DHSCX vs. DHEIX

Last updated Apr 1, 2026

Compare and contrast key facts about Diamond Hill Small Cap Fund (DHSCX) and Diamond Hill Short Duration Securitized Bond Fund Class I (DHEIX).

DHSCX is managed by Diamond Hill. It was launched on Dec 29, 2000. 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

DHSCX vs. DHEIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Diamond Hill Small Cap Fund (DHSCX) and Diamond Hill Short Duration Securitized Bond Fund Class I (DHEIX). The values are adjusted to include any dividend payments, if applicable.

DHSCX vs. DHEIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DHSCX Diamond Hill Small Cap Fund	0.74%	11.48%	12.75%	23.99%	-15.11%	32.30%	-0.54%	21.45%	-15.23%	9.73%
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, DHSCX achieves a 0.74% return, which is significantly lower than DHEIX's 0.82% return.

DHSCX

• 1D: -0.08%
• 1M: -7.21%
• YTD: 0.74%
• 6M: 5.52%
• 1Y: 27.11%
• 3Y*: 13.91%
• 5Y*: 8.76%
• 10Y*: 8.55%

DHEIX

• 1D: 0.13%
• 1M: -0.27%
• YTD: 0.82%
• 6M: 1.75%
• 1Y: 5.26%
• 3Y*: 7.69%
• 5Y*: 4.48%
• 10Y*: —

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

DHSCX vs. DHEIX - Expense Ratio Comparison

DHSCX has a 1.26% expense ratio, which is higher than DHEIX's 0.53% expense ratio.

DHSCX

Diamond Hill Small Cap Fund

DHEIX

Diamond Hill Short Duration Securitized Bond Fund Class I

Return for Risk

DHSCX vs. DHEIX — Risk / Return Rank

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

DHSCX

DHSCX Risk / Return Rank: 69
DHSCX Sharpe Ratio Rank: 67
DHSCX Sortino Ratio Rank: 72
DHSCX Omega Ratio Rank: 60
DHSCX Calmar Ratio Rank: 80
DHSCX Martin Ratio Rank: 68

DHEIX

DHEIX Risk / Return Rank: 99
DHEIX Sharpe Ratio Rank: 100
DHEIX Sortino Ratio Rank: 99
DHEIX Omega Ratio Rank: 99
DHEIX Calmar Ratio Rank: 99
DHEIX Martin Ratio Rank: 99

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.

DHSCX vs. DHEIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Diamond Hill Small Cap Fund (DHSCX) 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.

	DHSCX	DHEIX	Difference
Sharpe ratio Return per unit of total volatility	1.17	4.60	-3.44
Sortino ratio Return per unit of downside risk	1.79	8.07	-6.29
Omega ratio Gain probability vs. loss probability	1.23	2.53	-1.30
Calmar ratio Return relative to maximum drawdown	1.91	10.74	-8.83
Martin ratio Return relative to average drawdown	6.37	40.46	-34.09
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DHSCX vs. DHEIX - Sharpe Ratio Comparison

The current DHSCX Sharpe Ratio is 1.17, which is lower than the DHEIX Sharpe Ratio of 4.60. The chart below compares the historical Sharpe Ratios of DHSCX and DHEIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DHSCX	DHEIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.17	4.60	-3.44
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.41	2.96	-2.55
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.39	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	1.87	-1.41

Correlation

The correlation between DHSCX and DHEIX is -0.00. 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

DHSCX vs. DHEIX - Dividend Comparison

DHSCX's dividend yield for the trailing twelve months is around 5.76%, less than DHEIX's 5.98% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DHSCX Diamond Hill Small Cap Fund	5.76%	5.80%	16.10%	30.73%	18.17%	17.43%	0.32%	6.94%	10.29%	6.68%	2.50%	1.63%
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

DHSCX vs. DHEIX - Drawdown Comparison

The maximum DHSCX drawdown since its inception was -53.15%, which is greater than DHEIX's maximum drawdown of -12.33%. Use the drawdown chart below to compare losses from any high point for DHSCX and DHEIX.

Drawdown Indicators

	DHSCX	DHEIX	Difference
Max Drawdown Largest peak-to-trough decline	-53.15%	-12.33%	-40.82%
Max Drawdown (1Y) Largest decline over 1 year	-12.92%	-0.50%	-12.42%
Max Drawdown (5Y) Largest decline over 5 years	-28.41%	-4.87%	-23.54%
Max Drawdown (10Y) Largest decline over 10 years	-46.19%	—	—
Current Drawdown Current decline from peak	-10.21%	-0.27%	-9.94%
Average Drawdown Average peak-to-trough decline	-8.36%	-0.77%	-7.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.88%	0.13%	+3.75%

Volatility

DHSCX vs. DHEIX - Volatility Comparison

Diamond Hill Small Cap Fund (DHSCX) has a higher volatility of 6.10% compared to Diamond Hill Short Duration Securitized Bond Fund Class I (DHEIX) at 0.38%. This indicates that DHSCX'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.

Volatility by Period

	DHSCX	DHEIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.10%	0.38%	+5.72%
Volatility (6M) Calculated over the trailing 6-month period	13.96%	0.73%	+13.23%
Volatility (1Y) Calculated over the trailing 1-year period	23.79%	1.15%	+22.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.44%	1.52%	+19.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.13%	2.28%	+19.85%