LSVD vs. DHLX

Last updated Jun 24, 2026

LSVD (LSV Disciplined Value ETF) and DHLX (Diamond Hill Large Cap Concentrated ETF) are both Large Cap Value Equities funds. LSVD is actively managed, while DHLX is passively managed. At a 0.48 correlation, their price movements are largely independent. LSVD charges 0.40%/yr vs 0.55%/yr for DHLX.

Performance

LSVD vs. DHLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in LSV Disciplined Value ETF (LSVD) 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, LSVD achieves a 14.66% return, which is significantly higher than DHLX's -1.56% return.

LSVD

• 1D: -0.92%
• 1M: -0.36%
• YTD: 14.66%
• 6M: 13.72%
• 1Y: 37.36%
• 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)

LSVD vs. DHLX - Yearly Performance Comparison

	2026 (YTD)	2025
LSVD LSV Disciplined Value ETF	14.66%	6.63%
DHLX Diamond Hill Large Cap Concentrated ETF	-1.56%	1.22%

Correlation

The correlation between LSVD and DHLX is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 29, 2025	0.48

Return for Risk

LSVD vs. DHLX — Risk / Return Rank

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

LSVD

LSVD Risk / Return Rank: 90
LSVD Sharpe Ratio Rank: 91
LSVD Sortino Ratio Rank: 90
LSVD Omega Ratio Rank: 88
LSVD Calmar Ratio Rank: 88
LSVD Martin Ratio Rank: 91

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.

LSVD vs. DHLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LSV Disciplined Value ETF (LSVD) 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.

	LSVD	DHLX	Difference
Sharpe ratio: Return per unit of total volatility	2.84	—	—
Sortino ratio: Return per unit of downside risk	3.83	—	—
Omega ratio: Gain probability vs. loss probability	1.50	—	—
Calmar ratio: Return relative to maximum drawdown	4.65	—	—
Martin ratio: Return relative to average drawdown	20.34	—	—

Drawdowns

LSVD vs. DHLX - Drawdown Comparison

The maximum LSVD drawdown since its inception was -19.30%, which is greater than DHLX's maximum drawdown of -8.40%. Use the drawdown chart below to compare losses from any high point for LSVD and DHLX.

Drawdown Indicators

	LSVD	DHLX	Difference
Max Drawdown Largest peak-to-trough decline	-19.30%	-8.40%	-10.90%
Max Drawdown (1Y) Largest decline over 1 year	-8.07%	—	—
Current Drawdown Current decline from peak	-3.22%	-5.41%	+2.19%
Average Drawdown Average peak-to-trough decline	-2.49%	-2.56%	+0.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.84%	—	—

Volatility

Volatility by Period

	LSVD	DHLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.77%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.27%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.23%	11.31%	+1.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.64%	11.31%	+6.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.64%	11.31%	+6.33%

LSVD vs. DHLX - Expense Ratio Comparison

LSVD has a 0.40% expense ratio, which is lower than DHLX's 0.55% expense ratio.

Dividends

LSVD vs. DHLX - Dividend Comparison

LSVD's dividend yield for the trailing twelve months is around 0.28%, less than DHLX's 0.41% yield.

Position	TTM	2025
DHLX Diamond Hill Large Cap Concentrated ETF	0.41%	0.15%
LSVD LSV Disciplined Value ETF	0.28%	0.32%

Frequently Asked Questions

Can I hold both LSVD and DHLX in my portfolio?

LSVD and DHLX have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LSVD or DHLX?

On fees, LSVD is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LSVD or DHLX?

LSVD is cheaper with a 0.40% expense ratio, compared with 0.55% for DHLX.

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

DHLX has the higher dividend yield at 0.41%, compared with 0.28% for LSVD.

What is the main difference between LSVD and DHLX?

They also come from different issuers: LSV and Diamond Hill. Their fees differ too: 0.40% for LSVD and 0.55% for DHLX.