BGDV vs TDVG: Grades, Fees and Holdings Compared

Bahl & Gaynor Dividend ETF

BGDVBNYSE Arca

T. Rowe Price Dividend Growth ETF

TDVGBNYSE Arca

Overlap

26.1%by weight

Expense ratio

BGDV −0.05pt a year

BGDV0.45%TDVG0.50%

Avg volume · 30D

TDVG 2.6×the volume

BGDV32.2KTDVG83.8K

BGDV vs TDVG Performance

Oct 31, 2025 – Oct 30, 2026

+18.9%BGDV+16.2%TDVG

Expense ratio: BGDV 0.45%, better; TDVG 0.50%
Fund size: BGDV $878M; TDVG $1.35B
1Y total return: BGDV +18.9%, better; TDVG +16.2%
Yield (12M): BGDV 0.94%; TDVG 0.96%, better
Holdings: BGDV 47; TDVG 89
Avg volume (30D): BGDV 32.2K sh; TDVG 83.8K sh, better
NAV per share: BGDV $31.51; TDVG $50.66
52W range

ETF.net Grade

Pillar letters and Scores for BGDV, TDVG, with each pillar’s weight
Pillar	BGDV	TDVG
Cost30% weight	A73Higher	B55
Mission25% weight	Not scored	Not scored
Risk15% weight	C44	B60Higher
Tradability15% weight	A81Higher	B69
Holdings10% weight	B64	A80Higher
Durability5% weight	A70	A94Higher

Rank among US Active Dividend Income funds

How we build Categories ›

Same Category. BGDV and TDVG 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 TDVG 9th 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 9BTBGTBG Dividend Focus ETFScore 64
Rank 9BTDVGT. Rowe Price Dividend Growth ETFScore 64
Rank 12BBEDYBNY Mellon Enhanced Dividend and Income ETFScore 62

Our read on each fund

ETF.net Research

BGDVBBahl & Gaynor Dividend ETF

TDVGBT. Rowe Price Dividend Growth ETF

In short

BGDV No data

TDVG T. Rowe Price's stock pickers in an ETF wrapper. TDVG hunts companies that keep raising dividends rather than the fattest current yields, in a compact book of roughly 100 US names, and has been running since 2020.

Stated mandate

BGDV No data

TDVG The fund seeks dividend income and long-term capital growth.

Why people hold it

BGDV No data

TDVG Dividend growth, not top yield: at least 80% in stocks with an established or expected record of paying dividends, screened for sustainable earnings, sound finances and durable advantages.
At 0.50% it undercuts the typical active dividend fund, and it rates among the stronger implementations in a crowded active-income field.
About 100 stocks, so manager conviction shows instead of getting diluted across hundreds of names. Income is paid quarterly.
A multi-billion-dollar fund live since 2020, with trading that has held up well for an actively managed strategy.

Worth knowing

BGDV No data

TDVG The screens favor companies raising payouts over the fattest current yielders, so the income profile tends to run lighter than deep-value dividend strategies.
0.50% is active-manager pricing: strong peers in the same cohort charge less, including CGDV at 0.33% and HIDV at 0.35%.
No index to hide behind. Outcomes ride on the team's picks, and a US-only book of roughly 100 stocks carries full equity market risk.

Full BGDV profile⁠

Full TDVG profile⁠

BGDV vs TDVG Holdings

How BGDV and TDVG differ

Overlap by weight

26.1%

Shared holdings make up 48.4% of BGDV and 32.3% of TDVG.

