Key stats
About Diamond Hill Large Cap Concentrated ETF
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Inception date
Sep 29, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Diamond Hill Capital Management, Inc.
Identifiers
3
ISIN US25264S3206
DHLX aims to provide long-term capital appreciation by investing in large-cap US equity securities. The fund focuses on estimating a companys value, independent of its current stock price, based on fundamental economic drivers of the business. Employing a bottom-up investment process, the fund considers earnings, revenue growth, operating margins, and other economic factors. The fund also considers industry competition, regulatory factors, the threat of technological obsolescence, and other industry factors. The fund selects 20-30 common and preferred stocks, weighted based on the advisers level of conviction. The adviser continuously monitors the companys strategies, financial performance, and competitive environment. As an actively managed ETF, the fund manager has full discretion to make buy, hold, or sell decisions. Prior to Sep. 29, 2025, DHLX was a mutual fund called Diamond Hill Large Cap Concentrated Fund before converting to an ETF structure, starting with $33.8 million.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Stocks99.75%
Finance26.81%
Health Technology9.52%
Distribution Services9.21%
Consumer Non-Durables6.79%
Electronic Technology6.30%
Industrial Services5.71%
Energy Minerals5.65%
Non-Energy Minerals5.35%
Transportation5.32%
Health Services4.54%
Consumer Services4.31%
Consumer Durables3.83%
Retail Trade3.26%
Technology Services3.15%
Bonds, Cash & Other0.25%
Mutual fund0.25%
Stock breakdown by region
North America94.81%
Europe5.19%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
DHLX invests in stocks. The fund's major sectors are Finance, with 26.81% stocks, and Health Technology, with 9.52% of the basket. The assets are mostly located in the North America region.
DHLX top holdings are Colgate-Palmolive Company and Berkshire Hathaway Inc. Class B, occupying 6.79% and 6.46% of the portfolio correspondingly.
DHLX assets under management is 68.26 M USD. It's risen 2.87% over the last month.
DHLX fund flows account for 32.43 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, DHLX pays dividends to its holders with the dividend yield of 0.30%. The last dividend (Jan 5, 2026) amounted to 0.02 USD. The dividends are paid quarterly.
DHLX shares are issued by Diamond Hill Investment Group, Inc. under the brand Diamond Hill. The ETF was launched on Sep 29, 2025, and its management style is Active.
DHLX expense ratio is 0.55% meaning you'd have to pay 0.55% of your investment to help manage the fund.
DHLX follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DHLX invests in stocks.
DHLX price has risen by 1.42% over the last month, and its yearly performance shows a 3.59% increase. See more dynamics on DHLX price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.72% over the last month, showed a 6.59% increase in three-month performance and has increased by 7.70% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.72% over the last month, showed a 6.59% increase in three-month performance and has increased by 7.70% in a year.