DHLX vs. LVDS

Last updated Jun 23, 2026

DHLX (Diamond Hill Large Cap Concentrated ETF) and LVDS (JPMorgan Fundamental Data Science Large Value ETF) are both Large Cap Value Equities funds. DHLX is passively managed, while LVDS is actively managed. A 0.70 correlation means they provide meaningful diversification when combined. DHLX charges 0.55%/yr vs 0.30%/yr for LVDS.

Performance

DHLX vs. LVDS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Diamond Hill Large Cap Concentrated ETF (DHLX) and JPMorgan Fundamental Data Science Large Value ETF (LVDS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DHLX achieves a -2.01% return, which is significantly lower than LVDS's 16.58% return.

DHLX

• 1D: -0.15%
• 1M: -1.89%
• YTD: -2.01%
• 6M: -2.55%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

LVDS

• 1D: 0.52%
• 1M: 4.03%
• YTD: 16.58%
• 6M: 16.07%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DHLX vs. LVDS - Yearly Performance Comparison

	2026 (YTD)	2025
DHLX Diamond Hill Large Cap Concentrated ETF	-2.01%	1.22%
LVDS JPMorgan Fundamental Data Science Large Value ETF	16.58%	3.83%

Correlation

The correlation between DHLX and LVDS is 0.70, 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	0.70

Return for Risk

DHLX vs. LVDS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Diamond Hill Large Cap Concentrated ETF (DHLX) and JPMorgan Fundamental Data Science Large Value ETF (LVDS). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

DHLX vs. LVDS - Drawdown Comparison

The maximum DHLX drawdown since its inception was -8.40%, which is greater than LVDS's maximum drawdown of -6.64%. Use the drawdown chart below to compare losses from any high point for DHLX and LVDS.

Drawdown Indicators

	DHLX	LVDS	Difference
Max Drawdown Largest peak-to-trough decline	-8.40%	-6.64%	-1.76%
Current Drawdown Current decline from peak	-5.84%	0.00%	-5.84%
Average Drawdown Average peak-to-trough decline	-2.55%	-0.95%	-1.60%

Volatility

Volatility by Period

	DHLX	LVDS	Difference
Volatility (1Y) Calculated over the trailing 1-year period	11.32%	10.62%	+0.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.32%	10.62%	+0.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.32%	10.62%	+0.70%

DHLX vs. LVDS - Expense Ratio Comparison

DHLX has a 0.55% expense ratio, which is higher than LVDS's 0.30% expense ratio.

Dividends

DHLX vs. LVDS - Dividend Comparison

DHLX's dividend yield for the trailing twelve months is around 0.41%, less than LVDS's 7.36% yield.

Position	TTM	2025
DHLX Diamond Hill Large Cap Concentrated ETF	0.41%	0.15%
LVDS JPMorgan Fundamental Data Science Large Value ETF	7.36%	8.25%

Frequently Asked Questions

Can I hold both DHLX and LVDS in my portfolio?

DHLX and LVDS have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DHLX or LVDS?

On fees, LVDS is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DHLX or LVDS?

LVDS is cheaper with a 0.30% expense ratio, compared with 0.55% for DHLX.

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

LVDS has the higher dividend yield at 7.36%, compared with 0.41% for DHLX.

What is the main difference between DHLX and LVDS?

They also come from different issuers: Diamond Hill and JPMorgan. Their fees differ too: 0.55% for DHLX and 0.30% for LVDS.