BGDV vs GDIV: Grades, Fees and Holdings Compared

Bahl & Gaynor Dividend ETF

BGDVBNYSE Arca

Harbor Dividend Growth Leaders ETF (GDIV)

GDIVCNYSE

Overlap

22.6%by weight

Expense ratio

BGDV −0.05pt a year

BGDV0.45%GDIV0.50%

Avg volume · 30D

BGDV 2.9×the volume

BGDV32.2KGDIV11.2K

BGDV vs GDIV Performance

Oct 31, 2025 – Oct 30, 2026

+18.9%BGDV+16.4%GDIV

Expense ratio: BGDV 0.45%, better; GDIV 0.50%
Fund size: BGDV $878M; GDIV $237M
1Y total return: BGDV +18.9%, better; GDIV +16.4%
Yield (12M): BGDV 0.94%; GDIV 1.26%, better
Holdings: BGDV 47; GDIV 52
Avg volume (30D): BGDV 32.2K sh, better; GDIV 11.2K sh
NAV per share: BGDV $31.51; GDIV $18.55
52W range

ETF.net Grade

Pillar letters and Scores for BGDV, GDIV, with each pillar’s weight
Pillar	BGDV	GDIV
Cost30% weight	A73Higher	B55
Mission25% weight	Not scored	Not scored
Risk15% weight	C44Higher	F20
Tradability15% weight	A81Higher	D34
Holdings10% weight	B64	B65Higher
Durability5% weight	A70	A84Higher

Rank among US Active Dividend Income funds

How we build Categories ›

Same Category. BGDV and GDIV are both graded against the same 40 US Active Dividend Income funds, so their Grades compare head to head.

US Active Dividend Income⁠

Category · 40 funds

See all 40 ›

BGDV ranks 4th and GDIV 19th of 40 funds in the US Active Dividend Income Category.

Rank 1ACGDVCapital Group Dividend Value ETFScore 76
Rank 2AHIDVAB US High Dividend ETFScore 73
Rank 3ABGIGBahl & Gaynor Income Growth ETFScore 70
Rank 4BBGDVBahl & Gaynor Dividend ETFScore 67
Rank 4BFDIVMarketDesk Focused U.S. Dividend ETFScore 67
Rank 19CDIVYSound Equity Dividend Income ETFScore 47
Rank 19CGDIVHarbor Dividend Growth Leaders ETF (GDIV)Score 47
Rank 22CDIVNHorizon Dividend Income ETFScore 46

Our read on each fund

ETF.net Research

BGDVBBahl & Gaynor Dividend ETF

GDIVCHarbor Dividend Growth Leaders ETF (GDIV)

In short

BGDV No data

GDIV A Westfield stock-picker's dividend strategy that moved into an ETF shell in 2022: same manager, same playbook, roughly 50 large caps chosen for the ability to keep raising payouts rather than for fat yields.

Stated mandate

BGDV No data

GDIV The Fund seeks long-term growth of capital and invests at least 80% of its net assets in dividend-paying equity securities.

Why people hold it

BGDV No data

GDIV Not a launch-day idea in a new wrapper. Harbor merged Westfield's dividend growth mutual fund into this ETF in 2022, keeping the strategy and the portfolio manager intact.businesswire.com
A real active bet, not an index in disguise: about 50 large caps, with at least 80% of net assets in dividend payers picked for stable or rising payouts.businesswire.com
At 0.50%, it prices below the median active dividend fund in its peer group, and it distributes quarterly.

Worth knowing

BGDV No data

GDIV One of the thinner-traded funds in its category, so bid-ask spreads can run wider than on the big income ETFs.
Cheaper active neighbors exist: CGDV charges 0.33% and HIDV 0.35% for their own takes on dividend equity.
The stated goal is long-term growth of capital, not maximum income, and with roughly 50 names each pick carries real weight.

Full BGDV profile⁠

Full GDIV profile⁠

BGDV vs GDIV Holdings

How BGDV and GDIV differ

Overlap by weight

22.6%

Shared holdings make up 27.1% of BGDV and 25.3% of GDIV.

