DCPE vs. BGIG

Last updated Jun 4, 2026

DCPE (DoubleLine Shiller CAPE US Equities ETF) and BGIG (Bahl & Gaynor Income Growth ETF) are both Large Cap Value Equities funds. DCPE is passively managed, while BGIG is actively managed. Over the past year, DCPE returned 3.29% vs 19.51% for BGIG. A 0.75 correlation means they provide meaningful diversification when combined. DCPE charges 0.65%/yr vs 0.45%/yr for BGIG.

Performance

DCPE vs. BGIG - Performance Comparison

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

Returns By Period

In the year-to-date period, DCPE achieves a -1.70% return, which is significantly lower than BGIG's 9.84% return.

DCPE

• 1D: -0.48%
• 1M: -1.99%
• YTD: -1.70%
• 6M: -1.38%
• 1Y: 3.29%
• 3Y*: 12.19%
• 5Y*: —
• 10Y*: —

BGIG

• 1D: -0.23%
• 1M: 1.82%
• YTD: 9.84%
• 6M: 9.56%
• 1Y: 19.51%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DCPE vs. BGIG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
DCPE DoubleLine Shiller CAPE US Equities ETF	-1.70%	9.10%	14.40%	7.67%
BGIG Bahl & Gaynor Income Growth ETF	9.84%	12.49%	16.84%	4.55%

Correlation

The correlation between DCPE and BGIG is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.68
Correlation (All Time) Calculated using the full available price history since Sep 18, 2023	0.75

The correlation between DCPE and BGIG has been stable across timeframes, ranging from 0.68 to 0.75 - a consistent structural relationship.

Return for Risk

DCPE vs. BGIG — Risk / Return Rank

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

DCPE

DCPE Risk / Return Rank: 14
DCPE Sharpe Ratio Rank: 14
DCPE Sortino Ratio Rank: 13
DCPE Omega Ratio Rank: 13
DCPE Calmar Ratio Rank: 13
DCPE Martin Ratio Rank: 15

BGIG

BGIG Risk / Return Rank: 68
BGIG Sharpe Ratio Rank: 66
BGIG Sortino Ratio Rank: 69
BGIG Omega Ratio Rank: 65
BGIG Calmar Ratio Rank: 68
BGIG Martin Ratio Rank: 70

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.

DCPE vs. BGIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DoubleLine Shiller CAPE US Equities ETF (DCPE) and Bahl & Gaynor Income Growth ETF (BGIG). 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.

	DCPE	BGIG	Difference
Sharpe ratio: Return per unit of total volatility	0.30	2.18	-1.88
Sortino ratio: Return per unit of downside risk	0.52	3.13	-2.61
Omega ratio: Gain probability vs. loss probability	1.06	1.39	-0.33
Calmar ratio: Return relative to maximum drawdown	0.34	3.37	-3.03
Martin ratio: Return relative to average drawdown	1.24	12.97	-11.73
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DCPE vs. BGIG - Sharpe Ratio Comparison

The current DCPE Sharpe Ratio is 0.30, which is lower than the BGIG Sharpe Ratio of 2.18. The chart below compares the historical Sharpe Ratios of DCPE and BGIG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DCPE	BGIG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.30	2.18	-1.88
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	1.38	-0.96

Drawdowns

DCPE vs. BGIG - Drawdown Comparison

The maximum DCPE drawdown since its inception was -22.07%, which is greater than BGIG's maximum drawdown of -13.24%. Use the drawdown chart below to compare losses from any high point for DCPE and BGIG.

Drawdown Indicators

	DCPE	BGIG	Difference
Max Drawdown Largest peak-to-trough decline	-22.07%	-13.24%	-8.83%
Max Drawdown (1Y) Largest decline over 1 year	-9.68%	-5.81%	-3.87%
Max Drawdown (3Y) Largest decline over 3 years	-14.32%	—	—
Current Drawdown Current decline from peak	-4.83%	-0.28%	-4.55%
Average Drawdown Average peak-to-trough decline	-4.93%	-1.70%	-3.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.65%	1.51%	+1.14%

Volatility

DCPE vs. BGIG - Volatility Comparison

DoubleLine Shiller CAPE US Equities ETF (DCPE) and Bahl & Gaynor Income Growth ETF (BGIG) have volatilities of 2.63% and 2.57%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DCPE	BGIG	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.63%	2.57%	+0.06%
Volatility (6M) Calculated over the trailing 6-month period	8.04%	6.72%	+1.32%
Volatility (1Y) Calculated over the trailing 1-year period	10.89%	9.00%	+1.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.93%	11.94%	+4.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.93%	11.94%	+4.99%

DCPE vs. BGIG - Expense Ratio Comparison

DCPE has a 0.65% expense ratio, which is higher than BGIG's 0.45% expense ratio.

Dividends

DCPE vs. BGIG - Dividend Comparison

DCPE's dividend yield for the trailing twelve months is around 1.41%, less than BGIG's 1.75% yield.

Position	TTM	2025	2024	2023	2022
BGIG Bahl & Gaynor Income Growth ETF	1.75%	1.89%	2.02%	0.78%	0.00%
DCPE DoubleLine Shiller CAPE US Equities ETF	1.41%	1.39%	1.23%	1.01%	0.80%

Frequently Asked Questions

Can I hold both DCPE and BGIG in my portfolio?

DCPE and BGIG have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DCPE or BGIG?

DCPE has higher volatility (2.63%) compared to BGIG (2.57%). In terms of maximum drawdown, DCPE dropped -22.07% vs BGIG's -13.24%.

Which ETF is better, DCPE or BGIG?

On 1-year performance, BGIG leads with 19.51% vs 3.29% for DCPE. On fees, BGIG is cheaper at 0.45% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DCPE or BGIG?

Over the 1-year period, BGIG has performed better with a 19.51% return vs 3.29%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DCPE or BGIG?

BGIG is cheaper with a 0.45% expense ratio, compared with 0.65% for DCPE.

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

BGIG has the higher dividend yield at 1.75%, compared with 1.41% for DCPE.

What is the main difference between DCPE and BGIG?

They also come from different issuers: DoubleLine and Bahl & Gaynor. Their fees differ too: 0.65% for DCPE and 0.45% for BGIG.

Which has better risk-adjusted returns?

BGIG currently has the higher Sharpe Ratio (2.18 vs 0.30), 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.