BGIG vs DIVN: Grades, Fees and Holdings Compared

Bahl & Gaynor Income Growth ETF

BGIGANYSE Arca

Horizon Dividend Income ETF

DIVNCCboe

Overlap

22.5%by weight

Expense ratio

BGIG −0.25pt a year

BGIG0.45%DIVN0.70%

Avg volume · 30D

BGIG 2.1×the volume

BGIG171KDIVN83K

BGIG vs DIVN Performance

Oct 31, 2025 – Oct 30, 2026

+18.6%BGIG+30.3%DIVN

Expense ratio: BGIG 0.45%, better; DIVN 0.70%
Fund size: BGIG $2.29B; DIVN $350M
1Y total return: BGIG +18.6%; DIVN +30.3%, better
Yield (12M): BGIG 1.67%; DIVN 4.09%, better
Holdings: BGIG 50; DIVN 101
Avg volume (30D): BGIG 171K sh, better; DIVN 83K sh
NAV per share: BGIG $37.45; DIVN $32.15
52W range

ETF.net Grade

Pillar letters and Scores for BGIG, DIVN, with each pillar’s weight
Pillar	BGIG	DIVN
Cost30% weight	A73Higher	F18
Mission25% weight	C40	Not scored
Risk15% weight	B64	A80Higher
Tradability15% weight	A80Higher	B64
Holdings10% weight	C53Higher	C46
Durability5% weight	A83Higher	B67

Rank among US Active Dividend Income funds

How we build Categories ›

Same Category. BGIG and DIVN 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 ›

BGIG ranks 3rd and DIVN 22nd 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 19CGDIVHarbor Dividend Growth Leaders ETF (GDIV)Score 47
Rank 22CDIVNHorizon Dividend Income ETFScore 46
Rank 22CDIVZPolen Dividend Income ETFScore 46

Our read on each fund

ETF.net Research

BGIGABahl & Gaynor Income Growth ETF

DIVNCHorizon Dividend Income 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.

DIVN No data

Stated mandate

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

DIVN No data

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.

DIVN No data

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.

DIVN No data

Full BGIG profile⁠

Full DIVN profile⁠

BGIG vs DIVN Holdings

How BGIG and DIVN differ

Overlap by weight

22.5%

Shared holdings make up 36.0% of BGIG and 32.2% of DIVN.

Level by level

Holdings20 in both22.5%
Sector11 Sectors72.8%
Countryby domicile90.1%
Asset classEquity100%

Sector

Sector weights in BGIG and DIVN, widest gap first
Sector	More in BGIGMore in DIVN	BGIG	DIVN
Consumer Staples	DIVN +14.4 points	4.5%	18.9%
Technology	BGIG +14.5 points	26.4%	11.9%
Energy	DIVN +6.2 points	10.5%	16.7%
Utilities	BGIG +5.6 points	6.4%	0.8%
Consumer Discretionary	DIVN +4.9 points	5.8%	10.7%
Real Estate	BGIG +3.1 points	3.1%	0.0%
Financials	BGIG +2.8 points	15.0%	12.2%
Communication	DIVN +1.4 points	1.4%	2.9%
Health Care	BGIG +1.3 points	16.9%	15.6%
Materials	DIVN +0.3 points	0.0%	0.3%
Industrials	BGIG +0.1 points	10.1%	10.0%

Country, concentration and asset class

Country by domicile

Country weights in BGIG and DIVN, widest gap first
Country	More in BGIGMore in DIVN	BGIG	DIVN
United States	DIVN +9.9 points	88.1%	98.0%
Taiwan	BGIG +4.5 points	4.5%	0.0%
China	BGIG +1.3 points	2.3%	1.0%
United Kingdom	BGIG +1.2 points	1.2%	0.0%
Ireland	BGIG +1.2 points	1.3%	0.1%
Switzerland	BGIG +1.0 points	1.9%	0.9%
Finland	BGIG +0.8 points	0.8%	0.0%

