GVUS vs. DHLX

Last updated Jun 24, 2026

GVUS (Goldman Sachs MarketBeta Russell 1000 Value Equity ETF) and DHLX (Diamond Hill Large Cap Concentrated ETF) are both Large Cap Value Equities funds - GVUS tracks the Russell 1000 Value 40 Act Daily Capped Index - Benchmark TR Gross while DHLX tracks the Actively Managed. Both are passively managed. A 0.67 correlation means they provide meaningful diversification when combined. GVUS charges 0.12%/yr vs 0.55%/yr for DHLX.

Performance

GVUS vs. DHLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (GVUS) and Diamond Hill Large Cap Concentrated ETF (DHLX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GVUS achieves a 15.43% return, which is significantly higher than DHLX's -1.56% return.

GVUS

• 1D: -0.93%
• 1M: 2.38%
• YTD: 15.43%
• 6M: 14.79%
• 1Y: 28.38%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DHLX

• 1D: 0.45%
• 1M: -1.44%
• YTD: -1.56%
• 6M: -2.11%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GVUS vs. DHLX - Yearly Performance Comparison

	2026 (YTD)	2025
GVUS Goldman Sachs MarketBeta Russell 1000 Value Equity ETF	15.43%	4.19%
DHLX Diamond Hill Large Cap Concentrated ETF	-1.56%	1.22%

Correlation

The correlation between GVUS and DHLX is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 29, 2025	0.67

Return for Risk

GVUS vs. DHLX — Risk / Return Rank

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

GVUS

GVUS Risk / Return Rank: 86
GVUS Sharpe Ratio Rank: 86
GVUS Sortino Ratio Rank: 88
GVUS Omega Ratio Rank: 84
GVUS Calmar Ratio Rank: 85
GVUS Martin Ratio Rank: 88

DHLX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

GVUS vs. DHLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (GVUS) and Diamond Hill Large Cap Concentrated ETF (DHLX). 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.

	GVUS	DHLX	Difference
Sharpe ratio: Return per unit of total volatility	2.54	—	—
Sortino ratio: Return per unit of downside risk	3.57	—	—
Omega ratio: Gain probability vs. loss probability	1.46	—	—
Calmar ratio: Return relative to maximum drawdown	4.27	—	—
Martin ratio: Return relative to average drawdown	17.63	—	—

Drawdowns

GVUS vs. DHLX - Drawdown Comparison

The maximum GVUS drawdown since its inception was -15.82%, which is greater than DHLX's maximum drawdown of -8.40%. Use the drawdown chart below to compare losses from any high point for GVUS and DHLX.

Drawdown Indicators

	GVUS	DHLX	Difference
Max Drawdown Largest peak-to-trough decline	-15.82%	-8.40%	-7.42%
Max Drawdown (1Y) Largest decline over 1 year	-6.68%	—	—
Current Drawdown Current decline from peak	-1.00%	-5.41%	+4.41%
Average Drawdown Average peak-to-trough decline	-1.98%	-2.56%	+0.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.61%	—	—

Volatility

Volatility by Period

	GVUS	DHLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.89%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.65%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.24%	11.31%	-0.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.33%	11.31%	+2.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.33%	11.31%	+2.02%

GVUS vs. DHLX - Expense Ratio Comparison

GVUS has a 0.12% expense ratio, which is lower than DHLX's 0.55% expense ratio.

Dividends

GVUS vs. DHLX - Dividend Comparison

GVUS's dividend yield for the trailing twelve months is around 1.56%, more than DHLX's 0.41% yield.

Position	TTM	2025	2024	2023
DHLX Diamond Hill Large Cap Concentrated ETF	0.41%	0.15%	0.00%	0.00%
GVUS Goldman Sachs MarketBeta Russell 1000 Value Equity ETF	1.56%	1.77%	2.04%	0.00%

Frequently Asked Questions

Can I hold both GVUS and DHLX in my portfolio?

GVUS and DHLX have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GVUS or DHLX?

On fees, GVUS is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GVUS or DHLX?

GVUS is cheaper with a 0.12% expense ratio, compared with 0.55% for DHLX.

Which ETF pays a higher dividend yield, GVUS or DHLX?

GVUS has the higher dividend yield at 1.56%, compared with 0.41% for DHLX.

What is the main difference between GVUS and DHLX?

GVUS tracks Russell 1000 Value 40 Act Daily Capped Index - Benchmark TR Gross, while DHLX tracks Actively Managed. They also come from different issuers: Goldman Sachs and Diamond Hill. Their fees differ too: 0.12% for GVUS and 0.55% for DHLX.