DHPAX vs. ARFFX
Compare and contrast key facts about Diamond Hill Mid Cap Fund (DHPAX) and Ariel Focus Fund (ARFFX).
DHPAX is managed by Diamond Hill. It was launched on Dec 31, 2013. ARFFX is managed by Ariel Investments. It was launched on Jun 30, 2005.
Performance
DHPAX vs. ARFFX - Performance Comparison
Loading graphics...
DHPAX vs. ARFFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DHPAX Diamond Hill Mid Cap Fund | -2.69% | 12.95% | 10.48% | 9.19% | -13.67% | 30.87% | -2.01% | 25.38% | -10.58% | 10.13% |
ARFFX Ariel Focus Fund | 7.30% | 21.00% | 13.39% | 6.98% | -9.12% | 21.14% | 6.90% | 25.62% | -13.23% | 15.01% |
Returns By Period
In the year-to-date period, DHPAX achieves a -2.69% return, which is significantly lower than ARFFX's 7.30% return. Over the past 10 years, DHPAX has underperformed ARFFX with an annualized return of 7.57%, while ARFFX has yielded a comparatively higher 10.71% annualized return.
DHPAX
- 1D
- 2.44%
- 1M
- -7.82%
- YTD
- -2.69%
- 6M
- 0.23%
- 1Y
- 10.90%
- 3Y*
- 10.61%
- 5Y*
- 5.47%
- 10Y*
- 7.57%
ARFFX
- 1D
- 1.80%
- 1M
- -5.04%
- YTD
- 7.30%
- 6M
- 6.68%
- 1Y
- 35.08%
- 3Y*
- 16.21%
- 5Y*
- 8.06%
- 10Y*
- 10.71%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DHPAX vs. ARFFX - Expense Ratio Comparison
DHPAX has a 1.07% expense ratio, which is higher than ARFFX's 1.00% expense ratio.
Return for Risk
DHPAX vs. ARFFX — Risk / Return Rank
DHPAX
ARFFX
DHPAX vs. ARFFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Diamond Hill Mid Cap Fund (DHPAX) and Ariel Focus Fund (ARFFX). 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.
| DHPAX | ARFFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.60 | 1.83 | -1.22 |
Sortino ratioReturn per unit of downside risk | 0.99 | 2.49 | -1.50 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.38 | -0.25 |
Calmar ratioReturn relative to maximum drawdown | 1.00 | 2.51 | -1.51 |
Martin ratioReturn relative to average drawdown | 3.82 | 9.72 | -5.89 |
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
| DHPAX | ARFFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.60 | 1.83 | -1.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.29 | 0.44 | -0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.37 | 0.54 | -0.18 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.35 | +0.01 |
Correlation
The correlation between DHPAX and ARFFX is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
DHPAX vs. ARFFX - Dividend Comparison
DHPAX's dividend yield for the trailing twelve months is around 18.58%, more than ARFFX's 11.82% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DHPAX Diamond Hill Mid Cap Fund | 18.58% | 18.08% | 8.84% | 2.20% | 4.96% | 0.30% | 0.53% | 1.79% | 2.84% | 1.49% | 0.63% | 0.35% |
ARFFX Ariel Focus Fund | 11.82% | 12.68% | 2.27% | 3.33% | 8.30% | 3.30% | 2.41% | 1.03% | 7.61% | 5.76% | 1.04% | 13.91% |
Drawdowns
DHPAX vs. ARFFX - Drawdown Comparison
The maximum DHPAX drawdown since its inception was -46.59%, smaller than the maximum ARFFX drawdown of -57.66%. Use the drawdown chart below to compare losses from any high point for DHPAX and ARFFX.
Loading graphics...
Drawdown Indicators
| DHPAX | ARFFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.59% | -57.66% | +11.07% |
Max Drawdown (1Y)Largest decline over 1 year | -12.13% | -14.20% | +2.07% |
Max Drawdown (5Y)Largest decline over 5 years | -24.02% | -24.50% | +0.48% |
Max Drawdown (10Y)Largest decline over 10 years | -46.59% | -43.22% | -3.37% |
Current DrawdownCurrent decline from peak | -7.82% | -5.28% | -2.54% |
Average DrawdownAverage peak-to-trough decline | -5.89% | -9.49% | +3.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.17% | 3.66% | -0.49% |
Volatility
DHPAX vs. ARFFX - Volatility Comparison
Diamond Hill Mid Cap Fund (DHPAX) has a higher volatility of 5.28% compared to Ariel Focus Fund (ARFFX) at 4.43%. This indicates that DHPAX's price experiences larger fluctuations and is considered to be riskier than ARFFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| DHPAX | ARFFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.28% | 4.43% | +0.85% |
Volatility (6M)Calculated over the trailing 6-month period | 10.36% | 10.26% | +0.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.37% | 19.27% | -0.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.71% | 18.61% | +0.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.80% | 19.88% | +0.92% |