Level by level

Holdings21 in both26.1%
Sector11 Sectors91.2%
Countryby domicile95.1%
Asset classEquity100%

Sector

Sector weights in BGDV and TDVG, widest gap first
Sector	More in BGDVMore in TDVG	BGDV	TDVG
Communication	BGDV +4.5 points	5.2%	0.7%
Consumer Staples	TDVG +4.4 points	2.3%	6.7%
Energy	BGDV +1.5 points	6.7%	5.2%
Industrials	BGDV +1.6 points	14.3%	12.8%
Consumer Discretionary	TDVG +1.5 points	4.9%	6.4%
Utilities	BGDV +1.1 points	4.1%	3.0%
Health Care	TDVG +0.9 points	12.9%	13.8%
Financials	TDVG +0.9 points	18.4%	19.3%
Technology	TDVG +0.7 points	27.9%	28.6%
Real Estate	TDVG +0.3 points	1.1%	1.4%
Materials	TDVG +0.1 points	2.2%	2.3%

Country, concentration and asset class

Country by domicile

Country weights in BGDV and TDVG, widest gap first
Country	More in BGDVMore in TDVG	BGDV	TDVG
Taiwan	BGDV +3.5 points	4.8%	1.3%
Switzerland	TDVG +2.0 points	0.0%	2.0%
United States	BGDV +1.4 points	95.2%	93.8%
United Kingdom	TDVG +1.0 points	0.0%	1.0%
China	TDVG +1.0 points	0.0%	1.0%
Canada	TDVG +0.9 points	0.0%	0.9%

Concentration

Weight in the 10 largest Holdings

BGDV35.1%
TDVG31.1%

Securities held

BGDV47
TDVG89

Asset class

BGDV: Equity
TDVG: Equity

Holdings

Only in BGDV26
In both21
Only in TDVG68

Only in BGDV

26 securities, 51.6% of BGDV by weight

Victory Capital Holdings Inc3.85%
Motorola Solutions Inc3.40%
Encompass Health Corp3.18%
Targa Resources Corp2.86%
Cintas Corp2.79%
Reinsurance Group of America Inc2.51%
Waste Management Inc2.36%
Reliance Inc2.28%
Meta Platforms Inc2.27%
Western Digital Corp2.16%
Snap-on Inc2.08%
Alphabet Inc1.93%
TJX Cos Inc/The1.92%
Hubbell Inc1.86%
Carrier Global Corp1.84%
Cboe Global Markets Inc1.83%
Ferrari NV1.81%
Travelers Cos Inc/The1.80%
Chevron Corp1.75%
Apollo Global Management Inc1.26%
Sempra1.22%
CMS Energy Corp1.20%
Welltower Inc1.05%
Accenture PLC0.98%
Casey's General Stores Inc0.80%
Evercore Inc0.56%

Only in TDVG

68 securities, 67.7% of TDVG by weight

Apple6.35%
Visa3.07%
ExxonMobil Holdings2.00%
Chubb1.98%
Bank of America1.82%
Coca-Cola1.57%
Morgan Stanley1.52%
Thermo Fisher Scientific1.48%
Deere1.47%
Ross Stores1.46%
Cisco Systems1.43%
Linde1.41%
American Express1.40%
Hilton Worldwide Holdings1.30%
ConocoPhillips1.30%
Marsh & McLennan1.29%
Gilead Sciences1.27%
Philip Morris International1.27%
Charles Schwab1.26%
Union Pacific1.20%
Ameren1.18%
Applied Materials1.17%
Quest Diagnostics1.16%
Howmet Aerospace1.16%
McKesson1.11%
Colgate-Palmolive1.07%
Texas Instruments1.06%
TE Connectivity0.99%
Caterpillar0.96%
Progressive0.94%
Waste Connections0.93%
Sherwin-Williams0.93%
McDonald's0.92%
Northrop Grumman0.91%
Vivmark Residential0.88%
Stryker0.87%
Csx0.87%
Johnson & Johnson0.83%
Trane Technologies0.81%
Atmos Energy0.80%
Schlumberger0.70%
T-Mobile US0.69%
Danaher0.64%
Old Dominion Freight Line0.62%
Goldman Sachs0.60%
EOG Resources0.59%
Qualcomm0.55%
Emerson Electric0.55%
S&P Global0.51%
Costco Wholesale0.51%

Weight gaps

All 21 Holdings in both funds, largest gap first.