Level by level

Holdings11 in both22.6%
Sector11 Sectors81.7%
Countryby domicile91.5%
Asset classEquity100%

Sector

Sector weights in BGDV and GDIV, widest gap first
Sector	More in BGDVMore in GDIV	BGDV	GDIV
Technology	BGDV +11.3 points	27.9%	16.6%
Health Care	GDIV +6.1 points	12.9%	19.0%
Industrials	GDIV +5.5 points	14.3%	19.9%
Communication	BGDV +5.2 points	5.2%	0.0%
Financials	GDIV +2.8 points	18.4%	21.2%
Consumer Staples	GDIV +1.8 points	2.3%	4.1%
Energy	BGDV +0.9 points	6.7%	5.8%
Real Estate	GDIV +0.9 points	1.1%	2.0%
Utilities	BGDV +0.8 points	4.1%	3.3%
Materials	GDIV +0.6 points	2.2%	2.8%
Consumer Discretionary	GDIV +0.4 points	4.9%	5.3%

Country, concentration and asset class

Country by domicile

Country weights in BGDV and GDIV, widest gap first
Country	More in BGDVMore in GDIV	BGDV	GDIV
Japan	GDIV +5.3 points	0.0%	5.3%
Taiwan	BGDV +4.8 points	4.8%	0.0%
United States	BGDV +3.7 points	95.2%	91.5%
Switzerland	GDIV +1.7 points	0.0%	1.7%
Spain	GDIV +1.5 points	0.0%	1.5%

Concentration

Weight in the 10 largest Holdings

BGDV35.1%
GDIV35.2%

Securities held

BGDV47
GDIV52

Asset class

BGDV: Equity
GDIV: Equity

Holdings

Only in BGDV36
In both11
Only in GDIV41

Only in BGDV

36 securities, 72.9% of BGDV by weight

Taiwan Semiconductor Manufacturing Co Ltd4.77%
Victory Capital Holdings Inc3.85%
AbbVie Inc3.49%
Motorola Solutions Inc3.40%
Encompass Health Corp3.18%
NVIDIA Corp3.17%
Targa Resources Corp2.86%
Amphenol Corp2.81%
Reinsurance Group of America Inc2.51%
JPMorgan Chase & Co.2.33%
Reliance Inc2.28%
Meta Platforms Inc2.27%
Western Digital Corp2.16%
Hartford Insurance Group Inc/The2.13%
Snap-on Inc2.08%
Parker-Hannifin Corp2.02%
Alphabet Inc1.93%
Analog Devices Inc1.93%
Hubbell Inc1.86%
Carrier Global Corp1.84%
Cboe Global Markets Inc1.83%
Ferrari NV1.81%
Travelers Cos Inc/The1.80%
Chevron Corp1.75%
Mondelez International Inc1.63%
CME Group Inc1.44%
Apollo Global Management Inc1.26%
Sempra1.22%
CMS Energy Corp1.20%
KKR & Co Inc1.11%
Welltower Inc1.05%
Accenture PLC0.98%
Kla Corp0.82%
Casey's General Stores Inc0.80%
Walmart Inc0.75%
Evercore Inc0.56%

Only in GDIV

41 securities, 74.7% of GDIV by weight

Apple Inc6.01%
Mueller Industries Inc3.33%
Johnson & Johnson3.23%
Coca-Cola Co/The2.94%
Gilead Sciences Inc2.71%
Mitsubishi Ufj Finl-Spon Adr2.68%
Sumitomo Mitsui-Spons Adr2.67%
Bank of America Corp2.33%
Salesforce Inc2.16%
Merck & Co. Inc.2.03%
Williams-Sonoma Inc2.00%
Firstcash Holdings Inc2.00%
Cheniere Energy Inc1.97%
Rockwell Automation Inc1.89%
Amgen Inc1.86%
Mckesson Corp1.85%
Garmin Ltd1.71%
Csx Corp1.66%
Texas Instruments Inc1.64%
BlackRock Inc1.61%
East West Bancorp Inc1.60%
Pfizer Inc1.59%
Keycorp1.58%
Goldman Sachs Group Inc1.55%
Southern Copper Corp1.55%
Trane Technologies PLC1.44%
Blackstone Inc1.38%
Eaton Corp PLC1.35%
Citigroup Inc1.33%
Lpl Financial Holdings Inc1.30%
Texas Roadhouse Inc1.20%
Itt Inc1.20%
Msc Industrial Direct Co-A1.20%
Equinix Inc1.19%
Dominion Energy Inc1.13%
Booz Allen Hamilton Holdings1.03%
Verisign Inc1.02%
Walt Disney Co/The0.99%
Freeport-Mcmoran Inc0.98%
Kodiak Gas Services Inc0.93%
Lineage Inc0.84%

Weight gaps

All 11 Holdings in both funds, largest gap first.

