BGIG vs. DHLX

Last updated Jun 23, 2026

BGIG (Bahl & Gaynor Income Growth ETF) and DHLX (Diamond Hill Large Cap Concentrated ETF) are both Large Cap Value Equities funds. BGIG is actively managed, while DHLX is passively managed. A 0.61 correlation means they provide meaningful diversification when combined. BGIG charges 0.45%/yr vs 0.55%/yr for DHLX.

Performance

BGIG vs. DHLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bahl & Gaynor Income Growth ETF (BGIG) 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, BGIG achieves a 10.40% return, which is significantly higher than DHLX's -2.01% return.

BGIG

• 1D: 0.41%
• 1M: 0.23%
• YTD: 10.40%
• 6M: 10.18%
• 1Y: 21.10%
• 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)

BGIG vs. DHLX - Yearly Performance Comparison

	2026 (YTD)	2025
BGIG Bahl & Gaynor Income Growth ETF	10.40%	1.63%
DHLX Diamond Hill Large Cap Concentrated ETF	-2.01%	1.22%

Correlation

The correlation between BGIG and DHLX is 0.61, 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	0.61

Return for Risk

BGIG vs. DHLX — Risk / Return Rank

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

BGIG

BGIG Risk / Return Rank: 76
BGIG Sharpe Ratio Rank: 76
BGIG Sortino Ratio Rank: 79
BGIG Omega Ratio Rank: 74
BGIG Calmar Ratio Rank: 74
BGIG Martin Ratio Rank: 76

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.

BGIG vs. DHLX - Risk-Adjusted Trends Comparison

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

	BGIG	DHLX	Difference
Sharpe ratio: Return per unit of total volatility	2.34	—	—
Sortino ratio: Return per unit of downside risk	3.34	—	—
Omega ratio: Gain probability vs. loss probability	1.42	—	—
Calmar ratio: Return relative to maximum drawdown	3.65	—	—
Martin ratio: Return relative to average drawdown	14.09	—	—

Drawdowns

BGIG vs. DHLX - Drawdown Comparison

The maximum BGIG drawdown since its inception was -13.24%, which is greater than DHLX's maximum drawdown of -8.40%. Use the drawdown chart below to compare losses from any high point for BGIG and DHLX.

Drawdown Indicators

	BGIG	DHLX	Difference
Max Drawdown Largest peak-to-trough decline	-13.24%	-8.40%	-4.84%
Max Drawdown (1Y) Largest decline over 1 year	-5.81%	—	—
Current Drawdown Current decline from peak	-0.39%	-5.84%	+5.45%
Average Drawdown Average peak-to-trough decline	-1.75%	-2.55%	+0.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.50%	—	—

Volatility

Volatility by Period

	BGIG	DHLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.44%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.73%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.07%	11.32%	-2.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.91%	11.32%	+0.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.91%	11.32%	+0.59%

BGIG vs. DHLX - Expense Ratio Comparison

BGIG has a 0.45% expense ratio, which is lower than DHLX's 0.55% expense ratio.

Dividends

BGIG vs. DHLX - Dividend Comparison

BGIG's dividend yield for the trailing twelve months is around 1.74%, more than DHLX's 0.41% yield.

Position	TTM	2025	2024	2023
BGIG Bahl & Gaynor Income Growth ETF	1.74%	1.89%	2.02%	0.78%
DHLX Diamond Hill Large Cap Concentrated ETF	0.41%	0.15%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BGIG and DHLX in my portfolio?

BGIG and DHLX have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BGIG or DHLX?

On fees, BGIG is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BGIG or DHLX?

BGIG is cheaper with a 0.45% expense ratio, compared with 0.55% for DHLX.

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

BGIG has the higher dividend yield at 1.74%, compared with 0.41% for DHLX.

What is the main difference between BGIG and DHLX?

They also come from different issuers: Bahl & Gaynor and Diamond Hill. Their fees differ too: 0.45% for BGIG and 0.55% for DHLX.