Concentration

Weight in the 10 largest Holdings

BGIG40.8%
DIVN37.5%

Securities held

BGIG50
DIVN100

Asset class

BGIG: Equity
DIVN: Equity

Holdings

Only in BGIG30
In both20
Only in DIVN80

Only in BGIG

30 securities, 64.0% of BGIG by weight

Microsoft Corp5.09%
UnitedHealth Group Inc4.56%
Taiwan Semiconductor Manufacturing Co Ltd4.49%
Johnson & Johnson4.15%
Broadcom Inc3.96%
Eli Lilly & Co3.25%
Apollo Global Management Inc3.04%
JPMorgan Chase & Co.2.93%
Williams Cos Inc/The2.61%
Travelers Cos Inc/The2.59%
Cisco Systems Inc2.45%
Automatic Data Processing Inc1.78%
Home Depot Inc/The1.76%
Mondelez International Inc1.68%
ExxonMobil Holdings Corp1.65%
Vivmark Residential1.50%
NextEra Energy Inc1.49%
WEC Energy Group Inc1.47%
PPL Corp1.47%
Cummins Inc1.41%
Elevance Health Inc1.39%
Sempra1.39%
RTX Corp1.38%
British American Tobacco PLC1.22%
Eaton Corp PLC1.16%
Accenture PLC1.16%
Ventas Inc0.89%
Nokia Oyj0.79%
Corning Inc0.70%
VICI Properties Inc0.55%

Only in DIVN

80 securities, 67.6% of DIVN by weight

Procter & Gamble Co/The4.81%
ConocoPhillips3.06%
Amgen Inc2.94%
QUALCOMM Inc2.89%
Gilead Sciences Inc2.75%
Altria Group Inc2.52%
Merck & Co Inc2.25%
PepsiCo Inc2.24%
Bristol-Myers Squibb Co2.18%
Verizon Communications Inc2.13%
Automatic Data Processing Inc1.95%
Lockheed Martin Corp1.81%
Coca-Cola Co/The1.75%
EOG Resources Inc1.62%
TJX Cos Inc/The1.55%
Valero Energy Corp1.37%
Lowe's Cos Inc1.27%
Capital One Financial Corp1.22%
Phillips 661.17%
Colgate-Palmolive Co1.15%
Allstate Corp/The1.08%
Marathon Petroleum Corp0.93%
Marsh & McLennan Cos Inc0.89%
Royal Caribbean Cruises Ltd0.86%
United Parcel Service Inc0.82%
Travelers Cos Inc/The0.78%
MSCI Inc0.78%
Occidental Petroleum Corp0.72%
Diamondback Energy Inc0.68%
3M Co0.65%
Northrop Grumman Corp0.61%
Hershey Co/The0.61%
NXP Semiconductors NV0.58%
W R Berkley Corp0.55%
Cincinnati Financial Corp0.55%
Motorola Solutions Inc0.50%
Williams-Sonoma Inc0.48%
American International Group Inc0.47%
T Rowe Price Group Inc0.47%
M&T Bank Corp0.47%
Prudential Financial Inc0.46%
Expand Energy Corp0.45%
DR Horton Inc0.45%
VeriSign Inc0.44%
HP Inc0.44%
Principal Financial Group Inc0.41%
eBay Inc0.40%
Synchrony Financial0.40%
Snap-on Inc0.39%
Cboe Global Markets Inc0.38%

Weight gaps

All 20 Holdings in both funds, largest gap first.

Holding weights in BGIG and DIVN, widest gap first
Holding	More in BGIGMore in DIVN	BGIG	DIVN
Philip Morris International IncPM	DIVN +3.37 points	1.88%	5.25%
PNC Financial Services Group Inc/ThePNC	BGIG +3.12 points	3.68%	0.56%
McDonald's CorpMCD	DIVN +2.44 points	0.84%	3.28%
General Dynamics CorpGD	BGIG +1.85 points	2.39%	0.54%
Darden Restaurants IncDRI	BGIG +1.65 points	1.99%	0.34%
Chevron CorpCVX	DIVN +1.38 points	4.09%	5.47%
TE Connectivity PLCTEL	BGIG +1.27 points	2.24%	0.97%
Smurfit Westrock PLCSW	BGIG +1.19 points	1.31%	0.12%
TKO Group Holdings IncTKO	BGIG +1.14 points	1.34%	0.20%
Targa Resources CorpTRGP	BGIG +1.05 points	1.87%	0.82%
Texas Instruments IncTXN	DIVN +1.02 points	0.90%	1.92%
Garmin LtdGRMN	BGIG +1.01 points	1.86%	0.85%
CME Group IncCME	BGIG +0.64 points	2.08%	1.44%
Waste Management IncWM	DIVN +0.59 points	0.52%	1.11%
Union Pacific CorpUNP	DIVN +0.57 points	0.72%	1.29%
Fastenal CoFAST	BGIG +0.49 points	1.47%	0.98%
Hartford Insurance Group Inc/TheHIG	DIVN +0.17 points	0.49%	0.66%
ONEOK IncOKE	BGIG +0.16 points	0.83%	0.67%
AbbVie IncABBV	DIVN +0.13 points	4.45%	4.58%
Illinois Tool Works IncITW	DIVN +0.10 points	1.10%	1.20%