Holding weights in BGDV and GDIV, widest gap first
Holding	More in BGDVMore in GDIV	BGDV	GDIV
Cintas CorpCTAS	BGDV +1.26 points	2.79%	1.53%
UnitedHealth Group IncUNH	BGDV +1.12 points	3.00%	1.88%
Waste Management IncWM	BGDV +1.08 points	2.36%	1.28%
Eli Lilly & CoLLY	GDIV +0.88 points	4.18%	5.06%
Williams Cos Inc/TheWMB	GDIV +0.65 points	2.65%	3.30%
Broadcom IncAVGO	BGDV +0.64 points	3.17%	2.53%
Microsoft CorpMSFT	GDIV +0.62 points	2.68%	3.30%
NextEra Energy IncNEE	GDIV +0.47 points	1.87%	2.34%
TJX Cos Inc/TheTJX	BGDV +0.29 points	1.92%	1.63%
Ge AerospaceGE	BGDV +0.07 points	1.19%	1.12%
Home Depot Inc/TheHD	GDIV +0.06 points	1.28%	1.34%

All 47 BGDV holdings⁠All 52 GDIV holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BGDV vs GDIV Cost

Overpaying GDIV vs BGDV

$938

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

BGDV 0.45%
$9,041
GDIV 0.50%
$9,979

Amount$10,000

Years30 years

Cost over time

BGDV 0.45%
GDIV 0.50%
Overpaying

Year by year

Year	BGDV	GDIV	Overpaying
10	$812	$900	$88
20	$3,128	$3,460	$332
30	$9,041	$9,979	$938

Expense ratio

0.45%BGDV, cheaper
0.50%GDIV

BGDV0.45%GDIV0.50%

0.25%0.99%

Middle half of US Active Dividend Income funds
Median 0.50%

BGDV 9th cheapest of 40 funds

GDIV 17th cheapest of 40 funds

BGDV vs GDIV Dividends

Last 12 months to Oct 30, 2026

Yield (12M): BGDV 0.94%; GDIV 1.26%, better
Payout (12M): BGDV $0.29; GDIV $0.23
Last payment: BGDV $0.02; GDIV $0.05
Ex-dividend: BGDV Oct 29, 2026; GDIV Oct 1, 2026
Paid on: BGDV Pays Nov 2, 2026; GDIV Oct 6, 2026
Frequency: BGDV Monthly; GDIV Quarterly

Distribution history

Per share, 2023 to 2026, same scale for both

BGDVMonthly · 23 paymentsAll BGDV payments⁠

GDIVQuarterly · 15 paymentsAll GDIV payments⁠

BGDV vs GDIV Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: BGDV 11.4%since Jan 2025GDIV 11.6%
Return per unit of riskSharpe ratio, 3 years: BGDV 1.00since Jan 2025GDIV 1.05
Worst fallMax drawdown, 5 years: BGDV −14.8%since Dec 2024GDIV −19.8%since May 2022
Market sensitivityBeta, 5 years: BGDV 0.69GDIV 0.90; Market = 1

BGDV and GDIV in the news

All news⁠

New ETFs
Raub Brock lists HQDG, an active dividend-growth ETF priced at 0.50%
Sep 8, 2026GDIV

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BGDV vs GDIV

In short

Stated mandate

Why people hold it

Worth knowing

How BGDV and GDIV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in BGDV

Only in GDIV

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Raub Brock lists HQDG, an active dividend-growth ETF priced at 0.50%

How BGDV and GDIV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in BGDV

Only in GDIV

Weight gaps