DHLAX vs. DHRAX
Compare and contrast key facts about Diamond Hill Large Cap Fund (DHLAX) and Diamond Hill Core Bond Fund (DHRAX).
DHLAX is managed by Diamond Hill. It was launched on Jun 29, 2001. DHRAX is managed by Diamond Hill. It was launched on Jul 5, 2016.
Performance
DHLAX vs. DHRAX - Performance Comparison
Loading graphics...
DHLAX vs. DHRAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DHLAX Diamond Hill Large Cap Fund | -2.50% | 5.34% | 22.53% | 13.36% | -13.67% | 25.40% | 8.63% | 31.84% | -9.89% | 18.69% |
DHRAX Diamond Hill Core Bond Fund | 0.16% | 6.55% | 3.18% | 6.20% | -12.05% | -1.24% | 7.60% | 7.63% | 1.28% | 3.75% |
Returns By Period
In the year-to-date period, DHLAX achieves a -2.50% return, which is significantly lower than DHRAX's 0.16% return.
DHLAX
- 1D
- 1.66%
- 1M
- -6.08%
- YTD
- -2.50%
- 6M
- -1.21%
- 1Y
- 1.48%
- 3Y*
- 12.87%
- 5Y*
- 6.75%
- 10Y*
- 10.37%
DHRAX
- 1D
- 0.11%
- 1M
- -1.47%
- YTD
- 0.16%
- 6M
- 0.81%
- 1Y
- 3.76%
- 3Y*
- 4.25%
- 5Y*
- 0.84%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DHLAX vs. DHRAX - Expense Ratio Comparison
DHLAX has a 0.96% expense ratio, which is higher than DHRAX's 0.76% expense ratio.
Return for Risk
DHLAX vs. DHRAX — Risk / Return Rank
DHLAX
DHRAX
DHLAX vs. DHRAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Diamond Hill Large Cap Fund (DHLAX) and Diamond Hill Core Bond Fund (DHRAX). 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.
| DHLAX | DHRAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.09 | 1.02 | -0.94 |
Sortino ratioReturn per unit of downside risk | 0.24 | 1.48 | -1.24 |
Omega ratioGain probability vs. loss probability | 1.03 | 1.18 | -0.15 |
Calmar ratioReturn relative to maximum drawdown | 0.22 | 1.69 | -1.47 |
Martin ratioReturn relative to average drawdown | 0.74 | 4.72 | -3.98 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| DHLAX | DHRAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.09 | 1.02 | -0.94 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.41 | 0.15 | +0.26 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.57 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.50 | -0.04 |
Correlation
The correlation between DHLAX and DHRAX is -0.09. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
DHLAX vs. DHRAX - Dividend Comparison
DHLAX's dividend yield for the trailing twelve months is around 6.21%, more than DHRAX's 4.38% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DHLAX Diamond Hill Large Cap Fund | 6.21% | 6.05% | 19.46% | 3.07% | 6.34% | 7.28% | 3.01% | 4.50% | 4.28% | 4.53% | 6.30% | 4.79% |
DHRAX Diamond Hill Core Bond Fund | 4.38% | 4.02% | 4.72% | 4.05% | 2.63% | 1.99% | 2.05% | 2.49% | 2.69% | 2.24% | 0.00% | 0.00% |
Drawdowns
DHLAX vs. DHRAX - Drawdown Comparison
The maximum DHLAX drawdown since its inception was -52.68%, which is greater than DHRAX's maximum drawdown of -16.15%. Use the drawdown chart below to compare losses from any high point for DHLAX and DHRAX.
Loading graphics...
Drawdown Indicators
| DHLAX | DHRAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.68% | -16.15% | -36.53% |
Max Drawdown (1Y)Largest decline over 1 year | -11.85% | -2.50% | -9.35% |
Max Drawdown (5Y)Largest decline over 5 years | -23.36% | -16.15% | -7.21% |
Max Drawdown (10Y)Largest decline over 10 years | -38.92% | — | — |
Current DrawdownCurrent decline from peak | -6.75% | -1.79% | -4.96% |
Average DrawdownAverage peak-to-trough decline | -7.58% | -3.74% | -3.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.49% | 0.89% | +2.60% |
Volatility
DHLAX vs. DHRAX - Volatility Comparison
Diamond Hill Large Cap Fund (DHLAX) has a higher volatility of 3.79% compared to Diamond Hill Core Bond Fund (DHRAX) at 1.51%. This indicates that DHLAX's price experiences larger fluctuations and is considered to be riskier than DHRAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| DHLAX | DHRAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.79% | 1.51% | +2.28% |
Volatility (6M)Calculated over the trailing 6-month period | 8.63% | 2.38% | +6.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.51% | 3.92% | +12.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.44% | 5.48% | +10.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.33% | 4.68% | +13.65% |