DIAMX vs. V
Compare and contrast key facts about Diamond Hill Long-Short Fund (DIAMX) and Visa Inc. (V).
DIAMX is managed by Diamond Hill. It was launched on Jun 29, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DIAMX or V.
Correlation
The correlation between DIAMX and V is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
DIAMX vs. V - Performance Comparison
Key characteristics
DIAMX:
0.13
V:
1.73
DIAMX:
0.21
V:
2.31
DIAMX:
1.04
V:
1.33
DIAMX:
0.10
V:
2.37
DIAMX:
0.40
V:
5.98
DIAMX:
3.16%
V:
4.93%
DIAMX:
9.91%
V:
17.04%
DIAMX:
-41.19%
V:
-51.90%
DIAMX:
-8.84%
V:
0.00%
Returns By Period
In the year-to-date period, DIAMX achieves a 2.68% return, which is significantly lower than V's 13.06% return. Over the past 10 years, DIAMX has underperformed V with an annualized return of 1.67%, while V has yielded a comparatively higher 18.87% annualized return.
DIAMX
2.68%
0.04%
-4.25%
0.93%
1.56%
1.67%
V
13.06%
11.80%
33.57%
29.02%
11.87%
18.87%
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Risk-Adjusted Performance
DIAMX vs. V — Risk-Adjusted Performance Rank
DIAMX
V
DIAMX vs. V - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Diamond Hill Long-Short Fund (DIAMX) and Visa Inc. (V). 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.
Dividends
DIAMX vs. V - Dividend Comparison
DIAMX's dividend yield for the trailing twelve months is around 2.16%, more than V's 0.62% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DIAMX Diamond Hill Long-Short Fund | 2.16% | 2.22% | 2.05% | 0.36% | 0.00% | 0.19% | 0.65% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% |
V Visa Inc. | 0.62% | 0.68% | 0.72% | 0.76% | 0.62% | 0.56% | 0.56% | 0.67% | 0.61% | 0.75% | 0.64% | 0.64% |
Drawdowns
DIAMX vs. V - Drawdown Comparison
The maximum DIAMX drawdown since its inception was -41.19%, smaller than the maximum V drawdown of -51.90%. Use the drawdown chart below to compare losses from any high point for DIAMX and V. For additional features, visit the drawdowns tool.
Volatility
DIAMX vs. V - Volatility Comparison
The current volatility for Diamond Hill Long-Short Fund (DIAMX) is 2.13%, while Visa Inc. (V) has a volatility of 3.35%. This indicates that DIAMX experiences smaller price fluctuations and is considered to be less risky than V based on this measure. The chart below showcases a comparison of their rolling one-month volatility.