BGIG vs. DIVN
BGIG (Bahl & Gaynor Income Growth ETF) and DIVN (Horizon Dividend Income ETF) are both Large Cap Value Equities funds. A 0.78 correlation means they provide meaningful diversification when combined. BGIG charges 0.45%/yr vs 0.70%/yr for DIVN.
Performance
BGIG vs. DIVN - Performance Comparison
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Returns By Period
In the year-to-date period, BGIG achieves a 9.84% return, which is significantly lower than DIVN's 11.87% return.
BGIG
- 1D
- -0.23%
- 1M
- 1.82%
- YTD
- 9.84%
- 6M
- 9.56%
- 1Y
- 19.51%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DIVN
- 1D
- 0.21%
- 1M
- 3.29%
- YTD
- 11.87%
- 6M
- 11.53%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BGIG vs. DIVN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BGIG Bahl & Gaynor Income Growth ETF | 9.84% | 8.03% |
DIVN Horizon Dividend Income ETF | 11.87% | 7.95% |
Correlation
The correlation between BGIG and DIVN is 0.78, 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 27, 2025 | 0.78 |
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Return for Risk
BGIG vs. DIVN — Risk / Return Rank
BGIG
DIVN
BGIG vs. DIVN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bahl & Gaynor Income Growth ETF (BGIG) and Horizon Dividend Income ETF (DIVN). 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.
| BGIG | DIVN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.39 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.37 | — | — |
| Martin ratioReturn relative to average drawdown | 12.97 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BGIG | DIVN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.18 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.38 | 2.13 | -0.75 |
Drawdowns
BGIG vs. DIVN - Drawdown Comparison
The maximum BGIG drawdown since its inception was -13.24%, which is greater than DIVN's maximum drawdown of -5.55%. Use the drawdown chart below to compare losses from any high point for BGIG and DIVN.
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Drawdown Indicators
| BGIG | DIVN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.24% | -5.55% | -7.69% |
Max Drawdown (1Y)Largest decline over 1 year | -5.81% | — | — |
Current DrawdownCurrent decline from peak | -0.28% | -0.63% | +0.35% |
Average DrawdownAverage peak-to-trough decline | -1.70% | -1.45% | -0.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.51% | — | — |
Volatility
BGIG vs. DIVN - Volatility Comparison
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Volatility by Period
| BGIG | DIVN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.57% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 6.72% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 9.00% | 10.56% | -1.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.94% | 10.56% | +1.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.94% | 10.56% | +1.38% |
BGIG vs. DIVN - Expense Ratio Comparison
BGIG has a 0.45% expense ratio, which is lower than DIVN's 0.70% expense ratio.
Dividends
BGIG vs. DIVN - Dividend Comparison
BGIG's dividend yield for the trailing twelve months is around 1.75%, less than DIVN's 3.12% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
BGIG Bahl & Gaynor Income Growth ETF | 1.75% | 1.89% | 2.02% | 0.78% |
DIVN Horizon Dividend Income ETF | 3.12% | 1.47% | 0.00% | 0.00% |
Frequently Asked Questions
BGIG and DIVN have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
BGIG is cheaper with a 0.45% expense ratio, compared with 0.70% for DIVN.
DIVN has the higher dividend yield at 3.12%, compared with 1.75% for BGIG.
They also come from different issuers: Bahl & Gaynor and Horizon. Their fees differ too: 0.45% for BGIG and 0.70% for DIVN.
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