BGIG vs DIVE

BGIGABahl & Gaynor Income Growth ETF

DIVEDDana Concentrated Dividend ETF

In short

BGIG An active dividend fund that writes the cushion into its own mandate: rising income, downside protection versus the broad market, and growth. Distributions land monthly, and it charges less than the typical active dividend-income fund.

DIVE Most dividend funds spread their bets over hundreds of names. DIVE goes the other way: an actively picked book of roughly 25 to 35 dividend payers, chasing growth and income at once. It launched in September 2025, so the track record starts here.

Stated mandate

BGIG The Fund seeks growing dividend income, downside protection relative to the broader equity market, and long-term capital appreciation.

DIVE The Fund seeks long-term capital appreciation and income through an actively managed portfolio of approximately 25 to 35 primarily dividend-paying equity securities.

Why people hold it

• BGIG The stated objective names three jobs at once: growing dividend income, downside protection relative to the broader equity market, and long-term capital appreciation.
• Income arrives monthly, not on the quarterly schedule most equity funds keep.
• At 0.45% a year, it sits below the median fee for active US dividend-income funds.
• One of the strongest implementations in its peer group of active US dividend-income funds, with a portfolio that matches the mandate on the label.

• DIVE Real concentration, by design: the prospectus targets roughly 25 to 35 primarily dividend-paying stocks, so a single good pick still moves the needle.
• The mandate is two-sided, long-term capital appreciation plus income, not a yield chase with the growth engine bolted shut.
• The manager can shop outside the US as well as at home, so a dividend payer in Europe or Asia is fair game.
• Simple plumbing: a standard 1940 Act ETF holding stocks. No derivatives overlay, no K-1 at tax time.

Worth knowing

• BGIG Cheaper active dividend options exist: CGDV runs 0.33% and HIDV 0.35%.
• Hunting rising dividends means skipping most of the non-payers inside the S&P 500 it measures itself against, so results can look very different from the index.
• Launched in 2023, so there is no live record spanning a full market cycle yet.

• DIVE At 0.65%, the fee sits above the 0.55% median for active dividend funds and well above cheaper rivals like CGDV (0.33%) and HIDV (0.35%).
• A 2025 launch with no multi-year record, and on the measures we track it currently sits in the lower reaches of a crowded peer group.
• Small asset base and thin trading, which usually means wider bid-ask spreads than the category's household names.

Full BGIG profile⁠

Full DIVE profile⁠