DHMAX vs. DHEIX
Compare and contrast key facts about Diamond Hill Small-Mid Cap Fund (DHMAX) and Diamond Hill Short Duration Securitized Bond Fund Class I (DHEIX).
DHMAX is managed by Diamond Hill. It was launched on Dec 30, 2005. DHEIX is a passively managed fund by Diamond Hill that tracks the performance of the Bloomberg US 1-3 Yr. Gov./Credit Index. It was launched on Jul 5, 2016.
Performance
DHMAX vs. DHEIX - Performance Comparison
Loading graphics...
DHMAX vs. DHEIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DHMAX Diamond Hill Small-Mid Cap Fund | -5.16% | 15.26% | 7.77% | 11.15% | -13.88% | 30.75% | 1.03% | 27.39% | -12.85% | 4.88% |
DHEIX Diamond Hill Short Duration Securitized Bond Fund Class I | 0.82% | 6.06% | 9.33% | 8.91% | -3.38% | 2.74% | 3.09% | 4.85% | 3.18% | 4.23% |
Returns By Period
In the year-to-date period, DHMAX achieves a -5.16% return, which is significantly lower than DHEIX's 0.82% return.
DHMAX
- 1D
- -0.36%
- 1M
- -10.04%
- YTD
- -5.16%
- 6M
- 1.90%
- 1Y
- 14.11%
- 3Y*
- 8.42%
- 5Y*
- 5.14%
- 10Y*
- 7.17%
DHEIX
- 1D
- 0.13%
- 1M
- -0.27%
- YTD
- 0.82%
- 6M
- 1.75%
- 1Y
- 5.26%
- 3Y*
- 7.69%
- 5Y*
- 4.48%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DHMAX vs. DHEIX - Expense Ratio Comparison
DHMAX has a 1.21% expense ratio, which is higher than DHEIX's 0.53% expense ratio.
Return for Risk
DHMAX vs. DHEIX — Risk / Return Rank
DHMAX
DHEIX
DHMAX vs. DHEIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Diamond Hill Small-Mid Cap Fund (DHMAX) and Diamond Hill Short Duration Securitized Bond Fund Class I (DHEIX). 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.
| DHMAX | DHEIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.72 | 4.60 | -3.89 |
Sortino ratioReturn per unit of downside risk | 1.20 | 8.07 | -6.87 |
Omega ratioGain probability vs. loss probability | 1.15 | 2.53 | -1.38 |
Calmar ratioReturn relative to maximum drawdown | 1.02 | 10.74 | -9.72 |
Martin ratioReturn relative to average drawdown | 3.52 | 40.46 | -36.95 |
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
| DHMAX | DHEIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.72 | 4.60 | -3.89 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.26 | 2.96 | -2.69 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.34 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 1.87 | -1.53 |
Correlation
The correlation between DHMAX and DHEIX is -0.01. 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
DHMAX vs. DHEIX - Dividend Comparison
DHMAX's dividend yield for the trailing twelve months is around 12.95%, more than DHEIX's 5.98% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DHMAX Diamond Hill Small-Mid Cap Fund | 12.95% | 12.28% | 7.75% | 1.00% | 5.01% | 5.55% | 0.49% | 4.81% | 4.51% | 0.45% | 1.74% | 1.20% |
DHEIX Diamond Hill Short Duration Securitized Bond Fund Class I | 5.98% | 5.51% | 6.21% | 5.52% | 3.72% | 2.62% | 3.22% | 4.05% | 3.74% | 3.45% | 0.00% | 0.00% |
Drawdowns
DHMAX vs. DHEIX - Drawdown Comparison
The maximum DHMAX drawdown since its inception was -57.04%, which is greater than DHEIX's maximum drawdown of -12.33%. Use the drawdown chart below to compare losses from any high point for DHMAX and DHEIX.
Loading graphics...
Drawdown Indicators
| DHMAX | DHEIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.04% | -12.33% | -44.71% |
Max Drawdown (1Y)Largest decline over 1 year | -13.01% | -0.50% | -12.51% |
Max Drawdown (5Y)Largest decline over 5 years | -23.02% | -4.87% | -18.15% |
Max Drawdown (10Y)Largest decline over 10 years | -45.46% | — | — |
Current DrawdownCurrent decline from peak | -10.73% | -0.27% | -10.46% |
Average DrawdownAverage peak-to-trough decline | -7.42% | -0.77% | -6.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.78% | 0.13% | +3.65% |
Volatility
DHMAX vs. DHEIX - Volatility Comparison
Diamond Hill Small-Mid Cap Fund (DHMAX) has a higher volatility of 4.53% compared to Diamond Hill Short Duration Securitized Bond Fund Class I (DHEIX) at 0.38%. This indicates that DHMAX's price experiences larger fluctuations and is considered to be riskier than DHEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| DHMAX | DHEIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.53% | 0.38% | +4.15% |
Volatility (6M)Calculated over the trailing 6-month period | 12.70% | 0.73% | +11.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.20% | 1.15% | +20.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.61% | 1.52% | +18.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.12% | 2.28% | +18.84% |