returned 25.43% vs 30.05% for TEXN. A 0.57 correlation means they provide meaningful diversification when combined. BGDV charges 0.45%/yr vs 0.20%/yr for TEXN.
Performance
BGDV vs. TEXN - Performance Comparison
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Returns By Period
In the year-to-date period, BGDV achieves a 12.25% return, which is significantly lower than TEXN's 20.05% return.
BGDV
- 1D
- -1.14%
- 1M
- 1.40%
- YTD
- 12.25%
- 6M
- 11.70%
- 1Y
- 25.43%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TEXN
- 1D
- -1.33%
- 1M
- -2.29%
- YTD
- 20.05%
- 6M
- 18.60%
- 1Y
- 30.05%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BGDV vs. TEXN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BGDV Bahl & Gaynor Dividend ETF | 12.25% | 11.74% |
TEXN iShares Texas Equity ETF | 20.05% | 8.33% |
Correlation
The correlation between BGDV and TEXN is 0.57, 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 Jun 24, 2025 | 0.57 |
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Return for Risk
BGDV vs. TEXN — Risk / Return Rank
BGDV
TEXN
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BGDV vs. TEXN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bahl & Gaynor Dividend ETF (BGDV) and iShares Texas Equity ETF (TEXN). 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.
| BGDV | TEXN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.40 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.04 | — | — |
| Martin ratioReturn relative to average drawdown | 13.77 | — | — |
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Drawdowns
BGDV vs. TEXN - Drawdown Comparison
The maximum BGDV drawdown since its inception was -14.80%, which is greater than TEXN's maximum drawdown of -6.34%. Use the drawdown chart below to compare losses from any high point for BGDV and TEXN.
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Drawdown Indicators
| BGDV | TEXN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.80% | -6.34% | -8.46% |
Max Drawdown (1Y)Largest decline over 1 year | -8.41% | -6.34% | -2.07% |
Current DrawdownCurrent decline from peak | -1.36% | -4.90% | +3.54% |
Average DrawdownAverage peak-to-trough decline | -2.09% | -1.24% | -0.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.85% | — | — |
Volatility
BGDV vs. TEXN - Volatility Comparison
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Volatility by Period
| BGDV | TEXN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.50% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 8.68% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 11.42% | 14.50% | -3.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.08% | 14.50% | +0.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.08% | 14.50% | +0.58% |
BGDV vs. TEXN - Expense Ratio Comparison
BGDV has a 0.45% expense ratio, which is higher than TEXN's 0.20% expense ratio.
Dividends
BGDV vs. TEXN - Dividend Comparison
BGDV's dividend yield for the trailing twelve months is around 0.99%, less than TEXN's 1.40% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
BGDV Bahl & Gaynor Dividend ETF | 0.99% | 1.13% | 0.09% |
TEXN iShares Texas Equity ETF | 1.40% | 0.86% | 0.00% |
Frequently Asked Questions
BGDV and TEXN have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On 1-year performance, TEXN leads with 30.05% vs 25.43% for BGDV. On fees, TEXN is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, TEXN has performed better with a 30.05% return vs 25.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
TEXN is cheaper with a 0.20% expense ratio, compared with 0.45% for BGDV.
TEXN has the higher dividend yield at 1.40%, compared with 0.99% for BGDV.
They also come from different issuers: Bahl & Gaynor and iShares. Their fees differ too: 0.45% for BGDV and 0.20% for TEXN.
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