All 50 BGIG holdings⁠All 102 DIVN 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.

BGIG vs DIVN Cost

Overpaying DIVN vs BGIG

$4,565

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

BGIG 0.45%
$9,041
DIVN 0.70%
$13,606

Amount$10,000

Years30 years

Cost over time

BGIG 0.45%
DIVN 0.70%
Overpaying

Year by year

Year	BGIG	DIVN	Overpaying
10	$812	$1,250	$438
20	$3,128	$4,760	$1,632
30	$9,041	$13,606	$4,565

Expense ratio

0.45%BGIG, cheaper
0.70%DIVN

BGIG0.45%DIVN0.70%

0.25%0.99%

Middle half of US Active Dividend Income funds
Median 0.50%

BGIG 9th cheapest of 40 funds

DIVN 33rd cheapest of 40 funds

BGIG vs DIVN Dividends

Last 12 months to Oct 30, 2026

Yield (12M): BGIG 1.67%; DIVN 4.09%, better
Payout (12M): BGIG $0.62; DIVN $1.31
Last payment: BGIG $0.05; DIVN $0.10
Ex-dividend: BGIG Oct 29, 2026; DIVN Oct 29, 2026
Paid on: BGIG Pays Nov 2, 2026; DIVN Oct 30, 2026
Frequency: BGIG Monthly; DIVN Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

BGIGMonthly · 38 paymentsAll BGIG payments⁠

DIVNMonthly · 10 paymentsAll DIVN payments⁠

BGIG vs DIVN Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: BGIG 9.5%DIVN 12.2%since Jul 2025
Return per unit of riskSharpe ratio, 3 years: BGIG 1.49DIVN 1.57since Jul 2025
Worst fallMax drawdown, 5 years: BGIG −13.2%since Sep 2023DIVN −5.5%since Jun 2025
Market sensitivityBeta, 5 years: BGIG 0.55DIVN 0.13; Market = 1

BGIG and DIVN in the news

All news⁠

New ETFs
American Beacon's London Company ETF charges 0.67%, and the prospectus limits the tax pitch
Oct 5, 2026BGIG

Popular comparisons

BGIGAvsCGDVA
Bahl & Gaynor Income Growth ETF · Capital Group Dividend Value ETF
Expense ratio
0.45% · 0.33%
Category
DIVNCvsCGDVA
Horizon Dividend Income ETF · Capital Group Dividend Value ETF
Expense ratio
0.70% · 0.33%
Category
BGIGAvsHIDVA
Bahl & Gaynor Income Growth ETF · AB US High Dividend ETF
Expense ratio
0.45% · 0.35%
Category
DIVNCvsHIDVA
Horizon Dividend Income ETF · AB US High Dividend ETF
Expense ratio
0.70% · 0.35%
Category
BGIGAvsBGDVB
Bahl & Gaynor Income Growth ETF · Bahl & Gaynor Dividend ETF
Expense ratio
0.45% · 0.45%
Category
DIVNCvsBGDVB
Horizon Dividend Income ETF · Bahl & Gaynor Dividend ETF
Expense ratio
0.70% · 0.45%
Category

BGIG vs DIVN

In short

Stated mandate

Why people hold it

Worth knowing

How BGIG and DIVN differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in BGIG

Only in DIVN

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

American Beacon's London Company ETF charges 0.67%, and the prospectus limits the tax pitch

How BGIG and DIVN differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in BGIG

Only in DIVN

Weight gaps