Holding weights in BGDV and TDVG, widest gap first
Holding	More in BGDVMore in TDVG	BGDV	TDVG
Taiwan Semiconductor Manufacturing Co LtdTSM	BGDV +3.49 points	4.77%	1.28%
Microsoft CorpMSFT	TDVG +2.92 points	2.68%	5.60%
Eli Lilly & CoLLY	BGDV +2.21 points	4.18%	1.97%
NVIDIA CorpNVDA	BGDV +2.04 points	3.17%	1.13%
Williams Cos Inc/TheWMB	BGDV +2.02 points	2.65%	0.63%
AbbVie IncABBV	BGDV +1.93 points	3.49%	1.56%
Parker-Hannifin CorpPH	BGDV +1.80 points	2.02%	0.22%
Hartford Insurance Group Inc/TheHIG	BGDV +1.60 points	2.13%	0.53%
Amphenol CorpAPH	BGDV +1.55 points	2.81%	1.26%
UnitedHealth Group IncUNH	BGDV +1.34 points	3.00%	1.66%
NextEra Energy IncNEE	BGDV +1.20 points	1.87%	0.67%
CME Group IncCME	BGDV +1.01 points	1.44%	0.43%
JPMorgan Chase & Co.JPM	TDVG +0.91 points	2.33%	3.24%
KKR & Co IncKKR	BGDV +0.84 points	1.11%	0.27%
Kla CorpKLAC	TDVG +0.84 points	0.82%	1.66%
Ge AerospaceGE	TDVG +0.82 points	1.19%	2.01%
Mondelez International IncMDLZ	BGDV +0.76 points	1.63%	0.87%
Walmart IncWMT	TDVG +0.77 points	0.75%	1.52%
Analog Devices IncADI	BGDV +0.24 points	1.93%	1.69%
Home Depot Inc/TheHD	BGDV +0.15 points	1.28%	1.13%
Broadcom IncAVGO	BGDV +0.14 points	3.17%	3.03%

All 47 BGDV holdings⁠All 103 TDVG 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 TDVG Cost

Overpaying TDVG vs BGDV

$938

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

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

Amount$10,000

Years30 years

Cost over time

BGDV 0.45%
TDVG 0.50%
Overpaying

Year by year

Year	BGDV	TDVG	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%TDVG

BGDV0.45%TDVG0.50%

0.25%0.99%

Middle half of US Active Dividend Income funds
Median 0.50%

BGDV 9th cheapest of 40 funds

TDVG 17th cheapest of 40 funds

BGDV vs TDVG Dividends

Last 12 months to Oct 30, 2026

Yield (12M): BGDV 0.94%; TDVG 0.96%, better
Payout (12M): BGDV $0.29; TDVG $0.49
Last payment: BGDV $0.02; TDVG $0.11
Ex-dividend: BGDV Oct 29, 2026; TDVG Sep 28, 2026
Paid on: BGDV Pays Nov 2, 2026; TDVG Sep 30, 2026
Frequency: BGDV Monthly; TDVG Quarterly

Distribution history

Per share, 2023 to 2026, same scale for both

BGDVMonthly · 23 paymentsAll BGDV payments⁠

TDVGQuarterly · 15 paymentsAll TDVG payments⁠

BGDV vs TDVG 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 2025TDVG 10.5%
Return per unit of riskSharpe ratio, 3 years: BGDV 1.00since Jan 2025TDVG 1.24
Worst fallMax drawdown, 5 years: BGDV −14.8%since Dec 2024TDVG −19.2%
Market sensitivityBeta, 5 years: BGDV 0.69TDVG 0.78; Market = 1

BGDV and TDVG in the news

All news⁠

New ETFs
Eventide lists two ETFs at 0.75% and 0.95% for strategies it already runs
Oct 30, 2026TDVG
New ETFs
Raub Brock lists HQDG, an active dividend-growth ETF priced at 0.50%
Sep 8, 2026TDVG

Popular comparisons

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BGDV vs TDVG

In short

Stated mandate

Why people hold it

Worth knowing

How BGDV and TDVG differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in BGDV

Only in TDVG

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Eventide lists two ETFs at 0.75% and 0.95% for strategies it already runs

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

How BGDV and TDVG differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in BGDV

Only in TDVG

Weight gaps