DHTAX vs. JMVYX

Last updated Apr 3, 2026

Compare and contrast key facts about Diamond Hill All Cap Select Fund (DHTAX) and JPMorgan Mid Cap Value Fund Class R6 (JMVYX).

DHTAX is managed by Diamond Hill. It was launched on Dec 30, 2005. JMVYX is a passively managed fund by JPMorgan that tracks the performance of the Russell Midcap Value Index. It was launched on Nov 13, 1997.

Performance

DHTAX vs. JMVYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Diamond Hill All Cap Select Fund (DHTAX) and JPMorgan Mid Cap Value Fund Class R6 (JMVYX). The values are adjusted to include any dividend payments, if applicable.

DHTAX vs. JMVYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DHTAX Diamond Hill All Cap Select Fund	-0.49%	13.28%	12.75%	30.19%	-17.47%	32.89%	14.30%	30.43%	-12.44%	18.77%
JMVYX JPMorgan Mid Cap Value Fund Class R6	2.45%	5.28%	27.89%	11.46%	-8.00%	29.92%	0.38%	26.72%	-11.66%	13.09%

Returns By Period

In the year-to-date period, DHTAX achieves a -0.49% return, which is significantly lower than JMVYX's 2.45% return.

DHTAX

• 1D: 0.12%
• 1M: -4.01%
• YTD: -0.49%
• 6M: 3.86%
• 1Y: 14.24%
• 3Y*: 15.82%
• 5Y*: 9.31%
• 10Y*: 12.46%

JMVYX

• 1D: 0.28%
• 1M: -3.86%
• YTD: 2.45%
• 6M: 3.62%
• 1Y: 8.74%
• 3Y*: 15.44%
• 5Y*: 9.46%
• 10Y*: —

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

DHTAX vs. JMVYX - Expense Ratio Comparison

DHTAX has a 1.16% expense ratio, which is higher than JMVYX's 0.60% expense ratio.

DHTAX

Diamond Hill All Cap Select Fund

JMVYX

JPMorgan Mid Cap Value Fund Class R6

Return for Risk

DHTAX vs. JMVYX — Risk / Return Rank

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

DHTAX

DHTAX Risk / Return Rank: 30
DHTAX Sharpe Ratio Rank: 27
DHTAX Sortino Ratio Rank: 30
DHTAX Omega Ratio Rank: 28
DHTAX Calmar Ratio Rank: 32
DHTAX Martin Ratio Rank: 35

JMVYX

JMVYX Risk / Return Rank: 18
JMVYX Sharpe Ratio Rank: 16
JMVYX Sortino Ratio Rank: 17
JMVYX Omega Ratio Rank: 15
JMVYX Calmar Ratio Rank: 19
JMVYX Martin Ratio Rank: 25

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.

DHTAX vs. JMVYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Diamond Hill All Cap Select Fund (DHTAX) and JPMorgan Mid Cap Value Fund Class R6 (JMVYX). 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.

	DHTAX	JMVYX	Difference
Sharpe ratio Return per unit of total volatility	0.80	0.59	+0.21
Sortino ratio Return per unit of downside risk	1.25	0.96	+0.29
Omega ratio Gain probability vs. loss probability	1.18	1.13	+0.05
Calmar ratio Return relative to maximum drawdown	1.20	0.85	+0.35
Martin ratio Return relative to average drawdown	4.64	3.61	+1.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DHTAX vs. JMVYX - Sharpe Ratio Comparison

The current DHTAX Sharpe Ratio is 0.80, which is higher than the JMVYX Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of DHTAX and JMVYX, 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

	DHTAX	JMVYX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.80	0.59	+0.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.45	0.49	-0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.56	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	0.46	-0.04

Correlation

The correlation between DHTAX and JMVYX is 0.91, 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

DHTAX vs. JMVYX - Dividend Comparison

DHTAX's dividend yield for the trailing twelve months is around 8.24%, less than JMVYX's 20.80% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DHTAX Diamond Hill All Cap Select Fund	8.24%	8.20%	6.66%	0.28%	4.08%	13.72%	0.28%	1.93%	11.56%	0.00%	1.27%	3.32%
JMVYX JPMorgan Mid Cap Value Fund Class R6	20.80%	21.31%	23.38%	6.20%	11.85%	15.03%	7.75%	5.23%	8.31%	2.71%	0.00%	0.00%

Drawdowns

DHTAX vs. JMVYX - Drawdown Comparison

The maximum DHTAX drawdown since its inception was -51.42%, which is greater than JMVYX's maximum drawdown of -43.08%. Use the drawdown chart below to compare losses from any high point for DHTAX and JMVYX.

Drawdown Indicators

	DHTAX	JMVYX	Difference
Max Drawdown Largest peak-to-trough decline	-51.42%	-43.08%	-8.34%
Max Drawdown (1Y) Largest decline over 1 year	-8.04%	-7.62%	-0.42%
Max Drawdown (5Y) Largest decline over 5 years	-24.31%	-25.53%	+1.22%
Max Drawdown (10Y) Largest decline over 10 years	-44.28%	—	—
Current Drawdown Current decline from peak	-6.11%	-5.22%	-0.89%
Average Drawdown Average peak-to-trough decline	-7.79%	-7.11%	-0.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.62%	2.78%	+0.84%

Volatility

DHTAX vs. JMVYX - Volatility Comparison

Diamond Hill All Cap Select Fund (DHTAX) and JPMorgan Mid Cap Value Fund Class R6 (JMVYX) have volatilities of 4.49% and 4.32%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DHTAX	JMVYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.49%	4.32%	+0.17%
Volatility (6M) Calculated over the trailing 6-month period	10.83%	8.86%	+1.97%
Volatility (1Y) Calculated over the trailing 1-year period	21.09%	16.51%	+4.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.99%	19.39%	+1.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.16%	20.98%	+1.18%