DJD vs. BGIG

Last updated Jun 24, 2026

DJD (Invesco Dow Jones Industrial Average Dividend ETF) and BGIG (Bahl & Gaynor Income Growth ETF) are both Large Cap Value Equities funds. DJD is passively managed, while BGIG is actively managed. Over the past year, DJD returned 24.65% vs 19.97% for BGIG. A 0.78 correlation means they provide meaningful diversification when combined. DJD charges 0.07%/yr vs 0.45%/yr for BGIG.

Performance

DJD vs. BGIG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Dow Jones Industrial Average Dividend ETF (DJD) and Bahl & Gaynor Income Growth ETF (BGIG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DJD achieves a 11.47% return, which is significantly higher than BGIG's 10.12% return.

DJD

• 1D: 0.80%
• 1M: 0.80%
• YTD: 11.47%
• 6M: 11.61%
• 1Y: 24.65%
• 3Y*: 17.77%
• 5Y*: 10.97%
• 10Y*: 12.66%

BGIG

• 1D: -0.25%
• 1M: -0.02%
• YTD: 10.12%
• 6M: 9.82%
• 1Y: 19.97%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DJD vs. BGIG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
DJD Invesco Dow Jones Industrial Average Dividend ETF	11.47%	15.83%	13.66%	7.64%
BGIG Bahl & Gaynor Income Growth ETF	10.12%	12.49%	16.84%	3.57%

Correlation

The correlation between DJD and BGIG is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.74
Correlation (All Time) Calculated using the full available price history since Sep 15, 2023	0.78

The correlation between DJD and BGIG has been stable across timeframes, ranging from 0.74 to 0.78 - a consistent structural relationship.

DJD vs. BGIG - Sectors Allocation Comparison

Sectors	DJD	BGIG
Healthcare	20.1%	15.2%
Financial Services	15.6%	14.4%
Technology	14.4%	25.7%
Communication Services	11.6%	0.8%
Consumer Cyclical	11.3%	4.8%
Consumer Defensive	10.5%	6.8%
Industrials	8.8%	10.3%
Energy	6.1%	10.2%
Basic Materials	1.6%	0.6%
Real Estate	-	3.8%
Utilities	-	7.2%

Return for Risk

DJD vs. BGIG — Risk / Return Rank

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

DJD

DJD Risk / Return Rank: 79
DJD Sharpe Ratio Rank: 80
DJD Sortino Ratio Rank: 86
DJD Omega Ratio Rank: 75
DJD Calmar Ratio Rank: 84
DJD Martin Ratio Rank: 72

BGIG

BGIG Risk / Return Rank: 76
BGIG Sharpe Ratio Rank: 76
BGIG Sortino Ratio Rank: 79
BGIG Omega Ratio Rank: 73
BGIG Calmar Ratio Rank: 74
BGIG Martin Ratio Rank: 76

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.

DJD vs. BGIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Dow Jones Industrial Average Dividend ETF (DJD) and Bahl & Gaynor Income Growth ETF (BGIG). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DJD	BGIG	Difference
Sharpe ratio: Return per unit of total volatility	2.42	2.22	+0.20
Sortino ratio: Return per unit of downside risk	3.64	3.18	+0.46
Omega ratio: Gain probability vs. loss probability	1.42	1.40	+0.02
Calmar ratio: Return relative to maximum drawdown	4.39	3.45	+0.94
Martin ratio: Return relative to average drawdown	12.91	13.32	-0.41

DJD vs. BGIG - Sharpe Ratio Comparison

The current DJD Sharpe Ratio is 2.42, which is comparable to the BGIG Sharpe Ratio of 2.22. The chart below compares the historical Sharpe Ratios of DJD and BGIG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DJD vs. BGIG - Drawdown Comparison

The maximum DJD drawdown since its inception was -34.66%, which is greater than BGIG's maximum drawdown of -13.24%. Use the drawdown chart below to compare losses from any high point for DJD and BGIG.

Drawdown Indicators

	DJD	BGIG	Difference
Max Drawdown Largest peak-to-trough decline	-34.66%	-13.24%	-21.42%
Max Drawdown (1Y) Largest decline over 1 year	-5.64%	-5.81%	+0.17%
Max Drawdown (3Y) Largest decline over 3 years	-12.28%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-19.94%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-34.66%	—	—
Current Drawdown Current decline from peak	-0.86%	-0.65%	-0.21%
Average Drawdown Average peak-to-trough decline	-3.73%	-1.75%	-1.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.91%	1.50%	+0.41%

Volatility

DJD vs. BGIG - Volatility Comparison

Invesco Dow Jones Industrial Average Dividend ETF (DJD) has a higher volatility of 2.84% compared to Bahl & Gaynor Income Growth ETF (BGIG) at 2.46%. This indicates that DJD's price experiences larger fluctuations and is considered to be riskier than BGIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DJD	BGIG	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.84%	2.46%	+0.38%
Volatility (6M) Calculated over the trailing 6-month period	7.49%	6.74%	+0.75%
Volatility (1Y) Calculated over the trailing 1-year period	10.27%	9.05%	+1.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.32%	11.90%	+1.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.61%	11.90%	+4.71%

DJD vs. BGIG - Expense Ratio Comparison

DJD has a 0.07% expense ratio, which is lower than BGIG's 0.45% expense ratio.

Dividends

DJD vs. BGIG - Dividend Comparison

DJD's dividend yield for the trailing twelve months is around 2.49%, more than BGIG's 1.74% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BGIG Bahl & Gaynor Income Growth ETF	1.74%	1.89%	2.02%	0.78%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DJD Invesco Dow Jones Industrial Average Dividend ETF	2.49%	2.62%	3.00%	3.49%	3.16%	2.82%	3.47%	2.80%	2.66%	2.75%	2.46%	0.08%

Frequently Asked Questions

Can I hold both DJD and BGIG in my portfolio?

DJD and BGIG have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DJD or BGIG?

DJD has higher volatility (2.84%) compared to BGIG (2.46%). In terms of maximum drawdown, DJD dropped -34.66% vs BGIG's -13.24%.

Which ETF is better, DJD or BGIG?

On 1-year performance, DJD leads with 24.65% vs 19.97% for BGIG. On fees, DJD is cheaper at 0.07% per year. On volatility, BGIG has been the lower-risk option at 2.46%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DJD or BGIG?

Over the 1-year period, DJD has performed better with a 24.65% return vs 19.97%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DJD or BGIG?

DJD is cheaper with a 0.07% expense ratio, compared with 0.45% for BGIG.

Which ETF pays a higher dividend yield, DJD or BGIG?

DJD has the higher dividend yield at 2.49%, compared with 1.74% for BGIG.

What is the main difference between DJD and BGIG?

They also come from different issuers: Invesco and Bahl & Gaynor. Their fees differ too: 0.07% for DJD and 0.45% for BGIG.

Which has better risk-adjusted returns?

DJD currently has the higher Sharpe Ratio (2.42 vs 2.22), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.