BGIG vs. BGDV

Last updated Jun 26, 2026

BGIG (Bahl & Gaynor Income Growth ETF) and BGDV (Bahl & Gaynor Dividend ETF) are both exchange-traded funds - BGIG is a Large Cap Value Equities fund actively managed by Bahl & Gaynor, while BGDV is a Large Cap Blend Equities fund actively managed by Bahl & Gaynor. Both are actively managed. Over the past year, BGIG returned 20.71% vs 24.80% for BGDV. Their correlation of 0.89 suggests significant overlap in exposure. Both charge a 0.45% expense ratio.

Performance

BGIG vs. BGDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bahl & Gaynor Income Growth ETF (BGIG) and Bahl & Gaynor Dividend ETF (BGDV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BGIG achieves a 10.74% return, which is significantly lower than BGDV's 12.74% return.

BGIG

• 1D: 0.42%
• 1M: 1.00%
• YTD: 10.74%
• 6M: 9.91%
• 1Y: 20.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BGDV

• 1D: 0.25%
• 1M: 1.44%
• YTD: 12.74%
• 6M: 11.75%
• 1Y: 24.80%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BGIG vs. BGDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BGIG Bahl & Gaynor Income Growth ETF	10.74%	12.49%	-0.95%
BGDV Bahl & Gaynor Dividend ETF	12.74%	13.74%	-2.05%

Correlation

The correlation between BGIG and BGDV is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.84
Correlation (All Time) Calculated using the full available price history since Dec 12, 2024	0.89

The correlation between BGIG and BGDV has been stable across timeframes, ranging from 0.84 to 0.89 - a consistent structural relationship.

Return for Risk

BGIG vs. BGDV — Risk / Return Rank

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

BGIG

BGIG Risk / Return Rank: 81
BGIG Sharpe Ratio Rank: 82
BGIG Sortino Ratio Rank: 85
BGIG Omega Ratio Rank: 80
BGIG Calmar Ratio Rank: 78
BGIG Martin Ratio Rank: 80

BGDV

BGDV Risk / Return Rank: 76
BGDV Sharpe Ratio Rank: 78
BGDV Sortino Ratio Rank: 79
BGDV Omega Ratio Rank: 76
BGDV Calmar Ratio Rank: 67
BGDV Martin Ratio Rank: 79

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.

BGIG vs. BGDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bahl & Gaynor Income Growth ETF (BGIG) and Bahl & Gaynor Dividend ETF (BGDV). 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.

	BGIG	BGDV	Difference
Sharpe ratio: Return per unit of total volatility	2.32	2.20	+0.11
Sortino ratio: Return per unit of downside risk	3.31	3.11	+0.20
Omega ratio: Gain probability vs. loss probability	1.42	1.40	+0.02
Calmar ratio: Return relative to maximum drawdown	3.58	2.96	+0.62
Martin ratio: Return relative to average drawdown	13.82	13.41	+0.41

BGIG vs. BGDV - Sharpe Ratio Comparison

The current BGIG Sharpe Ratio is 2.32, which is comparable to the BGDV Sharpe Ratio of 2.20. The chart below compares the historical Sharpe Ratios of BGIG and BGDV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BGIG vs. BGDV - Drawdown Comparison

The maximum BGIG drawdown since its inception was -13.24%, smaller than the maximum BGDV drawdown of -14.80%. Use the drawdown chart below to compare losses from any high point for BGIG and BGDV.

Drawdown Indicators

	BGIG	BGDV	Difference
Max Drawdown Largest peak-to-trough decline	-13.24%	-14.80%	+1.56%
Max Drawdown (1Y) Largest decline over 1 year	-5.81%	-8.41%	+2.60%
Current Drawdown Current decline from peak	-0.08%	-0.92%	+0.84%
Average Drawdown Average peak-to-trough decline	-1.74%	-2.09%	+0.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.50%	1.85%	-0.35%

Volatility

BGIG vs. BGDV - Volatility Comparison

The current volatility for Bahl & Gaynor Income Growth ETF (BGIG) is 2.36%, while Bahl & Gaynor Dividend ETF (BGDV) has a volatility of 3.45%. This indicates that BGIG experiences smaller price fluctuations and is considered to be less risky than BGDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BGIG	BGDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.36%	3.45%	-1.09%
Volatility (6M) Calculated over the trailing 6-month period	6.72%	8.66%	-1.94%
Volatility (1Y) Calculated over the trailing 1-year period	9.02%	11.33%	-2.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.88%	15.05%	-3.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.88%	15.05%	-3.17%

BGIG vs. BGDV - Expense Ratio Comparison

Both BGIG and BGDV have an expense ratio of 0.45%.

Dividends

BGIG vs. BGDV - Dividend Comparison

BGIG's dividend yield for the trailing twelve months is around 1.73%, more than BGDV's 0.98% yield.

Position	TTM	2025	2024	2023
BGDV Bahl & Gaynor Dividend ETF	0.98%	1.13%	0.09%	0.00%
BGIG Bahl & Gaynor Income Growth ETF	1.73%	1.89%	2.02%	0.78%

Frequently Asked Questions

Can I hold both BGIG and BGDV in my portfolio?

BGIG and BGDV have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BGIG or BGDV?

BGDV has higher volatility (3.45%) compared to BGIG (2.36%). In terms of maximum drawdown, BGIG dropped -13.24% vs BGDV's -14.80%.

Which ETF is better, BGIG or BGDV?

On 1-year performance, BGDV leads with 24.80% vs 20.71% for BGIG. Both ETFs have the same 0.45% expense ratio. On volatility, BGIG has been the lower-risk option at 2.36%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BGIG or BGDV?

Over the 1-year period, BGDV has performed better with a 24.80% return vs 20.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BGIG or BGDV?

BGIG and BGDV have the same expense ratio: 0.45% per year.

Which ETF pays a higher dividend yield, BGIG or BGDV?

BGIG has the higher dividend yield at 1.73%, compared with 0.98% for BGDV.

What is the main difference between BGIG and BGDV?

BGIG is categorized as Large Cap Value Equities, while BGDV is Large Cap Blend Equities.

Which has better risk-adjusted returns?

BGIG currently has the higher Sharpe Ratio (2.32 vs 2.20), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.